Sodium Hydroxide Market Size Worth USD 72.18 Billion by 2034 | CAGR: 4.5%

The sodium hydroxide market size is expected to reach USD 72.18 billion by 2034, according to a new study by Polaris Market Research. The report “Sodium Hydroxide Market Size, Share, Trends, Industry Analysis Report: By Grade (Solid, 50% Aqueous Solution, and Others), Production Process, Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Sodium hydroxide, commonly known as caustic soda, is a strong alkaline chemical used in various industrial processes. These include manufacturing soap, paper, and chemicals, as well as in water treatment.

The sodium hydroxide market is growing due to increasing industrialization, especially in emerging economies. Industrial expansion boosts the demand for chemicals such as sodium hydroxide, which is essential in manufacturing processes across various industries. It is used in the production of chemicals, plastics, textiles, and detergents, which are crucial for many sectors. Growing industrial activities also increase the need for products such as paper, pulp, and water treatment, all of which rely on sodium hydroxide. The establishment of more production plants and technological advancements in manufacturing further contribute to market growth. Additionally, industries are adopting more efficient and sustainable chemical solutions, driving the demand for sodium hydroxide.

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The sodium hydroxide market is growing due to the expansion of the food industry. It is used in various food processing applications, such as producing food additives, soft drinks, and regulating pH levels. Sodium hydroxide also helps in peeling fruits and vegetables and in making certain processed foods. The rising demand for packaged and processed food worldwide increases the need for sodium hydroxide to maintain food safety and quality standards. The growth of the food industry, driven by population growth and changing consumer preferences, further boosts the demand for sodium hydroxide in food production.

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Sodium Hydroxide Market Report Highlights

• In 2024, the organic chemical within the application segment dominated the sodium hydroxide market due to its increasing use in the production of various types of plastics, such as polyvinyl chloride (PVC) and polycarbonate.
• The 50% aqueous solution segment is expected to witness the fastest growth during the forecast period due to its growing use as a chemical reactant in a wide range of industries such as pharmaceutical and textile.
• In 2024, North America dominated the sodium hydroxide market due to the expansion of the chemical industry in the region.
• Asia Pacific is expected to record a significant share during the forecast period due to growing industrialization in the region.
• The global key market players are Tata Chemicals Limited;, Olin Corporation, Occidental Petroleum Corporation, Solvay S.A., BASF SE; Akzo Nobel N.V., Brenntag North America Inc., Xinjiang Zhongtai Chemical Co. Ltd., Westlake Corporation, The Dow Chemical Company, Shandong Haihua Group Co. Ltd., Formosa Plastics Corporation, Ciech S.A., Gujarat Alkalies and Chemicals Ltd., and Aditya Birla Chemicals Limited.

Polaris market research has segmented the sodium hydroxide market report based on grade, production process, application, and region:

By Grade (Revenue USD Billion, 2020–2034)

• Solid
• 50% Aqueous Solution
• Others

By Production Process (Revenue USD Billion, 2020–2034)

• Membrane Cell
• Diaphragm Cell
• Others

By Application (Revenue USD Billion, 2020–2034)

• Biodiesel
• Alumina
• Inorganic Chemicals
• Organic Chemicals
• Food
• Pulp & Paper
• Soap & Detergent
• Textiles
• Water Treatment
• Others

By Regional Outlook (Revenue - USD Billion, 2020–2034)

• North America
  • US
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Australia
  • Rest of Asia Pacific
• Latin America
  • Argentina
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa
  • Rest of Middle East & Africa

Sodium Hydroxide Market Report Scope