Cesium Hydroxide (CsOH) is a chemical compound consisting of cesium ions and hydroxide ions. It is a water-soluble source of cesium and is typically found in any of several hydrate forms. The cesium element is mostly extracted either from the lepidolite or pollucite ore. It has limited applications owing to its high volatility and reactivity. Furthermore, it is extremely hygroscopic and a strong base, powerful enough to corrode through glass.
Cesium Hydroxide is majorly used as an etchant for highly doped semiconductors cleaning in an electronics industry owing to its high reactivity. It is also used as an electrolyte in electrical storage batteries. Cesium hydroxide further finds application in chemicals industry as a catalyst in the polymerization of cyclic siloxanes and prepare cesium 4-methyl benzenesulfonate. Additionally, cesium hydroxide can efficiently catalyze the addition of alcohols, substituted anilines, and heterocyclic amines to phenylacetylene to compensate for substituted enol ethers and enamines. Furthermore, cesium hydroxide is used to make porous cesium titanosilicates, a potential ion-exchange material for cleanup of radioactive wastes.
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The Global Cesium Hydroxide Market has experienced stable growth over the past few years. Increasing demand for electronics due to rising purchasing power of consumers across the globe is expected to drive the Global Cesium Hydroxide Market during the forecast period, 2018–2023. Asia Pacific is likely to be the major contributor to the product market owing to the presence of the strong electronics industry base in countries such as Japan, Taiwan, South Korea, and China among others.
However, high extraction cost of cesium coupled with its extreme properties such as high reactivity, volatility, and hygroscopicity are estimated to negatively affect the market growth to some extent. Furthermore, health hazards associated with the inhalation, ingestion, and long-term exposure of cesium hydroxide are likely to affect the market growth negetively during the forecast period.
Market Segmentation
The Global Cesium Hydroxide Market is segmented by Source, Application, End-Use Industry, and Region.
On the basis of the Source, the Global Cesium Hydroxide Market is segmented into lepidolite, pollucite, and others.
On the basis of the Application, the Global Cesium Hydroxide Market is segmented into etchant, electrolyte, catalyst, and others.
On the basis of the End-Use Industry, the Global Cesium Hydroxide Market is segmented into electronics, chemical, and others.
On the basis of the Region, the Global Cesium Hydroxide Market is segmented into Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Regional Analysis
The Global Cesium Hydroxide Market is segmented into five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa.
Asia Pacific dominated the Global Cesium Hydroxide Market in 2017 and is expected to show a significant demand during the forecast period, 2018–2023. Growing electronics market in emerging economies due to rising consumer disposable income is likely to contribute considerably to the growth of the product market in the electronics industry. Furthermore, growing chemical industries due to relaxed investment norms, low production cost, and cheap labor is driving the product demand for manufacturing of polymer and other chemicals.
Europe was the second leading region in the global cesium hydroxide market in 2017 and is expected to show high growth during the forecast period. Growing microelectronics industry in Germany is likely to be the major consumer of the Cesium Hydroxide Market.
North America is expected to witness a steady demand for Cesium Hydroxide during the forecast period. Significant growth in the consumer electronics industry is likely to drive the demand for cesium hydroxide to a large extent.
The Middle East & Africa and Latin America are likely to experience sluggish demand for cesium hydroxide on account of limited applications of cesium hydroxide in this region.
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