Caustic Soda Market Is Bound To Make An Impact In Your Business

Caustic soda, also known as sodium hydroxide, is an odorless, highly corrosive, nonflammable white solid. It is generally produced as flakes or shiny pellets that make a slippery solution because it is highly water-soluble. 50% of caustic soda is slightly viscous in nature. It is widely used as a general-purpose industrial as well as a commercial chemical in several process industries. 

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Vendors are heavily focusing and investing in expanding their caustic soda production capacity to meet the increasing demand from end-user industries. The consumption volume of alumina and pulp and paper is increasing in APAC, South America, and MEA resulting in capacity expansion of caustic soda. Moreover, the high demand for caustic soda from the alumina and organics industries will surge the overall demand for caustic soda during the forecast period. 

Top Caustic Soda Companies 

The global caustic soda market is fragmented. To help clients improve their market positions, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this caustic soda market research report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make most of the upcoming growth opportunities.

The report offers a detailed analysis of several leading caustic soda manufacturers, including:

·         Arkema SA

·         Dow Inc.

·         INEOS Group Holdings SA

·         Occidental Petroleum Corp.

·         Olin Corp.

Westlake Chemical Corporation, one of the prominent vendors, is ramping up its caustic soda production capacity by setting up a new plant to support its production capacity expansion of vinyl chloride monomer and PVC. The growing number of alumina, PVC, and pulp mills around the world is one of the main reasons for the increasing production capacity of caustic soda around the world. This is one of the key trends boosting the growth of the caustic soda market at a CAGR of 2.48% during the forecast period.