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 major players in global Sulfate of Potash 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%.
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Market Analysis and Insights: Global Potassium Sulphate Market
In 2020, the global Potassium Sulphate market size was US$ 3680 million and it is expected to reach US$ 4568.7 million by the end of 2027, with a CAGR of 2.3% during 2021-2027.
Global Potassium Sulphate Scope and Market Size
Potassium Sulphate market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Potassium Sulphate 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, by country, company, type, application and by sales channels for the period 2016-2027.
Segment by Type, the Potassium Sulphate market is segmented into
- Powder SOP
- Granular SOP
Segment by Application, the Potassium Sulphate market is segmented into
- Agricultural
- Industrial
- Others
Regional and Country-level Analysis:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Competitive Landscape and Potassium Sulphate Market Share Analysis
Potassium Sulphate market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Potassium Sulphate product introduction, recent developments, Potassium Sulphate sales by region, type, application and by sales channel.
The major companies include:
- 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
- AVIC International Holding
- Wuxi Yangheng Chemical
- Shijiazhuang Hehe Chemical Fertilizer
- Shandong Lianmeng Chemical Group
- Yantai Qifund Chemical
- Liaoning Xinshui Chemical
Reasons to Purchase Our Research Report:
- Analyzing the outlook of the market with the recent trends and SWOT analysis
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
- Regional and country-level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
- Analyst support, along with the data support in excel format.
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Table of content
1 Study Coverage
1.1 Potassium Sulphate Product Introduction
1.2 Market by Type
1.2.1 Global Potassium Sulphate Market Size Growth Rate by Type
1.2.2 Powder SOP
1.2.3 Granular SOP
1.3 Market by Application
1.3.1 Global Potassium Sulphate Market Size Growth Rate by Application
1.3.2 Agricultural
1.3.3 Industrial
1.3.4 Others
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Potassium Sulphate Market Size Estimates and Forecasts
2.1.1 Global Potassium Sulphate Revenue 2016-2027
2.1.2 Global Potassium Sulphate Sales 2016-2027
2.2 Potassium Sulphate Market Size by Region: 2021 Versus 2027
2.3 Potassium Sulphate Sales by Region (2016-2027)
2.3.1 Global Potassium Sulphate Sales by Region: 2016-2021
2.3.2 Global Potassium Sulphate Sales Forecast by Region (2022-2027)
2.3.3 Global Potassium Sulphate Sales Market Share by Region (2016-2027)
2.4 Potassium Sulphate Market Estimates and Projections by Region (2022-2027)
2.4.1 Global Potassium Sulphate Revenue by Region: 2016-2021
2.4.2 Global Potassium Sulphate Revenue Forecast by Region (2022-2027)
2.4.3 Global Potassium Sulphate Revenue Market Share by Region (2016-2027)
3 Global Potassium Sulphate by Manufacturers
3.1 Global Top Potassium Sulphate Manufacturers by Sales
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