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 is an inorganic salt of sodium and carbonic acid. It is also called as soda ash, soda crystal and washing soda. It is white, odourless, hygroscopic, amorphous solid soluble in water and most of the solvent. It is used as common water softener domestically. Sodium carbonate is present naturally and can be mined for consumption. It can also produce by sodium chloride and limestone through ‘Solvay process.’ Sodium carbonate has low toxicity, however long-term contact by skin and eye or inhalation of dust may cause irritation. Ingestion of sodium carbonate can cause vomiting, diarrhea, stomach ache and nausea. Carbon dioxide is release when sodium carbonate is reacted with acids.
The North America sodium carbonate is witnessing lucrative growth during forecast period 2021 to 2027. The sodium carbonate is primarily used in chemical industry for manufacturing of glass, detergent, sodium chemicals and carbonate chemicals. The major factors like demand in water treatment applications, paper and pulp applications is propelling the growth of North America sodium carbonate market. The rising use of sodium carbonate in chemical industries is also refuelling growth of North America sodium carbonate market. However, stringent regulation for effective waste management is hampering growth of North America 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 North America 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 North America sodium carbonate market is segmented by product type, end user industries and country.
The North America sodium carbonate market is comprised of product types like natural and synthetic. In which natural is also contributing in the growth of North America sodium carbonate market. Owing to rising focus on sustainability the natural product type segment is witnessing growth. Rising preference for natural ingredients is also refuelling the growth of North America sodium carbonate market. Owing to reduced emission and less energy requirement for production there is increased consumer preferences towards the natural soda ash. This makes them more demandable in the market.
The North America sodium carbonate market is comprised of end user industries like 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 water treatment and softening is also contributing in the growth of North America sodium carbonate market. The sodium carbonate used for softening of temporary as well as permanent hardness of water. The calcium ions come from the hard water and carbonate ions from the washing soda.
The North America sodium carbonate market is studied for countries such as US, Mexico and Canada. In which US is anticipated to dominate the market in 2020. The rising mergers and acquisitions and capacity adding is propelling growth of North America sodium carbonate market. The rising economic developments is also refuelling the growth of North America sodium carbonate market. The growing industrial exigency is also contributing in the growth North America 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 States 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.
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