Sodium Carbonate Market Size 2019: Key Companies, Growth Trends, Applications, Global Demand, 2025 Industry Forecasts
Sodium carbonate is used as an additive in detergents owing to its water softening property, preventing detergent to bond with strong salts thereby accelerating the sodium carbonate market growth.
Selbyville, United States – July 30, 2019 /MarketersMedia/ —
Global Market Insights Inc. announces an ongoing comprehensive report on the “Sodium Carbonate Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, Japan, China, India, Australia, South Korea, Brazil, Argentina, South Africa, Saudi Arabia, UAE), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025”. This report provides an exhaustive account of the industry including:
• Sodium carbonate market size, historical from 2014 to 2018 and annual forecast from 2019 to 2025
• Major sodium carbonate industry trends, technology evolution, economic indicators, and business challenges
• Regulatory and geopolitical trends impacting the industry
• Business drivers and pitfalls impacting key regional markets
• Competitive landscape of the industry and detailed profiles of the major companies
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Sodium carbonate also known as soda ash and washing soda is an inorganic white colored salt soluble in water. It is found naturally or produced by Solvay process through natural salt (sodium chloride) accompanied with ammonia and limestone. It is used as an inexpensive, weaker and safer substitute of sodium hydroxide owing to its mild alkali nature.
Glass manufacturing application segment will show momentous growth over 2019-2025. Increasing construction activities and development in the food and beverage sector will drive demand for sodium carbonate in the glass manufacturing application. Moreover, rising demand for better infrastructure in commercial and residential settings will spur the demand for sodium carbonate used in the manufacturing of advanced window glasses.
Rising demand for water-treatment chemicals due to the burgeoning demand for pure water is also slated to drive sodium carbonate market share in the foreseeable years. Soda ash is usually used to surge the pH level in acidic water since it does not add hardness as compared to calcite and magnesia. Increasing water demand across the world coupled with a growing focus toward recycling and reuse of water is projected to strengthen sodium carbonate market over the forecast years.
Rising demand of detergents and soaps owing to increasing population and its increasing demand from various industries including textile, hotel, restaurant and others may the product demand. Global demand for detergent and washing powder was accounted at over USD 140 billion in year 2018. Sodium carbonate is used as an additive in detergents owing to its water softening property, preventing detergent to bond with strong salts thereby accelerating the sodium carbonate market growth.
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The presence of major industrial economies such as India, China, Japan, Taiwan, and South Korea makes the Asia Pacific one of the largest consumers and producers of sodium carbonate for applications in glass manufacturing, paper and pulp, and soap and detergents industries. Growing disposable income and surging purchasing power, especially in China and India, has led to the increasing demand for products like detergents, soaps, and glass, in which sodium carbonate is a key component, further boosting the Asia Pacific sodium carbonate market.
Other regional markets such as Brazil, Argentina, and South Africa are significant revenue pockets for sodium carbonate market, mainly for the glass manufacturing applications.
The competitive terrain of sodium carbonate market hosts a large number of industry majors. Some of these are along the likes of Ciner Resources Corporation, Merck, Genesis Alkali, CIECH, Solvay chemicals, Tata chemicals, GHCL, Nirma, and Nilkanth organics. Most of the companies seem to be involved in the adoption of several tried-and-tested growth strategies in order to provide a competitive edge to their rivals and emerge dominant in sodium carbonate market.
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