
NEW YORK, Nov. 14, 2022 /PRNewswire/ -- The potassium hydroxide market is set to grow by 655.56 thousand tons between 2021 and 2026, registering a CAGR of 4.6%, according to Technavio's latest market research report estimates. 51% of the growth will originate from APAC. Technavio categorizes the global potassium hydroxide market as a part of the global specialty chemicals market. Request a Free Sample Report.
- Application
- Potassium Carbonate
- Potassium hydroxide is extensively used to produce potassium carbonate commercially. Potassium carbonate has a high market value as it is used in manufacturing various end-use products. One of the major applications of this compound is in the field of glass manufacturing. It is used to manufacture cathode rays, television tubes, and optical lenses. Therefore, as potassium hydroxide is the main raw material for producing potassium carbonate, the high consumption of potassium carbonate in numerous end-use industries would propel the global potassium hydroxide market growth during the forecast period.
- Chemical Intermediates
- Other Potassium Salts
- Pharma And Household
- Others
- Geography
- APAC
- APAC will account for 51% of market growth. The main markets for potassium hydroxide in APAC are China, Japan, and India. This region's market will expand more quickly than those in another area. The expansion of the potassium hydroxide market in APAC will be driven by the rising use of potassium hydroxide in various applications, such as industrial cleaning, personal care, and cosmetics.
- North America
- Europe
- South America
- Middle East And Africa
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The global potassium hydroxide market is moderately concentrated with the presence of many international and regional players. The threat of competition among the vendors was high and is anticipated to remain high during the forecast period due to increased investment by major manufacturers in R&D to maintain their market position. The major vendors dominating the market include
- AGC Inc.
- Airedale Chemical Co. Ltd.
- Albemarle Corp.
- Altair Chimica S.p.A.
- American Elements
- Ashta Chemicals Inc.
- Ercros SA
- Gujarat Alkalies and Chemicals Ltd.
- Haifa Group
- Huarong Chemical Co.Ltd.
- ICL
- INEOS Group Holdings SA
- Merck KGaA
- Occidental Petroleum Corp.
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- Potassium Hydroxide Market size
- Potassium Hydroxide Market trends
- Potassium Hydroxide Market industry analysis
The potassium hydroxide market is fragmented, and the degree of fragmentation will accelerate. The growing demand for potassium carbonate will offer immense growth opportunities. However, the Presence of less expensive substitutes will hamper the market growth.
- CAGR of the market during the forecast period
- Detailed information on factors that will assist potassium hydroxide market growth during the next five years
- Estimation of the potassium hydroxide market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the potassium hydroxide market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of potassium hydroxide market vendors
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Potassium Hydroxide Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.6% |
Market growth 2022-2026 |
655.56 thousand t |
Market structure |
Fragmented |
YoY growth (%) |
4.2 |
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 51% |
Key consumer countries |
US, China, Japan, India, Germany, and Italy |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
AGC Inc., Airedale Chemical Co. Ltd., Albemarle Corp., Altair Chimica S.p.A., American Elements, Ashta Chemicals Inc., Ercros SA, Gujarat Alkalies and Chemicals Ltd., Haifa Group, Huarong Chemical Co.Ltd., ICL, INEOS Group Holdings SA, Merck KGaA, Occidental Petroleum Corp., Olin Corp., Picanol, RAG Stiftung, Superior Plus Corp., UNID Co. Ltd., and Vynova Beek BV |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
- 1.1 Market Overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 (thousand t)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 (thousand t)
- Exhibit 15: Chart on Global Market- Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market- Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Application
- 5.1 Market segments
- Exhibit 24: Chart on Application - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
- 5.2 Comparison by Application
- Exhibit 26: Chart on Comparison by Application
- Exhibit 27: Data Table on Comparison by Application
- 5.3 Potassium carbonate - Market size and forecast 2021-2026
- Exhibit 28: Chart on Potassium carbonate - Market size and forecast 2021-2026 (thousand t)
- Exhibit 29: Data Table on Potassium carbonate - Market size and forecast 2021-2026 (thousand t)
- Exhibit 30: Chart on Potassium carbonate - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Potassium carbonate - Year-over-year growth 2021-2026 (%)
- 5.4 Chemical intermediates - Market size and forecast 2021-2026
- Exhibit 32: Chart on Chemical intermediates - Market size and forecast 2021-2026 (thousand t)
- Exhibit 33: Data Table on Chemical intermediates - Market size and forecast 2021-2026 (thousand t)
- Exhibit 34: Chart on Chemical intermediates - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Chemical intermediates - Year-over-year growth 2021-2026 (%)
- 5.5 Other potassium salts - Market size and forecast 2021-2026
- Exhibit 36: Chart on Other potassium salts - Market size and forecast 2021-2026 (thousand t)
- Exhibit 37: Data Table on Other potassium salts - Market size and forecast 2021-2026 (thousand t)
- Exhibit 38: Chart on Other potassium salts - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Other potassium salts - Year-over-year growth 2021-2026 (%)
- 5.6 Pharma and household - Market size and forecast 2021-2026
- Exhibit 40: Chart on Pharma and household - Market size and forecast 2021-2026 (thousand t)
- Exhibit 41: Data Table on Pharma and household - Market size and forecast 2021-2026 (thousand t)
- Exhibit 42: Chart on Pharma and household - Year-over-year growth 2021-2026 (%)
- Exhibit 43: Data Table on Pharma and household - Year-over-year growth 2021-2026 (%)
- 5.7 Others - Market size and forecast 2021-2026
- Exhibit 44: Chart on Others - Market size and forecast 2021-2026 (thousand t)
- Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 (thousand t)
- Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
- Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)
- 5.8 Market opportunity by Application
- Exhibit 48: Market opportunity by Application (thousand t)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 50: Chart on Market share by geography 2021-2026 (%)
- Exhibit 51: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 52: Chart on Geographic comparison
- Exhibit 53: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 (thousand t)
- Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 (thousand t)
- Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 North America - Market size and forecast 2021-2026
- Exhibit 58: Chart on North America - Market size and forecast 2021-2026 (thousand t)
- Exhibit 59: Data Table on North America - Market size and forecast 2021-2026 (thousand t)
- Exhibit 60: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.5 Europe - Market size and forecast 2021-2026
- Exhibit 62: Chart on Europe - Market size and forecast 2021-2026 (thousand t)
- Exhibit 63: Data Table on Europe - Market size and forecast 2021-2026 (thousand t)
- Exhibit 64: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 66: Chart on South America - Market size and forecast 2021-2026 (thousand t)
- Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 (thousand t)
- Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 (thousand t)
- Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 (thousand t)
- Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 China - Market size and forecast 2021-2026
- Exhibit 74: Chart on China - Market size and forecast 2021-2026 (thousand t)
- Exhibit 75: Data Table on China - Market size and forecast 2021-2026 (thousand t)
- Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.9 US - Market size and forecast 2021-2026
- Exhibit 78: Chart on US - Market size and forecast 2021-2026 (thousand t)
- Exhibit 79: Data Table on US - Market size and forecast 2021-2026 (thousand t)
- Exhibit 80: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.10 Japan - Market size and forecast 2021-2026
- Exhibit 82: Chart on Japan - Market size and forecast 2021-2026 (thousand t)
- Exhibit 83: Data Table on Japan - Market size and forecast 2021-2026 (thousand t)
- Exhibit 84: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.11 Germany - Market size and forecast 2021-2026
- Exhibit 86: Chart on Germany - Market size and forecast 2021-2026 (thousand t)
- Exhibit 87: Data Table on Germany - Market size and forecast 2021-2026 (thousand t)
- Exhibit 88: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 89: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.12 Italy - Market size and forecast 2021-2026
- Exhibit 90: Chart on Italy - Market size and forecast 2021-2026 (thousand t)
- Exhibit 91: Data Table on Italy - Market size and forecast 2021-2026 (thousand t)
- Exhibit 92: Chart on Italy - Year-over-year growth 2021-2026 (%)
- Exhibit 93: Data Table on Italy - Year-over-year growth 2021-2026 (%)
- 7.13 India - Market size and forecast 2021-2026
- Exhibit 94: Chart on India - Market size and forecast 2021-2026 (thousand t)
- Exhibit 95: Data Table on India - Market size and forecast 2021-2026 (thousand t)
- Exhibit 96: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 97: Data Table on India - Year-over-year growth 2021-2026 (%)
- 7.14 Market opportunity by geography
- Exhibit 98: Market opportunity by geography (thousand t)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 99: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 100: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 101: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 102: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 103: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 104: Matrix on vendor position and classification
- 10.3 AGC Inc.
- Exhibit 105: AGC Inc. - Overview
- Exhibit 106: AGC Inc. - Business segments
- Exhibit 107: AGC Inc. - Key news
- Exhibit 108: AGC Inc. - Key offerings
- Exhibit 109: AGC Inc. - Segment focus
- 10.4 Airedale Chemical Co. Ltd.
- Exhibit 110: Airedale Chemical Co. Ltd. - Overview
- Exhibit 111: Airedale Chemical Co. Ltd. - Product / Service
- Exhibit 112: Airedale Chemical Co. Ltd. - Key offerings
- 10.5 Ercros SA
- Exhibit 113: Ercros SA - Overview
- Exhibit 114: Ercros SA - Business segments
- Exhibit 115: Ercros SA - Key offerings
- Exhibit 116: Ercros SA - Segment focus
- 10.6 Gujarat Alkalies and Chemicals Ltd.
- Exhibit 117: Gujarat Alkalies and Chemicals Ltd. - Overview
- Exhibit 118: Gujarat Alkalies and Chemicals Ltd. - Product / Service
- Exhibit 119: Gujarat Alkalies and Chemicals Ltd. - Key offerings
- 10.7 INEOS Group Holdings SA
- Exhibit 120: INEOS Group Holdings SA - Overview
- Exhibit 121: INEOS Group Holdings SA - Business segments
- Exhibit 122: INEOS Group Holdings SA - Key offerings
- Exhibit 123: INEOS Group Holdings SA - Segment focus
- 10.8 Occidental Petroleum Corp.
- Exhibit 124: Occidental Petroleum Corp. - Overview
- Exhibit 125: Occidental Petroleum Corp. - Business segments
- Exhibit 126: Occidental Petroleum Corp. - Key offerings
- Exhibit 127: Occidental Petroleum Corp. - Segment focus
- 10.9 Olin Corp.
- Exhibit 128: Olin Corp. - Overview
- Exhibit 129: Olin Corp. - Business segments
- Exhibit 130: Olin Corp. - Key offerings
- Exhibit 131: Olin Corp. - Segment focus
- 10.10 RAG Stiftung
- Exhibit 132: RAG Stiftung - Overview
- Exhibit 133: RAG Stiftung - Product / Service
- Exhibit 134: RAG Stiftung - Key offerings
- 10.11 Superior Plus Corp.
- Exhibit 135: Superior Plus Corp. - Overview
- Exhibit 136: Superior Plus Corp. - Business segments
- Exhibit 137: Superior Plus Corp. - Key offerings
- Exhibit 138: Superior Plus Corp. - Segment focus
- 10.12 UNID Co. Ltd.
- Exhibit 139: UNID Co. Ltd. - Overview
- Exhibit 140: UNID Co. Ltd. - Product / Service
- Exhibit 141: UNID Co. Ltd. - Key offerings
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 142: Inclusions checklist
- Exhibit 143: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 144: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 145: Research methodology
- Exhibit 146: Validation techniques employed for market sizing
- Exhibit 147: Information sources
- 11.5 List of abbreviations
- Exhibit 148: List of abbreviations
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