Product Code: CMI6729
The sodium hydroxide market is estimated to be valued at USD 5.38 Bn in 2024 and is expected to reach USD 7.28 Bn by 2031, growing at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2023/2024: |
US$ 5.38 Bn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2023/2024 to 2030/2031 CAGR: |
4.40% |
2030/2031 Value Projection: |
US$ 7.28 Bn |
Sodium Hydroxide Market Share (%), By Region, 2024
Sodium hydroxide, also known as caustic soda, is an inorganic compound with wide applications across various end-use industries. It is widely used in paper, textile, soap and detergent manufacturing, petroleum products, and chemical processing. Sodium hydroxide is an alkaline metallic compound produced either from the electrolysis of brine or from the reaction of an alkali metal with water. It has strong alkaline properties and helps lower the pH of water. The compound is highly corrosive and can be dangerous if mishandled. However, it forms the backbone of many industrial and consumer products due its unique chemical and physical properties. The rising demand from key end-use industries is expected to drive growth in the sodium hydroxide market over the forecast period.
Market Dynamics:
The global sodium hydroxide market is expected to be driven by the increasing demand from key end-use industries such as paper and pulp, textile, chemical processing, petroleum products, soap, and detergents. Sodium hydroxide plays a vital role in the manufacturing process of these industries. Growth in the paper industry on account of the rising packaging demand from the food and pharmaceutical industries will continue to augment the market growth. However, threat of substitutes and volatile raw material prices may hamper market revenues. Adoption of sodium hydroxide in wastewater treatment applications and surging demand for cleaners and detergents from consumers present significant opportunities for market players.
Key Features of the Study:
- This report provides an in-depth analysis of the global sodium hydroxide market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global sodium hydroxide market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Dow, DuPont,, Sanmar Group, Gujarat Alkalies and Chemicals Limited, Bayer AG, GACL Ltd., Aditya Birla Chemicals, BSC Chemicals, Tokuyama Corporation., Covestro, BASF, Olin Corporation, Westlake Corporation, Occidental Petroleum Corporation, Xinjiang Zhongtai Chemical Co. Ltd, Akzo Nobel N.V, Brenntag North America, Inc, Vizag chemical, Astrra Chemicals, Vinayak Chemicals, and Ottokemi.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global sodium hydroxide market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global sodium hydroxide market.
Market Segmentation
- By Grade:
- Solid
- 50% Aqueous Solution
- Others
- By Production Process:
- Membrane Cell
- Diaphragm Cell
- Others
- By Application:
- Biodiesel
- Alumina
- Inorganic Chemicals
- Organic Chemicals
- Food
- Pulp & Paper
- Soap & Detergent
- Textiles
- Others (Water Treatment, etc.)
- By Regional:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Dow
- DuPont,
- Sanmar Group
- Gujarat Alkalies and Chemicals Limited
- Bayer AG, GACL Ltd.
- Aditya Birla Chemicals
- BSC Chemicals
- Tokuyama Corporation.
- Covestro
- BASF
- Olin Corporation
- Westlake Corporation
- Occidental Petroleum Corporation
- Xinjiang Zhongtai Chemical Co. Ltd
- Akzo Nobel N.V
- Brenntag North America, Inc
- Vizag chemical
- Astrra Chemicals
- Vinayak Chemicals
- Ottokemi
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
2. Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Grade
- Market Snapshot, By Production Process
- Market Snapshot, By Application
- Market Snapshot, By Region
- Market Scenario - Conservative, Likely, Opportunistic
- Market Opportunity Map
3. Key Insights
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Key Market Trends
- Market Assessment By PESTEL Analysis
- PORTER Analysis
- Regulatory Scenario
- Market Attractiveness Analysis
- Incremental $ Opportunity Assessment
4. Global Sodium Hydroxide Market, By Grade, 2019 - 2031 (US$ Bn) & Volume (KT)
- Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031
- Market Y-o-Y Growth Comparison (%), 2019 - 2031
- Segment Trends
- Solid, 2019 - 2031(US$ Bn) & Volume (KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn) & Volume (KT)
- 50% Aqueous Solution, 2019 - 2031(US$ Bn) & Volume (KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn) & Volume (KT)
- Others, 2019 - 2031(US$ Bn) & Volume (KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn) & Volume (KT)
5. Global Sodium Hydroxide Market, By Production Process, 2019 - 2031 (US$ Bn) & Volume (KT)
- Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031
- Market Y-o-Y Growth Comparison (%), 2019 - 2031
- Segment Trends
- Membrane Cell, 2019 - 2031(US$ Bn) & Volume (KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn) & Volume (KT)
- Diaphragm Cell, 2019 - 2031(US$ Bn) & Volume (KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn) & Volume (KT)
- Others, 2019 - 2031(US$ Bn) & Volume (KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn) & Volume (KT)
6. Global Sodium Hydroxide Market, By Application, 2019 - 2031 (US$ Bn) & Volume (KT)
- Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031
- Market Y-o-Y Growth Comparison (%), 2019 - 2031
- Segment Trends
- Biodiesel, 2019 - 2031(US$ Bn) & Volume (KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn) & Volume (KT)
- Alumina, 2019 - 2031(US$ Bn) & Volume (KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn) & Volume (KT)
- Inorganic Chemicals, 2019 - 2031(US$ Bn) & Volume (KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn) & Volume (KT)
- Organic Chemicals, 2019 - 2031(US$ Bn) & Volume (KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn) & Volume (KT)
- Food, 2019 - 2031(US$ Bn) & Volume (KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn) & Volume (KT)
- Pulp & Paper, 2019 - 2031(US$ Bn) & Volume (KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn) & Volume (KT)
- Soap & Detergent, 2019 - 2031(US$ Bn) & Volume (KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn) & Volume (KT)
- Textiles, 2019 - 2031(US$ Bn) & Volume (KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn) & Volume (KT)
- Others (Water Treatment, etc.), 2019 - 2031(US$ Bn) & Volume (KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn) & Volume (KT)
7. Global Sodium Hydroxide Market, By Region, 2019 - 2031 (US$ Bn) & Volume (KT)
- Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031, (US$ Bn)
- Market Y-o-Y Growth Comparison (%), 2024 - 2031, (US$ Bn)
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, By Grade, 2019 - 2031, (US$ Bn) & Volume (KT)
- Market Size and Forecast, By Production Process, 2019 - 2031, (US$ Bn) & Volume (KT)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn) & Volume (KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn) & Volume (KT)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, By Grade, 2019 - 2031, (US$ Bn) & Volume (KT)
- Market Size and Forecast, By Production Process, 2019 - 2031, (US$ Bn) & Volume (KT)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn) & Volume (KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn) & Volume (KT)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest Of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Grade, 2019 - 2031, (US$ Bn) & Volume (KT)
- Market Size and Forecast, By Production Process, 2019 - 2031, (US$ Bn) & Volume (KT)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn) & Volume (KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn) & Volume (KT)
- China
- India
- Japan
- Australia
- South Korea
- Asean
- Rest Of Asia Pacific
- Middle East & Africa
- Introduction
- Market Size and Forecast, By Grade, 2019 - 2031, (US$ Bn) & Volume (KT)
- Market Size and Forecast, By Production Process, 2019 - 2031, (US$ Bn) & Volume (KT)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn) & Volume (KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn) & Volume (KT)
- GCC
- Israel
- Rest Of Middle East
- Latin America
- Introduction
- Market Size and Forecast, By Grade, 2019 - 2031, (US$ Bn) & Volume (KT)
- Market Size and Forecast, By Production Process, 2019 - 2031, (US$ Bn) & Volume (KT)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn) & Volume (KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn) & Volume (KT)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
8. Company Profiles - Global Sodium Hydroxide Market
- Dow
- Company Overview
- Product/Service Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategic Overview
- DuPont,
- Sanmar Group
- Gujarat Alkalies and Chemicals Limited
- Bayer AG, GACL Ltd.
- Aditya Birla Chemicals
- BSC Chemicals
- Tokuyama Corporation.
- Covestro
- BASF
- Olin Corporation
- Westlake Corporation
- Occidental Petroleum Corporation
- Xinjiang Zhongtai Chemical Co. Ltd
- Akzo Nobel N.V
- Brenntag North America, Inc
- Vizag chemical
- Astrra Chemicals
- Vinayak Chemicals
- Ottokemi
9. References and Research Methodology
- References
- Research Methodology
- About us and Sales Contact