Global Washing Soda Market 2017-2021

Overview of the global washing soda market

Market research analysts at Technavio predict that the global washing soda market will grow steadily during the forecast period and post a CAGR of more than 6% by 2021. This market research analysis identifies the advantages of washing soda in various industries as one of the primary growth factors for this market.  Properties of washing soda such as reserve alkalinity and absorption capacity which makes it suitable for household applications, personal care, and water treatment industries. The washing soda has various uses such as an electrolyte in laboratories, as a fertilizer in agriculture, enhancing the alkalinity in swimming pools. Additionally, it is also used for refining air and as a moistening agent in the brick industry. This demand from various industries will consequently fuel the growth of the market.

Industrial expansion has led to the growth of the residential construction sector and the flat glass construction industry. The increase in population has triggered the demand for increased residential construction. Since the major usage of washing soda in residential construction is in the fabrication of flat glass, this increase in population that fuels the growth of the construction and industrial sectors, will subsequently drive the demand for washing soda.

Competitive landscape and key vendors