SODIUM CARBONATE MARKET ANALYSIS
Market Regional Analysis
Asia Pacific region accounts for the largest market share in the global sodium carbonate market during the forecast period. Increasing demand for sodium carbonate from emerging economies such as India, Japan, China, South Korea, Taiwan, Indonesia, and Thailand is expected to boost the market growth in the near future. Moreover, India and China are the two of the most populated countries in the region and increasing disposable income and purchase power parity is expected to boost the demand for sodium carbonate and subsequently support the market growth. Furthermore, North America and Europe have a very low rate of growth, due to high labor and land cost, stringent regulations.
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