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Sodium carbonate or
soda ash is a naturally occurring chemical that finds application in industries
such as food and beverages, pulp and papers, and glass. However, the soap and
detergent industry including the surfactants market are few of the most
lucrative market verticals for sodium carbonate. As per the International Trade
Centre, the global soaps and detergents trade value was observed to be $62.62m
in 2018. Sodium carbonate is an essential ingredient employed in the detergents and
surfactants industry, and this is propelling growth in the sodium carbonate
market, which was valued at $18.2 billion in 2018. The sodium carbonate market
is estimated to grow at a CAGR of 2.45% during the forecast period of 2019 to
2025.
APAC was estimated to
be the most profitable region for the sodium carbonate market, and accounted
for 54% of the global market share. This massive market share was recorded due
to higher population and rising disposable income in the region which is
leading to increased demands for sodium carbonate end products such as
detergents and glass.
Glass is an important
commodity in the construction industry. Massive construction activities in the
region are increasing the requirement of glass for creating artistic
infrastructure. Among other APAC countries, China is drawing the highest
investments in the construction industry. According to the World Economic Forum,
the Chinese construction sector attracted $4 billion in investment from Taiwan,
France, and the U.S. The requirement of accommodation for businesses and office
spaces has powered China’s growth in the construction industry, subsequently
influencing the glass market and supporting growth of the global sodium
carbonate market.
Sodium
Carbonate Market Outlook
The key application of
sodium carbonate is in glass. It is used for production of various types of
glass such as tinted, anti-glare, reflector, and UV absorbent glass. The glass
application segment is projected to grow at a CAGR of 2.8% during the forecast
period.
Glass is extensively
being employed for construction of aesthetic infrastructures. Manufactured by
the fusion of sand with soda crystals, it is one of the favorite raw materials
used in construction of commercial places and infrastructure such as hospitals,
airports, malls and skyscrapers. According to the International Finance
Corporation, the construction industry is projected to grow at a CAGR of 4.2%
during 2018 to 2023 in terms of market value. About 75% of the infrastructure
that will exist in 2050 is yet to be built. The growth in the commercial,
residential, and large infrastructure projects are burgeoning the opportunities
in the construction industry which is further expected to bolster demands of
raw materials used for the construction. Therefore, the growing raw
material demand will also increase the requirement of glass, further increasing
the demand in the adjacent global sodium carbonate market.
Sodium Carbonate Market Growth Drivers
·Water Treatment: According to the World Bank Group, 2.1 billion people lack dependable access to safe water services, and among those, 844 million people do not have access to basic drinking water facilities. Sodium carbonate is globally used as a water softener which neutralizes the harmful bacteria present in water. The imperative need for safe water across the world is driving key players in the market to expand their operations and provide water treatment. The need for safe drinking water will lead to increased opportunities in the global sodium carbonate market.
·Confectionary Ingredients: Sodium carbonate, popularly known as baking soda in the food and beverages industry, is massively used in production of confectionary products such as cakes, breads, muffins, and chocolates. The demand for these products is always on a rise, owing to the popularity they enjoy among every age group in society. Bread is considered as a staple food product in European countries. Thus, growing demand for confectionary and baked products is likely to support the sodium carbonate market growth.
·Production of Wood Pulp: Soda ash or sodium carbonate is used for pulping and bleaching processes to balance the pH levels. The ingredient contributes to multiple pulp bleaching applications such as the hydrogen peroxide bleaching and caustic extraction of chemical or mechanical pulps. The increased manufacturing of bleaching products from the chemical companies is driving the global sodium carbonate market.
Sodium Carbonate Market Trends
·Sodium carbonate is used as an active pharmaceutical ingredient (API) and is applied in issues such as headache and indigestion. The use of sodium carbonate as an API is growing on a global scale, and is anticipated to inject profits in the global sodium carbonate market.
·Sodium carbonate heptahydrate, sodium carbonate monohydrate, and sodium carbonate decahydrate are byproducts of sodium carbonate. These products, which act as abrasive, deodorizing agents, and oral care agents, are utilized in the production of numerous cosmetic and personal care products. Sodium carbonate stabilizes the acid-base balance of cosmetic products. Thus, the sodium carbonate market is assured of witnessing considerable profits through the personal care industry.
·Sodium carbonate is being used for maintaining the pH level of swimming pools. The implementation of sodium carbonate for swimming pools has improved the quality of the swimming pool water and therefore is currently cited as an essential element for swimming pool maintenance.
Sodium
Carbonate Market Key Players Perspective –
The key players
involved in the sodium carbonate market are investing considerably in research
and development to gain an edge over their competitors. Some of the major
players in the sodium carbonate market are CIECH S.A., Solvay S.A., OCI
Chemical Corporation, Tata Chemicals Limited, Genesis Energy Limited, Nirma,
GHCL Limited, Orison Chemicals Limited, WE Soda Ltd, Haohua Honghe Chemical Co
Ltd, FMC Corporation, and Innova Corporate.
Sodium
Carbonate Market Research Scope:
The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the sodium carbonate market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The sodium carbonate market research report also analyses the application of sodium carbonate in various sectors such as real estate, small and medium-sized business, and others.
Table 1: Sodium Carbonate Market Overview 2021-2026
Table 2: Sodium Carbonate Market Leader Analysis 2018-2019 (US$)
Table 3: Sodium Carbonate Market Product Analysis 2018-2019 (US$)
Table 4: Sodium Carbonate Market End User Analysis 2018-2019 (US$)
Table 5: Sodium Carbonate Market Patent Analysis 2013-2018* (US$)
Table 6: Sodium Carbonate Market Financial Analysis 2018-2019 (US$)
Table 7: Sodium Carbonate Market Driver Analysis 2018-2019 (US$)
Table 8: Sodium Carbonate Market Challenges Analysis 2018-2019 (US$)
Table 9: Sodium Carbonate Market Constraint Analysis 2018-2019 (US$)
Table 10: Sodium Carbonate Market Supplier Bargaining Power Analysis 2018-2019 (US$)
Table 11: Sodium Carbonate Market Buyer Bargaining Power Analysis 2018-2019 (US$)
Table 12: Sodium Carbonate Market Threat of Substitutes Analysis 2018-2019 (US$)
Table 13: Sodium Carbonate Market Threat of New Entrants Analysis 2018-2019 (US$)
Table 14: Sodium Carbonate Market Degree of Competition Analysis 2018-2019 (US$)
Table 15: Sodium Carbonate Market Value Chain Analysis 2018-2019 (US$)
Table 16: Sodium Carbonate Market Pricing Analysis 2021-2026 (US$)
Table 17: Sodium Carbonate Market Opportunities Analysis 2021-2026 (US$)
Table 18: Sodium Carbonate Market Product Life Cycle Analysis 2021-2026 (US$)
Table 19: Sodium Carbonate Market Supplier Analysis 2018-2019 (US$)
Table 20: Sodium Carbonate Market Distributor Analysis 2018-2019 (US$)
Table 21: Sodium Carbonate Market Trend Analysis 2018-2019 (US$)
Table 22: Sodium Carbonate Market Size 2018 (US$)
Table 23: Sodium Carbonate Market Forecast Analysis 2021-2026 (US$)
Table 24: Sodium Carbonate Market Sales Forecast Analysis 2021-2026 (Units)
Table 25: Sodium Carbonate Market, Revenue & Volume, By End Use Industry, 2021-2026 ($)
Table 26: Sodium Carbonate Market By End Use Industry, Revenue & Volume, By Glass, 2021-2026 ($)
Table 27: Sodium Carbonate Market By End Use Industry, Revenue & Volume, By Detergents, 2021-2026 ($)
Table 28: Sodium Carbonate Market By End Use Industry, Revenue & Volume, By Water Treatment, 2021-2026 ($)
Table 29: Sodium Carbonate Market By End Use Industry, Revenue & Volume, By Sodium Chemicals, 2021-2026 ($)
Table 30: Sodium Carbonate Market By End Use Industry, Revenue & Volume, By Pulp & Paper, 2021-2026 ($)
Table 31: North America Sodium Carbonate Market, Revenue & Volume, By End Use Industry, 2021-2026 ($)
Table 32: South america Sodium Carbonate Market, Revenue & Volume, By End Use Industry, 2021-2026 ($)
Table 33: Europe Sodium Carbonate Market, Revenue & Volume, By End Use Industry, 2021-2026 ($)
Table 34: APAC Sodium Carbonate Market, Revenue & Volume, By End Use Industry, 2021-2026 ($)
Table 35: Middle East & Africa Sodium Carbonate Market, Revenue & Volume, By End Use Industry, 2021-2026 ($)
Table 36: Russia Sodium Carbonate Market, Revenue & Volume, By End Use Industry, 2021-2026 ($)
Table 37: Israel Sodium Carbonate Market, Revenue & Volume, By End Use Industry, 2021-2026 ($)
Table 38: Top Companies 2018 (US$) Sodium Carbonate Market, Revenue & Volume
Table 39: Product Launch 2018-2019 Sodium Carbonate Market, Revenue & Volume
Table 40: Mergers & Acquistions 2018-2019 Sodium Carbonate Market, Revenue & Volume
List of Figures:
Figure 1: Overview of Sodium Carbonate Market 2021-2026
Figure 2: Market Share Analysis for Sodium Carbonate Market 2018 (US$)
Figure 3: Product Comparison in Sodium Carbonate Market 2018-2019 (US$)
Figure 4: End User Profile for Sodium Carbonate Market 2018-2019 (US$)
Figure 5: Patent Application and Grant in Sodium Carbonate Market 2013-2018* (US$)
Figure 6: Top 5 Companies Financial Analysis in Sodium Carbonate Market 2018-2019 (US$)
Figure 7: Market Entry Strategy in Sodium Carbonate Market 2018-2019
Figure 8: Ecosystem Analysis in Sodium Carbonate Market 2018
Figure 9: Average Selling Price in Sodium Carbonate Market 2021-2026
Figure 10: Top Opportunites in Sodium Carbonate Market 2018-2019
Figure 11: Market Life Cycle Analysis in Sodium Carbonate Market
Figure 12: GlobalBy End Use Industry Sodium Carbonate Market Revenue, 2021-2026 ($)
Figure 13: Global Sodium Carbonate Market - By Geography
Figure 14: Global Sodium Carbonate Market Value & Volume, By Geography, 2021-2026 ($)
Figure 15: Global Sodium Carbonate Market CAGR, By Geography, 2021-2026 (%)
Figure 16: North America Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 17: US Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 18: US GDP and Population, 2018-2019 ($)
Figure 19: US GDP – Composition of 2018, By Sector of Origin
Figure 20: US Export and Import Value & Volume, 2018-2019 ($)
Figure 21: Canada Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 22: Canada GDP and Population, 2018-2019 ($)
Figure 23: Canada GDP – Composition of 2018, By Sector of Origin
Figure 24: Canada Export and Import Value & Volume, 2018-2019 ($)
Figure 25: Mexico Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 26: Mexico GDP and Population, 2018-2019 ($)
Figure 27: Mexico GDP – Composition of 2018, By Sector of Origin
Figure 28: Mexico Export and Import Value & Volume, 2018-2019 ($)
Figure 29: South America Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 30: Brazil Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 31: Brazil GDP and Population, 2018-2019 ($)
Figure 32: Brazil GDP – Composition of 2018, By Sector of Origin
Figure 33: Brazil Export and Import Value & Volume, 2018-2019 ($)
Figure 34: Venezuela Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 35: Venezuela GDP and Population, 2018-2019 ($)
Figure 36: Venezuela GDP – Composition of 2018, By Sector of Origin
Figure 37: Venezuela Export and Import Value & Volume, 2018-2019 ($)
Figure 38: Argentina Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 39: Argentina GDP and Population, 2018-2019 ($)
Figure 40: Argentina GDP – Composition of 2018, By Sector of Origin
Figure 41: Argentina Export and Import Value & Volume, 2018-2019 ($)
Figure 42: Ecuador Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 43: Ecuador GDP and Population, 2018-2019 ($)
Figure 44: Ecuador GDP – Composition of 2018, By Sector of Origin
Figure 45: Ecuador Export and Import Value & Volume, 2018-2019 ($)
Figure 46: Peru Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 47: Peru GDP and Population, 2018-2019 ($)
Figure 48: Peru GDP – Composition of 2018, By Sector of Origin
Figure 49: Peru Export and Import Value & Volume, 2018-2019 ($)
Figure 50: Colombia Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 51: Colombia GDP and Population, 2018-2019 ($)
Figure 52: Colombia GDP – Composition of 2018, By Sector of Origin
Figure 53: Colombia Export and Import Value & Volume, 2018-2019 ($)
Figure 54: Costa Rica Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 55: Costa Rica GDP and Population, 2018-2019 ($)
Figure 56: Costa Rica GDP – Composition of 2018, By Sector of Origin
Figure 57: Costa Rica Export and Import Value & Volume, 2018-2019 ($)
Figure 58: Europe Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 59: U.K Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 60: U.K GDP and Population, 2018-2019 ($)
Figure 61: U.K GDP – Composition of 2018, By Sector of Origin
Figure 62: U.K Export and Import Value & Volume, 2018-2019 ($)
Figure 63: Germany Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 64: Germany GDP and Population, 2018-2019 ($)
Figure 65: Germany GDP – Composition of 2018, By Sector of Origin
Figure 66: Germany Export and Import Value & Volume, 2018-2019 ($)
Figure 67: Italy Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 68: Italy GDP and Population, 2018-2019 ($)
Figure 69: Italy GDP – Composition of 2018, By Sector of Origin
Figure 70: Italy Export and Import Value & Volume, 2018-2019 ($)
Figure 71: France Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 72: France GDP and Population, 2018-2019 ($)
Figure 73: France GDP – Composition of 2018, By Sector of Origin
Figure 74: France Export and Import Value & Volume, 2018-2019 ($)
Figure 75: Netherlands Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 76: Netherlands GDP and Population, 2018-2019 ($)
Figure 77: Netherlands GDP – Composition of 2018, By Sector of Origin
Figure 78: Netherlands Export and Import Value & Volume, 2018-2019 ($)
Figure 79: Belgium Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 80: Belgium GDP and Population, 2018-2019 ($)
Figure 81: Belgium GDP – Composition of 2018, By Sector of Origin
Figure 82: Belgium Export and Import Value & Volume, 2018-2019 ($)
Figure 83: Spain Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 84: Spain GDP and Population, 2018-2019 ($)
Figure 85: Spain GDP – Composition of 2018, By Sector of Origin
Figure 86: Spain Export and Import Value & Volume, 2018-2019 ($)
Figure 87: Denmark Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 88: Denmark GDP and Population, 2018-2019 ($)
Figure 89: Denmark GDP – Composition of 2018, By Sector of Origin
Figure 90: Denmark Export and Import Value & Volume, 2018-2019 ($)
Figure 91: APAC Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 92: China Sodium Carbonate Market Value & Volume, 2021-2026
Figure 93: China GDP and Population, 2018-2019 ($)
Figure 94: China GDP – Composition of 2018, By Sector of Origin
Figure 95: China Export and Import Value & Volume, 2018-2019 ($) Sodium Carbonate Market China Export and Import Value & Volume, 2018-2019 ($)
Figure 96: Australia Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 97: Australia GDP and Population, 2018-2019 ($)
Figure 98: Australia GDP – Composition of 2018, By Sector of Origin
Figure 99: Australia Export and Import Value & Volume, 2018-2019 ($)
Figure 100: South Korea Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 101: South Korea GDP and Population, 2018-2019 ($)
Figure 102: South Korea GDP – Composition of 2018, By Sector of Origin
Figure 103: South Korea Export and Import Value & Volume, 2018-2019 ($)
Figure 104: India Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 105: India GDP and Population, 2018-2019 ($)
Figure 106: India GDP – Composition of 2018, By Sector of Origin
Figure 107: India Export and Import Value & Volume, 2018-2019 ($)
Figure 108: Taiwan Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 109: Taiwan GDP and Population, 2018-2019 ($)
Figure 110: Taiwan GDP – Composition of 2018, By Sector of Origin
Figure 111: Taiwan Export and Import Value & Volume, 2018-2019 ($)
Figure 112: Malaysia Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 113: Malaysia GDP and Population, 2018-2019 ($)
Figure 114: Malaysia GDP – Composition of 2018, By Sector of Origin
Figure 115: Malaysia Export and Import Value & Volume, 2018-2019 ($)
Figure 116: Hong Kong Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 117: Hong Kong GDP and Population, 2018-2019 ($)
Figure 118: Hong Kong GDP – Composition of 2018, By Sector of Origin
Figure 119: Hong Kong Export and Import Value & Volume, 2018-2019 ($)
Figure 120: Middle East & Africa Sodium Carbonate Market Middle East & Africa 3D Printing Market Value & Volume, 2021-2026 ($)
Figure 121: Russia Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 122: Russia GDP and Population, 2018-2019 ($)
Figure 123: Russia GDP – Composition of 2018, By Sector of Origin
Figure 124: Russia Export and Import Value & Volume, 2018-2019 ($)
Figure 125: Israel Sodium Carbonate Market Value & Volume, 2021-2026 ($)
Figure 126: Israel GDP and Population, 2018-2019 ($)
Figure 127: Israel GDP – Composition of 2018, By Sector of Origin
Figure 128: Israel Export and Import Value & Volume, 2018-2019 ($)
Figure 129: Entropy Share, By Strategies, 2018-2019* (%) Sodium Carbonate Market
Figure 130: Developments, 2018-2019* Sodium Carbonate Market
Figure 131: Company 1 Sodium Carbonate Market Net Revenue, By Years, 2018-2019* ($)
Figure 132: Company 1 Sodium Carbonate Market Net Revenue Share, By Business segments, 2018 (%)
Figure 133: Company 1 Sodium Carbonate Market Net Sales Share, By Geography, 2018 (%)
Figure 134: Company 2 Sodium Carbonate Market Net Revenue, By Years, 2018-2019* ($)
Figure 135: Company 2 Sodium Carbonate Market Net Revenue Share, By Business segments, 2018 (%)
Figure 136: Company 2 Sodium Carbonate Market Net Sales Share, By Geography, 2018 (%)
Figure 137: Company 3 Sodium Carbonate Market Net Revenue, By Years, 2018-2019* ($)
Figure 138: Company 3 Sodium Carbonate Market Net Revenue Share, By Business segments, 2018 (%)
Figure 139: Company 3 Sodium Carbonate Market Net Sales Share, By Geography, 2018 (%)
Figure 140: Company 4 Sodium Carbonate Market Net Revenue, By Years, 2018-2019* ($)
Figure 141: Company 4 Sodium Carbonate Market Net Revenue Share, By Business segments, 2018 (%)
Figure 142: Company 4 Sodium Carbonate Market Net Sales Share, By Geography, 2018 (%)
Figure 143: Company 5 Sodium Carbonate Market Net Revenue, By Years, 2018-2019* ($)
Figure 144: Company 5 Sodium Carbonate Market Net Revenue Share, By Business segments, 2018 (%)
Figure 145: Company 5 Sodium Carbonate Market Net Sales Share, By Geography, 2018 (%)
Figure 146: Company 6 Sodium Carbonate Market Net Revenue, By Years, 2018-2019* ($)
Figure 147: Company 6 Sodium Carbonate Market Net Revenue Share, By Business segments, 2018 (%)
Figure 148: Company 6 Sodium Carbonate Market Net Sales Share, By Geography, 2018 (%)
Figure 149: Company 7 Sodium Carbonate Market Net Revenue, By Years, 2018-2019* ($)
Figure 150: Company 7 Sodium Carbonate Market Net Revenue Share, By Business segments, 2018 (%)
Figure 151: Company 7 Sodium Carbonate Market Net Sales Share, By Geography, 2018 (%)
Figure 152: Company 8 Sodium Carbonate Market Net Revenue, By Years, 2018-2019* ($)
Figure 153: Company 8 Sodium Carbonate Market Net Revenue Share, By Business segments, 2018 (%)
Figure 154: Company 8 Sodium Carbonate Market Net Sales Share, By Geography, 2018 (%)
Figure 155: Company 9 Sodium Carbonate Market Net Revenue, By Years, 2018-2019* ($)
Figure 156: Company 9 Sodium Carbonate Market Net Revenue Share, By Business segments, 2018 (%)
Figure 157: Company 9 Sodium Carbonate Market Net Sales Share, By Geography, 2018 (%)
Figure 158: Company 10 Sodium Carbonate Market Net Revenue, By Years, 2018-2019* ($)
Figure 159: Company 10 Sodium Carbonate Market Net Revenue Share, By Business segments, 2018 (%)
Figure 160: Company 10 Sodium Carbonate Market Net Sales Share, By Geography, 2018 (%)
Figure 161: Company 11 Sodium Carbonate Market Net Revenue, By Years, 2018-2019* ($)
Figure 162: Company 11 Sodium Carbonate Market Net Revenue Share, By Business segments, 2018 (%)
Figure 163: Company 11 Sodium Carbonate Market Net Sales Share, By Geography, 2018 (%)
Figure 164: Company 12 Sodium Carbonate Market Net Revenue, By Years, 2018-2019* ($)
Figure 165: Company 12 Sodium Carbonate Market Net Revenue Share, By Business segments, 2018 (%)
Figure 166: Company 12 Sodium Carbonate Market Net Sales Share, By Geography, 2018 (%)
Figure 167: Company 13 Sodium Carbonate Market Net Revenue, By Years, 2018-2019* ($)
Figure 168: Company 13 Sodium Carbonate Market Net Revenue Share, By Business segments, 2018 (%)
Figure 169: Company 13 Sodium Carbonate Market Net Sales Share, By Geography, 2018 (%)
Figure 170: Company 14 Sodium Carbonate Market Net Revenue, By Years, 2018-2019* ($)
Figure 171: Company 14 Sodium Carbonate Market Net Revenue Share, By Business segments, 2018 (%)
Figure 172: Company 14 Sodium Carbonate Market Net Sales Share, By Geography, 2018 (%)
Figure 173: Company 15 Sodium Carbonate Market Net Revenue, By Years, 2018-2019* ($)
Figure 174: Company 15 Sodium Carbonate Market Net Revenue Share, By Business segments, 2018 (%)
Figure 175: Company 15 Sodium Carbonate Market Net Sales Share, By Geography, 2018 (%)