Caustic Soda Market Will Generate About USD 46.31 billion By 2025

Sodium hydroxide, also known as lye and caustic soda, is an inorganic compound with the formula NaOH.

What is a Caustic soda?

Sodium hydroxide, also known as lye and caustic soda, is an inorganic compound with the formula NaOH. Caustic soda is used in bleaching pulp and in verticals such as inorganic, organic, dyes, and textile.

The factors that propel the growth of the caustic soda industry include growing demand from the chemicals manufacturing, the increasing demand for alumina in the automotive industry, and the growing demand with respect to paperboards and paper. On the other hand, there are factors that may hamper the growth of the market including energy-intensive procedure of the production of caustic soda.

Caustic Soda Market is anticipated to grow at a significant CAGR of 3.2% in the upcoming period as the scope, product types, and its applications are increasing across the globe. Caustic Soda industry may be explored by type, application, and geography. The market may be explored by type as Flake, Lye. Others may include prill, microprill, and pellet.

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The key applications that could be explored in the Caustic Soda industry include Inorganic chemicals, Alumina, Steel/Metallurgy – Sintering, Organic chemicals, Food and Pulp & Paper, Textiles, Soaps & Detergents, Water Treatment, and Others. The “Organic Chemicals” segment led the Caustic Soda Market in 2015 and is anticipated to maintain its dominance by 2024. Organic chemicals segment is followed by “Textiles” sector and anticipated to grow at USD 8 billion by 2024.

Asia-Pacific accounted for the major share of the Caustic Soda Market Size in 2015 and will continue to lead in the forecast period. The factors that could be attributed to the growth include high product demand; which could primarily be attributed to the textile industry development in the developing countries such as India, China, Taiwan, Vietnam, etc. The demand in this region is estimated to escalate further due to increasing consumption in organic chemicals, soaps & detergents, aluminum, etc. followed by North America region.

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Some of the key players that fuel the growth of the Caustic Soda industry comprise Formosa Plastics Corporation, Dow Chemical Company, PPG Industries, Tosoh Corporation, Ineo’s Group Limited, Hanwha Chemical Corporation, Occidental Petroleum Corporation, FMC Corporation, and Solvay SA. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Market Segment:

Global Caustic Soda Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2024)
    • Alumina
    • Inorganic chemicals
    • Organic chemicals
    • Food and Pulp & Paper
    • Soaps & Detergents
    • Textiles
    • Water Treatment
    • Steel/Metallurgy – Sintering
    • Others

Covid-19 Effect on Caustic Soda Market Growing Demand, Size, Share & Future

Nov 18 2020: The global Caustic Soda market was valued at $XX million in 2018, and Radiant Research analysts predict the global market size will reach $XX million by the end of 2028, growing at a CAGR of XX% between 2018 and 2028.

This report provides detailed historical analysis of global market for Caustic Soda from 2013-2018, and provides extensive market forecasts from 2019-2028 by region/country and subsectors. It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Caustic Soda market.

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Leading players of Caustic Soda including:

  • Dow Chemical
  • OxyChem
  • Axiall
  • Olin Corporation
  • Formosa Plastics Corporation
  • Tosoh
  • Inovyn
  • Asahi Glass
  • Covestro
  • Shin-Etsu Chemical
  • AkzoNobel
  • Hanwha Chemical
  • Solvay
  • LG Chemical
  • Tokuyama Corp
  • Kemira
  • Basf
  • Aditya Birla Chemicals
  • GACL
  • Joint Stock Company Kaustik
  • Sanmar Group
  • Unipar Carbocloro
  • Braskem
  • Kem One
  • Vinnolit
  • Evonik
  • Tessenderlo Group
  • Ercros

Market split by Type, can be divided into:

  • Liquid Caustic Soda
  • Solid Caustic Soda
  • Caustic Soda Flake
  • Caustic Soda Particle

Market split by Application, can be divided into:

  • Pulp and Paper
  • Textiles
  • Soap and Detergents
  • Bleach Manufacturing
  • Petroleum Products
  • Aluminum Production

Market split by Sales Channel, can be divided into:

  • Direct Channel
  • Distribution Channel

Market segment by Region/Country including:

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Spain etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
  • South America Brazil, Argentina, Colombia and Chile etc.)
  • Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)

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Table of Contents

Chapter 1 Caustic Soda Market Overview

1.1 Caustic Soda Definition

1.2 Global Caustic Soda Market Size Status and Outlook (2013-2028)

1.3 Global Caustic Soda Market Size Comparison by Region (2013-2028)

1.4 Global Caustic Soda Market Size Comparison by Type (2013-2028)

1.5 Global Caustic Soda Market Size Comparison by Application (2013-2028)

1.6 Global Caustic Soda Market Size Comparison by Sales Channel (2013-2028)

1.7 Caustic Soda Market Dynamics

1.7.1 Market Drivers/Opportunities

1.7.2 Market Challenges/Risks

1.7.3 Market News (Mergers/Acquisitions/ Expansion)

Chapter 2 Caustic Soda Market Segment Analysis by Player

2.1 Global Caustic Soda Sales and Market Share by Player (2016-2018)

2.2 Global Caustic Soda Revenue and Market Share by Player (2016-2018)

2.3 Global Caustic Soda Average Price by Player (2016-2018)

2.4 Players Competition Situation & Trends

2.5 Conclusion of Segment by Player

Chapter 3 Caustic Soda Market Segment Analysis by Type

3.1 Global Caustic Soda Market by Type

3.1.1 Liquid Caustic Soda

3.1.2 Solid Caustic Soda

3.1.3 Caustic Soda Flake

3.1.4 Caustic Soda Particle

3.2 Global Caustic Soda Sales and Market Share by Type (2013-2018)

3.3 Global Caustic Soda Revenue and Market Share by Type (2013-2018)

3.4 Global Caustic Soda Average Price by Type (2013-2018)

3.5 Leading Players of Caustic Soda by Type in 2018

3.6 Conclusion of Segment by Type


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