Caustic Soda Market

  The global  caustic soda market  is forecast to reach USD 68.9 Billion by 2030, according to a new report by Reports and Data. Sodium Hydroxide is a substance used as an ingredient or in the production of dozens of household products such as detergents, body soap, and drain cleaners. Sodium Hydroxide is a simple man-made chemical compound and comprises one oxygen (O), one sodium (Na), and one hydrogen (H) atom, which is why it’s also known as sodium hydroxide, NaOH. Sodium Hydroxide is a solid at room temperature, but since it readily dissolves in water, it is usually sold and transported as a solution of different variety concentrations. When the market product is mixed with water or acid, the resultant is a strongly exothermic reaction where heat is released and is used as a source of energy to trigger other chemical processes. In many lye-related chemical reactions, Sodium Hydroxide gives up its sodium, hydrogen, and oxygen atoms to help form new chemical compounds. ...