PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1403773
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1403773
Europe Caustic Soda Market Introduction and Overview
According to SPER Market Research, 'Europe Caustic Soda Market- By Production Process, By Form, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033'state that the Europe Caustic Soda Market is predicted to reach with a CAGR of 4.8%.
Sodium hydroxide, sometimes known as caustic soda (NaOH), is an extremely reactive and versatile inorganic chemical. It is made by electrolyzing brine, which is a salt and water solution. Caustic soda is a highly alkaline substance that comes in a variety of forms, such as liquid, flakes, and pellets. It finds extensive application in several industries, including but not limited to pulp and paper, textiles, chemicals, soaps and detergents, aluminium manufacturing, and water treatment.
the European caustic soda market has been greatly impacted by the COVID-19 outbreak. The pandemic's effects on supply chains, lockdowns, and travel restrictions resulted in a brief drop in the demand for caustic soda throughout all industries. The market was somewhat stabilised, nevertheless, by the continued operation of some industries, including those involved in healthcare, water treatment, and basic manufacturing. Market recovery is anticipated to occur gradually as conditions improve and economic activity picks back up.
Scope of the Report:
Report Metric Details
Market size available for years 2019-2033
Base year considered 2022
Forecast period 2023-2033
Segments covered By Production Process, By Form, By Application
Regions covered France, Germany, Italy, Russia, Spain, United Kingdom and rest of Europe
Companies Covered Covestro AG, Dow, Ercros SA, INOVYN, Kem One, Nouryon, PCC Group (PPC SE), SPOLCHEMIE, Vynova Group, Wanhua Chemical Group Co. Ltd., Westlake Vinnolit GmbH & Co. KG, Others
Europe Caustic Soda Market Key Segments Covered
By Production Process: Based on the Production Process, Europe Caustic Soda Market is segmented as; Diaphragm Cell, Membrane Cell, Other Production Processes.
By Form: Based on the Form, Europe Caustic Soda Market is segmented as; Flakes Caustic Soda, Liquid Caustic Soda, Solid Caustic Soda.
By Application: Based on the Application, Europe Caustic Soda Market is segmented as; Alumina, Inorganic Chemical, Organic Chemical, Pulp and Paper, Soap and Detergent, Water Treatment, Other Applications.