Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company In response to fluctuating tariffs and geopolitical trade developments, the Caustic Soda Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
The market size for caustic soda has experienced consistent growth over the years. The market size was $44.15 billion in 2024 and is projected to increase to $45.71 billion in 2025, with a compound annual growth rate (CAGR) of 3.5%.
By 2029, the caustic soda market is expected to reach a size of $54.52 billion, growing at a compound annual growth rate (CAGR) of 4.5%.
Download the Free Sample Now:The key Drivers in the caustic soda market are:
• Rising demand for paper-based packaging
• Increasing environmental concerns leading to a push for sustainable alternatives to plastic
• Heightened awareness and stricter regulations on single-use plastics
• Use of caustic soda in pulp bleaching to produce high-quality paper products
The caustic sodamarket covered in this report is segmented –
1) By Product: Liquid Caustic Soda, Solid Caustic Soda, Caustic Soda Flake, Caustic Soda Particle
2) By Grade: Industrial Grade, Pharmaceutical Grade, Lab Reagent Grade, Other Grades
3) By Production Technology: Diaphragm Technology, Membrane Technology, Mercury Cell Technology
4) By Application: Alumina, Pulp And Paper, Organic Chemical, Inorganic Chemical, Textile, Soap And Detergents, Water Treatment, Dye And Ink, Other Applications
The key trends in the caustic soda market are:
• Companies in the caustic soda market are showing a growing trend towards producing innovative, eco-friendly products.
• The development of reduced carbon caustic soda, which lessens environmental impact, is an emerging trend.
• The use of renewable sources of energy in production processes, especially in producing caustic soda, is becoming increasingly popular.
• Companies are enhancing sustainability in their operations, with a particular focus on reducing emissions in chemical manufacturing.
The key players in the caustic soda market are:
• BASF SE
• The Dow Chemical Co
• Saudi Basic Industries Corporation (SABIC)
• Oxy Chemical Corp
• INEOS Group Holdings S.A.
• Westlake Corp
• AGC Inc.
• Braskem SA
• Akzo Nobel N.V.
• Formosa Plastics Corporation
• Olin Corporation
• Tosoh Corporation
• Tata Chemicals Ltd
• Ercros S.A
• Hemadri Chemicals
• Gujarat Alkalies and Chemicals Ltd
• Vynova Group
• PetroNaft Co
• Meru Chem Pvt Ltd
• Basekim
Asia-Pacific was the largest region in the caustic soda market in 2024