Title: Ppt for Caustic Soda Market Research, 2024
1Caustic Soda Market Outlook and Worldwide
Foresight to 2024
Caustic Soda Market Size, Industry Analysis
Report, Regional Outlook (U.S., Canada, Germany,
UK, Italy, France, Spain, Italy, Russia, Poland,
China, India, Japan, Australia, Brazil, Mexico,
Argentina, South Africa, Saudi Arabia, Qatar,
Kuwait, UAE), Application Development Potential,
Price Trends, Competitive Market Share
Forecast, 2017 2024
2Global Market Scenario of Caustic Soda
- The caustic soda market is estimated to witness
growth from 2017 to 2024. - The growth is primarily contributed by its
increasing application in chemical industry as
well as rising demand for alumina in automotive
industry. - Further increasing demand for paper paperboard
across the globe is driving the caustic soda
market during the forecast timeframes. - Caustic soda is primarily used in various
industrial application. The major consumption is
driven by wide application in household products
such as detergent, it is basic raw material for
cleaning drain and oven. - Caustic soda is primarily used in various
industrial application. The major consumption is
driven by wide application in household products
such as detergent, it is basic raw material for
cleaning drain and oven. - Caustic soda is used for manufacturing alumina,
inorganic organic chemical, pulp paper,
textiles, detergent as well as used for water
treatment.
3Market Research Reports Key Analytical
Components
4- Product Analysis-
- The demand for pulp and paper is increasing due
to rising domestic household tissue paper
requirements, application of pulp and paper in
printing and writing paper is also growing which
will boost the demand for caustic soda. Growing
usage of magazine and newspaper across the globe
is positively impacting the caustic soda market.
Moreover, textile industry is expanding owing to
technological development and pouring investment,
hence these factors are propelling overall market
growth in coming years. -
- It serves as strong alkali chemical substance and
easily reacts with several other substances which
includes aluminum and zinc which will further
grow metallurgical applications. These factors
along with rising demand for chlorine and growing
technological advancement for processing caustic
soda is projected to drive the market demand over
coming years. - Regional Trends-
- Asia Pacific dominates the major market share for
global caustic soda by the end of 2016, whereas
North America is estimated to be one of the
fastest growing region over 2024.
Industrialisation and growing consumer demand in
developing economies like Japan, China and India
are some of the factors which are anticipated to
drive the Asia Pacific market in the coming
years. In Europe highest volume of caustic soda
is used as essential reactant for manufacturing
organic chemical.
5- Competitive Trends
- The size of global caustic soda market is
predicted to be highly competitive. Some of the
primary companies in the market are Nirma
Limited, Occidental Petroleum Corporation, Olin
Corporation, Formosa Plastics Corporation,
Xinjiang Zhongtai Chemical Co. Ltd.,PPG
Industries, Tosoh Corporation, Dow Chemical
Company, Hanwha Chemical., FMC Corporation,
Kemira, Solvay SA, Bayer MaterialScience., FMC,
Arkema and SABIC.
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