Sodium Hydroxide Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
26317 | Date :
Jan, 2023 | Pages :
192 | Region : Global |
Publisher : RI
Sodium hydroxide is also known as caustic soda, caustic, and lye. Anhydrous (100%, solid) caustic soda has a chemical formula of NaOH and a molecular weight of 40.00.
It is available commercially in the form of liquid, solid, flakes, or particles. Sodium hydroxide has diverse industrial applications due to its strong alkaline nature. It is integral to the manufacture of petroleum products, pulp and paper, alumina, textiles, and soaps and detergents, along with its application in chemical processing, water treatment and petroleum processing.
For commercial purposes, caustic soda is used either in a 32%, 45% of 50% etc. aqueous solution or as a solid. Industrially, caustic soda is most commonly manufactured by the electrolysis of a sodium chloride (NaCl) solution. The co-products formed from the electrolytic production of caustic soda are chlorine and hydrogen.
In the past several years, the price of sodium hydroxide showed a trend of fluctuations due to the change of global demand ans supply. In future, the sodium hydroxide price will be full of uncertainty and not yet on a stable footing, affected by the global economy.
China is the largest producer and consumer of sodium hydroxide, driven by its status as the workshop of the world; Currently the sodium hydroxide in China is being excess of production capacity and the government and the top players are thinking to curb overcapacity in chlor-alkali. In future, China will remain its existing status and will have more greater influence on global sodium hydroxide supply and demand. There are lots of producers in China, but most of them are small and medium-sized producers and supply the low-end price, low price and fierce competition.
North America is the second producer and consumer, and the American producers like Dow Chemical, OxyChem, Axiall and Olin Corporation, are dominating the North America market, these players also play important role in global market.
The Global Sodium Hydroxide Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global Sodium Hydroxide Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
DowDuPont
OxyChem
Westlake (Axiall)
Olin Corporation
Formosa Plastics Corporation
Tosoh
Ineos Chlor Ltd
Asahi Glass
Covestro
Shin-Etsu Chemical
AkzoNobel
Hanwha Chemical
Solvay
LG Chemical
Tokuyama Corp
SABIC
Kemira
Basf
Aditya Birla Chemicals
GACL
ChemChina
Xinjiang Zhongtai Chemical
Xinjiang Tianye
Beiyuan Group
Shandong Jinling
SP Chemical(Taixing)
Haili Chemical
Huatai Group
Wanhua Chemical (Ningbo)
Tangshan Sanyou Alkali Chloride
Zhejiang Juhua
Henan Shenma Chhlorine Alkali
Sinopec Qilu Petrochemical
Tianyuan Group
Shandong Dadi Salt Chemical
Befar Group
Inner Mongolia Elion Chemical
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Liquid Caustic Soda
Solid Caustic Soda
Caustic Soda Flake
Caustic Soda Particle In Market segmentation by applications :
Pulp and Paper
Textiles
Soap and Detergents
Bleach Manufacturing
Petroleum Products
Aluminum Processing
Chemical Processing
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Sodium Hydroxide Market for the forecast period 2023 - 2030?
• What are the driving forces in the Sodium Hydroxide Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Sodium Hydroxide industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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