© 2016 Global Market Insights. All Rights Reserved Caustic Soda Market Outlook and Worldwide Foresight to 2024 Caustic Soda Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Italy, France, Spain, Italy, Russia, Poland, China, India, Japan, Australia, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, Qatar, Kuwait, UAE), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024

© 2016 Global Market Insights. All Rights Reserved The caustic soda market is estimated to witness growth from 2017 to The growth is primarily contributed by its increasing application in chemical industry as well as rising demand for alumina in automotive industry. Further increasing demand for paper & paperboard across the globe is driving the caustic soda market during the forecast timeframes. Caustic soda is primarily used in various industrial application. The major consumption is driven by wide application in household products such as detergent, it is basic raw material for cleaning drain and oven. Caustic soda is used for manufacturing alumina, inorganic & organic chemical, pulp & paper, textiles, detergent as well as used for water treatment. Global Market Scenario of Caustic Soda

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© 2016 Global Market Insights. All Rights Reserved Product Analysis:- The demand for pulp and paper is increasing due to rising domestic household tissue paper requirements, application of pulp and paper in printing and writing paper is also growing which will boost the demand for caustic soda. Growing usage of magazine and newspaper across the globe is positively impacting the caustic soda market. Moreover, textile industry is expanding owing to technological development and pouring investment, hence these factors are propelling overall market growth in coming years. It serves as strong alkali chemical substance and easily reacts with several other substances which includes aluminum and zinc which will further grow metallurgical applications. These factors along with rising demand for chlorine and growing technological advancement for processing caustic soda is projected to drive the market demand over coming years. Regional Trends:- Asia Pacific dominates the major market share for global caustic soda by the end of 2016, whereas North America is estimated to be one of the fastest growing region over Industrialisation and growing consumer demand in developing economies like Japan, China and India are some of the factors which are anticipated to drive the Asia Pacific market in the coming years. In Europe highest volume of caustic soda is used as essential reactant for manufacturing organic chemical.

© 2016 Global Market Insights. All Rights Reserved Competitive Trends: The size of global caustic soda market is predicted to be highly competitive. Some of the primary companies in the market are Nirma Limited, Occidental Petroleum Corporation, Olin Corporation, Formosa Plastics Corporation, Xinjiang Zhongtai Chemical Co. Ltd.,PPG Industries, Tosoh Corporation, Dow Chemical Company, Hanwha Chemical., FMC Corporation, Kemira, Solvay SA, Bayer MaterialScience., FMC, Arkema and SABIC.

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