세계의 황산칼륨 시장 - 시장 규모, 점유율, 산업 동향 분석 보고서 : 형태별, 순도별, 최종 사용자별, 지역별 전망 및 예측(2023-2030년)

The Global Potassium Sulfate Market size is expected to reach $6 billion by 2030, rising at a market growth of 4.5% CAGR during the forecast period. In the year 2022, the market attained a volume of 6,758.0 Kilo Tonnes experiencing a growth of 3.2% (2019-2022).

The increasing focus on specialty crops, fruits, and high-value agriculture in North America can drive the demand for fertilizers like potassium sulfate. Consequently, the North American region would acquire nearly 17% of the total market share by 2030 As a significant agricultural region, North America relies on fertilizers to enhance crop yields. Trends may influence the adoption of this chemical in sustainable agriculture and organic farming, and there is a growing awareness of the impact of fertilizers on soil health. Some of the factors impacting the market are shift towards specialized crops and horticulture, technological advancements in manufacturing and high production cost of the chemical.

Specialized crops often have specific nutrient requirements for optimal growth, quality, and yield. Fruits, vegetables, and high-value horticultural products demand a balanced supply of essential nutrients throughout their growth. The, providing both potassium and sulfur in a chloride-free form, meets the nutrient needs of these crops without introducing elements that could be detrimental to their development. Furthermore, the trend toward specialized crops aligns with the broader movement toward organic and sustainable agriculture. The chemical is well-suited for the cultivation of specialized crops within the context of sustainable agricultural systems. These factors will drive the demand for the chemical in the coming years. Additionally, Advancements in extraction methods, including more efficient mining techniques and the utilization of alternative sources, have expanded the availability of raw materials for the chemical production. Furthermore, energy-intensive processes are common in chemical manufacturing. Progress in energy-efficient technologies, including optimizing heating and ventilation systems and utilizing renewable energy sources, contributes to the sustainability of the chemical production. Owing to these factors, there will be an increased demand in the market.

However, this chemical is often derived from potash minerals, and the extraction process can be labor-intensive and involve substantial energy consumption. Traditional mining methods, such as underground or solution mining, can contribute to the overall cost of obtaining raw materials for chemical production. The cost of accessing and extracting potash minerals significantly influences the final cost of the chemical. Moreover, the availability of potash reserves, the primary source for the chemical production, is limited. This limitation can increase competition for access to these reserves, potentially driving up extraction costs. Owing to these factors, there can be reduced demand for the chemical in the future.

Form Outlook

Based on form, the market is bifurcated into solid and liquid. In 2022, the liquid segment garnered a significant revenue share in the market. Liquid fertilizers, including liquid chemical formulations, are often preferred for their ease of application. They can be easily mixed with irrigation systems, making application more convenient for farmers. The liquid form allows for precise and uniform distribution, especially in modern precision agriculture practices. Liquid form is suitable for foliar application, where the fertilizer is sprayed directly on the leaves of the plants. These aspects will boost the demand in the segment.

Purity Outlook

On the basis of purity, the market is divided into up to 99% and greater than 99%. In 2022, the greater than 99% segment witnessed a substantial revenue share in the market. Agriculture is increasingly becoming precision-oriented, with farmers seeking fertilizers that offer high purity to ensure precise nutrient delivery to crops. Fertilizers with greater than 99% purity provide a concentrated and reliable source of potassium, addressing the specific needs of crops without introducing impurities. Therefore, the segment will expand rapidly in the coming years.

End User Outlook

Based on end user, the market is segmented into agriculture, industrial, pharmaceuticals, food & beverages, and others. In 2022, the industrial segment witnessed a substantial revenue share in the market. Within the industrial sector, the chemical is utilized in certain pharmaceutical formulations. Its inclusion in medications and pharmaceutical processes contributes to the demand. The chemical is a valuable compound in the chemical industry, serving as a raw material for producing various chemicals. Moreover, the chemical is recognized for its use in the food industry as a food additive. It may be employed as a gelling agent, firming agent, or stabilizer in certain food products. Therefore, the segment will grow rapidly in the coming years.

Regional Outlook

By region, the market is segmented into North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific segment procured the highest revenue share in the market in 2022. With its diverse climates and large agricultural sector, the Asia Pacific region has been experiencing agricultural expansion and intensification. As farmers seek to optimize yields and improve crop quality, the demand for fertilizers, including potassium sulfate, will likely increase. The chemical is preferred for its effect on color and flavor, which is especially significant in the case of high-value commodities like fruits and vegetables. Owing to these factors, there will be an increased demand in the segment.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Yara International ASA, Compass Minerals International, Inc., Halogen, Sesoda Corporation, K+S Aktiengesellschaft, SOCIEDAD QUIMICA Y MINERA DE CHILE S.A, Intrepid Potash Inc., Tessenderlo Group nv and The Mosaic Company

Scope of the Study

Market Segments covered in the Report:

By Form (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• Solid
• Liquid

By Purity (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• Up to 99%
• Greater than 99%

By End User (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• Agriculture
• Industrial
• Pharmaceuticals
• Food & Beverages
• Others

By Geography (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Russia
  • France
  • Germany
  • UK
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Indonesia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

• Yara International ASA
• Compass Minerals International, Inc.
• Halogen
• Sesoda Corporation
• K+S Aktiengesellschaft
• SOCIEDAD QUIMICA Y MINERA DE CHILE S.A
• Intrepid Potash Inc.
• Tessenderlo Group nv
• The Mosaic Company

Unique Offerings from KBV Research

• Exhaustive coverage
• Highest number of market tables and figures
• Subscription based model available
• Guaranteed best price
• Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology

• 1.1 Market Definition
• 1.2 Objectives
• 1.3 Market Scope
• 1.4 Segmentation
  • 1.4.1 Global Potassium Sulfate Market, by Form
  • 1.4.2 Global Potassium Sulfate Market, by Purity
  • 1.4.3 Global Potassium Sulfate Market, by End User
  • 1.4.4 Global Potassium Sulfate Market, by Geography
• 1.5 Methodology for the research

Chapter 2. Market At a Glance

• 2.1 Key Highlights

Chapter 3. Market Overview

• 3.1 Introduction
  • 3.1.1 Overview
    • 3.1.1.1 Market Composition and Scenario
• 3.2 Key Factors Impacting the Market
  • 3.2.1 Market Drivers
  • 3.2.2 Market Restraints
• 3.3 Porter Five Forces Analysis

Chapter 4. Global Potassium Sulfate Market, By Form

• 4.1 Global Solid Market, By Region
• 4.2 Global Liquid Market, By Region

Chapter 5. Global Potassium Sulfate Market, By Purity

• 5.1 Global Up to 99% Market, By Region
• 5.2 Global Greater than 99% Market, By Region

Chapter 6. Global Potassium Sulfate Market, By End User

• 6.1 Global Agriculture Market, By Region
• 6.2 Global Industrial Market, By Region
• 6.3 Global Pharmaceuticals Market, By Region
• 6.4 Global Food & Beverages Market, By Region
• 6.5 Global Others Market, By Region

Chapter 7. Global Potassium Sulfate Market, By Region

• 7.1 North America Potassium Sulfate Market
  • 7.1.1 North America Potassium Sulfate Market, By Form
    • 7.1.1.1 North America Solid Market, By Country
    • 7.1.1.2 North America Liquid Market, By Country
  • 7.1.2 North America Potassium Sulfate Market, By Purity
    • 7.1.2.1 North America Up to 99% Market, By Country
    • 7.1.2.2 North America Greater than 99% Market, By Country
  • 7.1.3 North America Potassium Sulfate Market, By End User
    • 7.1.3.1 North America Agriculture Market, By Country
    • 7.1.3.2 North America Industrial Market, By Country
    • 7.1.3.3 North America Pharmaceuticals Market, By Country
    • 7.1.3.4 North America Food & Beverages Market, By Country
    • 7.1.3.5 North America Others Market, By Country
  • 7.1.4 North America Potassium Sulfate Market, By Country
    • 7.1.4.1 US Potassium Sulfate Market
      • 7.1.4.1.1 US Potassium Sulfate Market, By Form
      • 7.1.4.1.2 US Potassium Sulfate Market, By Purity
      • 7.1.4.1.3 US Potassium Sulfate Market, By End User
    • 7.1.4.2 Canada Potassium Sulfate Market
      • 7.1.4.2.1 Canada Potassium Sulfate Market, By Form
      • 7.1.4.2.2 Canada Potassium Sulfate Market, By Purity
      • 7.1.4.2.3 Canada Potassium Sulfate Market, By End User
    • 7.1.4.3 Mexico Potassium Sulfate Market
      • 7.1.4.3.1 Mexico Potassium Sulfate Market, By Form
      • 7.1.4.3.2 Mexico Potassium Sulfate Market, By Purity
      • 7.1.4.3.3 Mexico Potassium Sulfate Market, By End User
    • 7.1.4.4 Rest of North America Potassium Sulfate Market
      • 7.1.4.4.1 Rest of North America Potassium Sulfate Market, By Form
      • 7.1.4.4.2 Rest of North America Potassium Sulfate Market, By Purity
      • 7.1.4.4.3 Rest of North America Potassium Sulfate Market, By End User
• 7.2 Europe Potassium Sulfate Market
  • 7.2.1 Europe Potassium Sulfate Market, By Form
    • 7.2.1.1 Europe Solid Market, By Country
    • 7.2.1.2 Europe Liquid Market, By Country
  • 7.2.2 Europe Potassium Sulfate Market, By Purity
    • 7.2.2.1 Europe Up to 99% Market, By Country
    • 7.2.2.2 Europe Greater than 99% Market, By Country
  • 7.2.3 Europe Potassium Sulfate Market, By End User
    • 7.2.3.1 Europe Agriculture Market, By Country
    • 7.2.3.2 Europe Industrial Market, By Country
    • 7.2.3.3 Europe Pharmaceuticals Market, By Country
    • 7.2.3.4 Europe Food & Beverages Market, By Country
    • 7.2.3.5 Europe Others Market, By Country
  • 7.2.4 Europe Potassium Sulfate Market, By Country
    • 7.2.4.1 Russia Potassium Sulfate Market
      • 7.2.4.1.1 Russia Potassium Sulfate Market, By Form
      • 7.2.4.1.2 Russia Potassium Sulfate Market, By Purity
      • 7.2.4.1.3 Russia Potassium Sulfate Market, By End User
    • 7.2.4.2 France Potassium Sulfate Market
      • 7.2.4.2.1 France Potassium Sulfate Market, By Form
      • 7.2.4.2.2 France Potassium Sulfate Market, By Purity
      • 7.2.4.2.3 France Potassium Sulfate Market, By End User
    • 7.2.4.3 Germany Potassium Sulfate Market
      • 7.2.4.3.1 Germany Potassium Sulfate Market, By Form
      • 7.2.4.3.2 Germany Potassium Sulfate Market, By Purity
      • 7.2.4.3.3 Germany Potassium Sulfate Market, By End User
    • 7.2.4.4 UK Potassium Sulfate Market
      • 7.2.4.4.1 UK Potassium Sulfate Market, By Form
      • 7.2.4.4.2 UK Potassium Sulfate Market, By Purity
      • 7.2.4.4.3 UK Potassium Sulfate Market, By End User
    • 7.2.4.5 Spain Potassium Sulfate Market
      • 7.2.4.5.1 Spain Potassium Sulfate Market, By Form
      • 7.2.4.5.2 Spain Potassium Sulfate Market, By Purity
      • 7.2.4.5.3 Spain Potassium Sulfate Market, By End User
    • 7.2.4.6 Italy Potassium Sulfate Market
      • 7.2.4.6.1 Italy Potassium Sulfate Market, By Form
      • 7.2.4.6.2 Italy Potassium Sulfate Market, By Purity
      • 7.2.4.6.3 Italy Potassium Sulfate Market, By End User
    • 7.2.4.7 Rest of Europe Potassium Sulfate Market
      • 7.2.4.7.1 Rest of Europe Potassium Sulfate Market, By Form
      • 7.2.4.7.2 Rest of Europe Potassium Sulfate Market, By Purity
      • 7.2.4.7.3 Rest of Europe Potassium Sulfate Market, By End User
• 7.3 Asia Pacific Potassium Sulfate Market
  • 7.3.1 Asia Pacific Potassium Sulfate Market, By Form
    • 7.3.1.1 Asia Pacific Solid Market, By Country
    • 7.3.1.2 Asia Pacific Liquid Market, By Country
  • 7.3.2 Asia Pacific Potassium Sulfate Market, By Purity
    • 7.3.2.1 Asia Pacific Up to 99% Market, By Country
    • 7.3.2.2 Asia Pacific Greater than 99% Market, By Country
  • 7.3.3 Asia Pacific Potassium Sulfate Market, By End User
    • 7.3.3.1 Asia Pacific Agriculture Market, By Country
    • 7.3.3.2 Asia Pacific Industrial Market, By Country
    • 7.3.3.3 Asia Pacific Pharmaceuticals Market, By Country
    • 7.3.3.4 Asia Pacific Food & Beverages Market, By Country
    • 7.3.3.5 Asia Pacific Others Market, By Country
  • 7.3.4 Asia Pacific Potassium Sulfate Market, By Country
    • 7.3.4.1 China Potassium Sulfate Market
      • 7.3.4.1.1 China Potassium Sulfate Market, By Form
      • 7.3.4.1.2 China Potassium Sulfate Market, By Purity
      • 7.3.4.1.3 China Potassium Sulfate Market, By End User
    • 7.3.4.2 India Potassium Sulfate Market
      • 7.3.4.2.1 India Potassium Sulfate Market, By Form
      • 7.3.4.2.2 India Potassium Sulfate Market, By Purity
      • 7.3.4.2.3 India Potassium Sulfate Market, By End User
    • 7.3.4.3 Japan Potassium Sulfate Market
      • 7.3.4.3.1 Japan Potassium Sulfate Market, By Form
      • 7.3.4.3.2 Japan Potassium Sulfate Market, By Purity
      • 7.3.4.3.3 Japan Potassium Sulfate Market, By End User
    • 7.3.4.4 South Korea Potassium Sulfate Market
      • 7.3.4.4.1 South Korea Potassium Sulfate Market, By Form
      • 7.3.4.4.2 South Korea Potassium Sulfate Market, By Purity
      • 7.3.4.4.3 South Korea Potassium Sulfate Market, By End User
    • 7.3.4.5 Australia Potassium Sulfate Market
      • 7.3.4.5.1 Australia Potassium Sulfate Market, By Form
      • 7.3.4.5.2 Australia Potassium Sulfate Market, By Purity
      • 7.3.4.5.3 Australia Potassium Sulfate Market, By End User
    • 7.3.4.6 Indonesia Potassium Sulfate Market
      • 7.3.4.6.1 Indonesia Potassium Sulfate Market, By Form
      • 7.3.4.6.2 Indonesia Potassium Sulfate Market, By Purity
      • 7.3.4.6.3 Indonesia Potassium Sulfate Market, By End User
    • 7.3.4.7 Rest of Asia Pacific Potassium Sulfate Market
      • 7.3.4.7.1 Rest of Asia Pacific Potassium Sulfate Market, By Form
      • 7.3.4.7.2 Rest of Asia Pacific Potassium Sulfate Market, By Purity
      • 7.3.4.7.3 Rest of Asia Pacific Potassium Sulfate Market, By End User
• 7.4 LAMEA Potassium Sulfate Market
  • 7.4.1 LAMEA Potassium Sulfate Market, By Form
    • 7.4.1.1 LAMEA Solid Market, By Country
    • 7.4.1.2 LAMEA Liquid Market, By Country
  • 7.4.2 LAMEA Potassium Sulfate Market, By Purity
    • 7.4.2.1 LAMEA Up to 99% Market, By Country
    • 7.4.2.2 LAMEA Greater than 99% Market, By Country
  • 7.4.3 LAMEA Potassium Sulfate Market, By End User
    • 7.4.3.1 LAMEA Agriculture Market, By Country
    • 7.4.3.2 LAMEA Industrial Market, By Country
    • 7.4.3.3 LAMEA Pharmaceuticals Market, By Country
    • 7.4.3.4 LAMEA Food & Beverages Market, By Country
    • 7.4.3.5 LAMEA Others Market, By Country
  • 7.4.4 LAMEA Potassium Sulfate Market, By Country
    • 7.4.4.1 Brazil Potassium Sulfate Market
      • 7.4.4.1.1 Brazil Potassium Sulfate Market, By Form
      • 7.4.4.1.2 Brazil Potassium Sulfate Market, By Purity
      • 7.4.4.1.3 Brazil Potassium Sulfate Market, By End User
    • 7.4.4.2 Argentina Potassium Sulfate Market
      • 7.4.4.2.1 Argentina Potassium Sulfate Market, By Form
      • 7.4.4.2.2 Argentina Potassium Sulfate Market, By Purity
      • 7.4.4.2.3 Argentina Potassium Sulfate Market, By End User
    • 7.4.4.3 UAE Potassium Sulfate Market
      • 7.4.4.3.1 UAE Potassium Sulfate Market, By Form
      • 7.4.4.3.2 UAE Potassium Sulfate Market, By Purity
      • 7.4.4.3.3 UAE Potassium Sulfate Market, By End User
    • 7.4.4.4 Saudi Arabia Potassium Sulfate Market
      • 7.4.4.4.1 Saudi Arabia Potassium Sulfate Market, By Form
      • 7.4.4.4.2 Saudi Arabia Potassium Sulfate Market, By Purity
      • 7.4.4.4.3 Saudi Arabia Potassium Sulfate Market, By End User
    • 7.4.4.5 South Africa Potassium Sulfate Market
      • 7.4.4.5.1 South Africa Potassium Sulfate Market, By Form
      • 7.4.4.5.2 South Africa Potassium Sulfate Market, By Purity
      • 7.4.4.5.3 South Africa Potassium Sulfate Market, By End User
    • 7.4.4.6 Nigeria Potassium Sulfate Market
      • 7.4.4.6.1 Nigeria Potassium Sulfate Market, By Form
      • 7.4.4.6.2 Nigeria Potassium Sulfate Market, By Purity
      • 7.4.4.6.3 Nigeria Potassium Sulfate Market, By End User
    • 7.4.4.7 Rest of LAMEA Potassium Sulfate Market
      • 7.4.4.7.1 Rest of LAMEA Potassium Sulfate Market, By Form
      • 7.4.4.7.2 Rest of LAMEA Potassium Sulfate Market, By Purity
      • 7.4.4.7.3 Rest of LAMEA Potassium Sulfate Market, By End User

Chapter 8. Company Profiles

• 8.1 Sesoda Corporation
  • 8.1.1 Company Overview
  • 8.1.2 Financial Analysis
• 8.2 Sociedad Quimica Y Minera De Chile S.A
  • 8.2.1 Company Overview
  • 8.2.2 Financial Analysis
  • 8.2.3 Segmental and Regional Analysis
• 8.3 Halogen
  • 8.3.1 Company Overview
• 8.4 Yara International ASA
  • 8.4.1 Company Overview
  • 8.4.2 Financial Analysis
  • 8.4.3 Segmental and Regional Analysis
  • 8.4.4 Research & Development Expenses
• 8.5 The Mosaic Company
  • 8.5.1 Company Overview
  • 8.5.2 Financial Analysis
  • 8.5.3 Segmental and Regional Analysis
  • 8.5.4 SWOT Analysis
• 8.6 Compass Minerals International, Inc.
  • 8.6.1 Company Overview
  • 8.6.2 Financial Analysis
  • 8.6.3 Segmental and Regional Analysis
  • 8.6.4 SWOT Analysis
• 8.7 K+S Aktiengesellschaft
  • 8.7.1 Company Overview
  • 8.7.2 Financial Analysis
  • 8.7.3 Regional Analysis
  • 8.7.4 Research & Development Expenses
  • 8.7.5 Recent strategies and developments:
    • 8.7.5.1 Partnerships, Collaborations, and Agreements:
• 8.8 Intrepid Potash Inc.
  • 8.8.1 Company Overview
  • 8.8.2 Financial Analysis
  • 8.8.3 Segmental Analysis
  • 8.8.4 SWOT Analysis
• 8.9 Tessenderlo Group nv
  • 8.9.1 Company Overview
  • 8.9.2 Financial Analysis
  • 8.9.3 Segmental and Regional Analysis
  • 8.9.4 Research & Development Expenses
  • 8.9.5 SWOT Analysis

Chapter 9. Winning Imperatives for Potassium Sulfate Market