Soda Ash Market Trends and Dynamic Demand by 2023

Soda ash is an essential raw material used in the manufacture of glass, chemicals, detergents, and various industrial products. It is an anhydrous white powder or granular material that is available in three grades: light, medium, and dense. These grades offer similar chemical properties, but differ in physical characteristics such as bulk density and particle size and shape (which affect the flow characteristics and angle of repose).

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Soda ash is synthetically produced from salt and limestone through the Solvay process. It is also extracted from ashes of many plants growing in sodium-rich soils in the Middle East, Spain, and Scotland.

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Soda ash is extensively used in the manufacture of glass. As per the U.S. Geological Survey, around 30% of soda ash shipments in the U.S. are utilized for glass production. Additionally, the chemical processing industry accounts for significant demand for soda ash. Soda ash is used in the manufacture of sodium silicate, chrome chemicals, photographic chemicals, sodium bicarbonate, etc.

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Furthermore, soda ash acts as an organic builder in soaps & detergents formulations. Other applications of soda ash include water treatment, wherein it controls pH levels, thus softening water. Furthermore, soda ash is widely used in papermaking. Glass is expected to be the largest application sector in the soda ash market during the forecast period with the flat glass sub-segment dominating the glass sector.

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Growth in the household detergents market in Europe is likely to drive the soda ash market in the near future. Additionally, increasing demand for soda ash in the construction & building materials industry coupled with rising number of water treatment projects is anticipated to fuel the demand for soda ash during the forecast period. However, competition from substitute products such as caustic soda and sodium silicate may act as a restraining factor in the expansion of the sodium silicate market. Rising necessity of Enhanced Oil Recovery (EOR) in regions such as Europe due to energy conservation policies, high fuel prices, and technological development may open avenues for the growth of the soda ash market in the near future.

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