Global Trona Market Size & Outlook, 2019-2027
Global trona market, 2016-2027 (US$M)
Related Markets
Global trona market highlights
- The global trona market generated a revenue of USD 2,804.8 million in 2019 and is expected to reach USD 3,393.9 million by 2027.
- The market is expected to grow at a CAGR (2020 - 2027) of 2.4% by 2027.
- In terms of segment, soda ash accounted for a revenue of USD 2,545.6 million in 2019.
- Soda Ash is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2019.
- Country-wise, U.S. is expected to register the highest CAGR from 2020 to 2027.
Global data book summary
| Market revenue in 2019 | USD 2,804.8 million |
| Market revenue in 2027 | USD 3,393.9 million |
| Growth rate | 2.4% (CAGR from 2019 to 2027) |
| Largest segment | Soda ash |
| Fastest growing segment | Soda Ash |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Soda Ash, Animal Feed, Air Pollution Control |
Other key industry trends
- In terms of revenue, the North America accounted for 44.4% of the global trona market in 2019.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 1,404.9 million by 2027.
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Trona Market Scope
Trona Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global trona market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to trona market will help companies and investors design strategic landscapes.
Soda ash was the largest segment with a revenue share of 90.76% in 2019. Horizon Databook has segmented the Global trona market based on soda ash, animal feed, air pollution control covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Trona Application Outlook (Revenue, USD Million, 2016-2027)
- Soda Ash
- Animal Feed
- Air Pollution Control
- Global Trona End-Use Outlook (Revenue, USD Million, 2016-2027)
- Glass
- Chemicals
- Detergent
- Others
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Target buyers of Global trona market databook
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Our clientele includes a mix of trona market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global trona market, including forecasts for subscribers. This global databook contains high-level insights into Global trona market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
Global trona market size, by regions, 2016-2027 (US$M)
Top 10 countries: Trona market size, 2019 (US$M)
Global trona market share, by application, 2019 & 2027 (%, US$M)
Trona market: Opportunity assessment by country
Global trona market, by region, 2019 (US$M)
| Application | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,165.3 | 1,194.8 | 1,222.9 | 1,245.6 | 1,224.7 | 1,256.2 | 1,276.5 | 1,313.5 | 1,347.2 | 1,376.4 | 1,428.5 | 1,484.0 | 2.2% |
| Europe | 514.6 | 526.3 | 537.3 | 531.4 | 508.1 | 520.7 | 535.5 | 552.1 | 570.7 | 591.5 | 614.7 | 636.9 | 2.3% |
| Asia Pacific | 929.4 | 954.2 | 977.9 | 970.8 | 931.9 | 958.7 | 989.6 | 1,024.3 | 1,063.0 | 1,106.0 | 1,153.9 | 1,207.0 | 2.8% |
| Latin America | 28.3 | 29.3 | 29.7 | 29.2 | 27.7 | 28.2 | 28.8 | 29.5 | 30.3 | 31.1 | 32.1 | 33.2 | 1.6% |
| MEA | 27.7 | 27.7 | 28.2 | 27.8 | 26.5 | 27.1 | 27.8 | 28.6 | 29.4 | 30.4 | 31.5 | 32.7 | 2.1% |
| Overall | 2,665.1 | 2,732.3 | 2,796.0 | 2,804.8 | 2,719.0 | 2,790.8 | 2,858.2 | 2,947.9 | 3,040.5 | 3,135.5 | 3,260.7 | 3,393.9 | 2.4% |
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