The Global Trona Market Market was valued at $2.9 Billion in 2020. Growing at a high CAGR of more than 2.0% between 2021 and 2031, it is estimated to reach $3.67 Billion by 2031. But due to the current COVID-19 pandemic, there might be a slight difference in the growth rate in the present year. Low emission of greenhouse gases using the trona mineral to produce soda ash will help to accelerate the growth of this market during the forecasted period.
Global Trona Market Is Estimated To Witness Remarkable Growth
Source: SAI Research
The Global Trona Market has been segmented into application and end-use. On the basis of application Global Trona Market has been segmented into Soda Ash, Animal Feed, Air Pollution Control. On the basis of end-use Global Trona Market has been segmented into Glass, Chemicals, Detergent, Others.
By Region, North America Is Holding the Major Market Share
The Global Trona Market has been geographically segmented into North America, South America, Europe, Asia Pacific, Middle East and Africa. In addition to this, North America Global Trona Market is holding the largest market share at present and is estimated to witness high compound annual growth rate during the upcoming forecasted period. use of trona to produce soda ash and environmental application has led this region dominate the market during the forecasted period. besides this, Asia Pacific is going to witness remarkable growth during the upcoming forecasted period.
Major Players in Global Trona Market
Some of the major players in Global Trona Market include Solvay Chemicals Inc., Tata Chemicals North America Inc., OCI Chemical Corp., TRInternational, Inc., Genesis Energy L.P., FMC Corp., Ciner Resources LP, Genesis Alkali, American Natural Soda Ash Company, DesertUSA, American Trona Corporation Building, Magadi Soda Company, General Chemical.
The Global Trona Market Has Been Segmented Into:
Global Trona Market, By Application Type
Global Trona Market, By End-Use Type
Global Trona Market, By Region Type