Soda Ash Market Size, Growth, Trends, Outlook, Industry Insights and Forecast 2023-2028

According to IMARC Group's latest report, titled "𝗦𝗼𝗱𝗮 𝗔𝘀𝗵 𝗠𝗮𝗿𝗸𝗲𝘁: 𝗚𝗹𝗼𝗯𝗮𝗹 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗧𝗿𝗲𝗻𝗱𝘀, 𝗦𝗵𝗮𝗿𝗲, 𝗦𝗶𝘇𝗲, 𝗚𝗿𝗼𝘄𝘁𝗵, 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝗮𝗻𝗱 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝟮𝟬𝟮𝟯-𝟮𝟬𝟮𝟴″, The global soda ash market size reached US$ 18.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 25.6 Billion by 2028, exhibiting a growth rate (CAGR) of 5.4% during 2023-2028.

Soda ash (Na2CO3), also called sodium carbonate or washing soda, is a white, odorless, and non-toxic organic salt of sodium. It is usually found in natural deposits and can be acquired from the ashes of plants growing in sodium-rich soil. Soda ash belongs to the Chlor-alkali family and exhibits disinfectant properties. In line with this, it acts as an essential component in bleach, stain removers, sanitizing sprays, laundry detergents, all-purpose cleaners, automatic dishwashing detergents, etc. Commercial soda ash is commonly available in several grades that differ in particle size and shape as well as bulk density. It is widely utilized as a fungicide, microbicide, herbicide, and as pH adjuster in personal care items.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐚 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/soda-ash-technical-material-market-report/requestsample

Soda Ash Market Trends:

The escalating demand for glass products, on account of the inflating sales of automobiles and the increasing construction activities, is among the key factors stimulating the soda ash market. Furthermore, the elevating utilization of the crystalline solid in the production of numerous chemicals, including sodium silicate, sodium chromate and dichromate, sodium bicarbonate and percarbonate, etc., is acting as another significant growth-inducing factor. Apart from this, the widespread adoption of soda ash in the manufacturing of dyes, coloring agents, adhesives, sealants, etc., is positively influencing the global market. Moreover, it is used to produce soaps, detergents, shampoos, etc., which is also propelling the market growth. Besides this, the growing consumer awareness towards personal hygiene is further catalyzing the global market. Additionally, the rising number of wastewater treatment projects, owing to the implementation of stringent regulations by government bodies, is expected to fuel the soda ash market over the forecasted period.

𝐂𝐡𝐞𝐜𝐤𝐨𝐮𝐭 𝐍𝐨𝐰: https://www.imarcgroup.com/checkout?id=324&method=1

Soda Ash Market 2023-2028 Competitive Analysis and Segmentation:

The competitive landscape of the soda ash market has been studied in the report with the detailed profiles of the key players operating in the market.

Competitive Landscape with Key Players:

• Solvay S.A.
• Tata Chemicals Limited
• Shandong Haihua Group Co. Ltd.
• Tronox Limited
• Nirma Limited

Key Market Segmentation:

The report has segmented the soda ash market on the basis of application and region.

Breakup by Application:

• Glass
• Soaps and detergents
• Chemicals
• Metallurgy
• Pulp and paper
• Others

Breakup by Region:

• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others)
• Middle East and Africa ( Turkey, Saudi Arabia, Iran, United Arab Emirates, Others)

𝐀𝐬𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 𝐟𝐨𝐫 𝟏𝟎% 𝐟𝐫𝐞𝐞 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐫𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/request?type=report&id=324&flag=C

Key highlights of the report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

𝗔𝗯𝗼𝘂𝘁 𝗨𝘀:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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This release was published on openPR.