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Caustic Potash (Potassium Hydroxide) - Global Market Trajectory & Analytics

  • ID: 338627
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Airedale Chemical Company
  • American Elements
  • ERCO Worldwide
  • Evonik Industries AG
  • MP Biomedicals LLC
  • Sigma-Aldrich Co. LLC
  • MORE
Global Caustic Potash (Potassium Hydroxide) Market to Reach 2.9 Million Tons by 2027

Amid the COVID-19 crisis, the global market for Caustic Potash (Potassium Hydroxide) estimated at 2.4 Million Tons in the year 2020, is projected to reach a revised size of 2.9 Million Tons by 2027, growing at a CAGR of 2.7% over the analysis period 2020-2027. Technical Products, one of the segments analyzed in the report, is projected to record a 2.5% CAGR and reach 1 Million Tons by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Agriculture segment is readjusted to a revised 3.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at 643.1 Thousand Tons, While China is Forecast to Grow at 4.9% CAGR

The Caustic Potash (Potassium Hydroxide) market in the U.S. is estimated at 643.1 Thousand Tons in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 571.3 Thousand Tons by the year 2027 trailing a CAGR of 4.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.7% and 1.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.2% CAGR.

Personal Care Segment to Record 2% CAGR

In the global Personal Care segment, USA, Canada, Japan, China and Europe will drive the 1.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of 212.9 Thousand Tons in the year 2020 will reach a projected size of 238.1 Thousand Tons by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 392.2 Thousand Tons by the year 2027, while Latin America will expand at a 2.7% CAGR through the analysis period.

Select Competitors (Total 66 Featured):
  • Airedale Chemical Company
  • Altair Chimica SpA
  • American Elements
  • Ashta Chemicals Inc.
  • Chengdu Huarong Chemical Company
  • ERCO Worldwide
  • Ercros SA
  • Evonik Industries AG
  • Inovyn
  • MP Biomedicals LLC
  • Nachurs Alpine Solutions Corp.
  • Occidental Petroleum Corporation
  • Olin Corporation
  • Pan-Americana S.A Industrias Quimicas
  • Potasse and Produits Chimiques SAS
  • Qinghai Salt Lake Industry Co. Ltd.
  • Sigma-Aldrich Co. LLC
  • Superior Plus Corp.
  • Taixing Xiangyun Chemical Co. Ltd.
  • Thermo Fischer Scientific Inc.
  • UNID Co. Ltd.
  • Vynova Group
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Airedale Chemical Company
  • American Elements
  • ERCO Worldwide
  • Evonik Industries AG
  • MP Biomedicals LLC
  • Sigma-Aldrich Co. LLC
  • MORE
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Caustic Potash: A Ubiquitous Chemical with High Thermal Stability, Strength and Solubility
  • Recent Market Activity
  • Myriad Uses in Various Forms Drive Demand
  • Healthy Growth Projected over the Next Few Years
  • Developing Regions Accelerate Market Growth
  • Asia-Pacific: The Largest and the Fastest Growing Consumer
  • China: Prime Force Behind Asia-Pacific’s Dominance
  • Developed Regions Continue to Generate Opportunities
  • STable Economic Scenario to Aid Market Expansion
  • Progressive Momentum in Global Manufacturing PMI Underpins Volume Growth
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
  • Rising Need to Increase Crop Productivity to Feed the Expanding Population: A Strong Growth Driver for Potash Fertilizers
  • Global Food Scenario: Key Facts
  • Potash Fertilizers: Among the Important Fertilizer Categories
  • Increasing Demand for Potassium Carbonate Revs Up Opportunities
  • Increasing Demand from Industrial & Institutional Cleaning Products Sector Augurs Well
  • Better Conductivity over Sodium Hydroxide Drives Demand in Alkaline Batteries
  • Caustic Potash as a Refining Catalyst in Petroleum Refineries Offers Lucrative Growth Opportunities
  • Growth Drivers for Petroleum Refining Catalysts - A Quick Look
  • Growing Prominence of Renewable Sources Boosts Demand for Biofuels, Bodes Well for KOH
  • Caustic Potash: A Major Chemical Ingredient in Production of Cuticle Remover
  • Market Fortunes Intrinsically Tied to Dynamics in the Potash Sector
  • Key Challenges Hampering Long-Term Demand Prospects for Caustic Potash
  • Sodium Hydroxide Emerge as a Cost-Effective Substitute for KOH
  • Potassium Hydroxide Versus Sodium Hydroxide
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
IV. COMPETITION
  • Total Companies Profiled: 66
Note: Product cover images may vary from those shown
  • Airedale Chemical Company
  • Altair Chimica SpA
  • American Elements
  • Ashta Chemicals Inc.
  • Chengdu Huarong Chemical Company
  • ERCO Worldwide
  • Ercros SA
  • Evonik Industries AG
  • Inovyn
  • MP Biomedicals LLC
  • Nachurs Alpine Solutions Corp.
  • Occidental Petroleum Corporation
  • Olin Corporation
  • Pan-Americana S.A Industrias Quimicas
  • Potasse and Produits Chimiques SAS
  • Qinghai Salt Lake Industry Co. Ltd.
  • Sigma-Aldrich Co. LLC
  • Superior Plus Corp.
  • Taixing Xiangyun Chemical Co. Ltd.
  • Thermo Fischer Scientific Inc.
  • UNID Co. Ltd.
  • Vynova Group
Note: Product cover images may vary from those shown
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