Caustic Soda Market

Sodium hydroxide is also known as caustic soda, caustic, and lye. Anhydrous (100%, solid) caustic soda has a chemical formula of NaOH and a molecular weight of 40.00.

It is available commercially in the form of liquid, solid, flakes, or particles. Sodium hydroxide has diverse industrial applications due to its strong alkaline nature. It is integral to the manufacture of petroleum products, pulp and paper, alumina, textiles, and soaps and detergents, along with its application in chemical processing, water treatment and petroleum processing.

For commercial purposes, caustic soda is used either in a 32%, 45% of 50% etc. aqueous solution or as a solid. Industrially, caustic soda is most commonly manufactured by the electrolysis of a sodium chloride (NaCl) solution. The co-products formed from the electrolytic production of caustic soda are chlorine and hydrogen.

Caustic Soda Market aims to provide a comprehensive presentation of the global market for Caustic Soda, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Caustic Soda. Caustic Soda Market contains market size and forecasts of Caustic Soda in global, including the following market information:

Global Caustic Soda Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global Caustic Soda Market Sales, 2018-2023, 2024-2029, (K MT)

Global top five Caustic Soda companies in 2022 (%)

The global Caustic Soda market was valued at US$ 24520 million in 2022 and is projected to reach US$ 33360 million by 2029, at a CAGR of 4.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

China is the largest Caustic Soda market with about 45% market share. US is follower, accounting for about 19% market share.

The key players are DowDuPont, OxyChem, Westlake Chemical, Olin Corporation, Formosa Plastics Corporation, Tosoh, Inovyn, Asahi Glass, Covestro, Shin-Etsu Chemical, AkzoNobel, Hanwha Chemical, Solvay, LG Chemical, Tokuyama Corp, SABIC, Kemira, Basf, Aditya Birla Chemicals, GACL, Joint Stock Company Kaustik, Sanmar Group, Unipar Carbocloro, Braskem, Kem One, Vinnolit, Evonik, VESTOLIT, Tessenderlo Group, Ercros etc. Top 3 companies occupied about 17% market share.

We surveyed the Caustic Soda manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Caustic Soda Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)

Global Caustic Soda Market Segment Percentages, by Type, 2022 (%)

Liquid Caustic Soda

Solid Caustic Soda

Caustic Soda Flake

Caustic Soda Particle

Global Caustic Soda Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)

Global Caustic Soda Market Segment Percentages, by Application, 2022 (%)

Pulp and Paper

Textiles

Soap and Detergents

Bleach Manufacturing

Petroleum Products

Aluminum Production

Chemical Processing

Others

Global Caustic Soda Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)

Global Caustic Soda Market Segment Percentages, By Region and Country, 2022 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Caustic Soda revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Caustic Soda revenues share in global market, 2022 (%)

Key companies Caustic Soda sales in global market, 2018-2023 (Estimated), (K MT)

Key companies Caustic Soda sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

Dow Inc

OxyChem

Westlake Chemical

Olin Corporation

Formosa Plastics Corporation

Tosoh

INEOS Chemicals

Asahi Glass

Covestro

Shin-Etsu Chemical

Nobian

Hanwha Chemical

Ercros

LG Chemical

Tangshan Sanyou Alkali Chloride

Zhejiang Juhua

Henan Shenma Chhlorine Alkali

Sinopec Qilu Petrochemical

Tianyuan Group

Shandong Dadi Salt Chemical

Befar Group

Inner Mongolia Elion Chemical

Xinjiang Zhongtai

Xinjiang Tianye

Beiyuan Group

Shandong Jinling

SP Chemical (Taixing)

Haili Chemical

Huatai Group

Wanhua Chemical (Ningbo)

Tokuyama Corp

SABIC

Kemira

Basf

Aditya Birla Chemicals

GACL

Kem One

ChemChina

Outline of Major Chapters:

Chapter 1: Introduces the definition of Caustic Soda, market overview.

Chapter 2: Global Caustic Soda market size in revenue and volume.

Chapter 3: Detailed analysis of Caustic Soda manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Caustic Soda in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Caustic Soda capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.