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Caustic Soda Market Share

Name: Caustic Soda Market Size and Share | Industry Analysis – 2026
Creator: Global Market Insights
License: https://www.gminsights.com/privacy-policy

Report ID: GMI2238
Published Date: Apr 2020
Report Format: PDF

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Caustic Soda Market Share

Companies are heavily investing in the market production capacity expansion and new technology adoption. Production process is costly, and cost is heavily influenced by energy consumption. For instance, in October 2019 Ercros, completed capacity expansion of the chlorine and caustic soda with new membrane cell technology.

Key players involved in the caustic soda industry are

Akzo Nobel N.V.
Arkema S.A.
Dow
Covestro AG
Formosa Plastics Corp.
Grasim (Aditya Birla)
FMC Corporation
Hanwha Chemical Corporation
Aras Petrochemical Company
SABIC

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

According to the report published by Global Market Insights Inc., the caustic soda business is supposed to attain $32.06 billion by 2026.

Rapid industrialization, strong pulp and paper industry, Covid-19 impact on demand of soaps and cleaning agents and water treatment, and strong product demand from chemical industry and alumina producers are major factors expected to drive the growth of global market.

The membrane cell production process segment registered a major market share in 2019 and is projected to record a remarkable growth rate throughout the forecast period.

Akzo Nobel N.V., Arkema S.A., Covestro AG, Dow, Formosa Plastics Corp., Grasim (Aditya Birla), Hanwha Chemical Corporation, Aras Petrochemical Company, SABIC, Solvay Chemicals, Occidental Chemical Corporation (OxyChem), Asahi Glass Company, Union Chlorine LLC, Olin Corporation, ARABIAN ALKALI COMPANY are some of the top contributors in the industry.