GLOBAL SODA ASH MARKET :TRENDS ANALYSIS AND FORECASTS UP TO 2022
The global soda ash market was valued over USD
16.0 billion in 2014. In terms of volume, the size of
global soda ash market was more than 55.5 million
tons in 2015. The soda ash market is projected to
reach USD X.xx billion by 2022, growing with a
CAGR of 6% to 6.5 % from 2016 to 2022. Soda ash
or sodium bicarbonate is a stable, odorless, white
powder. Soda ash is an alkali obtained by refining
mineral trona, brines of sodium bicarbonate available
naturally or nahcolite mineral. Synthetic soda ash is
manufactured by Solvay process with limestone and
salt as rawmaterials. Dense soda ash,light soda ash
and washing soda are the three primary grades of
soda ash available in the market. Although these
grades possess same chemical properties, they are
differ from each other in terms of bulk density, particle
size as well as shape.Soda ash find its major applica-
tion in glass manufacturing industry for the production
of glasses for automotive industries, commercial
buildings,containers housing and insulation. Soda
ash has significance in metallurgical processes of
removing calcium, phosphorous and sulphur from
certain ferrous as well as nonferrous ores.
The demand for glass in the construction sector in
Asia-Pacific is expected to fuel the growth global so-
da ash market during the forecast period. Fluctuation
in energy prices is one the of key restraining factors
which is likely to adversely impact the growth of the
soda ash manufacturing industry, as it consumes lot
of energy. The change in the economic models in the
soda ash production industry is expected to drive the
market towards transformation. The soda ash alterna-
tives such as caustic soda, sodium silicate and some
others are expected to pose serious threat to soda
ash, during the forecast period.
The report segments the global soda ash market by
application, and region. On the basis of application,
the market is segmented as chemicals,
glass,detergents and soaps, metallurgy, petroleum,
pulp and paper, water treatment, and others.
The report provides regional analysis covering geog-
raphies such as North America, Europe, Asia-Pacific,
and Rest of the World. Asia-Pacific region is the larg-
est soda ash market in the world. China accounts for
major market share of soda ash production in Asia-
Pacific due to the presence of large number of manu-
facturers and most of them have adopted Solvay pro-
cess for producing soda ash.China is the leading syn-
thetic soda ash manufacturing country in the world.
The natural soda ash reserves found in Turkey gives
them the potential to become a major soda ash pro-
ducing nation in the region.Europe is the second larg-
est soda ash market in the world. The use of soda
ash in water treatment as well as desulfurication of
flue gas drives theEuropean market. The increase in
demand for household detergents is expected to
drive the European market during the forecast period.
North American region has second largest production
capacity in the world, as USA has the largest natural
soda ash resources in the world. American Soda ash
is mainly manufactured by natural process and it has
the potential to be competitive to synthetic soda ash
due to its lesser price. The major players in the global
soda ash market are opting expansion of the manu-
facturing facilities and mergers and acquisitions in
new markets for growth. Using cost effective energy
sources and adopting environmental friendly technol-
ogies for existing facilities are expected to be the ma-
jor challenges for the major players in the market.
The increasing requirement of enhanced oil recovery,
owing to the governments energy policies that man-
date conservation, advancement in technologies and
varying fuel prices globally are expected to provide
opportunities for major players in the soda ash mar-
ket during the forecast period.
The companies covered in the report include: CIECH
SA, General Chemical Industrial Products Inc,GHCL
Limited, FMC Corporation,Nirma limited, Lianyun-
gang Soda Ash, Oriental Chemical Industries, Soda-
Sanayii AS,Tronox,and Tata Chemicals.
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