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Potassium Sulfate Market SWOT Analysis To 2027 Lead By China Ching Shiang Chemical, K+S KALI GmbH, Kemira Kemi AB, Migao, SESODA, SQM, Tessenderlo Group

09-11-2020 04:06 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

Potassium Sulfate Market

Potassium Sulfate Market

Potassium Sulphate is basically known as sulfate of potash (SOP). It contains 100% natural nutrients, providing high nutrition mainly to crops. Sodium Sulphate is produced from orcha, Manheim, and lake brines processes, among which Manheim process is widely opted across the globe and is used for commercial production. Potassium Sulphate (K2SO4) is also known as a non-flammable white crystalline salt that is highly soluble in water. Potassium Sulphate is further used in the agricultural field as a fertilizer for covering deficiencies of potassium and Sulfur. In addition to that, the crude salt of potassium Sulfate is used in the manufacturing of glass. It is utilized in the food industry and is implemented by the Food and Drug Administration (FDA) too.

The report aims to provide an overview Potassium Sulfate market with detailed market segmentation as of form, application, manufacturing process and geography. The global Potassium Sulfate market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Potassium Sulfate market players and offers key trends and opportunities in the Potassium Sulfate market.

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The List of Companies:

• China Ching Shiang Chemical Co. Ltd
• K+S KALI GmbH
• Kemira Kemi AB
• Migao Corporation
• SDIC Xinjiang Luobupo Potash Company Limited
• SESODA Corporation
• SQM
• Tessenderlo Group
• The Mosaic Company
• Yara International ASA

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global potassium sulfate market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The potassium sulfate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The potassium sulfate market has witnessed a significant growth owing to factors such as wider application in agriculture, industrial, pharmaceuticals, personal care and cosmetics, foods, and others. Moreover, the market is further growing and is incorporated in different sectors, including food & beverages and pharmaceuticals for industrial along with other purposes. Potassium sulfate is further known as an electrolyte that helps in maintaining a healthy balance of fluids inside the body. Potassium Sulphate is driving its usage in the pharmaceutical sector. However, regulations on the raw materials and availability of substitute products may hamper the growth of the potassium sulfate market. Nevertheless, with the steady growth in the food processing industry and the chemical industry, there are opportunities for the market players to invest in this market.

The global potassium sulfate market is segmented on the basis of form, application, and manufacturing process. On the basis of form, the potassium sulfate market is segmented into granular¸ powder, and liquid. The potassium sulfate market on the basis of the application is classified into agriculture, industrial, pharmaceuticals, personal care and cosmetics, foods, and others. On the basis of manufacturing process, global potassium sulfate market is bifurcated into mannheim process, sulfate salts reaction, brine processing, and others.

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The Insight Partners
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About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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