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The global trona market grew at a CAGR of around 3% during 2015-2020. Looking forward, IMARC Group expects the market to exhibit stable growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
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.
IMARC Group provides an analysis of the key trends in each sub-segment of the global trona market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on type and end use.
Breakup by Type:
Breakup by End Use:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being American Natural Soda Ash Corporation, Ciner Resources LP (Ciner Enterprises Inc.), Eti Soda Elektrik, 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||2020|
|Segment Coverage||Type, End Use, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||American Natural Soda Ash Corporation, Ciner Resources LP (Ciner Enterprises Inc.), Eti Soda Elektrik, 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)|
|Customization Scope||10% Free Customization|
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|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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