openPR Logo
Press release

Potassium Sulphate Market – Global Industry Insights 2016–2024

05-15-2017 08:54 AM CET | Fashion, Lifestyle, Trends

Press release from: Specialty and Fine Chemicals

Potassium Sulphate Market – Global Industry Insights

Potassium Sulphate Market Overview

Potassium sulphate, commonly known as sulphate of potash (SOP), is a water soluble white crystalline salt that finds wide application in the pharmaceuticals industry. In the food industry, potassium sulphate is used as a source of macronutrients potassium and sulphate. Increasing use of potassium sulphate in the food industry as flavoring agent and as an adjuvant has resulted in rampant growth of the potassium sulphate market in the recent past. Potassium sulphate used in food industry is manufactured in accordance with the “Food Chemicals Codex” regulation implemented by the Food and Drug Administration (FDA). Potassium sulphate is commonly used in the agriculture industry as a fertilizer for sensitive crops such as flowers, fruits & vegetables, tobacco, turf & ornamentals, among others. Use of potassium sulphate as a fertilizer results in improved quality of agricultural produce, enhanced nutritional value of fruits & vegetables, and is a nitrogen-free source of potassium, as growers find it difficult to match the nitrogen input required for the growth of crops. The increased demand for food has resulted in burgeoning growth of the agricultural industry, which in turn fuels demand for fertilizers to provide quality of agricultural products. Asia-Pacific is the largest consumer of potassium sulphate for agricultural application.

Request a sample copy of this report:

Global Potassium Sulphate Market Taxonomy

The global potassium sulphate market is classified on the basis of the following segments:

Mannheim Process
Sulphate Salts Reaction
Brine Processing

Prevalent Scenario in Potassium Sulphate Market

Growing consumption of potassium sulphate as a feedstock for procuring macronutrients, ingredients, activator and nutrient salt across various industries is fueling growth of the potassium sulphate market. The potassium sulphate products offered by the manufacturers are in line with current trend of applications of the products such as in specialty fertilizers, lubricants for wire drawing, production of insulin, and extraction of precious metals such as biobleaching.

Potassium sulphate is incorporated into wide range of pharmaceuticals, cosmetics, and food applications. These are in turn governed by various regulatory bodies, especially in U.S. and Europe, to human health safety. Potassium sulphate is used as an ingredient in food industry in accordance to the level specified by FDA in section 184.1 (b) (1) and the maximum percentage of potassium sulphate used in non-alcoholic beverages is 0.015 which is defined by FDA in section 170.3 (n) (3).

Safety of the products is a major concern as potassium sulphate used as ingredient in manufacturing the pharmaceutical, cosmetic and food products can have adverse allergic reactions. As the pharmaceutical & personal care, food industry is expanding, there increasing number studies carried on safety of these products and are regulated by related authorities which has become a tasks for the manufacturers to keep updated and aware of the ingredient used in these products. The companies are therefore manufacturing grades of potassium sulphate products which can be used for specific applications. For instance, American Elements (U.S.) manufactures technical grade, food grade, agriculture grade, pharmaceutical grade of potassium sulphate products.

Click here to know more about this report:

Potassium sulphate is manufactured by extraction of potassium and sulphate ions from natural ores or brines by evaporation or chemical methods. The common methods used for extraction of potassium sulphate are salt lake brine processing, sulphate salts reaction and Mannheim process. Potassium salt derived by the process of salt lake brine processing is cheap as compared to other methods. The average manufacturing co0st of potassium sulphate by salt lakes brine processing is approximately US$ 200/ ton, the average cost of production by sulphate salts reaction is US$ 300/ton and the average cost of production by Mannheim process is US$ 400 to 550/ton. Potassium sulphate manufactured by Mannheim process holds for approximately 50% to 60% of the global supply of potassium sulphate, potassium sulphate manufactured by sulphate salts reaction holds a share of 25% to 30% and salt lake brine processing holds a share of 15% to 20% of the global supply of potassium sulphate. Companies such as Great Salt Minerals Corporation (U.S.), SDIC Xinjiang Luobupo Potash (China) use salt lake brine processing method, K+S Kali Gmbh (Germany), Rusal (Russia) utilize sulphate salts reaction process and Tessenderlo Group (Belgium) use Mannheim process to manufacture potassium sulphate.

Fragmented Market

The Global potassium sulphate market is highly fragmented due to the participation of many established and emerging players in the industry. Major players involved in the market include K+G Kali Gmbh (Germany), Tessenderlo Group (Belgium), Great Salt Minerals Corporation (U.S.), SDIC Xinjiang Luobupo Potash (China), SQM (Chile), Yara International (Norway), Rusal (Russia), Compass Minerals (U.S.), Guotou Xinjiang LuoBuPo Potassium Salt (China), Sesoda (Taiwan)

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave, #320000A0
Seattle, WA 98154
Tel: +1-206-701-6702

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Potassium Sulphate Market – Global Industry Insights 2016–2024 here

News-ID: 534227 • Views: 502

More Releases from Specialty and Fine Chemicals

Liquid Silicone Rubber Market Global Industry Insights Forecasts up to 2024, Res …
Silicone rubber is defined as an elastomer of silicone that also contains hydrogen, carbon, and oxygen. Silicone rubber is available as one or two-part polymers and comprises fillers to improve properties and reduce costs. Silicone rubber is stable, non-reactive, and resistant to extreme environments and temperatures. It can be used in a wide range of products, including food storage products, textiles, footwear, electronics, and medical devices, among others. This is
Copper Sulfate Market Global Industry Insights Forecasts up to 2024, Research Re …
Copper sulfate, denoted by the chemical composition CuSO4, is derived as a result of the chemical reaction when copper is treated with concentrated sulfuric acid. Copper sulfate is also known as cupric sulfate and is available in two forms namely hydrous copper sulfate and anhydrous copper sulfate. Copper sulfate market is witnessing an ever increasing growth in demand owing to its significant application in agricultural industry as an efficient fungicide.
Elastomeric Coating Market – Global Industry Insights – 2024
Elastomeric coating is higher volume solid as compared to conventional paints. The main advantage of elastomeric coatings is that it helps secure hairline cracks on the surface. These coatings tend to stretch on these surfaces and thus, provide basic protection to the applied surface from external damage. This has propelled the use of elastomeric coatings in the construction industry. Elastomeric coatings are used extensively on mineral surfaces which develop
Zinc Oxide Market – Global Industry Insights, Trends, Outlook, and Opportunity …
Zinc oxide (ZnO) is an inorganic and insoluble compound that is mainly used as an additive in various products such as rubber, ceramics, paints, lubricants, foods, batteries, plastics, first-aid tapes, antiseptic creams, cosmetic creams, and medical substances. One of the major applications of zinc oxide is its usage in creams, ointments, and lotions to protect human skin against sunburn and harmful UV rays. Zinc oxide also finds application in treatment

All 5 Releases

More Releases for Potassium

Potassium Gluconate Market
Allied Market Research (USA, Oregon, Portland) Published Latest Report titled, ‘Potassium Gluconate Market: Global Opportunity Analysis and Industry Forecast 2020-2027’. The Potassium Gluconate Market is expected to witness growth in upcoming years due to factors such as increase in target patient population, which mostly includes patients suffering from cancer, tuberculosis and cardiovascular diseases. This market research study determines the increase in changes and the aspects which are likely to have an impact
Potassium Iodate Market Prospects by 2024
Potassium iodate is a chemical compound majorly used in the food and healthcare industry. It is an oxidizing agent and catches fire if it comes in contact with reducing agents or combustible materials. It can be prepared by adding iodine to a hot, concentrated solution of potassium hydroxide. It can also be prepared by reacting a potassium-containing base such as potassium hydroxide with iodic acid. Read report Overview- Potassium iodate is used
Global Potassium Met Bisulfite Market Research
Global Potassium Met Bisulfite Market advertise is foreseen to develop at a CAGR of 4.56% in the determined year. The interest for potassium metabisulfite is significantly determined by development in the interest for wine and brew fabricating enterprises. Likewise, the development of the nourishment additives industry is moreover driving the development of Global Potassium Met Bisulfite Market in nations with strict direction on non-sustenance synthetic compounds utilized in nourishment and
Global Potash Fertilizers Market By Product Type - Potassium Chloride, Sulfate o …
Researchmoz added Most up-to-date research on "Global Potash Fertilizers Market By Product Type - Potassium Chloride, Sulfate of Potash (SOP) and Potassium Nitrate" to its huge collection of research reports. In this report, the global Potash Fertilizers market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report
Potassium Thiosulfate Fertilizers Market Embraces Advancements
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Potassium Thiosulfate Fertilizers in these regions, from 2012 to 2022 (forecast), covering North America Europe China Japan Southeast Asia India Get sample copy @ Global Potassium Thiosulfate Fertilizers market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including Mears Fertilizer Hydrite Chemical Thatcher Group Spraygro Liquid Fertilizers Plant Food Company Omnia
Global Potassic Fertilizer Market By Type - Potassium Chloride, Sulfate of Potas …
Researchmoz added Most up-to-date research on "Global Potassic Fertilizer Market By Type - Potassium Chloride, Sulfate of Potash (SOP), Potassium Nitrate & Others" to its huge collection of research reports. This report studies Potassic Fertilizer in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. This report focuses on top