India Sodium Hydroxide (Caustic Soda) Market – Industry Analysis and Forecast (2020-2027)

India Sodium Hydroxide Market was valued at US$ 11.2 Bn in 2020 and is expected to reach US$ 18.9 Bn by 2027, at a CAGR of 6.8% during the forecast period.

The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.



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Sodium Hydroxide, also known as Caustic soda and lye is a highly caustic metallic base which is a white solid available in pellets, flakes, and granules and as a 50% saturated solution. Sodium hydroxide is a co-product of chlorine production by the electrolysis of brine. The compound is majorly used in soap & detergent, paper & pulp, textile, chemical processing, water treatment, petroleum & Aluminium product, metallurgy, etc. The India sodium hydroxide market is expected to grow at a significant growth rate, due to the increasing application of the compound for industrial application.

The rising industrialization activities in the country, coupled with the emerging lifestyle and improving economy are further likely to boost demand for caustic soda in India during the forecast period.
India Sodium Hydroxide (Caustic Soda) Market Segment Analysis:
Based on the form, the liquid form is the most widely used form for Sodium Hydroxide. Sodium hydroxide is handled as a liquid because it is easy to pump a liquid and because keeping sodium hydroxide in a solid form required special air-tight containment that would be expensive. Most uses of sodium hydroxide are in the liquid phase anyway, so it would be a wasted effort to manage it as a solid.



Based on the application, Textiles is the dominating as well as the fastest-growing application of Caustic Soda during the forecast period. Sodium hydroxide is consumed in many textile processes, including the wet processes of desizing, scouring, and mercerization and dyeing of cotton fabrics. Rising industrialization activities in the country, coupled with the emerging lifestyle and improving economy are further likely to boost demand for caustic soda in India during the forecast period.

The growth of the caustic soda market in India is directly proportional to demand generating from various end-users. Textile, Paper and Aluminium industries are the major end-users expected to drive India caustic soda market during the forecast period. Moreover, a growing sedentary lifestyle is contributing to growth in the textile market in India, owing to increasing government effort to boost textile exports.

Furthermore, the India paper industry is projected to exhibit a CAGR during the forecast period. In addition, expanding metallurgical applications of caustic soda in the country is further forecast to drive growth in India caustic soda market in the coming years.

Manufacturing companies of sodium hydroxide products can influence potential opportunities in India, due to rapidly growing food and textiles industries, and the trend is likely to continue over the forecast period.
India Sodium Hydroxide (Caustic Soda) Market, Key Highlights:
• India Sodium Hydroxide (Caustic Soda) Market analysis and forecast, in terms of value.

• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the India Sodium Hydroxide (Caustic Soda) Market

• India Sodium Hydroxide (Caustic Soda) Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.

• India Sodium Hydroxide (Caustic Soda) Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.

• India Sodium Hydroxide (Caustic Soda) Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the India Sodium Hydroxide (Caustic Soda) Market are also profiled.
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India Sodium Hydroxide Market


Report Coverage
Details


Base Year:
2020
Forecast Period:
2021-2027


Historical Data:
2016 to 2020
Market Size in 2020:
US $ 11.96 Bn.


Forecast Period 2021 to 2027 CAGR:
6.8%
Market Size in 2027:
US $ 18.9 Bn.


 Segments Covered:
by Form
• Liquid Form
• Solid Form


by Application
• Food
• Paper and pulp
• Soaps and Detergents
• Pharmaceuticals & Medicine
• Textiles
• Petroleum Products
• Aluminium Products
• Chemical Processing
• Water Treatment
• Steel/Metallurgy - Sintering



India Sodium Hydroxide Market Key Player
• Tata Chemicals Ltd.
• Gujarat Alkalies and Chemicals Limited
• Aditya Birla Chemicals (India) Limited
• DOW Chemical Company
• Ciech S.A.
• Kemira Chemicals, Inc.
• Shandong Haihua Group Co., Ltd.
• INEOS Newton Aycliffe Ltd.
• Solvay Chemicals
• Tokuyama Corporation
• Formosa Plastics Corp.
• Shin-Etsu Chemical Co. Ltd.
• LG CHEM, LTD.
• PPG Industries
• Bayer AG
• Axiall LLC
• Hanwha Chemical Corporation
• Shin-Etsu Chemical Co.
• Occidental Chemical Corporation