Caustic Soda Industry Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants to 2028
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Caustic Soda Industry Capacity & Capital Expenditure (Capex) Overview
The caustic soda industry capacity was 102.23 million tonnes per annum (mtpa) in 2023 and will increase at an AAGR of more than 1% from 2023 to 2028.
In 2023, China, the US, India, Germany, and Japan were the leading countries accounting for over 75% of the total caustic soda capacity. The high consumption of caustic soda in various sectors such as water treatment, metal processing, and domestic cleaning is driving the demand for caustic soda.
Caustic Soda Industry Capacity and Capex Outlook, 2023-2028 (mtpa)
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The caustic soda industry capacity and capex report outlook is a comprehensive report on all active and upcoming (planned and announced) caustic soda plants by region and country for the period 2018-2028. It provides global and regional capital expenditure outlook forecasts up to 2028. Furthermore, the report gives a comparative analysis of key companies based on their global capacity contribution.
Market Capacity 2023 | 102.23 Mtpa |
AAGR (2023-2028) | >1% |
Historical Period | 2018-2023 |
Forecast Period | 2023-2028 |
Key Regions | · Asia
· North America · Europe · Former Soviet Union (FSU) · Middle East · South America |
Key Projects | · Mundra Petrochem Mundra caustic soda Plant
· Taziz EDC and PVC Ruwais caustic soda Plant · PT Chandra Asri Perkasa Cilegon caustic soda Plant · Xinjiang Zhongtai Chemical Company Baicheng caustic soda Plant · Shintech Plaquemine caustic soda Plant 3 |
Leading Companies | · Westlake Corp
· Occidental Petroleum Corp · Sinochem Holdings Corp Ltd · Dow Chemical Co · Xinjiang Zhongtai Chemical Co Ltd |
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Caustic Soda Industry Capacity and Capex by Regions
Among regions, the key caustic soda industry capacity contributors include Asia, Europe, North America, the Middle East, FSU, and South America. Asia leads with the largest capacity contribution globally over the next five years, followed by North America and Europe. The high growth of the caustic soda market in Asia can be attributed to its increasing demand in sectors such as water treatment, metal pickling, paper & pulp, and soap & detergents.
Asia also accounts for the highest capex spending on caustic soda projects during 2024-2028. There are around 16 new build and expansion projects starting operations between 2024 and 2028 in the region.
Regional Caustic Soda Industry Capacity and Capex Analysis, 2023 (%)
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Caustic Soda Industry Capacity and Capex by Planned, and Announced Projects
A few of the top planned and announced caustic soda projects are Mundra Petrochem Mundra caustic soda Plant, Taziz EDC and PVC Ruwais caustic soda Plant, PT Chandra Asri Perkasa Cilegon caustic soda Plant, Xinjiang Zhongtai Chemical Company Baicheng caustic soda Plant, and Shintech Plaquemine caustic soda Plant 3 among others.
India-based Mundra Petrochem Mundra caustic soda Plant, operated by Mundra Petrochem Ltd. is expected to start operations by 2027, with a capacity of 1.30 mtpa. This plant will generate caustic soda as the byproduct while producing PVC from coal.
Top Caustic Soda Industry Capacity and Capex Projects, 2024-2028 (%)
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Caustic Soda Industry Capacity and Capex - Competitive Landscape
The leading caustic soda producers are:
- Westlake Corp
- Occidental Petroleum Corp
- Sinochem Holdings Corp Ltd
- Dow Chemical Co
- Xinjiang Zhongtai Chemical Co Ltd
Westlake Corp had the largest active caustic soda capacity globally in 2023. The major capacity contribution was from “Westlake Chemical Corporation Lake Charles caustic soda Plant”.
Leading Companies by Caustic Soda Capacity Contribution, 2023 (%)
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Key Segments Covered in the Report
Caustic Soda Industry Capacity Contribution Regional Outlook (Capacity, mtpa, 2018-2028)
- Asia
- Europe
- North America
- Middle East
- Former Soviet Union (FSU)
- South America
Scope
The report provides information about:
- The global caustic soda industry capacity outlook by region
- The global caustic soda outlook by country
- The caustic soda industry planned and announced project details
- The capacity share of the major caustic soda producers globally
- The global caustic soda capital expenditure outlook by region
- The global caustic soda capital expenditure outlook by country
Reasons to Buy
- Obtain the most up-to-date information available on all active, planned, and announced caustic soda plants globally.
- Identify opportunities in the global caustic soda industry with the help of upcoming projects and capital expenditure outlook.
- Facilitate decision-making based on strong historical and forecast caustic soda capacity data.
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Frequently asked questions
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What was the caustic soda industry capacity in 2023?
The caustic soda industry capacity was 102.23 mtpa in 2023.
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What will the caustic soda industry capacity growth be during 2023-2028?
The caustic soda industry capacity is expected to increase at an AAGR of more than 1% during 2023-2028.
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Which region accounted for the highest caustic soda industry capacity and capex contribution in 2023?
Asia had the largest capacity contribution globally in 2023 and will continue to do so over the next five years.
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Which country accounted for the highest caustic soda industry capacity and capex share in 2023?
Among the key countries, China accounted for the largest capacity contribution globally in 2023 primarily driven by the expansion of the textile industry in the country.
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Which are the leading caustic soda industry producers?
Westlake Corp, Occidental Petroleum Corp, Sinochem Holdings Corp Ltd, Dow Chemical Co, and Xinjiang Zhongtai Chemical Co Ltd among others are the leading caustic soda producers.
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