Showing posts with label Global Soda Ash Industry Research Report. Show all posts
Showing posts with label Global Soda Ash Industry Research Report. Show all posts

Thursday, May 7, 2020

Global and Indonesia Soda Ash Industry Future Outlook: Ken Research

Country Outlook
Indonesia, being one of the highest South-East Asian economies is highly dependent on imports for most of its industrial products. Being devoid of any soda ash manufacturing plant, Indonesia is ranked 3rd worldwide for soda ash imports to meet the requirements for rapidly growing local end-user industries.
Positives and Negatives
Setup of Soda Ash the manufacturing plant will meet the End User Industry consumption requirements in Indonesia and other southeast Asian countries. Growing government focus on making Indonesia a base for promoting exports of glass and planned infrastructural investment in the future will augment growth with profitable opportunities in the country. Furthermore, long term partnerships can be established with the players as the growing household possession of dishwashers and washing machines will drive the demand for soap and Detergents industry in the future.
global-and-indonesia-soda-ash-industry
However, contrarily, the Indonesian industry is paying an average gas price of $9.2 per MMBtu to the domestic glass manufacturers, while its regional peers that include Singapore, Thailand, and Malaysia enjoy prices below $6 per MMBtu. Manufacturers are facing high production costs and are still waiting for the government to cut prices despite repeated government assurances. This can restrict the production of glass and hence demand soda ash as raw material for the country.
Is it the right time to enter?
Government is encouraging investors for the immediate realization of the construction of soda ash a factory in Indonesia with respect to the funding and investments required for the setup, the Director-General of IKTA (Chemical, Textile, and Multifarious Industries) got proposals from three potential investors for the setup of the plant in the country.
Moreover, with respect to the official data, the low minimum wage rate of the country compared to the other South-Asian countries including China and Thailand, posed an opportunity for the manufacturers to get cheap labor in the country. The favorable factors promote the setup of soda ash manufacturing plant in the country. According to Ken Research Estimates, the new production plant of Soda Ash in Indonesia could break even in the next 3-5 years. With approximately 1 million tons of annual consumption needs, (currently being met by imports), the country poses favorable conditions to set up a new Soda Ash Manufacturing Plant.
 Analysts at Ken Research in their latest the publication "Global and Indonesia Soda Ash Industry Outlook to 2024" observed that Soda Ash Industry in Indonesia will foresee growth due to escalating demand from the end-user industries and promotion of growth in the industry through government initiatives and investments.
Key Target Audience: -
Soda Ash Manufacturers
Soda Ash Distributors
Chemicals Industry
Glass Industry
Soaps and Detergents Industry
Industry Associations
Government Associations
Government Agencies
Private Equity and Venture Capitalist Firms
Time Period Captured in the Report:
Historical Period: 2012 – 2019(P)
Forecast Period: 2019 – 2024F
Companies Covered:
Manufacturers
Solvay
Nirma
Ciner
TATA Chemicals
Genesisalkali
CIECH Group
Distributors
ANSAC
PT Lautan Luas
PT AKR Corporindo
Key Topics Covered in the Report: -
Global Soda Ash End Users
Asia Soda Ash Market
Ciner Soda Ash Production Capacity
Global Glass Industry Report
Global Glass Market Industry
Global Laundry Detergent Industry Revenue
Global Natural Soda and Synthetic Soda Ash Market
Global Natural Soda Ash Consumption Market
Global Players Soda Ash Market
Global Soda Ash Consumption Market
Global Soda Ash Production in Thousand Million Metric Tons
Household Cleaners Global Market Size
Solvay Soda Ash Market Future
Synthetic Soda Ash Consumption Market
TATA Chemicals Market Revenue Share
For More Information on the research report, refer to below link: -
Related Report by Ken Research: -
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Monday, March 30, 2020

Global Soda Ash Industry Research Report: Ken Research



Soda Ash is considered to be among one of the top 5 major inorganic chemicals at the global level wherein the major production happens through the Synthetic process. Due to the high concentration of Natural Soda Ash Reserves in the US, the production process has been shifting from Synthetic to Natural. Even though the pattern is shifting, 75% of production is done through synthetic mode worldwide with the high scope of revenue from down-stream industries.
Environmental Challenge
Mining of Soda Ash from Natural resources implied exhaustion and depletion of Trona ores, resulting in low volume and high soda ash prices. Emission of ~60 Mt (Source: Ken Research Analysis) of CO2 gas during the soda ash production process and sulfur oxides during its transportation through vessels have raised alarms for serious Environmental concerns across the world and therefore called for stringent regulations and restricted processes.
Global Soda Ash Market
Impact of Stringent Regulations
Such emission norms caused a significant decline in supplies from countries majorly Europe and China (with the highest concentration of manufacturing capacity) due to high production costs. Environmental checks to improve industrial waste caused supply-demand difference and resulted in price fluctuations across the globe. Moreover, with the new regulations, manufacturers in the industry are required to either upgrade their existing machinery or replace the old factories with new ones to meet new environmental standards.
Is there a room for Growth?
Reduced production and process up-gradation costs pave way for enlarged opportunities for countries like Turkey, to augment their products in the future so as to meet the worldwide steady soda ash demand. A noteworthy growth rate of 6%-7% has been witnessed in the Synthetic soda ash production process segment due to its rising availability as a raw material to the global glass (largest application sector) manufacturing industry.
Opportunity for South Asian Countries
With infrastructural support to Middle-east and Asian Pacific countries (China, Thailand, Vietnam, Indonesia) development of domestic and commercial buildings, Household Detergents and Water Treatment industry in such Countries will upsurge their soda ash consumption Indonesia, being the 3rd largest importer of soda ash now has the opportunity to set up their first manufacturing plant in the country to meet this rising demand domestically and from neighbouring nations.
Key Target Audience: -
Soda Ash Manufacturers
Soda Ash Distributors
Chemicals Industry
Glass Industry
Soaps and Detergents Industry
Industry Associations
Government Associations
Government Agencies
Private Equity and Venture Capitalist Firms
Time Period Captured in the Report:
Historical Period: 2012 – 2019(P)
Forecast Period: 2019 – 2024F
Companies Covered:
Manufacturers
Solvay
Nirma
Ciner
TATA Chemicals
Genesisalkali
CIECH Group
Distributors
ANSAC
PT Lautan Luas
PT AKR Corporindo
Key Topics Covered in the Report: -
Global Soda Ash Market
Global Soda Ash Industry
Asia Soda Ash Market
Soda Ash Indonesia
Household Cleaners Global Market Size
Indonesia Glass Industry Revenue
Growth Rate of Indonesia Glass Industry
Global Players Soda Ash Market
Global Soda Ash Consumption Market
Soda Ash Factory Indonesia
Global Soda Ash Market Research Report
Global Soda Ash Industry Research Report
Production Costs of Soda Ash Indonesia
For More Information on the research report, refer to below link: -
Related Report by Ken Research: -
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249