Trona Market Analysis :
Trona is a non-marine evaporite mineral that is mined as the primary source of sodium carbonate. Trona is a light brown, odorless crystals used in glass manufacturing and has various other applications in many industries. It is a common source of soda ash, which is an intermediate in various industries such as glass, paper, detergents, and textile. Trona is used to filter sulfur and carbon dioxide from gases that are released from various manufacturing plants across the world, thus reducing the air pollution. Furthermore, it is used in water conditioning, and also as an additive in animal feed. Various industrial applications and rise in concerns for the environment are expected to boost the global Trona market growth during the forecast period.
COVID-19 impact analysis
The Trona market is expected to decline, owing to decrease in demand during the corona outbreak. The worldwide lockdown has caused the factories to shut down. As Trona is used majorly for air filtration in several factories, with no factories operating, the air pollution is under control, thus impacting the market growth. Many industries such as chemical, glass, and paper are shut down due to financial crisis and no demand during this period. Moreover, the shutdown of mining has caused lack of availability of Trona to produce soda ash. The disruptions in the supply chain has caused difficulties in distribution of the product. In the current scenario, the use of Trona as additive in animal feed is expected create demand for the product. However, due to various problems such as disrupted logistics and low availability of raw materials, the market is declining and is expected to be negatively impacted. However, once the industries resume operating, the expressed motives toward green and environment friendly economy will drive the market for Trona considering its role in air filtration.
Market scenario analysis
The market is strengthened by availability of huge bedded and interbedded Trona deposits. Trona is mined by conventional methods, and companies are focusing on improving their mining techniques for better product recovery. Implementation of stringent government rules on reducing air pollution from industrial operations is expected to boost the market growth as Trona helps in reducing the air pollution by filtering sulfur and carbon from chimneys. Increased use of dry sorbent injection systems in fossil fuel power plants contribute toward the market growth. The synthetic or unnatural soda ash produces several waste bi-products such as chlorides and calcium carbonate, which are usually discharged into the water bodies, thus increasing water pollution. This has increased the demand for natural soda ash. Moreover, the natural soda ash produced in the U.S with trona has been proven to emit lesser greenhouse gases as compared to the synthetic soda ash produced in China.
The production of natural soda ash from Trona is the primary driver of the market. Furthermore, the rapid growth of chemical industry and expansion of soda ash production facilities is boosting the demand of the product.
The application of Trona in filtering sulfur and carbon from flue gas has gained widespread acceptance. It enables power plants to reduce its carbon emission into the atmosphere with the help dry sorbent injection systems. Stringent government policies to control the air pollution by major power plants have propelled the product demand.
Trona is further used in animal feed as dietary buffers to control the metabolic disorders, resulting in improved quality of milk and other animal products. Moreover, rise in use of Trona as buffer for dairy cows is expected to boost the product demand.
The natural soda ash is made from mining out Trona. The excess use of Trona has led to its depletion at a faster pace. The exhaustion of natural resources in earth distresses the mineral ore sand deposits of Trona, which may lead to increase in the price of soda ash, owing to scarce availability. Moreover, the prolonged contact with Trona may cause eye and skin irritations, which can act as a restraint.
Region wise, Trona market is analyzed across North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. North America dominates the market in exports of Trona. Western Wyoming mines in the Wilkings is the world’s largest deposit of Trona minerals. Apart from the U.S, Trona is mined in other countries such as China, Mexico, and Turkey.
Key benefits of the report
- This report presents the analytical depiction of the global Trona industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Trona market share.
- The current market is quantitatively analyzed to highlight the global Trona market growth scenario.
- The report provides a detailed market analysis depending on competitive intensity and how the Market will take shape in coming years.
Questions answered in the global trona market research report:
- Which are the leading market players active in the global Trona market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What are the projections for the future that would help in taking further strategic steps?
Trona Market Report Highlights
By End Use Industry
Key Market Players
OCI Chemical Corp, American Natural Soda Ash Company, Tata Chemicals North America Corp, Magadi Soda Company, OCI Chemical Group, Genesis Energy LP, Ciner Resources LP, FMC Corporation, Searles Valley Minerals Inc, Solvay Chemicals Inc, General Chemical, Tata Chemicals, Solvay Chemicals Inc.