Potassium Sulfate Market Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers and the current and future trends.
Los Angeles, CA -- (SBWIRE) -- 02/14/2019 -- 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. The Potassium Sulfate industry concentration is relatively high. The manufacturing bases are mainly concentrated in USA, Chile, China and Europe. In 2015, the leading manufacturers are K+S Group from Germany, Tessenderlo Group from Belgium, Compass Minerals from USA, SQM from Chile, YARA from Finland, Rusal from Russia, Sesoda from Taiwan, and five Chinese producers such as Guotou Xinjiang LuoBuPo Potassium Salt, Qing Shang Chemical, Migao Group, Qinghai CITIC Guoan Technology, and AVIC International Holding.
For manufacturing process of Potassium Sulfate, the most important manufacturing process is Mannheim process, MOP & Kieserite Process and brines (salt lakes) processing, respectively accounted for 51.18%, 20.26% and 28.56% in 2015. The manufacturers who adopt the brines (salt lakes) processing to produce Potassium Sulfate 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 Sulfate market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. This report focuses on Potassium Sulfate volume and value at global level, regional level and company level. From a global perspective, this report represents overall Potassium Sulfate market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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The following manufacturers are covered:
Qing Shang Chemical
Qinghai CITIC Guoan Technology
Segment by Regions
Segment by Type
MOP & Kieserite Process
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Segment by Application
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