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Caustic Soda Market New Investments Expected to Boost the Demand by 2026

Caustic soda is a solid at room temperature, but since it readily dissolves in water, it is usually sold and transported as a solution of different variety concentrations. When the market product is mixed with water or an acid, the resultant is a strong exothermic reaction where heat is released, and is used as a source of energy to trigger other chemical processes.

KiranGaikwad
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Caustic Soda Market New Investments Expected to Boost the Demand by 2026

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  1. Caustic Soda Market To Reach USD 59.24 Billion By 2027

  2. Market Summary The increasing demand from textile as well as pulp and paper industries is expected to propel market demand during the forecast period.Market Size – USD 36.17 Billion in 2018, Market Growth - CAGR of 5.5%, Market Trends – High consumption of aluminum and textiles in the APAC region. The global caustic soda market is forecast to reach USD 59.24 Billion by 2027, according to a new report by Reports and Data. Caustic soda is a substance used as an ingredient or in the production of dozens of household products such as detergents, body soap, and drain cleaners. Caustic soda is a simple man-made chemical compound and comprises of one oxygen (O), one sodium (Na), and one hydrogen (H) atom, which is why it’s also known as sodium hydroxide, NaOH. Further key findings from the report suggest : • APAC dominated the market for caustic soda. China leads the consumption demand in caustic soda. Moreover, the country is the largest pulp and paper producing nation as a result of the large forest reserves. • Caustic soda is a common name for NaOH (sodium hydroxide) and is also known as lye. The demand for the type of product is forecasted to grow with a CAGR of 5.7% during the forecast period. • The membrane cell process has intrinsic ecological advantages over the two older methods, as it does not use mercury or asbestos. It is the most energy-efficient process and is incredibly safe to operate, and it produces a consistently high quality of caustic soda. www.reportsanddata.com

  3. Key Players: • Dow Chemical Company, Tata Chemicals Limited, FMC Corporation, PPG Industries, Tosoh Corporation, Nirma Limited, Hanwha Chemical Corporation, Ineos Group Limited, Formosa Plastics Corporation, and Occidental Petroleum Corporation (OXY), among others. • Segmentation: • Type Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027) Lye, Flake, Others • Manufacturing Process Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027), Membrane Cell, Diaphragm Cell, Others • Grade Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027), Reagent Grade, Industrial Grade, Pharmaceutical Grade • Applications Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027), Alumina, Food, Pulp, and Paper, Organic Chemicals, Inorganic Chemicals, Textiles, Steel/Metallurgy-Sintering, Soap and Detergents, Water Treatment, Others www.reportsanddata.com

  4. Regional Vehicle Access Control Market (Regional Output, Demand & Forecast by Countries):- • North America (United States, Canada, Mexico) • South America (Brazil, Argentina, Ecuador, Chile) • Asia Pacific (China, Japan, India, Korea) • Europe (Germany, UK, France, Italy) • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More. www.reportsanddata.com

  5. Major highlights of the report: • An all-inclusive evaluation of the parent market • The evolution of significant market aspects • Industry-wide investigation of market segments • Assessment of the market value and volume in the past, present and forecast years • Market share evaluation • Study of niche industrial sectors • Tactical approaches of the market leaders • Lucrative strategies to help companies strengthen their position in the market www.reportsanddata.com

  6. About Us: Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com www.reportsanddata.com

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