Potassium Sulphate Market Projected to Surpass $5.11 Billion by 2030, Fueled by Increasing Demand in Agriculture and Fertilizers

LOS ANGELES, United States: The global Potassium Sulphate market is expected to grow at a significant pace, reports QY Research. Its latest research report, titled "Global Potassium Sulphate Market Research Report 2024". offers a unique point of view about the global market. Analysts believe that the changing consumption patterns are expected to have a great influence on the overall market. For a brief overview of the global Potassium Sulphate market, the research report provides an executive summary. It explains the various factors that form an important element of the market. It includes the definition and the scope of the market with a detailed explanation of the market drivers, opportunities, restraints, and threats.

The global Potassium Sulphate market was valued at US$ 4198 million in 2023 and is anticipated to reach US$ 5110 million by 2030, witnessing a CAGR of 2.8% during the forecast period 2024-2030.

Get PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) https://www.qyresearch.com/sample/2110834

The global potassium sulphate market is highly concentrated, with major production hubs located in the U.S., Chile, China, and Europe. Key suppliers include major global firms such as Germany's K+S Group, Belgium's Tessenderlo Group, Compass Minerals from the U.S., Chilean company SQM, Finland's YARA, Russia's Rusal, and Taiwan's Sesoda. In China, leading manufacturers include Guotou Xinjiang Lop Nur Potash, Qinghai Salt Lake Potash, Migao Corporation, Citic Guoan Technology Development, Gansu Xinchuan Chemical, and Tangshan Sanfu Silicon. These companies dominate the domestic market, supported by significant demand for potassium fertilizers in Chinese agriculture.

Market Segmentation

Key Players Mentioned in the Global Potassium Sulphate Market Research Report: K+S Group, Tessenderlo Group, Compass Minerals, SQM, YARA, Rusal, Sesoda, Archean Group, Evergrow, Nfert, Guotou Xinjiang LuoBuPo Potassium Salt, Qing Shang Chemical, Migao Group, Qinghai CITIC Guoan Technology, Gansu Xinchuan Fertilizer, Tangshan Sanfu Silicon Industry, Anhui Guotai Chemical, Yantai Qifeng Chemical, Anhui Sert Fertilizer Industry

Global Potassium Sulphate Market, Segment by Type

Powder SOP

Granular SOP

Global Potassium Sulphate Market, Segment by Application

Agricultural

Industrial

Others

There are three primary production processes for potassium sulphate: the Mannheim process, sulfate reaction, and brine (salt lake) treatment. Among these, brine treatment offers a significant cost advantage, allowing manufacturers using this method to be more competitive in terms of production costs. Despite the growing adoption of brine technology, the Mannheim process remains widely used and holds a prominent position due to its efficiency and scalability. The global potassium sulphate market is expected to see steady growth, driven by the increasing demand for high-quality, chloride-free fertilizers, particularly in regions focusing on specialty crop cultivation and soil health improvement.

As the industry evolves, the focus on sustainable production processes and cost-effective manufacturing techniques will continue to shape market dynamics. Emerging markets, particularly in Asia-Pacific, will likely drive future demand for SOP, as agricultural practices in these regions shift toward more efficient and environmentally friendly fertilization options.

Request for customization in Report: https://www.qyresearch.com/reports/2110834/potassium-sulphate

Table of Content

1 Potassium Sulphate Market Overview
1.1 Product Definition
1.2 Potassium Sulphate by Type
1.2.1 Global Potassium Sulphate Market Value Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Powder SOP
1.2.3 Granular SOP
1.3 Potassium Sulphate by Application
1.3.1 Global Potassium Sulphate Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Agricultural
1.3.3 Industrial
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Potassium Sulphate Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Potassium Sulphate Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Potassium Sulphate Production Estimates and Forecasts (2019-2030)
1.4.4 Global Potassium Sulphate Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations

2 Market Competition by Manufacturers
2.1 Global Potassium Sulphate Production Market Share by Manufacturers (2019-2024)
2.2 Global Potassium Sulphate Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Potassium Sulphate, Industry Ranking, 2022 VS 2023
2.4 Global Potassium Sulphate Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Potassium Sulphate Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Potassium Sulphate, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Potassium Sulphate, Product Offered and Application
2.8 Global Key Manufacturers of Potassium Sulphate, Date of Enter into This Industry
2.9 Potassium Sulphate Market Competitive Situation and Trends
2.9.1 Potassium Sulphate Market Concentration Rate
2.9.2 Global 5 and 10 Largest Potassium Sulphate Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion

3 Potassium Sulphate Production by Region
3.1 Global Potassium Sulphate Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Potassium Sulphate Production Value by Region (2019-2030)
3.2.1 Global Potassium Sulphate Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Potassium Sulphate by Region (2025-2030)
3.3 Global Potassium Sulphate Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Potassium Sulphate Production by Region (2019-2030)
3.4.1 Global Potassium Sulphate Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Potassium Sulphate by Region (2025-2030)
3.5 Global Potassium Sulphate Market Price Analysis by Region (2019-2024)
3.6 Global Potassium Sulphate Production and Value, Year-over-Year Growth
3.6.1 North America Potassium Sulphate Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Potassium Sulphate Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Potassium Sulphate Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Potassium Sulphate Production Value Estimates and Forecasts (2019-2030)
3.6.5 India Potassium Sulphate Production Value Estimates and Forecasts (2019-2030)
3.6.6 Mid East & Africa Potassium Sulphate Production Value Estimates and Forecasts (2019-2030)

4 Potassium Sulphate Consumption by Region
4.1 Global Potassium Sulphate Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Potassium Sulphate Consumption by Region (2019-2030)
4.2.1 Global Potassium Sulphate Consumption by Region (2019-2030)
4.2.2 Global Potassium Sulphate Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Potassium Sulphate Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Potassium Sulphate Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Potassium Sulphate Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Potassium Sulphate Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Potassium Sulphate Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Potassium Sulphate Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Potassium Sulphate Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Potassium Sulphate Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries

5 Segment by Type
5.1 Global Potassium Sulphate Production by Type (2019-2030)
5.1.1 Global Potassium Sulphate Production by Type (2019-2024)
5.1.2 Global Potassium Sulphate Production by Type (2025-2030)
5.1.3 Global Potassium Sulphate Production Market Share by Type (2019-2030)
5.2 Global Potassium Sulphate Production Value by Type (2019-2030)
5.2.1 Global Potassium Sulphate Production Value by Type (2019-2024)
5.2.2 Global Potassium Sulphate Production Value by Type (2025-2030)
5.2.3 Global Potassium Sulphate Production Value Market Share by Type (2019-2030)
5.3 Global Potassium Sulphate Price by Type (2019-2030)

6 Segment by Application
6.1 Global Potassium Sulphate Production by Application (2019-2030)
6.1.1 Global Potassium Sulphate Production by Application (2019-2024)
6.1.2 Global Potassium Sulphate Production by Application (2025-2030)
6.1.3 Global Potassium Sulphate Production Market Share by Application (2019-2030)
6.2 Global Potassium Sulphate Production Value by Application (2019-2030)
6.2.1 Global Potassium Sulphate Production Value by Application (2019-2024)
6.2.2 Global Potassium Sulphate Production Value by Application (2025-2030)
6.2.3 Global Potassium Sulphate Production Value Market Share by Application (2019-2030)
6.3 Global Potassium Sulphate Price by Application (2019-2030)

7 Key Companies Profiled
7.1 K+S Group
7.1.1 K+S Group Potassium Sulphate Company Information
7.1.2 K+S Group Potassium Sulphate Product Portfolio
7.1.3 K+S Group Potassium Sulphate Production, Value, Price and Gross Margin (2019-2024)
7.1.4 K+S Group Main Business and Markets Served
7.1.5 K+S Group Recent Developments/Updates
7.2 Tessenderlo Group
7.2.1 Tessenderlo Group Potassium Sulphate Company Information
7.2.2 Tessenderlo Group Potassium Sulphate Product Portfolio
7.2.3 Tessenderlo Group Potassium Sulphate Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Tessenderlo Group Main Business and Markets Served
7.2.5 Tessenderlo Group Recent Developments/Updates
7.3 Compass Minerals
7.3.1 Compass Minerals Potassium Sulphate Company Information
7.3.2 Compass Minerals Potassium Sulphate Product Portfolio
7.3.3 Compass Minerals Potassium Sulphate Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Compass Minerals Main Business and Markets Served
7.3.5 Compass Minerals Recent Developments/Updates
7.4 SQM
7.4.1 SQM Potassium Sulphate Company Information
7.4.2 SQM Potassium Sulphate Product Portfolio
7.4.3 SQM Potassium Sulphate Production, Value, Price and Gross Margin (2019-2024)
7.4.4 SQM Main Business and Markets Served
7.4.5 SQM Recent Developments/Updates
7.5 YARA
7.5.1 YARA Potassium Sulphate Company Information
7.5.2 YARA Potassium Sulphate Product Portfolio
7.5.3 YARA Potassium Sulphate Production, Value, Price and Gross Margin (2019-2024)
7.5.4 YARA Main Business and Markets Served
7.5.5 YARA Recent Developments/Updates
7.6 Rusal
7.6.1 Rusal Potassium Sulphate Company Information
7.6.2 Rusal Potassium Sulphate Product Portfolio
7.6.3 Rusal Potassium Sulphate Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Rusal Main Business and Markets Served
7.6.5 Rusal Recent Developments/Updates
7.7 Sesoda
7.7.1 Sesoda Potassium Sulphate Company Information
7.7.2 Sesoda Potassium Sulphate Product Portfolio
7.7.3 Sesoda Potassium Sulphate Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Sesoda Main Business and Markets Served
7.7.5 Sesoda Recent Developments/Updates
7.8 Archean Group
7.8.1 Archean Group Potassium Sulphate Company Information
7.8.2 Archean Group Potassium Sulphate Product Portfolio
7.8.3 Archean Group Potassium Sulphate Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Archean Group Main Business and Markets Served
7.8.5 Archean Group Recent Developments/Updates
7.9 Evergrow
7.9.1 Evergrow Potassium Sulphate Company Information
7.9.2 Evergrow Potassium Sulphate Product Portfolio
7.9.3 Evergrow Potassium Sulphate Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Evergrow Main Business and Markets Served
7.9.5 Evergrow Recent Developments/Updates
7.10 Nfert
7.10.1 Nfert Potassium Sulphate Company Information
7.10.2 Nfert Potassium Sulphate Product Portfolio
7.10.3 Nfert Potassium Sulphate Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Nfert Main Business and Markets Served
7.10.5 Nfert Recent Developments/Updates
7.11 Guotou Xinjiang LuoBuPo Potassium Salt
7.11.1 Guotou Xinjiang LuoBuPo Potassium Salt Potassium Sulphate Company Information
7.11.2 Guotou Xinjiang LuoBuPo Potassium Salt Potassium Sulphate Product Portfolio
7.11.3 Guotou Xinjiang LuoBuPo Potassium Salt Potassium Sulphate Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Guotou Xinjiang LuoBuPo Potassium Salt Main Business and Markets Served
7.11.5 Guotou Xinjiang LuoBuPo Potassium Salt Recent Developments/Updates
7.12 Qing Shang Chemical
7.12.1 Qing Shang Chemical Potassium Sulphate Company Information
7.12.2 Qing Shang Chemical Potassium Sulphate Product Portfolio
7.12.3 Qing Shang Chemical Potassium Sulphate Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Qing Shang Chemical Main Business and Markets Served
7.12.5 Qing Shang Chemical Recent Developments/Updates
7.13 Migao Group
7.13.1 Migao Group Potassium Sulphate Company Information
7.13.2 Migao Group Potassium Sulphate Product Portfolio
7.13.3 Migao Group Potassium Sulphate Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Migao Group Main Business and Markets Served
7.13.5 Migao Group Recent Developments/Updates
7.14 Qinghai CITIC Guoan Technology
7.14.1 Qinghai CITIC Guoan Technology Potassium Sulphate Company Information
7.14.2 Qinghai CITIC Guoan Technology Potassium Sulphate Product Portfolio
7.14.3 Qinghai CITIC Guoan Technology Potassium Sulphate Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Qinghai CITIC Guoan Technology Main Business and Markets Served
7.14.5 Qinghai CITIC Guoan Technology Recent Developments/Updates
7.15 Gansu Xinchuan Fertilizer
7.15.1 Gansu Xinchuan Fertilizer Potassium Sulphate Company Information
7.15.2 Gansu Xinchuan Fertilizer Potassium Sulphate Product Portfolio
7.15.3 Gansu Xinchuan Fertilizer Potassium Sulphate Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Gansu Xinchuan Fertilizer Main Business and Markets Served
7.15.5 Gansu Xinchuan Fertilizer Recent Developments/Updates
7.16 Tangshan Sanfu Silicon Industry
7.16.1 Tangshan Sanfu Silicon Industry Potassium Sulphate Company Information
7.16.2 Tangshan Sanfu Silicon Industry Potassium Sulphate Product Portfolio
7.16.3 Tangshan Sanfu Silicon Industry Potassium Sulphate Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Tangshan Sanfu Silicon Industry Main Business and Markets Served
7.16.5 Tangshan Sanfu Silicon Industry Recent Developments/Updates
7.17 Anhui Guotai Chemical
7.17.1 Anhui Guotai Chemical Potassium Sulphate Company Information
7.17.2 Anhui Guotai Chemical Potassium Sulphate Product Portfolio
7.17.3 Anhui Guotai Chemical Potassium Sulphate Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Anhui Guotai Chemical Main Business and Markets Served
7.17.5 Anhui Guotai Chemical Recent Developments/Updates
7.18 Yantai Qifeng Chemical
7.18.1 Yantai Qifeng Chemical Potassium Sulphate Company Information
7.18.2 Yantai Qifeng Chemical Potassium Sulphate Product Portfolio
7.18.3 Yantai Qifeng Chemical Potassium Sulphate Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Yantai Qifeng Chemical Main Business and Markets Served
7.18.5 Yantai Qifeng Chemical Recent Developments/Updates
7.19 Anhui Sert Fertilizer Industry
7.19.1 Anhui Sert Fertilizer Industry Potassium Sulphate Company Information
7.19.2 Anhui Sert Fertilizer Industry Potassium Sulphate Product Portfolio
7.19.3 Anhui Sert Fertilizer Industry Potassium Sulphate Production, Value, Price and Gross Margin (2019-2024)
7.19.4 Anhui Sert Fertilizer Industry Main Business and Markets Served
7.19.5 Anhui Sert Fertilizer Industry Recent Developments/Updates

8 Industry Chain and Sales Channels Analysis
8.1 Potassium Sulphate Industry Chain Analysis
8.2 Potassium Sulphate Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Potassium Sulphate Production Mode & Process
8.4 Potassium Sulphate Sales and Marketing
8.4.1 Potassium Sulphate Sales Channels
8.4.2 Potassium Sulphate Distributors
8.5 Potassium Sulphate Customers

9 Potassium Sulphate Market Dynamics
9.1 Potassium Sulphate Industry Trends
9.2 Potassium Sulphate Market Drivers
9.3 Potassium Sulphate Market Challenges
9.4 Potassium Sulphate Market Restraints

10 Research Findings and Conclusion

11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer

Contact US

QY RESEARCH, INC.
17890 CASTLETON STREET
SUITE 369, CITY OF INDUSTRY
CA - 91748, UNITED STATES OF AMERICA
Web - https://www.qyresearch.com
Tel: +91-8669986909
Email- ankit@qyresearch.com

About Us:

QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.

This release was published on openPR.