The global solid caustic soda market is expected to reach USD 37.31 Billion by 2028, according to a new report by Reports and Data. Solid caustic soda is a substance used as an ingredient or in the production of a wide variety of household products such as detergents, body soap, and drain cleaners.

In the chemical industries, caustic soda finds application in a variety of chemical reactions as it gives up sodium, hydrogen, and oxygen atoms to help form new chemical compounds. In conditions where a corrosive substance is required, like for a drain blockage, caustic soda helps to dissolve the organic materials but will leave the polyvinyl chloride pipes intact. It is also used in the production of ice cream, soft drinks, and food dye. The corrosive and toxic properties of caustic soda disappear in these processes, such as the case with soap above.

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Top Leading Players:

Dow Chemical Company, Tata Chemicals Limited, FMC Corporation, PPG Industries, Tosoh Corporation, Nirma Limited, Hanwha Chemical Corporation, Ineos Group Limited, Formosa Plastics Corporation, and Occidental Petroleum Corporation (OXY)

Some Key Highlights From the Report:

• The membrane cell process has intrinsic ecological advantages over the two older methods, as it does not use mercury or asbestos. It is the most energy-efficient process and is incredibly safe to operate, and it produces a consistently high quality of solid caustic soda.
• By distribution channel, the online distribution channel is projected to grow at a faster rate of 7.9% in the period 2020-2028, as this mode of distribution has the advantage of providing a broader exposure to the product produced by the manufacturers, especially with the proliferation of smart devices and internet connectivity.
• Industrial grade solid caustic soda is not completely pure. It contains impurities and is used in commercial and industrial purposes. It is not suitable to be used in any food products and can be used for many science fair projects.
• Caustic soda finds application in the extraction of alumina. Alumina is used to produce aluminum and a range of products such as cans, foil, kitchen utensils, and airplane parts. In building and construction, aluminum is implemented in the making of building window frames and facades.
• APAC dominated the market for solid caustic soda. China leads the consumption demand in solid caustic soda. Moreover, the growth of the chemical industry in the emerging nation on the region is driving the growth of the market.

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Segments covered in the report:

Manufacturing Process Outlook (Volume, Kilo Tons; 2020-2028 and Revenue, USD Million; 2020-2028)

• Membrane Cell
• Diaphragm cell
• Others

Distribution Channel Outlook (Volume, Kilo Tons; 2020-2028 and Revenue, USD Million; 2020-2028)

• Online
• Offline

Grade Outlook (Volume, Kilo Tons; 2020-2028 and Revenue, USD Million; 2020-2028)

• Reagent Grade
• Industrial Grade
• Pharmaceutical Grade

Application Outlook (Volume, Kilo Tons; 2020-2028 and Revenue, USD Million; 2020-2028)

• Organic Chemicals
• Inorganic Chemicals
• Soaps Detergents
• Energy
• Water Treatment
• Textiles
• Alumina
• Others

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Regional Outlook:

• North America (U.S.A., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Questions Addressed in the Report:

• What are the dominating factors that are influencing the growth of the industry?
• In the forecast period, which market segment is expected to rise the most?
• What are the risks and challenges that the industry is facing?
• In the coming years, which area is projected to dominate the market?
• Who are the major players in the market?
• What kind of strategic business plans have they made?

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