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Base Year
Historical Year
Forecast Year
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.
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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.
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Based on production process, the industry can be categorised into:
On the basis of application, the industry has been segmented into:
The regional markets for caustic soda include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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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% |
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.
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.
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:
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.
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:
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Breakup by Production Process |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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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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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