Caustic Soda Market, Global Outlook and Forecast 2022-2028


The global Caustic Soda market was valued at 24520 million in 2021 and is projected to reach US$ 33360 million by 2028, at a CAGR of 4.5% during the forecast period.

Caustic_Soda1

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 contains market size and forecasts of Caustic Soda in global, including the following market information:

  • Global Caustic Soda Market Revenue, 2017-2022, 2023-2028, ($ millions)
  • Global Caustic Soda Market Sales, 2017-2022, 2023-2028, (K MT)
  • Global top five Caustic Soda companies in 2021 (%)

 

The global Caustic Soda market was valued at 24520 million in 2021 and is projected to reach US$ 33360 million by 2028, at a CAGR of 4.5% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Liquid Caustic Soda Segment to Reach $ Million by 2028, with a % CAGR in next six years.

 

The global key manufacturers of Caustic Soda include Dow Inc, OxyChem, Westlake Chemical, Olin Corporation, Formosa Plastics Corporation, Tosoh, INEOS Chemicals, Asahi Glass and Covestro, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

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, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Caustic Soda Market Segment Percentages, by Type, 2021 (%)

 

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

 

Global Caustic Soda Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Caustic Soda Market Segment Percentages, by Application, 2021 (%)

 

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

 

Global Caustic Soda Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Caustic Soda Market Segment Percentages, By Region and Country, 2021 (%)

 

  • 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, 2017-2022 (Estimated), ($ millions)
  • Key companies Caustic Soda revenues share in global market, 2021 (%)
  • Key companies Caustic Soda sales in global market, 2017-2022 (Estimated), (K MT)
  • Key companies Caustic Soda sales share in global market, 2021 (%)

 

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


Table of content

1 Introduction to Research & Analysis Reports
1.1 Caustic Soda Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Caustic Soda Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Caustic Soda Overall Market Size
2.1 Global Caustic Soda Market Size: 2021 VS 2028
2.2 Global Caustic Soda Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Caustic Soda Sales: 2017-2028
3 Company Landscape
3.1 Top Caustic Soda Players in Global Market
3.2 Top Global Caustic Soda Companies Ranked by Revenue
3.3 Global Caustic Soda Revenue by Companies
3.4 Global Caustic Soda Sales by Companies
3.5 Global Caustic Soda Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Caustic Soda Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Caustic Soda Product Type
3.8 Tier 1, Tier 2 and Tier 3 Caustic Soda Players in Global Market
3.8.1 List of Global Tier 1 Caustic Soda Companies
3.8.2 List of Global Tier 2 and Tier 3 Caustic Soda Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Caustic Soda Market Size Markets, 2021 & 2028
4.1.2 Liquid Caustic Soda
4.1.3 Solid Caustic Soda
4

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Published on

Feb 17, 2023

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