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Caustic Soda Market 2020-2024 | Analysis on the Impact of COVID-19 on Businesses | Technavio

·5-min read

The global caustic soda market size is expected to grow by 7.04 million tons during 2020-2024, progressing at a CAGR of almost 2% during the forecast period. Download latest version with COVID-19 analysis Free Sample Report

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201028006213/en/

Technavio has announced its latest market research report titled Global Caustic Soda Market 2020-2024 (Graphic: Business Wire)

The increasing adoption of PVC products is one of the major factors propelling the market growth. However, fluctuations in caustic soda prices might hamper the growth during the forecast period.

PVC products exhibit excellent fire resistance, high durability and strength, chemical resistance, and lightweight. These benefits have extensively increased the use of PVC products as a thermoplastic polymer in the automotive, construction, packaging, consumer goods, textiles, and electrical and electronics industries. PVC is also emerging as a substitute material for steel, iron, copper, wood, ceramic tiles, stone, marble, and concrete in construction and flooring applications. PVC is obtained as a by-product during the production of caustic soda. Therefore, the increasing adoption of PVC products will have a positive influence on the growth of the global caustic soda market during the forecast period.

More details: www.technavio.com/report/caustic-soda-market-industry-analysis

Global Caustic Soda Market: Production Process Landscape

Membrane cell process was the widely adopted production process by market vendors in 2019. This is due to the high output quality and energy efficiency of the membrane cell process. Besides, the rising need to reduce emissions and comply with various regulatory guidelines, caustic soda manufacturers are increasingly adopting the membrane cell process. These factors are driving the growth of the segment.

Global Caustic Soda Market: Geographic Landscape

APAC emerged as the largest market for caustic soda with 78% market share in 2019. This is due to the flourishing chlor-alkali industry and the increasing consumption of alumina and related products in the region. In addition, the rising demand for caustic soda from end-user industries such as pulp and paper, alumina, PVC, textiles, and others are contributing to the growth of the caustic soda market in APAC.

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Companies Covered

  • Arkema SA

  • BASF SE

  • Aditya Birla Management Corp. Pvt. Ltd.

  • Dow Inc.

  • Gujarat Alkalies and Chemicals Ltd.

  • INEOS Group Holdings SA

  • Kemira Oyj

  • Occidental Petroleum Corp.

  • Olin Corp.

  • Solvay SA

What our reports offer:

  • Market share assessments for the regional and country-level segments

  • Strategic recommendations for the new entrants

  • Covers market data for 2019, 2020, till 2024

  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)

  • Strategic recommendations in key business segments based on the market estimations

  • Competitive landscaping mapping the key common trends

  • Company profiling with detailed strategies, financials, and recent developments

  • Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports.

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Caustic Soda Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024

  • Detailed information on factors that will assist in caustic soda market growth during the next five years

  • Estimation of the caustic soda market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the caustic soda market

  • Analysis of the market’s competitive landscape and detailed information on vendors

  • Comprehensive details of factors that will challenge the growth of caustic soda market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem

  • Value chain analysis

Market Sizing

  • Market definition

  • Regulatory framework

  • Market segment analysis

  • Market size 2019

  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces analysis

  • Bargaining power of buyers

  • Bargaining power of suppliers

  • Threat of new entrants

  • Threat of substitutes

  • Threat of rivalry

  • Market condition

Market Segmentation by Application

  • Market segments

  • Comparison by Application

  • Organic chemical products - Market size and forecast 2019-2024

  • Paper and pulp - Market size and forecast 2019-2024

  • Aluminum - Market size and forecast 2019-2024

  • Others - Market size and forecast 2019-2024

  • Market opportunity by Application

Market Segmentation by Production Process

  • Market segments

  • Comparison by Production process

  • Membrane cell process - Market size and forecast 2019-2024

  • Diaphragm cell process - Market size and forecast 2019-2024

  • Mercury cell process - Market size and forecast 2019-2024

  • Market opportunity by Production process

Customer Landscape

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • APAC - Market size and forecast 2019-2024

  • North America - Market size and forecast 2019-2024

  • Europe - Market size and forecast 2019-2024

  • South America - Market size and forecast 2019-2024

  • MEA - Market size and forecast 2019-2024

  • Key leading countries

  • Market opportunity by geography

  • Market drivers

  • Market challenges

  • Market trends

Vendor Landscape

  • Vendor landscape

  • Landscape disruption

Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • Arkema SA

  • BASF SE

  • Aditya Birla Management Corp. Pvt. Ltd.

  • Dow Inc.

  • Gujarat Alkalies and Chemicals Ltd.

  • INEOS Group Holdings SA

  • Kemira Oyj

  • Occidental Petroleum Corp.

  • Olin Corp.

  • Solvay SA

Appendix

  • Scope of the report

  • Currency conversion rates for US$

  • Research methodology

  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201028006213/en/

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