In 2017, global sodium hydroxide production was 67.6 million tons and it will reach 80.7 million tons in 2022; while the global revenue of sodium hydroxide was 20.2 billion USD and will be 26.7 billion USD in 2022, with a CAGR of 4.7% between 2017 and 2022.
In the past several years, the price of sodium hydroxide showed a trend of fluctuations due to the change of global demand ans supply. In future, the sodium hydroxide price will be full of uncertainty and not yet on a stable footing, affected by the global economy.
China is the largest producer and consumer of sodium hydroxide, driven by its status as the workshop of the world; Currently the sodium hydroxide in China is being excess of production capacity and the government and the top players are thinking to curb overcapacity in chlor-alkali. In future, China will remain its existing status and will have more greater influence on global sodium hydroxide supply and demand. There are lots of producers in China, but most of them are small and medium-sized producers and supply the low-end price, low price and fierce competition.
North America is the second producer and consumer, and the American producers like Dow Chemical, OxyChem, Axiall and Olin Corporation, are dominating the North America market, these players also play important role in global market.
Europe is the third producer and consumer, the top players like Dow, Ineos, Covestro, AkzoNobel, Solvay and Basf are dominating the Europe market.
The《Global Sodium Hydroxide Market Research Report 2017》report released by QYResearch provides a basic overview of the sodium hydroxide industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.
The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the asphalt industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.