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Potassium sulphate (K2SO4, commonly referred to as sulfate of potash or SOP) is a water soluble, white and crystalline salt. Potassium sulphate is the world’s most popular low-chloride fertilizer.
The main resources for potassium sulphate are found in combination with other mineral sulfates, such as magnesium, sodium and calcium. Another way of producing potassium sulphate is a combination of potassium chloride and kieserite. Most common forms of manufacture are from potassium chloride through a synthetic reaction with sulfuric acid or sulfur dioxide.
For manufacturing process of potassium sulphate, the most important manufacturing process is mannheim process, sulfate salts reaction and brines (salt lakes) processing, respectively accounted for 51.27%, 14.25% and 31.62% in 2016. The manufacturers who adopt the brines (salt lakes) processing to produce potassium sulphate have advantages in manufacturing cost over other manufacturers who adopt the other manufacturing process.
The downstream demand was relatively stable in the past five years, and it will keep the growth trend in the future five years, because of it has been a must to some crops which are particularly sensitive to chlorine, such as potatoes, fruits, vegetables and tobacco. Although the price changed frequently, it is expected that the price will keep a slow downward trend in future due to excess capacity.
The global Potassium Sulphate market is valued at 4180 million USD in 2017 and is expected to reach 6610 million USD by the end of 2025, growing at a CAGR of 5.9% between 2018 and 2025.
This research report categorizes the China and global Potassium Sulphate market by type, end-use industry, and region.
International Manufacturers Covered
China Local Manufacturers Covered
Guotou Xinjiang LuoBuPo Potassium Salt
Qing Shang Chemical
Qinghai CITIC Guoan Technology
AVIC International Holding
Gansu Xinchuan Fertilizer
Shijiazhuang Hehe Chemical Fertilizer
Shandong Lianmeng Chemical Group
Yantai Qifund Chemical
Liaoning Xinshui Chemical
Wuxi Yangheng Chemical
The study objectives of this report are:
To analyze and study the ways and market feasibility to enter China market, for the international manufacturers manufacturing or selling products in China.
To study and forecast the market size (volume and value) of Potassium Sulphate in China and global market.
Focuses on the China local manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis, value and China market share for top local manufacturers.
To analyze the international manufacturers, SWOT analysis, volume, value and global market share for top manufacturers.
To define, describe and forecast the market by type, application and region.
To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan and other Regions like Korea, Taiwan, India, Southeast Asia etc.
To analyze the China market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Potassium Sulphate are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
With the given market data, QYResearch offers customizations according to the company’s specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Potassium Sulphate market, by end-use.
Detailed analysis and profiles of additional market players.
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