Potassium Hydroxide is an inorganic chemical compound commonly referred to as lye is a strong base. It is also called caustic potash. It has a substantial chemical and industrial role. Due to its alkaline nature, it is marketed in several forms like flakes, powder, and even pellets. It has an appearance of a clear solution in its aqueous form. It is slightly soluble in ether but freely soluble in water and glycerin. Although it is not combustible but highly incisive/corrosive.