Global Trona Market Overview:
Trona known as Sodium carbonate is a non-mineral, form of sodium sesqui carbonate. The word trona is named from a Swedish term which means native salt. It is a double salt of sodium carbonate and sodium bicarbonate with two waters of hydration. Its molecular formula is Na2CO3NaHCO32H2O. It forms efflorescent crusts on the walls of mines and caves in the arid regions and is found in deposits. Trona is light brown solid, odourless dust used in glass manufacturing and other various industrial applications. Trona is a common source of soda ash, significant economic commodity due to its applications in manufacturing glass, chemicals, paper, detergents, and textiles. Some of the key players profiled in the study are American Natural Soda Ash Company (United States), FMC Corporation (United States), General Chemical (United States), Magadi Soda Company (Kenya), OCI Chemical Corp (South Korea), Searles Valley Minerals Inc (India), Solvay Chemicals Inc. (Belgium) and Tata Chemicals (India).
On the basis of geography, the market of Trona has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Industrial Use, the sub-segment i.e. Chemicals will boost the Trona market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Functional Use, the sub-segment i.e. Bath Salts will boost the Trona market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Emerging Market Owing to Increasing Demands From the Glass Manufacturers
- Wide Industrial Applications
- Technological Innovation Aimed at Improving Manufacturing Process
- Air Quality Concerns and Environmental Issues
- Stringent Government Rules and Regulation
- Potential Growth of Trona in Emerging Countries
- Prolonged Contact With the Trona May Cause Skin and Eye Irritation
The market competition in this market is based on various factors such as favourable logistics, consistent customer service, and prices. Manufacturers in trona market have been focusing towards developing mining and processing techniques for cost-effective production and recovery of the minerals. There are prominent companies involved in mining, processing, and distribution of trona and its derivatives include Genesis Energy L.P., FMC Corp., Tata Chemicals Ltd., Ciner Resources LP, Solvay SA, Tata Chemicals Magadi, Searles Valley Minerals, Inc. and TRInternational, Inc. Most of these companies are members of ANSAC.
Target Audience:Trona Manufacturer, Trona Supplier and Wholesaler, Association &Government Bodies, Research Labrotaries, Research Companies and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global Trona market on the basis of product [Natural and Synthetic] , application [Soda Ash, Animal Feed and Air Pollution Control], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Trona market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Trona industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Trona market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.