GIA announces the release of a comprehensive global report on Soda Ash markets. Global Soda Ash market is forecast to reach 70 million metric tons by 2020, buoyed by growing demand for flat glass in the construction and automotive industries, Soda Ash plant capacity expansion in the Middle East, and development of Soda Ash reserves in Turkey, Tanzania, and Kenya. Fueled by strong demand for flat glass in the construction and automotive industries in emerging economies, demand for soda ash is expected to register significant growth in the coming years.
Optimization of production capacity to balance supply and demand in Europe and China strengthened the market in recent years.
2014-05-12T13:00:00Increasing Demand for Flat Glass in Construction and Automotive Industries Drives the Global Soda Ash Market, According to New Report by Global Industry Analysts, Inc. glassonweb.com