Press release
Soda Ash Market : Exploring Growth Drivers and Overcoming Challenges to Reach US$ 25.6 Billion by 2028
Soda Ash Market
Report Highlights
How Big is the Soda Ash Market?
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.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐จ๐ซ ๐ ๐ ๐ซ๐๐ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/soda-ash-technical-material-market-report/requestsample
What is Soda Ash?
Soda ash, also called sodium carbonate, represents a powdered, white, anhydrous, or granular substance. It refers to an alkali chemical that is produced from mineral trona, wood ashes of plants grown in salt-bearing soils, such as kelp, saltwort, and seaweed, and naturally occurring sodium carbonate-bearing brines. Soda ash is highly purified and commonly available in various grades that differ primarily in bulk density. It is economical, effective, and beneficial in removing alcohol and grease stains from several clothing materials. Soda ash easily eliminates or de-clarifies phosphates and sulfurs from numerous ferrous and non-ferrous ores. It also aids in improving the alkalinity of lakes, maintaining the potential of hydrogen (pH) in water, lowering the acidity of emissions that are generated from a power plant, etc. Consequently, soda ash is extensively utilized in the construction, manufacturing, automotive, paper and pulp, and soap and detergents industries across the globe.
What are the Growth Prospects and Trends in the Soda Ash Industry?
The growing adoption of this substance for manufacturing glass is primarily driving the soda ash market. Additionally, it is also utilized in wastewater treatment to maintain hygiene and remove impurities, which is catalyzing the market growth. Besides this, the escalating demand for soda ash to produce coloring agents, dyes, fertilizers, etc., is further positively influencing the global market. Moreover, the rising usage of soda ash to ensure the proper potential of hydrogen (pH) balance of the water and increase the alkalinity in swimming pools is acting as another significant growth-inducing factor. Apart from this, it is needed to manufacture sealants and glues, thereby augmenting the market growth. Furthermore, the development of effective and inexpensive cleaning solutions that help in minimizing stains from clothes is expected to bolster the soda ash market over the forecasted period.
๐๐ฎ๐ฒ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.imarcgroup.com/checkout?id=324&method=1
Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.
Who are the Key Players Operating in the Soda Ash Market?
The report has also provided a comprehensive analysis of the competitive landscape in the global soda ash market. Some of the companies covered in the report include:
โข Solvay S.A.
โข Tata Chemicals Limited
โข Shandong Haihua Group Co. Ltd.
โข Tronox Limited
โข Nirma Limited
What is Included in Market Segmentation?
The report has categorized the market based on application and region.
Based on Application:
โข Glass
โข Soaps and detergents
โข Chemicals
โข Metallurgy
โข Pulp and paper
โข Others
Regional Insights:
โข China
โข Asia Pacific (Excluding China)
โข Europe
โข North America
โข Latin America
โข Middle East and Africa
๐๐ฉ๐๐๐ค ๐ญ๐จ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ: https://www.imarcgroup.com/request?type=report&id=324&flag=C
Key Highlights of The Report:
โข Market Performance (2017-2022)
โข Market Outlook (2023-2028)
โข Market Trends
โข Market Drivers and Success Factors
โข Impact of COVID-19
โข Value Chain Analysis
โข 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.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com/
Follow us on twitter: @ImarcServices
LinkedIn: https://www.linkedin.com/company/imarc-group
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.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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