Allen Bond

Research Report on Global Soda Ash Market: Trends Analysis & Forecast Market

Press Release   •   Feb 28, 2017 15:04 IST

The global soda ash market was valued over USD 16.0 billion in 2014. In terms of volume, the size of global soda ash market was more than 55.5 million tons in 2015. The soda ash market is projected to reach USD X.xx billion by 2022, growing with a CAGR of 6% to 6.5 % from 2016 to 2022. Soda ash or sodium bicarbonate is a stable, odourless, white powder. Soda ash is an alkali obtained by refining mineral trona, brines of sodium bicarbonate available naturally or anchorite mineral. Synthetic soda ash is manufactured by Solvay process with limestone and salt as rawmaterials. Dense soda ash,light soda ash and washing soda are the three primary grades of soda ash available in the market. Although these grades possess same chemical properties, they are differ from each other in terms of bulk density, particle size as well as shape.Soda ash find its major application in glass manufacturing industry for the production of glasses for automotive industries, commercial buildings, containers housing and insulation. Soda ash has significance in metallurgical processes of removing calcium, phosphorous and sulphur from certain ferrous as well as nonferrous ores. Moreover, it is widely used in the recycling processes of aluminium and zinc. Due to its high solubility, it finds applications in various chemical industries for manufacturing products, such as colouring agents, dyes, fertilizers, synthetic detergents as a raw material. In industries such as enamelling and petroleum, soda ash has importance as a chemical agent. Soda ash has useful environmental applications such as improving the alkalinity of those lakes that are affected by acid rain and in reducing the acid presence in the emissions from power plants.

The demand for glass in the construction sector in Asia-Pacific is expected to fuel the growth global soda ash market during the forecast period. Fluctuation in energy prices is one the of key restraining factors which is likely to adversely impact the growth of the soda ash manufacturing industry, as it consumes lot of energy. The change in the economic models in the soda ash production industry is expected to drive the market towards transformation. The soda ash alternatives such as caustic soda, sodium silicate and some others are expected to pose serious threat to soda ash, during the forecast period.

Segments Covered:

The report segments the global soda ash market by application, and region. On the basis of application, the market is segmented as chemicals, glass,detergents and soaps, metallurgy, petroleum, pulp and paper, water treatment, and others.

Geographic Coverage and Analysis:

The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. Asia-Pacific region is the largest soda ash market in the world. China accounts for major market share of soda ash production in Asia-Pacific due to the presence of large number of manufacturers and most of them have adopted Solvay process for producing soda ash.China is the leading synthetic soda ash manufacturing country in the world. The natural soda ash reserves found in Turkey gives them the potential to become a major soda ash producing nation in the region.Europe is the second largest soda ash market in the world. The use of soda ash in water treatment as well as desulfurization of flue gas drives theEuropean market. The increase in demand for household detergents is expected to drive the European market during the forecast period. North American region has second largest production capacity in the world, as USA has the largest natural soda ash resources in the world. American Soda ash is mainly manufactured by natural process and it has the potential to be competitive to synthetic soda ash due to its lesser price. The major players in the global soda ash market are opting expansion of the manufacturing facilities and mergers and acquisitions in new markets for growth. Using cost effective energy sources and adopting environmental friendly technologies for existing facilities are expected to be the major challenges for the major players in the market. The increasing requirement of enhanced oil recovery, owing to the governments’ energy policies that mandate conservation, advancement in technologies and varying fuel prices globally are expected to provide opportunities for major players in the soda ash market during the forecast period.

Companies Profiled:

The companies covered in the report include CIECH SA, General Chemical Industrial Products Inc, GHCL Limited, FMC Corporation, Irma limited, Lianyungang Soda Ash, Oriental Chemical Industries, Soda Sanayii AS, Tronox, and Tata Chemicals.

Report Highlights:

The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand ofsoda ashglobally as well as regionally. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter’s five forces analysis and value chain analysis ofsoda ash. Moreover, the study highlights current market trends and provides forecast from 2016 to 2022. We also have highlighted future trends in thesoda ashmarket that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers and distributors of the soda ashmarket to understand the present and future trends in this market and formulate their strategies accordingly.

Table of Content

  • 1.Preface
  • 1.1 Report Description
  • 1.2 Research Methods
  • 1.3 Research Approaches
  • 2.Executive Summary
  • 3.Global Soda Ash Market Overview
  • 3.1 Introduction
  • 3.2 Market Dynamics
  • 3.2.1 Drivers
  • 3.2.2 Restraints
  • 3.2.3 Opportunities
  • 3.2.4 Challenges
  • 3.3 Porter’s Five Forces Analysis
  • 3.4 IGR – Growth Matrix Analysis
  • 3.5 Competitive Landscape in the Soda AshMarket
  • 3.6 Regulatory framework in Soda Ash market by region
  • 3.6.1 North America
  • 3.6.2 Europe
  • 3.6.3 Rest of the World
  • 4.Global Soda Ash Market Analysis, by Application (USD Million, KT) 2014 – 2022
  • 4.1 Chemicals
  • 4.2 Glass
  • 4.3 Detergents and soaps
  • 4.4 Metallurgy
  • 4.5 Petroleum
  • 4.6 Pulp and Paper
  • 4.7 Water Treatment
  • 4.8 Others
  • 5.Global Soda Ash Market Analysis, by Region (USD Million, KT) 2014 – 2022
  • 5.1 North America
  • 5.1.1 North America Soda AshMarket by Application (USD Million, KT) 5.1.2 North America Soda AshMarket by country (USD Million, KT)
  • 5.2 Europe
  • 5.2.1 Europe Soda AshMarket by Application (USD Million, KT)
  • 5.2.2 Europe Soda AshMarket by country (USD Million, KT)
  • 5.3 Asia-Pacific
  • 5.3.1 Asia-Pacific Soda AshMarket by Application (USD Million, KT) 5.3.2 Asia-Pacific Soda AshMarket by country (USD Million, KT)
  • 5.4 Rest of the World (RoW)
  • 5.4.1 RoWSoda AshMarket by Species (USD Million, KT)
  • 5.4.2 RoWSoda AshMarket by Application (USD Million, KT)
  • 6.Company Profiles
  • 6.1 CIECH SA
    6.2 General Chemical Industrial Products Inc
    6.3 GHCL Limited
    6.4 FMC Corporation
  • 6.5 Nirma limited
  • 6.6 Lianyungang Soda Ash
    6.7 Oriental Chemical Industries
  • 6.8 Soda Sanayii AS
    6.9 Tronox
  • 6.10 Tata Chemicals

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