Global Potassium Metabisulfite Market Growth 2023-2029

Global Potassium Metabisulfite Market Growth 2023-2029

Potassium Metabisulfite, also called potassium pyrosulfite, is a white to faintly yellowish crystalline powder with a pungent sulfur odour. The main use for the chemical is as an antioxidant or chemical sterilant.

It is a disulfite and is chemically very similar to sodium metabisulfite, with which it is sometimes used interchangeably. It is better than sodium metabisulfite because it does not add sodium to one's diet.

LPI (LP Information)' newest research report, the “Potassium Metabisulfite Industry Forecast” looks at past sales and reviews total world Potassium Metabisulfite sales in 2022, providing a comprehensive analysis by region and market sector of projected Potassium Metabisulfite sales for 2023 through 2029. With Potassium Metabisulfite sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Potassium Metabisulfite industry.

This Insight Report provides a comprehensive analysis of the global Potassium Metabisulfite 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 Potassium Metabisulfite portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Potassium Metabisulfite market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Potassium Metabisulfite 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 Potassium Metabisulfite.

The global Potassium Metabisulfite market size is projected to grow from US$ 112.5 million in 2022 to US$ 164.8 million in 2029; it is expected to grow at a CAGR of 164.8 from 2023 to 2029.

Global Potassium Metabisulfite key players include Esseco, BASF, Aditya Birla Chemicals, Shandong Minde Chemical, Imperial Oilfield Chemicals, etc. Global top five manufacturers hold a share over 60%.

EU is the largest market, with a share over 45%, followed by India and China, both have a share over 35%.

In terms of product, Food Grade is the largest segment, with a share about 80%. And in terms of application, the largest application is Food Preservative, followed by Pharmaceuticals, Winemaking, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Potassium Metabisulfite market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Industrial Grade

Food Grade

Segmentation by application

Winemaking

Pharmaceuticals

Food Preservative

Others

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.

Esseco

BASF

Aditya Birla Chemicals

Imperial Oilfield Chemicals

Jay Dinesh Chemicals

Shalibhadra Group

Triveni Chemicals

Shakti Chemicals

Ultramarines India

Advance Chemical Sales

Ram-Nath & Co.

Pat Impex

Shandong Minde Chemical

Zibo Baida Chemical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Potassium Metabisulfite market?

What factors are driving Potassium Metabisulfite market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Potassium Metabisulfite market opportunities vary by end market size?

How does Potassium Metabisulfite 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.