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Potassium Sulfate Market Rising Demand 2018 - Industry Growth Rate, Share and Forecasts to 2025

09-05-2018 03:22 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsnReports

This study categorizes the global Potassium Sulfate breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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This report researches the worldwide Potassium Sulfate market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions.

Potassium Sulfate (K2SO4, commonly referred to as sulfate of potash or SOP) is a water soluble, white and crystalline salt. Potassium Sulfate is the world's most popular low-chloride fertilizer.
The Potassium Sulfate industry concentration is relatively high. The manufacturing bases are mainly concentrated in USA, Chile, China and Europe.

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In 2015, the leading manufacturers are K+S Group from Germany, Tessenderlo Group from Belgium, Compass Minerals from USA, SQM from Chile, YARA from Finland, Rusal from Russia, Sesoda from Taiwan, and five Chinese producers such as Guotou Xinjiang LuoBuPo Potassium Salt, Qing Shang Chemical, Migao Group, Qinghai CITIC Guoan Technology, and AVIC International Holding.

For manufacturing process of Potassium Sulfate, the most important manufacturing process is Mannheim process, MOP & Kieserite Process and brines (salt lakes) processing, respectively accounted for 51.18%, 20.26% and 28.56% in 2015. The manufacturers who adopt the brines (salt lakes) processing to produce Potassium Sulfate have advantages in manufacturing cost over other manufacturers who adopt the other manufacturing process.

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The downstream demand was relatively stable in the past five years, and it will keep the growth trend in the future five years, because of it has been a must to some crops which are particularly sensitive to chlorine, such as potatoes, fruits, vegetables and tobacco. Although the price changed frequently, it is expected that the price will keep a slow downward trend in future due to excess capacity.

Global Potassium Sulfate market size will increase to xx Million US$ by 2025, from xx Million US$ in 2017, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Potassium Sulfate.

The following manufacturers are covered in this report K+S Group, Tessenderlo Group, Compass, Minerals, SQM, YARA, Rusal, Sesoda, Guotou Xinjiang LuoBuPo Potassium Salt, Qing Shang Chemical, Migao Group, Qinghai CITIC Guoan Technology, AVIC International Holding, Gansu Xinchuan Fertilizer, Shijiazhuang Hehe Chemical Fertilizer, Shandong Lianmeng Chemical Group, Yantai Qifund Chemical, Liaoning Xinshui Chemical, Wuxi Yangheng Chemical.

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The study objectives are:
- To analyze and research the global Potassium Sulfate capacity, production, value, consumption, status and forecast;
- To focus on the key Potassium Sulfate manufacturers and study the capacity, production, value, market share and development plans in next few years.
- To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
- To define, describe and forecast the market by type, application and region.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting the market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.

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