According to the latest report by IMARC Group, titled, “North America Caustic Potash Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026“, the North America Caustic Potash market caustic potash market exhibited moderate growth during 2015-2020. Looking forward, the market expects to grow at a CAGR of 3.5% during 2021-2026.
Caustic potash, also known as potassium hydroxide, refers to an inorganic alkaline compound that is manufactured by the electrolysis of potassium chloride. It has a distinctive white color and is widely available in the forms of pellets, flakes, and powder. Caustic potash is a potent base that generates heat when dissolved in water or alcohol. It is widely adopted across numerous industries, including textile, water treatment, food and beverages, metallurgy, pulp and paper, etc.
The growing adoption of caustic potash in the food and beverages sector as a stabilizing, thickening, and pH adjusting agent is driving the North America caustic potash market. Moreover, the increasing utilization of caustic potash in wet mount preparation of various clinical specimens for microscopic visualization of fungi and fungal elements is also augmenting the market growth. Furthermore, the growing product demand in the agriculture sector for manufacturing KOH-based fertilizers is catalyzing the regional market. In addition to this, caustic potash is a highly versatile cleaning agent and is widely utilized in the production of liquid soaps, detergents, shampoos, etc., which is expected to bolster the market growth in the coming years.
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- Key Regions Analysed
- United States
Market by End-Use
- Potassium Carbonate
- Potassium Phosphates
- Potassium Soaps and Detergents
- Liquid Fertilizers
- Agricultural Chemicals
Market by Form
Market by Grade
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