Global Caustic Soda Report Top 5 Players

Stratistics MRCs 2021 Caustic Soda Report Key players include - Akzo Nobel NV, Aras Petrochemical Company, Arkema S.A, Covestro AG, Dow,

Caustic soda (sodium hydroxide) is produced while producing chlorine during the electrolysis of sodium chloride. It is an inorganic compound with the formula NaOH. It is a white solid ionic compound consisting of sodium cations Na+ and hydroxide anions OH−. Caustic soda is a highly caustic base and alkali that decomposes proteins at ordinary ambient temperatures and may cause severe chemical burns. It is highly soluble in water, and readily absorbs moisture and carbon dioxide from the air. The product is highly consumed in the production of household products such as detergents, soaps, and cleaning products.
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Based on application, the pulp & paper segment is going to have a lucrative growth during the forecast period owing to the increasing usage of caustic soda in paper and pulp industry for processing of kraft pulps and extraction of lignin that binds the fiber. In addition, it is useful in the pulping and bleaching processes, and neutralization of effluent streams. Increasing demand for caustic soda in pulp and paper industry, coupled with rising demand for paper, and growing usage of newspaper and magazine across the globe is another factor expected to drive growth of the caustic soda market in the years to come.

Some of the key players profiled in the Caustic Soda Market include Akzo Nobel NV, Aras Petrochemical Company, Arkema S.A, Covestro AG, Dow, FMC Corporation, Formosa Plastics Corp, Hanwha Chemical Corporation, Occidental Petroleum Corporation, Olin Corporation, SABIC, Shin-Etsu Chemicals Co. Ltd, Solvay, Tata Chemicals Limited, and Union Chlorine LLC.
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