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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- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
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