+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Caustic Soda Market Report and Forecast 2023-2028

  • PDF Icon

    Report

  • 183 Pages
  • September 2023
  • Region: Global
  • Expert Market Research
  • ID: 5878859
According to the report, the global caustic soda market is likely to register moderate growth at a CAGR of nearly 3% during the forecasted period of 2023-2028. Aided by the extensive range of industrial applications of caustic soda and the increasing demand in the chemical sector, the market is expected to grow significantly by 2028.

Caustic soda, commonly known as lye or sodium hydroxide, is an alkaline, corrosive, and inorganic compound. Its versatile nature and reactivity make it a quintessential component in various industries, primarily in the manufacture of pulp and paper, textiles, drinking water, soaps and detergents, and as a drain cleaner. Caustic soda's role is not just limited to the manufacturing process; it's also critical for pH regulation and organic synthesis.

The caustic soda market demand has been on an upward trajectory due to the chemical's importance in various industries. The pulp and paper industry, for instance, utilises caustic soda as a vital element in the pulping and bleaching processes. Concurrently, the textile sector employs it for dyeing and processing, ensuring materials retain their colour and finish. Another significant driver is the role of caustic soda in the water treatment processes, essential for rendering water safe for consumption.

With the evolving dynamics of industries and the focus on sustainable and eco-friendly products, there has been a notable increase in the demand for bio-based soaps and detergents. This trend has subsequently amplified the requirement for caustic soda, which plays a pivotal role in the saponification process to produce natural soaps. Furthermore, the upswing in the aluminium industry, where caustic soda is used for ore processing, has further augmented caustic soda market growth.

However, the versatile applications of caustic soda do not stop here. The chemical sector, always on the hunt for compounds that enhance production capabilities, leans heavily on caustic soda. It's integral for producing organic chemicals, petroleum products, and for refining bauxite into aluminium oxide.

Geographically, Asia Pacific accounts for a significant portion of the caustic soda market share, given its robust industrial growth and vast manufacturing sectors. Regions with significant chemical, textile, and aluminium industries, like China and India, witness an exponential demand. However, with the growth in the manufacturing sector globally, other regions, including North America and Europe, are also registering significant consumption rates.

Market Segmentation

The market can be divided based on production process, application, and region.

Market Breakup by Production Process

  • Membrane Cell
  • Diaphragm Cell
  • Others

Market Breakup by Application

  • Pulp and Paper
  • Organic Chemical
  • Inorganic Chemical
  • Soap and Detergent
  • Alumina
  • Water Treatment
  • Textile
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global caustic soda market. Some of the major players explored in the report are as follows:
  • Arkema Group
  • Covestro AG
  • Occidental Petroleum Corporation
  • The Dow Chemical Company
  • Kemira Oyj
  • SABIC
  • Others

About the Publisher

Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

This high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.

Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of these reports today.

*The publisher always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Caustic Soda Market Analysis
8.1 Key Industry Highlights
8.2 Global Caustic Soda Historical Market (2018-2022)
8.3 Global Caustic Soda Market Forecast (2023-2028)
8.4 Global Caustic Soda Market by Production Process
8.4.1 Membrane Cell
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Diaphragm Cell
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Others
8.5 Global Caustic Soda Market by Application
8.5.1 Pulp and Paper
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Organic Chemical
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Inorganic Chemical
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Soap and Detergent
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Alumina
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Water Treatment
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2018-2022)
8.5.6.3 Forecast Trend (2023-2028)
8.5.7 Textile
8.5.7.1 Market Share
8.5.7.2 Historical Trend (2018-2022)
8.5.7.3 Forecast Trend (2023-2028)
8.5.8 Others
8.6 Global Caustic Soda Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis (HS Code: 281511 and 281512)
12.1 Major Exporting Countries:
12.1.1 By Value
12.1.2 By Volume
12.2 Major Importing Countries
12.2.1 By Value
12.2.2 By Volume
13 Price Analysis
13.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Arkema Group
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Covestro AG
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Occidental Petroleum Corporation
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 The Dow Chemical Company
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Kemira Oyj
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 SABIC
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Others
15 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Caustic Soda Market: Key Industry Highlights, 2018 and 2028
2. Global Caustic Soda Historical Market: Breakup by Production Process (Million Metric Tons), 2018-2022
3. Global Caustic Soda Market Forecast: Breakup by Production Process (Million Metric Tons), 2023-2028
4. Global Caustic Soda Historical Market: Breakup by Application (Million Metric Tons), 2018-2022
5. Global Caustic Soda Market Forecast: Breakup by Application (Million Metric Tons), 2023-2028
6. Global Caustic Soda Historical Market: Breakup by Region (Million Metric Tons), 2018-2022
7. Global Caustic Soda Market Forecast: Breakup by Region (Million Metric Tons), 2023-2028
8. North America Caustic Soda Historical Market: Breakup by Country (Million Metric Tons), 2018-2022
9. North America Caustic Soda Market Forecast: Breakup by Country (Million Metric Tons), 2023-2028
10. Europe Caustic Soda Historical Market: Breakup by Country (Million Metric Tons), 2018-2022
11. Europe Caustic Soda Market Forecast: Breakup by Country (Million Metric Tons), 2023-2028
12. Asia Pacific Caustic Soda Historical Market: Breakup by Country (Million Metric Tons), 2018-2022
13. Asia Pacific Caustic Soda Market Forecast: Breakup by Country (Million Metric Tons), 2023-2028
14. Latin America Caustic Soda Historical Market: Breakup by Country (Million Metric Tons), 2018-2022
15. Latin America Caustic Soda Market Forecast: Breakup by Country (Million Metric Tons), 2023-2028
16. Middle East and Africa Caustic Soda Historical Market: Breakup by Country (Million Metric Tons), 2018-2022
17. Middle East and Africa Caustic Soda Market Forecast: Breakup by Country (Million Metric Tons), 2023-2028
18. Major Importing Countries by Volume
19. Major Exporting Countries by Volume
20. Major Importing Countries by Value
21. Major Exporting Countries by Value
22. Global Caustic Soda Market Structure

Companies Mentioned

  • Arkema Group
  • Covestro AG
  • Occidental Petroleum Corporation
  • The Dow Chemical Company
  • Kemira Oyj
  • SABIC

Methodology

Loading
LOADING...

Table Information