Home > Chemicals & Materials > Specialty Chemicals > Custom Synthesis > Caustic Soda Market

Caustic Soda Market Share

Report ID: GMI2238
Published Date: Nov 2024
Report Format: PDF

Download Free Sample

Caustic Soda Market Share

Companies include, Akzo Nobel N.V. plays a significant role in the caustic soda industry through its focus on sustainable production practices and advanced chemical solutions, providing high-purity caustic soda for various applications. Arkema S.A. contributes by developing innovative materials that utilize caustic soda in the production of specialty chemicals, emphasizing sustainability and efficiency in their manufacturing processes. Dow is a major player, leveraging its extensive production capabilities to supply caustic soda for multiple sectors, including water treatment and organic chemicals, while continuously investing in technology to enhance production efficiency.

Covestro AG focuses on integrating caustic soda into its polyurethane production processes, driving advancements in chemical innovation and sustainability. Formosa Plastics Corp. is recognized for its substantial production capacity, making it one of the leading suppliers of caustic soda in the U.S. and internationally, supporting various industries while ensuring compliance with environmental regulations.

Caustic Soda Market Companies

Major players operating in the caustic soda industry are:

Akzo Nobel N.V.
Arkema S.A.
Asahi Glass Company
Covestro AG
Dow
Formosa Plastics Corp.
Grasim (Aditya Birla)
Hanwha Chemical Corporation
Occidental Chemical Corporation (OxyChem)
SABIC

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The global market size for caustic soda was valued at USD 29.4 billion in 2024 and is expected to reach USD 42.7 billion by 2034, driven by a CAGR of over 3.6% from 2025 to 2034.

The organic chemicals segment held a 19.7% market share in 2024, amounting to USD 5.6 billion, and is projected to grow at a 3.7% CAGR from 2025 to 2034, driven by its extensive use in the synthesis of numerous compounds.

U.S. market is projected to achieve USD 6.7 billion by 2034, driven by a CAGR of 3.1% from 2025 to 2034, fueled by increased demand across key sectors such as chemicals, textiles, and water treatment.

Major players in the industry include Akzo Nobel N.V., Arkema S.A., Asahi Glass Company, Covestro AG, Dow, Formosa Plastics Corp., Grasim (Aditya Birla), and Hanwha Chemical Corporation.