The global trona market is expected to exhibit a growth rate (CAGR) of 2.4% during 2023-2028.
Trona refers to a non-marine mineral that is found as an evaporite in salt deposits. It consists of sodium bicarbonate and hydrated carbonate and is widely used for the commercial production of soda ash. It is also used for waste incineration, cement production, refining of precious metals and coal-fired electric power generation. Trona is also added in animal feed as dietary buffers for minimizing the risks of metabolic disorders and improving the quality and quantity of milk produced by the livestock. Apart from these, trona finds extensive applications across other industries such as paper & pulp, chemical, textile and water treatment.
Rapid industrialization across the globe is one of the key factors creating a positive outlook for the market. Furthermore, the widespread adoption of trona in the manufacturing of soda ash is also driving the market growth. Trona is usually heated at high temperatures to be converted into sodium bicarbonate or soda ash. It is further used in the manufacturing of various detergents, textiles and glasses. In line with this, the implementation of favorable government policies to minimize the levels of air pollution across both developed and emerging economies is also contributing to the market growth. Trona aids in removing sulfur oxides, hydrochloric acid and hydrofluoric acid from fuel gas emissions emitted by the industrial units. It also enables the power plants to minimize carbon emissions into the atmosphere through dry sorbent injection systems. Moreover, the increasing utilization of trona in the production of solar panel and automobile flat glasses, are some of the other factors anticipated to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global trona market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type and end use.
Breakup by Type:
Breakup by End Use:
- Paper and Pulp
- Animal Feed
Breakup by Region:
- North America
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles 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).
|Base Year of the Analysis
|Type, End Use, Region
|Asia Pacific, Europe, North America, Latin America, Middle East and Africa
|United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
|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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Key Questions Answered in This Report:
- How has the global trona market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global trona market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the end use?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global trona market and who are the key players?
- What is the degree of competition in the industry?