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

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 global Soda Ash market has reached around 58 million tonnes in 2021 and is expected to grow at a CAGR of 4.42% during the forecast period until 2035. WE Soda, one of the giants of Soda Ash recently announced about construction of a new plant situated in Green River, Wyoming. This new soda ash plant is worth USD 4 billion and have a production capacity of approximately 6 milliion tonnes per ammum by the year 2035.

Soda Ash is the common name of Sodium Carbonate (Na2CO3O). This alkali metal salt can either be refined from mineral trona and mineral nahcolite or it can be synthetically produced by conducting a chemical reaction. Soda ash is primarily used by the glass industry where it is employed for making fibreglass insulating material, flat glass, and containers for building homes, offices, and vehicles. Soda ash is easy to dissolve material and is employed in a variety of chemical reactions. It is primarily utilised as an ingredient in the production of synthetic fertilizers, detergents, and dyes and colorants. It is a vital chemical in the petroleum and enamel coating sectors.

The primary driver of Soda Ash global market is the manufacture of glass. In 2021, Flat Glass and Container Glass industries collectively consumed approximately 52% of the global Soda Ash. The unique properties of soda ash like good solubility makes it a suitable ingredient for the manufacture of detergents. Soda Ash can replace phosphates in detergents and cleaners which is further contributing towards its demand in the global market. Soda Ash is anticipated to accelerate in the forecast period and reach around 100 million tonnes by 2035.

The dominating region that demands the most significant volume is Asia Pacific Region, with a market share of more than 40% of global Soda Ash market in 2021. Application of Soda Ash in detergents and glass industries is rising, especially in developing countries of APAC region, including India and other countries. These factors are anticipated to increase the demand of Soda Ash in the forecast period. Based on production, North America is leading amongst other continents. In 2021, North America produced about 27% of the Soda Ash on a global level.

Based on type, the global Soda Ash market is segregated into Dense Soda Ash and Light Soda Ash. Both the types have similar demand in the market, although the Dense Soda Ash is a little bit ahead. The Dense Soda Ash was holding a market share of more than 50% in 2021. Dense soda ash is utilized for manufacturing glass, soaps, detergents, effluent, drugs, manufacture of paper, metallurgical processes.

Based on the end-user industry, the Soda Ash market is segmented into sectors like Flat Glass, Container Glass, Soap & Detergent, Metal Processing, and Others. Flat Glass is holding a share of approximately 30% of the market in 2021. Another impressive application of Soda Ash is Soap & Detergent sector that widely utilizes Soda Ash as a filler. In the Metal Processing industry, Soda Ash is employed in the extraction and smelting of alumina products.

Significant companies for Global Soda Ash 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.

Years considered for this report:

Historical Period: 2015- 2021

Base Year: 2021

Estimated Year: 2022

Forecast Period: 2023-2035

The objective of the Study:

• To assess the demand-supply scenario of Soda Ash, which covers the production, demand, and supply of Soda Ash around the globe.
• To analyze and forecast the market size of Soda Ash.
• To classify and forecast the Global Soda Ash market based on end-use and regional distribution.
• To examine global competitive developments such as new capacity expansions, mergers & acquisitions, etc., of the Soda Ash market.

To extract data for the Global Soda Ash market, primary research surveys were conducted with Soda Ash manufacturers, suppliers, distributors, wholesalers, and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for the Global Soda Ash market over the coming years.

ChemAnalyst calculated Soda Ash demand around the globe by analyzing the historical data and demand forecast, which was carried out considering the production of raw material to produce Soda Ash. ChemAnalyst sourced these values from industry experts and company representatives and externally validated them by analyzing the historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources, such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.

Key Target Audience:

• Soda Ash manufacturers and other stakeholders
• Organizations, forums and alliances related to Soda Ash distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Soda Ash manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, Global Soda Ash market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market by Type: Dense Soda Ash and Light Soda Ash
• Market, by End-use: Flat Glass, Container Glass, Soap & Detergent, Metal Processing, and Others.
• Market, by Sales Channel: Direct Sale and Indirect Sale
• Market, by Region: North America, Europe, Asia Pacific, Middle East and Africa, and South America.

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