According to the latest report by IMARC Group, titled “United States Caustic Potash Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the united states caustic potash market is expected to continue its steady growth during the forecast period (2021-2026).

Also known as potassium hydroxide (KOH), caustic potash is an alkaline compound made using the electrolysis of brine. It plays a quintessential role in the production of industrial chemicals, such as acetates, cyanides, potassium chloride, and permanganates and citrates. Moreover, as it is highly reactive and corrosive, it finds extensive applications in numerous industries of the United States, which rely on a strong chemical base to degrade materials.

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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.

Market Trends:

Potassium bicarbonate, which is obtained from caustic potash, is utilized as a major additive in the preparation of processed food products. The growing consumption of processed and canned food products represents one of the key factors driving the market in the US. Apart from this, caustic potash is also used as a de-icing agent on account of the harsh and prolonged winters in the country. This leads to considerable seasonal demand for caustic potash, which is offering lucrative growth opportunities to market players.

Breakup by Form:

SolidLiquid

Breakup by Grade:

IndustrialReagentPharma

Breakup by End User:

Potassium CarbonatePotassium PhosphatesPotassium Soaps and DetergentsLiquid FertilizersAgricultural ChemicalsOthers

Breakup by Region:

NortheastMidwestSouthWest

Competitive Landscape:

The report has also analysed the competitive landscape of the market along with the profiles of the key players.

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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.

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