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 made up of sodium and carbonic acid. It is also called as soda, soda crystal. Sodium carbonate is white, odourless, hygroscopic and amorphous solid, soluble in water and most solvents. It has an alkaline taste and give a strong alkaline solution with water. Sodium carbonate is commonly used as water softener. Sodium carbonate is naturally present across the world and can be extracted for consumption. It can also be prepared commercially from sodium chloride and limestones by “Solvay process”. It has low toxicity profiles, however, long time exposure to skin and eyes or inhalation may cause irritation. Ingestion of sodium carbonate may cause vomiting, diarrhea, stomach upset and nausea. It releases oxides of carbon when it reacts with acids or burns.
The United States sodium carbonate market is witnessing rapid growth during the forecast period of 2021 to 2027. The sodium carbonate is chiefly used in chemical industry for production of glass, detergent, sodium chemicals and carbonate chemicals. The key factors such as growing environmental consciousness among the population is propelling the growth of United States sodium carbonate market. The increasing demand for sodium carbonate from various industries is also boosting growth of United States sodium carbonate market. However, strict regulation on effective waste management by government is hindering the growth of United States 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 United States 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 United States sodium carbonate market is bifurcated into product type and end user industries.
Based on product type, the United States sodium carbonate market is segmented into the natural and synthetic. In which synthetic is estimated as dominating segment of the market in 2020. The easy manufacturing process is boosting the growth of United States sodium carbonate market. owing to ready availability of raw materials the United States sodium carbonate market. The increasing use of sodium carbonate in various industries is also propelling the growth of United States sodium carbonate market.
Based on end user industries, the United States 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 detergent and soaps are also contributing in the growth of United States sodium carbonate market. Sodium carbonate is used in most of household products. The addition of soda ash restraints the hard water from bond forming with detergents which allows more even distribution of the cleaning agent during the washing cycles. The Lye is common term used for any alkali solution which can be used for production of soap.
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, Sanyou Chemical, Hubei Yuhua, Sisecam, FMC Corporation, OCI Chemical Corporation, 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 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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