The global Sodium Carbonate market worth 24 billion by 2030, growing at a CAGR of 4%
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"The Global Sodium Carbonate Market 2020-2030 (USD Billion)")
The global sodium carbonate market is majorly driven due to its increasing demand in applications such as water treatment, pulp as well as paper applications plus applications in certain chemical manufacturing. Other Major reason fueling the growth of sodium carbonate industry is rising usage of sodium carbonate in food industry as food additive. On the other hand, major restraint towards market growth is dumping the wastes obtained by process of production plus strict government regulations for efficacious management of waste. Furthermore, intensifying industrial economies of Latin America, Asia Pacific as well as Africa are estimated to bring potential opportunities for forthcoming growth of sodium carbonate market.
In terms of regional segmentation, market is led by countries of Asia Pacific region in terms of consumption as well as production of sodium carbonate. China, Japan, India, Thailand, Taiwan, Indonesia and South Korea are some of the major industrial countries with highest consumption rate. Thus, this high growth in the markets of Asia-pacific region has led towards the progression of end-use products of sodium carbonate for instance, glass and detergents. Then the Asia- Pacific market is trailed by North America, which is also chief consumer for sodium carbonate mainly in certain applications including waste water treatment applications & detergent. Moreover, demand for the sodium carbonate market is majorly contributed by Argentina, Brazil, Venezuela & South Africa, particularly in glass manufacturing industries. In addition, future prospects for capacity expansion of the sodium carbonate industry in order to serve local demand are the markets of India and China.
The international sodium carbonate market is consolidated with major prominent players developing economies of scale production levels across the globe.
Key company profile in the Global Sodium Carbonate Market Are Solvay, J M Loveridge Plc CIECH, Ciner Resources Corporation, Genesis Energy and Merck Millipore., Tata Chemicals Ltd (India), Shandong Haihua Bunch (China), GHCL Constrained (India), Sisecam Bunch (Turkey), Searles Valley Minerals (US), Ciner Assets Organization (US), Beginning Vitality LP (US), Ciech SA (Poland), Nirma Constrained (India), OCI COMPANY Ltd (South Korea)
Sodium Carbonate Market Scope
| Metrics | Details |
| Base Year | 2023 |
| Historic Data | 2018-2022 |
| Forecast Period | 2024-2030 |
| Study Period | 2018-2030 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2030 | USD 24 billion |
| Growth Rate | CAGR of 4 % during 2020-2030 |
| Segment Covered | By end-use, By Types, Regions |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
| Key Players Profiled | Solvay, Merck Millipore, Tata Chemicals (Soda Ash) Partners as well as J M Lover ridge |
Key segments of the Sodium Carbonate Market
by Application, (USD Billion)
- chemicals
- glass
- cleanser
- mash
- pharmaceuticals
- paper
- cleansers
- water treatment
- metal handling
- and others
By Type, (USD Billion)
- Natural
- Synthetic
By end-use industries, (USD Billion)
- Glass Industry
- Water softener for Detergent
- Na (Sodium) Chemicals
- Food Use
- Others
Region Overview, (USD Billion)
- North America
- United States of America
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- the Netherlands
- Poland
- Russia
- The United Kingdom
- Rest of Europe
- Asia-Pacific
- China
- India
- Indonesia
- South Korea
- Rest of Asia-Pacific
- South America
- Argentina
- Brazil
- Peru
- Uruguay
- Rest of South America
Frequently Asked Questions (FAQ) :
The market value of Sodium Carbonate market in 2030 was 24 billion
The top companies that hold the market share in sodium carbonate market are Solvay, Merck Millipore, Tata Chemicals (Soda Ash) Partners as well as J M Lover ridge & among others.
To get latest version of sodium carbonate market report can be obtained on demand from the website.