The Sodium Hydroxide by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Sodium Hydroxide, The sodium hydroxide market size has grown strongly in recent years. It will grow from $38.67 billion in 2023 to $40.66 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to pulp and paper industry growth, chemical manufacturing demand, soap and detergent production, water treatment applications, petroleum industry applications, metal processing.
The sodium hydroxide market size is expected to see strong growth in the next few years. It will grow to $49.78 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to expansion of renewable energy, increased focus on sustainable practices, pharmaceutical manufacturing, biodiesel production, expansion of electronics industry. Major trends in the forecast period include membrane cell technology, biotechnology applications, advanced materials manufacturing, sustainable production practices, global economic trends impact.
The growing pulp and paper industry is expected to propel the growth of the sodium hydroxide market going forward. The pulp and paper industry includes businesses that manufacture pulp, paper, paperboard, and other such products. Sodium hydroxide in soda pulping or caustic soda in the kraft process is used to break the lignin bonds of wood being processed into pulp for papermaking. Sodium hydroxide is used as the cooking chemical in the soda pulping process to create wood pulp. The increasing demand from the pulp and paper industry will drive the sodium hydroxide market. For instance, in 2023, according to the Pulp and Paper Analysis, a report released by the International Energy Agency, a Paris-based autonomous intergovernmental organization, global paper production achieved a historic high, reaching 417 million metric tons in 2021, marking a 4% rise compared to the previous year. Also, the global paper and paperboard demand is expected to grow by 1% annually by 2030. Therefore, the growing pulp and paper industry is driving the growth of the sodium hydroxide market.
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The sodium hydroxide market covered in this report is segmented –
1) By Product Form: Liquid Form, Solid Form
2) By Production Process: Membrane Cell, Diaphragm Cell, Other Production Process
3) By Application: Textile, Pulp and Paper, Soaps and Detergent, Dyes and Inks, Pesticides, Pharmaceuticals, Water Treatment, Petrochemicals, Other Applications
Top Major Players:
- Aditya Birla Chemicals Ltd.
- BASF SE
- Bayer AG
- BSC Chemicals
- Covestro AG
Asia-Pacific was the largest region in the sodium hydroxide market in 2023.
Product innovation is a key trend gaining popularity in the sodium hydroxide market. Major companies operating in the sodium hydroxide market are focused on launching innovative products to strengthen their position in the market. For instance, in March 2021, Vynova, a UK-based chemicals company that specializes in manufacturing a wide range of industrial products and consumer goods including PVC and Chlor-Alkali, launched the world’s first renewable caustic soda with ISCC PLUS certification. Vynova employs electricity produced from renewable energy sources including wind, solar, aerothermal, geothermal, or water (including hydrothermal sources, waves, and tides) in its membrane electrolysis process to produce its renewable caustic soda. Its renewable caustic soda will assist clients in a range of industries in producing more environmentally friendly goods because it has a substantially smaller carbon footprint than caustic soda that is manufactured conventionally.
The sodium hydroxide market report table of contents includes:
1. Executive Summary
2. Sodium Hydroxide Market Characteristics
3. Global Sodium Hydroxide Market Trends And Strategies
4. Sodium Hydroxide Market - Macro Economic Scenario
5. Global Sodium Hydroxide Market Size and Growth
…….
26. Global Sodium Hydroxide Market Competitive Benchmarking
27. Global Sodium Hydroxide Market Competitive Dashboard
28. Key Mergers and Acquisitions Sodium Hydroxide Market
29. Sodium Hydroxide Market Future Outlook and Potential Analysis
30. Appendix
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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.
Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/98874/global-sodium-hydroxide-2021-2027-799For commercial purposes, caustic soda is used either in a 32%, 45% of 50% etc.
The co-products formed from the electrolytic production of caustic soda are chlorine and hydrogen.Dow Chemical, Oxychem, Westlake (Axiall), Olin Corporation, and Formosa Plastics Corporation are the leading sodium hydroxide players, the top 5 accounting for approximately 25% of the total market.China is the largest producer of sodium hydroxide, accounting for about 33% of the total market, followed by North America with 20% market share.In 2020, the global Sodium Hydroxide market size was US$ 34400 million and it is expected to reach US$ 47120 million by the end of 2027, with a CAGR of 4.6% during 2021-2027.Global Sodium Hydroxide Scope and Market SizeSodium Hydroxide market is segmented by region, by country, company, type, application and by sales channels.
The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.Segment by Type, the Sodium Hydroxide market is segmented intoLiquid Caustic SodaSolid Caustic SodaCaustic Soda FlakeCaustic Soda ParticleSegment by Application, the Sodium Hydroxide market is segmented intoPulp and PaperTextilesSoap and DetergentsBleach ManufacturingPetroleum ProductsAluminum ProcessingChemical ProcessingOtherRegional and Country-level Analysis:North AmericaUnited StatesCanadaAsia-PacificChinaJapanSouth KoreaIndiaSoutheast AsiaAustraliaRest of Asia-PacificEuropeGermanyFranceU.K.ItalyRussiaNordic CountriesRest of EuropeLatin AmericaMexicoBrazilRest of Latin AmericaMiddle East & AfricaTurkeySaudi ArabiaUAERest of MEACompetitive Landscape and Sodium Hydroxide Market Share AnalysisSodium Hydroxide market competitive landscape provides details and data information by companies.
The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021.
Details included are company description, major business, Sodium Hydroxide product introduction, recent developments, Sodium Hydroxide sales by region, type, application and by sales channel.The major companies include:DuPontOxyChemWestlake (Axiall)Olin CorporationFormosa Plastics CorporationTosohIneos Chlor LtdAsahi GlassCovestroShin-Etsu ChemicalAkzoNobelHanwha ChemicalSolvayLG ChemicalTokuyama CorpSABICKemiraBasfAditya Birla ChemicalsGACLChemChinaXinjiang Zhongtai ChemicalXinjiang TianyeBeiyuan GroupShandong JinlingSP Chemical(Taixing)Haili ChemicalHuatai GroupWanhua Chemical (Ningbo)Tangshan Sanyou Alkali ChlorideReasons to Purchase Our Research Report:1.
The latest trending report Global Sodium Hydroxide Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The Sodium Hydroxide market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.This report also researches and evaluates the impact of Covid-19 outbreak on the Sodium Hydroxide industry, involving potential opportunity and challenges, drivers and risks.
We present the impact assessment of Covid-19 effects on Sodium Hydroxide and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.
).Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/29452-sodium-hydroxide-market-analysis-reportThe major players covered in Sodium Hydroxide are:DowDuPontAsahi GlassOlin CorporationOxyChemIneos Chlor LtdWestlake (Axiall)Shin-Etsu ChemicalTosohFormosa Plastics CorporationCovestroTokuyama CorpBasfAkzoNobelGACLSABICLG ChemicalHanwha ChemicalAditya Birla ChemicalsKemiraSolvayHaili ChemicalChemChinaSP Chemical(Taixing)Shandong JinlingWanhua Chemical (Ningbo)Beiyuan GroupTangshan Sanyou Alkali ChlorideXinjiang Zhongtai ChemicalHuatai GroupXinjiang TianyeBy Type, Sodium Hydroxide market has been segmented intoLiquid Caustic SodaSolid Caustic SodaCaustic Soda FlakeCaustic Soda ParticleBy Application, Sodium Hydroxide has been segmented into:Pulp and PaperTextilesSoap and DetergentsBleach ManufacturingPetroleum ProductsAluminum ProcessingChemical ProcessingThe report offers in-depth assessment of the growth and other aspects of the Sodium Hydroxide market in important countries (regions), including:North America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India and Southeast Asia)South America (Brazil, Argentina, etc.
)Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Sodium Hydroxide Market @ https://www.decisiondatabases.com/contact/download-sample-29452The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Sodium Hydroxide product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Sodium Hydroxide, with price, sales, revenue and global market share of Sodium Hydroxide in 2018 and 2019.Chapter 3, the Sodium Hydroxide competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Sodium Hydroxide breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Sodium Hydroxide market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Sodium Hydroxide sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Sodium Hydroxide Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-29452Other Reports by DecisionDatabases.com:Global Magnesium Hydroxide Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Zirconium Hydroxide Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Potassium Hydroxide Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
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