According to the latest report by IMARC Group, titled “India Caustic Potash Market Size: Industry Trends, Share, Growth, Opportunity and Forecast 2021-2026,” the market is expected to continue its moderate growth during the forecast period (2021-2026).
Caustic potash (KOH), also known as
potassium hydroxide, refers to an inorganic alkaline compound commonly used as a cleaning and
sanitizing agent. It is manufactured by electrolyzing aqueous potassium
chloride solution and is widely used in detergents, soaps, hairsprays, dyes,
molten salts, photographic chemicals and fertilizers. Caustic potash is
available in different forms, such as solid, pellets, flakes, liquid and
powders and is also used for stabilizing skincare products. In comparison to
the traditionally used caustic soda, caustic potash exhibits higher solubility
in water and maintains the pH levels effectively.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
India Caustic Potash Market Trends:
The India caustic potash market is
primarily being driven by the widespread product utilization in the agriculture
industry to improve crop productivity and meet the rising food requirements in
the country. Moreover, the increasing product adoption as a cleaning
agent in wineries to remove the biofilms of bacteria and yeast inside the tanks is favoring the market growth.
Caustic potash is also widely used in the food and beverage industry as a
stabilizer,
thickening
agent and pH adjuster to extend the shelf life of products, which is favoring
the market growth. Other factors, including the utilization of caustic potash
in microscopic visualization of fungi, and the development of KOH-based
fertilizers, are anticipated to drive the market toward growth across the
country.
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India Caustic Potash Market 2021-2026 Analysis and Segmentation:
Breakup by Form:
- Solid
- Liquid
Breakup by Grade:
- Industrial
- Reagent
- Pharma
Breakup by End Use:
- Potassium
Carbonate
- Potassium
Phosphates
- Potassium
Soaps and Detergents
- Liquid
Fertilizers
- Agricultural
Chemicals
- Others
Breakup by Region:
- North
India
- West
and Central India
- South
India
- East
India
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List of Figure: https://www.imarcgroup.com/india-caustic-potash-market
Key highlights of the report:
- Market
Performance (2015-2020)
- Market
Outlook (2021-2026)
- Porter’s
Five Forces Analysis
- Market
Drivers and Success Factors
- SWOT
Analysis
- Value
Chain
- Comprehensive
Mapping of the Competitive Landscape
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of the report, we can provide it to you as a part of the customization.
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