Press release
Soda Ash market 2021 Global analysis, opportunities and forecast to 2027 | By Top Leading Vendors like Tata Chemicals Ltd, Solvay SA , FMC Corporation , and More...
Soda Ash MarketSodium carbonate, commercially known as soda ash, is an odorless white powder refined from naturally occurring sodium carbonate brines or mineral trona ores. It is stable and not flammable, explosive, or toxic. Soda ash, among other applications, is used in glass manufacturing. Rapid industrialization and urbanization driving the growth of industries, such as building and construction, automotive, and food and beverage, will also propel the demand for glass across these industries. Soda ash is also used in manufacturing of synthetic detergents and fertilizers. The increasing demand for these products, especially in countries such as China and India, is expected to augment the market in the coming years.
The Major Players Covered in this Report:
Tata Chemicals Ltd, Solvay SA , FMC Corporation , Bashkir Soda Company , Huanhua Tianxia Chemical Industry Limited , NIRMA Group , OCI Peroxygens LLC , ICI Pakistan Limited , SEQENS Group , GHCL Limited , Sisecam Group , Ciech Group , Orient Chemical Industries Co., Ltd, Tronox Holdings plc , Genesis Energy, LP
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By Grade , Soda Ash Light , Soda Ash Medium , Soda Ash Dense , By Manufacturing Process, Solvay Process, Hou Process, Trona Process
By Application, Glass Manufacturing, Metallurgy, Dyes and Coloring Agents, Synthetic Detergents and Fertilizers, Pulp and Paper Industry, Waste and Water Treatment, Others ,
Stringent Regulatory Frameworks Deterring Market Growth in Developed Markets
Soda ash production emits greenhouse gases, such as CO2 and SOx. With 60MT of soda ash produced per year, the industry emits 58MT of CO2. Thus, stringent regulations in western markets such as North America and Europe restrict the use of synthetic soda ash, which is expected to limit market growth during the forecast period. Further, increasing geopolitical disputes have muddled up the demand and supply chain between various countries, leading to fluctuations in soda ash prices. Instability in prices also hinders market growth to some extent.
Regional Analysis For Soda Ash Market:
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
In this study, the years considered to estimate the market size of the Soda Ash are as follows:
History Year: 2014-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2021 to 2026
The study objectives of this report are:
To study and forecast the market size of the Soda Ash in the global market.
To analyze the global key players, SWOT analysis, value, and global market share for top players.
To define, describe and forecast the market by type, end-use, and region.
To analyze and compare the market status and forecast among global major regions.
Analyze the potential of the global market and the advantages, opportunities and challenges, constraints, and risks of key regions.
Identify the key trends and factors that are driving or holding back market growth.
To analyze the opportunities in the market for stakeholders by identifying the high-growth segments.
Strategic analysis of each submarket in light of individual growth trends and market contributions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Complete analysis of the strategic strategy and growth of key players
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https://straitsresearch.com/report/Soda-Ash-market
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