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Caustic Potash Market

Global Caustic Potash Market Analysis, Share, Forecast: By Form: Solid, Liquid, By Grade: Industrial, Reagent, Pharmaceutical; By End Use: Potassium Carbonate, Potassium Phosphates, Potassium Soaps and Detergents, Liquid Fertilizers, Agricultural Chemicals, Others; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032

Global Caustic Potash Market Outlook

The global caustic potash market reached a volume of 2.97 million tons in the year 2023. The market is further expected to grow at a CAGR of 4.5% between 2024 and 2032 to reach a volume of almost 4.41 million tons by 2032. This report by Expert Market Research entitled “Global Caustic Potash Market Report and Forecast 2024-2032” provides a comprehensive analysis for anyone who plans to foray into the industry. 

 

Caustic Potash Market

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Historical market trends for the industry have been provided from 2018-2023 and forecasts have been presented till 2026. The value chain analysis has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales, and distribution. Furthermore, the study assesses the industry based on Porter’s five forces model, which evaluates the level of competition in the industry by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the industry has also been provided. The report also covers the global import and export trends with the Suriname being the largest importer and Korea being the largest exporter.

This report provides an exhaustive insight into the manufacturing of caustic potash. Factors such as chemical reactions involved, process flow, raw material requirements, mass balance and various manufacturing steps have been thoroughly discussed in the report. The report also provides a comprehensive market evaluation of the major feedstock required for manufacturing caustic potash viz. potassium chloride. For each feedstock, the report provides market trends, price trends, market by application, market by region and its key manufacturers.

 

Market Segmentation

Caustic potash (potassium hydroxide) is a strong alkaline chemical, manufactured by the electrolysis of the brine prepared from potassium chloride and water, either by mercury or membrane or diaphragm-based cells. It is an extremely versatile cleaning agent. It is commercialised as a solid (flakes, crystals, or briquettes) or as solutions with varying concentrations. 

 

Caustic Potash Market by Sements

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Based on form, the industry can be divided into the following:

  • Solid
  • Liquid

By grade, the global caustic potash market can be divided into:

  • Industrial
  • Reagent
  • Pharmaceutical

The product finds wide end uses in:

  • Potassium Carbonate
  • Potassium Phosphates
  • Potassium Soaps and Detergents
  • Liquid Fertilizers
  • Agricultural Chemicals
  • Others

The regional markets can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

 

Caustic Potash Market by Region

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Market Analysis

Caustic potash is widely used as a stabilizer, thickener, as well as pH adjuster in the food and beverage industries to extend product shelf-life. Since it is a versatile purifier it is often used to manufacture liquid soaps, lotions, shampoos as well as hair sprays. Potassium hydroxide soap is more water soluble and is considered safer for the environment compared to sodium hydroxide. For the preparation of clinical specimens for fungal microscopy and fungal elements in the hairs, skin, clots, and vaginal secretions potassium hydroxide (COH) is also commonly used. Accordingly, the effectiveness and tolerance of wart treatment have been investigated. In addition, demand for caustic potash is on the rise in agriculture, as KOH fertilizers are commonly used to improve crop yield and increase overall productivity.

 

Competitive Landscape

The report analyses the following key players in the global caustic potash market, looking into their capacity, competitive landscape, and latest developments like mergers and acquisitions, expansions of capacity, and plant turnarounds:

  • Erco Worldwide
  • Occidental Chemical Corporation
  • Tessenderlo Group
  • Others

In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complemented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.

Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector-specific events and assumptions are taken into account to generate the final forecast.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Form
  • Grade
  • End Use
  • Region
Breakup by Form
  • Solid
  • Liquid
Breakup by Grade
  • Industrial
  • Reagent
  • Pharmaceutical
Breakup by End Use
  • Potassium Carbonate
  • Potassium Phosphates
  • Potassium Soaps and Detergents
  • Liquid Fertilizers
  • Agricultural Chemicals
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Erco Worldwide
  • Occidental Chemical Corporation
  • Tessenderlo Group
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Caustic Potash Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Caustic Potash Historical Market (2018-2023) 
    8.3    Global Caustic Potash Market Forecast (2024-2032)
    8.4    Global Caustic Potash Market by Form
        8.4.1    Solid
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2023)
            8.4.1.3    Forecast Trend (2024-2032)
        8.4.2    Liquid
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2023)
            8.4.2.3    Forecast Trend (2024-2032)
        8.5    Global Caustic Potash Market by Grade
    8.5.1    Industrial
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2023)
            8.5.1.3    Forecast Trend (2024-2032)
        8.5.2    Reagent
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2023)
            8.5.2.3    Forecast Trend (2024-2032)
        8.5.3    Pharmaceutical
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2023)
            8.5.3.3    Forecast Trend (2024-2032)
    8.6    Global Caustic Potash Market by End Use
        8.6.1    Potassium Carbonate
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2023)
            8.6.1.3    Forecast Trend (2024-2032)
        8.6.2    Potassium Phosphates
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2023)
            8.6.2.3    Forecast Trend (2024-2032)
        8.6.3    Potassium Soaps and Detergents
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2023)
            8.6.3.3    Forecast Trend (2024-2032)
        8.6.4    Liquid Fertilizers
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2018-2023)
            8.6.4.3    Forecast Trend (2024-2032)
        8.6.5    Agricultural Chemicals
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2018-2023)
            8.6.5.3    Forecast Trend (2024-2032)
        8.6.6    Others
    8.7    Global Caustic Potash Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2018-2023)
        9.3.2    Forecast Trend (2024-2032)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2018-2023)
        9.4.2    Forecast Trend (2024-2032)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2018-2023)
        9.5.2    Forecast Trend (2024-2032)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    12.2    Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
    12.3    Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
    12.4    Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    12.5    Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
13    Trade Data Analysis
    13.1    Major Importing Countries
        13.1.1    By Volume
        13.1.2    By Value
    13.2    Major Exporting Countries
        13.2.1    By Volume
        13.2.2    By Value
14    Manufacturing Process
    14.1    Detailed Process Flow
    14.2    Operations Involved
    14.3    Mass Balance
15    Feedstock Market Analysis
    15.1    Global Potassium Chloride Market Analysis
        15.1.1    Key Industry Highlights
        15.1.2    Global Potassium Chloride Historical Market (2018-2023) 
        15.1.3    Global Potassium Chloride Market Forecast (2024-2032)
    15.2    Global Potassium Chloride Market by Region
        15.2.1    Market Share
            15.2.1.1    North America
            15.2.1.2    Europe
            15.2.1.3    Asia Pacific
            15.2.1.4    Latin America
            15.2.1.5    Middle East and Africa
    15.3    Price Analysis
        15.3.1    Potassium Chloride Historical Price Trends (2018-2023) and Forecast (2024-2032)
16    Competitive Landscape
    16.1    Market Structure
    16.2    Key Players 
    16.3    Company Profiles
        16.3.1    Erco Worldwide
            16.3.1.1    Company Overview
            16.3.1.2    Product Portfolio
            16.3.1.3    Demographic Reach and Achievements
            16.3.1.4    Certifications
        16.3.2    Occidental Chemical Corporation
            16.3.2.1    Company Overview
            16.3.2.2    Product Portfolio
            16.3.2.3    Demographic Reach and Achievements
            16.3.2.4    Certifications
        16.3.3    Tessenderlo Group
            16.3.3.1    Company Overview
            16.3.3.2    Product Portfolio
            16.3.3.3    Demographic Reach and Achievements
            16.3.3.4    Certifications
        16.3.4    Others
17    Industry Events and Developments


List of Key Figures and Tables1.    Global Caustic Potash Market: Key Industry Highlights, 2018 and 2032
2.    Global Caustic Potash Historical Market: Breakup by Form (Million Tons), 2018-2023
3.    Global Caustic Potash Market Forecast: Breakup by Form (Million Tons), 2024-2032
4.    Global Caustic Potash Historical Market: Breakup by Grade (Million Tons), 2018-2023
5.    Global Caustic Potash Market Forecast: Breakup by Grade (Million Tons), 2024-2032
6.    Global Caustic Potash Historical Market: Breakup by End Use (Million Tons), 2018-2023
7.    Global Caustic Potash Market Forecast: Breakup by End Use (Million Tons), 2024-2032
8.    Global Caustic Potash Historical Market: Breakup by Region (Million Tons), 2018-2023
9.    Global Caustic Potash Market Forecast: Breakup by Region (Million Tons), 2024-2032
10.    North America Caustic Potash Historical Market: Breakup by Country (Million Tons), 2018-2023
11.    North America Caustic Potash Market Forecast: Breakup by Country (Million Tons), 2024-2032
12.    Europe Caustic Potash Historical Market: Breakup by Country (Million Tons), 2018-2023
13.    Europe Caustic Potash Market Forecast: Breakup by Country (Million Tons), 2024-2032
14.    Asia Pacific Caustic Potash Historical Market: Breakup by Country (Million Tons), 2018-2023
15.    Asia Pacific Caustic Potash Market Forecast: Breakup by Country (Million Tons), 2024-2032
16.    Latin America Caustic Potash Historical Market: Breakup by Country (Million Tons), 2018-2023
17.    Latin America Caustic Potash Market Forecast: Breakup by Country (Million Tons), 2024-2032
18.    Middle East and Africa Caustic Potash Historical Market: Breakup by Country (Million Tons), 2018-2023
19.    Middle East and Africa Caustic Potash Market Forecast: Breakup by Country (Million Tons), 2024-2032
20.    North America Historical Price Trends and Forecast 2018-2028
21.    Europe Historical Price Trends and Forecast 2018-2028
22.    Asia Pacific Historical Price Trends and Forecast 2018-2028
23.    Latin America Historical Price Trends and Forecast 2018-2028
24.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
25.    Major Importing Countries by Volume (2020)
26.    Major Exporting Countries by Volume (2020)
27.    Major Importing Countries by Value (2020)
28.    Major Exporting Countries by Value (2020)
29.    Global Potassium Chloride Market: Key Industry Highlights, 2018 and 2032
30.    Global Potassium Chloride Historical Market: Breakup by End Use (Million Tons), 2018-2023
31.    Global Potassium Chloride Market Forecast: Breakup by End Use (Million Tons), 2024-2032
32.    Global Potassium Chloride Historical Market: Breakup by Region (Million Tons), 2018-2023
33.    Global Potassium Chloride Market Forecast: Breakup by Region (Million Tons), 2024-2032
34.    Global Caustic Potash Market Structure

Key Questions Answered in the Report

The global caustic potash market reached a volume of about of 2.97 million tons in 2023. 

The market is expected to grow at a CAGR of about 4.5% in the forecast period of 2024-2032.

The market is expected to expand in the forecast period to reach 4.41 million tons by 2032.

The major drivers of the market include rising disposable incomes, increasing population, and the rising demand from the food and personal care industries.

The product is increasingly used in agriculture as KOH fertilizers to improve crop yield and increase the overall productivity.

North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa are the major regions in the global caustic potash market.

The major forms can be divided into solid and liquid.

The grade types of the product are industrial, reagent, and pharmaceutical.

The end use sectors for the product are potassium carbonate, potassium phosphates, potassium soaps and detergents, liquid fertilizers, and agricultural chemicals, among others.

The major players in the market are Erco Worldwide, Occidental Chemical Corporation, and Tessenderlo Group, among others.

Analyst Review

The global caustic potash market attained a volume of about of 2.97 million tons in 2023, driven by the growing demand from the end use sectors. It is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 4.5%. The global caustic potash market is projected to be driven by the rising use of the product in the food and personal care industry to reach 4.41 million tons by 2032. 

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By forms, the global caustic potash market is divided into solid and liquid. The grade types of the product include industrial, reagent, and pharmaceutical. On the basis of end uses, the market can be divided into potassium carbonate, potassium phosphates, potassium soaps and detergents, liquid fertilizers, and agricultural chemicals, among others. The major regional markets for the product are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above industry include Erco Worldwide, Occidental Chemical Corporation, and Tessenderlo Group, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition. 

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