Caustic Soda Market Size To Reach $71.0 Billion By 2033

Caustic Soda Market Growth & Trends

The global caustic soda market size is estimated to reach USD 71.0 billion by 2033, registering a CAGR of 4.7% from 2025 to 2033, according to a new report by Grand View Research, Inc. Escalating demand across various industries such as textile, pulp & paper, organic chemicals, etc. is expected to strengthen the market growth. Rising demand for alumina in automobile industry especially in Asia Pacific is considered to stimulate the market growth.

Fluctuating prices due to high energy consumption and uneven production rates is likely to limit the market growth. Chlorine production is also expected to influence the caustic soda market as it is co-produced with chlorine.

The textile segment dominated the global market in 2024, demand for high-quality textiles, driven by consumer preferences for better fabric quality and vibrant colors, has led to an increased consumption of caustic soda in the industry. Textiles are expected to emerge as the leading application over the forecast period.

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Caustic Soda Market Report Highlights

• Asia Pacific dominated the global market with demand share exceeding 57.3% in 2024. Burgeoning textile as well as pulp & paper industry particularly in China and India is likely to drive the regional market.

• North America and European markets are expected to witness moderate growth on account of market maturity levels.

• By application, the textiles based caustic soda segment dominated the market with a revenue share of 18.2% in 2024, due to its crucial role in various stages of textile processing, including scouring, bleaching, and dyeing.

• The soaps and detergents based caustic soda segment is steadily growing with a CAGR of 5.3% over the forecast period, due to its crucial ingredient in saponification, where fats and oils are converted into soap.

Caustic Soda Market Segmentation

Grand View Research has segmented the global caustic soda market based on application, and region:

Caustic Soda Application Outlook (Revenue, USD Billion; Volume, Kilotons, 2018 - 2033)

• Alumina

• Inorganic Chemicals

• Organic Chemicals

• Food, Paper & Pulp

• Soaps & Detergents

• Textiles

• Water Treatment

• Steel/Metallurgy- Sintering

• Other

Caustic Soda Regional Outlook (Revenue, USD Billion; Volume, Kilotons, 2018 - 2033)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • Italy

  • France

  • UK

  • Spain

• Asia Pacific

  • China

  • India

  • Japan

  • South Korea

• Latin America

  • Brazil

  • Argentina

• Middle East & Africa

  • Saudi Arabia

  • South Africa

List of Key Players in the Caustic Soda Market

• Dow

• Olin Corporation

• Westlake Corporation

• Occidental Petroleum Corporation

• Formosa Plastics Corporation

• Tata Chemicals Ltd.

• Shin-Etsu Chemical Co., Ltd.

• Solvay

• Grasim Industries Limited

• SABIC

• Covestro AG

• Hanwha Group