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Chlor-Alkali Market

Global Chlor-Alkali Market Share, Growth, Trends, Forecast: By Product: Caustic Soda, Soda Ash, Chlorine; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Value Chain Analysis; Competitive Landscape; Industry Events and Developments; 2024-2032

Global Chlor-Alkali Market Outlook

The global chlor-alkali market is supported by the caustic soda market. The caustic soda demand reached a volume of around 93.58 million metric tons in 2023. The demand is expected to grow at a CAGR of around 4.5% between 2024 and 2032.

 

Global Chlor-Alkali Market

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Asia Pacific Accounting for a Significant Market Share of Chlor-Alkali

The supply market is led by the Asia Pacific region, accounting for more than half of the total share, that is, around 55% of the total market share. The region is witnessing an increased demand for caustic soda owing to the rising application of paper, food, and beverages, synthetic fibre, and personal care products. The demand in the Asia Pacific region is expected to be higher than the western countries. The application sector is dominated by the alumina as well as soaps and detergents industries in 2018. With the new environment-friendly policies in China, the water treatment activities are likely to increase. With the increase in these activities, the demand for caustic soda is also expected to grow, which is anticipated to boost the chlor-alkali market. The Asia Pacific region is the largest exporter of caustic soda. The Northeast Asian countries export caustic soda to regions like Australia and Papua Guinea.

The Asia Pacific is followed by North America and the European Union as the other major supply markets. The major driving factors for the global chlor-alkali market include the growing market and demand for chemicals, paper and pulp, and soaps and detergents. The United States and Asia export significant volumes of caustic soda to the other regions. While the United States exports to Latin America, Asian and Middle Eastern countries export to European and African countries. Australia also imports a considerable volume of the chlor-alkali.

The increasing construction activities in the Asia Pacific and the Middle East region, meanwhile, are likely to drive the soda ash market. The Asia Pacific region solely consumed around 55% of the total output of soda ash in 2018. China is among the top consumers of soda ash and consumes nearly 95% of the soda ash in the region. North America is the largest exporter of soda ash.

 

Market Segmentation

Chlor-alkali refers to the two chemicals, namely, chlorine and alkali, that are produced at the same time as a result of saltwater electrolysis. The most prevalent chlor-alkali chemicals include chlorine as well as sodium hydroxide (caustic soda) but may include potassium hydroxide and muriatic acid also.

Based on products, the chlor-alkali market can be divided into caustic soda, soda ash, and chlorine.

 

Global Chlor-Alkali Market By Product

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Caustic soda finds its applications in the following sectors:

  • Organics
  • Soaps and Detergents
  • Alumina
  • Pulp and Paper
  • Inorganics
  • Water Treatment
  • Others

Soda ash, meanwhile, finds its applications in the following segments:

  • Flat Glass
  • Container Glass
  • Other Glass
  • Soaps and Detergents
  • Chemicals
  • Alumina
  • Others

Chlorine finds its applications in the following industries:

  • EDC/PVC
  • Organic Chemicals
  • Inorganic Chemicals
  • Isocyanates
  • Chlorinated Intermediates
  • Propylene Oxide
  • Pulp and Paper
  • C1/C2 Aromatics
  • Water Treatment
  • Others

The EMR report also covers the regional chlor-alkali markets like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Chlor-Alkali Market By Region

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Growing CPG Industries Boosting the Market Growth of Chlor-Alkali

The global chlor-alkali market is being driven by its increasing application in the CPG industries. The CPG industries include paper packaging, personal and home care products, and food and beverage industries. The growing demand for organic and inorganic chemicals and pulp and paper is propelling the chlor-alkali market growth further.

The alumina industry, which is likely to witness a healthy and steady growth in the forecast period due to increasing demand from the domestic applications, is driving the caustic soda market growth. The growing demand for automobiles in Latin America is driving the demand for aluminium, which is used in alumina smelting. The growing demand for both organic and non-organic chemicals, which are the end use-industries, is going to aid the growth of the chlor-alkali market. The thriving demand for inorganic chemicals, which is a significant end-use industry for caustic soda, is providing an impetus to the overall market.

 

Growing Demand for EDC/PVC To Augment the Market Growth of Chlor-Alkali

The EDC/PVC segment is likely to witness significant demand over the forecast period. This could be attributed to the various favourable characteristics of polyvinyl chloride (PVC), including its malleability, lightweight, low-cost, and easy to install and handle. The increased usage of PVC in the home construction industry as it is employed as a replacement for metal pipes, is aiding the market growth. Further, PVC is also used in the healthcare sector to make blood bags, feeding tubes, intravenous (IV) bags, and parts of dialysis devices, among others. Moreover, features like biocompatibility, clarity and transparency, resistance to chemical stress cracking, and low thermal conductivity, are expected to boost the EDC/PVC segment in the global chlor-alkali market over the coming years.

 

Key Players in the Global Market for Chlor-Alkali

The report gives a detailed analysis of the following key players in the global chlor-alkali market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Occidental Petroleum Corporation
  • Olin Corporation
  • Formosa Plastics Corporation
  • Akzo Nobel NV
  • Tosoh Corporation
  • INOVYN
  • Genesis Energy, L.P.
  • Tata Chemicals Ltd.
  • Ciner Resources Corporation
  • SHANDONG OCEAN CHEMICAL CO., LTD
  • Haohua Junhua Group Co., Ltd.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on Porter’s five forces model, along with giving a SWOT analysis. This report also provides price and trade data analysis for the chlor-alkali market.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
Breakup by Product
  • Caustic Soda
  • Soda Ash
  • Chlorine
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Occidental Petroleum Corporation
  • Olin Corporation
  • Formosa Plastics Corporation
  • Akzo Nobel NV 
  • Tosoh Corporation
  • INOVYN
  • Genesis Energy, L.P.
  • Tata Chemicals Ltd.
  • Ciner Resources Corporation
  • SHANDONG OCEAN CHEMICAL CO., LTD
  • Haohua Junhua Group Co., Ltd.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Chlor-Alkali Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Chlor-Alkali Historical Market (2018-2023) 
    8.3    Global Chlor-Alkali Market Forecast (2024-2032)
    8.4    Global Chlor-Alkali Market by Product
        8.4.1    Caustic Soda
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
            8.4.1.3    Breakup by Application
                8.4.1.3.1    Soaps and Detergents
                    8.4.1.3.1.1    Historical Trend (2018-2023)
                    8.4.1.3.1.2    Forecast Trend (2024-2032)
                8.4.1.3.2    Alumina
                    8.4.1.3.2.1    Historical Trend (2018-2023)
                    8.4.1.3.2.2    Forecast Trend (2024-2032)
                8.4.1.3.3    Pulp and Paper
                    8.4.1.3.3.1    Historical Trend (2018-2023)
                    8.4.1.3.3.2    Forecast Trend (2024-2032)
                8.4.1.3.4    Water Treatment
                    8.4.1.3.4.1    Historical Trend (2018-2023)
                    8.4.1.3.4.2    Forecast Trend (2024-2032)
                8.4.1.3.5    Others
        8.4.2    Soda Ash
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
            8.4.2.3    Breakup by Application
                8.4.2.3.1    Flat Glass
                    8.4.2.3.1.1    Historical Trend (2018-2023)
                    8.4.2.3.1.2    Forecast Trend (2024-2032)
                8.4.2.3.2    Container Glass
                    8.4.2.3.2.1    Historical Trend (2018-2023)
                    8.4.2.3.2.2    Forecast Trend (2024-2032)
                8.4.2.3.3    Other Glass
                    8.4.2.3.3.1    Historical Trend (2018-2023)
                    8.4.2.3.3.2    Forecast Trend (2024-2032)
                8.4.2.3.4    Soaps and Detergents
                    8.4.2.3.4.1    Historical Trend (2018-2023)
                    8.4.2.3.4.2    Forecast Trend (2024-2032)
                8.4.2.3.5    Chemicals
                    8.4.2.3.5.1    Historical Trend (2018-2023)
                    8.4.2.3.5.2    Forecast Trend (2024-2032)
                8.4.2.3.6    Alumina
                    8.4.2.3.6.1    Historical Trend (2018-2023)
                    8.4.2.3.6.2    Forecast Trend (2024-2032)
                8.4.2.3.7    Others
        8.4.3    Chlorine
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
            8.4.3.3    Market by Application
                8.4.3.3.1    EDC/PVC
                    8.4.3.3.1.1    Historical Trend (2018-2023)
                    8.4.3.3.1.2    Forecast Trend (2024-2032)
                8.4.3.3.2    Isocyanates
                    8.4.3.3.2.1    Historical Trend (2018-2023)
                    8.4.3.3.2.2    Forecast Trend (2024-2032)
                8.4.3.3.3    Chlorinated Intermediates 
                    8.4.3.3.3.1    Historical Trend (2018-2023)
                    8.4.3.3.3.2    Forecast Trend (2024-2032)
                8.4.3.3.4    Propylene Oxide
                    8.4.3.3.4.1    Historical Trend (2018-2023)
                    8.4.3.3.4.2    Forecast Trend (2024-2032)
                8.4.3.3.5    Pulp and Paper
                    8.4.3.3.5.1    Historical Trend (2018-2023)
                    8.4.3.3.5.2    Forecast Trend (2024-2032)
                8.4.3.3.6    C1/C2 Aromatics
                    8.4.3.3.6.1    Historical Trend (2018-2023)
                    8.4.3.3.6.2    Forecast Trend (2024-2032)
                8.4.3.3.7    Water Treatment
                    8.4.3.3.7.1    Historical Trend (2018-2023)
                    8.4.3.3.7.2    Forecast Trend (2024-2032)                
                8.4.3.3.8    Others
    8.5    Global Chlor-Alkali Market by Region
        8.5.1    North America
            8.5.1.1    Historical Trend (2018-2023) 
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Europe
            8.5.2.1    Historical Trend (2018-2023) 
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Asia Pacific
            8.5.3.1    Historical Trend (2018-2023) 
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Latin America
            8.5.4.1    Historical Trend (2018-2023) 
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Middle East and Africa
            8.5.5.1    Historical Trend (2018-2023) 
            8.5.5.2    Forecast Trend (2024-2032) 
9    North America Chlor-Alkali Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Chlor-Alkali Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Chlor-Alkali Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Chlor-Alkali Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East  and Africa Chlor-Alkali Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market  Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value  Chain Analysis
16    Trade Data Analysis ( HS Code – 281511, 283620, 280110)

    16.1    Major Importing Countries
        16.1.1    By Value
        16.1.2    By Volume
    16.2    Major Exporting Countries
        16.2.1    By Value
        16.2.2    By Volume
17    Price Analysis
    17.1    Caustic Soda Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.2    Soda Ash Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.3    Chlorine Historical Price Trends (2018-2023) and Forecast (2024-2032)
18    Cost Analysis
    18.1    Cost of Raw Material
    18.2    Utilities
    18.3    Manpower
    18.4    Other Costs
19    Competitive Landscape
    19.1    Market Structure
    19.2    Company Profiles
        19.2.1    Occidental Petroleum Corporation
            19.2.1.1    Company Overview
            19.2.1.2    Product Portfolio
            19.2.1.3    Demographic Reach and Achievements
            19.2.1.4    Certifications
        19.2.2    Olin Corporation
            19.2.2.1    Company Overview
            19.2.2.2    Product Portfolio
            19.2.2.3    Demographic Reach and Achievements
            19.2.2.4    Certifications
        19.2.3    Formosa Plastics Corporation
            19.2.3.1    Company Overview
            19.2.3.2    Product Portfolio
            19.2.3.3    Demographic Reach and Achievements
            19.2.3.4    Certifications
        19.2.4    Akzo Nobel NV 
            19.2.4.1    Company Overview
            19.2.4.2    Product Portfolio
            19.2.4.3    Demographic Reach and Achievements
            19.2.4.4    Certifications
        19.2.5    Tosoh Corporation
            19.2.5.1    Company Overview
            19.2.5.2    Product Portfolio
            19.2.5.3    Demographic Reach and Achievements
            19.2.5.4    Certifications
        19.2.6    INOVYN
            19.2.6.1    Company Overview
            19.2.6.2    Product Portfolio
            19.2.6.3    Demographic Reach and Achievements
            19.2.6.4    Certifications
        19.2.7    Genesis Energy, L.P.
            19.2.7.1    Company Overview
            19.2.7.2    Product Portfolio
            19.2.7.3    Demographic Reach and Achievements
            19.2.7.4    Certifications
        19.2.8    Tata Chemicals Ltd.
            19.2.8.1    Company Overview
            19.2.8.2    Product Portfolio
            19.2.8.3    Demographic Reach and Achievements
            19.2.8.4    Certifications
        19.2.9    Ciner Resources Corporation
            19.2.9.1    Company Overview
            19.2.9.2    Product Portfolio
            19.2.9.3    Demographic Reach and Achievements
            19.2.9.4    Certifications
        19.2.10    SHANDONG OCEAN CHEMICAL CO., LTD
            19.2.10.1    Company Overview
            19.2.10.2    Product Portfolio
            19.2.10.3    Demographic Reach and Achievements
            19.2.10.4    Certifications
        19.2.11    Haohua Junhua Group Co., Ltd.
            19.2.11.1    Company Overview
            19.2.11.2    Product Portfolio
            19.2.11.3    Demographic Reach and Achievements
            19.2.11.4    Certifications
        19.2.12    Others
20    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Chlor-Alkali Market: Key Industry Highlights, 2018 and 2032
2.    Global Chlor-Alkali Historical Market: Breakup by Product (Million Metric Tons), 2018-2023
3.    Global Chlor-Alkali Market Forecast: Breakup by Product (Million Metric Tons), 2024-2032
4.    Global Caustic Soda Historical Market: Breakup by Application (Million Metric Tons), 2018-2023
5.    Global Caustic Soda Market Forecast: Breakup by Application (Million Metric Tons), 2024-2032
6.    Global Soda Ash Historical Market: Breakup by Application (Million Metric Tons), 2018-2023
7.    Global Soda Ash Market Forecast: Breakup by Application (Million Metric Tons), 2024-2032
8.    Global Chlorine Historical Market: Breakup by Application (Million Metric Tons), 2018-2023
9.    Global Chlorine Market Forecast: Breakup by Application (Million Metric Tons), 2024-2032
10.    Global Chlor-Alkali Historical Market: Breakup by Region (Million Metric Tons), 2018-2023
11.    Global Chlor-Alkali Market Forecast: Breakup by Region (Million Metric Tons), 2024-2032
12.    Major Exporting Countries by Value
13.    Major Importing Countries by Value
14.    Major Exporting Countries by Volume
15.    Major Importing Countries by Volume
16.    Caustic Soda Historical Price Trends and Forecast (2018-2028)
17.    Soda Ash Historical Price Trends and Forecast (2018-2028)
18.    Chlorine Historical Price Trends and Forecast (2018-2028)
19.    Global Chlor-Alkali Market Structure

Key Questions Answered in the Report

The market attained a volume of approximately 93.58 million metric tons in 2023.

The market is projected to grow at a CAGR of 4.5% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 139.07 million by 2032.  

The major market drivers are increased demand for caustic soda, expansion of construction activities, and rising demand for paper, food, and beverages, synthetic fibre, and personal care products. 

The key trends in the market are increasing application in CPG industries and growing demand for automobiles.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The products of chlor-alkali in the market are caustic soda, soda ash, and chlorine.

The major players in the global chlor-alkali market are Occidental Petroleum Corporation, Olin Corporation, Formosa Plastics Corporation, Akzo Nobel NV, Tosoh Corporation, INOVYN, Genesis Energy, L.P., Tata Chemicals Ltd., Ciner Resources Corporation, SHANDONG OCEAN CHEMICAL CO., LTD, and Haohua Junhua Group Co., Ltd., among others.

Analyst Review

The global chlor-alkali market attained a volume of 93.58 million metric tons in 2023, driven by the increased demand for caustic soda owing to the rising application of paper, food, and beverages, synthetic fibre, and personal care products. Aided by increasing application in the CPG industries and growing demand for automobiles, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 4.5%. The market is projected to reach 139.07 million metric tons by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its products, the chlor-alkali industry can be segmented into caustic soda, soda ash, and chlorine. The major regional markets for chlor-alkali are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with Asia Pacific accounting for the largest share of the market. The key players in the above market include Occidental Petroleum Corporation, Olin Corporation, Formosa Plastics Corporation, Akzo Nobel NV, Tosoh Corporation, INOVYN, Genesis Energy, L.P., Tata Chemicals Ltd., Ciner Resources Corporation, SHANDONG OCEAN CHEMICAL CO., LTD, and Haohua Junhua Group Co., Ltd., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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