A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Soda
Ash
Market. The
study, titled “Soda
Ash Market - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast 2016 - 2023”,
is available for sale on the firm’s website.
Soda
ash is an essential raw material used in the manufacture of glass,
chemicals, detergents, and various industrial products. It is an
anhydrous white powder or granular material that is available in
three grades: light, medium, and dense. These grades offer similar
chemical properties, but differ in physical characteristics such as
bulk density and particle size and shape (which affect the flow
characteristics and angle of repose). Soda ash is synthetically
produced from salt and limestone through the Solvay process. It is
also extracted from ashes of many plants growing in sodium-rich soils
in the Middle East, Spain, and Scotland.
View
Report Preview:
Soda
ash is extensively used in the manufacture of glass. As per the U.S.
Geological Survey, around 30% of soda ash shipments in the U.S. are
utilized for glass production. Additionally, the chemical processing
industry accounts for significant demand for soda ash. Soda ash is
used in the manufacture of sodium silicate, chrome chemicals,
photographic chemicals, sodium bicarbonate, etc. Furthermore, soda
ash acts as an organic builder in soaps & detergents
formulations. Other applications of soda ash include water treatment,
wherein it controls pH levels, thus softening water. Furthermore,
soda ash is widely used in papermaking. Glass is expected to be the
largest application sector in the soda ash market during the forecast
period with the flat glass sub-segment dominating the glass sector.
Growth
in the household detergents market in Europe is likely to drive the
soda ash market in the near future. Additionally, increasing demand
for soda ash in the construction & building materials industry
coupled with rising number of water treatment projects is anticipated
to fuel the demand for soda ash during the forecast period. However,
competition from substitute products such as caustic soda and sodium
silicate may act as a restraining factor in the expansion of the
sodium silicate market. Rising necessity of Enhanced Oil Recovery
(EOR) in regions such as Europe due to energy conservation policies,
high fuel prices, and technological development may open avenues for
the growth of the soda ash market in the near future.
Value
chain of the soda ash market encompasses raw materials used in the
production of soda ash, manufacturers of soda ash, distribution
channels, applications, and end-user industries that directly or
indirectly consume soda ash.
Asia
Pacific was the largest market for soda ash in 2014 owing to the
presence of a significant number of manufacturers in the region,
particularly in China. The U.S. ranks second in the production of
soda ash. However, China largely produces soda ash through the Solvay
process, which is energy intensive, whereas soda ash manufactured in
the U.S. is in its natural form. Consequently, soda ash produced in
the U.S. can be exported globally with competitive pricing.
Furthermore, Asia Pacific is projected to witness the fastest growth
over the next few years due to increasing usage of soda ash in the
existing large-scale textile and pulp & paper industries,
particularly in China and India. Europe follows Asia Pacific. Soda
ash is increasingly used in water treatment and other miscellaneous
applications such as flue gas desulfurization in the region.
Request
to view Sample Report:
Companies
such as General Chemical Industrial Products Inc Solvay Chemicals,
OCI Chemical, Tata Chemicals Limited, Nirma Limited, GHCL Limited,
FMC Corporation, Ciech SA, Soda Sanayii A.?., DCW Limited, and
Oriental Chemical Industries are major players in the soda ash
market.
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends. Geographies
analyzed under this research report include
No comments:
Post a Comment