Published by mark itwired
Posted on August 10, 2021
6 min readLast updated: January 21, 2026
Increasing research and development (R&D) activities aimed at the development of new production technologies are expected to create growth opportunities for sodium hydroxide market, finds by Future Market Insights (FMI) in a recent research study. According to the report, the sodium hydroxide sales are anticipated to surge at a CAGR of 4.3%, reaching US$ 43.7 Bn by the end of the assessment period in 2031.
The growing demand for sodium hydroxide from various end-use sectors is encouraging market players to invest heavily in expanding their production capacities. East Asia is estimated to remain a key regional market owing to increasing applications, particularly driven by the demand for textile chemicals in textile industry.
Furthermore, the outbreak of the COVID-19 virus has resulted in reduced growth of many end-use industries including automotive and construction. This outbreak also has impacted the chemical industry. The losses arising during the pandemic have resulted in subduing growth for the sodium hydroxide market. However, the increasing demand in the pulp and paper industry is expected to support recovery of the sodium hydroxide market.
Download a Sample Report with Table of Contents and Figures:https://www.futuremarketinsights.com/reports/sample/rep-gb-13328
Key Takeaways from Sodium Hydroxide Market Study
Our advisory services are aimed at helping you with specific, customized insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you:https://www.futuremarketinsights.com/customization-available/rep-gb-13328
Who is Winning?
Leading players in the sodium hydroxide market are focusing on strategic expansions of production capacity, in addition to collaborations, partnerships, and acquisitions to produce high-quality products. They are also focusing on bolstering their product portfolio and developing stronger distribution partnerships.
Key manufacturers in the sodium hydroxide market, include but are not limited to Olin Corporation, Tosoh Corporation, BASF SE, Formosa Plastics Corporation, Dow Chemical Company, Shin-Etsu Chemical Co Ltd, Westlake Chemical Corporation, Covestro AG, Solvay S.A., Gujarat Alkalies and Chemicals Limited, Occidental Petrochemical Corporation, Tata Chemicals Ltd., Xinjiang Zhongtai Chemical Co. Ltd, Vynova Group, CJ Chemicals, ProChem, Inc., Chemical Store Inc, GFS Chemicals, Inc.
Get full Report Now: https://www.futuremarketinsights.com/checkout/13328
Valuable Insights into Sodium Hydroxide Market
Future Market Insights has published a market research report on the sodium hydroxide market that contains global analysis for 2016-2020 and opportunity assessment for 2021-2031. The report provides insightful analysis of the Sodium Hydroxide market through two different segments- Product Type, application and Region.
Increasing research and development (R&D) activities aimed at the development of new production technologies are expected to create growth opportunities for sodium hydroxide market, finds by Future Market Insights (FMI) in a recent research study. According to the report, the sodium hydroxide sales are anticipated to surge at a CAGR of 4.3%, reaching US$ 43.7 Bn by the end of the assessment period in 2031.
The growing demand for sodium hydroxide from various end-use sectors is encouraging market players to invest heavily in expanding their production capacities. East Asia is estimated to remain a key regional market owing to increasing applications, particularly driven by the demand for textile chemicals in textile industry.
Furthermore, the outbreak of the COVID-19 virus has resulted in reduced growth of many end-use industries including automotive and construction. This outbreak also has impacted the chemical industry. The losses arising during the pandemic have resulted in subduing growth for the sodium hydroxide market. However, the increasing demand in the pulp and paper industry is expected to support recovery of the sodium hydroxide market.
Download a Sample Report with Table of Contents and Figures:https://www.futuremarketinsights.com/reports/sample/rep-gb-13328
Key Takeaways from Sodium Hydroxide Market Study
Our advisory services are aimed at helping you with specific, customized insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you:https://www.futuremarketinsights.com/customization-available/rep-gb-13328
Who is Winning?
Leading players in the sodium hydroxide market are focusing on strategic expansions of production capacity, in addition to collaborations, partnerships, and acquisitions to produce high-quality products. They are also focusing on bolstering their product portfolio and developing stronger distribution partnerships.
Key manufacturers in the sodium hydroxide market, include but are not limited to Olin Corporation, Tosoh Corporation, BASF SE, Formosa Plastics Corporation, Dow Chemical Company, Shin-Etsu Chemical Co Ltd, Westlake Chemical Corporation, Covestro AG, Solvay S.A., Gujarat Alkalies and Chemicals Limited, Occidental Petrochemical Corporation, Tata Chemicals Ltd., Xinjiang Zhongtai Chemical Co. Ltd, Vynova Group, CJ Chemicals, ProChem, Inc., Chemical Store Inc, GFS Chemicals, Inc.
Get full Report Now: https://www.futuremarketinsights.com/checkout/13328
Valuable Insights into Sodium Hydroxide Market
Future Market Insights has published a market research report on the sodium hydroxide market that contains global analysis for 2016-2020 and opportunity assessment for 2021-2031. The report provides insightful analysis of the Sodium Hydroxide market through two different segments- Product Type, application and Region.
Explore more articles in the Research Reports category
