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Published Date: 2015-03-31Number of Pages: 78

Caustic Soda Market for Alumina, Pulp & Paper, Soaps & Detergents, Organics, Inorganics, Water Treatment and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

Global Caustic Soda Market: Snapshot 

The global caustic soda market is prognosticated to gain momentum for a reliable growth during the forecast period 2014–2020 on the back of some powerful driving factors. In the foreseeable future, the growth in the global caustic soda market is anticipated to be bolstered by an elevating demand for paperboards and paper. However, the rise of the aluminum industry could also be an enough reason for the expected substantial demand in the global caustic soda market. Soaps and detergents, alumina, and pulp and paper are some of the downstream products that are predicted to influence the global caustic soda market at a telling rate with their demand. 

The world caustic soda market could be restrained by the energy-intensive process of the production of caustic soda. Howbeit, new avenues for growth are projected to pamper participants operating in the world caustic soda market with upcoming business opportunities in reasonably untapped African regions. According to a market intelligence report compiled by seasoned analysts, the world caustic soda market is prophesied to achieve a revenue valuation of US$39.75 bn by the end of the forecast period. 

Players to Focus on Aggressively Growing Alumina Market 

Securing an almost 20.0% larger share in terms of volume in the recent past, organics was followed by pulp and paper and other segments such as textiles, petroleum processing and food processing in the international caustic soda market. A variety of organic chemicals are produced with the help of caustic soda used as a vital reactant. However, alumina is envisaged to take the charge in the international caustic soda market by growing at a faster pace. 

The international caustic soda market could also be strengthened by extensive applications in process industries where caustic soda is engaged as an industrial chemical used for general purposes. Coupled with chlorine, caustic soda is usually produced through the chloralkali process. In a general scenario, an approximate 1.1 ton of 100.0% caustic soda can be generated for every ton of chlorine. Although industrially produced as 50.0% solution in water, caustic soda is obtained by water evaporation in the solid state. The common applications of solid caustic soda could be cast blocks, pellets (prills), and flakes. 

For the purpose of making fiber receptive to textile applications such as dying and bleaching, caustic soda is employed to separate oils and waxes from it. With more applications gaining prominence in the textile sector, the international caustic soda market could be foreseen to increase demand. 

Asia Pacific to Impress with Larger as well as Faster Growth 

On the basis volume, Asia Pacific had accounted for a whopping above 50.0% share in the worldwide caustic soda market. This dominance is envisioned to continue in the coming years as Asia Pacific could take the lead in the worldwide caustic soda market. Moreover, the region is foretold to rise at a swift rate until the concluding forecast year. Asia Pacific had witnessed China as a major share caustic soda market and could well testify its lead in the next few years. Apart from China, other developing nations such as India looking to up their GDP growth are forecasted to mark some handsome growth opportunities for the Asia Pacific caustic soda market. The emerging economies in Asia Pacific could also stimulate demand while riding on the enlargement of a number of end-use sectors. 

The worldwide caustic soda market is foretold to observe the prominence of Latin America and Australia in respect of imports whereas the Middle East and Asia and North America could be leading exporters. 

On the part of key players, Occidental Petroleum Corporation, Reliance Industries Limited, AkzoNobel N.V., Olin Corporation, and The Dow Chemical Company are expected to demonstrate supremacy in the worldwide caustic soda market.

 
The growing demand for chemical products and chemical-based processes has transformed the global chemical market into a mammoth industry. From a valuation of nearly US$170 billion in the 1970s, the global chemical market has jumped to a valuation of nearly US$4 trillion by 2010. Incessantly increasing demand for chemicals offers an excellent growth prospects for many industries such as consumer goods, medicines, and agriculture, yet the rising level of pollution linked with the use, manufacture, and disposal of chemicals has emerged as a huge concern for the industry. In this scenario, the way chemicals are managed will play a key role in the development of many chemical industries in the near future.
 
With the help of a lucid chapter-wise format, combined with a number of graphical data elements, the report presents a thorough analysis of the global market for caustic soda. Caustic soda is a strong chemical base, which finds applications in the manufacture of textiles, paper and pulp, alumina, and soaps and detergents. It is also used for food processing, water treatment, and petroleum and natural gas processing purposes. The report studies the implications of demand for downstream products such as paper and pulp, alumina, soaps, and detergents on the overall global demand for caustic soda.
 
The report contains data gathered with the help of a number of primary and secondary research approaches, and makes use of industry-leading analytical tools. Based on elemental information regarding the global caustic soda market, the report is a valuable guiding document for managers, business strategists and other stakeholders of the caustic soda market.
 
Overview of the Global Caustic Soda Market
 
In the year 2013, the global market for caustic soda had a net valuation of US$30.82 billion. Developing at a 3.7% CAGR between 2014 and 2020, the market is expected to rise to US$39.75 billion by 2020. Rising concerns regarding ill-effects of mercury used in one of the most popular caustic soda manufacturing processes is rapidly leading to the phasing out of this process from industry circuits. 
 
The demand dynamics of products such as alumina, pulp and paper, and soaps and detergents significantly affects the demand for caustic soda. In the years to come, the global market for caustic soda will continue to grow owing to increasing demands for alumina and paper and paperboards across the globe. However, the overall growth of the market is expected to be hampered due to the energy intensive production process of caustic soda. 
 
The Asia Pacific regional market held an impressive 50% share of the global market for caustic soda in terms of demand in 2013. This regional market is expected to continue its dominance over the next few years owing to mounting demand for caustic soda from industries in China. Asia Pacific is also expected to be the fastest growing regional market over the report’s forecast period due to excellent growth prospects of many end-use industries and improved GDP of emerging economies in the region.
 
Players in the Global Caustic Soda Market
 
Some of the key businesses in the global caustic soda market that have been profiled in the report include Reliance Industries Limited, The Dow Chemical Company, Occidental Petroleum Corporation, Olin Corporation, Formosa Plastics Corporation, AkzoNobel N.V., Axiall Corporation, Bayer MaterialScience AG, Shin-Etsu Chemicals Co. Ltd., and INEOS ChlorVinyls.
 
Caustic Soda Market - Application Analysis
  • Alumina
  • Pulp & paper
  • Soaps & detergents
  • Organics
  • Inorganics
  • Water treatment
  • Others (Including textiles, petroleum processing, food processing, etc.)
Caustic Soda Market - Regional Analysis
  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)
This report gives you access to decisive data such as:
  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for the coming years
Key highlights of this report
  • Overview of key market forces propelling and restraining market growth
  • Up-to-date analyses of market trends and technological improvements
  • Pin-point analyses of market competition dynamics to offer you a competitive edge
  • An analysis of strategies of major competitors
  • An array of graphics and SWOT analysis of major industry segments
  • Detailed analyses of industry trends
  • A well-defined technological growth map with an impact-analysis
  • Offers a clear understanding of the competitive landscape and key product segments


 
 
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