Global Potassium Sulphate Market Growth 2023-2029

Global Potassium Sulphate Market Growth 2023-2029

Potassium sulphate (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.

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

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

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

The global Potassium Sulphate market size is projected to grow from US$ 3906.2 million in 2022 to US$ 4607.1 million in 2029; it is expected to grow at a CAGR of 4607.1 from 2023 to 2029.

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%.

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

Market Segmentation:

Segmentation by type
Powder SOP
Granular SOP

Segmentation by application
Agricultural
Industrial
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.
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
AVIC International Holding
Wuxi Yangheng Chemical
Shijiazhuang Hehe Chemical Fertilizer
Shandong Lianmeng Chemical Group
Yantai Qifund Chemical
Liaoning Xinshui Chemical

Key Questions Addressed in this Report

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

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

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

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

How does Potassium Sulphate 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.