Sodium Carbonate Market Size

Sodium Carbonate Market Size

Global sodium carbonate market size surpassed USD 11.45 billion in 2020 and is likely to grow at a CAGR of 3% by 2027 and is primarily attributed to the growing demand for glass from end-use sectors such as construction and automotive on account of rising infrastructure projects, residential construction, and mobility requirements of the growing population.

Sodium carbonate, more commonly known as soda ash, is a white inorganic chemical with alkaline properties which finds widespread usage in the glass, detergents, chemicals, food & feed sectors. The product reduces the furnace temperature required to melt sand in the glassmaking industry thereby reducing the cost of production.

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U.S. sodium carbonate market should surpass USD 620 million by 2027 primarily owing to increasing flat glass requirement in the regional construction sector. Moreover, the product should find witness increasing adoption as a surfactant carrier & agglomeration enhancer in soaps & detergents owing to growing consumer awareness regarding hygiene practices in the wake of the COVID-19 pandemic.

The growing demand for steel, electricity and aluminium owing to growing industrialization has resulted in growth of the mining sector. U.S. sodium carbonate market demand from the domestic mining sector exceeded USD 20 million in 2020 which indicates ample growth opportunities. The product is essential for the beneficiation & processing of mineral ores and metals such as steel & cobalt. Moreover, the ability of soda ash to enhance the reaction of dyes with fibres, allowing permanent dye fixation should drive its adoption in the dyes, textile and leather sectors.