Various Trends, Drivers, Restraints in potassium carbonate in laundry detergent market

Global potassium carbonate in laundry detergent market was valued at nearly US$ 0.05 Bn in 2017, and is expected to register a CAGR of 2.9%. The global potassium carbonate in laundry detergent market is segmented on the basis of region.

Driving factors of the target market includes, benefits associated with use of potassium carbonate in laundry detergent such as laundry detergents produced by using potassium carbonate have characteristics that are different from that of substitute products such as sodium carbonate, which is most widely used in laundry detergents.

Among the regions, the market in North America is estimated to account for major revenue share of over 30% in the global potassium carbonate in laundry detergent market in 2017, and is estimated to continue its dominance over the forecast period.

The market in Asia Pacific accounts for around 27% revenue share in global market. The Asia Pacific potassium carbonate in laundry detergent market is expected to witness highest growth in terms of revenue in the global market over the forecast period.

The market in Latin America accounts for around 6% revenue share in global market. Increasing focus on market penetration of liquid detergent by leading players of laundry detergent is expected to support growth of the Latin America potassium carbonate in laundry detergent market in the forecast period.

The market in Middle East & South Africa accounted for the lowest share in the global potassium carbonate in laundry detergent market in terms of revenue.

The potassium carbonate in laundry detergent market in North America is estimated to account for major revenue share of US$ 20.5 Mn in 2017,

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The report also offers insightful and detailed information regarding the various key players operating in the global potassium carbonate in laundry detergent market, and their financials, apart from strategies, acquisitions & mergers, and market footprint.

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