Global Soda Ash Market By Overview
Soda ash is also known as sodium carbonate, which is an alkali chemical, an odorless powder and non-toxic, flammable, and explosive in nature. Soda ash is found in large natural deposits and can be extracted from the ashes of plants growing in sodium-rich soils. Commercial soda ash is highly purified and is sold in various grades that differ primarily in bulk density, particle shape and size. Soda ash has numerous applications such as water softening in laundering, food additive, foaming agent in toothpaste, stain remover and many others. Soda Ash Market accounted for US$ 19.8 billion in 2020 and is estimated to be US$ 30.2 billion by 2030 and is anticipated to register a CAGR of 4.30%.
Global Soda Ash Market By Drivers & Restraints
- Increasing demand for end-user industries
Increasing demand from end user industries, such as glass and soap & detergents, building and construction fosters the global soda ash market. Further, soda ash is used in the manufacturing of paper, glass, ceramics, sodium salts, petroleum products, metallurgy and products etc. which supports the growth of global soda ash market.
- Improves alkalinity of lakes
Moreover the increasing demand for soda ash in water treatment and environmental applications for improving the alkalinity of lakes and controlling the pH of water has promoted the growth of the global soda ash market. However, availability of soda ash substitutes, namely caustic soda, sodium silicate hampers the growth of soda ash market.
- Stringent environmental regulations
The stringent environmental regulations regarding the production of soda ash are limiting the overall growth of global soda ash market. Further, environmental regulation in manufacturing synthetic soda ash along with fluctuating prices of natural soda ash due to limited availability also hampers the market over the forecast period.
Global Soda Ash Market By Segmentations & Regional Insights
Soda ash market has been segmented on the basis of application and region.
On the basis of application the soda ash market has been segmented into chemicals, glass, detergents and soaps, metallurgy, petroleum, pulp and paper, water treatment, and others.
Regional Insights:
For detailed understanding of market dynamics, On the basis of region, the global soda ash market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The Asia Pacific is expected to account the major share of the market and is estimated to maintain its dominance over the forecast period owing to the presence of a large number of manufacturers in the region. The growing glass industry on account of developing domestic as well as commercial buildings particularly in Asia-Pacific and Middle East is expected to boost the global soda ash market over the forecasted period. Further, the growing demand for soaps and detergents, water treatment facility and metallurgy in China and India, also supports the growth of soda ash market. In addition, the increase in the production capacity of India and China coupled with growing demand for end use industries is expected to boost the growth of global soda ash market.
Plastic Pigments Market Report Scope:
|
Attribute |
Details |
|
Base year for estimation |
2020 |
|
Forecast period |
2020 – 2030 |
|
Market representation |
Revenue in USD Billion & CAGR from 2020 – 2030 |
|
Market Segmentation |
By Application- Chemicals, Glass, Detergents and Soaps, Metallurgy, Petroleum, Pulp and Paper, Water Treatment and Others |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Detailed Segmentation:
Soda Ash Market, By Region:
- North America
- Middle East & Africa
- Middle East & Africa Dairy Packaging Market, By Application
- Middle East & Africa Dairy Packaging Market, By Country
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Latin America Dairy Packaging Market, By Application
- Latin America Dairy Packaging Market, By Country
- Brazil
- Mexico
- Rest of Latin America
- Asia Pacific
- Asia Pacific Dairy Packaging Market, By Application
- Asia Pacific Dairy Packaging Market, By Country
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Europe
- Europe Dairy Packaging Market, By Application
- Europe Dairy Packaging Market, By Country
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- North America Dairy Packaging Market, By Application
- North America Dairy Packaging Market, By Country
- U.S.
- Canada
- Middle East & Africa
Global Soda Ash Market By Competitive Landscape & Key Players
The Key players operating in the soda ash market includes Solvay SA, Tata Chemicals Limited, GHCL Limited, FMC Corporation, Ciech SA , Oriental Chemical Industries , Soda Sanayii AS, Nirma Limited, DWC Limited, and Shandong Haihua Co.Ltd. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market.
Global Soda Ash Market By Company Profile
- Solvay SA
- Business Strategies
- Financial Performance
- Key Highlights
- Product Portfolio
- Company Overview
- Tata Chemicals Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- GHCL Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- FMC Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Ciech SA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Oriental Chemical Industries
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Soda Sanayii AS
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Nirma Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- DWC Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Shandong Haihua Co.Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
FAQs
Soda Ash Market is segmented on basis of application and region.
Increasing demand from end user industries, such as glass and soap & detergents, building and construction fosters the global soda ash market.
The Asia Pacific is expected to account the major share of the market and is estimated to maintain its dominance over the forecast period owing to the presence of a large number of manufacturers in the region.
The Key players operating in the soda ash market includes Solvay SA, Tata Chemicals Limited, GHCL Limited, FMC Corporation, Ciech SA , Oriental Chemical Industries , Soda Sanayii AS, Nirma Limited, DWC Limited, and Shandong Haihua Co.Ltd.