The global caustic soda market was valued at USD 44,959.2 million in 2019 and is expected to grow to USD 55,557.7 million by 2027, registering a CAGR of 3.1% during the forecast period.
The global caustic soda market was valued at USD 44,959.2 million in 2019 and is expected to grow to USD 55,557.7 million by 2027, registering a CAGR of 3.1% during the forecast period. Asia Pacific emerged as the leading region, accounting for 56.23% of the total market share in 2019. Caustic soda serves as a fundamental raw material in the production of various essential products, including plastics, pharmaceuticals, and water treatment additives. It is produced through the electrolysis of sodium chloride solution using technologies such as diaphragm cells or membrane cells. Major end-use industries driving demand for caustic soda include pulp and paper, detergents, alumina, oil and gas, textiles, and chemicals. The increasing demand for caustic soda across diverse industries such as paper & pulp, textiles, chemicals, and water treatment is expected to fuel market expansion globally.