Press release
Potassium Sulfate Market SWOT Analysis by Key Players: 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 H
In terms of production side, this report researches the Potassium Sulfate capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Potassium Sulfate by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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. 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.
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.
The Potassium Sulfate market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, 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.
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This report includes the following manufacturers; we can also add the other companies as you want.
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
Market Segment by Product Type
Granule
Powder
Market Segment by Application
Agriculture
Industrial
Other
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