세계의 가성소다 시장, 수요 분석 : 지역별, 용도별, 예측(-2034년)

In 2024, the global caustic soda market stood at around 90.5 million tons and since 2018, the market has grown at an average annual rate of ~2%, and this momentum is estimated to strengthen slightly, with a projected CAGR of 2.8% through 2034. The market is forecast to surpass 116 million tons by 2034, driven by rising industrialization, expanding end-use sectors, and increasing production capacities, particularly in Asia-Pacific.

Caustic soda, also known as sodium hydroxide (NaOH), is a white ionic compound primarily produced as a by-product of chlorine through the Chlor-alkali process. In this process, sodium chloride (NaCl) is electrolyzed to produce chlorine as the main product and caustic soda as the secondary product. The two together are commonly referred as Chlor-alkali. Membrane cell technology is the predominant method used in production, while diaphragm cell technology is also commercially employed.

Caustic soda serves a broad range of applications, with alumina production accounting for major share at ~20%. Other major uses include organic chemicals, food processing, soaps and detergents, textiles, water treatment, and steel/metallurgy (sintering). Asia Pacific dominates the demand for caustic soda, followed by North America and Western Europe..

Manufacturing Capacity of Caustic Soda

By 2034, global caustic soda production capacity is estimated to cross 130,000 kilo tons, driven largely by expansions in the Asia Pacific to meet rising demand from downstream industries. Currently, Asia Pacific holds ~60% of the total global caustic soda capacity, followed by North America at ~16%. The remaining capacity is spread across Western Europe, Central & Eastern Europe, Latin America, and the Middle East & Africa.

Asia Pacific and North America together accounted for more than 70% of global demand. Within Asia Pacific, China leads consumption, followed by Japan, South Korea, and India. The region's demand is estimated to surpass 77,500 kilo tons by 2034. In North America, demand was 11,500 kilo tons in 2024 (13% of global demand), forecast to grow at a CAGR of 1.5%, reaching 13,350 kilo tons by 2034. The United States dominates regional demand with 85%, followed by Mexico and Canada (each around 7.4%). The U.S. also leads global exports, averaging over 5,000 kilo tons annually between 2018 and 2022 a volume estimated to be sustained.

China dominates global caustic soda capacity, contributing ~45% of the global total. The country is home to several leading producers with individual capacities exceeding 1,000 kilo tons, including Tangshan Sanyou Chlor-alkali Co., Inner Mongolia Junzheng Chemical Co., Ltd., Inner Mongolia Zhonggu Mining Co., Ltd., Shingpu Chemicals Ltd., Jiangsu Meilan, Shaanxi Beiyuan Chemical Industry Group Co., Dongying Huatai Chemical Group, Xinjiang Zhongtai Chemical Industry, and Weifang Yaxing Chemical Co. Ltd. Key international markets for Chinese caustic soda include Australia which alone imported around 450 kilo tons in 2024 followed by Indonesia, Vietnam, the Philippines, Singapore, and Brazil.

Recent Market Developments

• Shintech Inc. (Shin-Etsu) is expanding its Plaquemine, Louisiana plant from 1,157 kilo tons by an additional 730 kilo tons in two phases, with the first phase completed in early 2022 and the second in early 2024, bringing total capacity to 1,883 kilo tons.
• In Brazil, Unipar Carbocloro operates a 400 kilo tons plant and a 180-kilo ton plant in Santo Andre, which will be expanded to 212 kilo tons by 2024. The company also plans to start a new 11 kiloton facility in Bahia in 2025. Its Pilar mercury cell plant is being expanded from 186 kilo tons to 198 kilo tons.

Caustic Soda Applications Overview

Alumina production dominates the global caustic soda market, accounting for 21% of total demand due to its critical role in aluminum manufacturing. Caustic soda is a key reagent in the Bayer process, which extracts alumina from bauxite ore. Caustic soda is essential in alumina extraction, with global alumina production reaching 140 million tons in 2022, up 1.1% from the previous year. Alumina is primarily used in transportation, building & construction, and packaging industries. Increasing demand for aluminum, especially in automotive applications where it helps reduce emissions and improve performance, will further drive caustic soda demand.

Organic and inorganic chemicals together consume about 26% of caustic soda. Food processing and pulp & paper industries account for 18%, while textiles, soaps & detergents, water treatment, petroleum refining, and other applications make up the remaining 35%.

Table of Contents

1. Introduction

• Scope
• Market Coverage
  • Application
  • Regions
  • Countries
• Years Considered
  • Historical - 2018 - 2023
  • Base - 2024
  • Forecast Period - 2025 - 2034
• Research Methodology
  • Approach
  • Research Methodology
  • Prismane Consulting Market Models
  • Assumptions & Limitations
  • Abbreviations & Definitions
  • Conversion Factors
  • Data Sources

2. Market Synopsis

• Market Evolution
• Demand-Supply Overview
• Industry Structure
• Strategic Issues
• End-use Trends
• Growth Forecast

3. Economic & Energy Outlook

• GDP and Demographics
• Monetary & Fiscal Policies
• Crude Oil Production and prices
• Natural Gas
• Electricity Prices

4. End-use Sector Performance

• Pulp & Paper
• Chemical
• Food & Beverages
• Textiles
• Water Treatment
• Industrial
• Personal Care
• Others

5. Capacity (Plants & Projects) Analysis

• Capacity, by Company
• Capacity, by Country and by Region
• Capacity Overview, By Region and Country

6. Introduction to Caustic Soda and Market Overview

• Product Description
• Grades & Properties
• Raw Material
• Manufacturing Process
• Environmental Issues
• Value Chain
• Applications

7. Market Dynamics and Industry Trends

• Market Dynamics
  • Drivers
  • Restraints
  • Opportunities
  • Challenges

8. Global Caustic Soda Demand-Supply Analysis, By Application (Volume, Value) (2018 - 2034)

• Strategic Issues
• Demand-Supply Analysis and Forecast (2018 - 2034)
  • Capacity
  • Capacity Utilization (%)
  • Production
  • Imports
  • Exports
  • Net Exports
  • Demand
  • Demand Growth Rate (%)
  • Driving Force Analysis
  • Global Caustic Soda Market, By Application
• Pulp & Paper
• Alumina
• Soaps & Detergents
• Inorganic Chemicals
• Organic Chemicals
• Food
• Textiles
• Water Treatment
• Metal Processing & Mining
• Others

9. Demand-Supply Analysis and Market Review, By Region, By Country (Volume, Value), (2018 - 2034)

• Strategic Issues
• Capacity
• Capacity Utilization (%)
• Production
• Imports
• Exports
• Net Exports
• Demand
• Demand Growth Rate (%)
• Caustic Soda Market, By Application

Note: Demand-Supply Analysis has been provided for all major Regions / Countries as mentioned below. The demand (consumption) split by application has been provided for each of the countries / regions in Volume (Kilo tons) and Value (USD Million).

• North America
• USA
• Canada
• Mexico
• Western Europe
• Germany
• France
• Italy
• United Kingdom
• Spain
• Rest of Western Europe
• Central & Eastern Europe
• Russia
• Poland
• Rest of Central & Eastern Europe
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Rest of Asia-Pacific
• Central & South America
• Middle East & Africa

Note: CAGR will be calculated for all the application to arrive at the regional / global Demand-Supply growth for the forecast period (2025 - 2034)

10. Pricing Analysis

• Average Caustic Soda Prices, USD/Kg
• Average prices, by region
• Price Forecast

11. Key Strategic Issues

12. Business Opportunity Assessment

• Market Attractiveness Assessment
• Prospective & Target Market Study

13. Strategic Recommendation & Suggestions

14. Company Analysis

• Caustic Soda Manufacturers Profiles/ Company Analysis
  • Basic Details
  • Headquarter, Key Markets
  • Ownership
  • Company Financial
  • Manufacturing Bases
  • Global Turnover
  • Total Employee
  • Product Portfolio / Services / Solutions
  • Key Business Strategies adopted and Prismane Consulting Overview
  • Recent Developments
  • Companies Covered -
• AkzoNobel N.V
• Reliance Industries Limited
• Occidental Petroleum Corporation
• Formosa Plastics Group
• Axiall Corporation
• Bayer Material Science AG
• INEOS ChlorVinyls
• ATP Group
• The National Titanium Dioxide Company (CRISTAL)
• Other Manufacturers

Note: This section includes company information, company financials, manufacturing bases and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.

15. Appendices

• Demand-Supply - Regions
• Demand-Supply - Countries
• Capacities, 2018-2034