Caustic Soda Market Growth, Key Players ,Supply Demand And Forecast Till 2024 : Grand View Research Inc.
San Francisco, 11 March 2019: The Report Caustic Soda Market Analysis By Application (Alumina, Inorganic Chemicals, Organic Chemicals, Food, Pulp & Paper, Soaps & Detergents, Textiles, Water Treatment, Steel/Metallurgy - Sintering) And Segment Forecast To 2024 The global Caustic Soda Market is expected to reach USD 46.31 billion by 2024, according to a new report by Grand View Research, Inc. Escalating demand across various industries such as textile, pulp & paper, organic chemicals, etc. is expected to strengthen the market growth. Rising demand for alumina in automobile industry especially in Asia Pacific is considered to stimulate the market growth. Fluctuating prices due to high energy consumption and uneven production rates is likely to limit the market growth. Chlorine production is also expected to influence the caustic soda market as it is co-produced with chlorine. Organic chemicals emerged as the leading application segment and accounted for 16.3% of tota