Sodium Hydroxide Market analyses the report based on customer demand, supply and demand status, competitive market scenario and industry policies. The Sodium Hydroxide Market report covers all the minute details related to the industry like Technological Developments, Growth Opportunities, Threats to Market Growth, Innovative Strategies and Futuristic Market Trends.
Scope of the Sodium Hydroxide Market Report:
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
Global Sodium Hydroxide market size will increase to 42800 Million US$ by 2025, from 29800 Million US$ in 2018, at a CAGR of 4.6% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Sodium Hydroxide.
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Sodium Hydroxide Market Segment by Product Types considering Production, Revenue (Value), Price Trends:
Market Segment by Applications considering Consumption Growth Rate and Market Share:
Major Key Players of Sodium Hydroxide Market Report: 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.
Further in the Sodium Hydroxide Market research reports, following points are included along with in-depth study of each point:
- Production Analysis – Production of the Sodium Hydroxide is analyzed with respect to different regions, types and applications. Here, price analysis of various Sodium Hydroxide Market key players is also covered.
- Supply and Consumption – In continuation with sales, this section studies supply and consumption for the Sodium Hydroxide Market. This part also sheds light on the gap between supple and consumption. Import and export figures are also given in this part.
- Key Strategic Developments – The study also includes the key strategic developments of the Sodium Hydroxide market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, Global and regional growth of the leading competitors operating in the market on a global and regional scale.
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Sodium Hydroxide Market Report Includes:
- Industry Trends: Status and Outlook.
- Competitive Landscape: By Manufacturers, Development Trends.
- Product Revenue for Top Players: Market Share, Growth Rate, Current Market Situation Analysis.
- Market Segment: By Types, By Applications, By Regions/ Geography.
- Sales Revenue: Market Share, Growth Rate, Current Market Analysis.
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In a word, the Sodium Hydroxide Market report provides major statistics on the state of the Sodium Hydroxide industry and is a valuable source of guidance and direction for companies and individuals interested in the market.