Product ID: SQMIG35I2096
Global Sodium Hydroxide Market Size, Share, Growth Analysis, By Form(Solid and Liquid), By Production Type(Mercury Cells, Membrane Cells), By Application(Pulp and Paper, Alumina), By Grade(ACS Grade, Rayon Grade) - Industry Forecast 2024-2031
Report ID:
SQMIG35I2096 |
Region:
Global |
Published Date: February, 2024
Pages:
242
|
Tables:
126 |
Figures:
77
Global Sodium Hydroxide Market Regional Insights
The market for sodium hydroxide is currently dominated by the Asia-Pacific region, and this dominance is expected to continue in the coming years. The region's paper, pulp, and textile industries are driving up need for sodium hydroxide. Moreover, the larger population necessitates more cleaning, recycling, and therapeutic procedures, which ultimately raises the level of sodium oxide. China maintains its position as the world's workshop by ranking highest among the Asia Pacific nations and being both the largest consumer and producer of caustic soda. Due to the abundance of medium-scale producers and stiff competition, it is predicted that China will continue to dominate other countries in terms of supply and demand in the future.
The market in North America is anticipated to grow at a high CAGR during the forecast period. North America is one of the largest consumers of sodium hydroxide, with the United States being the major market in the region. The growing demand for sodium hydroxide from industries such as paper and pulp, textiles, and chemicals is driving the market growth in this region.
Global Sodium Hydroxide Market Report Snapshots
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