Caustic Soda Market Size, Share, and Trends 2024 to 2034

The global caustic soda market size is accounted at USD 47.99 billion in 2025 and is forecasted to hit around USD 74.01 billion by 2034, representing a CAGR of 4.93% from 2025 to 2034. The North America market size was estimated at USD 24.33 billion in 2024 and is expanding at a CAGR of 4.97% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 5410
  • Category : Chemical and Material

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID-19 Impact on Caustic Soda Market 

5.1. COVID-19 Landscape: Caustic Soda Industry Impact

5.2. COVID-19 - Impact Assessment for the Industry

5.3. COVID-19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

 

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Caustic Soda Market, By Application

8.1. Caustic Soda Market Revenue and Volume, by Application, 2025-2034

8.1.1. Alumina

8.1.1.1. Market Revenue and Volume Forecast (2022-2034)

8.1.2. Inorganic Chemicals

8.1.2.1. Market Revenue and Volume Forecast (2022-2034)

8.1.3. Organic Chemicals

8.1.3.1. Market Revenue and Volume Forecast (2022-2034)

8.1.4. Food

8.1.4.1. Market Revenue and Volume Forecast (2022-2034)

8.1.5. Paper and Pulp

8.1.5.1. Market Revenue and Volume Forecast (2022-2034)

8.1.6. Soaps & Detergents

8.1.6.1. Market Revenue and Volume Forecast (2022-2034)

8.1.7. Textiles

8.1.7.1. Market Revenue and Volume Forecast (2022-2034)

8.1.8. Water Treatment

8.1.8.1. Market Revenue and Volume Forecast (2022-2034)

8.1.9. Steel/Metallurgy- Sintering

8.1.9.1. Market Revenue and Volume Forecast (2022-2034)

8.1.10. Other

8.1.10.1. Market Revenue and Volume Forecast (2022-2034)

Chapter 9. Global Caustic Soda Market, Regional Estimates and Trend Forecast

9.1. North America

9.1.1. Market Revenue and Volume Forecast, by Application (2022-2034)

9.1.2. U.S.

9.1.2.1. Market Revenue and Volume Forecast, by Application (2022-2034)

9.1.3. Rest of North America

9.1.3.1. Market Revenue and Volume Forecast, by Application (2022-2034)

9.2. Europe

9.2.1. Market Revenue and Volume Forecast, by Application (2022-2034)

9.2.2. UK

9.2.2.1. Market Revenue and Volume Forecast, by Application (2022-2034)

9.2.3. Germany

9.2.3.1. Market Revenue and Volume Forecast, by Application (2022-2034)

9.2.4. France

9.2.4.1. Market Revenue and Volume Forecast, by Application (2022-2034)

9.2.5. Rest of Europe

9.2.5.1. Market Revenue and Volume Forecast, by Application (2022-2034)

9.3. APAC

9.3.1. Market Revenue and Volume Forecast, by Application (2022-2034)

9.3.2. India

9.3.2.1. Market Revenue and Volume Forecast, by Application (2022-2034)

9.3.3. China

9.3.3.1. Market Revenue and Volume Forecast, by Application (2022-2034)

9.3.4. Japan

9.3.4.1. Market Revenue and Volume Forecast, by Application (2022-2034)

9.3.5. Rest of APAC

9.3.5.1. Market Revenue and Volume Forecast, by Application (2022-2034)

9.4. MEA

9.4.1. Market Revenue and Volume Forecast, by Application (2022-2034)

9.4.2. GCC

9.4.2.1. Market Revenue and Volume Forecast, by Application (2022-2034)

9.4.3. North Africa

9.4.3.1. Market Revenue and Volume Forecast, by Application (2022-2034)

9.4.4. South Africa

9.4.4.1. Market Revenue and Volume Forecast, by Application (2022-2034)

9.4.5. Rest of MEA

9.4.5.1. Market Revenue and Volume Forecast, by Application (2022-2034)

9.5. Latin America

9.5.1. Market Revenue and Volume Forecast, by Application (2022-2034)

9.5.2. Brazil

9.5.2.1. Market Revenue and Volume Forecast, by Application (2022-2034)

9.5.3. Rest of LATAM

9.5.3.1. Market Revenue and Volume Forecast, by Application (2022-2034)

Chapter 10. Company Profiles

10.1. Akzo Nobel N.V.

10.1.1. Company Overview

10.1.2. Product Offerings

10.1.3. Financial Performance

10.1.4. Recent Initiatives

10.2. Covestro AG

10.2.1. Company Overview

10.2.2. Product Offerings

10.2.3. Financial Performance

10.2.4. Recent Initiatives

10.3. Dow

10.3.1. Company Overview

10.3.2. Product Offerings

10.3.3. Financial Performance

10.3.4. Recent Initiatives

10.4. Formosa Plastics Corporation

10.4.1. Company Overview

10.4.2. Product Offerings

10.4.3. Financial Performance

10.4.4. Recent Initiatives

10.5. Grasim Industries Limited (India) and Aditya Birla Chemicals (Thailand) Pvt. Ltd

10.5.1. Company Overview

10.5.2. Product Offerings

10.5.3. Financial Performance

10.5.4. Recent Initiatives

10.6. Hanwha Group

10.6.1. Company Overview

10.6.2. Product Offerings

10.6.3. Financial Performance

10.6.4. Recent Initiatives

10.7. Occidental Petroleum Corporation

10.7.1. Company Overview

10.7.2. Product Offerings

10.7.3. Financial Performance

10.7.4. Recent Initiatives

10.8. Olin Corporation

10.8.1. Company Overview

10.8.2. Product Offerings

10.8.3. Financial Performance

10.8.4. Recent Initiatives

10.9. SABIC

10.9.1. Company Overview

10.9.2. Product Offerings

10.9.3. Financial Performance

10.9.4. Recent Initiatives

10.10. Shin-Etsu Chemical Co., Ltd.

10.10.1. Company Overview

10.10.2. Product Offerings

10.10.3. Financial Performance

10.10.4. Recent Initiatives

Chapter 11. Research Methodology

11.1. Primary Research

11.2. Secondary Research

11.3. Assumptions

Chapter 12. Appendix

12.1. About Us

12.2. Glossary of Terms

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Frequently Asked Questions

The global caustic soda market size is expected to grow from USD 45.74 billion in 2024 to USD 74.01 billion by 2034.

The caustic soda market is anticipated to grow at a CAGR of 4.93% between 2025 and 2034.

The major players operating in the caustic soda market are Akzo Nobel N.V., Covestro AG, Dow, Formosa Plastics Corporation, Grasim Industries Limited (India) and Aditya Birla Chemicals (Thailand) Pvt. Ltd, Hanwha Group, Occidental Petroleum Corporation, Olin Corporation, SABIC, Shin-Etsu Chemical Co., Ltd., Solvay, Tata Chemicals, Tosoh India Pvt. Ltd, Westlake Corporation, and Others.

The driving factors of the caustic soda market are the Increasing demand for alumina production also increasing adoption of sustainable and eco-friendly manufacturing practices.

Asia Pacific region will lead the global caustic soda market during the forecast period 2025 to 2034.

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