Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Caustic Soda Market Outlook

The global caustic soda market size attained a value of 82.1 million tonnes in 2023. The market is expected to grow at a CAGR of 2.3% between 2024 and 2032, reaching almost 100.8 million tonnes by 2032.

Global Caustic Soda Market Report Summary Description Value
Base Year Million Tonnes 2023
Historical Period Million Tonnes 2018-2023
Forecast Period Million Tonnes 2024-2032
Market Size 2023 Million Tonnes 82.10
Market Size 2032 Million Tonnes 100.80
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 2.3%
CAGR 2024-2032 - Market by Region Asia Pacific 2.7%
CAGR 2024-2032 - Market by Country India 3.0%
CAGR 2024-2032 - Market by Country China 2.5%
CAGR 2024-2032 - Market by Production Process Membrane Cell 2.6%
CAGR 2024-2032 - Market by Application Pulp & Paper 2.9%
Market Share by Country 2023 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 2024-2032.

Caustic Soda Market

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Properties and Applications

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.

 

Caustic Soda Market by Segments

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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

The regional markets for caustic soda include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Caustic Soda Market by Region

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CAGR 2024-2032 - 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 2024-2032.

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

In 2018, AkzoNobel Specialty Chemicals and Evonik Industries successfully started chlorine and potassium hydroxide production at their joint venture facility in Germany after a year and a half of preparation.

The report offers a detailed analysis of the following key players covering their capacities, market share and latest turn of events such as mergers and acquisitions, capacity expansions and plant turnarounds in the global caustic soda market:

  • Arkema Group Co.
  • Occidental Petroleum Corporation
  • Covestro AG (Formerly Bayer MaterialScience AG)
  • The Dow Chemical Company
  • SABIC
  • Kemira Oyj
  • Others

EMR’s comprehensive report on the global caustic soda market also offers additional insights on value chain analysis, manufacturing process, trade data analysis and cost breakdown and margins.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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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*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 2023, the global caustic soda market attained a volume of about 82.1 million tonnes.

The market is projected to grow at a CAGR of 2.3% between 2024 and 2032.

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.

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