Press Release

Soda Ash Market Size to Reach USD $31.12 Billion, Globally, By 2030 at CAGR of 4.2% – IndustryARC

The rising popularity of flavored alcoholic beverages and healthier alternatives has led to a worldwide demand for ready-to-drink sparkling beverages like soda water.

The Global Soda Ash market size is set to grow at a CAGR of 4.2% and to reach $31.12 billion during the period 2024-2030.  Club Soda is a carbonated drink added with minerals like sodium bicarbonate, sodium citrate, potassium bicarbonate, potassium sulfate, and disodium phosphate & also flavored with spices or fruit juices. It’s also known as sparkling water, soda water, and seltzer water. Club Soda is a refreshing alternative to soda and other sugary drinks, which increase the risk of obesity and type 2 diabetes. According to studies, drinking soda water can help relieve constipation symptoms like stomach pain and irregular bowel movements. Club Soda is made by adding carbon dioxide to purified or filtered water. Club soda can be generated either naturally or by the carbonation process. It has a lower mineral concentration than seltzer but a higher mineral content than normal drinking water.

Gluten-free beverages have gained significant popularity among health-conscious consumers, as people with celiac disease or allergies discover the benefits of gluten-free beverages, and gluten-free soda water has proven to be beneficial for people suffering from inflammatory diseases and autoimmune disorders. The rising popularity of flavored alcoholic beverages and healthier alternatives has led to a worldwide demand for ready-to-drink sparkling beverages like soda water. Several manufacturers are also producing novel product varieties to broaden their existing product portfolio. Increased demand for low alcohol, low calorie & low carbohydrate beverages propelling the growth of the Club Soda water market, as well as brand awareness advertising by manufacturers, are the fundamental reasons driving the Club Soda market sector during the forecast period 2024-2030.

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Global Soda Ash Market Current and Future Trends:

Shift Towards Green and Sustainable Production: With increasing environmental concerns, there’s a significant push towards sustainable manufacturing processes in the soda ash industry. This includes adopting cleaner technologies, reducing carbon footprints, and minimizing waste generation.

Rising Demand for Synthetic Soda Ash: Synthetic soda ash is gaining traction due to its higher purity levels and more controlled production processes. Industries such as glass manufacturing and chemicals prefer synthetic soda ash for better quality control and efficiency.

Expanding Applications in Water Treatment: Soda ash’s role in water treatment processes, particularly in pH regulation and softening, is growing. As water scarcity becomes a global issue, the demand for soda ash in water treatment applications is expected to rise significantly.

Technological Innovations and Process Improvements: Ongoing research and development efforts are leading to technological advancements in soda ash production. Improved processes are resulting in higher yields, reduced energy consumption, and lower production costs, driving market competitiveness.

Growing Market in Emerging Economies: Rapid industrialization and urbanization in emerging economies, especially in regions like Asia-Pacific, Latin America, and Africa, are driving the demand for soda ash. These regions offer significant growth opportunities for soda ash manufacturers and suppliers.

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Global Soda Ash Market Report – Scope:

The Global Soda Ash Market has been By Process, By Type, By Grade, By Application, By End User and By Geography. The report provides insights into the market dynamics, including market drivers and challenges.

Global Soda Ash Market with top country data and analysis. The report also highlights the market potential, growth rates, and alternative relevant statistics.

The competitive landscape section features company profiles of major players such as Solvay, Tata Chemicals Limited, Shandong Haihua Group Co., Ltd., CIECH SA and Genesis Energy LP. This report is a valuable source of guidance and direction for companies and individuals interested in the Global Soda Ash market.

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The top 10 players in the Global Soda Ash industry are:

  1. Solvay
  2. Tata Chemicals Limited
  3. Shandong Haihua Group Co., Ltd
  4. CIECH SA,
  5. Genesis Energy LP
  6. GHCL Limited
  7. Bashkir Soda Company
  8. Tokuyama Corporation
  9. Keshariya corporation
  10. DCW Ltd.

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Browse More Trending Reports related to Global Soda Ash Industry By IndustryARC:

  • Club Soda Market Size is estimated to reach $16.8 billion by 2027. Furthermore, it is poised to grow at a CAGR of 5.6% over the forecast period of 2022-2027.
  • India Soda Ash Market size is forecast to reach US$1.7 billion by 2027, after growing at a CAGR of 5.7% during the forecast period 2022-2027.
  • Latin America Soda Ash Market Growth of the Latin America soda ash market is mainly attributed to its wide-ranging applications across chemical, soaps & detergent, water treatment, and various other end-user industries.

 

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