Potassium Chloride Market Report 2023 (Global Edition)

Global Potassium Chloride Market Report 2023 talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Potassium Chloride Industry growth. Potassium Chloride market has been segmented with the help of its Type, Application Distribution Channel, and others. Potassium Chloride market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.

Report scope is customizable as we have a huge database of Potassium Chloride industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.

Type Segment Analysis of Potassium Chloride Market

Quality management is the major parameter to meet specific standards and specifications, reliability and consistency. The chemical and material industry is full of various types of chemicals and it is necessary to focus on quality management because it may affect environment & other equipment. Raw materials plays an important role in this industry. The chemical industry converts these raw materials into primary, secondary, and tertiary products. Fluctuations in raw material prices may impact the market growth in the near future. This study includes the revenue generation of each type in each region for the year 2018 to 2030. Additionally it also provides detailed supply chain analysis along with current trends in the market which are expected to propel the market growth in the coming year.

Type of Potassium Chloride analyzed in this report are as follows:

• Powder
• Crystal
• Big Granule

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Potassium Chloride Industry. Request a Free Sample PDF!

Fertilizer Segment Analysis of Potassium Chloride Market

In Terms of Revenue, Fertilizers was the Leading segment with 40.89% Share of total Potassium Chloride Market in 2021.

Based on applications, the market is segmented into pharmaceuticals, fertilizers, food, industrial, and others. The fertilizers segment held the largest market in 2021 and is expected to grow significantly in the upcoming period. Following the fertilizers segment, the pharmaceutical segment held second largest market share and it is also expected to grow in the forecast period.

The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Potassium Chloride market report 2023 Edition by contacting our team.

Potassium Chloride Distribution Channel Segment Analysis

• Online
• Offline

Potassium Chloride Grade Segment Analysis

Fertilizer Grade Segment Analysis of Potassium Chloride Market

In Terms of Revenue, Fertilizer Grade was the Leading segment with 47.56% Share of total Potassium Chloride Market in 2021.

Based On Grade, the Potassium Chloride market is segmented into food grade, pharma grade, fertilizer grade, and others. The fertilizer-grade segment held largest market share due to the increasing demand for KCl in the agriculture sector and pharma-grade KCl is expected to grow significantly in the forecast period.

• Food Grade
• Pharma Grade
• Fertilizer Grade
• Others

Potassium Chloride Crop Segment Analysis

• Cereals
• Oilseeds
• Fiber / Sugar and R&T
• Fruits & Vegetables
• Others Grass & Residuals

Regional Analysis of the Potassium Chloride Market:

Asia Pacific was the dominated region with 34.34% of total revenue market share in 2021.

Asia Pacific held the maximum market share accounting for about 34.34%, owing to the presence of major agriculture-based countries like India and China. According to World Bank Data, India has 60.2% of its land is under the agriculture sector, and in China, 56.1% of the land is under the agriculture sector. Further, North America, with its increasing demand for KCl in the agriculture and healthcare sector, is accounted to retain a significant position in the forecast period.

Region-wise, the market is analyzed across: (In case you wish to acquire a specific region or any country data then please contact us)

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!

Potassium Chloride Industry News:

• Granules India gets USFDA nod for potassium chloride tablets used to treat hypokalemia (October 2022)

Granules India has received marketing approval from the US Food and Drug Administration (USFDA) for Potassium Chloride extended-release tablets USP in the strengths of 10 mEq (750 mg) and 20 mEq (1500 mg), the company said in a BSE filing.

• Verkhnekamsk Potash Company Completed the Skip Shaft Sinking (December 2020)

Verkhnekamsk Potash Company completed the skip shaft sinking at the Talitsky mine construction site. The Talitsky mine shafts were constructed by contractor FSUE Construction Department No. 30. Upon completion of the skip shaft sinking, a depth of 413.9 meters was reached and over 56,000 cubic meters of rock were raised to the surface.

• Potassium Chloride prices surging due to growing demand from its downstream market (March 2022)

The price of raw material Potassium is rising in the global market, due to its growing consumption in the downstream agricultural, soap, and detergent industries. In March 2022, the price of Potassium Chloride in India surged to $593/ton Ex-Ahmedabad. The retrospecting sanctions by the European Union (EU) over feedstock Potash on Belarus due to its support to Russia in military attacks against Ukraine increased the product's price. In Germany, the price of KCl was observed to be $330/ton FOB Hamburg with a rise of 1.54%.
 

Top Companies Market Share in Potassium Chloride Industry: (In no particular order of Rank)

• Agrium Inc.
• The Mosaic Company
• Nutrient Ltd.
• ARAB POTASH
• JSC Belaruskali
• ICL Fertilizers Ltd.
• K+S KALI GmbH
• Uralkali
• IMC Global Inc.
• SQM (Sociedad Química y Minerade Chile)
• Sinofert Holdings
• Potash Corporation of Saskatchewan Inc.
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables..