Global Caustic Soda and Urea Market Growth 2023-2029

Global Caustic Soda and Urea Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Caustic Soda and Urea Industry Forecast” looks at past sales and reviews total world Caustic Soda and Urea sales in 2022, providing a comprehensive analysis by region and market sector of projected Caustic Soda and Urea sales for 2023 through 2029. 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.

The global Caustic Soda and Urea market size is projected to grow from US$ 91780 million in 2022 to US$ 116980 million in 2029; it is expected to grow at a CAGR of 116980 from 2023 to 2029.

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.

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.

Market Segmentation:

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 analyzing 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 type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.