PUBLISHER: KBV Research | PRODUCT CODE: 1461745
PUBLISHER: KBV Research | PRODUCT CODE: 1461745
The North America Caustic Soda Market would witness market growth of 4.9% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 13,239.6 Kilo Tonnes, showcasing a growth of 4.1% (2019-2022).
This chemical (sodium hydroxide, NaOH) finds extensive applications in organic chemical processes due to its strong alkaline nature and reactivity with various compounds. One major application is in the production of various organic chemicals such as surfactants, detergents, and soaps. In this context, this chemical is used as a key ingredient in the saponification process, where it reacts with fatty acids or triglycerides to produce soaps and glycerol. Therefore, the US market used a total of 2,777.7 Kilo Tonnes of this chemical in Organic Chemical processes in 2022.
The US market dominated the North America Caustic Soda Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $9,961.9 million by 2030. The Canada market is experiencing a CAGR of 7.2% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6.3% during (2023 - 2030).
The Nelson Diaphragm cell process is on of the several methods for producing caustic soda through electrolysis. In this process, a diaphragm separates the anode and cathode compartments to prevent mixing chlorine gas and sodium hydroxide. Loewig's process is a variation of the Castner-Kellner process that also uses a diaphragm to separate the anode and cathode compartments. This process helps to reduce the contamination of the sodium hydroxide solution with chlorine gas, resulting in a purer product. The use of a diaphragm in Loewig's process improves the efficiency of the electrolysis process and produces higher-quality chemical.
One of the principal applications of this chemical is in the production of diverse chemicals. It is a key ingredient in producing plastics, soaps, detergents, and dyes. In the chemical industry, this chemical is used in neutralization, saponification, and hydrolysis processes. Its ability to react with fats and oils makes it an essential component in producing soaps and detergents, where it is used to break down these substances into more soluble forms.
Mexico, like many other regions, is increasingly focusing on improving its water treatment infrastructure to address water quality issues and meet the growing demand for clean water. The Mexican government's investments in infrastructure development, including water treatment plants and pipelines, are further driving the demand for this chemical. According to Mexico's National Water Commission (Comision Nacional de Agua or CONAGUA), Mexico has ten major rivers, more than 180 dams, and 4,820 small reservoirs. The nation also has a total of 984 potable water treatment plants, 2,540 municipal wastewater treatment plants, and 3,144 industrial wastewater treatment plants. Therefore, the region presents lucrative growth opportunities for the market.
Based on Application, the market is segmented into Organic Chemical, Inorganic Chemical, Alumina, Pulp & Paper, Soap & Detergent, Water Treatment, and Others. Based on Production Process, the market is segmented into Membrane Cell, Diaphragm Cell, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
North America Caustic Soda Market Report Segmentation
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Production Process
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)