"Innovative Market Solutions to Help Businesses Make Informed Decisions"

Potassium Sulfate Market Size, Share & Industry Analysis, By Form (Solid and Liquid), By End-Use Industry (Pharmaceuticals, Industrial, Agriculture, Food & Beverages, Cosmetics and Other) and Regional Forecast, 2022-2029

Region : Global | Report ID: FBI105105 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Potassium Sulfate also called as sulfate of potash and archanite with chemical formula K2SO4 is white colored water soluble inorganic salt. It is pre-dominantly used in agrochemicals like fertilizers to provide potassium and sulfur. Naturally it is derived from kainite, Arcanite, Leonite, and others. it is produced Orcha, Lake Brines and Manheim’s process of which manheim’s process is used for the commercial production of potassium sulfate.


Increasing demand for agrochemicals from various countries shall drive the regional market. various initiatives undertaken by government for boosting the agricultural yield shall positively impact the market. additionally, increasing demand for potassium sulfate from glass industry shall boost the market growth.


However, increasing awareness regarding advantages of organic fertilizers and agrochemicals is shifting the preferences of farmers towards organic farming. This shall hamper market.


Key Market Driver -

Growing demand of agrochemicals.

Key Market Restraint -

Increasing awareness regarding use of organic fertilizers.


Market Segmentation:


Based on form, the market is segmented into solid & liquid. Based on end-use industry, market is segmented into pharmaceuticals, industrial, agriculture, food & beverages, cosmetics, and others.


From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.


Key Players Covered:


The global potassium sulfate market consists of global & regional players operating. Some of the key players in the market include Tessenderlo Group, Compass Minerals International Inc., Sesoda Corporation, Interpid Potash, Inc, Migao Corporation, Yara International ASA, and others.


Key Insights



  • New Advancements in Production Technologies

  • Key Trends in the Potassium Sulfate Market

  • New Product Launches, Expansions, Key Players

  • Ranking of Key Players in the Market


Regional Analysis:


The market has been segmented. into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific held the largest share in terms of value in 209 and is expected to be the fastest growing market. increasing population and substantial increase in demand for food crops in turn shall drive the demand for potassium sulfate. North America is expected to hold significant share in attributed to the increasing demand for fertilizers. Europe shall grow considerably due to the increasing demand for potassium sulfate from pharmaceutical and industrial application Latin America and Middle East & Africa shall exhibit sluggish growth by the end of forecast period


To gain extensive insights into the market, Request for Customization


Segmentation






















 ATTRIBUTE


  DETAILS

By Form




  • Solid

  • Liquid



By End-Use Industry




  • Pharmaceuticals

  • Industrial

  • Agriculture

  • Food & Beverages

  • Cosmetics

  • Others



By Geography




  • North America (U.S., and Canada)

  • Europe (Germany, UK, France, Italy, and Rest of Europe)

  • Asia Pacific (China, India, Japan, and Rest of Asia Pacific)

  • Latin America (Mexico, Brazil, and Rest of Latin America)

  • Middle East & Africa (UAE, South Africa, and Rest of Middle East & Africa)



Potassium Sulfate Industry Developments



  • In December 2020, Interpid Potash provided updates to the Potash and Trio pricing for 2021.

  • In September 2020, Tessenderlo Kerley, and Van Iperen International signed a long term distribution agreement to sell the top quality potassium sulfate produced at Kemira’s plant.


  • Ongoing
  • 2021
  • 2018-2020

    CHOOSE LICENSE TYPE

  • $4850
    $5850
    $7850
    Pre Book

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Chemicals & Materials Clients

LG Chem
Citibank
3M
GM
Mobil

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X