Global Sodium Carbonate Market Overview:
Sodium carbonate, also known also as soda ash, is a white powder available as light or granular grade. Sodium carbonate is one of the largest volume of mineral products in the inorganic chemicals industry. Sodium carbonate commonly occurs as a crystalline decahydrate, which readily effloresces to form a white powder, the monohydrate. Pure sodium carbonate is a white, odorless powder that is hygroscopic and that forms a moderately basic solution in water. The two processes presently used to produce natural soda ash differ only in the recovery and primary treatment of the raw material used. As per latest study released by AMA Research, the Global Sodium Carbonate market is expected to see growth rate of 3.1%
|Unit||Value (USD Million)|
|Customization Scope||Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility|
Sodium Carbonate Market Dynamics:
- Increasing Demand for Water Treatment Applications
- Rising Chemical Industry across the Globe
- Prolonged Exposure to Skin and Eyes or Inhalation of Dust may Cause Irritation
|Road Blocks / Challenges|
- Lack of Awareness About Benefits of Sodium Carbonate
|Gaps & Opportunities|
- Rising Wastewater Treatment Plant, Paper & Pulp and Chemical Industry
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Lonza Group (Switzerland), FMC Corporation (United States), Solvay (Belgium), Church & Dwight (United States), Natural Soda (United States), NOVACARB - SEQENS MINERAL DIVISION (France), Tata Chemicals (India), DuPont (United States), Natrium Products (United States) and Tosoh Corporation (Japan). The Vendors having a strong hold in the market are Lonza Group, FMC Corporation, Solvay, and Church & Dwight. Additionally, following companies can also be profiled that are part of our coverage like Asahi (Japan) and Yuhua Chemical (China). Analyst at AMA Research see United States Vendors to retain maximum share of Global Sodium Carbonate market by 2027. Considering Market by End Use Verticals, the sub-segment i.e. Water Treatment Industry will boost the Sodium Carbonate market. Considering Market by Packaging Type, the sub-segment i.e. 0-5 kg will boost the Sodium Carbonate market.
Recently, in September 2019, Solvay has announced that the company has increased soda ash production capacity by 600 kilotonnes at its trona-based Green River site in Wyoming, the United States, to meet long-term global demand growth in various applications. In addition to this, Solvay would also expand its sodium bicarbonate capacity by 200 kilotonnes in its Devnya plant in Bulgaria, addressing worldwide demand growth for flue gas treatments which improve air quality.
What Can be Explored with the Sodium Carbonate Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Sodium Carbonate Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Sodium Carbonate
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Sodium Carbonate market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Sodium Carbonate market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Sodium Carbonate Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.