Title: Global Caustic Soda Market is Estimated to Reach $38,484.4 Million by 2019
1Worlds 1st Real Time Market Intelligence
MicroMarket Monitor
Forecasts
- Global Caustic Soda Market is Estimated to Reach
38,484.4 Million by 2019
2- The global caustic soda market was valued at
27,720.5 million in 2014, and is expected to
reach 38,484.4 million by 2019, at a CAGR of
6.7 from 2014 to 2019. The Asia-Pacific region
contributed a share of around 52.0 to market.
The caustic soda market in Asia-Pacific is
projected to grow at a CAGR of 7.1 from 2014 to
2019. - Key players in the Global Caustic Soda Market
include Occidental Petroleum Corporation (U.S.),
Olin Corporation (U.S.), Hanwha Chemical
Corporation (South Korea), Solvay SA (Belgium),
Tata Chemicals Limited (India).
3 Browse through the market data tables, figures
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4 - Caustic soda is an important component in the
petroleum, alumina, and pulp paper industries,
and is commonly used in all chemical industries.
The various other applications where caustic soda
is used are recycling of rubber, neutralizing
acids, and synthesis of pharmaceutical compounds. - Various factors, like high demand in the end-user
market and strong growth due to high production
capacity of industries in the emerging economies
are some of the reasons for the growth of the
global caustic soda market.
5 - In terms of applications, the food, pulp paper,
and organic chemicals segments are the major
segments of the global caustic soda market. The
food, pulp paper segment contributed a share of
22.0 to this market in 2014. It is projected to
grow at a CAGR of 6.7 from 2014 to 2019. The
organic chemicals segment contributed a share of
20.0 to this market, and is expected to grow at
a CAGR of 6.4 during the forecast period - The caustic soda market has been segmented based
on geography and application.
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