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Potassium Permanganate Market An insight on the important factors and trends influencing the market 2023

11-02-2017 10:58 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparecny Market Research

/ PR Agency: Transparecny Market Research
Potassium Permanganate Market An insight on the important

Transparency Market Research has published a new market report titled “Potassium Permanganate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the global potassium permanganate market was valued at US$291.5 mn in 2014 and is anticipated to reach US$368.1 mn by 2023, at a CAGR of 3.0% between 2015 and 2023.

View Full Report: https://www.transparencymarketresearch.com/potassium-permanganate-market.html

In terms of volume, free flowing grade was the largest segment of the potassium permanganate market, accounting for more than 65% in 2014. The segment was followed by the technical grade. However, pharmaceutical potassium permanganate grade is projected to be the fastest-growing grade of the potassium permanganate market during the forecast period, due to expansion in the health care industry across the globe.

Major applications of potassium permanganate include water & waste treatment, industrial, and others (chemical processing, etc.). In terms of volume, water & waste treatment held more than 60% share of the global potassium permanganate market in 2014. However, others (such as chemical processing food processing) is likely to be the fastest growing application segment, owing to the significant demand for potassium permanganate in the chemical industry in Asia Pacific and Europe.

In terms of volume, Asia Pacific dominated the global potassium permanganate market, constituting around 45% share in 2014. China offers immense potential for the chemical sector. Thus, growth in the chemical sector in China and other emerging countries in Asia Pacific is anticipated to fuel the potassium permanganate market in the next few years. In terms of volume, North America is estimated to be the second-fastest regional segment of the global potassium permanganate market during the forecast period.

Key players in the potassium permanganate market include Carus Corporation, Chongqing Chagyuan Group Limited, Groupstars Chemical (Yunnan) China L.L.C., Zunyi Shuangyuan Chemical Group Co., Ltd., Organic Industries Pvt. Ltd, Libox Chem Pvt. Ltd., Guangdong Meixian Hanghai Manganese Chemical Plant, and Universal Chemicals & Industries Pvt. Ltd.

Report Overview, with TOC - https://www.transparencymarketresearch.com/report-toc/2930

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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