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Top Five Caustic Soda Suppliers Dominating the Chemical Industry
Caustic soda, also known as lye, has a wide variety of applications including candle making, homemade biodiesel, food preparation, soap making, and various chemistry experiments. Companies manufacturing and supplying caustic soda, also provide it to the petroleum industry where they use it as an additive in drilling mud to increase mud viscosity and neutralize any acid gases as the drilling progresses. The recent report from SpendEdge covers all vendors involved in the manufacturing, supplying, and exporting of caustic soda and estimates the market to be worth $42.08 billion by the year 2021. Currently, to provide better quality caustic soda and reduce the environmental impact, caustic soda suppliers are focusing on new manufacturing techniques such as membrane cell technology.
Top Caustic Soda Suppliers Across the World
The Dow Chemical Company recently merged with DuPont to create DowDuPont is the world's largest chemical company in terms of sales. The chemical and plastic manufacturing company is also one of the leading suppliers of plastics, agricultural products, and synthetic fibers. Dow was one of the first companies to manufacture caustic soda by electrolyzing brine for chlorine. The global website of Dow also ensures global production and supply capabilities, to provide convenient delivery and multiple sourcing points across the world.
BSAF SE, one of the largest chemical company in the world, was established in 1865. It has a wide product range from product categories such as petrochemicals, monomers, and intermediaries. Caustic soda, acrylic acid, ammonia, benzene, isocyanates, and propylene are some of the most significant products of the company. The company reported more than US$13 billion in sales from its chemicals division in 2016. It is also considered amongst one of the largest caustic soda suppliers in Europe.
Solvay made its entrance into the chemical industry when its founder, Ernest Solvay, discovered a profitable way of making soda ash in 1861. Solvay is still one of the worlds largest producer of soda ash. The company widely uses caustic soda in the manufacturing of its glass components, silicates, and organic and inorganic chemistry.
PPG Industries, Inc.
PPG Industries Inc. is an American Fortune 500 company established in 1883 with the first commercially successful plate glass factory in the US. The company currently continues to accelerate the pace of its business portfolio transformation by focusing on their coatings and specialty chemicals departments.
FMC Corporation
FMC Corporation is an American chemical manufacturing company founded by John Beane. It initially started out as an agrochemical company and launched its chemical business in 1943. It has partnered with corporations like Nemaska Lithium and Autopak Engineering Corporation.
Read more about the manufacturers, suppliers, and exporters of caustic soda along with top caustic soda suppliers, pricing models, competitor analysis, sourcing strategy, and procurement best practices in SpendEdge's upcoming report on the global caustic soda market.
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