Global Industry Analysis

Caustic potash is another name for the liquid inorganic chemical potassium hydroxide (KOH). The reaction of sodium hydroxide with impure potassium yields KOH in its pure form. Lye is the name of one of the chemicals, potassium hydroxide, which has the chemical formula KOH. It has extremely high alkalinity, which is determined by the pH scale. It is sold as solid, translucent pellets because of its hygroscopic tendency, which makes it exceedingly sticky in air.

It carries away the excess heat when dissolved in water, making the reaction exothermic. KOH is a strong base used in special applications. Potassium hydroxide is found in cleaning products and is used in industry and in medical diagnostics. It also serves as a complementary medicine product.

Click on Sample Report Link:  https://www.persistencemarketresearch.com/samples/4649

Its main applications are in the manufacture of soap, petroleum refining and the fertilizer industry, among others. Many potassium salts like permanganates, carbonates, phosphates are produced by neutralization reactions with KOH. Potassium hydroxide is used as a direct intermediate in the manufacture of a variety of chemicals including potassium cyanide, aluminate, formate, fluorosilicate, borohydride, bromate, bromide, gluconate, manganate, oleate, titanate, laurate, etc. Other uses include electroplating, herbicides, greases, Catalysts, drugs and alkaline electrolyte batteries.

Some dermatologists use KOH to diagnose fungal infections in the skin, hair, and nails. When misused, potassium can cause a number of adverse effects including physical damage to eyes, skin, etc. Environmental damage to aquatic life is caused when KOH is disposed of in water bodies. NaOH is another chemical that has almost similar properties to KOH.

They are caustic, corrosive and very dangerous. Both chemicals are used interchangeably for a number of applications, although NaOH is preferred and widely used in industry due to its low cost. However, KOH finds its uses in household and household applications. It is also used in petroleum and natural gas refining to remove organic acids and sulfur compounds.

The key factor driving KOH market growth is its use in household products and in fertilizers. The world is facing an ever increasing population and hence household products are used continuously which is one of the main drivers of the KOH market. Another driving factor is its use in fertilizers. With the growing demand for food, the fertilizer market is expanding and also causing the growth of the KOH market. The hazardous effects of KOH on health and also on the environment are important restraining factors for its market.

The key segments for the KOH industry are Europe, Asia Pacific, North America and the Rest of the World (RoW). The Asia-Pacific region accounts for more than half of the demand for potassium hydroxide and this trend is expected to continue in the coming years. India and China are one of the largest economies in terms of population and are expected to dominate the market in terms of demand.

North America follows Asia Pacific as the second largest user of KOH, followed by Europe and then RoW. The emerging economies in the rest of the world are expected to offer tremendous growth opportunities, particularly in Latin American countries. Demand for Potassium Hydroxide in Russia and the Eastern European region is also expected to see huge demand during the forecast period.

Major companies producing potassium hydroxide include The Mosaic Company, Armand Products, ICL Fertilizers, Occidental Chemical Cooperation, Potash Corp. and Qinghai Salt Lake Potash Company Limited. These companies not only manufacture KOH but also other chemicals that use potassium and potassium hydride as an intermediate. Moist from them make fertilizers that use KOH as one of the main chemicals.

Click on the link for a customized report:  https://www.persistencemarketresearch.com/request-customization/4649

Key regions assessed in this report are:

  • North America
    • US
    • Canada
  • Europe
    • France, Germany, Italy, Spain and Great Britain
    • Eastern Europe
    • CIS
  • APAC
    • China
    • India
    • Japan
    • Australia
    • Other
  • Latin America
    • Argentina
    • Brazil
    • Other

Main features of this report

  • Drivers, restraints, and challenges shaping Potassium Hydroxide Market dynamics
  • Latest innovations and major events in the industry
  • Analysis of the business strategies of the top players
  • Potassium Hydroxide Market Estimates and Forecasts (2015-2021)

Click on the link to pre-book the report:  https://www.persistencemarketresearch.com/checkout/4649

About us:

Persistence Market Research works as an outside research organization through an exclusive amalgamation of market research and data analysis to help companies thrive regardless of the turmoil they face due to financial/natural crises.

Contact us:

persistence market research

Address – 305 Broadway, 7th Floor, New York City,

NY 10007 United States

US Ph. – +1-646-568-7751

US-Canada Toll Free – +1 800-961-0353

Sales – sales@persistencemarketresearch.com