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Sodium Hydroxide (Caustic or NaOH) Market Is Booming Across the Globe Explored in Latest Report 2020 - 2025 | Top Key players Analsysis by - AkzoNobel, Hanwha Chemical, Solvay, LG Chemical, Tokuyama
Sodium Hydroxide (Caustic or NaOH) Market
The report " Sodium Hydroxide (Caustic or NaOH) Market" The quick adoption of advanced Analytics and Visualization and the expand use of outward data sources are the major drivers of the Sodium Hydroxide (Caustic or NaOH) Market. The report high Point, Potential Growth Opportunities in the coming years and covers a review of the Market Drivers, Growth Measure, Competitive Landscape, Market Dynamics, Opposition and other Feature to the Sodium Hydroxide (Caustic or NaOH) Market.
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Sodium hydroxide (NaOH) is a white solid, highly caustic metallic alkali and base of sodium. It is an inorganic compound also known as caustic soda or lye. It is available in granules, solution, flakes, and pellets. The compound is majorly used in drain cleaner, detergents, soaps, drinking water, textiles, pulp and paper, etc. The global sodium hydroxide market is expected to grow at a significant growth rate, attributed to increasing application of the compound for industrial application. The market in Asia Pacific is expected to register a relatively high growth rate over the forecast period, owing to the high growth of paper as well as textile industry across the region.
On the basis of Product Type, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into Liquid Caustic Soda, Solid Caustic Soda, Sodium Caustic Soda, Sodium Caustic Soda. Based on End Users/Applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including Pulp and Paper, Textiles, Soap and Detergents, Bleach Manufacturing, Petroleum Products.
The major factors driving growth of the global sodium hydroxide market include growing industries such as food, pharmaceuticals, textiles, construction and paper and pulp across the globe. However, major substitute for sodium hydroxide is potassium hydroxide, which is expected to restrain the market over the forecast period. Additionally, high cost of production of sodium hydroxide is also expected to create negative impact on the market
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Asia Pacific was a prominent market for Sodium Hydroxide (Caustic or NaOH)s in 2016. Among the countries in Asia Pacific, the demand was substantially high in developing countries such as China and India. These countries have been witnessing rapid increase in its population along with expansion of their overall economies, which has led to increase in disposable income. Increased spending on home interiors is fuelling the Sodium Hydroxide (Caustic or NaOH) market in Asia Pacific. There are several manufacturers of Sodium Hydroxide (Caustic or NaOH)s in Europe and North America. In North America, the demand for Sodium Hydroxide (Caustic or NaOH)s is primarily driven by the residential sector. Improved standards of living and rising usage of Sodium Hydroxide (Caustic or NaOH)s for flooring purpose are anticipated to drive the market in North America.
Some of the major players that operate in the Global Sodium Hydroxide (Caustic or NaOH) Market are Dow Chemical, OxyChem, Axiall, Olin Corporation, Formosa Plastics Corporation, Tosoh, Ineos Chlor, Asahi Glass, Covestro, Shin-Etsu Chemical, AkzoNobel, Hanwha Chemical, Solvay, LG Chemical, Tokuyama Corp, SABIC, Kemira, Basf, Aditya Birla Chemicals, GACL.
Latest Industry Updates:
Solvay announces today that it plans to stop manufacturing sodium percarbonate (SPC) products in Warrington, United Kingdom, by the end of April 2014. The site will from then on focus on extending its portfolio of Hydrogen Peroxide (H202) grades to meet growing market demand. Solvay's SPC customers will be served from the Group's sites in Rosignano, Italy, and in Bad H๖nningen, Germany, Solvay's biggest SPC site in which it recently invested to produce the improved performance grades requested by the market. Customers based in the UK will be mainly supplied from Bad H๖nningen
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Table of Contents:
1 Sodium Hydroxide (Caustic or NaOH) Definition
2 Global Sodium Hydroxide (Caustic or NaOH) Market Major Player Share and Market Overview
3 Major Player Sodium Hydroxide (Caustic or NaOH) Business Introduction
4 Global Sodium Hydroxide (Caustic or NaOH) Market Segmentation (Region Level)
5 Global Sodium Hydroxide (Caustic or NaOH) Market Segmentation (Product Type Level)
6 Global Sodium Hydroxide (Caustic or NaOH) Market Segmentation (Industry Level)
7 Global Sodium Hydroxide (Caustic or NaOH) Market Segmentation (Channel Level)
8 Sodium Hydroxide (Caustic or NaOH) Market Forecast 2020-2024
9 Sodium Hydroxide (Caustic or NaOH) Segmentation Type
10 Sodium Hydroxide (Caustic or NaOH) Segmentation Industry
11 Sodium Hydroxide (Caustic or NaOH) Cost Analysis
12 Conclusion
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