Domination of the Chemical Industry: Top Five Caustic Soda Suppliers
Originally Published on: SpendEdge |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, culinary preparation, soap making, and various chemistry experiments. Companies that manufacture and distribute caustic soda also provide it to the petroleum industry, which uses it as an additive in drilling mud to increase mud viscosity and neutralize acid vapors as drilling progresses. SpendEdge's recent report examines all companies involved in the production, distribution, and exportation of caustic soda and projects that the market will be worth $42,08 billion by 2021. Currently, caustic soda suppliers are focusing on novel manufacturing techniques, such as membrane cell technology, in order to provide caustic soda of higher quality and reduce its environmental impact.
Global Leaders in Caustic Soda Distribution
Chemical manufacturer Dow
Dow Chemical Company and DuPont amalgamated to form Dow Chemical Company.In terms of revenues, DuPont is the world's largest chemical company. The chemical and plastics manufacturer is also one of the foremost providers of plastics, agricultural products, and synthetic fibers. Dow was among the first companies to manufacture caustic soda by electrolyzing saline to produce chlorine. Dow's global website ensures global production and supply capabilities in order to provide convenient delivery and multiple sourcing points around the globe.
BASF AG
Established in 1865, BSAF SE is one of the world's major chemical corporations. It has a diverse product portfolio that includes petrochemicals, monomers, and intermediaries. Some of the company's most significant products include caustic soda, acrylic acid, ammonia, benzene, isocyanates, and propylene. In 2016, the company's chemicals division reported sales of more than US$13 billion. It is also regarded as one of Europe's main providers of caustic soda.
Solvay
In 1861, Ernest Solvay, the company's founder, developed a profitable method for producing soda ash, which marked Solvay's entry into the chemical industry. Solvay remains one of the largest soda ash producers in the globe. In the production of glass components, silicates, and organic and inorganic chemistry, the corporation makes extensive use of caustic soda.
The PPG Industries, Inc.
PPG Industries Inc. is an American Fortune 500 company founded in 1883 as the first commercially effective US plate glass factory. Focusing on their coatings and specialty chemicals divisions, the company continues to accelerate the pace of its business portfolio transformation.
The FMC Company
John Beane founded the FMC Corporation, an American manufacturer of chemicals. It began as an agrochemical enterprise in 1943, and subsequently expanded into the chemical industry. It has formed partnerships with Nemaska Lithium and Autopak Engineering Corporation.
Consult our specialists
Consult our specialists
