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The Soda Ash Market report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2031.
The Soda Ash Market report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint.
The global soda ash market report has been segmented on the basis of product, distribution channel, and region.
Soda Ash Market Overview:
“The Soda Ash Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.
Soda ash also known as sodium carbonate is an alkali chemical refined from trona ore.
It is an odorless powder that is not toxic, flammable, or explosive. Soda ash is available in three different grades namely dense soda ash, light soda ash, and washing soda. Dense soda ash is an anhydrous substance mostly used in the manufacturing of industrial chemicals.
Light soda ash is used as a pH regulator in various industrial processes. Washing soda is an anhydrous substance that is produced by combining light soda with additional molecules of water and used in soaps and washing detergents to improve their cleaning properties.
The soda ash market is majorly driven by the growing demand for end-user industries. Soda ash is used in the manufacturing of flat glass which is used in building & construction activities. Growing demand for soda ash for building and construction is expected to drive market growth. \
Growing demand for glass from the end-user industry such as automotive is expected to boost the market growth over the forecast period.
Lenient regulations for synthetic soda in the Asia Pacific are anticipated to drive market growth over the forecast period in the region.
The glass segment is expected to account for the major share of the soda ash market and is anticipated to maintain its dominance over the forecast period.
The ability of soda ash to control the furnace temperature to melt the silica makes it an important element in the glass manufacturing process. Increasing demand for glass in various end uses is expected to boost demand for soda ash.
The Asia Pacific is expected to account for the major share of the market and is estimated to maintain its dominance over the forecast period. The presence of a large number of manufacturers in the region is expected to fuel the market growth.
The market growth is anticipated to be driven by the increasing production capacity of India and China coupled with growing demand for end-use industries in emerging economies such as China, India, Indonesia, and Taiwan.
Manufacturers from China are projected to face stiff competition from US companies regarding cost advantages provided by the US-based manufacturers.
Market segmentation and key players operating in the global soda ash market:
By application:
- Chemicals
- Glass
- Soap & detergent
- Water treatment
- Metallurgy
- Pulp & paper
- Others
By region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
- Tata Chemicals Ltd.
- Searles Valley Minerals
- Gujarat Heavy Chemicals Ltd.
- Solvay Chemicals Inc.
- Soda Sanayii A.S
- FMC Corporation
- Oriental Chemical Industries
- CIECH Soda Romania
- Nirma Limited
- DCW Limited
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