The "Global Caustic Soda Market - Segmented by Production Process, End User Industry and Region - Growth, Trends and Forecast (2018-2023)" report has been added to ResearchAndMarkets.com's offering.
The caustic soda market is expected to grow at a CAGR of approximately 6.78% during the forecast period 2018-2023.
In recent times, there has been an increasing demand for alumina in automobiles, such as autos and commercial vehicles, as it offers various benefits, such as the fastest, safest, environment-friendly, and cost-effective ways to increase performance, as well as boost the fuel economy and reduce the emissions without compromising the safety and durability.
The market is segmented on the basis of the production process and end-user industry. On the basis of the production process, membrane cell process accounts for the largest market share and is expected to grow at a good rate because of the growing advancements in membrane technologies, like the ion-selective membrane, and its easy availability in the market.
Asia-Pacific is the dominant region and is expected to emerge as the fastest-growing market due to a high product demand, which mainly attributable to the growing end-user industries, like textile the industry in the emerging economies, such as India, China, Taiwan, Vietnam, etc.
Key Topics Covered:
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Competitive Landscape
8. Company Profiles
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View source version on businesswire.com: https://www.businesswire.com/news/home/20180523006533/en/