There are several uses for sodium carbonate, including the production of food, chemicals, cosmetics, and pool upkeep. Growing environmental awareness and booming glass manufacturing sectors are two reasons driving the expansion of the sodium carbonate market globally. Additionally, increased sodium carbonate consumption is predicted to spur market expansion. Furthermore, the accessibility of substitutes can prevent market increase in the near future. The manufacturing of glass, particularly flat and container glasses, has a significant market share of more than 50% due to the widespread usage of soda ash. However, during the course of the predicted time, alternatives like plastic and recycled glasses have seen a noticeable increase in use.
The size of the global Sodium Carbonate Market was estimated at US$17.32 billion in 2017, growing at a CAGR of 2.54% from 2019 to 2027.
Prominent Companies in the Sodium Carbonate Industry:
1. Solvay: Chemicals, polymers, and composites are all produced by Solvay, which is situated in Belgium. Nearly all of the company's products have top-three market positions. Built in 1862. Headquarters in Belgium at Brussels. In Rosignano, Italy, Solvay collaborates to develop a circular economy for the manufacture of soda ash.
2. Tata Chemicals (Soda Ash) Partners: A wide range of agricultural and chemical goods are produced and sold by Tata Chemicals Ltd. The company divides itself into three reportable segments: Inorganic Chemicals, which includes salt, bulk chemicals, caustic soda, marine chemicals, cement, and soda ash. Built in 1939. Indian headquarters are in Mumbai. Tata Chemicals has purchased the remaining 25% partnership interest in Tata Chemicals Partners Holdings through its wholly-owned subsidiary Valley Holdings Inc.
3. CIECH, Ciner Resources Corporation: Products made from soda ash, glass, and chemicals are produced and sold by Ciech SA. Based on product kind and function, the company is divided into four segments. Built in 1945. Headquarters in Poland's Warsaw.
4. Genesis Energy: Genesis Energy LP is a limited partnership with headquarters in the United States that specialises in the midstream sector of the crude oil and natural gas business. It works with industrial and commercial organisations as well as producers of crude oil and natural gas to provide services. Created in 1996. American headquarters in Houston. The acquisition of a large-scale solar property marks the beginning of operations for FRV Australia and Genesis Energy in New Zealand.
5. Merck Millipore: Supplier of goods and services for the biological sciences. Innovative goods from the business are utilised in research, development, and production of pharmaceutical and biotechnological drug therapies, as well as in research and application laboratories, allowing customers to access high-quality services. Built in 1954. United States headquarters in Burlington. In response to the rising need for systems that facilitate real-time release from the pharmaceutical sector, Merck Life Science and Agilent Technologies have joined forces to create process analytical technologies.
*Definition: Sodium carbonate is a diazonium salt of carbonic acid with the chemical formula Na2CO3.
