Market Overview:
The global trona market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for trona from various applications such as power, glass, steel, cement and others. Trona is also used in waste management and oil and gas refineries. North America dominates the global trona market followed by Europe and Asia Pacific.
Product Definition:
The mineral trona is a natural sodium carbonate and hydrogencarbonate salt, Na3H(CO3)2. It forms extensive beds near the surface of the earth in arid regions. Trona is an important source of soda ash (sodium carbonate), which is used in making glass, soap, paper, and other products.
Conventional Continuous Mining Method:
The conventional continuous mining method is a type of surface mining that involves extracting minerals from the earth's surface by means of longwall and room & pillar mines. This method is used to mine all types of rocks and can be used for open-pit or underground operations. The conventional continuous mining process has been in use since the late 1800s, when it was first implemented at a large scale in Europe.
Room Mining Method:
The room mining method is used to estimate the quantity of recoverable minerals in a particular area. It involves drilling test holes and determining the dimensions of rooms and corridors between them. The method helps determine if there are any large reserves or small veins that can be mined more profitably by using advanced techniques such as hydraulic fracturing or fracking.
Application Insights:
The power application segment led the global market and accounted for more than 40% of the total revenue share in 2017. Trona is used as a desiccant, refrigerant, and wetting agent in power plants. It is also used as a material for manufacturing carbon dioxide ice machines that are utilized to cool down turbine generators at coal-fired power plants.
Global tonnage of cement production has increased significantly over the past few years owing to an increase in construction activities across developing countries such as China, India, Brazil etc. This factor has boosted product demand from this industry application segment over the forecast period.
Trona is extensively utilized in glass manufacturing process due to its high freezing point which makes it suitable for use as a formable liquid medium during processing operations such as melting & quenching (melting) and molding processes (freezing).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large base of steel manufacturing companies that use trona as a feedstock for producing high-quality carbon black. Trona is also used as an ingredient in producing cement, which forms an important part of construction industry globally. Thus, increasing demand from end-use industries coupled with growing infrastructure activities will drive regional growth over the next eight years.
The Middle East & Africa region accounted for more than 10% share of global revenue in 2017 owing to rising oil & gas production across major economies including Qatar, Saudi Arabia and UAE (UAE). In addition, rapid development witnessed across several African countries including Angola and Nigeria are anticipated to fuel product demand from power plants for enhanced oil recovery (EOR) purposes; thereby driving regional growth over the forecast period.
Growth Factors:
- Increasing demand from the glass and ceramics industry for trona as a fluxing agent.
- Growing demand for sodium carbonate in detergents, pulp and paper, textiles, and other industries.
- Increasing use of trona in water treatment applications to remove hardness and other impurities from water supplies.
- Rising production of aluminum metal using the Hall-Héroult process, which requires large quantities of sodium carbonate as an electrolyte bath additive to prevent corrosion of the aluminum cells during electrolysis; this is expected to drive continued growth in global consumption of trona ore concentrate over the next decade or so .
Scope Of The Report
Report Attributes
Report Details
Report Title
Trona Market Research Report
By Type
Conventional Continuous Mining Method, Room Mining Method, Pillar Mining Method
By Application
Power, Glass, Steel, Cement, Waste Management, Oil and Gas (refineries), Others
By Companies
Genesis Energy L.P., FMC Corporation, Tata Chemicals Ltd, Ciner Resources LP, Solvay SA, Magadi Soda Company, Searles Valley Minerals, TRInternational
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Trona Market Report Segments:
The global Trona market is segmented on the basis of:
Types
Conventional Continuous Mining Method, Room Mining Method, Pillar Mining Method
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Power, Glass, Steel, Cement, Waste Management, Oil and Gas (refineries), Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Genesis Energy L.P.
- FMC Corporation
- Tata Chemicals Ltd
- Ciner Resources LP
- Solvay SA
- Magadi Soda Company
- Searles Valley Minerals
- TRInternational
Highlights of The Trona Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Conventional Continuous Mining Method
- Room Mining Method
- Pillar Mining Method
- By Application:
- Power
- Glass
- Steel
- Cement
- Waste Management
- Oil and Gas (refineries)
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Trona Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Trona is a mineral that is found in the earth's crust. Trona can be used to make glass, ceramics, and other materials.
Some of the major players in the trona market are Genesis Energy L.P., FMC Corporation, Tata Chemicals Ltd, Ciner Resources LP, Solvay SA, Magadi Soda Company, Searles Valley Minerals, TRInternational.
The trona market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Trona Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Trona Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Trona Market - Supply Chain
4.5. Global Trona Market Forecast
4.5.1. Trona Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Trona Market Size (000 Units) and Y-o-Y Growth
4.5.3. Trona Market Absolute $ Opportunity
5. Global Trona Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Trona Market Size and Volume Forecast by Type
5.3.1. Conventional Continuous Mining Method
5.3.2. Room Mining Method
5.3.3. Pillar Mining Method
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Trona Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Trona Market Size and Volume Forecast by Application
6.3.1. Power
6.3.2. Glass
6.3.3. Steel
6.3.4. Cement
6.3.5. Waste Management
6.3.6. Oil and Gas (refineries)
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Trona Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Trona Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Trona Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Trona Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Trona Demand Share Forecast, 2019-2026
9. North America Trona Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Trona Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Trona Market Size and Volume Forecast by Application
9.4.1. Power
9.4.2. Glass
9.4.3. Steel
9.4.4. Cement
9.4.5. Waste Management
9.4.6. Oil and Gas (refineries)
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Trona Market Size and Volume Forecast by Type
9.7.1. Conventional Continuous Mining Method
9.7.2. Room Mining Method
9.7.3. Pillar Mining Method
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Trona Demand Share Forecast, 2019-2026
10. Latin America Trona Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Trona Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Trona Market Size and Volume Forecast by Application
10.4.1. Power
10.4.2. Glass
10.4.3. Steel
10.4.4. Cement
10.4.5. Waste Management
10.4.6. Oil and Gas (refineries)
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Trona Market Size and Volume Forecast by Type
10.7.1. Conventional Continuous Mining Method
10.7.2. Room Mining Method
10.7.3. Pillar Mining Method
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Trona Demand Share Forecast, 2019-2026
11. Europe Trona Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Trona Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Trona Market Size and Volume Forecast by Application
11.4.1. Power
11.4.2. Glass
11.4.3. Steel
11.4.4. Cement
11.4.5. Waste Management
11.4.6. Oil and Gas (refineries)
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Trona Market Size and Volume Forecast by Type
11.7.1. Conventional Continuous Mining Method
11.7.2. Room Mining Method
11.7.3. Pillar Mining Method
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Trona Demand Share, 2019-2026
12. Asia Pacific Trona Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Trona Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Trona Market Size and Volume Forecast by Application
12.4.1. Power
12.4.2. Glass
12.4.3. Steel
12.4.4. Cement
12.4.5. Waste Management
12.4.6. Oil and Gas (refineries)
12.4.7. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Trona Market Size and Volume Forecast by Type
12.7.1. Conventional Continuous Mining Method
12.7.2. Room Mining Method
12.7.3. Pillar Mining Method
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Trona Demand Share, 2019-2026
13. Middle East & Africa Trona Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Trona Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Trona Market Size and Volume Forecast by Application
13.4.1. Power
13.4.2. Glass
13.4.3. Steel
13.4.4. Cement
13.4.5. Waste Management
13.4.6. Oil and Gas (refineries)
13.4.7. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Trona Market Size and Volume Forecast by Type
13.7.1. Conventional Continuous Mining Method
13.7.2. Room Mining Method
13.7.3. Pillar Mining Method
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Trona Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Trona Market: Market Share Analysis
14.2. Trona Distributors and Customers
14.3. Trona Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Genesis Energy L.P.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. FMC Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tata Chemicals Ltd
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ciner Resources LP
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Solvay SA
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Magadi Soda Company
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Searles Valley Minerals
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. TRInternational
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
