The global soda ash market is projected to grow at a CAGR of 3.23%
Asia-Pacific and the Americas have witnessed significant growth in the soda ash market with global share rising to over 60% of the market in 2017, as well as other chemicals. The Asia-Pacific market is seen to grow at a CAGR of 3.48% to reach revenue of $9,697.17 million by 2023. The market is highly dependent on the strength of demand growth from China and India, and growth rates in the automotive and construction sectors in the countries. North America is the second leading market to grow at a CAGR of 3.31% to reach revenue of $4,700.73 million by 2023. North America is one of the most important producing regions. The United States 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
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The factor causing such rapid growth is rapid industrialization and a high demand for soda ash uses in glass applications will fuel this growth.
key players. Main Players:
Solvay SA has proven to be the largest player in the soda ash market along with the Ciner group, Tata Chemicals and many more. Ciner Group, Tata Chemicals Ltd, Solvay SA.
The report is segmented as follows:
- By end-use industry:
- Glass
- chemicals
- Consumer goods
- Food and drinks
- octopus and paper
- Solvay
- Byproducts:
- Production breakdown
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Process comparison
- By geography (covers more than 10 countries)
- entropy market
- Manufacturer Citizen / Interviewee
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What can be expected from the report?
The report is prepared with the main agenda to cover the following 20 points:
1. Market size by product category and application 11. Demand analysis (revenue and volume)
2. Market trends and relevant market data 12. Country-level analysis
3. Manufacturer Overview 13. Competitor Analysis
4. Distributor landscape 14. Market share analysis
5. Price 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 and future analysis of the market landscape
9. Analysis of mergers and acquisitions 19. Analysis of opportunities
10. Patent analysis 20. Revenue and volume analysis
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