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Global Potassium Sulfate Sales Market Report 2023

SKU ID : QYR-22287921 | Publishing Date : 02-Jan-2023 | No. of pages : 128

Market Analysis and Insights: Global Potassium Sulfate Market

Potassium Sulfate (K2SO4, commonly referred to as sulfate of potash or SOP) is a water soluble, white and crystalline salt. Potassium Sulfate is the world's most popular low-chloride fertilizer.

Due to the COVID-19 pandemic, the global Potassium Sulfate market size is estimated to be worth US$ 3993 million in 2022 and is forecast to a readjusted size of US$ 4690.9 million by 2029 with a CAGR of 2.3% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Powder SOP accounting for % of the Potassium Sulfate global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Agricultural segment is altered to an % CAGR throughout this forecast period.

The major players in global Potassium Sulfate market include K+S Group, Guotou Xinjiang LuoBuPo Potassium Salt, Tessenderlo Group, etc. The top 3 players occupy about 45% shares of the global market. Asia-Pacific and Europe are main markets, they occupy about 80% of the global market. Powder SOP is the main type, with a share about 70%. Agricultural is the main application, which holds a share about 90%.

Global Potassium Sulfate Scope and Market Size

The global Potassium Sulfate market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Potassium Sulfate market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.



Segment by Type



Powder SOP

Granular SOP



Segment by Application



Agricultural

Industrial

Others


By Region


United States

Europe

China

Japan

Southeast Asia

India

Other Regions



By Company



K+S Group

Tessenderlo Group

Compass Minerals

SQM

YARA

Rusal

Sesoda

Archean Group

Guotou Xinjiang LuoBuPo Potassium Salt

Qing Shang Chemical

Migao Group

Qinghai CITIC Guoan Technology

Gansu Xinchuan Fertilizer

Evergrow

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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