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India’s Caustic Soda Curve- Capacity races ahead of demand in Chlor-Alkali Market
South Asia is the next emerging chlor-alkali market after northeast Asia and north America, adding significant capacity to the global supply. India is undergoing a major transformation.
This insight paper, authored by Argus' Anshu Pandey, features an analysis on India's chlor-alkali market, including insights on:
- India becoming the third-largest caustic soda producer globally, driven by strong economic momentum and investments in chemical manufacturing.
- Production capacity growing at 9% CAGR, while domestic demand lags at 4% CAGR, leading to excess supply.
- India forced to export more caustic soda, but high ECU costs and low chlorine netbacks limit its global competitiveness.
The data and insights included within this insight paper is created using Argus Chlor-Alkali Analytics.
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