PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1273237
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1273237
According to SPER Market Research, the Global Liquid Caustic Soda Market is estimated to reach USD 71.22 billion by 2033 with a CAGR of 3.35%.
Caustic soda, also known chemically as sodium hydroxide, is an inorganic substance with the formula NaOH. It is a highly caustic base that, at normal temperatures, has the capacity to breakdown proteins and produce severe chemical burns. Liquid caustic soda is a common strong alkaline chemical that is created by electrolyzing brine. Chemical fibers, paper and pulp, chemical agents, sewage and sewerage, and food additives are only a few of the applications.
The Global Liquid Caustic Soda Market is confronted with numerous obstacles, including changing demand and others. Caustic soda consumption is heavily influenced by the need for downstream products such as paper and pulp, textiles, and soaps and detergents. Fluctuations in demand for these items might lead to erratic demand for caustic soda. Caustic soda production requires a lot of energy and can result in a lot of greenhouse gas emissions, which contribute to climate change.