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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.
Market Analysis and Insights: Global Caustic Soda Market
Due to the COVID-19 pandemic, the global Caustic Soda market size is estimated to be worth US$ 23960 million in 2021 and is forecast to a readjusted size of US$ 23960 million by 2028 with a CAGR of 3.3% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Caustic Soda global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
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.
Global Caustic Soda Scope and Market Size
The global Caustic Soda market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Caustic Soda market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Liquid Caustic Soda
Solid Caustic Soda
Caustic Soda Flake
Caustic Soda Particle
Segment by Application
Pulp and Paper
Textiles
Soap and Detergents
Bleach Manufacturing
Petroleum Products
Aluminum Production
Chemical Processing
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
DuPont
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
Market Analysis and Insights: Global Caustic Soda Market
Due to the COVID-19 pandemic, the global Caustic Soda market size is estimated to be worth US$ 23960 million in 2021 and is forecast to a readjusted size of US$ 23960 million by 2028 with a CAGR of 3.3% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Caustic Soda global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
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.
Global Caustic Soda Scope and Market Size
The global Caustic Soda market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Caustic Soda market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Liquid Caustic Soda
Solid Caustic Soda
Caustic Soda Flake
Caustic Soda Particle
Segment by Application
Pulp and Paper
Textiles
Soap and Detergents
Bleach Manufacturing
Petroleum Products
Aluminum Production
Chemical Processing
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
DuPont
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
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
