Global Mannheim Potassium Sulfate Market Growth 2023-2029
The most commonly used method for producing potassium sulfate is the Mannheim method, which is the reaction of potassium chloride and sulfuric acid at high temperature. Pour the raw materials into the center of a muffle furnace heated to above 600ºC. Potassium sulfate and hydrochloric acid are produced in a two-step reaction by potassium bisulfate. This SOP approach accounts for 45% to 55% of global supply. The Mannheim process is also the most expensive processing technology due to the high input costs associated with purchasing MOP and sulfuric acid.
LPI (LP Information)' newest research report, the “Mannheim Potassium Sulfate Industry Forecast” looks at past sales and reviews total world Mannheim Potassium Sulfate sales in 2022, providing a comprehensive analysis by region and market sector of projected Mannheim Potassium Sulfate sales for 2023 through 2029. With Mannheim Potassium Sulfate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Mannheim Potassium Sulfate industry.
This Insight Report provides a comprehensive analysis of the global Mannheim Potassium Sulfate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Mannheim Potassium Sulfate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Mannheim Potassium Sulfate market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Mannheim Potassium Sulfate and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Mannheim Potassium Sulfate.
The global Mannheim Potassium Sulfate market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Mannheim Potassium Sulfate is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Mannheim Potassium Sulfate is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Mannheim Potassium Sulfate is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Mannheim Potassium Sulfate players cover K+S Group, Tessenderlo Group, Compass Minerals, SQM, YARA, Rusal, Sesoda, Archean Group and Evergrow, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Mannheim Potassium Sulfate market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Powder
Granular
Segmentation by application
Grains
Fruits and Vegetables
Cash Crops
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
K+S Group
Tessenderlo Group
Compass Minerals
SQM
YARA
Rusal
Sesoda
Archean Group
Evergrow
Nfert
Qing Shang Chemical
Migao Group
Gansu Xinchuan Fertilizer
Tangshan Sanfu Silicon Industry
Anhui Guotai Chemical
Yantai Qifeng Chemical
Anhui Sert Fertilizer Industry
Key Questions Addressed in this Report
What is the 10-year outlook for the global Mannheim Potassium Sulfate market?
What factors are driving Mannheim Potassium Sulfate market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Mannheim Potassium Sulfate market opportunities vary by end market size?
How does Mannheim Potassium Sulfate break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook