Europe Soda Ash Market to Witness Remarkable Growth, Anticipated to Attain 8.6 Million Tons by 2028, Claims IMARC Group
According to IMARC Group, the Europe soda ash market size reached 8.1 Million Tons in 2022. Looking forward, the market is expected to reach 8.6 Million Tons by 2028, exhibiting a growth rate (CAGR) of 1.1% during 2023-2028. Factors Affecting the Growth of the Europe Soda Ash Industry: Increasing Demand from Glass Industry: The European soda ash market is experiencing significant growth, primarily fueled by the burgeoning demand from the glass industry. Soda ash, being a crucial raw material in glass manufacturing, is witnessing increased utilization due to the expanding construction and automotive sectors. The construction industry's modernization, characterized by a shift towards energy-efficient and aesthetically appealing glass for buildings, continues to propel the demand for soda ash. Additionally, the automotive sector is steadily incorporating more glass components, not just in traditional applications like windows, but also in innovative uses such as panoramic roofs...