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The North America caustic potash market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 3.5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Caustic potash (KOH), also known as potassium hydrate and potassium hydroxide, is a strong alkaline chemical. The brine prepared from potassium chloride and water is electrolyzed by mercury/membrane/diaphragm-based cells to produce caustic potash. It is available for commercial purpose in several forms namely flakes, briquettes, crystal and distinctively concentrated solutions. Caustic potash is widely used in the electronics industry and in manufacturing phosphates, soaps and detergents, liquid fertilizers, neutralization agents, etc.
North America is one of the biggest producers of caustic potash in the world. Caustic soda is majorly utilized in the production of potassium carbonate which is primarily used in manufacturing specialty glasses, vat dyeing and textile printing, fire extinguisher powder and in water treatment chemicals. Rapid globalization and new product innovations are expected to increase the demand for caustic potash in the region.
IMARC Group provides an analysis of the key trends in each sub-segment of the North America caustic potash market, along with forecasts at the regional and country level from 2021-2026. Our report has categorized the market based on end use, form and grade.
IMARC Group’s latest report provides a deep insight into the North America caustic potash market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America caustic potash market in any manner.
|Base Year of the Analysis||2020|
|Segment Coverage||End Use, Form, Grad, Country|
|Countries Covered||United States, Canada, Mexico|
|Customization Scope||10% Free Customization|
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