Potassium Sulfate for Industrial Market Top Key Players, Business Trends and Forecast to 2026
The Global Potassium Sulfate for Industrial Market was valued at USD 4 billion in 2018 and is expected to reach USD 6 billion in 2026. This report on the Potassium Sulfate for Industrial Market focuses on all essential factors such as the size, share, demand, growth, gross profits, earnings, and revenue to evaluate the rise of the industry in the future. It assesses the data gathered from the past years 2016 and 2017 to give an extensive view of the trends and predicts the possible rise of the industry during the years 2019 to 2026 while considering 2018 as the base year.
Potassium sulfate, also known as potash of sulfate, is a white water-soluble solid, which is widely used in fertilizers. It contains a high amount of natural nutrients and does not contain any chloride, making it highly nutritious for the crops. It is mainly preferred for crops such as tobacco, some fruits, and vegetables. Potassium sulfate is used across various sectors such as agriculture, industrial, pharmaceutical, cosmetics, foods, and other industries. It is used as a weighing agent in the oil & gas industry. The crude salt of potassium sulfate is also used in the manufacturing of glass.
Top Companies Operating in the Global Potassium Sulfate for Industrial Market:
- K+S KALI GmbH
- Compass Minerals International Inc.
- SESODA
- Tessenderlo Group
- SQM S.A.
- RUSAL
- SDIC Xinjiang Luobupo Potash Co. Ltd.
- Yara International ASA
- Migao Corporation
- The Mosaic Company
- China Ching Shiang Chemical Co. Ltd.
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Major Factors Contributing to the Global Materials and Chemicals Market Revenue Growth
The global materials & chemicals market revenue growth is primarily attributed to factors such as fast-paced industrialization across the globe, rising demand for essential consumer goods (including packaged foods & beverages, personal care & cosmetic products, and household hygiene products), and increasing applications of raw materials and chemicals in a wide range of industries including the buildings & construction, food & beverage, pharmaceutical, agriculture, and textile industries. Other important factors contributing to the global market revenue growth are increasing industrial applications of specialty chemicals, growing use of high-performance, organic agrochemicals in the agriculture industry, rising environmental concerns among the population, growing need for environmentally friendly and sustainable raw materials and chemicals, and increasing government investments in the materials & chemicals industry.
Table of Contents:
1. Report Overview
1.1 Research Scope
1.2 Key Potassium Sulfate for Industrial Market segments
1.3 Major players
1.4 Market analysis by product type
1.5 Market analysis by application
1.6 Report timeline
2. Global Growth Trends
2.1 Global Potassium Sulfate for Industrial Market size
2.2 Latest regional market trends
2.3 Emerging growth trends
3. Competitive Outlook
3.1 Global Potassium Sulfate for Industrial Market key players
3.2 Global Potassium Sulfate size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Potassium Sulfate for Industrial Market
3.5 Mergers, acquisitions, joint ventures, and other strategic alliances
Read full Report Description @ https://www.reportsanddata.com/report-detail/potassium-sulfate-market
Key Regional Markets Covered in the Report:
· North America (U.S.A., Canada, Mexico)
· Europe (Italy, U.K., Germany, France, Rest of Europe)
· Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
· Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Potassium Sulfate for Industrial Market Segmentation
Market segment based on Manufacturing Process:
- Mannheim Process
- Sulfate salts reaction
- Brine Processing
- Others
Market segment based on Application:
- Agriculture
- Industrial
- Pharmaceutical
- Cosmetics
- Foods
- Others
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