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Global Soda Ash Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Type, End-User Industries, Foreign Trade, Sales Channel, Regional Demand, Company Share, 2015-2035

  • Report

  • October 2023
  • Region: Global
  • ChemAnalyst
  • ID: 5743473

Quick Summary:

In a world where the demand for sustainable alternatives is constantly on the rise, the global Soda Ash market continues to establish its importance across various industries. Notably, Soda Ash or Sodium Carbonate, an alkali metal salt, plays a crucial role in sectors ranging from glass manufacturing to chemical reactions, petroleum, and enamel coating. It stands out as a key player due to its unique properties such as easy solubility, making it an essential ingredient in the production of synthetic fertilizers, detergents, and dyes and colorants.

The global Soda Ash market is expected to grow substantially in the near future. The primary driver of this growth is its consistent demand in the manufacture of glass, with the Flat Glass and Container Glass industries consuming more than half of the global Soda Ash output. Its role in replacing phosphates in detergents and cleaners also significantly contributes to its increasing demand, notably in the flourishing markets of the Asia Pacific region. With North America leading in Soda Ash production, industry players and potential investors would greatly benefit from thorough knowledge about this dynamic market. This market research report provides a comprehensive analysis and forecast of the global Soda Ash market, which can lead to informed decisions and successful strategies.

The Global Soda Ash Market Has Reached Around 58 Million Tonnes in 2021 and is Expected to Grow at a CAGR of 4.42% During the Forecast Period Until 2035

The global Soda Ash market has reached around 58 million tonnes in 2021 and is expected to grow at a CAGR of 4.42% during the forecast period until 2035. WE Soda, one of the giants of Soda Ash recently announced about construction of a new plant situated in Green River, Wyoming. This new soda ash plant is worth USD 4 billion and have a production capacity of approximately 6 milliion tonnes per ammum by the year 2035.

Soda Ash is the common name of Sodium Carbonate (Na2CO3O). This alkali metal salt can either be refined from mineral trona and mineral nahcolite or it can be synthetically produced by conducting a chemical reaction. Soda ash is primarily used by the glass industry where it is employed for making fibreglass insulating material, flat glass, and containers for building homes, offices, and vehicles. Soda ash is easy to dissolve material and is employed in a variety of chemical reactions. It is primarily utilised as an ingredient in the production of synthetic fertilizers, detergents, and dyes and colorants. It is a vital chemical in the petroleum and enamel coating sectors.

The primary driver of Soda Ash global market is the manufacture of glass. In 2021, Flat Glass and Container Glass industries collectively consumed approximately 52% of the global Soda Ash. The unique properties of soda ash like good solubility makes it a suitable ingredient for the manufacture of detergents. Soda Ash can replace phosphates in detergents and cleaners which is further contributing towards its demand in the global market. Soda Ash is anticipated to accelerate in the forecast period and reach around 100 million tonnes by 2035.

The dominating region that demands the most significant volume is Asia Pacific Region, with a market share of more than 40% of global Soda Ash market in 2021. Application of Soda Ash in detergents and glass industries is rising, especially in developing countries of APAC region, including India and other countries. These factors are anticipated to increase the demand of Soda Ash in the forecast period. Based on production, North America is leading amongst other continents. In 2021, North America produced about 27% of the Soda Ash on a global level.

Based on type, the global Soda Ash market is segregated into Dense Soda Ash and Light Soda Ash. Both the types have similar demand in the market, although the Dense Soda Ash is a little bit ahead. The Dense Soda Ash was holding a market share of more than 50% in 2021. Dense soda ash is utilized for manufacturing glass, soaps, detergents, effluent, drugs, manufacture of paper, metallurgical processes.

Based on the end-user industry, the Soda Ash market is segmented into sectors like Flat Glass, Container Glass, Soap & Detergent, Metal Processing, and Others. Flat Glass is holding a share of approximately 30% of the market in 2021. Another impressive application of Soda Ash is Soap & Detergent sector that widely utilizes Soda Ash as a filler. In the Metal Processing industry, Soda Ash is employed in the extraction and smelting of alumina products.

Significant companies for Global Soda Ash are Genesis Alkali, Tata Chemicals Limited, CEICH S.A., Ciner Resources Corporation, Tronox Inc, Sisecam, Solvay S.A, Shandong Haitian Biochemical co.ltd, and Searless Valley Minerals.

Years considered for this report:

  • Historical Period: 2015- 2021
  • Base Year: 2021
  • Estimated Year: 2022
  • Forecast Period: 2023-2035

The objective of the Study:

  • To assess the demand-supply scenario of Soda Ash, which covers the production, demand, and supply of Soda Ash around the globe.
  • To analyze and forecast the market size of Soda Ash.
  • To classify and forecast the Global Soda Ash market based on end-use and regional distribution.
  • To examine global competitive developments such as new capacity expansions, mergers & acquisitions, etc., of the Soda Ash market.
To extract data for the Global Soda Ash market, primary research surveys were conducted with Soda Ash manufacturers, suppliers, distributors, wholesalers, and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, the publisher was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, the report analyzes various segments and projected a positive outlook for the Global Soda Ash market over the coming years.

The publisher calculated Soda Ash demand around the globe by analyzing the historical data and demand forecast, which was carried out considering the production of raw material to produce Soda Ash. The publisher sourced these values from industry experts and company representatives and externally validated them by analyzing the historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources, such as company websites, association reports, annual reports, etc., were also studied by the publisher.

Key Target Audience:

  • Soda Ash manufacturers and other stakeholders
  • Organizations, forums and alliances related to Soda Ash distribution
  • Government bodies such as regulating authorities and policy makers
  • Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Soda Ash manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, Global Soda Ash market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
  • Market by Type: Dense Soda Ash and Light Soda Ash
  • Market, by End-use: Flat Glass, Container Glass, Soap & Detergent, Metal Processing, and Others.
  • Market, by Sales Channel: Direct Sale and Indirect Sale
  • Market, by Region: North America, Europe, Asia Pacific, Middle East and Africa, and South America.

Available Customizations:

With the given market data, the publisher offers customizations according to a company’s specific needs.

Table of Contents

1. Capacity By Company
  • On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Soda Ash.
2. Capacity By Location
  • To better understand the regional supply of Soda Ash by analyzing its manufacturers' location-based capacity.
3. Production By Company
  • Study the historical annual production of Soda Ash by the leading players and forecast how it will grow in the coming years.
4. Demand by Type
  • Learn about the various types of Soda Asha- Dense Soda Ash and Light Soda Ash, and their demands. It will allow you to choose which type to concentrate on when designing your strategy.
5. Demand by End- Use
  • Discover which end-user industry (Flat Glass, Container Glass, Soap & Detergent, Metal Processing, and Others) are creating a market and the forecast for the growth of the Soda Ash market.
6. Demand by Region
  • Analyzing the change in demand of Soda Ash in different regions, i.e., North America, Europe, Asia Pacific, Middle East and Africa, and South America, that can direct you in mapping the regional demand.
7. Demand by Sales Channel (Direct and Indirect)
  • Multiple channels are used to sell Soda Ash. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
8. Demand-Supply Gap
  • Determine the supply-demand gap to gain information about the trade surplus or deficiency of Soda Ash.
9. Company Share
  • Figure out what proportion of the market share of Soda Ash is currently held by leading players across the globe.
10. Country-wise Export
  • Get details about quantity of Soda Ash exported by major countries.
11. Country-wise Import
  • Get details about quantity of Soda Ash imported by major countries.
12. Pricing Analysis & Forecast
  • Analyze historical prices since 2015 & Forecast on three months rolling period for next 12 months.