Monday, May 22, 2023

 Sodium hydroxide, also known as caustic soda or lye, is a caustic and corrosive inorganic chemical. It is a white solid at room temperature that is highly soluble in water, resulting in an exothermic reaction. It is a sturdy foundation that is commonly employed in industry.

It is produced by electrolyzing salt brine or by combining calcium hydroxide and sodium carbonate. It has a wide range of industrial applications, including pulp and paper manufacturing, textiles, soap and detergent manufacturing, and a variety of chemical manufacturing.

It is a powerful alkali that is used in a variety of processes, including the production of biodiesel, aluminium, and sodium salts. It is a white, odourless material at room temperature. It could also come in pellets or flakes. Its melting point is 318°C (604°F) and its boiling point is 1,388°C (2,530°F).

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It has a solid density of 2.13 g/cm3, whereas its solution density changes with concentration. Sodium hydroxide is very soluble in water at normal temperature, with a solubility of roughly 109 g/100 mL. The solubility increases as the temperature rises. It has a pH of 14 in solution and is a strong basic.

The United States, Turkey, Netherlands, and Japan are the top sodium hydroxide-producing countries.

Key Details About the Sodium Hydroxide Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Sodium Hydroxide 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; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The Sodium Hydroxide price analysis, including India’s Sodium Hydroxide price, and USA’s Sodium Hydroxide price, pricing database, and chart can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Read Also - https://procurementresource.blogspot.com/2023/05/salicylic-acid-manufacturing.html

Industrial Uses Impacting Sodium Hydroxide Price Trend:

Sodium Hydroxide Price Trend

It is a critical chemical in the creation of pulp and paper. Rising demand for paper products such as packaging materials, tissue paper, and printing paper is driving sodium hydroxide consumption.

It is an essential component in the production of various chemicals, including detergents, soaps, and textiles. Rising industrial and household demand for these chemicals is driving sodium hydroxide consumption.

It is used to regulate water's pH and to remove heavy metals and other pollutants from effluent. The growing worry about water contamination and the desire for clean water is driving the demand for sodium hydroxide in the water treatment industry.

In the food industry, it is used to clean and disinfect food processing equipment as well as to adjust pH levels in a variety of food products. Rising demand for processed foods and growing concern about food safety are driving sodium hydroxide demand.

Key Players:

  • The DOW Chemical Company
  • BASF SE, Ciech S.A
  • Gujarat Alkalies and Chemicals Limited,
  • Kemira Chemicals, Inc
  • Shandong Haihua Group Co., Ltd
  • INEOS Newton Aycliffe Ltd
  • Solvay Chemicals

Recent News:

  • February 2022: Occidental Petroleum's chemical division is considering overhauling several chloralkali plants to expand capacity to create higher-value caustic soda. This will allow it to make significant changes to its current capacity in order to fulfill the increasing demand for its major products.

About Us:

Procurement Resource offers 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 most 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 tracks 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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Reference Link - https://researz.com/sodium-hydroxide-price-trend/

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