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Sodium Carbonate Market Share

  • Report ID: GMI3917
  • Published Date: Jun 2021
  • Report Format: PDF

Sodium Carbonate Market Share

Global sodium carbonate industry share is moderately fragmented, and the major players include

  • Solvay
  • Ciner
  • Tata Chemicals Ltd.
  • Genesis Alkali
  • NIRMA
  • Shandong Haihua
  • CIECH S.A.
  • Sanyou Chemical
  • Hubei Yuhua
  • Sisecam

Manufacturers are primarily focusing on establishing production facilities in the vicinity of natural ore deposits to secure their supply of raw materials and achieve competitive advantage.
 

Leading manufacturers are constantly engaged in various strategic initiatives such as mergers, acquisitions and joint ventures to expand their production capacity, expand distribution network or achieve market leadership. For instance, in December 2019, Tata Chemicals, a leading sodium carbonate producer announced the acquisition of the remaining 25% share of its subsidiary Tata Chemicals North America which should allow the company to simplify its business architecture.
 

Various manufacturers are also expanding their production capacity to meet the growing demand for sodium carbonate. For example, Solvay SA announced plans to increase soda ash production capacity by 600 kilo tons at its manufacturing site in Wyoming, U.S. in September 2019. This capacity expansion should allow the company to maximize its revenue generation, and enhance its market position as a sustainable, long-term supplier of sodium carbonate.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

Sodium carbonate market size reached USD 11.45 billion in 2020 and should witness a 3% CAGR up to 2027 with growing demand in automotive, construction, and other end-use sectors.

Worldwide synthetic sodium carbonate hit USD 9 billion in 2020 and is projected to grow at a CAGR of 2.5% through 2027 due to high convenience in production and easy availability of raw materials.

The glass end-use segment should grow at a CAGR of 2.8% to exceed USD 3.35 billion by 2027 led by increasing residential and non-residential construction in the U.S., India, and China.

The market for sodium carbonate in Asia Pacific could register gains at a CAGR of more than 3% over 2021-2027.

Sodium Carbonate Market Scope

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Premium Report Details

  • Base Year: 2020
  • Companies covered: 15
  • Tables & Figures: 214
  • Countries covered: 20
  • Pages: 200
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