North America Soda Ash Market

North America Soda Ash Market Size (2023-2028):

North America contributes to more than 3.4% of the global liquids production and the Soda Ash market is expected to witness steady growth in this area in the coming years. The USA and Canada are the major contributors to the North America Soda Ash market.

Market Drivers and Restraints:

Rising demands from the soap and detergents industry are one of the major driving factors for the soda-ash industry in the North American region. Sodium carbonate has an innate ability to control the pH of the water and thus it is preferred in end-user industries where water pH regulation happens.

Baking soda or Sodium bicarbonate made from light soda ash is used as animal feed, fire extinguishers, vegetable cleaning processes, blasting of metals, production of chemicals, oral care products, deodorizers, and personal care products. Sodium carbonate heptahydrate is extensively used by the brick industry as a moistening agent to decrease the amount of water needed to extrude the clay. Due to its properties such as a high melting point, and stable but hygroscopic solid, soda ash is highly utilized in industrial manufacturing. 

Factors holding back the market are:

The soda-ash market is witnessing increased competition from alternative products in the market like caustic soda, sodium silicate, etc., in the past few years. These competitors are proving to be very feasible substitutes for soda ash and thus hinder the growth of the regional market.

Market Segmentation:

North America Soda Ash Market - By Application:

• Glass
• Soaps & Detergents
• Water Treatment
• Chemicals
• Pulp & Paper
• Metallurgy

Market Regional Analysis: 

• United States 
• Mexico 
• Canada 

The soap and detergent industry is one of the fastest-growing businesses in the North American region. Other industries, such as water treatment, glass, etc., are also estimated to develop with a notable growth rate in the foreseen period in this area. The local governments have made huge investments in the growth of these sectors, which is anticipated to fuel the demand in the soda ash business.

The low cost of soda ash is benefitting the producers in the United States and some other nations. The soda ash market has still not achieved maturity in the North American region and thus there is a lot of growth opportunity still to explore. The glass industry is one of the biggest application segments of soda ash. Soda ash’s ability to control the furnace temperature is utilized heavily in the glass manufacturing process.

Impact of COVID-19 on the North America Soda Ash Market:

Coronavirus has resulted in some serious challenges to the soda ash market by impacting operations in its end-user sectors. The USA of North America has been immensely affected due to this pandemic. However, the Soda Ash market in this area saw substantial growth owing to the increased sanitation activities that became mandatory in almost all residential and commercial places. In addition to this, increased awareness of personal hygiene and self-care products boosted the demand for soda ash during this period. More investments are being made towards organic compounds but Soda Ash acts as a very good substance in many industries. Post the pandemic, the market is expected to grow at a similar rate if not more at a CAGR of 3-4%.

Key Market Players:

1. Solvay AS
2. Tronox Ltd.
3. Solvents
4. Zagros Petrochemical Company
5. Croda International
6. BASF SE

Market Recent Developments:

• Solventis signed a deal with the HCS group to finish the purchase of HC fluid business, acquiring all its assets and employees.
• In May 2020, Tronox obtained a Norwegian Titanium smelting facility to expand its presence in Europe.