According to IMARC Group’s latest report, titled “Trona Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global trona market is expected to exhibit a CAGR of 2.48% during 2022-2027. Trona is a non-marine odorless, light brownish monoclinic mineral or crystal that is discovered in salt deposits as an evaporate. It contains a combination of sodium bicarbonate and hydrated carbonate, which helps with the production of glass and commercial soda ash extraction. Trona has water-soluble properties; therefore, it is widely utilized as a cleaning and treatment agent in the reduction of air pollution levels, water purification, and soap and detergent manufacturing applications. Apart from this, trona is further employed as a dietary buffer in animal feed to lower the risk of metabolic disorders and improve the quality and quantity of milk produced by mammals. Currently, it is used to fabricate cement, refine precious metals, and produce coal-fired electricity.
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Market Trends and Drivers:
The rising environmental concerns have prompted various industries to widely adopt trona as a key component for producing soda ash since it reduces the melting temperature of the sand and lowers greenhouse gas (GHG) emissions, which is primarily driving the trona market growth. Additionally, the growing scarcity of water across the globe and the increasing need for wastewater treatment solutions has facilitated the demand for trona owing to its water purification property. Moreover, the implementation of favorable initiatives by governments to control or lower global air pollution levels and the widespread use of flue gas desulfurization (FGD) systems in several utility and industrial boilers are favoring the market growth. Besides this, the rapid industrialization and rising use of trona to manufacture solar panels and flat automobile glasses are supporting the market growth.
Trona Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the trona market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- American Natural Soda Ash Corporation
- Ciner Resources LP (Ciner Enterprises Inc.)
- Eti Soda Elektrik
- FMC Corporation
- Genesis Energy L.P.
- Searles Valley Minerals Inc (Nirma Limited)
- Solvay Chemicals Inc. (Solvay S.A.)
- Tata Chemicals North America Inc. (TATA Chemicals Limited)
Key Market Segmmentation:
The report has segmented the global trona market based on type, end use and region.
Breakup by Type:
Breakup by End Use:
- Paper and Pulp
- Animal Feed
Breakup by Region:
- North America
- Latin America
- Middle East and Africa
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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