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Production Of Pearl Caustic Soda | |
| Production of Pearl Caustic Soda. Investment Opportunities in Inorganic Chemical Industry. Manufacture of Caustic Soda Pearl Caustic soda pearls (also known as sodium hydroxide, caustic soda, NaOH, sodium hydrate, or Sodagrain) are white spheres of caustic soda with a barely perceptible odour. They are soluble in water, with the liberation of heat, and are stable under normal conditions. Caustic soda is a strong base and, as such, has many applications in industries all over the world, both now and in the past. It is one of the oldest manmade chemicals with excavations in Egypt showing samples of it dating from 3000 B.C. Uses: Caustic soda pearls are an important inorganic chemical as they are used in numerous industries worldwide. The highest demand for caustic soda comes from the paper industry where it is utilised in pulping and bleaching processes. They are also in demand in the aluminium industry as the caustic soda dissolves bauxite ore, which is the raw material in aluminium production. Another major use for caustic soda is chemical processing as caustic soda is a basic feedstock for a range of down-stream products including solvents, plastics, fabrics, adhesives etc. Caustic soda pearls are also used in soap production as they engender saponification of the vegetable oils or fats that are necessary for soap manufacture. They also have in role in the natural gas industry where sodium hydroxide is used to help produce and process petroleum products. Caustic soda can also be employed in the textile industry where it is used in the chemical processing of cotton. Caustic soda also has small scale applications. It can also be used for aluminium etching, chemical analysis, and in paint stripper. It is also a component in a range of domestic products including pipe and drain cleaner, oven cleaner, and in home-cleaning products. The global caustic soda market is expected to reach USD 46.31 billion by 2024. Escalating demand across various industries such as textile, pulp & paper, organic chemicals, etc. is expected to strengthen the market growth. Rising demand for alumina in automobile industry especially in Asia Pacific is considered to stimulate the market growth. Organic chemicals emerged as the leading application segment and accounted for 16.3% of total market volume in 2015. Owing to incessant demand for manmade fibers, the textile industry is expected to emerge as the fastest growing application segment at an estimated CAGR of 4.4% from 2016 to 2024. Textiles are expected to emerge as the leading application surpassing organic chemicals over the forecast period. The demand for pulp and paper is increasing due to rising domestic household tissue paper requirements, application of pulp and paper in printing and writing paper is also growing which will boost the demand for caustic soda. Growing usage of magazine and newspaper across the globe is positively impacting the caustic soda market. Moreover, textile industry is expanding owing to technological development and pouring investment, hence these factors are propelling overall market growth in coming years. Caustic soda serves as a strong alkali compound and readily reacts with various substances including zinc and aluminum. This is another major factor likely to propel the market demand in metallurgical applications. Moreover, the market is further expected to accelerate with the increase in consumption of caustic soda in alumina extraction. Caustic soda garners a share of more than 40% among the inorganic chemicals in terms of volume of consumption worldwide. Demand from the organic chemicals industries account for a significant portion of the volume of caustic soda market. The increasing demand from end user industries such as pulp, paper, and textiles is expected to the drive the growth of the global caustic soda market. The increasing demand for alumina from the automobile industry is boosting the growth of the global caustic soda market during the estimated period. 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| Return: 1.00% | Break even: N/A |
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