This report studies the global Potassium Sulphate industry status, China market entry and growth opportunity, focuses on the Chinese local and International manufacturers, analyzes the China market competition landscape, market size (value and volume), opportunity and challenge, risk and entry barriers.
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.
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.
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For manufacturing process of potassium sulphate, the most important manufacturing process is mannheim process, sulfate salts reaction and brines (salt lakes) processing, respectively accounted for 51.27%, 14.25% and 31.62% in 2016. The manufacturers who adopt the brines (salt lakes) processing to produce potassium sulphate have advantages in manufacturing cost over other manufacturers who adopt the other manufacturing process.
The downstream demand was relatively stable in the past five years, and it will keep the growth trend in the future five years, because of it has been a must to some crops which are particularly sensitive to chlorine, such as potatoes, fruits, vegetables and tobacco. Although the price changed frequently, it is expected that the price will keep a slow downward trend in future due to excess capacity.
The global Potassium Sulphate market is valued at 4180 million USD in 2017 and is expected to reach 6610 million USD by the end of 2025, growing at a CAGR of 5.9% between 2018 and 2025.
This research report categorizes the China and global Potassium Sulphate market by type, end-use industry, and region.
International Manufacturers Covered
- K+S Group
- Tessenderlo Group
- Compass Minerals
China Local Manufacturers Covered
- Guotou Xinjiang LuoBuPo Potassium Salt
- Qing Shang Chemical
- Migao Group
- Qinghai CITIC Guoan Technology
- AVIC International Holding
- Gansu Xinchuan Fertilizer
- Shijiazhuang Hehe Chemical Fertilizer
- Shandong Lianmeng Chemical Group
- Yantai Qifund Chemical
- Liaoning Xinshui Chemical
- Wuxi Yangheng Chemical
- Agriculture Grade
- Industrial Grade
- Tree Nuts
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- United States