Potassium Sulphate Market 2021: Global Industry Analysis Report to 2027
The global potassium sulphate market is anticipated to grow at a considerable CAGR of 9.2% during the forecast period (2021-2027). The advancement of the potassium sulphate production process is significantly supporting the growth of the market. For instance, a research paper was published on ResearchGate GmbH, according to which potassium sulphate can be prepared from phosphogypsum in the system of ethanol and ammonia. The optimum conditions were obtained through the reaction of 6% ethanol concentration of 25% ammonia solution at a temperature of 25 °C and a time of 1.5 hours. Such research is expected to further fuel the growth of the potassium sulphate market as it optimizes the production process.
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Potassium Sulphate is majorly used as a fertilizer in the
agriculture industry. The governments across the globe are also supporting
significantly by providing subsidiaries to the farmers for fertilizers to
increase their yield. Such government initiatives will also propel the growth
of the potassium sulphate market.
Market Coverage
•
The market number available for – 2020-2027
•
Base year- 2020
•
Forecast period- 2021-2027
Segment Covered-
•
By Form
•
By Manufacturing Process
•
By Application
Regions Covered-
·
North America
·
Europe
·
Asia-Pacific
·
Rest of the World
Competitive Landscape- including
China Ching Shiang Chemical Co. Ltd., K+S AG, SOPerior Fertilizer Corp., Qing
Shang Chemical, Akash Purochem Pvt Ltd., HELM AG, Yara International ASA, and
others.
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Global Potassium Sulphate Market Report Segment
By Form
• Solid
• Liquid
By Manufacturing Process
• Mannheim
Process
• Salt
Brine
• Potash/Sulphate
Reaction
By Application
• Agriculture
• Pharmaceuticals
• Cosmetics
• Food
& Beverages
• Others
Global Potassium Sulphate Market Report Segment by Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of the World
·
Latin America
·
Middle East & Africa
Company Profiles
·
Akash Purochem Pvt Ltd.
·
China Ching Shiang Chemical Co. Ltd.
·
Compass Minerals International Inc.
·
Gadot Biochemical Industries Ltd.
·
GUJARAT AGRI-CHEM INDUSTRIES PVT. LTD.
·
HELM AG
·
Intrepid Potash, Inc.
·
K+S AG
·
Migao Corp.
·
Mosaic
·
Nutrien Ltd.
·
Qing Shang Chemical
·
Qingdao Hisea Chem Co, Ltd.
·
SDIC Xinjiang Luobupo Potash Co. Ltd.
·
SESODA CORP.
·
SOPerior Fertilizer Corp.
·
SQM S.A.
·
Tessenderlo Group
·
United Co. RUSAL Plc
·
Yara International ASA
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