Abstract, Snapshot, Market Analysis & Market Definition: United States (USA) Trona Market
The U.S. trona market size was valued at USD 1.33 billion in 2017 and it is expected to register a CAGR of 1.7% from 2018 to 2025. The market is anticipated to be driven by increasing demand for trona from animal feed, air pollution control, and soda ash industries. Trona is primarily used to manufacture soda ash, by heating it to a very high temperature and converting it to sodium bicarbonate. Soda ash is used as a raw material in detergents, textiles, and glass. Thus, rise in the demand for soda ash is among primary factors driving the market growth.
The market is strengthened by the availability of huge bedded and interbedded trona deposits situated in Green River Basin of Wyoming. Most of the trona in the region is mined through conventional continuous as well as room and pillar mining methods. The companies engaged in mining business are focused on improving the mining technique solutions to increase product recovery.
Stringent government regulations regarding the reduction of air pollution along with increasing adoption of Dry Sorbent Injection (DSI) systems in fossil-fuel power plants is projected to boost the product demand in flue gas desulphurization market. Dry scrubbers have comparatively lower annual and capital costs than wet systems as their waste disposal is less complex and require less water. Synthetic or unnatural soda ash production leaves several byproducts, such as residual chloride, calcium carbonate, and other limestone components.
Such components are additional waste, which is discharged into waterways leading to water pollution. This is likely to contribute to the demand for natural soda ash as well as trona. U.S. trona miners are running at full utilization due to substantial demand for natural soda ash across the globe. Trona mined in U.S. has a lower (nearly 36%) Greenhouse Gas (GHG) footprint than Chinese synthetic soda ash. This is expected to drive trona mining in U.S.
Currently, the supply situation is likely to remain tight worldwide and producers in U.S. are focusing on tapping the export opportunities at attractive pricing. Top three trona producers in U.S. separately sought price increases of USD 6 per ton. Severance tax on minerals in the state of Wyoming is likely to contribute further in the industry growth and in the economic development of U.S. However, rising export competition from China along with increasing production capacity in Turkey is projected to remain a key challenge for the existing suppliers.
Market Segmentation, Outlook & Viewpoint: United States (USA) Trona Market
This report forecasts revenue growth at country level and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the U.S. trona market report on the basis of application, end-use, and state:
Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
Air Pollution Control
End-Use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
Oil & Gas (Refineries)
Air Pollution Control Technology Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
Dry Scrubbing System
Wet Scrubbing System
Air Pollution Control End-use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
Oil & Gas (Refineries)
Key Players, Recent Developments & Regional Insights: United States (USA) Trona Market
Soda ash production emerged as the largest application segment for the market. Soda ash is extensively used in glass manufacturing, water treatment, pulp and paper, and chemical industries. Rapid growth of the chemical industry along with expansion of soda ash production facilities have majorly contributed to the product demand.
Trona is also used in animal feed as dietary buffers for mitigating the metabolic disorders linked with high concentration diets. The inclusion of such a product in proper feed program of cattle has proved to increase the quality and production of milk. Rising use of trona as rumen buffer for dairy cows is projected to augment the product demand in animal feed application segment.
Trona is used in various industries, such as waste incineration, cement production, gold and other precious metal refining, and coal-fired electric power generation to effectively remove acid gases including oxides of Sulphur (SO2 and SO3), Hydrofluoric acid (HF), and Hydrochloric acid (HCL) from flue gas emission.
Application of powdered trona for Flue Gas Desulphurization (FGD) through Dry Sorbent Injection (DSI) systems has gained widespread acceptance. Its use enables the industrial plants to meet Mercury and Air Toxic Standards (MATS) and Cross-State Air Pollution Rule (CSAPR). Strict government regulations to control air pollution is also anticipated to propel the product demand over the forecast period.
Glass manufacturing emerged as the largest end-use industry. In U.S., more than half of the soda ash produced from trona is used in glass manufacturing. Increasing demand for glass from major industries, such as construction and automotive, is estimated to drive the market. Robust growth of glass container manufacturing industry is also likely to further contribute in the U.S. trona market. Product demand in the steel industry is likely to increase on account of wide usage of soda ash as dephosphorizer, dentrider, desulfurizer, and flux.
Its typical usage in blast furnace includes removal of sulfur from iron ore. Soda ash also provides fluidity to slag, which enables the blast furnace to operate continuously without aberration and flaws. Furthermore, it also helps reduce the operational and manufacturing costs of steel manufacturing. Soda ash also has high demand in waste management applications. It is widely used in the treatment of gaseous and aqueous emissions.
Rising industrial activities across the country along with low cost of the product than other alternatives for waste management are expected to propel the segment development further. Dry and wet scrubbing systems are the types of technologies used in air pollution control. Comparing both the systems, dry scrubbing system has advantages regarding the installation costs, ease of retrofit and maintenance complexity.
California and Ohio emerged as the major consumers for trona. High levels of pollution in these regions, due to the presence of factories, refineries, and fireplaces, has driven the product demand for air pollution control. As a major chunk of air pollutants is emitted from the power generation sector, the U.S. Environmental Protection Agency (EPA) has come up with regulations, which are intended to mitigate the air pollution. Growing demand for animal feed from Texas is likely to drive the market.
U.S. Trona Market Share Insights
The market competition is based on a number of factors, such as favorable logistics, consistent customer service, and prices. Manufacturers are focused on developing mining and processing techniques for cost-effective production and recovery of the minerals. American Natural Soda Ash Corporation (ANSAC) holds great significance in the industry. Being a non-profit foreign sales association, it supports its members for sale and export of the mined products.
Prominent companies involved in mining, processing, and distribution of trona and its derivatives include Genesis Energy L.P.; FMC Corp.; Tata Chemicals Ltd.; Ciner Resources LP; Solvay SA; Tata Chemicals Magadi (Magadi Soda Company); and Searles Valley Minerals, Inc.; and TRInternational, Inc. Most of these companies are the members of ANSAC.
Key Insights Covered: Global United States (USA) Trona Market
1. Market size (sales, revenue and growth rate) of United States (USA) Trona industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of United States (USA) Trona industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of United States (USA) Trona industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of United States (USA) Trona industry.
Research Methodology: United States (USA) Trona Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.