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Global Sodium Carbonate Market
Global sodium carbonate market was value US$ 17.3 Bn in 2017, and is expected to reach US$ 21.7 Bn by 2026, at a CAGR of 2.5 % during forecast period.
Sodium carbonate (washing soda, soda ash and soda crystals) is the inorganic compound with the formula Na2CO3 and its various hydrates. Major source of soda ash is trona ore. Sodium carbonate occurs naturally in arid regions. It is found in the form of deposits on locations where lakes evaporate. Sodium carbonate is one of the most basic industrial chemicals. It is found in large natural deposits and is mined in Wyoming. It can also be manufactured commercially from sodium chloride (common salt) and limestone through ‘Solvay Process’.
Sodium carbonate has low toxicity, however prolonged exposure to skin and eyes or inhalation of dust may cause irritation. Ingestion of sodium carbonate may cause vomiting, diarrhea, stomach ache, and nausea. Sodium carbonate releases carbon oxides when reacted with acids or burned.
Sodium carbonate is used by the chemical industry for manufacturing glass, detergents, sodium chemicals and carbonate chemicals. It is also employed ...
... by the paper and pulp industry for paper production. The leading application for sodium carbonate is the production of glass, accounting for about 50% of global consumption in 2017. The next-leading applications are soap and detergent production. Sodium carbonate is incorporated in powdered soaps, detergents, and various specialty cleaning products for household, industrial, and commercial applications. It is added in order to emulsify oil stains, reduce redeposition of dirt in wash cycles, provide alkalinity for cleaning, and soften laundry water. Pulp and paper and all other accounted for the remainder. These applications are forecast to grow at a high CAGR in next eight years.
Geographically Asia-Pacific dominated sodium carbonate market in terms of production and consumption driven by higher demand into waste water treatment, paper and pulp and chemical industry in the region. Asia-Pacific was followed by North America and Europe as second and third largest market for sodium carbonate market. China was the largest consumer for sodium carbonate in Asia pacific region. In the rest of the world, Brazil, Argentina, Venezuela and South Africa contribute to the greater market demand, particularly in the glass manufacturing sector. The developed regions of North America and Europe have ability to expand capacity, overcapacity, high land and labor costs and strict regulations.
Key players operating in the global sodium carbonate market are Tata Chemicals, Solvay, FMC Corporation, Nirma Limited, OCI Chemical Corporation, Ciech, Soda Sanayii, GHCL, DCW, Oriental Chemical Industries, Novacarb, and Haohua Honghe Chemical.
The report covers total market for sodium carbonate has been analyzed based on the Porter's five forces model. The impact of the different market factors, such as drivers, restraints, and opportunities, challenges key issues SWOT analysis, and technology forecasting is also illustrated in the report. This gives an idea about the key drivers, such as high growth and demand in emerging economies countries.
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Scope of Sodium Carbonate Market:
Global Sodium Carbonate Market, By Application
• Glass
• Detergents
• Sodium Chemicals
• Pulp & Paper
• Carbonate Chemicals
• Others(Water treatment & Cooking)
Global Sodium Carbonate Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key Players Operating In Sodium Carbonate Market:
• Tata Chemicals
• Solvay
• FMC Corporation
• Nirma Limited
• OCI Chemical Corporation
• Ciech
• Soda Sanayii
• GHCL
• DCW
• Oriental Chemical Industries
• Novacarb
• Haohua Honghe Chemical
This Report Is Submitted By : Maximize Market Research Company
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