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Potassium Hydroxide Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019

  • Date Submitted: 08/20/2015 02:45 AM
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Potassium Hydroxide Market - Global
Industry Analysis, Size, Share, Growth,
Trends And Forecast, 2013 - 2019

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REPORT DESCRIPTION

Potassium hydroxide is a liquid inorganic compound also known as caustic potash. Sodium hydroxide and potassium are
mainly employed in the production of potassium hydroxide. Potassium hydroxide is employed in several application
segments including soaps, petroleum refining, fertilizers and precursors for several chemicals among others. Fertilizers
represent the largest application segment for potassium hydroxide and the trend is expected to continue in the near
future.
Growing population has been the foremost driver for potassium hydroxide market growth. The demand for potassium
hydroxide is driven by increasing demand for food leading to increasing demand for fertilizers. Increasing disposable
income and emerging economies are also amongst the major driver for market growth. Health hazards associated with
potassium hydroxide have been a major factor restraining market growth. Emerging economies in the Rest of the World
segment are expected to offer huge growth opportunity for market growth.
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Asia Pacific region dominated the global demand for potassium hydroxide and the trend is expected to continue during the
forecast period. India and China are the one of the largest economies in terms of population are expected to be the most
dominant regions in...

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