Sodium Carbonate Market - By Type (Natural, Synthetic), By End-Use (Flat Glass, Container Glass, Other Glass, Soaps & Detergent, Chemicals, Mining) & Forecast, 2021-2027

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.
 

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.
 

Sodium Carbonate Market Analysis

The demand for synthetic sodium carbonate surpassed USD 9 billion in 2020 and is projected to grow at a CAGR of over 2.5% in the forecast period. Synthetic soda ash offers the advantage of convenient manufacture using easily available raw materials such as limestone, brine and coke which are also relatively cheaper. The production process does not require access to natural ores such as Trona or nahcolite. Synthetic product demand in the U.S. is projected to surpass USD 20 million in the forecast period.
 

Synthetic sodium carbonate has the potential to be produced by a wide range of production processes such as Solvay Ammonia Process, Leblanc Process and Modified Solvay Process or Hou’s Process. The product comprises a dominant share in overall sodium carbonate market which indicates easy availability. However, rising focus on sustainability and increasing preference for natural ingredients have increased consumer preference for natural soda ash owing to reduced emissions and energy requirements in its production.
 

Global sodium carbonate market size from flat glass end-use should surpass USD 3.35 billion by 2027, and register gains of 2.8%. Increased construction of non-residential & residential buildings to meet the growing demand primarily in China, India & the U.S., and substantial investment in new infrastructure has resulted in a booming construction sector which has increased the requirement for flat glass. U.S. sodium carbonate demand from flat glass applications surpassed USD 100 million in 2020 which represents tremendous growth opportunities in the construction sector. Growth of construction sector in emerging nations in Asia Pacific is primarily attributed to increasing urbanization and a substantial population base which has increased the demand for homes.
 

Significant economic growth, expansion of road infrastructure and emergence of an affluent middle class driving the global automotive industry thereby stimulating the flat glass market value. Rising technological advancement in windshield manufacture, increasing consumer concerns regarding passenger safety and regulatory requirements should boost the adoption of flat glass owing to its property to shatter into dull fragments upon violent impact.
 

Asia Pacific should register over 3% gains in the predicted period. The increasing trend in recent years of chemical companies in the U.S. and Europe shifting their production bases to Asia to avail lower labour costs, government subsidies and lax environmental norms has triggered the growth of the regional chemical sector. On the other hand, North America is expected to garner USD 760 million by 2027 pertaining to construction sector growth on account of low interest rates & easy access to credit. The substantial number of ongoing projects in the institutional, residential and infrastructural sector should drive the sodium carbonate market growth.
 

Asia Pacific accounts for a significant share in the global exports of various chemical subsegments such as agrochemicals, dyes and pharmaceuticals. In recent years, China has made significant investments in petrochemicals & refinery investments which has resulted in the country becoming a major player in the crude-to-chemicals supply chain. Rising disposable income and economic growth have led to lifestyle changes and led to booming end-use sectors such as construction, automotive and consumer goods should further drive the chemicals industry and trigger the sodium carbonate market revenue.
 

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.
 

The global sodium carbonate market report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilo Tons & revenue in USD Million from 2016 to 2027 for the following segments:

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By Type

• Natural
• Synthetic

By End-Use

• Flat Glass
• Container Glass
• Other Glass
• Chemicals
• Soap & Detergent
• Minings
• Others

The above information has been provided for the following countries:

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Thailand
  • Australia
• Latin America
  • Brazil
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE