Caustic Soda Market Overview
Caustic soda is also known as sodium hydroxide, a corrosive white crystalline solid consisting of Na (sodium) cations and OH- (hydroxide) ions, it readily absorbs moisture until it dissolves, and sodium hydroxide is an inorganic compound with the formula NaOH. , caustic soda is used in the manufacture of cleaning agents and washing soda. Sodium hydroxide is sometimes used as a reagent in laboratories, it is used to make soda lime and to extract aluminum by purifying bauxite. Sodium hydroxide is a potential substance, eating or drinking sodium hydroxide can cause severe burns and immediate vomiting, nausea, diarrhea, or chest and abdominal pain, as well as difficulty swallowing. Caustic soda is used in cleaning, the reason for the sodium hydroxide in drain cleaners is that they convert the gats and grease that clog pipes into soap, which then dissolves in water. In the case of plastic pipes, caustic materials can cause chemical reactions that generate heat and cause the pipes to melt or dissolve. In addition to causing damage, improper use of drain cleaners can cause serious injury. Caustic soda is an alkali salt also known as lye, a highly versatile substance used in a variety of manufacturing processes, it is a co-product of chlorine production. The caustic soda market is growing due to increasing demand for paper, tissue and its more frequent uses in industries including textile, food, glass manufacturing, metal processing, water treatment and mining.
Caustic Soda Market Dynamics
Rising usage of caustic soda to control acidity and increasing demand for alumina
A major factor driving the market growth is the growing demand for alumina in the transportation sector and increasing demand for aluminum from various end-use industries and increasing use in beauty and skincare products and growing demand for pulp in the paper industry. Caustic soda consumption is estimated to drive the market growth. In addition, increasing use of caustic soda to control acidity and remove heavy metals from water in the chemical, automotive, water treatment and beverage industries is one of the major drivers for the Caustic Soda market. Caustic soda is used as a reactant in the manufacturing process of solvents, pharmaceuticals, inks, dyes, fabrics, herbicides, synthetic fibers, adhesives, coatings and bleaches, hence the growth of the caustic soda market is expected to be very high during the forecast period.
Restrains:
Sodium caustic has harmful effects on human health and environment during the forecast period, will hinder the growth of caustic soda market in the future and energy-intensive production process and major environmental concerns will hinder the market growth. Many other factors may restrain the growth of the market but with continuous research and innovation, the market is expected to overcome them.
Technological advancement
Manufacturers involved in the Bio-Polyamide market are developing advanced versions of their products due to new age technological advancements. Market revenue growth is also driven by advancements in cell membrane technology and the launch of new innovative products to reduce the carbon footprint in the environment. The rise of membrane cells was due to both the development of membrane technology and awareness of the environmental consequences of mercury emissions. Chlorine-alkali production is energy-intensive, further encouraging technology improvements in process chlorine cells. In October 2022, Bodal Chemicals has successfully completed the technology upgrade of its Rajpura unit in Punjab. This technology upgrade will enable the company to increase demand for caustic soda and reduce overall energy costs. Demand for caustic soda has been good over the years especially in home care, textile and paper industries. This upgradation will lay the foundation for the company's next phase of growth and enhance its market position in chlor-alkali chemicals.
Caustic Soda Market Segmentation
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
The Caustic Soda Market is segmented based on type, Product, application, and region.
Caustic Soda Market, By Type
On the basis of type, the Caustic Soda market is segmented into membrane cell, diaphragm cell, and other manufacturing processes. Asbestos or asbestos alternatives are used to separate the co-product sodium hydroxide (caustic soda) and chlorine in diaphragm cell progress. 50 percent NaOH is produced mainly outside the electrolytic cell. Membrane cells produce 32% sodium hydroxide, which is then evaporated and concentrated to 50%. Chloride ions typically remain in the anode compartment with less sodium chloride product solution than in diaphragm cells.
Caustic Soda Market, By Product
On the basis of product, the Caustic Soda market is segmented into liquid caustic soda, Solid Caustic Soda, Caustic Soda Flakes and Caustic Soda Particles. Caustic soda flakes (technical sodium hydroxide flakes), white flake mass, very hygroscopic, very soluble in water and alcohol. Solid caustic soda is one of the common names for sodium hydroxide (NaOH), also known as lye. Its common name comes from its chemical identity as sodium hydrate, and because it is caustic or corrosive, in its pure form, caustic soda is a waxy, white solid. It readily absorbs water and forms an aqueous solution.
Caustic Soda Market, By Application
On the basis of application, the target market is segmented into organic, alumina, soap, water treatment, food, inorganic, paper and pulp, others. Alumina segment is expected to register significant rapid growth during the forecast period. Caustic soda is an essential ingredient in the manufacture of soaps, cleaners and disinfectants and forms the basis of saponification, which allows rapid cleaning of fats, oils and grease. Soaps and detergents have a variety of applications and are used for proper cleaning of homes, offices, manufacturing plants and others.
Regional Insights:
On region the Caustic Soda Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among, Asia Pacific is leading the Caustic Soda market and the region is expected to account for more than 50% of the Caustic Soda market in 2021. Increasing demand for organic and inorganic chemicals across the globe is estimated to boost the demand for caustic soda in this region. During the forecast period. Asia Pacific is projected to maintain its dominance in the global market in the coming years.
Report Scope:
|
Attribute |
Details |
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Base year for estimation |
2022 |
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Forecast period |
2022 – 2032 |
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Market representation |
Revenue in USD Billion & CAGR from 2022 to 2032 |
|
Market Segmentation |
By Type - Membrane Cell, Diaphragm Cell, Other Production Processes By Product - Liquid Caustic Soda, Solid Caustic Soda, Caustic Soda Flake, Caustic Soda Particle By Application - Organic, Alumina, Soaps, Water Treatment, Food, Inorganic, Paper & Pulp, Others |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Recent Development:
- In May 2022, AGC Inc. AGC Vinythai Public Co. Ltd. decided to increase the production of New Company to consolidate AGC chlor alkali business in Indochina Peninsula. Caustic soda and polyvinyl chloride are indispensable materials for the development of urban infrastructure such as water and sewage systems and for a wide variety of industrial products.
- In April 2022, CM Jagan inaugurated Grasim's Caustic Soda Unit, Grasim's Chlor Alkali Plant is the largest single location manufacturing unit of caustic soda. The Aditya Birla Group has initially invested Rs 1,000 crore on the plant.
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032. For the purpose of this study, has segmented the Caustic Soda Market report based on type, Product, application, and region:
Caustic Soda Market, By Type:
- Membrane Cell
- Diaphragm Cell
- Other Production Processes
Caustic Soda Market, By Product:
- Liquid Caustic Soda
- Solid Caustic Soda
- Caustic Soda Flake
- Caustic Soda Particle
Caustic Soda Market, By Application:
- Organic
- Alumina
- Soaps
- Water Treatment
- Food
- Inorganic
- Paper & Pulp
- Others
Caustic Soda Market, By Region:
-
-
- North America
-
- U.S.
- Canada
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
-
Caustic Soda Market Key Players
The key players operating the Caustic Soda Market includes
- FMC Corporation is an agroscience company that advances agriculture through innovative and sustainable crop protection technologies. From discovery pipelines, to unique application systems, to advanced biological products, the company is passionate about bringing new solutions to manufacturers worldwide.
- Olin Corporation is an American manufacturer of ammunition, chlorine, and sodium hydroxide. Olin Corrapotion is a manufacturer and distributor of chemical products and ammunition, the company operates through three divisions: Chlor Alkali Products and Vinyls, Epoxy and Winchester.
- Tata Chemicals Limited Company manufactures alkali products like ash, soda bicarbonate, caustic soda, crushed refined soda etc. and bromine other halogen products (chlorine and bromine based products) and salt products (salt, gypsum, industrial salt etc.).
- Westlake Chemical Corporation is a manufacturer and supplier of petrochemicals, polymers and fabricated products headquartered in Houston, Texas. The company's product range includes Ethylene, Polyethylene, Styrene, Propylene, Caustic, VCM, PVC, PVC Pipe, Windows and Fencing.
- PPG Industries is a global manufacturer of paints, coatings and specialty materials and a Fortune 200 company headquartered in Pittsburgh and operating in nearly 70 countries worldwide.
- Formosa Plastics Corporation manufactures and markets plastic materials and chemical fiber products. The company's products include polyvinyl chloride resins, high density polyethylene, tyrelon acrylic fiber, acrylic acid and ester, carbon fiber, caustic soda, PVC modifier and calcium carbonate.
- Aditya Birla Chemicals is a manufacturer of caustic soda and chlorine derivative chemicals in India, Aditya Birla Chemicals strives to be a solution provider with a contemporary and future product portfolio. The comprehensive product portfolio provides solutions in a wide range of industries such as water treatment, disinfection, cleaning and sanitation, food, pharmaceutical, agriculture and industrial sectors.
- Covestro AG is one of the world's leading producers of high-quality polymer materials and their components. The company supplies customers worldwide in key industries such as mobility, building and electrical, and electronics polymers from Convestro are also used in the sports and leisure, cosmetics and health and chemical sectors.
- Shine-Etsu Chemical Company Limited is a Japan based company mainly engaged in chemical business, Poly Vinyl Chloride and Chemicals Division manufactures and sells Vinyl Chloride, Caustic Soda products.
- Andhra Sugars is manufacturing various chemicals which are used in pharmaceuticals paper, textiles, pesticides, water treatment etc. as the basic building blocks for many industries.
Caustic Soda Market Company Profile
- FMC Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Olin Corporation
- Tata Chemicals Limited
- Westlake Chemical Corporation
- PPG Industries
- Formosa Plastics Corporation
- Aditya Birla Chemicals
- Covestro AG
- Shine-Etsu Chemical Co. Ltd
- Andhra Sugars.
“*” marked represents similar segmentation in other categories in the respective section
Caustic Soda Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Types
- Key Thickness Insights
- Secondary Data
- Major Secondary Types
- Secondary Types
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Product
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Market Segmentation, By Type
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Membrane Cell
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Diaphragm Cell
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Other Production Processes
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Market Segmentation, By Product, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Liquid Caustic Soda
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Solid Caustic Soda
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Caustic Soda Flake
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Caustic Soda Particle
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Market Segmentation, By Application, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Organic
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Alumina
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Soaps
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Water Treatment
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Food
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Inorganic
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Paper & Pulp
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Global Market, By Region, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Product, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Product, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Product, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Product, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Product, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- FMC Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Olin Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Tata Chemicals Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Westlake Chemical Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- PPG Industries
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Formosa Plastics Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Aditya Birla Chemicals
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Covestro AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Shine-Etsu Chemical Co. Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Andhra Sugars
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Caustic Soda Market is segmented into basis of on type, product, application, and region.
A major factor driving the market growth is the growing demand for alumina in the transportation sector and increasing demand for aluminum from various end-use industries and increasing use in beauty and skincare products and growing demand for pulp in the paper industry.
Asia Pacific is leading the Caustic Soda market and the region is expected to account for more than 50% of the Caustic Soda market in 2021. Asia Pacific is projected to maintain its dominance in the global market in the coming years.
The Key players operating in the Caustic Soda Market includes FMC Corporation, Olin Corporation, Tata Chemicals Limited, Westlake Chemical Corporation, PPG Industries, Formosa Plastics Corporation, Aditya Birla Chemicals, Covestro AG, Shine-Etsu Chemical Co. Ltd, and Andhra Sugars.