Press release
Potassium carbonate Market is expected to reach USD 2.64 billion by 2029
This Potassium carbonate market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Potassium carbonate report simplifies managing marketing of goods and services effectively.Potassium carbonate market was valued at USD 1.90 billion in 2021 and is expected to reach USD 2.64 billion by 2029, registering a CAGR of 4.22 % during the forecast period of 2022 to 2029.
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Market Overview:
Potassium carbonate is the main constituent of potash and the more refined salts of tartar or pearl ash. Generally, pearl ash was formed by baking potash which was used to remove impurities. The remaining fine, white powder was the pearl ash. The first patent delivered by the US Patent Office and Samuel Hopkins was awarded in 1790 for an improved method of making pearl ash and potash. Potassium carbonate is widely used as a flux in the production of glass because it upsurges the resistance, transparency, and refractive coefficient of glass and provide excellent clarity. Growing demand for glass products such as in windows which is mainly used in automotive, building and construction are expected to create profitable growth opportunities for the potassium carbonate market.
Some of the major players operating in the Potassium carbonate market are AGC Chemicals Americas (US), Zhejiang Dayang Biotech Group Co., Ltd (China), Wentong Potassium Salt Group Co.,Ltd. (Shanghai), Evonik (Germany), Vynova Group (Belgium), AGC Inc. (Japan), Pikalevskaya Soda (Russia), Altair Chimica S.p.A (Italy)., Esseco USA LLC (US), Ercros (Spain), Gujarat Alkalies and Chemical Limited (India), Baoding Run Feng (China), Oil Base India (India), Guljag (India), Occidental Petroleum Corporation (US), MADHAV CHEMICALS (India), Inc. (US), Merck KGaA (Germany), TCI Chemicals (India) Pvt. Ltd (India), Spectrum Chemical (US), Shree Sai Shraddha Industries (India).
Global Potassium carbonate Market Scope
The potassium carbonate market is segmented on the basis of products, types and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Products
Food Grade
Industrial Grade
Type
Electrolysis Method
Ion ExchangeMethod
Ash Method
Others
Application
Inorganic Chemicals
Pharmaceutical
Potassium Salts
Glass/TVs/Ceramic
Agrochemicals
Dyes and Inks
Rubber Chemicals
Light Industry Raw Materials
Medicine
Food
Others
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Potassium carbonate Market Landscape
Part 04: Global Potassium carbonate Market Sizing
Part 05: Global Potassium carbonate Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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