Caustic Soda Market Share, Trend Analysis Forecast

Caustic Soda Market Report, By Application (Alumina, Inorganic Chemicals, Organic Chemicals, Food, Pulp & Paper, Soap & Detergents, Textiles, Water Treatment, Steel/Metallurgy – Sintering) and Geography - Global Market Share, Trend Analysis & Forecast , 2019 - 2028

Report Code : cm2033 | Publish Date : Upcoming | Industry : Chemicals_Materials | Geography : Global

Caustic soda or sodium hydroxide (NaOH) is an essential reagent for the production of various organic chemical products. Among the main applications is the bleaching of pulp and paper, besides being widely used in the chemical and petrochemical industry, metallurgy (alumina production for the aluminium industry), soaps and detergents, textile and food industries. Of natural origin, it plays an important role in pollution prevention and treatment of wastewater, enabling many industrial processes. Caustic soda is highly valued for its neutralizing power and also because it helps to control and remedy acidic pollution of the environment. Therefore, it is used in various processes to control acidity, neutralize acid wastes and washing gases. Gas washers are devices used for air pollution control designed to use the alkaline properties of caustic soda. Such systems neutralize the acid gas emissions from chimneys, thereby helping to make the environment cleaner and pollution free. Moreover, metal plating facilities generate waste containing dissolved heavy metal concentrations that must be removed before the effluents are discharged into municipal sewers and surrounding water bodies.

Caustic Soda Market Outlook

The global caustic soda market is witnessing significant growth owing to growing demand from the chemicals industry, the rising demand for alumina in the automotive industry, and the increasing demand for paper and paperboards. The largest users of caustic soda are the pulp and paper, detergent and chemical industries. Caustic soda is also used in the alumina, oil and gas and textile industries, mostly for its alkalinity value. Furthermore, surging market penetration in emerging countries and evolution of manufacturing technologies would further provide significant growth opportunities to this market.


Caustic Soda Market Segmental Overview

The report analyses the global caustic soda market based on application and geography. 

Caustic Soda Market by Application 

Based on application, the market is categorized into alumina, inorganic chemicals, organic chemicals, food, pulp & paper, soap & detergents, textiles, water treatment, steel/metallurgy – sintering and others. Caustic soda plays an important role in the manufacture of soap powders, soap bars and detergents, in addition to being used in the production of industrial soaps and special soaps. Developing countries have a significant demand for caustic soda, because in some of these countries, bar soap is used exclusively for washing fabrics and for personal hygiene. The special soaps include soaps for cleaning ovens and equipment for food preparation, more potent detergents for dishwashers, floor cleaning, metal cleaning, paint removers, liquid soaps and shampoos. 

Caustic Soda Market by Geography 

By geography, the global caustic soda market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and rest of the world regions which includes Latin America, and Middle East & Africa. The APAC is currently experiencing high investments in chemicals and textile industries, especially in China, Japan, Taiwan and South Korea and in developing economies such as India, Malaysia, Indonesia and Vietnam. China is the largest producer and consumer of caustic soda in the Asia-Pacific region. The country is the centre for chemical processing, accounting for a major amount of the chemicals produced globally. All these factors will be supported by the ever-increasing population in the region, urbanization and their increasing purchasing power. Furthermore, North America is expected to witness lucrative growth over the forecast period owing to supportive government initiatives and surging automotive industry.

Caustic Soda Market Key Players

The leading market players of the global caustic soda market are AkzoNobel NV., Arkema, Covestro AG, DowDuPont, Formosa Plastics Corp., FMC, Hanwha Chemical Corporation, Inovyn, Kemira, Occidental Petroleum Corporation, Olin Corporation, SABIC and Shin-Etsu Chemicals Co. Ltd. Various mergers & acquisitions, and expansions in caustic soda industry and growing chemical industry have in turn made the region a potential growth market for caustic soda market. Expansions are key growth strategy adopted by major players in this industry.

Why to buy this report:

  • The report offers changing market dynamics in the Caustic Soda, presenting historical, current and projected market size in terms of value (USD Million)
  • The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of Caustic Soda market
  • It presents a comprehensive assessment of geographical regions exhibiting promising growth, potential and niche segments, and a neutral perspective on the Caustic Soda market performance
  • The report also offers strategic recommendations in key business segments based on the market estimations and competitive landscape, mapping the key common trends of Caustic Soda market