The global caustic soda market reached a volume of 80.7 Million Tons in 2020. Caustic soda, also known as sodium hydroxide (NaOH), refers to an inorganic compound which comprises sodium cations Na+ and hydroxide anions OH−. It is industrially prepared through the electrolytic chlor-alkali process in which the electrolysis of aqueous sodium chloride solution produces chlorine gas and sodium hydroxide. It is an odorless and non-flammable white solid which is commercially available in the form of flakes, pellets, granules and aqueous solutions of different concentrations. Owing to its highly-corrosive nature, it can generate substantial heat and ignite combustible materials when dissolved in water.
Caustic soda is utilized as a raw material in a number of industries including chemical, automotive, water treatment, and food and beverage. On account of its easy availability and affordability over its substitutes, it is regarded as one of the preferred chemical compounds employed to control acidity and remove heavy metals from water. Caustic soda is also used in the production of paper wherein it helps in dissolving unwanted compounds present in the wood pulp. Similarly, it aids in separating the ink from paper fibers during the process of paper recycling. Apart from this, it is used in the extraction of alumina, one of the most common oxides of aluminum, from naturally occurring minerals. As aluminum finds vast applications in the production of lightweight vehicles, the growing demand for the metal is spurring the growth of global caustic soda market. Looking forward, IMARC Group expects the global caustic soda market to exhibit moderate growth during 2021-2026.
Report Coverage:
- Historical, Current and Future Market Trends
- Market Breakup by Product Type:
- Market Breakup by Manufacturing Process:
- Membrane Cell
- Diaphragm Cell
- Others
- Market Breakup by Grade:
- Reagent Grade
- Industrial Grade
- Pharmaceutical Grade
- Others
- Market Breakup by Application:
- Alumina
- Inorganic Chemicals
- Organic Chemicals
- Food, Pulp and Paper
- Soap and Detergents
- Textiles
- Water Treatment
- Steel/Metallurgy-Sintering
- Others
- Market Breakup by Region:
- Asia Pacific
- North America
- Europe
- Middle East and Africa
- Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being The DOW Chemical Company, Olin Corporation, Tata Chemicals Limited, Solvay SA, FMC Corporation, Occidental Petroleum Corporation (OXY), Formosa Plastics Corporation, Ineos Group Limited, PPG Industries, Xinjiang Zhongtai Chemical Co. Ltd., Tosoh Corporation, Hanwha Chemical Corporation, Nirma Limited, Akzo Nobel, BASF, Covestro, DowDuPont, etc.
Key Questions Answered in This Report:
The global caustic soda market reached a volume of 80.7 million tons in 2020.
According to the estimates by IMARC Group, the global caustic soda market is expected to witness a CAGR of 2.50% from 2021 to 2026.
The rising usage of caustic soda to control acidity and remove heavy metals from water across the chemical, automotive, water treatment, and food and beverage industries, represent one of the key drivers for the global caustic soda market.
The expanding utilization of caustic soda in the extraction of alumina that is used in production of lightweight vehicles represents one of the key trends in the global caustic soda market.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary closure of numerous end-use industries of caustic soda.
On the basis of the product type, the market has been bifurcated into lye, flake, and others. Currently, lye holds the majority of the total market share.
On the basis of the manufacturing process, the market has been segmented into membrane cell, diaphragm cell and others. At present, membrane cell exhibits a clear dominance in the market.
On the basis of the application, the market has been divided into alumina, inorganic chemicals, organic chemicals, food, pulp and paper, soap and detergents, textiles, water treatment, steel/metallurgy-sintering, and others. Among these, alumina represents the largest segment.
Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Asia Pacific dominates the global market.
The key companies in the global caustic soda market are The DOW Chemical Company, Olin Corporation, Tata Chemicals Limited, Solvay SA, FMC Corporation, Occidental Petroleum Corporation (OXY), Formosa Plastics Corporation, Ineos Group Limited, PPG Industries, Xinjiang Zhongtai Chemical Co. Ltd., Tosoh Corporation, Hanwha Chemical Corporation, Nirma Limited, Akzo Nobel, BASF, Covestro, DowDuPont, etc.
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Properties
4.3 Key Industry Trends
5 Global Caustic Soda Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product Type
5.5 Market Breakup by Manufacturing Process
5.6 Market Breakup by Grade
5.7 Market Breakup by Application
5.8 Market Breakup by Region
5.9 Market Forecast
6 Market Breakup by Product Type
6.1 Lye
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Flake
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Manufacturing Process
7.1 Membrane Cell
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Diaphragm Cell
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Grade
8.1 Reagent Grade
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Industrial Grade
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Pharmaceutical Grade
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Application
9.1 Alumina
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Inorganic Chemicals
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Organic Chemicals
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Food, Pulp and Paper
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Soap and Detergents
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Textiles
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Water Treatment
9.7.1 Market Trends
9.7.2 Market Forecast
9.8 Steel/Metallurgy-Sintering
9.8.1 Market Trends
9.8.2 Market Forecast
9.9 Others
9.9.1 Market Trends
9.9.2 Market Forecast
10 Market Breakup by Region
10.1 Asia Pacific
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 North America
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Europe
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Middle East and Africa
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Latin America
10.5.1 Market Trends
10.5.2 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
14.1 Price Indicators
14.2 Price Structure
14.3 Margin Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 The DOW Chemical Company
15.3.2 Olin Corporation
15.3.3 Tata Chemicals Limited
15.3.4 Solvay SA
15.3.5 FMC Corporation
15.3.6 Occidental Petroleum Corporation (OXY)
15.3.7 Formosa Plastics Corporation
15.3.8 Ineos Group Limited
15.3.9 PPG Industries
15.3.10 Xinjiang Zhongtai Chemical Co. Ltd.
15.3.11 Tosoh Corporation
15.3.12 Hanwha Chemical Corporation
15.3.13 Nirma Limited
15.3.14 Akzo Nobel
15.3.15 BASF
15.3.16 Covestro
15.3.17 DowDuPont
List of Figures
Figure 1: Global: Caustic Soda Market: Major Drivers and Challenges
Figure 2: Global: Caustic Soda Market: Sales Volume (in Million Metric Tons), 2015-2020
Figure 3: Global: Caustic Soda Market: Breakup by Product Type (in %), 2020
Figure 4: Global: Caustic Soda Market: Breakup by Manufacturing Process (in %), 2020
Figure 5: Global: Caustic Soda Market: Breakup by Grade (in %), 2020
Figure 6: Global: Caustic Soda Market: Breakup by Application (in %), 2020
Figure 7: Global: Caustic Soda Market: Breakup by Region (in %), 2020
Figure 8: Global: Caustic Soda Market Forecast: Sales Volume (in Million Metric Tons), 2021-2026
Figure 9: Global: Caustic Soda Industry: SWOT Analysis
Figure 10: Global: Caustic Soda Industry: Value Chain Analysis
Figure 11: Global: Caustic Soda Industry: Porter’s Five Forces Analysis
Figure 12: Global: Caustic Soda (Lye) Market: Sales Volume (in Million Metric Tons), 2015 & 2020
Figure 13: Global: Caustic Soda (Lye) Market Forecast: Sales Volume (in Million Metric Tons), 2021-2026
Figure 14: Global: Caustic Soda (Flake) Market: Sales Volume (in Million Metric Tons), 2015 & 2020
Figure 15: Global: Caustic Soda (Flake) Market Forecast: Sales Volume (in Million Metric Tons), 2021-2026
Figure 16: Global: Caustic Soda (Other Product Types) Market: Sales Volume (in Million Metric Tons), 2015 & 2020
Figure 17: Global: Caustic Soda (Other Product Types) Market Forecast: Sales Volume (in Million Metric Tons), 2021-2026
Figure 18: Global: Caustic Soda (Membrane Cell) Market: Sales Volume (in Million Metric Tons), 2015 & 2020
Figure 19: Global: Caustic Soda (Membrane Cell) Market Forecast: Sales Volume (in Million Metric Tons), 2021-2026
Figure 20: Global: Caustic Soda (Diaphragm Cell) Market: Sales Volume (in Million Metric Tons), 2015 & 2020
Figure 21: Global: Caustic Soda (Diaphragm Cell) Market Forecast: Sales Volume (in Million Metric Tons), 2021-2026
Figure 22: Global: Caustic Soda (Other Manufacturing Processes) Market: Sales Volume (in Million Metric Tons), 2015 & 2020
Figure 23: Global: Caustic Soda (Other Manufacturing Processes) Market Forecast: Sales Volume (in Million Metric Tons), 2021-2026
Figure 24: Global: Caustic Soda (Reagent Grade) Market: Sales Volume (in Million Metric Tons), 2015 & 2020
Figure 25: Global: Caustic Soda (Reagent Grade) Market Forecast: Sales Volume (in Million Metric Tons), 2021-2026
Figure 26: Global: Caustic Soda (Industrial Grade) Market: Sales Volume (in Million Metric Tons), 2015 & 2020
Figure 27: Global: Caustic Soda (Industrial Grade) Market Forecast: Sales Volume (in Million Metric Tons), 2021-2026
Figure 28: Global: Caustic Soda (Pharmaceutical Grade) Market: Sales Volume (in Million Metric Tons), 2015 & 2020
Figure 29: Global: Caustic Soda (Pharmaceutical Grade) Market Forecast: Sales Volume (in Million Metric Tons), 2021-2026
Figure 30: Global: Caustic Soda (Other Grades) Market: Sales Volume (in Million Metric Tons), 2015 & 2020
Figure 31: Global: Caustic Soda (Other Grades) Market Forecast: Sales Volume (in Million Metric Tons), 2021-2026
Figure 32: Global: Caustic Soda (Alumina) Market: Sales Volume (in Million Metric Tons), 2015 & 2020
Figure 33: Global: Caustic Soda (Alumina) Market Forecast: Sales Volume (in Million Metric Tons), 2021-2026
Figure 34: Global: Caustic Soda (Inorganic Chemicals) Market: Sales Volume (in Million Metric Tons), 2015 & 2020
Figure 35: Global: Caustic Soda (Inorganic Chemicals) Market Forecast: Sales Volume (in Million Metric Tons), 2021-2026
Figure 36: Global: Caustic Soda (Organic Chemicals) Market: Sales Volume (in Million Metric Tons), 2015 & 2020
Figure 37: Global: Caustic Soda (Organic Chemicals) Market Forecast: Sales Volume (in Million Metric Tons), 2021-2026
Figure 38: Global: Caustic Soda (Food, Pulp and Paper) Market: Sales Volume (in Million Metric Tons), 2015 & 2020
Figure 39: Global: Caustic Soda (Food, Pulp and Paper) Market Forecast: Sales Volume (in Million Metric Tons), 2021-2026
Figure 40: Global: Caustic Soda (Soap and Detergents) Market: Sales Volume (in Million Metric Tons), 2015 & 2020
Figure 41: Global: Caustic Soda (Soap and Detergents) Market Forecast: Sales Volume (in Million Metric Tons), 2021-2026
Figure 42: Global: Caustic Soda (Textiles) Market: Sales Volume (in Million Metric Tons), 2015 & 2020
Figure 43: Global: Caustic Soda (Textiles) Market Forecast: Sales Volume (in Million Metric Tons), 2021-2026
Figure 44: Global: Caustic Soda (Water Treatment) Market: Sales Volume (in Million Metric Tons), 2015 & 2020
Figure 45: Global: Caustic Soda (Water Treatment) Market Forecast: Sales Volume (in Million Metric Tons), 2021-2026
Figure 46: Global: Caustic Soda (Steel/Metallurgy-Sintering) Market: Sales Volume (in Million Metric Tons), 2015 & 2020
Figure 47: Global: Caustic Soda (Steel/Metallurgy-Sintering) Market Forecast: Sales Volume (in Million Metric Tons), 2021-2026
Figure 48: Global: Caustic Soda (Other Applications) Market: Sales Volume (in Million Metric Tons), 2015 & 2020
Figure 49: Global: Caustic Soda (Other Applications) Market Forecast: Sales Volume (in Million Metric Tons), 2021-2026
Figure 50: Asia Pacific: Caustic Soda Market: Sales Volume (in Million Metric Tons), 2015 & 2020
Figure 51: Asia Pacific: Caustic Soda Market Forecast: Sales Volume (in Million Metric Tons), 2021-2026
Figure 52: North America: Caustic Soda Market: Sales Volume (in Million Metric Tons), 2015 & 2020
Figure 53: North America: Caustic Soda Market Forecast: Sales Volume (in Million Metric Tons), 2021-2026
Figure 54: Europe: Caustic Soda Market: Sales Volume (in Million Metric Tons), 2015 & 2020
Figure 55: Europe: Caustic Soda Market Forecast: Sales Volume (in Million Metric Tons), 2021-2026
Figure 56: Middle East and Africa: Caustic Soda Market: Sales Volume (in Million Metric Tons), 2015 & 2020
Figure 57: Middle East and Africa: Caustic Soda Market Forecast: Sales Volume (in Million Metric Tons), 2021-2026
Figure 58: Latin America: Caustic Soda Market: Sales Volume (in Million Metric Tons), 2015 & 2020
Figure 59: Latin America: Caustic Soda Market Forecast: Sales Volume (in Million Metric Tons), 2021-2026
List of Tables
Table 1: Caustic Soda: General Properties
Table 2: Global: Caustic Soda Market: Key Industry Highlights, 2020 and 2026
Table 3: Global: Caustic Soda Market Forecast: Breakup by Product Type (in Million Metric Tons), 2021-2026
Table 4: Global: Caustic Soda Market Forecast: Breakup by Manufacturing Process (in Million Metric Tons), 2021-2026
Table 5: Global: Caustic Soda Market Forecast: Breakup by Grade (in Million Metric Tons), 2021-2026
Table 6: Global: Caustic Soda Market Forecast: Breakup by Application (in Million Metric Tons), 2021-2026
Table 7: Global: Caustic Soda Market Forecast: Breakup by Region (in Million Metric Tons), 2021-2026
Table 8: Global: Caustic Soda Market Structure
Table 9: Global: Caustic Soda Market: Key Players