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Sodium hydroxide is also known as caustic soda, caustic, and lye. Anhydrous (100%, solid) caustic soda has a chemical formula of NaOH and a molecular weight of 40.00.
It is available commercially in the form of liquid, solid, flakes, or particles. Sodium hydroxide has diverse industrial applications due to its strong alkaline nature. It is integral to the manufacture of petroleum products, pulp and paper, alumina, textiles, and soaps and detergents, along with its application in chemical processing, water treatment and petroleum processing.
For commercial purposes, caustic soda is used either in a 32%, 45% of 50% etc. aqueous solution or as a solid. Industrially, caustic soda is most commonly manufactured by the electrolysis of a sodium chloride (NaCl) solution. The co-products formed from the electrolytic production of caustic soda are chlorine and hydrogen.
Dow Chemical, Oxychem, Westlake (Axiall), Olin Corporation, and Formosa Plastics Corporation are the leading sodium hydroxide players, the top 5 accounting for approximately 25% of the total market.
China is the largest producer of sodium hydroxide, accounting for about 33% of the total market, followed by North America with 20% market share.
Market Analysis and Insights: Global Sodium Hydroxide Market
In 2020, the global Sodium Hydroxide market size was US$ 34400 million and it is expected to reach US$ 47120 million by the end of 2027, with a CAGR of 4.6% during 2021-2027.
Global Sodium Hydroxide Scope and Market Size
Sodium Hydroxide market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Sodium Hydroxide market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.
Segment by Type, the Sodium Hydroxide market is segmented into
Liquid Caustic Soda
Solid Caustic Soda
Caustic Soda Flake
Caustic Soda Particle
Segment by Application, the Sodium Hydroxide market is segmented into
Pulp and Paper
Textiles
Soap and Detergents
Bleach Manufacturing
Petroleum Products
Aluminum Processing
Chemical Processing
Other
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Competitive Landscape and Sodium Hydroxide Market Share Analysis
Sodium Hydroxide market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Sodium Hydroxide product introduction, recent developments, Sodium Hydroxide sales by region, type, application and by sales channel.
The major companies include:
DuPont
OxyChem
Westlake (Axiall)
Olin Corporation
Formosa Plastics Corporation
Tosoh
Ineos Chlor Ltd
Asahi Glass
Covestro
Shin-Etsu Chemical
AkzoNobel
Hanwha Chemical
Solvay
LG Chemical
Tokuyama Corp
SABIC
Kemira
Basf
Aditya Birla Chemicals
GACL
ChemChina
Xinjiang Zhongtai Chemical
Xinjiang Tianye
Beiyuan Group
Shandong Jinling
SP Chemical(Taixing)
Haili Chemical
Huatai Group
Wanhua Chemical (Ningbo)
Tangshan Sanyou Alkali Chloride
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