Sulfate of Potash Industry Research Report 2024

Sulfate of Potash Industry Research Report 2024


Sulfate of Potash (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.
Sulfate of Potash contains between 50-52% of K2O and approx. 18% of sulphur which is a needed element in plant growth and deficient in many soils. In the commercial market, combining potassium (50% K2O) and sulphur (18%) potassium sulfate is the majority commercial product due to the high concentration of nutrients readily available to plants. Otherwise than potassium chloride (SOP) does not contain any chlorides, which can be harmful to some crops like tobacco, fruits and vegetable.

Highlights

The global Sulfate of Potash market is projected to reach US$ million by 2030 from an estimated US$ million in 2024, at a CAGR of % during 2025 and 2030.
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%.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Sulfate of Potash, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Sulfate of Potash.
The Sulfate of Potash market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Sulfate of Potash market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Sulfate of Potash manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report 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

Product Type Insights

Global markets are presented by Sulfate of Potash type, along with growth forecasts through 2030. Estimates on production and value are based on the price in the supply chain at which the Sulfate of Potash are procured by the manufacturers.
This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows production and revenue data by type, and during the historical period (2019-2024) and forecast period (2025-2030).
Sulfate of Potash segment by Type

Powder SOP
Granular SOP

Application Insights

This report has provided the market size (production and revenue data) by application, during the historical period (2019-2024) and forecast period (2025-2030).
This report also outlines the market trends of each segment and consumer behaviors impacting the Sulfate of Potash market and what implications these may have on the industry's future. This report can help to understand the relevant market and consumer trends that are driving the Sulfate of Potash market.
Sulfate of Potash segment by Application

Agricultural
Industrial
Others

Regional Outlook

This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue and sales data of each region and country for the period 2019-2030.
The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2023 because of the base year, with estimates for 2024 and forecast value for 2030.
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

COVID-19 and Russia-Ukraine War Influence Analysis

The readers in the section will understand how the Sulfate of Potash market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

Reasons to Buy This Report

This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Sulfate of Potash market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
This report will help stakeholders to understand the global industry status and trends of Sulfate of Potash and provides them with information on key market drivers, restraints, challenges, and opportunities.
This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
This report stays updated with novel technology integration, features, and the latest developments in the market
This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Sulfate of Potash industry.
This report helps stakeholders to gain insights into which regions to target globally
This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Sulfate of Potash.
This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Core Chapters

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Sulfate of Potash manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Sulfate of Potash by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Sulfate of Potash in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Sulfate of Potash by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
1.2.2 Powder SOP
1.2.3 Granular SOP
2.3 Sulfate of Potash by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 Agricultural
2.3.3 Industrial
2.3.4 Others
2.4 Global Market Growth Prospects
2.4.1 Global Sulfate of Potash Production Value Estimates and Forecasts (2019-2030)
2.4.2 Global Sulfate of Potash Production Capacity Estimates and Forecasts (2019-2030)
2.4.3 Global Sulfate of Potash Production Estimates and Forecasts (2019-2030)
2.4.4 Global Sulfate of Potash Market Average Price (2019-2030)
3 Market Competitive Landscape by Manufacturers
3.1 Global Sulfate of Potash Production by Manufacturers (2019-2024)
3.2 Global Sulfate of Potash Production Value by Manufacturers (2019-2024)
3.3 Global Sulfate of Potash Average Price by Manufacturers (2019-2024)
3.4 Global Sulfate of Potash Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Sulfate of Potash Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Sulfate of Potash Manufacturers, Product Type & Application
3.7 Global Sulfate of Potash Manufacturers, Date of Enter into This Industry
3.8 Global Sulfate of Potash Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 K+S Group
4.1.1 K+S Group Sulfate of Potash Company Information
4.1.2 K+S Group Sulfate of Potash Business Overview
4.1.3 K+S Group Sulfate of Potash Production Capacity, Value and Gross Margin (2019-2024)
4.1.4 K+S Group Product Portfolio
4.1.5 K+S Group Recent Developments
4.2 Tessenderlo Group
4.2.1 Tessenderlo Group Sulfate of Potash Company Information
4.2.2 Tessenderlo Group Sulfate of Potash Business Overview
4.2.3 Tessenderlo Group Sulfate of Potash Production Capacity, Value and Gross Margin (2019-2024)
4.2.4 Tessenderlo Group Product Portfolio
4.2.5 Tessenderlo Group Recent Developments
4.3 Compass Minerals
4.3.1 Compass Minerals Sulfate of Potash Company Information
4.3.2 Compass Minerals Sulfate of Potash Business Overview
4.3.3 Compass Minerals Sulfate of Potash Production Capacity, Value and Gross Margin (2019-2024)
4.3.4 Compass Minerals Product Portfolio
4.3.5 Compass Minerals Recent Developments
4.4 SQM
4.4.1 SQM Sulfate of Potash Company Information
4.4.2 SQM Sulfate of Potash Business Overview
4.4.3 SQM Sulfate of Potash Production Capacity, Value and Gross Margin (2019-2024)
4.4.4 SQM Product Portfolio
4.4.5 SQM Recent Developments
4.5 YARA
4.5.1 YARA Sulfate of Potash Company Information
4.5.2 YARA Sulfate of Potash Business Overview
4.5.3 YARA Sulfate of Potash Production Capacity, Value and Gross Margin (2019-2024)
4.5.4 YARA Product Portfolio
4.5.5 YARA Recent Developments
4.6 Rusal
4.6.1 Rusal Sulfate of Potash Company Information
4.6.2 Rusal Sulfate of Potash Business Overview
4.6.3 Rusal Sulfate of Potash Production Capacity, Value and Gross Margin (2019-2024)
4.6.4 Rusal Product Portfolio
4.6.5 Rusal Recent Developments
4.7 Sesoda
4.7.1 Sesoda Sulfate of Potash Company Information
4.7.2 Sesoda Sulfate of Potash Business Overview
4.7.3 Sesoda Sulfate of Potash Production Capacity, Value and Gross Margin (2019-2024)
4.7.4 Sesoda Product Portfolio
4.7.5 Sesoda Recent Developments
4.8 Archean Group
4.8.1 Archean Group Sulfate of Potash Company Information
4.8.2 Archean Group Sulfate of Potash Business Overview
4.8.3 Archean Group Sulfate of Potash Production Capacity, Value and Gross Margin (2019-2024)
4.8.4 Archean Group Product Portfolio
4.8.5 Archean Group Recent Developments
4.9 Guotou Xinjiang LuoBuPo Potassium Salt
4.9.1 Guotou Xinjiang LuoBuPo Potassium Salt Sulfate of Potash Company Information
4.9.2 Guotou Xinjiang LuoBuPo Potassium Salt Sulfate of Potash Business Overview
4.9.3 Guotou Xinjiang LuoBuPo Potassium Salt Sulfate of Potash Production Capacity, Value and Gross Margin (2019-2024)
4.9.4 Guotou Xinjiang LuoBuPo Potassium Salt Product Portfolio
4.9.5 Guotou Xinjiang LuoBuPo Potassium Salt Recent Developments
4.10 Qing Shang Chemical
4.10.1 Qing Shang Chemical Sulfate of Potash Company Information
4.10.2 Qing Shang Chemical Sulfate of Potash Business Overview
4.10.3 Qing Shang Chemical Sulfate of Potash Production Capacity, Value and Gross Margin (2019-2024)
4.10.4 Qing Shang Chemical Product Portfolio
4.10.5 Qing Shang Chemical Recent Developments
7.11 Migao Group
7.11.1 Migao Group Sulfate of Potash Company Information
7.11.2 Migao Group Sulfate of Potash Business Overview
4.11.3 Migao Group Sulfate of Potash Production Capacity, Value and Gross Margin (2019-2024)
7.11.4 Migao Group Product Portfolio
7.11.5 Migao Group Recent Developments
7.12 Qinghai CITIC Guoan Technology
7.12.1 Qinghai CITIC Guoan Technology Sulfate of Potash Company Information
7.12.2 Qinghai CITIC Guoan Technology Sulfate of Potash Business Overview
7.12.3 Qinghai CITIC Guoan Technology Sulfate of Potash Production Capacity, Value and Gross Margin (2019-2024)
7.12.4 Qinghai CITIC Guoan Technology Product Portfolio
7.12.5 Qinghai CITIC Guoan Technology Recent Developments
7.13 Gansu Xinchuan Fertilizer
7.13.1 Gansu Xinchuan Fertilizer Sulfate of Potash Company Information
7.13.2 Gansu Xinchuan Fertilizer Sulfate of Potash Business Overview
7.13.3 Gansu Xinchuan Fertilizer Sulfate of Potash Production Capacity, Value and Gross Margin (2019-2024)
7.13.4 Gansu Xinchuan Fertilizer Product Portfolio
7.13.5 Gansu Xinchuan Fertilizer Recent Developments
7.14 Evergrow
7.14.1 Evergrow Sulfate of Potash Company Information
7.14.2 Evergrow Sulfate of Potash Business Overview
7.14.3 Evergrow Sulfate of Potash Production Capacity, Value and Gross Margin (2019-2024)
7.14.4 Evergrow Product Portfolio
7.14.5 Evergrow Recent Developments
5 Global Sulfate of Potash Production by Region
5.1 Global Sulfate of Potash Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global Sulfate of Potash Production by Region: 2019-2030
5.2.1 Global Sulfate of Potash Production by Region: 2019-2024
5.2.2 Global Sulfate of Potash Production Forecast by Region (2025-2030)
5.3 Global Sulfate of Potash Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global Sulfate of Potash Production Value by Region: 2019-2030
5.4.1 Global Sulfate of Potash Production Value by Region: 2019-2024
5.4.2 Global Sulfate of Potash Production Value Forecast by Region (2025-2030)
5.5 Global Sulfate of Potash Market Price Analysis by Region (2019-2024)
5.6 Global Sulfate of Potash Production and Value, YOY Growth
5.6.1 North America Sulfate of Potash Production Value Estimates and Forecasts (2019-2030)
5.6.2 Europe Sulfate of Potash Production Value Estimates and Forecasts (2019-2030)
5.6.3 China Sulfate of Potash Production Value Estimates and Forecasts (2019-2030)
5.6.4 Japan Sulfate of Potash Production Value Estimates and Forecasts (2019-2030)
5.6.5 India Sulfate of Potash Production Value Estimates and Forecasts (2019-2030)
5.6.6 Mid East & Africa Sulfate of Potash Production Value Estimates and Forecasts (2019-2030)
6 Global Sulfate of Potash Consumption by Region
6.1 Global Sulfate of Potash Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global Sulfate of Potash Consumption by Region (2019-2030)
6.2.1 Global Sulfate of Potash Consumption by Region: 2019-2030
6.2.2 Global Sulfate of Potash Forecasted Consumption by Region (2025-2030)
6.3 North America
6.3.1 North America Sulfate of Potash Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.3.2 North America Sulfate of Potash Consumption by Country (2019-2030)
6.3.3 United States
6.3.4 Canada
6.4 Europe
6.4.1 Europe Sulfate of Potash Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.4.2 Europe Sulfate of Potash Consumption by Country (2019-2030)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.5 Asia Pacific
6.5.1 Asia Pacific Sulfate of Potash Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.5.2 Asia Pacific Sulfate of Potash Consumption by Country (2019-2030)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 China Taiwan
6.5.7 Southeast Asia
6.5.8 India
6.5.9 Australia
6.6 Latin America, Middle East & Africa
6.6.1 Latin America, Middle East & Africa Sulfate of Potash Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.6.2 Latin America, Middle East & Africa Sulfate of Potash Consumption by Country (2019-2030)
6.6.3 Mexico
6.6.4 Brazil
6.6.5 Turkey
6.6.5 GCC Countries
7 Segment by Type
7.1 Global Sulfate of Potash Production by Type (2019-2030)
7.1.1 Global Sulfate of Potash Production by Type (2019-2030) & (K MT)
7.1.2 Global Sulfate of Potash Production Market Share by Type (2019-2030)
7.2 Global Sulfate of Potash Production Value by Type (2019-2030)
7.2.1 Global Sulfate of Potash Production Value by Type (2019-2030) & (US$ Million)
7.2.2 Global Sulfate of Potash Production Value Market Share by Type (2019-2030)
7.3 Global Sulfate of Potash Price by Type (2019-2030)
8 Segment by Application
8.1 Global Sulfate of Potash Production by Application (2019-2030)
8.1.1 Global Sulfate of Potash Production by Application (2019-2030) & (K MT)
8.1.2 Global Sulfate of Potash Production by Application (2019-2030) & (K MT)
8.2 Global Sulfate of Potash Production Value by Application (2019-2030)
8.2.1 Global Sulfate of Potash Production Value by Application (2019-2030) & (US$ Million)
8.2.2 Global Sulfate of Potash Production Value Market Share by Application (2019-2030)
8.3 Global Sulfate of Potash Price by Application (2019-2030)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Sulfate of Potash Value Chain Analysis
9.1.1 Sulfate of Potash Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Sulfate of Potash Production Mode & Process
9.2 Sulfate of Potash Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Sulfate of Potash Distributors
9.2.3 Sulfate of Potash Customers
10 Global Sulfate of Potash Analyzing Market Dynamics
10.1 Sulfate of Potash Industry Trends
10.2 Sulfate of Potash Industry Drivers
10.3 Sulfate of Potash Industry Opportunities and Challenges
10.4 Sulfate of Potash Industry Restraints
11 Report Conclusion
12 Disclaimer

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