Title: Global Soda Ash Market Sales, Size, Revenue Status, Analysis, Trends & Forecast During 2018-2023
1 Growth of Global Soda Ash Market
Accelerated by Demand in Water Treatment
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3Report Description and Highlights
Report Description
Growth of Global Soda Ash Market Accelerated by
Demand in Water Treatment The global soda ash
market has witnessed a positive growth over the
past few years. This can be accredited to the
growing demand in the manufacturing of products
such as soaps and detergents, glass, paper and
pulp, etc. IMARC Groups recently published
study, titled Soda Ash Market Global Industry
Trends, Share, Size, Growth, Opportunity and
Forecast 2018-2023, finds that the global soda
ash market reached a value of nearly US
12 Billion in 2017. Soda ash, also known as
sodium carbonate (Na2CO3), is an odorless, white
crystalline solid that belongs to the
chlor-alkali family. It is found in large natural
deposits and can also be extracted from the ashes
of plants growing in sodium-rich soils.
Commercial soda ash is highly puri?ed and is sold
in various grades that differ primarily in bulk
density, and particle shape and size. In recent
years, growing awareness among the consumers
about health and hygiene has resulted in an
increased demand for soaps and detergents,
particularly in the developing regions. Apart
from this, soda ash is also used in the
manufacturing of paper, glass, ceramics, sodium
salts, petroleum products, etc.
4Report Description and Highlights
Report Description
Global Soda Ash Market Trends Soda ash is used
as an additive in numerous home detergents and
cleaning products since it is very effective in
removing alcohol and grease stains from clothing.
In addition, it is used as a substitute for
sodium hydroxide in cooking for lyeing,
especially with lye rolls and German pretzels.
Further, the escalating demand for soda ash in
water treatment and environmental applications
for improving the alkalinity of lakes and
controlling the pH of water has spurred the
overall growth of the market. Another
growth-inducing factor is a considerable increase
in the production of glass due to rising demand
from the construction and renovation, and
automotive industries. However, the availability
of soda ash substitutes, namely sodium silicate,
caustic soda, etc. are limiting the overall
growth of global soda ash market. Moreover, the
stringent environmental regulations regarding the
production of soda ash is also adversely
affecting the market growth. Looking forward, the
market value is projected to exceed US
15 Billion, expanding at a CAGR of more than 6
during 2018-2023. Read more here
https//www.imarcgroup.com/soda-ash-technical-mate
rial-market-report
5Report Description and Highlights
Report Description
-
- Global Soda Ash Market Summary
- On the basis of application, the market has been
segmented into glass, chemicals, soaps and
detergents, metallurgy, and pulp and paper.
Currently, the glass industry represents largest
consumer of soda ash, accounting for majority of
the market share. - Region-wise, China dominates the global soda ash
market, holding nearly a half of the total global
share. Other major regions include Asia-Pacific
(excluding China), Europe, North America, Latin
America, and Middle East and Africa. - The competitive landscape of the market has also
been examined with some of the key players being
Solvay, Tata Chemicals Limited, Shandong Haihua
Co. Ltd., Tronox Ltd. and Nirma. - Want more information about this market? Request
a free report sample - https//www.imarcgroup.com/request?typereportid
324flagB
6Report Description and Highlights
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7Report Description and Highlights
Report Description
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