The global soda ash market is gaining traction due to its increased usage in chemicals, soaps, detergents, pulps and other applications. Soda Ash is sodium carbonate (Na2CO3), which is a white, alkaline, anhydrous, and granular material. It is obtained through refining of mineral trona or naturally occurring sodium carbonate-bearing brines, the mineral nahcolite, or manufactured through chemical processes. The primary application of soda ash is glass manufacturing. Soda ash is used for manufacturing of containers, fiberglass insulation, and flat glass for residential and commercial building. Other applications of soda ash include cleaning air, softening water, and removing sulphur dioxide and hydrochloric acid from stack gases. Soda ash is also used to sweeten soft drinks, enhance toiletries, and relieve physical stress. It also finds applications in manufacturing of soap and detergents, glass, and paper.
The major driving factors of the market include its varied applications in manufacturing, and chemical industries among others. The increasing demand of natural and synthetic products from a wide range of industries increases the adoption of soda ash. The increasing demand for soda ash from soap and detergent sectors supports the market growth. The rising need to soften water and increase its usability owing to water shortage across the world has resulted in increased demand for soda ash. Other factors driving the growth of this market include significant growth in the global chemical industry, and improved production facilities. Expansion of established companies into emerging economies, increasing applications, and technological advancements would provide numerous growth opportunities in the market.
However, environmental impacts, and energy intensive operations hamper the global soda ash market.
The global Soda Ash market is segmented on the basis of application, and geography.
Geographically, the global Soda Ash market is categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
On the basis of geography, North America is expected to dominate the global Soda Ash market over forecast period. The large amounts of trona deposits drive the growth of this market in North America. Increasing Use of soda ash for treatment of water also supports market growth in the region. Technological advancements, and growing applications in different industries further increase the adoption of Soda Ash market in the region. Asia-Pacific is expected to grow at the highest growth during the forecast period owing to the growing manufacturing sector, and economic growth in countries such as China, Japan, and India among others.