Sodium Hydroxide (Caustic or NaOH)
Market
Sodium Hydroxide (Caustic or NaOH) Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Sodium Hydroxide (Caustic or NaOH) Market Size and Growth
The global sodium hydroxide market is projected to grow at a steady pace due to increasing demand from various industries such as chemicals, pulp and paper, and textiles. The market size is expected to reach USD 42.4 billion by 2027, driven by the rising usage of caustic soda for manufacturing processes.
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Companies Covered (Covid 19 Impact Covered)
◍ DowDuPont
◍ OxyChem
◍ Westlake (Axiall)
◍ Olin Corporation
◍ Formosa Plastics Corporation
◍ Tosoh
◍ Ineos Chlor Ltd
◍ Asahi Glass
◍ Covestro
◍ Shin-Etsu Chemical
◍ AkzoNobel
◍ Hanwha Chemical
◍ Solvay
◍ LG Chemical
◍ Tokuyama Corp
◍ SABIC
◍ Kemira
◍ Basf
The Sodium Hydroxide (Caustic or NaOH) Market is highly competitive with key players like DowDuPont, OxyChem, Westlake, Olin Corporation, and Formosa Plastics. Companies like Solvay, BASF, and AkzoNobel are also significant players. These firms contribute to market growth through innovative products and strategic partnerships.
- DowDuPont: $3.75 billion
- Olin Corporation: $2.23 billion
- BASF: $1.45 billion
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Market Segmentation
By Application By Product
◍ Pulp and Paper
◍ Textiles
◍ Soap and Detergents
◍ Bleach Manufacturing
◍ Petroleum Products
◍ Aluminum Processing
◍ Chemical Processing
◍ Liquid Caustic Soda
◍ Solid Caustic Soda
◍ Caustic Soda Flake
◍ Caustic Soda Particle
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$ X Billion USD
Market Growth
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