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Potassium Hydroxide Market size is projected to reach USD 2952.3 Million by 2028 with a CAGR of 1.4%- Valuates Reports

08-04-2022 07:16 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Potassium Hydroxide Market size is projected to reach USD 2952.3

The Global Potassium Hydroxide Market size is estimated to be worth USD 2716 Million in 2022 and is projected to reach USD 2952.3 Million by 2028 with a CAGR of 1.4% during the forecast period.

Key drivers of the potassium hydroxide market include increasing use as a raw material in the chemical industry.

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The pharmaceutical industry is a major contributor to the growth of the potassium hydroxide market. It is used extensively for manufacturing drugs as a chemical reagent.

Moreover, the light and dye industry will create increasing demand for potassium hydroxide thereby driving the market growth during the forecast period.

Based on type, the solid potassium hydroxide segment is expected to provide lucrative opportunities for growth in the potassium hydroxide market share as it has widespread application in light, dye, chemical, pharmaceutical industry, etc.

Based on region, Asia-Pacific is expected to dominate in the potassium hydroxide market share due to rapid urbanization. China is the leading country at a share of 36% followed by the US at 28%.

The authors of this research report have explored the key segments: Type and Application. The report offers an in-depth breakdown of type and application segments and their sub-segments. The lucrativeness and growth potential have been looked into by the industry experts in this report. This section of the report also provides sales and revenue forecast data by type and application segments based on sales, price, and revenue for the period 2017-2028. The specialists, to broaden the understanding of the users, have done value chain and raw material analysis in this section.

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Potassium Hydroxide Market Segment By Type
➣Solid Potassium Hydroxide
➣Liquid Potassium Hydroxide

Potassium Hydroxide Market Segment By Application
➣Chemical Raw Material Potassium
➣Pharmaceutical Industry
➣Light Industry
➣Dye Industry
➣Denka Industry
➣Others

Production By Region
➣North America
➣United States
➣Canada
➣Europe
➣Germany
➣France
➣UK
➣Italy
➣Russia
➣Nordic Countries
➣Rest of Europe
➣Asia-Pacific
➣China
➣Japan
➣South Korea
➣Southeast Asia
➣India
➣Australia
➣Rest of Asia
➣Latin America
➣Mexico
➣Brazil
➣Rest of Latin America
➣Middle East & Africa
➣Turkey
➣Saudi Arabia
➣UAE
➣Rest of MEA

The Key Players of Potassium Hydroxide Market are:-
➣OxyChem
➣UNID
➣Tessenderlo chemie
➣Olin Chlor Alkali
➣ERCO Worldwide
➣Asahi Glass (AGC)
➣Potasse and Produits Chimiques SAS (PPC)
➣Pan-Americana S.A.
➣Ercros
➣Albemarle
➣ICL
➣Altair Chimica
➣Inner Mongolia Rida Taifeng Chemical
➣QingHai Salt Lake Industry Group
➣Chengdu Huarong Chemical
➣Tssunfar
➣Xinxiang Shenma Zhenghua Chemical
➣Chengdu Chemical
➣Tianjin Longyuan Chemical
➣Jiangxi Zhangfeng Chemical
➣Taizhou Mingguang Chemical

Similar Reports-

Food Grade Potassium Hydroxide:- https://reports.valuates.com/market-reports/QYRE-Auto-37T6398/global-food-grade-potassium-hydroxide-sales

Industrial Grade Potassium Hydroxide:- https://reports.valuates.com/market-reports/QYRE-Auto-38Z6340/global-industrial-grade-potassium-hydroxide-sales

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