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.
According to our (Global Info Research) latest study, the global Caustic Soda market size was valued at USD 24520 million in 2022 and is forecast to a readjusted size of USD 33360 million by 2029 with a CAGR of 4.5% during review 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.
This report is a detailed and comprehensive analysis for global Caustic Soda market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
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This report profiles key players in the global Caustic Soda market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Dow Inc, OxyChem, Westlake Chemical, Olin Corporation and Formosa Plastics Corporation, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market segment by Type
Liquid Caustic Soda
Solid Caustic Soda
Caustic Soda Flake
Caustic Soda Particle
Market segment by Application
Pulp and Paper
Textiles
Soap and Detergents
Bleach Manufacturing
Petroleum Products
Aluminum Production
Chemical Processing
Others
Major players covered
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
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Caustic Soda
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Caustic Soda product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Caustic Soda, with price, sales, revenue and global market share of Caustic Soda from 2018 to 2023.
Chapter 3, the Caustic Soda competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Caustic Soda breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Caustic Soda market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Caustic Soda.
Chapter 14 and 15, to describe Caustic Soda sales channel, distributors, customers, research findings and conclusion.
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