A novel research report on Global Soda Ash Market has been recently published by Reports and Data covering latest trends and key market developments during the forecast period from 2018 to 2026. The report offers an in-depth analysis of forecast insights, market size, emerging trends, revenue growth, top companies, growth factors, restraints and opportunities in the global Soda Ash market. The report also offers an accurate analysis of competitive landscape, sales statistics and regional manufactures. The data has been extracted through extensive research and is further validated by professionals and experts in the industry. The report uses charts, graphs, tables and figures to visually reflect the statistical data collected and makes it easier for readers to understand the market situation. The report also provides insights of the top key companies operating the market.
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Further key findings from the report suggest
- The Soda Ash market held a market share of USD 22.01 Billion in the year 2018 that is forecasted to grow at a rate of 5.9% during the forecast period.
- In context to Density, the Light Soda Ash segment is projected to witness a significant growth rate of 7.0% during the forecast period, which is expected to occupy 32.0% of the market by 2027. The rising demand for soaps & detergents in developing regions and applicability of the light soda ash in its manufacturing, wherein it is used in enhancing the cleansing properties along with regulating the pH balance, contributes to the growth rate witnessed by this segment.
- In context to the Production Process, the Solvay process segment generated the highest revenue of USD 12.99 Billion in 2018, with a growth rate of 6.0% during the forecast period. The revenue generated by the segment is attributed to the extensive application of this process in the production of soda ash, because of its advantages like it consumes only limestone and brine, having calcium chloride as the only waste product, the process is economical as compared to other processes, which results in increasing preference among the manufacturers.
- In context to End-use, the Glass and ceramics segment held the largest market share of 46.0% in 2018, with a CAGR of 6.0% during the forecast period. The extensive application of sodium carbonate in the manufacturing of glass that is one of its major applications, wherein it is used to minimize the melting point of silica, contributes to the market share occupied by this segment.
- In regards to the region, Europe held 0% of the market in 2018, with a growth rate of 6.2% during the forecast period. Factors like continuous growth in the automotive industry, well-established home care products & personal care industry contributes to the market share occupied by this region.
- Key participants include Solvay SA, Tata Chemicals Limited, Nirma Limited, FMC Corporation, Ciech SA, OCI Chemical Corporation, GHCL Limited, Soda Sanayii as, Oriental Chemical Industries and DCW Limited.
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For the purpose of this report, Reports and Data have segmented the global Soda Ash market according to Density, Production Process, End-use, and Region:
Density Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)
- Dense Soda Ash
- Light Soda Ash
Production Process Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)
- Solvay process
- Mining
- Hou's process
- Barilla and kelp
End-use Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)
- Glass and ceramics
- Paper and pulp
- Soaps & Detergents
- Chemicals
- Metallurgy
- Water Treatment
- Food additive and cooking
- Others
Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)
- North America
- U.S.
- Europe
- UK
- France
- Asia Pacific
- China
- India
- Japan
- MEA
- Latin America
- Brazil
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