The latest report by IMARC Group, titled “Trona Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” finds that the global trona market is anticipated to exhibit a CAGR of 2.48% during the forecast period (2022-2027). Trona is a non-marine, evaporite mineral that consists of sodium bicarbonate and hydrated carbonate. It appears gray-white or yellowish-white and is usually found as a saline lake deposit or evaporation product and as an efflorescence on arid soil. It is heated at high temperatures for conversion into sodium bicarbonate or soda ash, mainly used in the commercial manufacturing of glass, baking soda, soaps and detergents, paper, textiles, water purifiers, and flue gas desulfurization (FGD) equipment. It is widely utilized in cement production, coal-fired electric power generation, waste incineration, and refining precious metals. As a result, trona finds extensive applications across the paper and pulp, chemical, textile, and water treatment industries across the globe.
Global Trona Market Trends:
The escalating demand for soda ash from numerous end use sectors represents one of the key factors driving the market growth. Moreover, the increasing installation of FGD systems in multiple utility and industrial boilers and several industrial processes is contributing to the market growth. Additionally, governments of various countries are implementing supportive policies to lower air pollution levels. This, in turn, has accelerated the product adoption rate as trona assists in removing sulfur oxides, hydrofluoric acid, and hydrochloric acid from fuel gas emissions generated by the industrial units. In line with this, the rising usage of dry sorbent injection systems in fossil fuel power plants to reduce carbon emissions into the atmosphere has propelled market growth. Besides this, the widespread product adoption in animal feed as dietary buffers to minimize the risks of metabolic disorders and enhance the quality and quantity of milk produced by livestock has augmented the demand for trona. Furthermore, the surging product demand from flat and container glassmaking for automotive, building and construction, architectural, and pharmaceutical industries has catalyzed the market growth. Other factors, including significant expansion in the chemical sector, stringent pollution control requirements for power plants, increasing product use in manufacturing solar panels, and rapid industrialization, are also creating a favorable market outlook.
- Based on the type, the market has been bifurcated into natural and synthetic.
- On the basis of the end use, the market has been categorized into glass, power, chemicals, detergent, paper and pulp, animal feed, and others.
- Region-wise, the market has been divided into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
- The competitive landscape of the market has also been examined, with some of the key players being American Natural Soda Ash Corporation, Sisecam Resources LP (Sisecam Chemicals USA Inc.), ETI SODA A.S. (Ciner Group), FMC Corporation, Genesis Energy L.P., Searles Valley Minerals Inc (Nirma Limited), Solvay Chemicals Inc. (Solvay S.A.), and Tata Chemicals North America Inc. (TATA Chemicals Limited).
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