SMR: Global Soda Ash Market size, Trends and value 2020
The trade name for sodium carbonate (Na2CO3) is soda ash. Soda ash is a white, anhydrous, powdered or granular material. It is an essential raw material used in the manufacturing of glass, detergents chemicals and other industrial products. Soda ash is eminent for its everyday use as a water softener.
Rising demand from the glass industry is mainly driving the demand for soda ash. In addition, increased use of soda ash in soaps and detergents and pulp & paper industries is expected to boost the demand of soda ash. The soda ash market is experiencing significant growth, especially in Asia-Pacific and North America, due to the increased demand of soda ash products in construction and chemical sectors.
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The global soda ash market is segmented on the basis of applications and regions. Based on different application, market is segmented as glass, chemical, soap, metallurgy, water treatment, pulp & paper, and others. Glass was the largest segment of the market. However, soap segment of the global soda ash market is projected to grow at a strong CAGR during the forecast period.
The report provides a comprehensive view on the soda ash we have included a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the soda ash market has also been included. The study encompasses a market attractiveness analysis, wherein application segments are benchmarked based on their market size, growth rate and general attractiveness.
The report forecasts value of the global soda ash market and its various applications with respect to main regions namely, North America, Europe, Asia-Pacific, Latin America and Middle East & Africa with its further bifurcation into major countries including U.S., Germany, France, UK, China, Japan, India, and Brazil. This segmentation includes demand for soda ash market based on individual products in all the regions and countries.
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Asia-Pacific held the largest share of the global soda ash market in 2014. The soda ash market in Asia-Pacific is estimated to remain prolong segment due to the increasing demand of glass industry especially from China and India countries during the forecast period.
An in-depth market share analysis, in terms of revenue, of the top companies is also included in the report. The leading players of this industry with their recent developments and other strategic industry activities which include, Solvay SA, Tata Chemicals Limited, FMC Corporation, OCI Chemical Corporation, Nirma Limited, Ciech SA, Soda Sanayii AS, GHCL Limited, DCW Limited, and Oriental Chemical Industries are some of the active and important players of the global soda ash industry.
Key segments of the Global Soda Ash Market
Global Soda Ash Market: Application Segment Analysis
Global Soda Ash Market: Region Segment Analysis
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