Soda Ash Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Soda Ash Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A324
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Market Overview:

The global soda ash market size reached US$ 18.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 25.6 Billion by 2028, exhibiting a growth rate (CAGR) of 5.4% during 2023-2028.

Soda ash (Na2CO3), also known as sodium carbonate or washing soda, is a white, odorless and non-toxic organic salt of sodium. It is generally found in natural deposits and can also be acquired from the ashes of plants growing in sodium-rich soils. Soda ash belongs to the Chlor-alkali family and is widely used in numerous industries owing to its disinfectant properties. It acts as a vital component in bleach, stain removers, sanitizing sprays, laundry detergents, all-purpose cleaners and automatic dishwashing detergents. It is also utilized as a fungicide, microbicide, herbicide and as a pH adjuster in personal care products.

 

 
 

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One of the primary factors that are impelling the growth of the market is the burgeoning glass industry across the world. The demand for glass products has experienced a significant rise in recent years on account of the boosting sales of automobiles and increasing construction activities. Besides glass manufacturing, soda ash is also utilized in the production of several chemicals such as sodium silicate, sodium chromate and dichromate, and sodium bicarbonate and percarbonate. It is also used for making dyes, coloring agents, and adhesives and sealants. Moreover, as soda ash aids in maintaining the pH level of water, it is employed in the manufacturing of soaps, detergents and shampoos. The rising demand for these products, due to growing awareness among consumers about personal hygiene, is providing a positive thrust to the sales of soda ash. Additionally, the increasing number of wastewater treatment projects supported by stringent government regulations in various countries is further influencing the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global soda ash market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on application.

Breakup by Application:

 

 
 

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  • Glass
  • Soaps and detergents
  • Chemicals
  • Metallurgy
  • Pulp and paper
  • Others
     

Soda ash is widely used in the manufacturing of glass as it helps in regulating the temperature of the furnace to attain stability. The increasing adoption of glass packaging solutions in the food and beverage, pharmaceutical and personal care industries is strengthening the market growth in this segment.

Regional Insights:

  • China
  • Asia Pacific (Excluding China)
  • Europe
  • North America
  • Latin America
  • Middle East and Africa
     

On the geographical front, China represents the largest market for soda ash across the world. This can be attributed to the presence of several players in the country and the increasing use of soda ash in large-scale textile and pulp and paper industries.

Competitive Landscape:

The competitive landscape of the market has been analyzed in the report with the detailed profiles of the major players. Some of the leading players operating in the market are:

  • Solvay S.A.
  • Tata Chemicals Limited
  • Shandong Haihua Group Co. Ltd.
  • Tronox Limited
  • Nirma Limited
     

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion, Million Tons
Segment Coverage Application, Region
Region Covered China, Asia Pacific (Excluding China), Europe, North America, Latin America, Middle East and Africa
Companies Covered Solvay S.A., Tata Chemicals Limited, Shandong Haihua Group Co. Ltd., Tronox Limited and Nirma Limited
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Soda Ash Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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