Press Releases

Global Caustic Potash Market to Reach 2.7 Million Tons by 2024

Expert Market Research Thumbnail Image

"Caustic potash, also known as potassium hydroxide, represents a widely-used inorganic compound with the chemical formula KOH. It is white in colour, odourless, non-flammable as well as non-volatile at room temperature."

The structure of caustic potash consists of an ionic bond between the potassium metal cation and the hydroxyl anion. It is deliquescent, corrosive and highly reactive in nature and absorbs moisture from the air until it is dissolved. Caustic potash is either used as a solid (flakes, crystals or briquettes) or as a solution with varying concentrations. On account of its distinct list of properties, caustic potash finds myriad applications in a number of industries. It is extensively used in consumer products, agro-chemicals and industrial chemicals.

                                                 Global Caustic Potash Market

The demand for caustic potash witnessed a fluctuating trend during 2014-2018. This was due to a decline in both its demand and prices during the period. However, the demand for caustic potash increased moderately in the year 2018. According to a new report by Expert Market Research, the global caustic potash market reached around 2.2 Million Tons in 2018 and is further expected to reach 2.7 Million Tons by 2024. Factors such as increasing population, rising disposable income and a growing demand from emerging nations have proliferated the demand for caustic potash across the world.

Key findings from the report:

  • Caustic potash serves a number of application domains which include potassium carbonate, potassium phosphates, potassium soaps and detergents, liquid fertilizers and Others. Among these, potassium carbonate accounted for the largest share in 2018.
  • Region-wise, Asia dominated the market with the majority of the share. This can be attributed to the mounting population in the region. Asia was followed by North America, Europe and Others.
  • Some of the top players operating in the global caustic potash market include Unid Co Ltd, Occidental Chemical Corporation, Tessenderlo Chemie NV, Olin Chlor Alkali Products, Erco Worldwide (USA) Inc. and Chengdu Huarong Chemical Company Limited.

Click here for the summary of report: https://www.expertmarketresearch.com/reports/caustic-potash-market

Expert Market Research has analysed the global caustic potash market according to application, major regions and top players:

Market breakup by Application

  • Potassium carbonate
  • Potassium phosphates
  • Potassium soaps and detergents
  • Liquid fertilizers
  • Other applications

Market breakup by Region

  • Asia
  • North America
  • Europe
  • Others

Top players

  • Unid Co Ltd
  • Occidental Chemical Corporation
  • Tessenderlo Chemie NV
  • Olin Chlor Alkali Products
  • Erco Worldwide (USA) Inc.
  • Chengdu Huarong Chemical Company Limited

About Us

Expert Market Research (EMR) is a market research and consultancy firm providing syndicated and custom research along with consultancy services to a wide clientele base which includes Fortune 1000 companies as well as small and medium enterprises. With our tailored approach, the clients gain valuable and unbiased insights that help to improve their competitive edge and realize sustainable growth.

With a keen focus on the qualitative aspect as well as accuracy of the reports, we align our resources and services as per the client’s requirement and offer a flexible engagement model that best suits their needs. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical & Materials, Energy & Mining, Packaging and Agriculture.

Contact Us

Expert Market Research
Websitewww.expertmarketresearch.com
Emailsales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

Purchase Options  

Buy Now  

Call us on

( USA & Canada )
+1-415-325-5166
us.sales@expertmarket
research.com
( United Kingdom )
+44-702-402-5790
uk.sales@expertmarket
research.com
Send Enquiry  

"Caustic Potash Market: By Region: North America, Asia, Europe; By Region: Asia, North America, Europe; By Application: Potassium carbonate, Potassium phosphates, Potassium soaps and detergents, Liquid Fertilizers, Other Applications; Value Chain Analysis; Imports and Exports; Historical Production and Consumption (2014-2018); Production and Consumption Forecast (2019-2024); Competitive Landscape; Raw Material Market Analysis; Manufacturing of Caustic Potash"

Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Expert Market Research Thumbnail Image
Global Activated Alumina Market Report and Forecast 2019-2024

Global Activated Alumina Market Report and Forecast 2019-2024

  • Pre-Order Available
  • Price: $ 2399
Expert Market Research Thumbnail Image
Global Caustic Soda Market Report & Forecast 2019-2024

Caustic soda or sodium hydroxide, is an odorless, highly corrosive, nonflammable white solid which can also be used as an esterification and transesterification reagent and cleaning agent.

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Global Soda Ash Market Report & Forecast 2019-2024

The Global Soda Ash Market attained a total volume of nearly 61 million metric tons in 2018. A major driver of the soda ash market is the expanding application of the product in the glass sector where...

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Sodium Chlorate Market Report and Forecast 2019-2024

This report by Expert Market Research entitled “Sodium Chlorate Market Report and Forecast 2019-2024” provides a comprehensive analysis for anyone who plans to foray into the sodium chlorate marke...

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Sodium Chloride Market Report and Forecast 2019-2024

Sodium chloride represents a white crystalline solid with the chemical formula NaCl. It is commonly referred to as salt, table salt or common salt. It is white in colour, crystalline in appearance, sa...

  • 24 Hour Email Delivery
  • Price: $ 2999

Stay informed with our free industry updates.