Soda Ash Market to Witness Huge Growth during 2019-2024

-

 IMARC Group’s recently published study, titled “Soda Ash Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, finds that the global soda ash market reached a volume of US$ 56.5 Million Tons in 2018. Soda ash, also known as sodium carbonate (Na2CO3), is an odorless, white crystalline solid that belongs to the chlor-alkali family. It is found in large natural deposits and can also be extracted from the ashes of plants growing in sodium-rich soils. Commercial soda ash is highly puri?ed and is sold in various grades that differ primarily in bulk density, and particle shape and size. In recent years, growing awareness among the consumers about health and hygiene has resulted in an increased demand for soaps and detergents, particularly in the developing regions. Apart from this, soda ash is also used in the manufacturing of paper, glass, ceramics, sodium salts, petroleum products, etc.

Request to get the sample report: https://www.imarcgroup.com/soda-ash-technical-material-market-report/requestsample

Soda ash is used as an additive in numerous home detergents and cleaning products since it is very effective in removing alcohol and grease stains from clothing. In addition, it is used as a substitute for sodium hydroxide in cooking for lyeing, especially with lye rolls and German pretzels. Further, the escalating demand for soda ash in water treatment and environmental applications for improving the alkalinity of lakes and controlling the pH of water has spurred the overall growth of the market. Another growth-inducing factor is a considerable increase in the production of glass due to rising demand from the construction and renovation, and automotive industries. However, the availability of soda ash substitutes, namely sodium silicate, caustic soda, etc. are limiting the overall growth of global soda ash market. Moreover, the stringent environmental regulations regarding the production of soda ash is also adversely affecting the market growth. Looking forward, the market volume is projected to reach US$ 67.4 Million Tons, expanding at a CAGR of 3% during 2019-2024.

Explore Full Report: https://www.imarcgroup.com/soda-ash-technical-material-market-report

Global Soda Ash Market Summary:

  • On the basis of application, the market has been segmented into glass, chemicals, soaps and detergents, metallurgy, and pulp and paper. Currently, the glass industry represents largest consumer of soda ash, accounting for majority of the market share.
  • Region-wise, China dominates the global soda ash market, holding nearly a half of the total global share. Other major regions include Asia-Pacific (excluding China), Europe, North America, Latin America, and Middle East and Africa.
  • The competitive landscape of the market has also been examined with some of the key players being Solvay, Tata Chemicals Limited, Shandong Haihua Co. Ltd., Tronox Ltd. and Nirma.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us
IMARC Group
USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal


Location: United States

Comments

Post a Comment

Popular posts from this blog

European Frozen Seafood Market is Projected to witness Strong Growth during the Forecast Period

-
Image
According to the latest report by IMARC Group, titled “ European Frozen Seafood Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024 ”, the  European frozen seafood market  reached a value of US$ 21.4 Billion in 2018, growing at a CAGR of 3.7% during 2011-2018. The European continent is intricately linked with the sea and seafood products form a quintessential part of the regional cuisine. These products serve as a rich source of proteins, micronutrients and essential fatty acids, and are low in fat. They are known to promote heart health, ease the symptoms of arthritis, maintain healthy eyesight, and preserve skin moisture, along with offering innumerable other health benefits. As these products are highly perishable, they require freezing for extending their shelf-life. The freezing process employs advanced techniques like cryofreezing to freeze the products below 200? C. This helps in sealing the flavor and nutrients in the food products fo...
Read more

Xylitol Market to Reach US$ 1,225 Million by 2025 , Industry Overview, Growth Rate and Forecast

-
As per the latest report by IMARC Group, titled “ Xylitol Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025 ”, the  global  xylitol market   size  reached US$ 875 Million in 2019. Xylitol is a sugar alcohol with a crystalline and granular structure and sweetness, which is comparable to sucrose. Also known as wood sugar, it is derived from xylose that occurs naturally in various fruits and vegetables. On a commercial scale, xylitol can be produced by chemical and biotechnological processes. With the rising health-consciousness, consumers are willing to spend more on natural sweeteners, such as xylitol, as it has around 75% fewer carbohydrates and 40% lesser calories as compared to table sugar. Request for a free sample copy of this report:  https://www.imarcgroup.com/xylitol-market/requestsample Global Xylitol Market Trends: Xylitol finds applications in numerous industries ranging from food and beverage (F&B...
Read more

$ 533.4 Billion Warehousing and Storage Market - Driving Factors, Key Players and Growth Opportunities by 2024

-
Image
According to the latest report by IMARC Group, titled “ Warehousing and Storage Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024 ”, the  global warehousing and storage market size  reached US$ 397.3 Billion in 2018. A warehouse refers to a storage space that is used for stocking finished and semi-finished goods, raw materials, and import and export products. Warehousing and storage services help manufacturers in protecting the goods from pests and insects as well as ensuring a smooth flow of production and distribution activities. At present, the demand for these services is experiencing a rise on account of factors such as the evolving e-commerce sector, the growing popularity of frozen food items and the emerging trend of outsourcing warehousing services. Request for a free sample copy of this report:   https://www.imarcgroup.com/warehousing-and-storage-market/requestsample Global Warehousing and Storage Market Trends: ...
Read more