Caustic Soda Market to Exceed USD 53 billion, growing at a CAGR of 5.6% between 2017 and 2026

Tuesday, March 27, 2018 6:46 AM UTC

NEW YORK, March 27, 2018 -- Global Caustic Soda Market is valued at USD 32.6 billion in 2017 and is expected to reach USD 53.23 billion by the end of 2026, growing at a CAGR of 5.6% between 2017 and 2026. Caustic soda is the common name for sodium hydroxide (NaOH). Caustic soda is an alkali salt which is also called Lye. Sodium hydrate is caustic or corrosive. Because of this chemical identity, it is known as caustic soda. Caustic soda is a waxy, white solid in its pure form. It readily absorbs water and forms aqueous solutions. Sodium hydroxide is a by-product of chlorine production.

Sodium hydroxide is used to manufacture a variety of medicines and pharmaceutical products. It is used in manufacturing of soaps and a variety of detergents that are applicable in homes and commercial applications. It is also used in the production of fuel cell. Sodium hydroxide is used by municipal water treatment facilities to control water acidity and to help remove heavy metals from water. It is also used in paper making and paper recycling processes. Several food processing applications uses Sodium hydroxide. Sodium hydroxide is used in many other industrial and manufacturing processes such as extraction of alumina, manufacturing of rayon, spandex, explosives, epoxy resins, paints, glass and ceramics.

Global down feather market has significantly increased over the recent past. The market is highly attractive due to the increasing demand for down and feather products all over the world, especially from emerging economies. This is expected to drive the market. With increasing urbanization across the small and large cities, rise in consumer purchasing power, rise in consumer preference toward luxury and comfort and modernizing of lifestyle habits are some of the parameters likely to influence the demand for down and feathers from the apparel and home furnishing industry.

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Caustic Soda Market: Product Type Analysis

• Liquid Caustic Soda
• Solid Caustic Soda
• Caustic Soda Flake
• Caustic Soda Particle

Caustic Soda Market: End Users / Application Analysis

• Pulp and Paper
• Textiles
• Soap and Detergents
• Bleach Manufacturing
• Petroleum Products
• Aluminum Production
• Chemical Processing

Caustic Soda Market report delivers comprehensive analysis of:

• Market Forecast for 2018-26
• Market growth drivers
• Challenges and Opportunities
• Emerging and Current market trends
• Market player Capacity, Production, Revenue (Value)
• Supply (Production), Consumption, Export, Import analysis
• End user/application Analysis

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Caustic Soda Market: Competitive Analysis

Global Caustic Soda market competition by top manufacturers/players, with Caustic Soda sales volume, Price (USD/MT), revenue (Million USD) and market share for each manufacturer/player; the top players includes:

• Dow Chemical

• OxyChem

• Axiall

• Olin Corporation

• Formosa Plastics Corporation

• Tosoh

• Inovyn

• Asahi Glass

• Covestro

• Shin-Etsu Chemical

• AkzoNobel

• Hanwha Chemical