In glass manufacturing, sodium carbonate acts to lower the melting point, making production more energy-efficient. In detergents, it serves as a water softener and cleaning agent, enhancing washing effectiveness. In the paper and textile industries, it is used to regulate pH and soften water. In metallurgy, sodium carbonate is utilized in the smelting of ores and the extraction of metals. In the water treatment process, it helps neutralize acidic wastewater. In the food industry, it functions as a leavening agent and acidity regulator. Additionally, in household use, sodium carbonate can be used as a cleaning agent, detergent, and culinary alkaline solution.
The upstream industries for sodium carbonate mainly involve natural soda ash mining and synthetic chemical production, supplying essential raw materials such as sodium chloride and limestone for sodium carbonate production. These industries are influenced by the natural resources and the level of chemical industry development in the production regions. The downstream industries cover glass manufacturing, chemicals, textiles, paper, food, and water treatment, all of which rely on the properties of sodium carbonate to perform various functions in their production processes.
Globally, major producers and exporters of sodium carbonate include Dow Chemical, Tata Chemicals, Hubei Xingfa Chemical Group, and Eti Soda. According to the publisher, the sodium carbonate market in Vietnam is showing a continuous growth trend.
In Vietnam, as industrialization and urbanization progress, the market demand for sodium carbonate is steadily increasing. While there are some domestic producers of sodium carbonate, Vietnam's overall production capacity is insufficient to fully meet the domestic demand. Consequently, Vietnam relies heavily on importing large quantities of sodium carbonate from overseas to supplement the domestic shortfall and ensure the smooth operation of the glass, detergent, paper, and other industries. Imported sodium carbonate not only compensates for the domestic supply gap but also ensures a stable supply of high-quality raw materials, supporting the continued development of various industries in Vietnam.
According to the publisher's data, Vietnam's total import value of sodium carbonate in 2023 was approximately USD 200 million. With market demand expected to be even stronger in 2024, Vietnam's sodium carbonate import value exceeded USD 70 million from January to May 2024. The import trend is projected to continue growing steadily in the coming years.
From 2021 to 2024, Vietnam's primary import sources for sodium carbonate included the United States, China, and Singapore, with major exporting companies such as TAIKO MARKETING (S) PTE LTD, MITSUI & CO., LTD, and SOLVAY CHEMICALS INTERNATIONAL.
In Vietnam, the primary importers of sodium carbonate are manufacturers and logistics companies related to the glass manufacturing and chemical industries. The publisher analyzes that many of these importers are foreign-invested enterprises, including international glass and chemical manufacturers' subsidiaries in Vietnam, such as TAIKO - DAI HUNG CHEMICALS, NSG VIET NAM GLASS INDUSTRIES LTD, and FLAT (VIETNAM) COMPANY LIMITED.
Overall, as Vietnam's population grows, industrialization and urbanization continue, the demand for sodium carbonate is expected to keep rising. The publisher predicts that Vietnam's sodium carbonate imports will maintain a growth trend in the coming years.
Topics covered:
- The Import Volume and Value of Sodium Carbonate in Vietnam (2021-2024)
- Total Import Volume and Percentage Change of Sodium Carbonate in Vietnam (2021-2024)
- Total Import Value and Percentage Change of Sodium Carbonate in Vietnam (2021-2024)
- Total Import Volume and Percentage Change of Sodium Carbonate in Vietnam (January-May 2024)
- Total Import Value and Percentage Change of Sodium Carbonate in Vietnam (January-May 2024)
- Average Import Price of Sodium Carbonate in Vietnam (2021-2024)
- Top 10 Sources of Sodium Carbonate Imports in Vietnam and Their Supply Volume
- Top 10 Suppliers in the Import Market of Sodium Carbonate in Vietnam and Their Supply Volume
- Top 10 Importers of Sodium Carbonate in Vietnam and Their Import Volume
- How to Find Distributors and End Users of Sodium Carbonate in Vietnam
- How Foreign Enterprises Enter the Sodium Carbonate Market of Vietnam
- Forecast for the Import of Sodium Carbonate in Vietnam (2024-2033)
Table of Contents
Companies Mentioned
- Taiko Marketing
- Mitsui
- Solvay Chemicals International
- Taiko
- Nsg Viet Nam Glass Industries
- Flat (Vietnam)
Methodology
Background research defines the range of products and industries, which proposes the key points of the research. Proper classification will help clients understand the industry and products in the report.
Secondhand material research is a necessary way to push the project into fast progress. The analyst always chooses the data source carefully. Most secondhand data they quote is sourced from an authority in a specific industry or public data source from governments, industrial associations, etc. For some new or niche fields, they also "double-check" data sources and logics before they show them to clients.
Primary research is the key to solve questions, which largely influence the research outputs. The analyst may use methods like mathematics, logical reasoning, scenario thinking, to confirm key data and make the data credible.
The data model is an important analysis method. Calculating through data models with different factors weights can guarantee the outputs objective.
The analyst optimizes the following methods and steps in executing research projects and also forms many special information gathering and processing methods.
1. Analyze the life cycle of the industry to understand the development phase and space.
2. Grasp the key indexes evaluating the market to position clients in the market and formulate development plans
3. Economic, political, social and cultural factors
4. Competitors like a mirror that reflects the overall market and also market differences.
5. Inside and outside the industry, upstream and downstream of the industry chain, show inner competitions
6. Proper estimation of the future is good guidance for strategic planning.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 80 |
| Published | August 2024 |
| Forecast Period | 2024 - 2033 |
| Estimated Market Value ( USD | $ 206 Million |
| Forecasted Market Value ( USD | $ 283.21 Million |
| Compound Annual Growth Rate | 3.6% |
| Regions Covered | Vietnam |
| No. of Companies Mentioned | 6 |
