Chicago, IL -- (SBWIRE) -- 06/30/2017 -- Potassium Hydroxide or Caustic Soda is an inorganic, colorless, solid compound. Because of its typical strong base nature, it has wide range of industrial applications especially used for its high corrosive nature and high reactivity towards acid. The market for Potassium Hydroxide is segmented by manufacturing process such as membrane cell process, electrolyte process and mercury cell process. It is preferred in the industry for its low cost and used widely as a precursor to other potassium compounds such as potassium phosphate, which is used in fertilizers. The other applications includes in soaps and detergents and bio-diesel.

The report on the global Potassium hydroxide market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.

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KEY PREMIUM INDUSTRY INSIGHTS

The key reasons driving the growth of the Potassium Hydroxide market includes the increasing demand for Potassium Hydroxide in the fertilizer industry augmented by rising demand for food with increasing population, and high demand for Potassium Hydroxide in the detergent industry.

Demand from Asia-Pacific region is one of the key growth opportunity drivers for this market.

However, environmental factors associated with Potassium Hydroxide may hamper the growth of the Potassium Hydroxide market.

KEY MARKET PLAYERS

Key players in the potassium hydroxide market include:

1. ICL Fertilizers
2. PotashCorp
3. Occidental Petroleum Corporation
4. Haifa Chemicals Ltd.
5. The Mosaic Company
6. SINOCHEM GROUP
7. Church & Dwight Co., Inc.
8. Uralkali
9. American Elements
10. Sigma-Aldrich Co. LLC

Browse Report: https://www.scalarmarketresearch.com/market-reports/potassium-hydroxide-market

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