Report overview
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.
This report 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. This report 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.
