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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