India Caustic Soda Market Size, Share to Grow at a CAGR of 6.50% by FY2035 | ChemAnalyst


Posted January 19, 2023 by chemanalystreports

The Indian India Caustic Soda Market is likely to reach around 9800 thousand tonnes by FY2035, at a healthy CAGR of 6.50% during the forecasted period.
 
According to ChemAnalyst report, “India Caustic Soda Market Analysis: Plant Capacity, Production, Process, Technology, Operating Efficiency, Demand & Supply, Type, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, FY2015-FY2035”, The India Caustic Soda Market is likely to reach around 9800 thousand tonnes by FY2035, at a healthy CAGR of 6.50% during the forecasted period. The end-use industries like Chemical Industries, Textile, Alumina, Pulp & Paper, and Soaps & detergents are anticipated to expand the India Caustic Soda Market in the forthcoming years. ​

Caustic soda is an inorganic bulk chemical, strongly alkaline, and odourless, having application in various fields like pulp and paper manufacturing, viscose yarn, staple fiber, aluminum, textiles, soaps & detergent, dyestuffs, drugs and pharmaceuticals, petroleum refining, etc. It occurs in two forms, liquid form which is called lye & solid form which is called Flakes or pellets. Caustic soda is used to extract alumina from bauxite ore in the Bayer’s process. Concentrated solution of caustic soda dissolves alumina to form sodium aluminate, from which alumina is separated by reverse reaction. India Caustic soda is an important raw material in the manufacturing of various chemicals and used as an intermediate, reactant, pH regulator, in acidic waste treatment, etc., in chemical industries. In the textile industry, caustic soda is used for the mercerization of cotton and blended fabrics as well as the production of synthetic fibres. Mercerization renders the cotton fibre smooth and lustrous and increases the fabric strength. The growing demand of caustic soda is linked to the high adoption rate brought on by government initiatives that support this industry in this area as well as the large demand for caustic soda across a number of industries.

Read Full Report Here: https://www.chemanalyst.com/industry-report/india-caustic-soda-market-1

The India Caustic Soda Market is segmented based on type, end-use, sales channel, and region. Based on type, the Caustic soda market is segregated into Lye and Flakes. As of FY2022, The Lye segment is leading the caustic soda market in India and mainly utilized by the Alumina and Pulp & Paper industries. India Caustic Soda Lye is heavily used in the eastern region due to the presence of leading alumina industries like Utkal Alumina, Vedanta limited & Nalco in eastern states like Odisha. These companies are the major end users of India Caustic Soda Lye.

Based on end-use, the India Caustic Soda market is segregated into Chemical Industries, Textile, Alumina, Pulp & Paper, Soaps & detergents, and Others. The Chemical Industries is the leading segment and consumed roughly 28% of the Caustic Soda in FY2022. Caustic Soda serves a wide range of applications such as water treatment, domestic cleaning, metal processing, glass making, mining, etc. Textile and Alumina are also leading consumers of Caustic Soda.

India Caustic Soda market is segregated into four regions based on regional consumption: West, South, North, and South. In the historic period of FY2015-FY2022, West India has been dominating the market accounted about 48% of the Caustic Soda market in FY2022. States like Gujarat, Rajasthan, and Maharashtra have been the leading consumer of Caustic Soda due to presence of leading Alumina, Textile, Pulp & Paper industries located in western India.

Read Full Report Here: https://www.chemanalyst.com/industry-report/india-caustic-soda-market-1

“India Caustic Soda Market Analysis: Plant Capacity, Production, Process, Technology, Operating Efficiency, Demand & Supply, Type, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, FY2015-FY2035” Major players in the India Caustic Soda market are Grasim Industries Limited, DCM Shriram Consolidated Limited, Gujarat Alkalies and Chemicals Limited, Reliance Industries Ltd, ChemPlast Sanmar, DCW Limited, Nirma Limited, Meghmani Organics Limited., TGV SRAAC Ltd., Atul Limited, Gujarat Fluorochemicals Ltd., Kutch Chemicals Industries Ltd. (PANOLI Intermediates), Tata Chemicals Ltd., Lords Chloro Alkali Ltd., Century Rayon (Grasim Industries Limited), Durgapur Chemicals Ltd., The Andhra Sugars Ltd, Punjab Alkalies & Chemicals Ltd, Bodal Chemicals (Mawana Sugars Ltd.-Siel Chemical Complex), Chemfab Alkalis Ltd, The Travancore-Cochin Chemicals Ltd., Tamilnadu Petroproducts Limited and Others.

“The surging demand for Caustic Soda to numerous chemicals, alumina, soaps & detergents, pulp & paper products are expected to drive the India Caustic Soda Market in the forecast period until FY2035. West India is the major consumer of Caustic Soda due to the leading Alumina, Textile, Pulp & Paper industries located in West India manufacturers located in this region. Owing to the growing number of chemical, textile, alumina and Pulp & Paper industries in India, the demand of Caustic Soda is anticipated to rise in the forecast period. ”Said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.

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Last Updated January 19, 2023