U.S. Trona Market Size, Share, Growth Rate and Research 2018-2025

[Dec, 2018] The U.S. trona market size is expected to reach USD 1.53 billion by 2025 registering a CAGR of 1.7%. Growing chemical and glass manufacturing industries are projected to drive the demand for trona over the forecast period. Structural cost advantages of natural soda ash production in U.S. is projected to lower the market competition through imports.

Local manufacturers have well-established production capacities and mining techniques, which are projected to reduce the costs incurred in natural soda ash manufacturing compared to synthetic soda ash. However, higher export competition from China and Turkey is expected to remain a key challenge for the market participants. Growing product demand in air pollution control applications is expected to play a vital role in the market expansion.

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Thus, trona manufacturers need to comply with the rules and regulations regarding carbon footprint occurred during production processes. Moreover, the advent of new mining techniques along with cost-effective sourcing of trona is anticipated to contribute to the market growth. Extensive usage of soda ash in various industries, such as glass manufacturing, chemical, and detergent, is anticipated to foster the product demand in coming years. Mexico accounts for a major share of U.S. soda ash exports, followed by Brazil, and U.S. The product is also projected to witness high demand from South America and Mexico.

Further key findings from the study suggest:

• The U.S. trona market is projected to expand at a strong CAGR from 2018 to 2025

• In terms of revenue, the animal feed application segment is expected to witness a CAGR of 1.4% over the forecast period

• Soda ash application led the industry accounting for 90% of the overall market share in 2017

• Ohio state is expected to observe a steady growth over the forecast period, on account of increasing need for pollution control along with rapid industrialization

• Some of the key industry participants are Genesis Energy L.P.; FMC Corporation; Tata Chemicals Ltd.; Ciner Resources LP; Solvay S.A.; Tata Chemicals Magadi (Magadi Soda Company); Searles Valley Minerals, Inc.; and TRInternational, Inc.

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Table of Contents:

Chapter 1 Methodology And Scope
1.1 Research Methodology
1.2 Research scope and assumptions
1.3 List of data sources

Chapter 2 Executive Summary
2.1 Market Snapshot

Chapter 3 Market Variables, Trends & Scope
3.1 Market segmentation & scope
3.2 U.S. trona market size and growth prospects, 2014 - 2025
3.3 U.S. trona market value chain analysis
3.4 U.S. trona market dynamics
3.4.1 Market Driver Analysis
3.4.1.1 Rising need for flue-gas desulfurization (FGD) systems
3.4.1.2 Demand from various countries for the purest form of natural soda ash
3.4.2 Market Restraint analysis
3.4.2.1 Export competition from China & Turkey
3.5 U.S. Trona market - Porter's analysis
3.6 U.S. trona market- PESTEL Analysis
Continued...

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