Sodium Hydroxide (Caustic Soda/Lye) Market - Forecast(2022 - 2027)
Sodium Hydroxide Market Overview: The Sodium Hydroxide, or Caustic Soda, Market is balanced and well spread with its usage being in a number of process. Regions that have the highest production of Caustic soda production are: USA, China, India, Germany, France and Russia. Due to its use in almost all industrial sectors the market for Sodium hydroxide is expected to grow continually in the forecast period. Sodium Hydroxide Market Outlook: The Industries producing Caustic soda use the membrane cell technology primarily as the production method, due to the high concentration of the product. It is followed by the Diaphragm Cell Technology. The market share for Caustic Soda is spread over various industries with primary consumers being the following in order of consumption capacity: Textiles, Aluminum production, pulp and paper, Organics, Inorganics, Soaps and Detergents, Dyes and inks, Pesticides, Pharmaceuticals, Soaps and Detergents and others. The pricing for Caustic Soda, has been on