Press release
Cost Effective Nature of Caustic Soda Market To Grow At 3.52% CAGR To 2021, Allowing its use in Water Treatment Applications
About Caustic Soda
Caustic soda is industrially produced by membrane cell, diaphragm cell, and mercury cell processes. Among these, membrane electrolysis and diaphragm electrolysis processes are widely preferred. In both these processes, sodium chloride solution is electrolytically decomposed, which results in the synthesis of caustic soda and the liberation of hydrogen gas and chlorine gas.
Technavios analysts forecast the global caustic soda market to grow at a CAGR of 3.52% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global caustic soda market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of caustic soda.
The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW
Technavio's report, Global Caustic Soda Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
AkzoNobel
Occidental Chemical
Shin-Etsu Chemical
Solvay
The Dow Chemical Company
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Other prominent vendors
Formosa Plastics
INEOS ChlorVinyls
Olin Corporation
Reliance Industries
Tianjin Tiankai Chemical Industries Import and Export Corporation
Vencorex Chemicals
Market driver
Cost effective nature of caustic soda, allowing its use in water treatment applications
For a full, detailed list, view our report
Market challenge
Environmental impact of production plants
For a full, detailed list, view our report
Market trend
Increasing capacity expansion for caustic soda production in US, Middle East, and Asia
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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