global caustic soda market

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Butane Market Global Industry Analysis, Trends,
Market Size Forecasts to 2023
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Infinium Global Research has added a new report
on Global Caustic Soda Market. The report
predicts the market size of Caustic Soda is
expected to reach XX billion by 2023. The global
caustic soda market is expected to grow with a
CAGR between 3.5 and 4.7 from 2017 to 2023.
Caustic soda is also known as lye, sodium
hydrate, and sodium hydroxide. Caustic soda is an
inorganic odorless material with strong base and
highly corrosive properties. It dissolves in
ethanol, methanol, and water. Caustic soda is
also available in solid forms such as flakes,
granules, and pellets. It is obtained as a
co-product, during the electrolytic process for
the manufacturing of chlorine, using technologies
such as diaphragm cells, mercury cells and
membrane cells. Sodium chloride is the base raw
material for the process and it splits during the
electrolytic process to give sodium and
chlorine. The sodium further reacts with water in
the cells to provide caustic soda and hydrogen.
Caustic soda produced by lime soda process has
lesser quality. Caustic soda is a good reactant
and hence finds application in the extraction of
metals such as alumina and zinc. Moreover, it is
widely used for the production of various
inorganic chemicals. Caustic soda finds several
applications as an auxiliary chemical in
industries such as pulp paper, textiles, oil
gas, detergents, cleaning products and others.
Additionally, caustic soda finds application for
the acids neutralization, pharmaceutical
compounds synthesis, and rubber recycling. Market
Insights Caustic soda garners a share of more
than 40 among the inorganic chemicals in terms
of volume of consumption worldwide. Demand from
the organic chemicals industries account for a
significant portion of the volume of caustic
soda market. The increasing demand from end user
industries such as pulp, paper, and textiles is
expected to the drive the growth of the global
caustic soda market. The increasing demand for
alumina from the automobile industry is boosting
the growth of the global caustic soda market
during the estimated period. Owing to the
stringent regulations opted by governments in
various countries for many industries for the
environmental harm caused by the highly corrosive
as well as reactive traits of caustic soda is a
major restraining factor hampering the growth of
the global caustic soda market. The prospects of
global caustic soda market depend on the demand
for chlorine, as caustic soda is a co-product
obtained during the chlorine manufacturing
process. The lower demand for chlorine from PVC
manufacturing industry is expected to influence
the volume of production of the caustic soda
during the forecast period. As production of
caustic soda involves higher power consumption,
market growth is expected to face a major
challenge of higher manufacturing cost. Higher
price fluctuation for caustic soda in the
commodities spot market is also expected to pose
a major restraint for the major players in the
market during the forecast period. Get a Sample
Report _at_ https//www.infiniumglobalresearch.com/Re
ports/MakeSampleRequest/68
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• Segments Covered
• The report segments the global caustic soda
  market by application and region. On the basis of
  application, the market is segmented as alumina,
  detergents, food, inorganic chemicals, organic
  chemicals, pulp paper, soaps,
  steel/metallurgy-sintering, textiles, water
  treatment, and others.
• Company Profiles
• Formosa Plastics Corporation Hanhwa Chemical
  Corporation Ineos Group Limited
• Occidental Petroleum Corporation PPG Industries
• Solvay SA
• Tata Chemicals
• The Dow Chemical Company Tosoh Corporation
• Xinjiang Zhongtai Chemical Co. Ltd.
• Make an Enquiry _at_ https//www.infiniumglobalresear
  ch.com/Reports/MakeEnquiryRequest/68
• Key topics covered
• Preface
• Executive Summary
• Global Caustic Soda Market Overview
• Global Caustic Soda Market IGR Snapshots
• Global Caustic Soda market by Application (USD
  Million, KT) 2017 2023