Global Sodium Hydroxide
Market Report
2024
Sodium Hydroxide market size is projected to grow from 40.13 USD Billion in the year 2022 to 58.96 USD Billion by 2029 at a CAGR of 4.36% from 2021-2029.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The Sodium Hydroxide market size is projected to grow from 40.13 USD Billion in the year 2022 to 58.96 USD Billion by 2029 at a CAGR of 4.36% from 2021-2029.
In terms of revenue, Membrane Grade Caustic Soda was the leading segment with 59.83% Share of Total Sodium Hydroxide Market.
Asia Pacific was the dominated region with 32.12% of total revenue market share in 2021.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Sodium Hydroxide Market Sales Revenue 2022 | $ 40.13 Billion |
Global Sodium Hydroxide Market Sales Revenue 2029 | $ 58.96 Billion |
Global Sodium Hydroxide Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.36% |
Market Split by Production Process |
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Market Split by Application |
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Market Split by End-User |
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Market Split by Industrial Verticals |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Sodium Hydroxide Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Sodium hydroxide, also known as caustic soda and lye is a solid white crystal substance with no smell. It is caustic in nature and has the ability to absorb water from the environment.
Sodium Hydroxide Market Driving Factors
Growing Demand for Sodium Hydroxide from Application Industry
Sodium hydroxide is used in a wide array of industries for the manufacturing of a diverse range of products including soaps, paper, rayon, petroleum products, and dyes. It is also used for the processing of the cotton fabric, oxide coating, metal cleaning and processing, electroplating, and electrolytic extraction among others.
Sodium hydroxide is used as a solid or as 50% w/w aq. solution. 50% w/w aq. solution of sodium hydroxide is commonly employed as a chemical reactant or neutralization agent in a wide array of industries including chemical, pharmaceutical, and textile among others which is driving the growth of the sodium hydroxide market.
Thus, the growing demand for sodium hydroxide in the application industry is driving the growth of the market. For instance, sodium hydroxide is used for the manufacturing of several types of medicine including common pain relievers (aspirin), anticoagulants, and cholesterol-reducing medications. With the growing demand for this pharmaceutical product, the demand for sodium hydroxide also increased simultaneously driving the growth of the market.
Intensified Demand of sodium hydroxide from Aluminium Industry
The demand for aluminium is expected to reach new highs after COVID-19 due to increasing consumer focus on sustainability and swelling demand from the industries such as electricity, transport, packaging, construction, and renewable energy sector. Sodium hydroxide is used for aluminium extraction. Thus, the growing demand for aluminium is expected to drives the growth of sodium hydroxide.
Sodium Hydroxide Market Restrain Factors
Heath Risk and Regulatory Parameter Associated with Sodium Hydroxide
Sodium hydroxide is highly corrosive in nature to all body tissues and is associated with a few harmful effects including temporary hair loss, and burning of the eyes, skin, and inner membranes.
Moreover, it also potential to react violently with strong acids and with water. The reaction of sodium hydroxide with the moisture from the air may result in the generation of heat which can be sufficient to cause a fire if it is in near flammable materials. Thus, several authorities have derived the workplace air exposure limits to NaOH in the air. For instance,
Thus, the risk of exposure to workers and associated personnel and accompanying regulations with sodium hydroxide may hinder the growth of the market.
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The market players have a keen focus on offering high-quality grade products and on the expansion of their production capacity. Further several players are also involved in business development and expansion activities including mergers, collaboration, acquisitions and partnerships.
News Section
Chemfab Alkalis enhance caustic soda capacity
Without making any new expenditures, Chemfab Alkalis Limited has received consent to operate (CTO) to increase the capacity of caustic soda lye from the current capacity of 56,575 TPA to 65,700 TPA.
Top Companies Market Share in Sodium Hydroxide Industry: (In no particular order of Rank)
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Global Sodium Hydroxide Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Sodium Hydroxide Industry growth. Sodium Hydroxide market has been segmented with the help of its Production Process, Application End-User, and others. Sodium Hydroxide market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Quality management is the major parameter to meet specific standards and specifications, reliability and consistency. The chemical and material industry is full of various types of chemicals and it is necessary to focus on quality management because it may affect environment & other equipment. Raw materials plays an important role in this industry. The chemical industry converts these raw materials into primary, secondary, and tertiary products. Fluctuations in raw material prices may impact the market growth in the near future. This study includes the revenue generation of each type in each region for the year 2019 to 2031. Additionally it also provides detailed supply chain analysis along with current trends in the market which are expected to propel the market growth in the coming year.
Production Process of Sodium Hydroxide analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Sodium Hydroxide Industry. Request a Free Sample PDF!
Based on the production process, the market is segmented as Diaphragm Grade Caustic Soda and Membrane Grade Caustic Soda of which Membrane Grade Caustic Soda holds the maximum market share of the sodium hydroxide market in 2021. Membrane Grade Caustic Soda is generally clearer in appearance and consists of an overall lower level of impurities as compared to Diaphragm Grade material. Moreover, Membrane Grade Caustic Soda is more energy efficient, environmental friendliness, and provides higher purity of product, thus are widely and more commonly used production process for sodium hydroxide and thus has a comparatively higher market share.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Sodium Hydroxide market report 2024 Edition by contacting our team.
Asia Pacific region is estimated to have the highest market share and CAGR owing to the rapid industrialization resulting in the increasing demand for sodium hydroxide from several industrial verticals.
China is dominating the Asia pacific region with the highest market share of around 48.65% followed by India which is expected to be 31.58% in 2021.
The current report Scope analyzes Sodium Hydroxide Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
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Production Process | Liquid Form, Solid Form (Pellets) |
Application | Cleaning Agent, Catalyst, Additive |
End-User | Diaphragm Grade Caustic Soda, Membrane Grade Caustic Soda |
Industrial Verticals | Paper and Pulp Industry, Food, Soap and Detergent, Textile, Water Treatment, Organic Chemical, Inorganic chemical, Pharmaceutical, Others |
List of Competitors | The DOW Chemical Company, BASF SE, Ciech S.A., Gujarat Alkalies and Chemicals Limited, Kemira Chemicals Inc., Shandong Haihua Group Co. Ltd., INEOS Newton Aycliffe Ltd., Solvay Chemicals, Tokuyama Corporation, Formosa Plastics Corp., Aditya Birla Chemicals (India) Limited, Saudi Arabia Basic Industries Corporation, Shin-Etsu Chemical Co. Ltd., Tata Chemicals Ltd., LG CHEM LTD., PPG Industries, Bayer AG, Axiall LLC, Solvay SA, Hanwha Chemical Corporation, Shin-Etsu Chemical Co., Occidental Chemical Corporation |
This chapter will help you gain GLOBAL Market Analysis of Sodium Hydroxide. Further deep in this chapter, you will be able to review Global Sodium Hydroxide Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
Chapter 2 North America Market Analysis
Executive Summary North America Market (2019 vs 2024 vs 2031)
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Sodium Hydroxide Market Trends North America Sodium Hydroxide Technological Road Map North America Sodium Hydroxide Market Drivers North America Sodium Hydroxide Market Restraints North America Sodium Hydroxide Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia-Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Production Process Analysis 2019 -2031, will provide market size split by Production Process. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Production Process Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by End-User Analysis 2019 -2031
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Chapter 13 Market Split by Industrial Verticals Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Sodium Hydroxide market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Liquid Form have a significant impact on Sodium Hydroxide market? |
What are the key factors affecting the Liquid Form and Solid Form (Pellets) of Sodium Hydroxide Market? |
What is the CAGR/Growth Rate of Cleaning Agent during the forecast period? |
By type, which segment accounted for largest share of the global Sodium Hydroxide Market? |
Which region is expected to dominate the global Sodium Hydroxide Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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