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Potassium Carbonate Market, Global Outlook and Forecast 2023-2029

Potassium Carbonate Market, Global Outlook and Forecast 2023-2029

  • Published on : 27 March 2023
  • Pages :112
  • Report Code:SMR-7616247

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Report overview

Potassium carbonate (K2CO3), also known as potash carbonate, is a translucent and odourless organic alkaline solution or a white and odourless solid chemical compound that is available in crystalline granulated or powder form.
The Potassium Carbonate market covers Electrolysis Method, Ion Exchange Method, Ash Method, etc. The typical players include UNID Global Corporation, WENTONG Group (Qinghai Yanhu), Armand Products, Evonik, Zhejiang Dayang, Vynova PPC, AGC Chemicals, JSC Pikalevskaya Soda, etc.
This report aims to provide a comprehensive presentation of the global market for Potassium Carbonate, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Potassium Carbonate. This report contains market size and forecasts of Potassium Carbonate in global, including the following market information:
Global Potassium Carbonate Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Potassium Carbonate Market Sales, 2018-2023, 2024-2029, (MT)
Global top five Potassium Carbonate companies in 2022 (%)
The global Potassium Carbonate market was valued at US$ 570.7 million in 2022 and is projected to reach US$ 691.2 million by 2029, at a CAGR of 2.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Globally, potassium carbonate manufacturers are mainly distributed in South Korea, China, the United States, Germany, etc. The global key Potassium Carbonate manufacturers include UNID Global Corporation, Zhejiang Dayang, Armand Products, Evonik, WENTONG Group (Qinghai Yanhu), Vynova PPC, AGC Chemicals, JSC Pikalevskaya Soda, Altair Chimica, GACL, etc.
At present, the production process of potassium carbonate mainly includes Electrolysis Method, Ion Exchange Method, Ash Method and Other Method. At present, ion exchange method and electrolysis method are commonly used in the market. The Ash Method and Other Method production process has been eliminated due to high energy consumption, serious pollution, poor product quality and unsuitability for large-scale production.
The main consumption areas of global potassium carbonate are Glass & Ceramic manufacturing, Agrochemicals, Pharmaceutical, Food Industry and Potassium Salts. Global potassium carbonate is mainly used to manufacture glass & ceramics, with agrochemical industries accounting for 31% and 26% respectively.
As the largest consumer country, China accounting for 30% of the global total. In China, potassium carbonate has different quality grades and is widely used in food, pesticide, medicine, industry and other fields. The United States is the second important consumer country, with consumption accounting for 12% of the global during last year.
We surveyed the Potassium Carbonate manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Potassium Carbonate Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Potassium Carbonate Market Segment Percentages, by Type, 2022 (%)
Electrolysis Method
Ion Exchange Method
Ash Method
Other Method
Global Potassium Carbonate Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Potassium Carbonate Market Segment Percentages, by Application, 2022 (%)
Glass & Ceramic
Agrochemicals
Pharmaceutical
Food Industry
Potassium Salts
Dyes & Inks
Electroplating
Others
Global Potassium Carbonate Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Potassium Carbonate Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Potassium Carbonate revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Potassium Carbonate revenues share in global market, 2022 (%)
Key companies Potassium Carbonate sales in global market, 2018-2023 (Estimated), (MT)
Key companies Potassium Carbonate sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
UNID
Zhejiang Dayang
Armand Products
Evonik
WENTONG Group (Qinghai Yanhu)
Vynova PPC
AGC Chemical
JSC Pikalevskaya Soda
Altair Chimica
GACL
Wenshui Zhenxing
Hebei Xinjichemical
ASHTA
OPC
Runfeng Industrial
Shanxi Leixin
Shanxi Wencheng Chemical
Outline of Major Chapters:
Chapter 1: Introduces the definition of Potassium Carbonate, market overview.
Chapter 2: Global Potassium Carbonate market size in revenue and volume.
Chapter 3: Detailed analysis of Potassium Carbonate manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Potassium Carbonate in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Potassium Carbonate capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.