The Global Caustic Soda Market is expected to grow at a CAGR of 3.63% during the period 2018-2022.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is the ban on mercury cell technology. The liquid metal mercury is a cathode, which is used in one of the three chlorine production technologies. The European chlor-alkali sector had planned to phase out mercury cell technology by December 2017 because of the emission of mercury in this technology.
According to the report, one of the major drivers for this market is the increase in demand for PVC from the construction industry. PVC is produced using ethylene and chlorine as the key raw materials. Chlorine is the by-product of caustic soda production. The increase in the production of PVC will require an increase in the production of chlorine, which will further increase the production of caustic soda.
Further, the report states that one of the major factors hindering the growth of this market is the impact of caustic soda on the environment. It is highly toxic to the aquatic life and should be kept away from lakes, streams, ponds, and other water sources.
- Akzo Nobel
- Occidental Petroleum Corporation
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by Production Process
8. Customer Landscape
9. Market Segmentation by End-User
10. Regional Landscape
11. Decision Framework
12. Drivers and Challenges
13. Market Trends
14. Vendor Landscape
15. Vendor Analysis
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