Global Soda Ash Market: Country Overview; Value Chain Analysis; Production Process; Cost Structure; Market Dynamics: Drivers & Constraints, Industry Events, Innovations & Trends, SWOT Analysis, Porter’s Five Forces; Industry Best Practices: Sourcing Strategy, Procurement Model, Contract Structure, Negotiation Levers, Pricing Model, Key Factors Influencing the Quotation; Key Supplier Analysis, 2024-2032

Soda Ash Market Outlook

In 2028, the global Soda Ash market size is likely to attain a volume of around 71 million tons. The progress of the market throughout the projected years between 2023-2028 will be increasing at a CAGR of 2%.

The global Soda Ash industry report gives a comprehensive analysis of the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The primary driver for the market's rapid expansion is the growing population as well as the increasing usage of detergent and container glass in developing countries.

In the industry report, Asia is the most significant category spender based on the region, with China and India accounting for the largest consumption rate in the projected period owing to the burgeoning trajectories in activities in various industries; primarily, the construction, glass, paper, textiles, and cleaning chemicals industries.

Soda Ash: Industry Definition and Categorisation

Soda Ash or commonly known as sodium carbonate (Na2CO3), is a chemical compound that is also referred to as washing soda and soda crystals. It can also be classified as an inorganic compound. Soda ash is extensively employed as a cleaning agent for many household applications like laundry and various other cleaning activities.

It is also used as a critical element of many dry soap powders. The Soda Ash industry report includes segments based on type (Natural, Synthetic), by application (Glass, Chemicals, Soaps and Detergents, Metallurgy, Pulp And Paper, Others), and region (North America, Europe, Asia Pacific, The Middle East, And Africa, And South America).

The Asia Region Accounts For The Largest Share Of The Market Expansion

Asia holds the most significant share in the soda ash industry owing to the growing product demand from emerging nations like India and China.

In China, there have been rapid developments in end-user sectors like automation, chemical, and soap & detergents, boosting soda ash demand. Besides that, new plants and the overcapacity of soda ash, along with increased demand from the glass industry in the country, are key factors contributing to the market development.

In India, the extensive consumption of soap and detergents from consumers paired with developments in the building and construction sector, the rise in population, and demand from the glass industry, heavily contribute to market proliferation. Furthermore, expanding residential, industrial and chemical industries are furthering the growth of the market. Meanwhile, growing improvements in food processing and the paper industry will likely create new opportunities for market players.

Best Procurement Practices

The global Soda Ash industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by major global soda ash segmentations, such as engagement models, contract terms, and buyer and supplier negotiation levers.

Category Management Studies

Soda Ash is mainly prepared by using one of its four main production methods, namely, the Leblanc process, and the Solvay process. It is principally produced via the Solvay process. During the method, ammonia and carbon dioxide are passed into sodium chloride's saturated solution (held at a low temperature).

This activates some chemical reactions that result in sodium hydrogen carbonate formation, which is slightly soluble in the presence of sodium ions (due to the common-ion effect). As a result, the sodium hydrogen carbonate is entirely precipitated and extracted through a filtration process, following which it gets burned to yield soda ash.

Glass Manufacturing to Lead the Soda Ash Market Growth

The leading end-use in the soda ash industry propelling the product's demand would be glass manufacturing (flat glass). The market for soda ash is witnessing rapid expansion owing to the significant rise in the production of glass and ceramics products. This production seeks aid from the increasing demand from the downstream automobile and construction sector, where glass is heavily employed.

Besides glass manufacturing, soda ash has extensive usage in the production of cleaning agents like soaps, detergents, and shampoos, which are key products used in household and industrial sectors, thereby witnessing high demand.

Furthermore, the product's application in emerging rechargeable batteries and metallurgical processes will further the market expansion. Also, the growing demand for glass containers in the food and beverage industry will further aid the blooming demand.

However, the availability of soda ash substitutes in the market, such as sodium silicate and caustic soda, along with stringent environmental policies regarding the product's manufacturing, will hamper the industry's growth.

The regional markets for the industry can be divided into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.

Major Market Participants Included in the Soda Ash Industry Report

• Ciner Group
• Sisecam Group 
• Solvay
• Shandong Haihua Group
• Tata Chemicals Ltd. 
• Others

Market Landscape

The report covers an in-depth analysis of the leading industry players, including their market share, capacities, and the latest turn of events like mergers and acquisitions, agreements, partnerships, capacity expansions and plant turnarounds in the global caustic soda market.

The soda ash market is highly consolidated, with major participants accounting for the major share, which has a direct impact on the overall market. The market is extremely competitive, with players launching new products and focusing on R&D efforts. Moreover, key strategies are being adopted by the manufacturer to expand their business into the global market.

News and Development

February 4, 2023 - Gujarat Adds 11 Lakh TPA In Soda Ash Capacity Over The Approaching Years

Gujrat, India's inorganic chemicals sector, will witness a major INR 6,500 crore capital infusion as leading players line up with significant expansions. Soda ash manufacturers are all set to add up to 11 lakh tonnes per annum in cumulative capacities per year for the duration of the next 3-5 years.

• Gujarat Heavy Chemicals Limited (GHCL), the second-largest soda ash manufacturer in the country, is all set to launch a greenfield expansion with the introduction of a chemical complex that will produce light and dense soda ash in Mandvi taluka of Kutch district. This is an investment worth INR 4,000 crore.
• Tata Chemicals announced its brownfield expansion at the Dwarka plant, which accounted for an estimated INR 1,042 crore. RSPL Limited has got environmental clearance and will expand the existing plant by an extra capacity of 2,100 tonnes per day (TPD) of light and dense soda ash.