Market Overview:
The global industrial grade 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 applications such as fertilizer manufacturing, battery manufacturing, soaps and detergents, rubber manufacturing, oil and gas drilling, cosmetics manufacturing and others. In addition, the growing population and rising income levels are also contributing to the growth of this market. However, volatility in prices of raw materials used in the production of potassium hydroxide is restraining the growth of this market.
Product Definition:
Industrial grade potassium hydroxide is a caustic alkali used in the manufacture of soap, detergents, and textiles. It is also used in the production of rayon, cellophane, and other synthetic materials.
Solid:
Solid is a potassium hydroxide solution that has been processed to remove water. It is commercially available in two forms, namely, solid and liquid. The solid form of the product can be further divided into three categories such as microcrystalline (small crystals), amorphous (no definite shape) and crystalline (well-defined crystals). Crystalline solid KOH has an appearance similar to sugar with needles or very small pieces spread throughout.
Liquid:
Liquid is a colorless and highly hygroscopic liquid with a strong odor. It is usually represented by the symbol KOH. It has a high boiling point and low freezing point. The chemical formula of potassium hydroxide can be written as 2KOH or 3KOH depending on its preparation method (calcium or sodium carbonate).
Application Insights:
The global industrial grade potassium hydroxide market is segmented on the basis of application into fertilizer manufacturing, battery manufacturing, soaps and detergents, rubber manufacturing, oil and gas drilling, cosmetics manufacturing and others. The fertilizer industry was the largest consumer of KOH with over 40% consumption in 2015. Fertilizer manufacturers use a large amount of chemical additives including nitrogen (N), phosphorus (P) and potassium (K) hydroxide to improve soil quality for growing crops.
Fertilizer manufacturers have been increasingly using additives such as superphosphate to increase crop productivity leading to increased demand for chemical compounds that act as nutrients in the plant root zone.
Regional Analysis:
Asia Pacific dominated the global industry with a revenue share of over 40% in 2017. The region is expected to witness significant growth over the forecast period owing to rising product demand from key end-use industries such as oil and gas, battery manufacturing, soaps and detergents, rubber manufacturing, fertilizers manufacturing. China emerged as a major potassium hydroxide market in Asia Pacific on account of rapid industrialization coupled with large-scale investments for expanding oil and gas reserves.
The Middle East & Africa is projected to grow at an exponential rate during the forecast period due to increasing exploration activities for finding new reserves of crude oil coupled with growing domestic demand for batteries across various applications such as watches and mobile phones. In addition, rising production capacities are likely to drive regional growth over the coming years.
Growth Factors:
- Increasing demand from the pulp and paper industry as a result of increasing production of paper products.
- Growing demand for potassium hydroxide in the textile industry due to its use in dyeing and printing processes.
- Rising demand for potassium hydroxide from the food processing industry as a result of increasing consumption of processed foods.
- Increasing application scope of potassium hydroxide in various end-use industries such as pharmaceuticals, cosmetics, and agriculture among others.
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Grade Potassium Hydroxide Market Research Report
By Type
Solid, Liquid
By Application
Fertilizer Manufacturing, Battery Manufacturing, Soaps and Detergents, Rubber Manufacturing, Oil and Gas Drilling, Cosmetics Manufacturing, Others
By Companies
Hydrite, Olin Chlor Alkali, Hawkins, Altair Chimica, Antares Chem, Ercros, Vynova, Inovyn, PanreacQuímicaSLU(ITW Reagents), ERCO Worldwide, Proto Chemicals Industries, Chengdu Huarong Chemical, JiaHengYuan, Taizhou Mingguang 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
209
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Grade Potassium Hydroxide Market Report Segments:
The global Industrial Grade Potassium Hydroxide market is segmented on the basis of:
Types
Solid, Liquid
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
Fertilizer Manufacturing, Battery Manufacturing, Soaps and Detergents, Rubber Manufacturing, Oil and Gas Drilling, Cosmetics Manufacturing, 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:
- Hydrite
- Olin Chlor Alkali
- Hawkins
- Altair Chimica
- Antares Chem
- Ercros
- Vynova
- Inovyn
- PanreacQuímicaSLU(ITW Reagents)
- ERCO Worldwide
- Proto Chemicals Industries
- Chengdu Huarong Chemical
- JiaHengYuan
- Taizhou Mingguang Chemical
Highlights of The Industrial Grade 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:
- Solid
- Liquid
- By Application:
- Fertilizer Manufacturing
- Battery Manufacturing
- Soaps and Detergents
- Rubber Manufacturing
- Oil and Gas Drilling
- Cosmetics Manufacturing
- 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 Industrial Grade 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
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- Product & Brand Management
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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?
Industrial grade potassium hydroxide is a white, crystalline powder that is highly soluble in water. It is used as a strong base to neutralize acids and to make other chemicals.
Some of the key players operating in the industrial grade potassium hydroxide market are Hydrite, Olin Chlor Alkali, Hawkins, Altair Chimica, Antares Chem, Ercros, Vynova, Inovyn, PanreacQumicaSLU(ITW Reagents), ERCO Worldwide, Proto Chemicals Industries, Chengdu Huarong Chemical, JiaHengYuan, Taizhou Mingguang Chemical.
The industrial grade potassium hydroxide market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Grade 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 Industrial Grade Potassium Hydroxide Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Grade 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 Industrial Grade 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 Industrial Grade Potassium Hydroxide Market Size & Forecast, 2018-2028
4.5.1 Industrial Grade Potassium Hydroxide Market Size and Y-o-Y Growth
4.5.2 Industrial Grade Potassium Hydroxide Market Absolute $ Opportunity
Chapter 5 Global Industrial Grade 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 Industrial Grade Potassium Hydroxide Market Size Forecast by Type
5.2.1 Solid
5.2.2 Liquid
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Grade 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 Industrial Grade Potassium Hydroxide Market Size Forecast by Applications
6.2.1 Fertilizer Manufacturing
6.2.2 Battery Manufacturing
6.2.3 Soaps and Detergents
6.2.4 Rubber Manufacturing
6.2.5 Oil and Gas Drilling
6.2.6 Cosmetics Manufacturing
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Grade 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 Industrial Grade 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 Industrial Grade Potassium Hydroxide Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Grade 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 Industrial Grade Potassium Hydroxide Market Size Forecast by Type
9.6.1 Solid
9.6.2 Liquid
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 Industrial Grade Potassium Hydroxide Market Size Forecast by Applications
9.10.1 Fertilizer Manufacturing
9.10.2 Battery Manufacturing
9.10.3 Soaps and Detergents
9.10.4 Rubber Manufacturing
9.10.5 Oil and Gas Drilling
9.10.6 Cosmetics Manufacturing
9.10.7 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 Industrial Grade Potassium Hydroxide Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Grade 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 Industrial Grade Potassium Hydroxide Market Size Forecast by Type
10.6.1 Solid
10.6.2 Liquid
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 Industrial Grade Potassium Hydroxide Market Size Forecast by Applications
10.10.1 Fertilizer Manufacturing
10.10.2 Battery Manufacturing
10.10.3 Soaps and Detergents
10.10.4 Rubber Manufacturing
10.10.5 Oil and Gas Drilling
10.10.6 Cosmetics Manufacturing
10.10.7 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 Industrial Grade Potassium Hydroxide Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Grade 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 Industrial Grade Potassium Hydroxide Market Size Forecast by Type
11.6.1 Solid
11.6.2 Liquid
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 Industrial Grade Potassium Hydroxide Market Size Forecast by Applications
11.10.1 Fertilizer Manufacturing
11.10.2 Battery Manufacturing
11.10.3 Soaps and Detergents
11.10.4 Rubber Manufacturing
11.10.5 Oil and Gas Drilling
11.10.6 Cosmetics Manufacturing
11.10.7 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 Industrial Grade Potassium Hydroxide Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Grade 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 Industrial Grade Potassium Hydroxide Market Size Forecast by Type
12.6.1 Solid
12.6.2 Liquid
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 Industrial Grade Potassium Hydroxide Market Size Forecast by Applications
12.10.1 Fertilizer Manufacturing
12.10.2 Battery Manufacturing
12.10.3 Soaps and Detergents
12.10.4 Rubber Manufacturing
12.10.5 Oil and Gas Drilling
12.10.6 Cosmetics Manufacturing
12.10.7 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) Industrial Grade Potassium Hydroxide Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Grade 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) Industrial Grade Potassium Hydroxide Market Size Forecast by Type
13.6.1 Solid
13.6.2 Liquid
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) Industrial Grade Potassium Hydroxide Market Size Forecast by Applications
13.10.1 Fertilizer Manufacturing
13.10.2 Battery Manufacturing
13.10.3 Soaps and Detergents
13.10.4 Rubber Manufacturing
13.10.5 Oil and Gas Drilling
13.10.6 Cosmetics Manufacturing
13.10.7 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 Industrial Grade Potassium Hydroxide Market: Competitive Dashboard
14.2 Global Industrial Grade Potassium Hydroxide Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hydrite
14.3.2 Olin Chlor Alkali
14.3.3 Hawkins
14.3.4 Altair Chimica
14.3.5 Antares Chem
14.3.6 Ercros
14.3.7 Vynova
14.3.8 Inovyn
14.3.9 PanreacQuímicaSLU(ITW Reagents)
14.3.10 ERCO Worldwide
14.3.11 Proto Chemicals Industries
14.3.12 Chengdu Huarong Chemical
14.3.13 JiaHengYuan
14.3.14 Taizhou Mingguang Chemical
