The Europe caustic potash market size reached US$ 421.2 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 539.5 Million by 2032, exhibiting a growth rate (CAGR) of 2.71% during 2024-2032.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 421.2 Million |
Market Forecast in 2032
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US$ 539.5 Million |
Market Growth Rate (2024-2032) | 2.71% |
Caustic potash is an extremely versatile and strong alkaline chemical manufactured by the electrolysis of brine. The brine is prepared from potassium chloride and water or by mercury, membrane or diaphragm-based cells. Caustic potash is available as a solution or solid (flakes, crystals, and briquettes) with varying concentrations. It is commonly used as a cleaning agent in household items such as liquid soaps, lotions, shampoos, hairsprays and denture cleaners. It is also used as stabilizers in commercially processed food, which helps in increasing the shelf-life of the product.
The Europe caustic potash market is primarily driven by its increasing applications in various end use industries like petroleum, paper, pharmaceutical, agriculture and consumer electronics. This has encouraged manufacturers to expand the caustic potash capacities across various countries in Europe. For instance, Evonik and AkzoNobel have commenced a joint venture in Germany with the production facility of 120,000 tons of caustic potash per annum. Similarly, INOVYN has established a new production facility of caustic potash in Antwerp. Moreover, the utilization of caustic potash as a thickening agent for processing chocolate, cocoa, soft drinks and ice cream is significantly impacting the market across the region.
IMARC Group provides an analysis of the key trends in each segment of the Europe caustic potash market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on form, grade and end use.
Breakup by Form:
Breakup by Grade:
Breakup by End Use:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Million |
Scope of the Report
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Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
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Forms Covered | Solid, Liquid |
Grades Covered | Industrial, Reagent, Pharma |
End Uses Covered | Potassium Carbonate, Potassium Phosphates, Potassium Soaps and Detergents, Liquid Fertilizers, Agricultural Chemicals, Others |
Countries Covered | Germany, France, United Kingdom, Italy, Spain, Others |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |