Bulk Chemical and Fertilizer | Feb 2020
India Caustic Soda Market: Plant Capacity, Production, Operating Efficiency, Process, Demand & Supply, End Use, Application, Sales Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030
The Caustic Soda demand in India grew at a CAGR of 5 to 6 per cent during 2015-2020 and is projected to witness robust growth during the forecast period. Caustic soda is an inorganic bulk chemical which is soapy in touch, strongly alkaline and odorless that finds application in various fields like pulp and paper manufacturing, viscose yarn, staple fibre, aluminium, textiles, soaps & detergent, dyestuffs, drugs and pharmaceuticals, petroleum refining etc. Increasing demand from the textile and alumina sectors due to rising investments in these sectors by the Government of India is likely to drive the overall Caustic Soda demand in the country. Robust growth of India’s textile industry which is anticipated to reach $82 billion by 2021 will drive the growth of Chlor-Alkali Industry in India.
India is surplus in Caustic Soda production volumes with most of the plants operating at around 85% efficiency. However, increase in cheaper imports has forced the domestic manufacturers to curtail their margins predominantly due to high input and logistics costs involved within the country. Although disruptions in overseas trade and nationwide lockdown weighed on the overall Caustic Soda consumption in Q4 2020, strengthened Caustic Soda demand from hand wash and soaps manufacturing industries supported the industry outlook during the Coronavirus outbreak. In addition to that, extension of Anti-Dumping Duty on the imports of Caustic Soda from U.S. and Saudi Arabia, as per the petition filed by the Alkali Manufacturers' Association of India (AMAI) in 2017 has given a strong boost to the domestic Caustic Soda Industry.
Moreover, major players venturing into expansion of Caustic Soda capacities have further contributed to widening the expanse of the sector in the domestic market. One of the major projects in the sector includes that of GACL-NALCO Alkalies and Chemicals Private Limited (GNAL) Caustic Soda plant which is expected to start production by 2021. The company has been planning to set up an 800 tonnes per day grassroot Caustic Soda plant in Dahej which will produce around 2.7 lakh tonnes of Caustic Soda per annum.
With new capacity additions to meet the growing demand from textile and alumina sector, the Caustic Soda industry in India is likely to witness robust growth in western region of the country due to rise in number of pulp and paper mills and textile industries, thereby fueling its overall demand.
Years Considered for this Report:
Historical Years: 2015 – 2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022 – 2030
Objective of the Study:
• The primary objective of the study was to evaluate and forecast Caustic Soda capacity, production,
demand, inventory, and demand – supply gap in India.
• To categorize Caustic Soda demand based on end use, region and sales channel.
• To study trade dynamics and company share in India Caustic Soda market.
• To identify major customers of Caustic Soda in India.
• To evaluate and forecast Caustic Soda pricing in India Caustic Soda market.
• To identify and profile major companies operating in India Caustic Soda market.
• To identify major news, deals and expansion plans in India Caustic Soda market.
Some of the major players operating in India caustic soda market are Grasim Industries Limited, DCM Shriram Consolidated Limited, Gujarat Alkalies and Chemicals Limited, Nirma Limited, Meghmani Organics Limited., etc.
To extract data for India caustic soda market, primary research surveys were conducted with caustic soda manufacturers, suppliers, distributors, wholesalers and end users. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various end user segments and projected a positive outlook for India caustic soda market over the coming years.
ChemAnalyst calculated India caustic soda demand analyzing the historical data and demand forecast was carried out considering the raw material prices and mapping the production capacity of caustic soda manufacturing units. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Caustic Soda manufacturers, suppliers and other stakeholders
• Organizations, forums and alliances related to Caustic Soda distribution
• Government bodies such as regulating authorities and policy makers
• Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as caustic soda manufacturers, distributors and industry policy makers. The report also provides useful insights about which market segments should be targeted over the coming years to strategize investments and capitalize on growth opportunities.
In this report, the India Caustic Soda market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market, by End Use
Paper & Pulp, Petroleum, Chemical Production & Others
Market, by Application
Aluminia, Soap & Detergents, Food, Textile, Metal Processing & Others.
Market, by Sales Channel
Direct/Institutional Sales, Retail Sales, Other Channel Sales
Market, by Region
North, West, East and South
Competition Outlook: Outlook of leading 10 players based on product portfolio, market pricing, average selling price, sales footprint, etc.
Company Profiles: Detailed analysis of the major companies operating in the India Caustic Soda market.
With the given market data, ChemAnalyst offers customizations according to a company’s specific needs.
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