An Incisive, In-depth Analysis on the Soda Ash Market
This study offers a comprehensive, 360 degree analysis on the Soda Ash market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Soda Ash market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Soda Ash Sales Exhibit Significant Uptick; Market to Grow Steadily Through 2029
Global sales of soda ash will surpass a whopping US$ 17.5 Bn by 2029. Glass & ceramics industry continues to underpin the growth of soda ash market. Further, soda ash is witnessing a demand upswing in soaps & detergents industry which is bolstering the growth of its market.
Manufacturers in variegated industries use soda ash as a chief ingredient. For instance, soda ash is used as a fluxing agent in metallurgy. Moreover, soda ash market is receiving tailwinds from construction & building materials industry. Hence, leading players are capitalizing on stupendous demand for soda ash to serve various industries.
Asia Pacific Market Soars on Back of Increased Soda Ash Uptake, Europe Closing in
Asia Pacific accounts for more than 50% share in soda ash market. Developing nations are witnessing a demand upsurge for soda ash across diverse industries such as chemicals, soaps and detergents. China and India collectively hold a leading market share in Asia Pacific soda ash market.
This growth is attributed to greater per capita consumption and concentration of leading manufacturers in the region. Furthermore, high net worth income of consumers in emerging economies is contributing to market growth. In developed regions, Europe will generate substantial demand for soda ash through the forecast period.
Sustainability to Remain Key Agenda for Reaping Growth-oriented and Operational Benefits
Soda Ash is favoured by leading manufacturers on account of its ability to reduce atmospheric acid content, after being emitted from power plants. Acid rain alters the alkalinity of lakes. Soda ash in turn helps refine alkalinity. Hence, leading players are undertaking sustainable initiatives to establish long-term value.
For instance, Tata Chemicals Limited has pledged to scale up their sustainable initiatives by utilizing highly-efficient turbines, thereby reducing carbon footprint. Additionally, the energy-conservation policies of governments worldwide is prompting manufacturers to opt for soda ash as an eco-friendly alternative. Hence, enhanced government emphasis on reduced carbon emissions and industrial waste is compelling manufacturers to adopt soda ash on a wider scale.
Sustainability will have a major impact amidst rising prices in a turbulent soda ash market. It will be a key differentiating factor over the forecast period. One segment which will be predominantly influenced by rising sustainable activities is the container glass segment. Glass is infinitely recyclable, which is a major factor driving adoption.
Technological Innovations to Remain Key Market Tenet for Sustained Growth
Global soda ash market is a highly consolidated landscape with prominent players capturing over 70% market share. Leading players profiled in this report include, but are not limited to, Tata Chemicals Ltd., DCW Ltd., Genesis Energy, LP, Nirma Ltd., Ciner Group, Novacap Group, and CIECH SA.
Key players are capitalizing on advanced extraction processes such as pillar and room mining techniques. The innovative extraction techniques allow manufacturers to boost their production capacity. The conventional soda ash extraction techniques account for 30% yield. However, the new methods have boosted overall yield to 45%.
Furthermore, strategic collaborations remain vital for key stakeholders to reinforce their market leadership. For instance, Tronox Limited was acquired by Genesis Energy Ltd. (2017) making the latter a leading producer of natural soda ash.
Soda Ash Market Analysis 2019 - 2029
A recent market study published by Future Market Insights on the soda ash market includes global industry analysis for 2014 - 2018 and opportunity assessment for 2019 - 2029, and delivers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on historic as well as current growth parameters, growth prospects of the soda ash market are obtained with maximum precision.
Soda Ash Market: Segmentation
The global soda ash market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.
By End-use Industry
Chapter 01 – Executive Summary
The report begins with an executive summary of the soda ash market, which includes key findings and statistical analysis of the market.
Chapter 02 – Soda Ash Market Overview
Readers can find the definition and detailed taxonomy of the soda ash market in this chapter, which will help them understand the basic information about the market.
Chapter 03 - Global Soda Ash Market Demand Analysis 2014-2018 and Forecast, 2019-2029
This section explains the global market value analysis and forecast for the soda ash market during the forecast period of 2019-2029. This chapter includes a detailed analysis of the historical soda ash market, along with opportunity analysis of the future. Readers can also find the absolute $ opportunity for the current year (2019), and an incremental $ opportunity for the forecast period (2019–2029).
Chapter 04- Global Soda Ash Market - Pricing Analysis
This section covers pricing analysis of the soda ash market at the regional level.
Chapter 05 – Soda Ash Market Background
This section explains the global market value analysis and forecast for the soda ash market during the forecast period of 2019-2029 and the key macroeconomic factors that are expected to influence growth of the soda ash market during the forecast period. This section also highlights the opportunity analysis for the soda ash market. This chapter also provides key market dynamics, which include drivers and restraints. Moreover, readers will understand key trends followed by leading manufacturers in the soda ash market.
Chapter 06 – Global Soda Ash Market Analysis 2014-2018 and Opportunity Assessment 2019-2029 by Region
This chapter explains how the soda ash market is anticipated to grow across various geographic regions such as North America, Latin America, Europe, Asia Pacific, Middle East and Africa (MEA).
Chapter 07 – Global Soda Ash Market Analysis 2014-2018 and Opportunity Assessment 2019-2029 by Density
Based on Density, the soda ash market has been segmented into light and dense. In this chapter, readers can find information about key trends and developments in the soda ash market and market attractiveness analysis, based on density.
Chapter 08 – Global Soda Ash Market Analysis 2014-2018 and Opportunity Assessment 2019-2029 by End-use Industry
This chapter provides details about the soda ash market based on end-use industry, and has been classified into glass & ceramics, soaps & detergents, paper & pulp, metallurgy, chemicals and water treatment. Through this chapter, readers can understand market attractiveness analysis based on end-use industry.
Chapter 09 – North America Soda Ash Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
This chapter includes detailed analysis of the growth of the North America soda ash market, along with country-wise assessment that includes the U.S. and Canada. Readers can also find pricing analysis, regional trends, and market growth based on density, end-use industry, and countries in North America.
Chapter 10 – Latin America Soda Ash Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
This chapter provides the growth scenario of the soda ash market in countries in Latin American such as Brazil, Mexico, and the rest of Latin America. Along with this, assessment of the market across target segments has also been provided.
Chapter 11 – Europe Soda Ash Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
Important growth prospects of the soda ash market in several countries such as Germany, the U.K., France, Spain, Italy, Russia, Poland, BENELUX, and the rest of Europe are included in this chapter.
Chapter 12 – MEA Soda Ash Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
This chapter provides information about how the soda ash market is anticipated to grow in major countries in the MEA region such as GCC countries, South Africa, Turkey, Northern Africa, and the rest of MEA during the forecast period.
Chapter 13 – Asia Pacific Soda Ash Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
Leading countries in the Asia Pacific region are prime subjects of assessment to obtain growth prospects of the Asia Pacific soda ash market in this chapter. Readers can find detailed information about growth parameters of the Asia Pacific soda ash market during the forecast period.
Chapter 14 – Emerging Countries Soda Ash Market Analysis 2014-2018 and Forecast 2019-2029
This chapter explains how the soda ash market is anticipated to grow across various emerging countries such as China, and India.
Chapter 15 – Market Structure Analysis
In this chapter, readers can find detailed information about tier analysis and market concentration of key players in the soda ash market, along with their market presence analysis by region and product portfolio.
Chapter 16 - Competition Analysis
In this chapter, readers can find detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in this report are Solway S.A., Tata Chemicals Limited, Nirma Limited, Genesis Energy, LP, Ciner Group, DCW Ltd., CIECH S.A., and Novacap Group.
Chapter 17 – Assumptions and Acronyms
This chapter includes a list of acronyms and assumptions that provides a base to the information and statistics included in the soda ash market report.
Chapter 18 – Research Methodology
This chapter helps readers understand the research methodology followed to obtain various conclusions as well as important qualitative and quantitative information about the soda ash market. The report focuses on soda ash consumed in the Chemicals & Materials Industry.