Asia-Pacific and Americas had witnessed significant growth in the soda ash market with the global share rising to more than 60% of the market in 2017. Asia-Pacific is the leading market holder for Soda Ash Market used in the production of glass, detergents, as well as in other chemicals. The Asia-Pacific market is witnessed to grow at a CAGR of 3.48% to reach revenue of $9697.17 million by 2023. The market is highly depended on the strength of demand growth from China and India, and growth rates in automotive and construction sector in the countries. North America is the second leading market to grow at a CAGR of 3.31% to reach revenue of $4700.73 million by 2023. North America is one of the largest producing regions. U.S. remained the second largest producer of soda ash after China. Europe acquires the third largest market in the world, growing at a CAGR of 3.84% for the forecast period of 2018-2023.
Excerpts on Market Growth Factors
Factor causing such rapid growth is swift industrialization and a huge demand for soda ash uses in glass applications is set to boost this growth.
Key players:
Solvay SA has proved to be the biggest player in the market for soda ash along with Ciner group, Tata Chemicals and many more. Ciner group, Tata Chemicals Ltd, Solvay SA.
Report is Segmented as Below:
By End Use Industry:
Glass
Chemicals
Consumer Goods
Food and Beverage
Pulp and Paper
Solvay
By-Products:
Production Breakdown
Process Comparison
By Geography (covers 10+ countries)
Entropy Market
Manufacturer Citied / Interviewed
To access / purchase the full report browse the link: http://utm.io/ub7sM
What can you expect from the report?
Report is prepared with the main agenda to cover the following 20 points:
1. Market Size by Product Categories & Application 11. Demand Analysis (Revenue & Volume)
2. Market trends & Relevant Market Data 12. Country level Analysis
3. Manufacturer Landscape 13. Competitor Analysis
4. Distributor Landscape 14. Market Shares Analysis
5. Pricing Analysis 15. Value Chain Analysis
6. Top 10 End user Analysis 16. Supply Chain Analysis
7. Product Benchmarking 17. Strategic Analysis
8. Product Developments 18. Current & Future Market Landscape Analysis
9. Mergers & Acquisition Analysis 19. Opportunity Analysis
10. Patent Analysis 20. Revenue and Volume Analysis
About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.
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