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

Potassium Hydroxide Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 - 2019 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. 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 Asia Pacific. North America is the second largest geographical segment in terms of consumption for potassium hydroxide. Latin American countries are expected to drive the demand for potassium hydroxide in the RoW segment. Demand for potassium hydroxide in Russia and Eastern European region is also expected to foresee high growth during the forecast period. Some of the major players in the potassium hydroxide market include The Mosaic Company, Armand Products, Haifa Chemicals Ltd., ICL Fertilizers, Occidental Chemical Corporation, JSC Uralkali, Qinghai Salt Late Potash Co., Ltd and PotashCorp among others. This...