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Report Overview

The global caustic soda market size attained a value of 83.99 Million Tons in 2024. The market is expected to grow at a CAGR of 2.30% between 2025 and 2034, reaching almost 105.43 Million Tons by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • According to the Australian Fashion Council report, the Australian fashion and textile industry is expected to grow to USD 38 billion by 2032, generating an additional USD 10.8 billion in economic benefit. This growth offers significant potential for the global caustic soda market, particularly as textile production increases and demands more caustic soda for fibre and dye manufacturing.
  • Eurostat reports that the EU’s agricultural sector reached USD 581.4 billion in 2023, with crops accounting for 51.3% of this value. This growing agricultural output heightens the need for caustic soda in processing, as it plays a crucial role in the production of fertilizers, driving demand in the global caustic soda market.
  • According to industry reports, India's Personal Care and Hygiene market was valued at USD 15.057 billion in 2022. This market expansion is increasing the demand for chemicals, such as caustic soda, used in soap and cosmetic production, thus contributing to the growth of the caustic soda industry to meet rising consumer needs.

Compound Annual Growth Rate

Value in Million Tons

2.3%

2025-2034


Caustic Soda Market Outlook

*this image is indicative*

 

Global Caustic Soda Market Report Summary Description Value
Base Year Million Tons 2024
Historical Period Million Tons 2018-2024
Forecast Period Million Tons 2025-2034
Market Size 2024 Million Tons 83.99
Market Size 2034 Million Tons 105.43
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 2.30%
CAGR 2025-2034 - Market by Region Asia Pacific 2.7%
CAGR 2025-2034 - Market by Country India 3.0%
CAGR 2025-2034 - Market by Country China 2.5%
CAGR 2025-2034 - Market by Production Process Membrane Cell 2.6%
CAGR 2025-2034 - Market by Application Pulp & Paper 2.9%
Market Share by Country 2024 Japan 4.2%

The growth in the demand for alumina in the automotive industry led the global market to be higher by about 3% in 2016 from a year ago. Driven by increasing applications of aluminium in pulp and paper and transportation industries, the global caustic soda market is likely to register moderate growth at a CAGR of nearly 3% during the forecasted period of 2025-2034.

Caustic Soda Market

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Key Trends and Recent Developments

Caustic Soda Industry Segmentation

Caustic soda or sodium hydroxide is an odourless, highly corrosive, non-flammable white solid which can also be used as an esterification and transesterification reagent and cleaning agent. It is widely consumed in chemical pulping involving sulphite, sulphate, and soda, among others.

Based on production process, the industry can be categorised into:

  • Membrane Cell
  • Diaphragm Cell
  • Others

On the basis of application, the industry has been segmented into:

  • 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

Caustic Soda Market by Segments

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CAGR 2025-2034 - Market by Country
India 3.0%
China 2.5%
UK 2.1%
USA 2.1%
France 1.8%
Canada XX%
Germany XX%
Italy XX%
Japan 1.6%
Australia XX%
Saudi Arabia XX%
Brazil XX%
Mexico XX%

Global Caustic Soda Market Analysis

The pulp and paper segment dominates the demand for caustic soda in the market. The pulp and paper, the organic chemicals and inorganic chemicals industries contribute a major share of more than half of the overall demand for caustic soda and are anticipated to dominate during the forecasted period of 2025-2034.

These major industries are followed by the soaps, detergents, textiles, alumina production, water treatment chemicals, and other industries.

The market for caustic soda has so far been led by APAC followed by North America and Europe. High demand in chemical pulping, waste and recycled water treatment, bleaching, and synthesis of other chemicals in many countries has escalated the demand for caustic soda exponentially with EU imports as of 2017 surging by about 1.3% as compared to the previous year.

Price Trends

In 2017, prices surged by about 40-45% globally due to supply constraints as China being the largest producer faced production restrictions. The prices, however, started to stabilise in 2018. China’s exports have reduced significantly in the past five years due to greater domestic demands amidst supply issues.

Competitive Landscape

The caustic soda market key players produce specialty chemicals and advanced materials, offering a diverse range of products across industries such as coatings, adhesives, and high-performance polymers. These companies operate globally, focusing on sustainability and developing solutions to address climate change and environmental challenges. Key product areas include fluorochemicals, engineering plastics, and coatings resins, with a strong emphasis on innovation and sustainable practices.

Arkema Group Co.

Headquartered in Colombes, France, Arkema Group is a leading global producer of specialty chemicals and advanced materials. Founded in 2004, the company operates in areas such as coatings, adhesives, and sustainability solutions. Arkema focuses on innovation and developing sustainable technologies to address the world’s most pressing environmental challenges.

Occidental Petroleum Corporation

Occidental Petroleum Corporation, headquartered in Texas, United States, was established in 1920. It...

Covestro AG (Formerly Bayer MaterialScience AG)

Covestro AG, headquartered in Leverkusen, Germany, was rebranded in 2015 from Bayer MaterialScience ...

The Dow Chemical Company

Founded in 1897 and headquartered in Michigan, United States, Dow Chemical Company is a global leade...

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other key players in the caustic soda market report are SABIC, and Kemira Oyj among others.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the global caustic soda market attained a volume of about 83.99 Million Tons.

The market is projected to grow at a CAGR of 2.30% between 2025 and 2034.

The industry is primarily being driven by the application of caustic soda in various industries.

The industry is expected to be propelled by the growing utilisation of chemical pulping, the growing demand for caustic soda in water treatment, and increasing production of alumina.

The major regions in the industry are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

The various types of production processes of caustic soda are membrane cell and diaphragm cell, among others.

The major applications of caustic soda in the market are pulp and paper, organic chemical, inorganic chemical, soap and detergent, alumina, water treatment, and textile, among others.

The major players in the industry are Arkema Group Co., Occidental Petroleum Corporation, Covestro AG (Formerly Bayer MaterialScience AG), The Dow Chemical Company, Kemira Oyj, SABIC,  Others.

The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a volume of around 105.43 Million Tons by 2034.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Production Process
  • Application
  • Region
Breakup by Production Process
  • Membrane Cell
  • Diaphragm Cell
  • Others
Breakup by Application
  • Pulp & Paper
  • Organic Chemical
  • Inorganic Chemical
  • Soap & Detergent
  • Alumina
  • Water Treatment
  • Textile
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Arkema Group
  • Covestro AG
  • Occidental Petroleum Corporation
  • The Dow Chemical Company
  • Kemira Oyj
  • SABIC
  • Others
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