Global Potassium Sulphate Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

SKU ID : GIR-22275493 | Publishing Date : 01-Jan-2023 | No. of pages : 120

Potassium sulphate (K2SO4, commonly referred to as sulfate of potash or SOP) is a water soluble, white and crystalline salt. Potassium sulphate is the world's most popular low-chloride fertilizer.

According to our Researcher latest study, the global Potassium Sulphate market size was valued at USD 4108.6 million in 2022 and is forecast to a readjusted size of USD 4785 million by 2029 with a CAGR of 2.2% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The major players in global Sulfate of Potash market include K+S Group, Guotou Xinjiang LuoBuPo Potassium Salt, Tessenderlo Group, etc. The top 3 players occupy about 45% shares of the global market. Asia-Pacific and Europe are main markets, they occupy about 80% of the global market. Powder SOP is the main type, with a share about 70%. Agricultural is the main application, which holds a share about 90%.

This report is a detailed and comprehensive analysis for global Potassium Sulphate market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global Potassium Sulphate market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2018-2029

Global Potassium Sulphate market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2018-2029

Global Potassium Sulphate market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2018-2029

Global Potassium Sulphate market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (US$/MT), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Potassium Sulphate

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Potassium Sulphate market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include K+S Group, Tessenderlo Group, Compass Minerals, SQM and YARA, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

Potassium Sulphate market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type

Powder SOP

Granular SOP

Market segment by Application

Agricultural

Industrial

Others

Major players

covered

K+S Group

Tessenderlo Group

Compass Minerals

SQM

YARA

Rusal

Sesoda

Archean Group

Guotou Xinjiang LuoBuPo Potassium Salt

Qing Shang Chemical

Migao Group

Qinghai CITIC Guoan Technology

Gansu Xinchuan Fertilizer

Evergrow

AVIC International Holding

Wuxi Yangheng Chemical

Shijiazhuang Hehe Chemical Fertilizer

Shandong Lianmeng Chemical Group

Yantai Qifund Chemical

Liaoning Xinshui Chemical

Market segment by region, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:



Chapter 1, to describe Potassium Sulphate product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Potassium Sulphate, with price, sales, revenue and global market share of Potassium Sulphate from 2018 to 2023.

Chapter 3, the Potassium Sulphate competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Potassium Sulphate breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Potassium Sulphate market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of Potassium Sulphate.

Chapter 14 and 15, to describe Potassium Sulphate sales channel, distributors, customers, research findings and conclusion.

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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