According to a new market research report published by sheer analytics and insights, “The Global Trona Market Market was valued at $2.9 Billion in 2020. Growing at a high CAGR of more than 2.0% between 2021 and 2031, it is estimated to reach $3.67 Billion by 2031", as per the latest market research report titled Global Trona Market - Global industry analysis, size, share, growth, trends, and forecast, 2021 – 2031.
Low-emission of greenhouse gases using the trona mineral to produce soda ash will help to accelerate the growth of this market during the forecasted period. Increased stringent pollution control requirements for the new power plants have actually doubled the production cost of electricity in recent years. This in turn has helped to drive the growth of the market during the forecasted period.
Geographically, The Global Trona Market is divided into global regions like North America, Europe, Asia- Pacific, South America, Middle East, and Africa.
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The primary key players in Global Trona Market include Solvay Chemicals Inc., Tata Chemicals North America Inc., OCI Chemical Corp., TRInternational, Inc., Genesis Energy L.P., FMC Corp., Ciner Resources LP, Genesis Alkali, American Natural Soda Ash Company, DesertUSA, American Trona Corporation Building, Magadi Soda Company, General Chemical.
The Global Trona Market Has Been Segmented Into:
Global Trona Market, By Application Type
- Soda Ash
- Animal Feed
- Air Pollution Control
Global Trona Market, By End-Use Type
- Glass
- Chemicals
- Detergent
- Others
Global Trona Market, By Region Type
- North America
- USA
- Canada
- Mexico
- Rest of North America
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- India
- China
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America, Middle East & Africa
- Brazil
- South Africa
- UAE
- Rest of LAMEA
Click full report at https://www.sheeranalyticsandinsights.com/market-report-research/trona-market-21
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