Potassium hydroxide has wide application fields and broad room for industry development.

Potassium hydroxide, also known as caustic potassium, has a chemical formula of KOH and a molecular weight of 56.1. It is an important chemical product and is a white powder or flake solid at room temperature. Potassium hydroxide is highly alkaline, highly corrosive, has a high melting point, and is easily soluble in water. It is mainly used as a raw material for the production of potassium salts and is also used in electronics, cosmetics, advanced detergents, advanced alkaline batteries, food additives, etc. field.

According to the “China Potassium Hydroxide Industry Market Monitoring and Future Development Prospects Research Report 2022-2026” released by the Industrial Research Center , in recent years, the domestic potassium hydroxide market has increased in popularity and production capacity has continued to increase. In 2020, the domestic potassium hydroxide production capacity will be 1.267 million tons, a year-on-year increase of 1.9%. In the future, as domestic potassium hydroxide production resumes and new projects continue to increase, domestic potassium hydroxide production capacity will maintain a sustained growth trend. It is expected that domestic production capacity will be close to 1.600 million tons in 2023.

The upstream of the potassium hydroxide industry is suppliers of raw materials and production equipment, mainly including potassium chloride, potassium carbonate, barium chloride and other raw materials and production equipment such as conveyors, dryers, electrolyzers; the midstream is potassium hydroxide manufacturers, mainly Enterprises include Salt Lake Magnesium, Unilide, Ruida Taifeng, Changyi Haineng, Aoxiai, Huarong Chemical, Xinjinlu Group, etc.; the downstream is the application market, mainly including potassium salt, medicine, food, electronics, Textile, metallurgy, dyes, batteries, etc.

From the perspective of the downstream application market of the industrial chain, potassium salt is currently the largest application market for potassium hydroxide in China, and its consumption accounts for 46.2% of the total domestic potassium hydroxide market consumption. In recent years, affected by the epidemic, potassium hydroxide is used as raw material. The demand in the pharmaceutical market continues to expand, and the pharmaceutical field has become the second largest application market driving the continuous expansion of the domestic potassium hydroxide market, accounting for 20.3%; followed by the textile field, accounting for 13.3%; other application fields account for smaller More than 10%.

After development in recent years, the domestic potassium hydroxide industry is currently in a state of optimizing its production capacity structure. Small domestic companies with low technical levels and serious pollution are gradually withdrawing from the market, and the concentration of the domestic hydroxide oxidizer industry continues to increase. Salt Lake Magnesium Industry, Youliide, etc. are currently the leading companies in the domestic potassium hydroxide industry. In the future, as domestic leading companies continue to improve their production technology levels, they will play a leading role and lead the continuous development of the domestic potassium hydroxide industry.

Industry analysts personnel said that in recent years, driven by strong demand in the downstream application market of the domestic potassium hydroxide industry chain, domestic potassium hydroxide Production capacity continues to increase and the industry has good development prospects. China is the world’s largest consumer market for electronic products. Driven by market demand growth and strong domestic policy support, my country has become a new transfer destination for emerging industries such as semiconductors and photovoltaics. Against this background, the application fields of domestic potassium hydroxide will continue to expand in the future, market demand will continue to increase, and the industry still has considerable room for development.