Market Overview:
The global industrial grade potassium soft soap 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 soft soaps from various industries, such as automotive, metalworking, and others. In addition, the growing awareness about the benefits of using potassium soft soaps is also contributing to the growth of this market. Based on type, the global industrial grade potassium soft soap market can be segmented into liquid industrial grade potash soap and solid industrial grade potash soap. The liquid form is more popular among end users owing to its easy handling and storage properties. Based on application, the global industrial grade potash soap market can be segmented into industry detergent, vesicant (blister agent), and others (including agricultural). Among these applications, industry detergents account for a major share of this market due to their wide usage in various industries for cleaning purposes.
Product Definition:
Industrial Grade Potassium Soft Soap is a product that is used to clean industrial equipment. It is important because it helps to remove grease and dirt from surfaces, which can help to prevent the buildup of debris and increase the efficiency of machines.
Liquid Industrial Grade Potassium Soft Soap:
Liquid industrial grade potassium soft soap is a concentrated liquid formulation of sodium and potassium salts of fatty acids and it has been used as an emulsifier in the manufacturing of hard surface cleaners. It helps to maintain the hardness, lather, texture & color stability for a long period. The product also acts as an effective surfactant which reduces surface tension between two liquids or solids thereby making them blend easily.
Solid Industrial Grade Potassium Soft Soap:
Potassium or potash is a soft, white, odorless and highly soluble in water. It has the highest alkalinity of any mineral. Potassium can be obtained from mines and two ways; by mining or by plant growth (through synthetic means). The most important use of potassium is in the production of soap; which is used for various industrial purposes such as cleaning agents, detergents, etc.
Application Insights:
Industry detergent was the dominant application segment and accounted for over 60.0% of global demand in 2017. The product is widely used in manufacturing industry detergents as it cleans effectively, without the use of strong chemicals that could damage industrial equipment. Furthermore, potassium hydroxide based solid products are utilized extensively for cleaning oil-contaminated surfaces as they safely and completely remove contaminants with minimal effort.
The others application segment includes food processing industries where soft drinks are manufactured or processed along with pulp & paper industries where potassium hydroxide based bleaching powder is utilized to whiten the pulp before it goes through a process to make paperboard or boards that are used in packaging material such as boxes, cartons etcetera.
Regional Analysis:
Asia Pacific was the largest market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of potassium hydroxide production globally, which has resulted in high demand for industrial grade potassium soft soap across various industries. China is one of the largest producers and consumers of industrial grade potassium soft soap globally owing to large-scale production capacity as well as high demand from end-use industries such as metalworking, chemical processing, oil & gas industry etc.
The Middle East & Africa (MEA) region accounted for a significant share in terms of volume consumption due to growing oil & gas industry across countries such as Saudi Arabia and UAE. Oilfield chemicals are highly dependent on cleaning agents during operations/workflow; therefore, increasing number of new projects coupled with rising exploration activities will boost product usage further driving growth over the next eight years.
Growth Factors:
- Increasing demand from the end-use industries such as automotive, aerospace, and marine
- Growing popularity of green cleaning products
- Rising concerns over hygiene and public health
- Technological advancements in production processes and formulations
- Proliferation of private label brands
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Grade Potassium Soft Soap Market Research Report
By Type
Liquid Industrial Grade Potassium Soft Soap, Solid Industrial Grade Potassium Soft Soap
By Application
Industry Detergent, Vesicant, Others
By Companies
Delf, John Drury, Vanguard Soap, Bradford Soapworks, South King Co., Ltd., Tian Jin Runsheng, SFIC, PREMCO
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Grade Potassium Soft Soap Market Report Segments:
The global Industrial Grade Potassium Soft Soap market is segmented on the basis of:
Types
Liquid Industrial Grade Potassium Soft Soap, Solid Industrial Grade Potassium Soft Soap
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
Industry Detergent, Vesicant, 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:
- Delf
- John Drury
- Vanguard Soap
- Bradford Soapworks
- South King Co., Ltd.
- Tian Jin Runsheng
- SFIC
- PREMCO
Highlights of The Industrial Grade Potassium Soft Soap 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:
- Liquid Industrial Grade Potassium Soft Soap
- Solid Industrial Grade Potassium Soft Soap
- By Application:
- Industry Detergent
- Vesicant
- 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 Soft Soap 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?
Industrial Grade Potassium Soft Soap is a type of soap that is made with high quality ingredients. It is designed to be gentle on the skin and effective at removing dirt, oil, and makeup.
Some of the major companies in the industrial grade potassium soft soap market are Delf, John Drury, Vanguard Soap, Bradford Soapworks, South King Co., Ltd., Tian Jin Runsheng, SFIC, PREMCO.
The industrial grade potassium soft soap 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 Industrial Grade Potassium Soft Soap 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 Soft Soap Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Industrial Grade Potassium Soft Soap 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 Soft Soap 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 Soft Soap Market Size & Forecast, 2020-2028 4.5.1 Industrial Grade Potassium Soft Soap Market Size and Y-o-Y Growth 4.5.2 Industrial Grade Potassium Soft Soap Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Liquid Industrial Grade Potassium Soft Soap
5.2.2 Solid Industrial Grade Potassium Soft Soap
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Industry Detergent
6.2.2 Vesicant
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Grade Potassium Soft Soap 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 Soft Soap 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Liquid Industrial Grade Potassium Soft Soap
9.6.2 Solid Industrial Grade Potassium Soft Soap
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 Market Size Forecast by Applications
9.10.1 Industry Detergent
9.10.2 Vesicant
9.10.3 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Liquid Industrial Grade Potassium Soft Soap
10.6.2 Solid Industrial Grade Potassium Soft Soap
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 Market Size Forecast by Applications
10.10.1 Industry Detergent
10.10.2 Vesicant
10.10.3 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Liquid Industrial Grade Potassium Soft Soap
11.6.2 Solid Industrial Grade Potassium Soft Soap
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 Market Size Forecast by Applications
11.10.1 Industry Detergent
11.10.2 Vesicant
11.10.3 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Liquid Industrial Grade Potassium Soft Soap
12.6.2 Solid Industrial Grade Potassium Soft Soap
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 Market Size Forecast by Applications
12.10.1 Industry Detergent
12.10.2 Vesicant
12.10.3 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Liquid Industrial Grade Potassium Soft Soap
13.6.2 Solid Industrial Grade Potassium Soft Soap
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) Market Size Forecast by Applications
13.10.1 Industry Detergent
13.10.2 Vesicant
13.10.3 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 Soft Soap Market: Competitive Dashboard
14.2 Global Industrial Grade Potassium Soft Soap Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Delf
14.3.2 John Drury
14.3.3 Vanguard Soap
14.3.4 Bradford Soapworks
14.3.5 South King Co., Ltd.
14.3.6 Tian Jin Runsheng
14.3.7 SFIC
14.3.8 PREMCO