Japan Caustic Potash Market Size 2022-2027: Industry Trends, Share and Forecast
According to the latest report by IMARC Group, titled, “Japan Caustic Potash Market Size: Industry Trends, Share, Growth, Opportunity and Forecast 2022-2027 ", The Japan caustic potash market is expected to exhibit a CAGR of 3.30% during 2022-2027.
Caustic potash (KOH), commonly known as potassium hydroxide, is an alkaline inorganic compound produced through the electrolysis of potassium chloride solution. It is mainly available in the flake, solid, powder, pellet, and liquid variants. Caustic potash is utilized to produce hairsprays, lotions, detergents, photographic chemicals, fertilizers, etc. Compared to the traditionally-used caustic soda, it exhibits higher solubility and generates more heat when dissolved in alcohol or water. As a result, caustic potash finds widespread applications in cleaning, sanitizing, and manufacturing potassium phosphate, carbonate, chemicals, agricultural fertilizers, etc.
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Trends
The escalating product demand as a thickening agent, stabilizer, and pH
adjuster to prolong the shelf-life of food items is among the primary factors
driving the Japan caustic potash market. Besides this, the elevating
requirement for this substance as a cleaning agent in soaps, detergents, and
commercial cleaners is further augmenting the market growth. Apart from this,
the growing popularity of membrane cell technology for obtaining enhanced
purity of caustic potash is also catalyzing the market across Japan. Moreover,
the rising product need in the agriculture industry to improve root strength,
yield, and nutrient absorption of the crops is acting as another significant
growth-inducing factor. Furthermore, the increasing usage of this substance to
examine fungi and fungal elements in the hair, skin, and nails is expected to
bolster the Japan caustic potash market in the coming years.
Note: We are regularly tracking the
direct effect of COVID-19 on the market, along with the indirect influence of
associated industries. These observations will be integrated into the report.
Competitive
Landscape:
·
The
competitive landscape of the industry has also been examined along with the
profiles of the key players.
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Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/japan-caustic-potash-market
The report has segmented the market based on
form, grade and end use.
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:
·
Kanto
Region
·
Kinki
Region
·
Central/
Chubu Region
·
Kyushu-Okinawa
Region
·
Tohoku
Region
·
Chugoku
Region
·
Hokkaido
Region
·
Shikoku
Region
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