Sodium Hydroxide Prices, Trends & Forecasts | Provided by Procurement Resource

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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.

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

This chemical is typically produced through the electrolysis of salt brine or by combining sodium carbonate and calcium hydroxide. With a melting point of 318°C (604°F) and a boiling point of 1,388°C (2,530°F), sodium hydroxide remains a white, colorless, and odorless substance.

Its applications range from the production of sodium salts to aluminum processing due to its strong basic properties, boasting a pH of 14 in solution. Sodium hydroxide exhibits a solubility of approximately 109 g/100 mL and a density of 2.13 g/cm³.

In terms of pricing, the sodium hydroxide price index fluctuates based on market demand and supply dynamics, influenced by factors such as production levels, global economic conditions, and geopolitical factors. Major producers of sodium hydroxide include the United States, Turkey, Netherlands, and Japan, contributing significantly to its global supply chain and pricing trends.

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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.

Industrial Uses Impacting Sodium Hydroxide Price Trend:

Sodium Hydroxide Price Trend

Sodium hydroxide finds extensive application in diverse industries such as chemicals, detergents, soaps, and textiles, as well as in the production of paper and pulp. The demand for sodium hydroxide is on the rise, particularly driven by the increasing need for paper-based products like packaging materials, tissue paper, and printing.

Furthermore, sodium hydroxide is utilized for removing heavy metals and other pollutants from wastewater and for regulating water pH levels. It plays a crucial role in disinfecting and cleaning food processing equipment and is also used to adjust pH levels in various food products. The growing awareness regarding processed foods is contributing to the heightened demand for sodium hydroxide.

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

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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