The Soda Ash Market Is Projected to Reach $20.43 Billion by 2025

According to IndustryARC’s report titled “Soda Ash Market: By Process (Solvay, Leblanc); By Type ( Light Sodium Carbonate, Granular Soda ash, Refined Sodium Hydrogen Carbon) By Grade (Light, Medium, Dense); By Application (Chemical, Glass, Others); By End User (Glass Industry, Consumer Goods, Food and Beverages, Paper and Pulp, Others) & Geographic Analysis — Forecast (2019–2025),” the Soda Ash market is forecast to reach $20.43 billion by 2025.

Browse 88 Market Tables and 34 Figures spread through 189 Pages, as well as an in-depth TOC on “Soda Ash Market”

According to a recent study by IndustryARC, the soda ash market is forecast to reach $20.43 billion by 2025, growing at a CAGR of 3.09% during the period 2019–2025. Most of the soda ash produced is used in the glass industry as a raw material by reducing the furnace temperature necessary to melt the silica used. 

Soda ash finds its applications in various fields which include glass (for construction, automobiles, and packaging), food and beverage, consumer goods (detergent and soaps), and many more. Soda ash is used to make soda-lime-silica glass (the most common type of glass), which is generally used in the manufacture of flat glass (automotive and construction applications) and glass containers (food and beverage applications). The market for soda ash is all set to exhibit robust growth in the food and beverage industry, where better prospects for volume growth exist due to the rising demand for glass packaging.

 

APAC is the largest consuming region for soda ash, with China as the major producer and consumer. The APAC soda ash market generated $8.25 billion in revenue in 2018. The growing construction sector along with the increasing automobile sales in the emerging nations of APAC has further boosted the market for soda ash. The glass industry is estimated to account for more than 49% of the worldwide demand for soda ash by 2025. Dense soda ash is an important industrial chemical and is widely used in the manufacture of different products, whereas light soda ash is used as a pH regulator and buffering agent in multiple industrial processes in the Chemical Industry.

The flat glass industry produces glass primarily for the automotive (laminated and tempered glass), and construction (windows and doors) markets. The rest of the soda ash produced is used in applications such as mirrors, solar panels, and optical glass. The flat glass industry still drives the global demand, while some traditional and new demand sectors are supported by growing environmental concerns. The oil industry also utilizes soda ash to its fullest. Drilling fluids or drilling muds, which are used for a well circulation, are crucial elements for oil and gas recovery. Also, soda ash is effectively used in the manufacture of detergents.

The addition of soda ash prevents hard water from bonding with detergent, thus allowing a more even distribution of the cleaning agent during washing. Moreover, the infusion of soda ash in detergents helps in the removal of grease, alcohol, and other common day-to-day stains from clothing.

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Soda Ash manufacturers focus on mergers and acquisitions as well as product launches to augment entry into related markets and enhance their core competencies and product portfolio as well as gain a foothold in the emerging markets.

The overall market is also presented from the perspective of different geographic regions and the key countries for this industry.  Competitive landscape for each of the product types is highlighted and market players are profiled.

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