Global Caustic Soda Market – Industry Trends and Forecast to 2029

Análise e dimensão do mercado de soda cáustica

A soda cáustica é muito utilizada no processamento de têxteis, papel e celulose e na indústria de sabão e detergentes. É muito utilizado no processamento de tecidos de algodão, no fabrico de tinturas e também na lavagem e branqueamento na indústria têxtil. A soda cáustica é também utilizada como intermediário para diferentes tipos de produtos químicos orgânicos para preparar resinas epóxi , tintas, rayon, cerâmica , spandex , explosivos e vidro e em revestimento de óxido, galvanoplastia, extração eletrolítica e limpeza e processamento de metais.

A Data Bridge Market Research analisa que o mercado da soda cáustica deverá sofrer um CAGR de 2,40% durante o período de previsão. Isto indica que o valor de mercado, que era de 78,54 milhões de dólares em 2021, subiria para 94,95 milhões de dólares em 2029. Para além dos insights sobre os cenários de mercado, como o valor de mercado, a taxa de crescimento, a segmentação, cobertura geográfica e principais players, os relatórios de mercado com curadoria da Data Bridge Market Research incluem também análises especializadas aprofundadas, produção e capacidade da empresa representada geograficamente, layouts de rede de distribuidores e parceiros, análise detalhada e atualizada das tendências de preços e análise de défice da cadeia de abastecimento e procura.

Âmbito e segmentação do mercado da soda cáustica

Definição de mercado

A soda cáustica é também conhecida por hidróxido de sódio e a fórmula é NaOH. É um composto iónico de cor branca, presente na forma sólida e composto por catiões de sódio Na+ e aniões hidróxido OH-. É fortemente alcalino e produzido quimicamente por eletrólise do cloreto de sódio (NaCl). É insolúvel em éter e solventes apolares, moderadamente solúvel em álcool e altamente solúvel em água. A soda cáustica é utilizada na formulação de diversos produtos químicos devido à sua natureza reativa e corrosiva.

Dinâmica global do mercado da soda cáustica

Motoristas

• Elevado uso de soda cáustica no setor alimentar

A soda cáustica é muito utilizada em diversos fins de processamento de alimentos, como curar alimentos e ajudar a conferir-lhes uma crocância diferenciada.  Também remove cascas de batatas, tomates e outras frutas e legumes. A soda cáustica é utilizada como ingrediente conservante alimentar que ajuda a prevenir e proteger os alimentos contra as bactérias. Estes são alguns dos principais fatores que deverão impulsionar o crescimento do mercado.

• Aumento da procura de soda cáustica no setor da saúde

A soda cáustica é muito utilizada no fabrico de diversos tipos de medicamentos e produtos farmacêuticos, como a aspirina, um analgésico comum. Este medicamento funciona como anticoagulante que pode prevenir coágulos sanguíneos e também como medicamento para a redução do colesterol. Espera-se que a crescente procura de soda cáustica no setor da saúde impulsione a taxa de crescimento do mercado.

• Crescente procura de soda cáustica na indústria de sabões e detergentes

A soda cáustica é utilizada no fabrico de diversos tipos de sabões e detergentes, muito utilizados em habitações e aplicações comerciais. O branqueador com cloro é formulado pela combinação de soda cáustica com cloro. A crescente procura de soda cáustica para a preparação de sabões, detergentes e diversos outros produtos de limpeza deverá aumentar o crescimento das receitas do mercado.

Oportunidades

• Maiores perspetivas de crescimento devido à elevada utilização

The usage of caustic soda has increased in several applications such as pharmaceuticals, industrial chemicals and many other industries will create lucrative opportunities for the growth of the caustic soda market in upcoming years. It helped the companies to grow more in the coming year and provided several opportunities. The cell technology of membrane is also one of the major factor which is expected to create growth opportunities for the market players.  

Restraints/Challenges

• Harmful effects on environment and human health

Caustic soda is reactive in nature and also corrosive in nature. It is not good for human health and the environment. Usage of high concentrations of caustic soda can cause digestive system or lungs, severe burns to the eyes, skin, and many more. Its harmful effects on environment and human health will hamper the growth of caustic soda market in the upcoming year.

This caustic soda market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the caustic soda market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Caustic Soda Market

The COVID-19 pandemic has adversely affected the caustic soda production, which highly affected the growth of the caustic soda market. The outbreak of covid-19 has reduced the production and supply units of several raw materials market and similar for caustic soda market all over the globe. On the brighter side hand, people have started to use disposable paper products which augmented the demand for the caustic soda in the market. Furthermore, the activities such as pulp and paper, chemical manufacturing and water treatment have augmented which increase the growth of the caustic soda market.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

• In January 2021: Andhra Sugars which is an Indian company has announced plans to increase its caustic soda manufacturing capacity to 900TPD from its existing capacity of 500TPD. 
• In January 2021: Shin-Etsu Chemical Co. has announced the plans to further increase its manufacture capacity of caustic soda by 390,000 m.t. /yr. This project construction is expected to be finished by the end of the year 2023. 

Global Soda  Market Scope

The caustic soda market is segmented on the basis of product type, production process, grade and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

• Lye
• Flake
• Other

Production Process

• Membrane Cell
• Diaphragm Cell
• Others

 Grade

• Reagent Grade
• Industrial Grade
• Pharmaceutical Grade

Application

• Alumina
• Pulp and Paper
• Organic Chemical
• Inorganic Chemical
• Textile
• Soap and Detergents
• Water Treatment
• Dye and Ink
• Others

Caustic Soda Market Regional Analysis/Insights

The caustic soda market is analyzed and market size insights and trends are provided by country, product type, production process, grade and application as referenced above.

The countries covered in the caustic soda market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific will continue to project the highest compound annual growth rate due to the increasing demand for caustic soda in the developing countries' textile industry. Moreover, the rise in the production of and demand for the caustic soda will further increase the growth of the caustic soda market in this region.

North America dominates the caustic soda market during the forecast period 2022-2029 due to the increase in the need for soap and detergents and textile applications. Furthermore, the increase in the price-points is further projected to drive the growth of the caustic soda market in this region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Caustic Soda Market Share Analysis

The caustic soda market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to caustic soda market.

Some of the major players operating in the caustic soda market are:

• Olin Corporation (U.S.)
• Westlake Corporation (U.S.)
• Tata Chemicals Ltd (India)
• Occidental Petroleum Corporation (U.S.)
• Formosa Plastics Corporation (Taiwan)
• Solvay (Belgium)
• Tosoh Corporation (Japan)
• Hanwha Solutions Corporation (South Korea)
• AGC, Inc. (Japan)
• Dow (U.S.)
• Xinjiang Zhongtai Chemical Co. Ltd. (China)
• INOVYN (U.K.)
• Ciner Resources Corporation (U.S.)
• Wanhua-Borsodchem (Hungary)
• AkzoNobel N.V. (Netherlands)
• Reliance Industries Limited (India)

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