The report on Caustic Soda Market by application (alumina, detergents, food, inorganic, organic chemicals,
pulp & paper, soaps) trends analysis and forecasts up to 2023 studies the market sizes, key trends and
opportunities in the main geographies such as North America, Europe, Asia-Pacific, Rest of the World.
According to the report the Global Caustic Soda Market is projected to grow at a CAGR of 4.8% in terms of
value over the period of 2017-2023. The growth in the world market is primarily driven by significant
contribution by North America (Leading region) region to this market.
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Market Insights
Caustic soda garners a share of more than 40% among the inorganic chemicals in terms of volume of
consumption worldwide. Demand from the organic chemicals industries account for a significant portion of
the volume of caustic soda market. The increasing demand from end user industries such as pulp, paper, and
textiles is expected to the drive the growth of the global caustic soda market. The increasing demand for
alumina from the automobile industry is boosting the growth of the global caustic soda market during the
estimated period.
Owing to the stringent regulations opted by governments in various countries for many industries for the
environmental harm caused by the highly corrosive as well as reactive traits of caustic soda is a major
restraining factor hampering the growth of the global caustic soda market. The prospects of global caustic
soda market depend on the demand for chlorine, as caustic soda is a co-product obtained during the chlorine
manufacturing process. The lower demand for chlorine from PVC manufacturing industry is expected to
influence the volume of production of the caustic soda during the forecast period. As production of caustic
soda involves higher power consumption, market growth is expected to face a major challenge of higher