Sodium Carbonate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
- Transparency Market Research
Sodium carbonate is an inorganic salt of Sodium and carbonic acid. It is also known as soda ash, soda crystals and washing soda. Sodium carbonate is a white, odorless, hygroscopic, amorphous solid soluble in water and most solvents. It has an alkaline taste and results into a strong alkaline solution with water. Sodium carbonate is often utilized domestically as a common water softener. Sodium carbonate occurs naturally across the globe and can be mined for cosumption. It can also be manufactured commercially from sodium chloride (common salt) and limestone through ‘Solvay Process’. Sodium carbonate has low toxicity, however prolonged exposure to skin and eyes or inhalation of dust may cause irritation. Ingestion of sodium carbonate may cause vomiting, diarrhea, stomach ache, and nausea. Sodium carbonate releases carbon oxides when reacted with acids or burned.
Sodium carbonate is primarily used by the chemical industry for manufacturing glass, detergents, sodium chemicals and carbonate chemicals. It is also employed by the paper and pulp industry for paper production. Sodium carbonate is used in industrial and municipal waste water treatment because of strict regulations requiring dechlorination of the waste water treatment process. It is also employed for brine treatment, coal treatment and desulphurization of flue gas. Sodium carbonate finds major consumption in industries as well as households for removal of hardness in water and pH adjustment of water. Sodium carbonate is also used as a catalyst for resin regeneration through ion exchange.
The sodium carbonate market is primarily driven by its demand in water treatment applications, paper and pulp applications and applications in chemical industry. However, difficult disposal of effluents from the production process and stringent regulations for effective waste management might hamper the market growth. Expanding industrial economies of Asia Pacific, Latin America and Africa are expected to bring prospective opportunities for future market growth of sodium carbonate.
In terms of geography, Asia Pacific is the largest consumer as well as producer of sodium carbonate. Major industrial economies including China, India, Japan, Thailand, Taiwan, Indonesia and South Korea are the major consumers of sodium carbonate for application in waste water treatment, paper and pulp and chemical industry. Two of the most populated countries, China and India are situated in Asia. Both these countries are growing rapidly and witnessing rising disposable income and purchase power parity of the general population. This high growth has lead to growth of end use products of sodium carbonate such as detergents and glass. North America is another major consumer for sodium carbonate especially in the detergent and waste water treatment applications. In Rest of the World, Brazil, Argentina, Venezuela and South Africa contribute to major demand for the market, especially in the glass manufacturing industry. Europe is expected to witness comparatively slower growth than other regions owing to stringent regulations against environment polluting chemicals. There is very low scope of capacity expansion in the developed regions of North America and Western Europe due to over capacities, high land and labor costs and stringent regulations. China and India are the best prospects fro capacity expansion to serve the local demand.
The market is consolidated with major players exploiting economies of scales at global scale production level. Some of the market players include Merck Millipore, Solvay, Tata Chemicals (Soda Ash) Partners and J M Loverridge plc. among many others.
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
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Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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