Potassium Sulphate Market Report, by Form (Solid (Standard & Granular) and Liquid (Soluble SOP)), by Process (Mannheim Process, Sulphate Salts Reaction, Brine Processing, Others), by End-use industry (Agriculture, Industrial, Pharmaceuticals, Cosmetics, F

Potassium Sulphate Market Report, by Form (Solid (Standard & Granular) and Liquid (Soluble SOP)), by Process (Mannheim Process, Sulphate Salts Reaction, Brine Processing, Others), by End-use industry (Agriculture, Industrial, Pharmaceuticals, Cosmetics, Food & Beverages, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Potassium sulphate are amongst widely used chemical fertilizers, globally along with urea and phosphate fertilizers. Amongst the major End-use Industry, global potassium sulphate market is segmented into agriculture, industrial, pharmaceuticals, cosmetics, food & beverages, and others. Agriculture segment accounted for the largest market share of 79.9% and accounted for US$ 3,231.5 million in 2021.
In the agriculture industry, potassium sulphate is utilized as a fertilizer for crops that are sensitive to chlorine. Chlorine sensitivity is predominantly observed in crops such as potatoes, tobacco, nuts, fruits, and vegetables. The increasing production of these crops across the world has bolstered growth of the agriculture segment in the global potassium sulphate market. For instance, according to the Food and Agricultural Organization (FAO), China, India, and Russia were among the largest producers of potato with a combined production of around 170 Mn tons in 2015.
Market Dynamics
North America potassium sulphate market growth is mainly driven by presence of major market players and their strategies such as mergers and acquisitions, product launches, and partnerships with fertilizer manufacturers. For instance, in 2016, compass minerals launched Potassium+ Organic. It is an organic sulphate of potash (SOP), which offers high potassium and plant-available sulphate sulfur. This product is approved for organic food production by various organization such as the Organic Materials Review Institute (OMRI), California Department of Food and Agriculture (CDFA), and USDA National Organic Standards Board (NOSB).
Latin America is a major consumer of potassium sulphate, owing to the presence of emerging economies such as Argentina and Brazil among others. The rising population in the region has resulted in need to increase agricultural yield from available farmland. For instance, according to the World Bank data, the population of Brazil and Argentina is expected to grow at a rate of 0.8% and 1.0%, respectively. The fertilizer consumption per hectare in Argentina and Brazil was pegged at 36.0 kg/ha and 175.2 kg/ha, respectively.
Key features of the study:
This report provides in-depth analysis of potassium sulphate market ,market size (US$ Million and Kilo Tons), and Compound Annual Growth Rate (CAGR %) for the forecast period (2022 - 2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the global potassium sulphate market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include K+S KALI GmbH, Compass Minerals International Inc., Tessenderlo Group, SQM SA, Sesoda Corporation, Migao Corporation, The Mosaic Company, Yara International ASA, SOPerior Fertilizer Corp., and Interpid Potash, Inc.
Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
The global potassium sulphate market report caters to various stakeholders in this industry including investors, suppliers, potassium Sulphate manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global potassium sulphate market
Detailed Segmentation:
Global Potassium Sulphate Market, By Form:

Solid (Standard & Granular)
Liquid (Soluble SOP)
Global Potassium Sulphate Market, By Process:
Mannheim Process
Sulphate Salts Reaction
Brine Processing
Others
Global Potassium Sulphate Market, By End-use Industry:
Agriculture
Industrial
Pharmaceuticals
Cosmetics
Food & Beverages
Others
Global Potassium Sulphate Market, By Region:
North America
U.S.
By Form:
Solid (Standard & Granular)
Liquid (Soluble SOP)
By Process:
Mannheim Process
Sulphate Salts Reaction
Brine Processing
Others
By End-use Industry:
Agriculture
Industrial
Pharmaceuticals
Cosmetics
Food & Beverages
Others
Canada
By Form:
Solid (Standard & Granular)
Liquid (Soluble SOP)
By Process:
Mannheim Process
Sulphate Salts Reaction
Brine Processing
Others
By End-use Industry:
Agriculture
Industrial
Pharmaceuticals
Cosmetics
Food & Beverages
Others
Europe
U.K.
By Form:
Solid (Standard & Granular)
Liquid (Soluble SOP)
By Process:
Mannheim Process
Sulphate Salts Reaction
Brine Processing
Others
By End-use Industry:
Agriculture
Industrial
Pharmaceuticals
Cosmetics
Food & Beverages
Others
Germany
By Form:
Solid (Standard & Granular)
Liquid (Soluble SOP)
By Process:
Mannheim Process
Sulphate Salts Reaction
Brine Processing
Others
By End-use Industry:
Agriculture
Industrial
Pharmaceuticals
Cosmetics
Food & Beverages
Others
Italy
By Form:
Solid (Standard & Granular)
Liquid (Soluble SOP)
By Process:
Mannheim Process
Sulphate Salts Reaction
Brine Processing
Others
By End-use Industry:
Agriculture
Industrial
Pharmaceuticals
Cosmetics
Food & Beverages
Others
France
By Form:
Solid (Standard & Granular)
Liquid (Soluble SOP)
By Process:
Mannheim Process
Sulphate Salts Reaction
Brine Processing
Others
By End-use Industry:
Agriculture
Industrial
Pharmaceuticals
Cosmetics
Food & Beverages
Others
Russia
By Form:
Solid (Standard & Granular)
Liquid (Soluble SOP)
By Process:
Mannheim Process
Sulphate Salts Reaction
Brine Processing
Others
By End-use Industry:
Agriculture
Industrial
Pharmaceuticals
Cosmetics
Food & Beverages
Others
Rest of Europe
By Form:
Solid (Standard & Granular)
Liquid (Soluble SOP)
By Process:
Mannheim Process
Sulphate Salts Reaction
Brine Processing
Others
By End-use Industry:
Agriculture
Industrial
Pharmaceuticals
Cosmetics
Food & Beverages
Others
Asia Pacific
China
By Form:
Solid (Standard & Granular)
Liquid (Soluble SOP)
By Process:
Mannheim Process
Sulphate Salts Reaction
Brine Processing
Others
By End-use Industry:
Agriculture
Industrial
Pharmaceuticals
Cosmetics
Food & Beverages
Others
India
By Form:
Solid (Standard & Granular)
Liquid (Soluble SOP)
By Process:
Mannheim Process
Sulphate Salts Reaction
Brine Processing
Others
By End-use Industry:
Agriculture
Industrial
Pharmaceuticals
Cosmetics
Food & Beverages
Others
Japan
By Form:
Solid (Standard & Granular)
Liquid (Soluble SOP)
By Process:
Mannheim Process
Sulphate Salts Reaction
Brine Processing
Others
By End-use Industry:
Agriculture
Industrial
Pharmaceuticals
Cosmetics
Food & Beverages
Others
ASEAN
By Form:
Solid (Standard & Granular)
Liquid (Soluble SOP)
By Process:
Mannheim Process
Sulphate Salts Reaction
Brine Processing
Others
By End-use Industry:
Agriculture
Industrial
Pharmaceuticals
Cosmetics
Food & Beverages
Others
Australia
By Form:
Solid (Standard & Granular)
Liquid (Soluble SOP)
By Process:
Mannheim Process
Sulphate Salts Reaction
Brine Processing
Others
By End-use Industry:
Agriculture
Industrial
Pharmaceuticals
Cosmetics
Food & Beverages
Others
South Korea
By Form:
Solid (Standard & Granular)
Liquid (Soluble SOP)
By Process:
Mannheim Process
Sulphate Salts Reaction
Brine Processing
Others
By End-use Industry:
Agriculture
Industrial
Pharmaceuticals
Cosmetics
Food & Beverages
Others
Rest of Asia Pacific
By Form:
Solid (Standard & Granular)
Liquid (Soluble SOP)
By Process:
Mannheim Process
Sulphate Salts Reaction
Brine Processing
Others
By End-use Industry:
Agriculture
Industrial
Pharmaceuticals
Cosmetics
Food & Beverages
Others
Latin America
Brazil
By Form:
Solid (Standard & Granular)
Liquid (Soluble SOP)
By Process:
Mannheim Process
Sulphate Salts Reaction
Brine Processing
Others
By End-use Industry:
Agriculture
Industrial
Pharmaceuticals
Cosmetics
Food & Beverages
Others
Mexico
By Form:
Solid (Standard & Granular)
Liquid (Soluble SOP)
By Process:
Mannheim Process
Sulphate Salts Reaction
Brine Processing
Others
By End-use Industry:
Agriculture
Industrial
Pharmaceuticals
Cosmetics
Food & Beverages
Others
Rest of Latin America
By Form:
Solid (Standard & Granular)
Liquid (Soluble SOP)
By Process:
Mannheim Process
Sulphate Salts Reaction
Brine Processing
Others
By End-use Industry:
Agriculture
Industrial
Pharmaceuticals
Cosmetics
Food & Beverages
Others
Middle East
GCC
By Form:
Solid (Standard & Granular)
Liquid (Soluble SOP)
By Process:
Mannheim Process
Sulphate Salts Reaction
Brine Processing
Others
By End-use Industry:
Agriculture
Industrial
Pharmaceuticals
Cosmetics
Food & Beverages
Others
Israel
By Form:
Solid (Standard & Granular)
Liquid (Soluble SOP)
By Process:
Mannheim Process
Sulphate Salts Reaction
Brine Processing
Others
By End-use Industry:
Agriculture
Industrial
Pharmaceuticals
Cosmetics
Food & Beverages
Others
Rest of Middle East
By Form:
Solid (Standard & Granular)
Liquid (Soluble SOP)
By Process:
Mannheim Process
Sulphate Salts Reaction
Brine Processing
Others
By End-use Industry:
Agriculture
Industrial
Pharmaceuticals
Cosmetics
Food & Beverages
Others
Africa
North Africa
By Form:
Solid (Standard & Granular)
Liquid (Soluble SOP)
By Process:
Mannheim Process
Sulphate Salts Reaction
Brine Processing
Others
By End-use Industry:
Agriculture
Industrial
Pharmaceuticals
Cosmetics
Food & Beverages
Others
Central Africa
By Form:
Solid (Standard & Granular)
Liquid (Soluble SOP)
By Process:
Mannheim Process
Sulphate Salts Reaction
Brine Processing
Others
By End-use Industry:
Agriculture
Industrial
Pharmaceuticals
Cosmetics
Food & Beverages
Others
South Africa
By Form:
Solid (Standard & Granular)
Liquid (Soluble SOP)
By Process:
Mannheim Process
Sulphate Salts Reaction
Brine Processing
Others
By End-use Industry:
Agriculture
Industrial
Pharmaceuticals
Cosmetics
Food & Beverages
Others
Company Profiles
K+S KALI GmbH*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Compass Minerals International Inc.
Tessenderlo Group
SQM S.A.
Sesoda Corporation
Migao Corporation
The Mosaic Company
Yara International ASA
SOPerior Fertilizer Corp.
Interpid Potash Inc.
“*” marked represents similar segmentation in other categories in the respective section.