Caustic Soda Market Analysis Report, Price Trends, Top Drivers Share, Outlook, & Forecast 2023-2028

April 20 16:33 2023
Caustic Soda Market Analysis Report, Price Trends, Top Drivers Share, Outlook, & Forecast 2023-2028
Rapid industrialization and the expansion of the chemical industry represent the key factors positively influencing the market. In addition, the increasing consumption and scarcity of freshwater and strict regulations to control contamination in seas, lakes, ponds, rivers, and oceans are strengthening the market growth.

IMARC Group’s latest research report, titled “Caustic Soda Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the global caustic soda market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

Caustic Soda Market Outlook:

The global caustic soda market size reached 80.6 Million Tons in 2022. Looking forward, IMARC Group expects the market to reach 89.7 Million Tons by 2028, exhibiting a growth rate (CAGR) of 1.7% during 2023-2028.

Caustic soda is an alkaline, white, odorless, solid crystalline substance that can be chemically obtained by electrolyzing sodium chloride (NaCl). It is soluble in water and forms an alkaline solution. It is produced by the chlor-alkali process in which an electric current is passed through a solution of sodium chloride, which causes the salt to break down into its component parts of sodium hydroxide and chlorine gas. The resulting caustic soda is then purified and prepared for use. It is a powerful base and strong oxidizer that can neutralize acids, as well as react and break down certain organic compounds. As a result, it is widely used in a range of industries, including pulp and paper, textiles, soap and detergents, food production, water treatment, and petroleum refining.

Request Free Sample Report:

Caustic Soda Market Trends:

The expansion of the chemical industry is driving the global market. Moreover, the increasing demand for caustic soda across the textile industry for dyeing, scouring, and mercerizing fabrics, as well as the pulp and paper sector for pulp bleaching applications, is creating a positive market outlook. In line with this, the increasing utilization of caustic soda in the food and beverage (F&B) industry for various applications, such as flavoring, preserving, cleaning, and refining edible oils and fats, is contributing to the market. Additionally, the development of infrastructure, such as water treatment facilities and pipelines, is acting as another growth-inducing factor. Furthermore, the implementation of advanced technologies in the manufacturing processes of NaOH, along with extensive investments in research and development (R&D) activities, is projected to propel the market further.

Competitive Landscape:

The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.

Key Players Included in Global Caustic Soda Market Research Report:

  • The DOW Chemical Company (NYSE: DOW)
  • Olin Corporation (NYSE: OLN)
  • Tata Chemicals Limited (NSE: TATACHEM)
  • Solvay SA (OTCMKTS: SLVYY)
  • FMC Corporation (NYSE: FMC)
  • Occidental Petroleum Corporation (OXY) (NYSE: OXY)
  • Formosa Plastics Corporation (TPE: 1301)
  • Ineos Group Limited
  • PPG Industries (NYSE: PPG)
  • Xinjiang Zhongtai Chemical Co. Ltd. (SHE: 002092)
  • Tosoh Corporation (TYO: 4042)
  • Hanwha Chemical Corporation (KRX: 009830)
  • Nirma Limited
  • Akzo Nobel (OTCMKTS: AKZOY)
  • Covestro (OTCMKTS: COVTY)
  • DowDuPont (NYSE: DD)

Explore the Full Report with TOC & List of Figures:

Key Market Segmentation:

Breakup by Manufacturing Process:

  • Membrane Cell
  • Diaphragm Cell
  • Others

Breakup by Product Type:

  • Lye
  • Flake
  • Others

Breakup by Grade:

  • Reagent Grade
  • Industrial Grade
  • Pharmaceutical Grade
  • Others

Breakup by Application:

  • Alumina
  • Inorganic Chemicals
  • Organic Chemicals
  • Food, Pulp and Paper
  • Soap and Detergents
  • Textiles
  • Water Treatment
  • Steel/Metallurgy-Sintering
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the Report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • COVID-19 Impact on the Market
  • Porter’s Five Forces Analysis
  • Historical, Current, and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Structure of the Market
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape

TOC for the Caustic Soda Market Research Report:

  • Preface
  • Scope and Methodology
  • Executive Summary
  • Introduction
  • Global Caustic Soda Market
  • SWOT Analysis
  • Value Chain Analysis
  • Price Analysis
  • Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Also, Read the Latest Market Research Industry Reports 2023-2028:

Crop Protection Chemicals Industry Research Report

Specialty Paper Industry Research Report

Frac Sand Industry Research Report

Visual Effects Industry Research Report

Higher Education Industry Research Report

Pizza Boxes Industry Research Report

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Media Contact
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: Send Email
Phone: +1-631-791-1145
Address:134 N 4th St.
City: Brooklyn
State: NY
Country: United States