DUBLIN--(BUSINESS WIRE)--The "Caustic Soda Market by Production Process and Application: Global Opportunity Analysis and Industry Forecast, 2019-2026" report has been added to ResearchAndMarkets.com's offering.
The global caustic soda market was valued at $36.0 billion in 2018 and is projected to reach $55.8 billion by 2026, growing at a CAGR of 5.50% from 2019 to 2026.
Caustic soda, also known as sodium hydroxide and lye, is an inorganic compound composed of sodium cations Na+ and hydroxide anions OH. It is highly caustic base that decomposes proteins at normal room temperature and can cause chemical burns. Caustic soda is soluble in water and absorbs carbon dioxide and moisture from air. It is used in several applications. In addition, it is used in the manufacturing process of alumina, soap & detergents, pulp & paper, petroleum products, and chemical production.
The global caustic soda market is expected to grow significantly. Its increasing use in applications such as alumina, pulp & paper, soap & detergent, water treatment, and others drive the growth of the market. Further, with growing chemical industry, it is expected that the demand for caustic soda will also increase as caustic soda is used in manufacturing of organic and inorganic chemicals. However, high corrosive and reactive nature of caustic soda is expected to restrain the growth of the market. The global caustic soda market is yet to explore its full potential. Therefore, increase in innovation and development in manufacturing processes of caustic soda is anticipated to provide growth opportunities to the market.
The global caustic soda market is segmented on the basis of production process, application, and region. Based on the production process, the market is divided into membrane cell, diaphragm cell, and others. Based on application, the global caustic soda market is categorized into organic chemical, inorganic chemicals, alumina, pulp & paper, soap & detergent, water treatment, and others.
- Dow Chemical Company
- Occidental Petroleum Corporation
- Solvay SA
- FMC Corporation
- Eastman Chemical Company
- Arkema Group
- BAYER AG
Tata Chemicals Limited
Key Finding of The Caustic Soda Market:
- In 2018, the Asia-Pacific market held a share of over 51% in the caustic soda market and is expected to continue its dominance in caustic soda market growth.
- The U.S. is expected to hold a dominant share in the caustic soda market during the forecast period.
- The membrane cell segment is projected to grow at a CAGR of 5.30% by 2026.
- The Asia-Pacific region dominated the caustic soda market in 2018, and is expected to grow with the highest CAGR during the forecast period.
The qualitative data in the report aims on the solar PV glass market trends, dynamics, and developments in the caustic soda industry while the quantitative data provides information regarding the market share and market size in terms of revenue and volume.
Key Topics Covered:
1.1. Report Description
1.2. Key Benefits For Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools And Models
2. Executive Summary
2.1. Key Findings
2.1.1. Top Investment Pockets
2.2. CXO Perspective
3. Market Overview
3.1. Market Definition And Scope
3.2. Parent/Peer Market Overview
3.3. Key Forces Shaping Caustic Soda Market
3.3.1. Low Bargaining Power of Suppliers
3.3.2. High Bargaining Power of Buyer
3.3.3. High Threat of Substitutes
3.3.4. Highly Competitive Rivalry
3.3.5. High Threat of New Entrants
3.4. Market Evolution/Industry Roadmap
3.5. Impact of Government Regulations On The Global Caustic Soda Market
3.6. Patent Analysis
3.6.1. By Region (2012-2018)
3.7. Case Studies
3.7.1. Case Study 01
3.8. Market Dynamics
126.96.36.199. Increase In Demand For Caustic Soda From Application
188.8.131.52. Growing R&D Activities For Development of New Products And Production Processes
184.108.40.206. Hazards Associated With Caustic Soda
220.127.116.11. Emerging Chemical Sector
4. Caustic Soda Market, By Production Process
4.2. Membrane Cell
4.3. Diaphragm Cell
5. Caustic Soda Market, By Application
5.2. Organic Chemical
5.3. Inorganic Chemical
5.5. Pulp & Paper
5.6. Soap & Detergents
5.7. Water Treatment
6. Caustic Soda Market, By Region
6.2. North America
7. Competitive Landscape
7.1.1. Market Player Positioning, 2018
7.2. Product Mapping of Top 10 Player
7.3. Competitive Heatmap
7.4. Key Developments
8. Company Profiles:
8.1. The Dow Chemical Company.
8.2. Akzo Nobel N.V.
8.4. Basf Se
8.5. Arkema Group
8.6. Tata Chemical Limited
8.7. Aditya Birla Chemical (India) Ltd.
8.8. Dcw Limited (Dcw)
8.9. Gujarat Alkalies And Chemical Limited
8.10. Ghcl Ltd
8.11. Other Players
For more information about this report visit https://www.researchandmarkets.com/r/78prtk