Wednesday, May 31, 2023

 Sodium hydroxide is a corrosive and caustic inorganic chemical. It is also called lye or caustic soda. It is highly soluble in water and is a white crystalline solid at room temperature. It is extensively employed in various industries.

It is created by the electrolysis of salt brine or by combing sodium carbonate and calcium hydroxide. The melting point of sodium hydroxide is 318°C (604°F) and its boiling point is 1,388°C (2,530°F). It is a white, colourless, and odourless chemical in nature.

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It is used in various processes, which include the production of sodium salts, aluminium, and sodium salts. It is a strong basic chemical and has a PH of 14 in a solution. The solubility of sodium hydroxide is approximately 109 g/100 mL. The density of sodium hydroxide is 2.13 g/cm3.

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 chart, including India’s Sodium Hydroxide price, and USA’s Sodium Hydroxide price, pricing database, and analysis 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/sorbitol-prices_01841652674.html

Industrial Uses Impacting Sodium Hydroxide Price Trend:

Sodium Hydroxide Price Trend

It is primarily employed in various chemicals like detergents, soaps, and textiles. It is also utilised in the production of paper and pulp. The market for sodium hydroxide is growing, due to the rising demand for paper products like packaging materials, tissue paper, and printing.

Additionally, it is employed to remove heavy metals and other pollutants from effluent. It is also utilised to regulate the water’s PH.

Other than that, it is used to disinfect and clean food processing equipment as well as to adjust the PH levels in various food products. The growing concern about processed foods is propelling the 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

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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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