Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Sodium carbonate most commonly known as soda ash, which is white inorganic chemical with alkaline properties which finds wide spread usage in the glass, detergent, chemicals, food and feed sectors. The product reduces temperature of heating systems. Which is significant step in the glass making industry thus minimizing cost of production. It is primarily used in chemical industry for manufacturing detergents, sodium chemicals, carbonate chemicals. It is also utilized by the paper and pulp industries for paper production. Sodium carbonate is also used in industrial and municipal waste water management owing to strict regulation which requires dichlorination of waste wate treatment process.
The Europe sodium carbonate market is witnessing tremendous growth during forecast period of 2021 to 2027. The sodium carbonate is used in brine treatment, coal treatment and desulphurization of flue gas. Sodium carbonate finds major consumption in industries as well as household for elimination of hardness in water and pH adjustment of water. The major factors such as increased demand for steel, electricity and aluminium is propelling the growth of Europe sodium carbonate market. The growing industrialization is also refuelling growth of Europe sodium carbonate market. However, disposable challenges is hampering the growth of Europe sodium carbonate market.
The exclusive COVID-19 impact analysis report by axiom MRC provides a 3600 analysis of micro and macro-economic factors on the sodium carbonate market. In addition, complete analysis of changes on sodium carbonate expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on Europe economies, international trade, business investments, GDP and marketing strategies of key players present in the market. Sodium carbonate market is witnessing tremendous growth during COVID-19 pandemic owing to rise in awareness about hygienic practises. The growing widespread of COVID-19 pandemic is boosted the growth of sodium carbonate market. The rise prevalence of hygienic protocols is also refuelling growth of sodium carbonate during the COVID-19 pandemics.
The Europe sodium carbonate market is bifurcated into product type, end user industries and country.
Based on product type, the Europe sodium carbonate market is segmented into natural and synthetic. In which synthetic segment is anticipated to dominate the market in 2020. The rising application of sodium carbonate in various industries is propelling growth of Europe sodium carbonate market. The easy availability of raw materials like limestones, brine and coke is also boosting growth of Europe sodium carbonate market. Easy manufacturing process is also refuelling growth of Europe sodium carbonate market.
Based on end user industries, Europe sodium carbonate market is bifurcated into glass manufacturing, chemical manufacturing, paper manufacturing, detergent and soaps, water treatment and softening and mining. The glass manufacturing is sub-segmented into flat glass, container glass. Likewise, chemicals manufacturing is also sub-segmented into sodium chemicals and carbonate chemicals. In which chemical manufacturing industries is also contributing in the growth of Europe sodium carbonate market. The sodium carbonate is used as active pharmaceutical ingredient and is used for treatment of headache and indigestions. It is also used in various cosmetic products and for stabilization of acid base balance.
The Europe sodium carbonate market is studied for key countries such as UK, Germany, France, Italy and Spain. In which UK is anticipated to dominate the market in 2020. The rising industrialization is propelling the growth of Europe sodium carbonate market. The rising use of sodium carbonate in different industries is also refuelling growth of Europe sodium carbonate market. The rising use of sodium carbonate in construction industries is also booting growth of Europe sodium carbonate market.
The major key players such as Solvay, J. M. Loveridge Plc., Tata Chemicals (Soda Ash) Partners, CIECH, Ciner Resources Corporation, Genesis Energy, Merck Millipore, Genesis Alkali, NIRMA, Shandong Haihua, Sanyou Chemical, Hubei Yuhua, Sisecam, FMC Corporation, OCI Chemical Corporation, GHCL, Hawkins and Seidler among others.
Sep 2019: Solvay announced that they would increase its soda ash production capacity by 600 kilotonnes at its trona-based Green River site in Wyoming, the United States, to meet long-term global demand growth in various applications. In addition to this, Solvay would also expand its sodium bicarbonate capacity by 200 kilotonnes in its Devnya plant in Bulgaria, addressing worldwide demand growth for flue gas treatments which improve air quality.
July 2019: Tata Chemicals received a green nod for expansion of its soda ash plant in Gujarat at an estimated cost of Rs 1,042.07 crore. The proposal is for expansion of its soda ash plant located in Devbhumi Dwarka district from 10.91 lakh tonne per annum to 113.16 lakh tonne per annum.
June 2019: The CIECH Group launched a new production line for specialised sodium bicarbonate in Germany, for used in dialysis. The new production line of sodium bicarbonate will increase the production capacity of the factory located in Stassfurt by more than 80 percent (50,000 tonnes per year) and will also contribute to the expansion of the Group’s product portfolio by a variation of soda, used in the pharmaceutical industry.
The study comprised of sodium carbonate market based on product type and end user industry. The also imparts the dominating segment of the market. The product type segment is dominated by synthetic products and likewise end user industry segment is dominated by glass manufacturing. The study also imparts geographical section of sodium carbonate market. The United Kingdom is expected to dominate the market in 2020. The study also covers the impact of COVID-19 on the sodium carbonate market and it concludes that Sodium carbonate market is witnessing tremendous growth during COVID-19 pandemic owing to rise in awareness about hygienic practises. The growing widespread of COVID-19 pandemic is boosted the growth of sodium carbonate market. The rise prevalence of hygienic protocols is also refuelling growth of sodium carbonate during the COVID-19 pandemics. The study comprise the major key players active in the regions.
Why to buy this report
