India Soda Ash Market to Cross $2.8 Billion by 2025
Increasing demand from multiple end use
industries and booming construction and chemical industries to drive India soda
ash market through 2025
According to a recently released TechSci Research report, “India
Soda Ash Market Study, 2011 – 2025”, the
market of soda ash in
India is anticipated to cross $2.8 billion by the end of 2025. Growing demand
for soda ash from numerous industries such as glass, soap & detergents,
pulp & paper, etc., is expected to drive the India soda ash market during
2016 – 2025. Moreover, growing applications in construction and chemical
industries is further anticipated to positively influence the India soda ash
market during forecast period.
India’s glass industry stood
at USD3.9 billion in 2015, and the industry is forecast to grow at a CAGR of
13% during 2016-2025. Increasing rate of modernization and improving living
standards of consumers are positively influencing the demand for soda ash from
the country’s glass industry. Moreover, electronic goods like smartphones, LCDs,
laptops, are also being manufactured at a rapid pace in India, which, in turn,
is aiding the country’s glass industry, thereby driving the India soda ash
market.
“West region dominated the
India soda ash market during 2011-2025, and the same trend is expected to
continue through 2025 due to presence of large number of glass manufacturers
and detergent producers. However, the market of soda ash in the north region of
the country is expected to register highest CAGR growth during 2016 – 2025.” said
Mr. Karan Chechi, Research Director, with TechSci Research, a research based
global management consulting firm.
“India
Soda Ash Market Study, 2011 – 2025” has evaluated the future
growth potential of India soda ash market and provides statistics and information
on market size, structure and future market growth. The report intends to
provide cutting-edge market intelligence and help decision makers take sound
investment evaluation. Besides, the report also identifies and analyses the
emerging trends along with essential drivers, challenges and opportunities in India
soda
ash market.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global
clients with more than 600 premium market research studies, TechSci Research is
serving clients across 11 different industrial verticals. TechSci Research
specializes in research based consulting assignments in high growth and
emerging markets, leading technologies and niche applications. Our workforce of
more than 100 fulltime Analysts and Consultants employing innovative research
solutions and tracking global and country specific high growth markets helps
TechSci clients to lead rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]