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Soda Ash Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2031

Global Soda Ash Market: By Type (Synthetic and Natural); Grade (Light, Dense); End-user (Industrial, Automotive, Environment, Electronics, Power Generation, Distributors, Environmental) Region—Market Size, Industry Dynamics, Opportunity Analysis and Forecast for 2023–2031

  • Published Date: 06-Feb-2023  |   Format: pdfpowerpointexcel  |  Report ID: AA0121051
    Delivery: 2 to 4 Hours
INFOGRAPHIC:
Soda Ash Market

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REPORT SCOPE

Report AttributeDetails
Market Size Value in 2022US$ 19.1 Bn
Expected Revenue in 2031US$ 33.9 Bn
Historic Data2018-2022
Base Year2022
Forecast Period2023-2031
UnitValue (USD Bn)
CAGR13.9% 
Segments coveredBy Type, By Grade, By End-Use, By Region
Key Companies                                                                                  CIECH SA (Poland), Ciner Resources Corporation (US), DCW Limited (India), Genesis Energy (Auckland), GHCL Limited (India), Hubei Yuhua (China), OCI Company Ltd. (South Korea), Nirma Ltd. (India), Sanyo Chemical Industries, Ltd. (Japan), Shandong haihua (China), Sisecam (Turkey), Solvay SA (Belgium), Tata Chemicals Limited (India), other prominent players
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FREQUENTLY ASKED QUESTIONS

The soda ash market was valued at USD 19.1 billion in 2022

The market is projected to grow at a CAGR of 6.6% for value during the forecast period with a corresponding volume CAGR estimated at 6.1%.

Globally industry has average capacity utilization raging between 62% - 87%.

The report provides details about top players and their production sites, installed capacity, and actual production as part of market share analysis.

We have included price trend for 5 geographic regions – North America, Europe, Asia Pacific, Middle East & Africa, and South America, including India. On average, price rise is expected over the forecast period, with regional price difference margin of approx. 70%.

Report includes information about Import and export destinations for top 5 importers and exporters of n Soda ash.

The report includes analysis of following industries – Industrial, Automotive, Electronics, Power Generation, Environmental, and Distributors. Of these, Automotive alone held more than 30% share in 2022.

The report includes analysis of following industries - Dyes and Coloring Agents, Water & Wastewater, Glass, Fertilizers, Enameling, Energy & Mining, Glue, Paper & Pulp, Soaps & Detergents, Food & Beverages, and Others. Of which, Glass alone accounts for more than 45% of Industrial share.

Report includes profiles of 13 manufacturers and few suppliers. It also lists down other prominent players which are not extensively profiled. Prominent manufacturers, profiled in report include – Solvay, Tata Chemicals, Ciner Group, Genesis Alkali, Nirma, and CIECH.

Market dynamics section in report highlights factors affecting the growth positively or negatively, along with study of opportunities. In the report, 4 drivers and 2 restraints are extensively analyzed, and their impact is also analyzed. Consumption by Glass industry has been analyzed as strongest factor having high impact throughout the forecast period.

The report analyzed a V shape recovery curve, which can be considered as W recovery trend if analyzed for 3 years gap.

The report analyzes grades as Synthetic and Natural, of which synthetic has higher share due to high price. Likewise, of Light, Dense, and washing soda grades, dense has highest consumption.

Of the 3 glass types – Flat, container, other glass, container has highest share.

West India holds highest demand share, with Gujarat leading the category.

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