Procurement Resource Evaluates the Price Trends of Caustic Soda in its Latest Insights and Dashboard
Price Trends of Caustic Soda in its Latest Insights and Dashboard
Procurement Resource does an in-depth analysis of the market trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Caustic Soda price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends. Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; Customisation of price currencies and units and downloading of price information as excel files that can be used offline. The pricing database and analysis of Caustic soda can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
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The inorganic chemical sodium hydroxide, popularly known as lye or caustic soda has the formula NaOH. It is a white ionic substance made up of sodium cations Na+ and hydroxide anions OH. At room temperature, sodium hydroxide is a caustic base and alkali that decomposes proteins and can cause serious chemical burns. Additionally, caustic soda is highly soluble in water and readily collects moisture and carbon dioxide from the air. It produces a sequence of hydrates known as NaOHnH2O. Between 12.3 and 61.8 °C, the monohydrate NaOHH2O crystalises from water solutions.
Check Also Caustic Soda Procurement Reports – https://www.procurementresource.com/production-cost-report-store/caustic-soda
Regions Covered to Evaluate Caustic Soda Price Trend:
- North America
- South America
- The Asia Pacific
- The Middle East
Industrial Uses Impacting Caustic Soda Price Trend:
Sodium hydroxide or caustic soda is applied in making a variety of soaps and detergents that are utilised in both homes and businesses. It is also popularly used as a drain cleaner that transforms fat and grease that clogs pipes into soap, which dissolves in water. In addition, sodium hydroxide is used in cleaning and disinfection goods, pharmaceuticals and medicine, and fuel cell production in the energy sector. Fuel cells, like batteries, create power cleanly and efficiently for a variety of uses.
Also Check Caustic Soda Industry Report – https://www.procurementresource.com/reports/caustic-soda-industry-report
Key Market Players:
- Akzo Nobel NV
- Occidental Petroleum Corporation (OxyChem)
- Arkema Group
- Covestro AG
- Tata Chemicals Limited
- Dow Chemical Company
- Shin-Etsu Chemicals Co. Ltd
- Saudi Basic Industries Corporation (SABIC)
- Solvay SA
News and Events:
- Chemfab Alkalies, based in India, announced in April 2021, that it plans to boost its production capacity from 45,600 tonnes to 56,575 tonnes by using membrane cell production technology.
Procurement Resource is Claight’s subscription-based SaaS platform providing in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent. We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data. To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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