The LAMEA Caustic Soda Market would witness market growth of 7.3% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 9,396.7 Kilo Tonnes, showcasing a growth of 6.8% (2023-2030).
This chemical (sodium hydroxide, NaOH) plays a critical role in the pulp and paper industry, particularly in various essential applications. One of its primary functions is in the pulping process, where it is used in the kraft pulping method. In this process, this chemical is combined with sodium sulfide (Na2S) to create a chemical solution known as white liquor. Therefore, the Brazil used a total of 258.20 Kilo tonnes of this chemical for pulp and paper applications in 2022.
The Brazil market dominated the LAMEA Caustic Soda Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,161.1 million by 2030. The Argentina market is showcasing a CAGR of 8.4% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 6.9% during (2023 - 2030).
Regulatory developments have shaped the market. In recent years, the necessity of lowering the carbon footprint of manufacturing operations and environmental sustainability has received increased attention. This has led to increased scrutiny of the chemical’s production methods and a push towards more sustainable production practices.
In addition to new applications, innovations are being made in the packaging and distribution of this chemical. Companies are developing new packaging materials and distribution methods to improve safety and reduce the risk of spills or leaks. For example, some companies are using advanced packaging materials that are more resistant to corrosion and can withstand harsh environments. Others are implementing new logistics strategies to minimize transportation costs and reduce carbon emissions.
Countries like Saudi Arabia and the UAE are investing heavily in petrochemical industries, which are major consumers of this chemical. According to the data published by the International Trade Administration (ITA) in 2023, the United Arab Emirates (UAE) is among the top ten oil-producing countries in the world. Abu Dhabi is home to around 96% of the nation's approximately 100 billion barrels of known oil reserves, ranking sixth globally. Every day, the United Arab Emirates produces 3.2 million barrels of petroleum and liquids on average. The United Arab Emirates declared in 2020 that they had found more than 80 trillion cubic feet of gas resources at Jebel Ali. The growth of the petrochemical sector in the region is boosting the demand for this chemical. Thus, as these trends continue, the demand for this chemical in the region is expected to remain strong.
Based on Application, the market is segmented into Organic Chemical, Inorganic Chemical, Alumina, Pulp & Paper, Soap & Detergent, Water Treatment, and Others. Based on Production Process, the market is segmented into Membrane Cell, Diaphragm Cell, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
This chemical (sodium hydroxide, NaOH) plays a critical role in the pulp and paper industry, particularly in various essential applications. One of its primary functions is in the pulping process, where it is used in the kraft pulping method. In this process, this chemical is combined with sodium sulfide (Na2S) to create a chemical solution known as white liquor. Therefore, the Brazil used a total of 258.20 Kilo tonnes of this chemical for pulp and paper applications in 2022.
The Brazil market dominated the LAMEA Caustic Soda Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,161.1 million by 2030. The Argentina market is showcasing a CAGR of 8.4% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 6.9% during (2023 - 2030).
Regulatory developments have shaped the market. In recent years, the necessity of lowering the carbon footprint of manufacturing operations and environmental sustainability has received increased attention. This has led to increased scrutiny of the chemical’s production methods and a push towards more sustainable production practices.
In addition to new applications, innovations are being made in the packaging and distribution of this chemical. Companies are developing new packaging materials and distribution methods to improve safety and reduce the risk of spills or leaks. For example, some companies are using advanced packaging materials that are more resistant to corrosion and can withstand harsh environments. Others are implementing new logistics strategies to minimize transportation costs and reduce carbon emissions.
Countries like Saudi Arabia and the UAE are investing heavily in petrochemical industries, which are major consumers of this chemical. According to the data published by the International Trade Administration (ITA) in 2023, the United Arab Emirates (UAE) is among the top ten oil-producing countries in the world. Abu Dhabi is home to around 96% of the nation's approximately 100 billion barrels of known oil reserves, ranking sixth globally. Every day, the United Arab Emirates produces 3.2 million barrels of petroleum and liquids on average. The United Arab Emirates declared in 2020 that they had found more than 80 trillion cubic feet of gas resources at Jebel Ali. The growth of the petrochemical sector in the region is boosting the demand for this chemical. Thus, as these trends continue, the demand for this chemical in the region is expected to remain strong.
Based on Application, the market is segmented into Organic Chemical, Inorganic Chemical, Alumina, Pulp & Paper, Soap & Detergent, Water Treatment, and Others. Based on Production Process, the market is segmented into Membrane Cell, Diaphragm Cell, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Shin-Etsu Chemical Co., Ltd.
- Gujarat Alkalies and Chemicals Limited
- INEOS Group Holdings S.A.
- BASF SE
- The Dow Chemical Company
- Tata Chemicals Ltd.
- Solvay SA
- Covestro AG
- LG Chem Ltd. (LG Corporation)
- Formosa Plastics Group
Market Report Segmentation
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)- Organic Chemical
- Inorganic Chemical
- Alumina
- Pulp & Paper
- Soap & Detergent
- Water Treatment
- Others
- Membrane Cell
- Diaphragm Cell
- Others
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. LAMEA Caustic Soda Market by Application
Chapter 5. LAMEA Caustic Soda Market by Production Process
Chapter 6. LAMEA Caustic Soda Market by Country
Chapter 7. Company Profiles
Companies Mentioned
- Shin-Etsu Chemical Co., Ltd.
- Gujarat Alkalies and Chemicals Limited
- INEOS Group Holdings S.A.
- BASF SE
- The Dow Chemical Company
- Tata Chemicals Ltd.
- Solvay SA
- Covestro AG
- LG Chem Ltd. (LG Corporation)
- Formosa Plastics Group
Methodology
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