According to ChemAnalyst report, “Global Soda Ash Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Type, End-User Industries, Foreign Trade, Sales Channel, Regional Demand, Company Share, 2015-2035”, The Soda Ash market will likely experience a significant rise and reach approximately 100 million tonnes in 2035, at an expected CAGR of 4.42% during the forecast period by 2035. The rising demand from the Flat Glass, Container Glass, Soap & Detergent, Metal Processing, and Other end-use industries, is anticipated to hike up the demand for the Soda Ash market in the forecast period.
Sodium carbonate is commonly referred to as “soda ash”. It has a chemical formula of Na2CO3O. This non-toxic alkali metal salt can either be made synthetically using a chemical reaction or refined from the mineral ores trona and nahcolite. Soda ash is a versatile alkali salt utilized in various industries like glass manufacturing, detergent production, and softening water. This compound is highly soluble and henceforth used in production of detergents where it is used as a replacement of phosphates. Other industrial applications of soda ash are softening water, corn sweeteners, paper products, toiletries, enamel, petroleum, metallurgical refining, batteries, pharmaceuticals, and more.
The Soda Ash market globally is primarily driven by its usage for the manufacture of glass. In 2021, the Flat Glass and Container Glass industries collectively consumed approximately 52% of the global Soda Ash. These industries are expected to see a further expansion due to growing demand for the construction of homes and commercial complexes. Furthermore, the demand from the Soap & Detergent industry, where in Soda Ash is employed as a filler is expected to enhance the demand of Soda Ash in the forecast period.
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The global Soda Ash market is segmented based on type, end-use, sales channel, and region. Based on type, Soda Ash market is classified into Dense Soda Ash and Light Soda Ash. The Dense Soda Ash is leading the market by just few tonnes in comparison to Light Soda Ash. The glass sector, paper making, and detergent industries and some of the industries that employ the Dense Soda Ash.
Based on end-uses, the Soda Ash market is segregated into like Flat Glass, Container Glass, Soap & Detergent, Metal Processing, and Others. The Flat Glass Industry is leading the Soda Ash market and accounted for a market share of about 30% of the Soda Ash market in 2021. It is anticipated to retain this position in the forecast period owning to the construction and industrialization across the globe.
Based on demand by region, Asia Pacific dominates the global Soda Ash market, consuming about a demand of greater than 40% of the global Soda Ash in 2021 amongst all other regions. Meanwhile, North America Asia Pacific leading as a global producer of Soda Ash and is expected to retain as the leader in the upcoming years as well.
“Global Soda Ash Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Type, End-User Industries, Foreign Trade, Sales Channel, Regional Demand, Company Share, 2015-2035”, the significant players active in the Soda Ash market are Genesis Alkali, Tata Chemicals Limited, CEICH S.A., Ciner Resources Corporation, Tronox Inc, Sisecam, Solvay S.A, Shandong Haitian Biochemical co.ltd, and Searless Valley Minerals.
“The expansion of the global Soda Ash market is anticipated to be driven by the growing demand for soda ash for glass manufacturing by the forecast period of 2035. Properties of Soda Ash, such as its alkalinity combined with saponifying nature which makes it popular ingredient in the soap and detergent industry, as a replacement of phosphates, which is expected to further boost the demand for soda ash globally in the forecast period by 2035. “Said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.
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