Global Caustic Soda and Urea Market Growth 2022-2028

The global Caustic Soda and Urea market size is predicted to grow from US$ 112010 million in 2025 to US$ 137910 million in 2031; it is expected to grow at a CAGR of 3.5% from 2025 to 2031.

Sodium hydroxide is also known as caustic soda, caustic, and lye. Anhydrous (100%, solid) caustic soda has a chemical formula of NaOH and a molecular weight of 40.00.

Urea, also known as carbamide, is an organic compound with chemical formula CO(NH2)2. This amide has two –NH2 groups joined by a carbonyl (C=O) functional group. Urea serves an important role in the metabolism of nitrogen-containing compounds by animals and is the main nitrogen-containing substance in the urine of mammals. It is a colorless, odorless solid, highly soluble in water, and practically non-toxic. Urea is widely used in fertilizers as a source of nitrogen and is an important raw material for the chemical industry.

Both urea and caustic soda are bulk commodities, and there are many manufacturers of both. This report lists 50 manufacturers, including about 20 major manufacturers of urea and about 30 major manufacturers of caustic soda.

From the perspective of the number of enterprises in the industry, the concentration of producers in Europe and the United States are relatively high. But in China, there are many manufacturers of urea and caustic soda. In the urea industry, although the number of manufacturers in the Chinese market has been decreasing, from 175 in 2012 to about 90 at present, the number is still huge. As far as the caustic soda industry, as of now, there are still nearly 150 caustic soda enterprises in the China market. The large number of small and medium-sized enterprises leads to low industry concentration, serious product homogeneity and fierce competition.

Global key players of Caustic Soda and Urea include Yara, OCI, CF Industries, EuroChem and Olin Corporation, etc. Global top five manufacturers hold a share over 10%. Europe is the largest producer of Caustic Soda and Urea, followed by North America and China.

LP Information, Inc. (LPI) ' newest research report, the “Caustic Soda and Urea Industry Forecast” looks at past sales and reviews total world Caustic Soda and Urea sales in 2024, providing a comprehensive analysis by region and market sector of projected Caustic Soda and Urea sales for 2025 through 2031. With Caustic Soda and Urea sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Caustic Soda and Urea industry.

This Insight Report provides a comprehensive analysis of the global Caustic Soda and Urea landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Caustic Soda and Urea portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Caustic Soda and Urea market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Caustic Soda and Urea and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Caustic Soda and Urea.

This report presents a comprehensive overview, market shares, and growth opportunities of Caustic Soda and Urea market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Urea
Caustic Soda

Segmentation by Application:
Agriculture
Industrial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Yara
OCI
CF Industries
Nutrien
EuroChem
KOCH
QAFCO
Yangmei Chemical
Shanxi Tianze
China BlueChem
China XLX Fertilizer
China Coal Group
China National Petroleum Corporation
Hualu-hengsheng
Yuntianhua
Yuan Xing Energy
Sichuan Lutianhua
Hubei Yihua Chemical
Dow
OxyChem
Westlake
Olin Corporation
Formosa Plastics Corporation
Tosoh
INEOS Chemicals
Asahi Glass
Covestro
Shin-Etsu Chemical
Nobian
Hanwha Chemical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Caustic Soda and Urea market?

What factors are driving Caustic Soda and Urea market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Caustic Soda and Urea market opportunities vary by end market size?

How does Caustic Soda and Urea break out by Type, by Application?