Potassium Chlorate is a chemical compound with the formula KClO₃. It appears as a white crystalline solid and is commonly used in various applications, including as an oxidizing agent in fireworks and in the production of oxygen. It is soluble in water and can decompose when heated, releasing oxygen gas. In addition to its use in pyrotechnics, Potassium Chlorate is also utilized in laboratories and in the manufacture of certain types of explosives. However, it must be handled with care, as it can be hazardous if not stored or used properly, potentially leading to fire or explosion risks.