02 August 2021
Visiongain has published a new report on Caustic Soda Market Report to 2031: Market Segment by Process (Membrane Cell, Diaphragm Cell, Others) Market Segment by Type (Liquid Caustic Soda, Solid Caustic Soda, Caustic Soda Flake, Caustic Soda Particle) Market Segment by Applications (Pulp and Paper, Textiles, Soap and Detergents, Bleach Manufacturing, Petroleum Products, Aluminum Production, Chemical Processing) PLUS COVID-19 Impact Analysis and Recovery Pattern Analysis (V-shaped, W-shaped, U-shaped, L-shaped) Profiles of Leading Companies, Region and Country.
Visiongain has estimated that the total market for Caustic Soda would be around $xx million in 2020 and is projected to grow at a CAGR of xx% during the forecast period 2021-2031. Soda is a versatile alkaline (sodium hydroxide). Its main purposes are the production of pulp and paper, alumina, soap and detergents, oil products and the production of chemicals. Other applications include treatment of water, foodstuffs, textiles, metal processing, mining and glass production. About three-quarters of end-use demand is following the development of GDP. The pulp and paper sector, used in pulping and blanching processes, waste paper de-linking, and water treatment is the largest consumer of caustic soda. Global growth is limited to the level of GDP.
China Is The Biggest Producer And Consumer Of Caustic Soda
As well as the user of caustic soda, China is the biggest producer. In addition to its huge forest reserves, the country is the biggest pulp and paper producer country in the world (22.5 percent of the land area). The industry is contemporary, highly mechanized and the work is inexpensive. As a result of government boosters, forestry cover is growing in China. Although this is a good indicator, social and environmental concerns are raised. There are also major hurdles as the world's largest importer of wood, with complicated and opaque supply systems. In the coming years, the consumption of caustic soda in the country is projected to grow with expansion in the pulp and paper industry, together with the rising demand in other industries.
Growing Demand For Paper & Paperboard To Boost The Use Of Caustic Soda
There is also a growing demand for paper & paperboard to boost the use of caustic soda to extract aluminum from its ores, thus enhancing market growth. The market expansion would likely be hindered by an energy-intensive production process and significant environmental issues. Capacity development and joint ventures are seen as a potential for the industry in future in emerging and developed regions.
There Are Over Two Hundred Manufacturers Worldwide And Mostly American And Western European Top Quality Items
The concentration on caustic soda sector is not high; there are over two hundred manufacturers worldwide and mostly American and Western European top quality items. Giant manufactures are distributed largely in the USA, Europe and China throughout the world. America's caustic soda industry focuses mostly on a number of producers such as Dow (now Olin), Axiall, OxyChem and others. Covestro is a local leader as far as Germany is concerned. In China, Shandong, Jiangsu, Hebei and Zhejiang province are the main manufacturers. Many companies have many factories, frequently close to the commodities market. There are foreign corporations, such as Asahi Kasei in Anhui Province, which have established factories in China. Some businesses frequently approach the aim market with a combined company, such as LG, which fuses with the Chemical Industry in Tianjin Bohai, China's main market.
Leading companies and the potential for market growth
Shin-Etsu Chemicals Co. Ltd
TCI Sanmar Group
Akzo Nobel NV
Grasim (Aditya Birla)
Hanwha Chemical Corporation
Occidental Petroleum Corporation
Overall world revenue for Caustic Soda Market will surpass $xx million in 2020, our work calculates. We predict strong revenue growth through to 2031.
Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.
How the Caustic Soda Market report helps you?
In summary, our 300+ page report provides you with the following knowledge:
• Visiongain Report provides detailed trend analysis of the global Caustic Soda market in the following years to determine prospective investment areas.
• Visiongain report helps you to get a thorough understanding of the factors behind the demand driving drivers of various Caustic Soda segments in the world's top expenditure countries and identify their opportunities.
• Visiongain report will enhance your understanding for Caustic Soda market, including in terms of demand drivers, trends in the industry and the latest technological developments.
• Visiongain report helps you to determine the major channels that drive the world Caustic Soda market and provide a clear picture of future opportunities, which lead to revenue expansion.
• Channel resources by focusing on current programmes implemented by the various countries on the global Caustic Soda market.
• Make the right business decisions based on an in-depth analysis of the overall competitive environment of the sector with detailed profiles of the world's leading Caustic Soda solution providers that include information on their products, alliances, recent contract winnings and financial analysis wherever possible.
The comprehensive report offers market estimation and forecast for the period ranging 2021 – 2031 for leading national markets and rest of the world. Moreover, the report contains dedicated leading companies covering 10 leading producers in the field of Caustic Soda.
The Caustic Soda Market Report 2021-2031 report will be of value to anyone who wants to better understand the market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the industry.
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