How is China's potassium hydroxide capacity landscape shifting?

How is China's potassium hydroxide capacity landscape shifting?
China's KOH sector is consolidating around a few large players. Korean UNID operates 320,000 t/y across two Jiangsu plants, while Qinghai Huixin acquired 420,000 t/y of assets from the Salt Lake restructuring. Sanfu shares expanded to 120,000 t/y and produced 140,900 tons in 2025, up 78% year-on-year, with sales prices rising 15.4%. However, policy restricts new single-line capacity below 50,000 t/y, effectively barring small entrants. This favors integrated producers who recycle chlorine and hydrogen back into silicones or hydrochloric acid, improving margins. The market is moving toward fewer, larger, and more vertically integrated suppliers.