Soda Ash Market

Soda Ash Market is Expected to Surpass US$ 17.5 Bn by

2029 | Future Market Insights

March 2020

Report Id : REP-GB-11085

Published On : 21-Feb-2020

Category : Chemicals and Materials

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Research Methodology (1/2)

Systematic Research Approach

Market profiling

Formulating discussion guide

Developing list of respondents

Data collection

Data validation

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5

3

1

2

In-depth secondary research is used to

ascertain overall market size, top

industry players, top products, industry

associations, etc.

FMI formulates a detailed discussion

guide to conduct expert and industry

interviews

FMI develops a list of industry players

(manufacturers), distributors, retailers

and industry experts

FMI conducts interviews with industry

experts, industry players, distributors

and retailers

Data is validated by triangulation

method, wherein secondary, primary

and FMI analysis contribute to the final

data

Data

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Data Filter

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Identifying key opinion leaders

Questionnaire design

In-depth interviews

Coverage across value chain

Market participants

Key strengths

Product portfolio

Mapping as per value chain

Key focus segments

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Primary

Research

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Company

Analysis

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SOLUTION

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Insights

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Desk

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Business

Solution

Key industry experts

Channel study

Developments

Market dynamics

Products

Conclusions

Data analysis

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Data is scrutinized using MS-Excel to

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Secondary Research #

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Soda Ash Market Analysis

The global soda ash market will reach a valuation of US$ 17.5 Bn in 2029, witnessing a

steady growth outlook during the forecast period (2019 - 2029). According to a new study

by Future Market Insights (FMI), the market for soda ash is largely influenced by upsurge in

demand from detergents and soaps, chemicals, metallurgy, and construction industries.

"Leading players in soda ash market must maintain focus on expansion through strategic

collaborations in order to remain prominent at a global level," reveals the FMI report.

Key Research Findings of FMI's Soda Ash Market Study

• Glass and ceramics will account for a major market share owing to high demand for glass

and flat glass products.

• The soda ash market is gaining substantial tailwinds from the building & construction

materials segment.

• Growth opportunities in soda ash market are primarily concentrated in Asia Pacific

owing to strong expansion prospects of end-use industries in the region.

• Sustainability trend will remain instrumental to the build-up of soda ash market,

influencing its pricing and application.



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Key Growth Drivers - Soda Ash Market

• Energy conservation policies by governments is a key growth driver for soda ash

adoption.

• The rise in high individual net worth in developing countries is projected to increase

consumption of soda ash.

• Leading manufacturers continue to adopt innovative extraction processes to boost

production capacity.

Key Impediments - Soda Ash Market

• Low cost of soda ash production has resulted in oversupply, potentially hindering

profitability.

• Environmental regulations associated with concentration of chlorides remains a

longstanding concern for producers.



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Competition Structure Analysis - Soda Ash Market

The competition landscape of soda ash market remains largely consolidated, as major

players continue to capture around 70% of market share. Key producers are leveraging

advanced extraction processes such as pillar and room mining to boost production

capacities. Manufacturers are also entering strategic collaborations to consolidate their

market position.

Some of the key players in the soda ash market include, but are not limited to CIECH SA,

Tata Chemicals Ltd., Novacap Group, DCW Ltd., Ciner Group, Genesis Energy, and Nirma Ltd.

Source Link: https://www.accesswire.com/579712/Soda-Ash-Market-Revenues-to-Reach-

US-175-Bn-Through-2029-Sustainability-Trend-to-Remain-the-Silent-Shaper-Future-Market-

Insights



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About the Report

This report offers global, regional, and national level analysis on the latest trends in the

industry influencing the soda ash market. The study provides actionable insights on the

soda ash market on the basis of density (dense and light), end use industry (glass &

ceramics, soaps & detergents, metallurgy, paper & pulp, chemicals, and water treatment)

across 30 countries spanning five key regions (North America, Latin America, Europe, Asia

Pacific, and MEA).

Explore Extensive Coverage of FMI's Chemicals & Materials Landscape

• Bio-based plastics in the automotive market

• Aircraft Cleaning Chemicals Market

• Bioplastics in the Automotive Market



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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting

services, serving clients in over 150 countries. FMI is headquartered in London, the global

financial capital, and has delivery centers in the U.S. and India. FMI's latest market research

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