Market Overview:
The global high purity potassium hydroxide market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for potassium hydroxide from various end-use industries, such as chemical, pharmaceutical, light industry, dye industry and others. In terms of volume, the global high purity potassium hydroxide market is projected to reach 1,811 kilotons by 2030. In terms of type, the global high purity potassium hydroxide market can be segmented into content ≥99.99 %%, content ≥99.90 %% and content ≥99.70 %%. Among these types, the content ≥ 99.99% segment is expected to account for a major share in terms of volume in 2018 and is projected to grow at a CAGR of 5%.
Product Definition:
High Purity Potassium Hydroxide is a white solid with the chemical formula KOH. It is a strong base and can be used to produce potassium salts. It is also used in the manufacture of soap and other detergents.
Content ≥99.99 %:
The content 99.99% is a very high purity grade of potassium hydroxide which has no impurities present in it. It is used for producing many industrial products such as ceramic glazes, glass wool, fiberglass insulation, and match heads among others. The demand for this product has been increasing over the past few years on account of its growing usage in end-use industries such as construction & building and pharmaceuticals among others.
Content ≥99.90 %:
The content of 99.9% is pure and it has no substitutes in the market. It is a crystalline compound, which exists in colorless and white form with a pungent odor. The product finds application as an ingredient for manufacturing various chemicals such as caustic soda, lye (lyevels), soda ash, etc., used across several end-use industries such as textiles & apparel, food & beverages processing industry among others.
Application Insights:
High purity potassium hydroxide is majorly used in the chemical industry for the production of chemicals such as polymers, resins, dyes and inks. The product demand in this application segment accounted for over 60% of the global market volume in 2017. Growing demand from various end-use industries including textile, paper and cosmetics are expected to drive product consumption over the forecast period.
The high purity potassium hydroxide used as a chemical agent has no substitute and is thus an essential commodity that drives several other sectors including pharmaceuticals, paints & coatings and others. High Purity KOH is widely utilized across several applications owing to its properties which include low toxicity (LD50 value of approximately 15 g/kg), high alkalinity (pH11) making it suitable for use with sensitive electronic equipment such as computers or cell phones among others.
Regional Analysis:
Asia Pacific was the largest market for high purity potassium hydroxide with a revenue share of over 40.0% in 2017. The region is expected to continue its dominance over the forecast period owing to rising demand from various end-use industries such as chemical, pharmaceutical, and others. In addition, increasing investments by major manufacturers in developing countries such as India and China are anticipated to boost product demand in these regions during the forecast period.
The growth of end-use industries coupled with growing population has led to an increase in consumption of food products which is likely to augment industry growth over the coming years.
Growth Factors:
- Increasing demand from the chemical industry for potassium hydroxide as a precursor to other chemicals.
- Growing demand for potassium hydroxide in the pulp and paper industry as a bleaching agent.
- Increasing use of potassium hydroxide in water treatment plants to remove impurities and pollutants from water supplies.
- Rising demand for high purity potassium hydroxide in pharmaceuticals and cosmetics industries .
Scope Of The Report
Report Attributes
Report Details
Report Title
High Purity Potassium Hydroxide Market Research Report
By Type
Content ≥99.99 %, Content ≥99.90 %, Content ≥99.70 %
By Application
Chemical Industry, Pharmaceutical Industry, Light Industry, Dye Industry, Others
By Companies
OxyChem, Shin-Etsu Chemical, Tessenderlo chemie, Olin Corporation, Evonik, ERCO Worldwide, Asahi Glass (AGC), Potasse and Produits Chimiques SAS (PPC), Pan-Americana S.A., Ercros, Albemarle, Solvay, Chengdu Huarong Chemical, Tssunfar, Chengdu Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global High Purity Potassium Hydroxide Market Report Segments:
The global High Purity Potassium Hydroxide market is segmented on the basis of:
Types
Content ≥99.99 %, Content ≥99.90 %, Content ≥99.70 %
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical Industry, Pharmaceutical Industry, Light Industry, Dye Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- OxyChem
- Shin-Etsu Chemical
- Tessenderlo chemie
- Olin Corporation
- Evonik
- ERCO Worldwide
- Asahi Glass (AGC)
- Potasse and Produits Chimiques SAS (PPC)
- Pan-Americana S.A.
- Ercros
- Albemarle
- Solvay
- Chengdu Huarong Chemical
- Tssunfar
- Chengdu Chemical
Highlights of The High Purity Potassium Hydroxide Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Content ≥99.99 %
- Content ≥99.90 %
- Content ≥99.70 %
- By Application:
- Chemical Industry
- Pharmaceutical Industry
- Light Industry
- Dye Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Purity Potassium Hydroxide Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High purity potassium hydroxide is a white, odorless, crystalline powder that is used in chemical and pharmaceutical manufacturing. It is also used as a food additive to control pH levels.
Some of the major companies in the high purity potassium hydroxide market are OxyChem, Shin-Etsu Chemical, Tessenderlo chemie, Olin Corporation, Evonik, ERCO Worldwide, Asahi Glass (AGC), Potasse and Produits Chimiques SAS (PPC), Pan-Americana S.A., Ercros, Albemarle, Solvay, Chengdu Huarong Chemical, Tssunfar, Chengdu Chemical.
The high purity potassium hydroxide market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Purity Potassium Hydroxide Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Purity Potassium Hydroxide Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Purity Potassium Hydroxide Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Purity Potassium Hydroxide Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Purity Potassium Hydroxide Market Size & Forecast, 2018-2028
4.5.1 High Purity Potassium Hydroxide Market Size and Y-o-Y Growth
4.5.2 High Purity Potassium Hydroxide Market Absolute $ Opportunity
Chapter 5 Global High Purity Potassium Hydroxide Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 High Purity Potassium Hydroxide Market Size Forecast by Type
5.2.1 Content ≥99.99 %
5.2.2 Content ≥99.90 %
5.2.3 Content ≥99.70 %
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Purity Potassium Hydroxide Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 High Purity Potassium Hydroxide Market Size Forecast by Applications
6.2.1 Chemical Industry
6.2.2 Pharmaceutical Industry
6.2.3 Light Industry
6.2.4 Dye Industry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Purity Potassium Hydroxide Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Purity Potassium Hydroxide Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America High Purity Potassium Hydroxide Analysis and Forecast
9.1 Introduction
9.2 North America High Purity Potassium Hydroxide Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America High Purity Potassium Hydroxide Market Size Forecast by Type
9.6.1 Content ≥99.99 %
9.6.2 Content ≥99.90 %
9.6.3 Content ≥99.70 %
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America High Purity Potassium Hydroxide Market Size Forecast by Applications
9.10.1 Chemical Industry
9.10.2 Pharmaceutical Industry
9.10.3 Light Industry
9.10.4 Dye Industry
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe High Purity Potassium Hydroxide Analysis and Forecast
10.1 Introduction
10.2 Europe High Purity Potassium Hydroxide Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe High Purity Potassium Hydroxide Market Size Forecast by Type
10.6.1 Content ≥99.99 %
10.6.2 Content ≥99.90 %
10.6.3 Content ≥99.70 %
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe High Purity Potassium Hydroxide Market Size Forecast by Applications
10.10.1 Chemical Industry
10.10.2 Pharmaceutical Industry
10.10.3 Light Industry
10.10.4 Dye Industry
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific High Purity Potassium Hydroxide Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Purity Potassium Hydroxide Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific High Purity Potassium Hydroxide Market Size Forecast by Type
11.6.1 Content ≥99.99 %
11.6.2 Content ≥99.90 %
11.6.3 Content ≥99.70 %
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific High Purity Potassium Hydroxide Market Size Forecast by Applications
11.10.1 Chemical Industry
11.10.2 Pharmaceutical Industry
11.10.3 Light Industry
11.10.4 Dye Industry
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America High Purity Potassium Hydroxide Analysis and Forecast
12.1 Introduction
12.2 Latin America High Purity Potassium Hydroxide Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America High Purity Potassium Hydroxide Market Size Forecast by Type
12.6.1 Content ≥99.99 %
12.6.2 Content ≥99.90 %
12.6.3 Content ≥99.70 %
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America High Purity Potassium Hydroxide Market Size Forecast by Applications
12.10.1 Chemical Industry
12.10.2 Pharmaceutical Industry
12.10.3 Light Industry
12.10.4 Dye Industry
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) High Purity Potassium Hydroxide Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Purity Potassium Hydroxide Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) High Purity Potassium Hydroxide Market Size Forecast by Type
13.6.1 Content ≥99.99 %
13.6.2 Content ≥99.90 %
13.6.3 Content ≥99.70 %
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) High Purity Potassium Hydroxide Market Size Forecast by Applications
13.10.1 Chemical Industry
13.10.2 Pharmaceutical Industry
13.10.3 Light Industry
13.10.4 Dye Industry
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Purity Potassium Hydroxide Market: Competitive Dashboard
14.2 Global High Purity Potassium Hydroxide Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 OxyChem
14.3.2 Shin-Etsu Chemical
14.3.3 Tessenderlo chemie
14.3.4 Olin Corporation
14.3.5 Evonik
14.3.6 ERCO Worldwide
14.3.7 Asahi Glass (AGC)
14.3.8 Potasse and Produits Chimiques SAS (PPC)
14.3.9 Pan-Americana S.A.
14.3.10 Ercros
14.3.11 Albemarle
14.3.12 Solvay
14.3.13 Chengdu Huarong Chemical
14.3.14 Tssunfar
14.3.15 Chengdu Chemical
