Demand for Caustic Soda Derivatives to Surge in Asia During Forecast Period 2022-2032

Rockville, United States, 2022-Sep-01 — /EPR Network/ —

250 Pages Caustic Soda Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

Latest industry survey by Fact MR, predicts sales of Caustic Soda to swell at propelled CAGR through 2031, as chemical and materials sales gradually recover post disruptions caused by COVID-19. The report is aimed at furnishing insights into hidden growth opportunities and challenges. It also provides recommendations to aid businesses prep for unforeseen challenges.

The market intelligence study therefore includes demographics analysis so market players can plan their product and marketing strategy. It offers sales outlook in 20+ countries. It identifies the most lucrative segments to assist companies in creating winning strategies for future.

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According to the latest analysis by Fact.MR, the global chlor-alkali market is estimated to be worth around US$ 84 Bn in 2021. Demand for caustic soda will remain prevalent, as it is used in the synthesis of organic and inorganic chemicals. Asia is expected to lead the chlor-alkali market, capturing 40% of the revenue. With rising demand for chlor-alkali for application across diverse industries, the market is set to register a CAGR of around5.4% by garnering a market revenue of US$ 143 Bn between 2021 and 2031.

The report offers actionable and valuable market insights of Caustic Soda. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Caustic Soda Market across various industries and regions.

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Caustic Soda market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Caustic Soda

This newly published and insightful report sheds light on Market Insights of Caustic Soda, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Caustic Soda Market.

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Global Chlor-alkali Market: In-Depth Assessment on Key Segments

The global chlor-alkali market is segmented on the basis of product, application, and region.

Product ChlorineCaustic SodaSoda Ash
Application Glass ManufacturingVinyl ProductionOrganic Chemical ProductionInorganic Chemicals ProductionPulp & Paper ProductionChlorinated IntermediatesWater TreatmentOther Applications
Region North AmericaLatin AmericaEuropeAPACMEA

Country-specific assessment on demand for chlor-alkali has been provided for each regional market, along with the market size valuation and forecast price point assessment, price index and impact analysis of key regional and country-wise dynamics, which were obtained through quotes from numerous chlor-alkali manufacturers, experts, and suppliers. Y-o-Y growth projections have also been offered on all regional markets incorporated in the report.

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Key Takeaways from Global Chlor-Alkali Market:

  • China’s emergence as the world’s largest producer of chlor-alkali is well supported by the use of cost effective methods of using acetylene to make vinyl chloride. This will have a profound effect on the demand and supply dynamics of the domestic and international chlor-alkali market
  • The demand for chlor-alkali for PVC production has accounted for over 1/3rd of the global demand in 2018 on the back of its extensive use in construction activities and infrastructure development
  • Currently, about 500 chlor-alkali producers and 650 production plants are in working condition for production of chlor-alkali across the globe. Addition of new plants or capacity expansion will reduce the supply – demand gap in the near future
  • Asia Pacific is expected to remain a power house in global chlor-alkali market by 2027 on the back of increasing per capita consumption of caustic soda. Asia Pacific is anticipated to create an incremental opportunity of ~US$ 31 Bn over the long-term forecast period (2019-2027).

“Rising demand combined with capacity expansion for Chlor-alkali would result in higher utilization of resources (salts & electricity) and improve profitability by 2027” according to a Fact.MR analyst

Moderately Consolidated Market Structure with Supply Fluctuation Dynamics

Currently, manufacturers are engaged in expanding production capacities and installing new plants to reduce the supply-demand gap. Usage of shale gas at low energy costs in North America along with trade disputes with China are coaxing manufacturers to strengthen their in-house production capabilities. Also, new capacity expansions across Europe by prominent players such as Kemira and AkzoNobel will create remunerative opportunities in chlor-alkali market. The ongoing and future investments in new technology for chlor-alkali is expected to boost the overall consumption of chlor-alkali market over the mid-term forecast.

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Report Benefits & Key Questions Answered

  • Caustic Soda Company & brand share analysis: The report offers brand-share analysis on Caustic Soda market to offer a more in-depth competition deep-dive. This is intended at assisting companies at proactive long-term planning.
  • Caustic Soda Historical volume analysis: Factors affecting sales in the past are analyzed in detail. The report also offers comparative analysis between growth trajectory exhibited in 2016-2020 and 2021-2031.
  • Caustic Soda Category & segment level analysis: To offer a comprehensive analysis, the market identifies leading segments and highlights chief factors enabling growth across these categories.
  • Caustic Soda Consumption by demographics: The demographic analysis is intended at providing recommendations to companies to help them create growth strategies around dynamic consumption patterns.
  • Caustic Soda Manufacturing trend analysis: Manufacturing trend analysis is the key highlight of the study. It offers vital data on strategies adopted by market players to align their manufacturing strategies as per prevailing market trends.
  • Post COVID consumer spending on Caustic Soda: The survey offers a chapter dedicated to analyzing post COVID consumer behavior. Changes in their spending pattern are carefully analyzed to offer insights into potential impact on Caustic Soda sales.

More Valuable Insights on Caustic Soda Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Caustic Soda, Sales and Demand of Caustic Soda, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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