Business News Agency, January 18th According to the latest report from Global Industrial Analysis, the global soda ash market will reach 483,000 metric tons in 2015. In 2008 and 2009, the global economic turmoil brought a negative impact on the global soda ash market. The decline in demand for soda ash in mature markets was even more pronounced. However, in this economic crisis, there are some breathing opportunities for the growing Chinese market and the Indian market. Due to the increase in demand from industrial users, the global soda ash market experienced a rapid recovery in 2010.
As the report said, the Asia-Pacific region as the fastest growing soda ash market (including China and India), this region will be expected to become the world's major market for soda ash. In addition, the demand from the downstream industry chain will also increase the demand for soda ash. Soda Ash Asia Pacific's consumption growth is expected to increase by more than 3.6% in 2007 until 2015. And Europe and the United States are another big market for soda ash, and there will also be rapid growth.
As the report said, the Asia-Pacific region as the fastest growing soda ash market (including China and India), this region will be expected to become the world's major market for soda ash. In addition, the demand from the downstream industry chain will also increase the demand for soda ash. Soda Ash Asia Pacific's consumption growth is expected to increase by more than 3.6% in 2007 until 2015. And Europe and the United States are another big market for soda ash, and there will also be rapid growth.