GLOBAL MARKET SIZE AND EXPECTED GROWTH OF CAUSTIC SODA MARKET
Asia Pacific region is expected to dominate the market till 2027. China (38%), India (5%) , Japan(7%) currently has 50% of global market share, volume wise.
North America accounts for 17% share and Europe 28.6%’
China is both the largest producer and consumer of caustic soda with 38MMT of installed capacity.
Important thing to note here is installed capacity is more than the demand, 1 reason can be that average capacity utilization is around 82% in Chlor Alkali industry.
But want to understand the exact reason of this demand/supply mismatch and why companies are increasing more capacity etc…
| Subscribe To Our Free Newsletter |
