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. Caustic potash is commercialised as a solid (flakes, crystals or briquettes) or as solutions with varying concentrations. One of the major applications of caustic potash is in the production of potassium carbonate, which is further used in the manufacturing of speciality glasses, including television tubes. Other applications lie in the production of potassium phosphates, liquid fertiliser, food products, soaps, dyes and pigments, boiler compounds, electroplating baths, dehydrating agents, titanium enamels, vat dyeing, textile printing, etc. During 2014-2018, the global caustic potash market grew at a CAGR of around 1.2%. The market is currently being driven by the diversifying applications of caustic potash across various sectors. This report by Expert Market Research entitled “Caustic Potash Market Report and Forecast 2019-2024” provides a comprehensive analysis for anyone who plans to foray into the caustic potash market.
Historical market trends for the caustic potash industry have been provided from 2014-2018 and forecasts have been presented till 2024. On a regional level, the report has segmented the global caustic potash market into the following regions – North America, Asia, Europe and Others. North America currently represents the largest market. On the basis of end-use, the global caustic potash market has been segmented as potassium carbonates, potassium phosphates, potassium soaps & detergents and others. Potassium carbonates currently represent the biggest end-use markets for caustic potash.
The value chain analysis of caustic potash 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 market based on Porter’s five forces model, which evaluates the level of competition in the market 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 caustic potash industry has also been provided. The report also covers the global import and export trends of caustic potash 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.
The following are the key questions answered by this report:
- What are the market trends for the global caustic potash market?
- Which are the biggest markets (regions) for caustic potash?
- What are the key application areas for caustic potash?
- Who are the key manufacturers in the caustic potash market?
- What are the price trends of caustic potash?
- What are the raw material requirements for the manufacturing of caustic potash?
- What are the chemical reactions involved during the manufacturing of caustic potash?
- Who are the major importers and exporters of caustic potash?
- What is the value chain analysis of the caustic potash industry?
- What are the market trends of major feedstocks?
- What are the price trends of major feedstocks?
- Which are the biggest markets (regions) for major feedstocks?
- What are the key application areas for various feedstocks?
- Who are the key players for various feedstocks?
In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the caustic potash industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complimented 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.