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Global Liquid Caustic Soda Market Share, Size, Price, Growth, Analysis, Forecast: By Application: Pulp and Paper, Textiles, Soap and Detergent, Bleach Manufacturing, Petroleum Products, Aluminium Processing, Chemical Processing, Others; Regional Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2023-2028

Global Liquid Caustic Soda Market Outlook

The global liquid caustic soda market size is expected to grow at a CAGR of 5.40% between 2023 and 2028. The market is being driven by the heightened demand for liquid caustic soda from the industrial sector.

 

Key Trends in the Market

Liquid caustic soda is defined a strong, odourless, and colourless chemical compound belonging to the alkali group that is procured by electrolysing brine. A versatile product, liquid caustic soda has applications in various industrial and commercial sectors. Liquid caustic soda does not contain any volatile organic compounds (VOC), due to which it is considered safe for various applications.

 

  • The global market for liquid caustic soda is being driven by the versatility of the compound which is escalating its application across various end use sectors. For instance, the thriving building and construction sector across the emerging economies is generating a demand for aluminium which is in turn bolstering the application of liquid caustic soda.
  • Liquid caustic soda performs useful functions in water management, general chemistry, and pulp and paper manufacturing, among others. Over the forecast period, the growing research and development activities in the chemical sector are expected to augment the liquid caustic soda market dynamics.
  • The growing collaborations and agreements between major manufacturers to improve their transportation and supply chain management are the key trends aiding the market growth.

 

Market Analysis

Based on application, the market can be segmented into pulp and paper, textiles, soap and detergent, bleach manufacturing, petroleum products, aluminium processing, and chemical processing, among others. The regional markets for liquid caustic soda can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.  

 

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global liquid caustic soda market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans. 

 

  • Asahimas Chemical Company
  • Westlake Corporation
  • Univar Solutions Inc.
  • Hawkins
  • OxyChem
  • Infinity Galaxy
  • RX Chemicals
  • Others

 

Market Share by Application

The aluminium processing segment held a significant share in the liquid caustic soda market based on application. Liquid caustic soda helps in the dissolving process of bauxite ore which is, in turn, used as a raw material for aluminium production. The heightened demand for aluminium for structural construction in various sectors such as automotive, building and construction, and military and defence, among others, is propelling the application of liquid caustic soda in aluminium production plants. Meanwhile, the pulp and paper segment is expected to witness growth in the forecast period, owing to the thriving packaging and décor sectors. In this regard, liquid caustic soda is likely to witness increasing demand from major paper production plants to meet the growing requirement for paper. 

 

Market Share by Region

Based on region, North America holds a decent share in the liquid caustic soda market. The market growth in this region is being driven by the presence of large caustic soda producing plants across augmented economies such as the United States. In addition, companies in this region are expanding their product transportation capacities which will cater to the demands of various end use sectors for liquid caustic soda. Meanwhile, the Asia Pacific is expected to offer lucrative opportunities to the market for liquid caustic soda because of the rapid advancements in the end use sectors owing to the growing urbanisation. 

 

Competitive Landscape

Asahimas Chemical Company is a leading chemical manufacturer based in Indonesia. The company produces and supplies caustic soda as a raw material to various end use sectors such as plastics, pharmaceuticals, and adhesives, among others. Asahimas Chemical Company was established in the year 1986. Moreover, this company produces a variety of chemical products including chlorine, sodium hypochlorite, and polyvinyl chloride, among others.  

 

Westlake Corporation is a leading petrochemical manufacturing company which was founded in the year 1986 and is currently headquartered in Texas, United States. It is one of the largest producers of caustic soda which caters to the demands of soap, detergent, and textile producing companies. The company also provides vital solutions for industries such as healthcare, automotive, and construction, etc. 

 

Univar Solutions Inc. is a renowned distributor of chemical ingredients, along with related products and services. The company produces and supplies liquid and technical grade caustic soda to cater to the demands of various industries. Univar Solutions Inc. was founded in the year 1924 and is currently headquartered in Washington, United States. 

 

Other market players include Hawkins, OxyChem, Infinity Galaxy, and RX Chemicals, among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report

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

  • Application
  • Region
Breakup by Application
  • Pulp and Paper
  • Textiles
  • Soap and Detergent
  • Bleach Manufacturing
  • Petroleum Products
  • Aluminium Processing
  • Chemical Processing
  • Others
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
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Trade Data Analysis
  • Major Exporting Countries
    • By Value
    • By Volume
  • Major Importing Countries
    • By Value
    • By Volume
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Asahimas Chemical Company
  • Westlake Corporation
  • Univar Solutions Inc.
  • Hawkins
  • OxyChem
  • Infinity Galaxy
  • RX Chemicals
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

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    Market Snapshot
    6.1    Global
    6.2    Region
7    Opportunities and Challenges in the Market 
8    Global Liquid Caustic Soda Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Liquid Caustic Soda Historical Market (2018-2022) 
    8.3    Global Liquid Caustic Soda Market Forecast (2023-2028)
    8.4    Global Liquid Caustic Soda Market by Application
        8.4.1    Pulp and Paper 
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Textiles 
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Soap and Detergent 
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2022)
            8.4.3.3    Forecast Trend (2023-2028)
        8.4.4    Bleach Manufacturing 
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2018-2022)
            8.4.4.3    Forecast Trend (2023-2028)
        8.4.5    Petroleum Products 
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2018-2022)
            8.4.5.3    Forecast Trend (2023-2028)
        8.4.6    Aluminium Processing 
            8.4.6.1    Market Share
            8.4.6.2    Historical Trend (2018-2022)
            8.4.6.3    Forecast Trend (2023-2028)
        8.4.7    Chemical Processing 
            8.4.7.1    Market Share
            8.4.7.2    Historical Trend (2018-2022)
            8.4.7.3    Forecast Trend (2023-2028)
        8.4.8    Others
    8.5    Global Liquid Caustic Soda Market by Region
        8.5.1    North America
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022) 
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Europe
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022) 
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Asia Pacific
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022) 
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Latin America
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022) 
            8.5.4.3    Forecast Trend (2023-2028)
        8.5.5    Middle East and Africa
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2018-2022) 
            8.5.5.3    Forecast Trend (2023-2028)
9    North America Liquid Caustic Soda Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe Liquid Caustic Soda Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Liquid Caustic Soda Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Liquid Caustic Soda Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Liquid Caustic Soda Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    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 –2815)

    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
18    Competitive Landscape

    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    Asahimas Chemical Company
            18.2.1.1    Company Overview
            18.2.1.2    Product Portfolio
            18.2.1.3    Demographic Reach and Achievements
            18.2.1.4    Certifications
        18.2.2    Westlake Corporation
            18.2.2.1    Company Overview
            18.2.2.2    Product Portfolio
            18.2.2.3    Demographic Reach and Achievements
            18.2.2.4    Certifications
        18.2.3    Univar Solutions Inc.
            18.2.3.1    Company Overview
            18.2.3.2    Product Portfolio
            18.2.3.3    Demographic Reach and Achievements
            18.2.3.4    Certifications
        18.2.4    Hawkins
            18.2.4.1    Company Overview
            18.2.4.2    Product Portfolio
            18.2.4.3    Demographic Reach and Achievements
            18.2.4.4    Certifications
        18.2.5    OxyChem
            18.2.5.1    Company Overview
            18.2.5.2    Product Portfolio
            18.2.5.3    Demographic Reach and Achievements
            18.2.5.4    Certifications
        18.2.6    Infinity Galaxy
            18.2.6.1    Company Overview
            18.2.6.2    Product Portfolio
            18.2.6.3    Demographic Reach and Achievements
            18.2.6.4    Certifications
        18.2.7    RX Chemicals
            18.2.7.1    Company Overview
            18.2.7.2    Product Portfolio
            18.2.7.3    Demographic Reach and Achievements
            18.2.7.4    Certifications
        18.2.8    Others
19    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Liquid Caustic Soda Market: Key Industry Highlights, 2018 and 2028
2.    Global Liquid Caustic Soda Historical Market: Breakup by Type (USD Million), 2018-2022
3.    Global Liquid Caustic Soda Market Forecast: Breakup by Type (USD Million), 2023-2028
4.    Global Liquid Caustic Soda Historical Market: Breakup by Application (USD Million), 2018-2022
5.    Global Liquid Caustic Soda Market Forecast: Breakup by Application (USD Million), 2023-2028
6.    Global Liquid Caustic Soda Historical Market: Breakup by Region (USD Million), 2018-2022
7.    Global Liquid Caustic Soda Market Forecast: Breakup by Region (USD Million), 2023-2028
8.    North America Liquid Caustic Soda Historical Market: Breakup by Country (USD Million), 2018-2022
9.    North America Liquid Caustic Soda Market Forecast: Breakup by Country (USD Million), 2023-2028
10.    Europe Liquid Caustic Soda Historical Market: Breakup by Country (USD Million), 2018-2022
11.    Europe Liquid Caustic Soda Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Asia Pacific Liquid Caustic Soda Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Asia Pacific Liquid Caustic Soda Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Latin America Liquid Caustic Soda Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Latin America Liquid Caustic Soda Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Middle East and Africa Liquid Caustic Soda Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Middle East and Africa Liquid Caustic Soda Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Major Importing Countries by Value
19.    Major Exporting Countries by Value
20.    Major Importing Countries by Volume
21.    Major Exporting Countries by Volume
22.    Global Liquid Caustic Soda Market Structure.

Key Questions Answered in the Report

The market is estimated to grow at a CAGR of 5.40% in the forecast period of 2023-2028.

The versatility of liquid caustic soda which is escalating its application across various end use sectors and increasing application of the product for various purposes including water management, general chemistry, and pulp and paper manufacturing, among others, are the major drivers of the market.

The key trends in the liquid caustic soda market include the increasing demand for aluminium made with liquid caustic soda and growing collaborations and agreements between the major manufacturers to improve their transportation and supply chain management.

Pulp and paper, textiles, soap and detergent, bleach manufacturing, petroleum products, aluminium processing, and chemical processing, among others, are the different applications included in the market report.

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

Liquid caustic soda is an inorganic compound which is used to assist the manufacturing of various downstream product such as paper, aluminium, and textile, among others.

Liquid caustic soda is potentially a harmful compound for humans in case handled recklessly.

Consuming liquid caustic soda can cause vomiting, chest and abdominal pain, and difficulty in swallowing food.

Asahimas Chemical Company, Westlake Corporation, Univar Solutions Inc., Hawkins, OxyChem, Infinity Galaxy, and RX Chemicals, among others, are the key market players, according to the report.

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