Caustic Soda Market 2020 Will Grow at Healthy CAGR of 5.15% by 2027 With Global Players - Dow, Olin Corporation, Tata Chemicals Ltd., Solvay

Market Insights
Global caustic soda market is set to witness a substantial CAGR of 5.15% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Increasing expansions of plant capabilities and growing demand from textile industry are the factor for the growth of this market.

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Caustic sodas are those chemicals which are mainly used for the manufacturing of strong soaps and clean drains. They are corrosive and highly reactive in nature. They are also known as sodium hydroxide. They are usually white solid & waxy in their pure form and also have the ability to get absorbed in water & create aqueous solutions. They are also used for creating frosting glass, homemade biodiesel, and other chemistry experiments.

Major Market Players Covered in the Caustic Soda Market Are:
Few of the major competitors currently working in the global caustic soda market are Dow, Olin Corporation, Tata Chemicals Ltd., Solvay, FMC Corporation, Occidental Petroleum Corporation, Formosa Plastics Corporation, U.S.A., INEOS, PPG Industries, Inc., Tosoh Corporation, Xinjiang Zhongtai Chemical Co., Ltd., Hanwha Chemical Corporation., Nouryon, Gujarat Alkalies and Chemical Limited., Westlake Chemical Corporation, Aditya Birla Chemicals, Lords Chloro Alkali Limited, Vynova Group, Sanmar Holdings Limited, Nilkanth Organics among others.

Key Developments in the Market:
• In November 2016. Gujrat Alkali and Chemicals Ltd announced the launch of their new caustic soda plant equipped with 130 MW coal-based power units in Gujarat. In December 2015 a joint venture was formed GACL-NALCO Alkalies and Chemicals for the development of this new caustic soda unit and power plant
• In September 2015, Aditya Birla Chemicals Ltd announced the acquisition of chlor-alkali division of Jayshree Chemicals Ltd (JCL) which consist of salt manufacturing facility at Pundi in Andhra Pradesh and caustic soda manufacturing unit at Ganjam in Odisha. This acquisition will help the ABCL to strengthen their position as largest manufacturer of bolster caustic acid and chlor- alkali

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Global Caustic Soda Market Scope and Segments
By Application
o Alumina
o Inorganic Chemicals
o Organic Chemicals
o Food, Pulp & Paper
o Soap & Detergents
o Textiles
o Water Treatment
o Steel/Metallurgy – Sintering
o Other

By Production Process
o Membrane Cell
o Diaphragm Cell
o Other

Regional Analysis
• Middle East and Africa
• North America
• South America
• Europe
• Asia-Pacific

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Strategic Points Covered in Table of Content of Global Caustic Soda Market:
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
11. Company Landscape
12. Company Profiles
13. Related Reports

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