November 04, 2019
According to the latest study titled ‘Global Soda Ash Market (Volume, Value): Analysis By Product Type (Light, Dense), Process Type (Natural, Synthetic), By Application (Glass and Ceramics, Soaps and detergents, Chemical, Metallurgical), By Region, By Country (2019 Edition): Opportunities and Forecast (2014-2024)?-- By Region (North America, Europe, APAC, ROW), By Country (U.S., Canada, Germany, France, India, China, South Korea, Mexico, Brazil)’ available with Market Study Report LLC, the global soda ash market is estimated to grow with a CAGR of 3.30% through 2024.
Soda ash is a raw material used for the manufacturing of chemicals, glass, detergents, and various other industrial products. Also known as limestone, soda ash is high in demand, and is used in the preparation of soaps and detergents, owing to the rise in awareness of hygiene. Apart from hygiene products, product implementation in manufacturing of flat glass will also propel global soda ash market.
The study examines the market for revenue shares of every segment and the growth opportunities prevailing in the industry. Moreover, it provides an exhaustive understanding about the drivers influencing the market growth and challenges that industry players are likely to face.
Based on product type, the soda ash market is segmented into dense and light. While based on process type, the industry is segmented into synthetic and natural. Speaking of the application spectrum, the market is bifurcated into soaps and detergents, glass, metallurgy, chemicals, and others.
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Considering the geographical landscape, the global soda ash market is fragmented into four major regions, namely, Europe, APAC, America, and Middle East & Africa, with key focus on countries, namely United Kingdom, France, Canada, U.S, China, Germany, Japan, Brazil, Mexico, rest of America, and Italy, rest of Europe, Africa, Middle east, rest of APAC, India. As per the report, North America registered the largest regional share in the global soda ash market in 2018.
Some of the vendors that operate in soda ash market are Solvay, Tata Chemicals, Genesis Alkali, Ciner, Shandong Hai Hua, Ciech SA, NIRMA Limited, Tangshan Sanyou Chemicals, and Shandong Hai Hua.
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