Caustic Soda Market Report:Industry Growth, Trends and Forecast Upto 2021
The Caustic Soda Market Research Report provides Industry analysis and evaluation of the current & prospective Market Size, Share, Trend and Growth during the study period (2014–2021).
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Caustic soda, an inorganic compound produced by electrolytic (chloroalkali) process has strong alkaline properties. Its chemical name is sodium hydroxide (NaOH) which is a white solid soluble in water, ethanol and methanol and available in pellets, flakes, granules, etc. it is used as a strong chemical base in industries like pulp and paper, textiles, drinking water, soaps and detergents, water treatment, aluminum production, food processing, and forensic applications, among others.
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Caustic soda readily reacts with elements like zinc and aluminum; hence, it is widely used in the extraction of these elements, especially alumina extraction. Caustic soda is widely used for chemical pulping, tissue digestion, dissolving amphoteric metals and compounds, esterification and transesterification reagent, food preparation, cleaning agent, etc. Applications as pulp & paper, textiles, chemicals, soaps & detergents, aluminum, food, and others segment global caustic soda market. Pulp & paper industry is the largest application of global caustic soda market.
Major player assessed in the report are :
– Dow Chemical Company
– Olin Corporation
– AkzoNobel N.V.
– Reliance Industries Limited
– Occidental Petroleum Corporation
– Tata Chemicals Limited
– Befar Group Co. Ltd.
Asia Pacific is the leading region in terms of demand for global caustic soda market especially in pulp & paper and textiles industries. China, Australia and India are adding to the demand for caustic soda in aluminum, detergents and chemical sectors. North America is facing a downfall in caustic soda market. Declining consumptions of the downstream product — PVC, has hampered the growth of the global caustic soda market, particularly in North America and Europe.
Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
SEGMENTATIONS IN REPORT :
1. Caustic Soda By Applications :
– Pulp And Paper
– Inorganic And Organic Chemicals
– Soaps And Detergents
– Others (Water Treatment, Catalysis, Etc.)
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Other Related Reports :
Global Chlor Alkali Market Research Report
Chlor alkali is a technology/process by which commodity chemicals are produced to meet industrial demand. Chlorine, caustic soda and soda ash are considered under the common head of chlor-alkali chemicals. They are used by a myriad of industries.
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