Escalating demand across various industries such as textile, pulp & paper, organic chemicals, etc. is expected to strengthen the market growth. Rising demand for alumina in automobile industry especially in Asia Pacific is considered to stimulate the market growth. The Global Caustic Soda Market is expected to reach USD 46.31 billion by 2024, according to a new report by Grand View Research, Inc. Fluctuating prices due to high energy consumption and uneven production rates is likely to limit the market growth. Chlorine production is also expected to influence the caustic soda market as it is co-produced with chlorine. To Know More About Caustic Soda Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/caustic-soda-market Organic chemicals emerged as the leading application segment and accounted for 16.3% of total market volume in 2015. Owing to incessant demand for manmade fibers, the textile industry is expected to emerge as the fastest growing applicatio...