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Global Caustic Potash OR Potassium Hydroxide (KOH) Market Expected To Grow At A CAGR Of 1.1%

The global caustic potash market is expected to grow at a CAGR of approximately 1.1% from 2015 to 2019. Geographically, North America is the largest producer of caustic potash accounting for the vast majority of the global production, followed by Asia Pacific and Europe. The Asia Pacific region is the largest consumer of caustic potash in the world, accounted for nearly half of global consumption in 2014.
Caustic potash is also called potassium hydroxide, and is an inorganic alkaline compound with chemical formula KOH. Caustic potash is a strong alkali, is an important raw material for the production of many industrial chemicals, such as potassium chloride, detergents, fertilizers, etc. It is manufactured industrially by the electrolysis of potassium chloride and water solution.
On the basis of applications, the potassium carbonate manufacturing industry occupies the largest market share accounting for more than half of the market share, followed by potassium phosphates, soaps and detergents, liquid fertilizers and agriculture chemicals. Other applications of caustic potash include the manufacturing of potassium chemicals (acetates, permanganates, cyanides and citrates), batteries, neutralization agents, etc.
Some of major players in the global Caustic Potash market include Unid Co, Erco Worldwide (USA) Inc., Olin Chlor Alkali Products, Tessenderlo Chemie NV, Occidental Chemical Corporation, Sigma-Aldrich Co. LLC, Cheng Du Chemical Co., Ltd. and Chengdu Huarong Chemical Company Limited.
Global Caustic Potash OR Potassium Hydroxide (KOH) Market Size Analysis, Growth Rate, 2012-2019

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Joanna | Executive – International Business and partner Relations
E-mail: [email protected] | Tel: 1-510-400-8520
Web: www.gosreports.com
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Joanna | Executive - International Business and partner Relations
E-mail: [email protected] 
Tel: 001-510-400-8520
Web: www.gosreports.com