Global Potassium carbonate Market – Industry Trends and Forecast to 2029

Analyse et taille du marché du carbonate de potassium

Le carbonate de potassium est le principal constituant de la potasse et des sels plus raffinés du tartre ou de la cendre perlée . En général, la cendre perlée était formée par cuisson de la potasse qui était utilisée pour éliminer les impuretés. La fine poudre blanche restante était la cendre perlée. Le premier brevet délivré par l'Office des brevets des États-Unis et Samuel Hopkins a été accordé en 1790 pour une méthode améliorée de fabrication de cendre perlée et de potasse. Le carbonate de potassium est largement utilisé comme fondant dans la production de verre car il augmente la résistance, la transparence et le coefficient de réfraction du verre et offre une excellente clarté. La demande croissante de produits en verre tels que les fenêtres, principalement utilisées dans l'automobile, le bâtiment et la construction, devrait créer des opportunités de croissance rentables pour le marché du carbonate de potassium.

Français Data Bridge Market Research analyse que le marché du carbonate de potassium était évalué à 1,90 milliard USD en 2021 et devrait atteindre 2,64 milliards USD d’ici 2029, enregistrant un TCAC de 4,22 % au cours de la période de prévision de 2022 à 2029. En plus des informations sur le marché telles que la valeur du marché, le taux de croissance, les segments de marché, la couverture géographique, les acteurs du marché et le scénario du marché, le rapport de marché organisé par l’équipe Data Bridge Market Research comprend une analyse approfondie des experts, une analyse des importations/exportations, une analyse des prix, une analyse de la consommation de production, une analyse des brevets et des avancées technologiques.     

Portée du rapport et segmentation du marché

Définition du marché du carbonate de potassium

Le carbonate de potassium est un composé inorganique dont la formule est K2CO3. Le carbonate de potassium (K2CO3) est un sel blanc soluble dans l'eau et insoluble dans l'éthanol et forme une solution fortement alcaline. Le carbonate de potassium peut être obtenu à partir de la réaction d'absorption d'hydroxyde de potassium avec du dioxyde de carbone. Il a une grande capacité d'absorption de l'humidité. Le carbonate de potassium est principalement utilisé dans la fabrication du verre et du savon.

Dynamique du marché du carbonate de potassium

Conducteurs

• Augmenter la demande de carbonate en poudre

L'utilisation croissante du carbonate de potassium en poudre dans la production de produits de soins personnels, d'aliments et de boissons et de détergents en raison de sa concentration uniforme et de sa solubilité facile augmente les ventes qui devraient propulser la croissance du marché du carbonate de potassium.

• Utilisation dans la production de verre

Le carbonate de potassium est utilisé dans l'industrie du verre. Le verre plat et la fibre de verre font partie des produits les plus exclusifs de l'industrie du verre utilisés dans de nombreuses industries telles que les industries chimiques et de biens de consommation, l'automobile et la construction. La croissance des ventes de carbonate de potassium dans l'industrie du verre peut être attribuée à l'augmentation de la demande de verre du secteur de la construction.

• Augmenter l'utilisation dans l'agriculture

Le carbonate de potassium est principalement utilisé dans le domaine agricole. Il est utilisé pour une meilleure croissance des plantes et aide également à absorber l'eau de l'environnement, il maintient le sol humide et doux. Les agriculteurs utilisent la potasse pour renforcer les tiges et les racines des plantes.

Opportunités

The huge application scope of potassium carbonate for food grade in the food industry and the large demand from glass industry is expected to positively impact the growth of the potassium carbonate market. These factors are also acting as an important determinant which will favour the growth of the potassium carbonate market during forecast period. Also, increase the demand from well-developed pharmaceutical industries and the increase in government support are also anticipated the growth of the potassium carbonate market. The major factor projected to accelerate the market's growth is the high demand for the potassium carbonate from numerous industries and the strong presence of huge market players. These all factors will act as market drivers and further increase valuable opportunities for the market's growth rate.

Restraints/ Challenges

Unnecessary amounts of potassium, specifically in legs, can be the reason of weakness. Irregular heartbeat, severe abdominal pain, confusion, fatigue, and bowel movements are some side effects associated with the excessive use of potassium carbonate which reduce the sale of potassium carbonate and will hinder the potassium carbonate market growth rate. Also, the huge amounts of potassium carbonate intake can lead to vomiting, ulcerations and death from shock which are anticipated to challenge the growth of the potassium carbonate market during forecast period.

This potassium carbonate market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the potassium carbonate market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Potassium Carbonate Market

During the Covid-19 outbreak, the government has imposed the lockdown restrictions which decrease the Sales of potassium carbonate in the market. The coronavirus has negatively affected the construction and automotive projects due to which in stagnated demand for potassium carbonate. Restrictions and Lockdowns in the movement have resulted in the standstill of trade activities, significantly disrupting the supply chain of potassium carbonate in the market. Thus, the fluctuation in the supply chain decreases the demand from the end user industries, which has impacted the growth of the global potassium carbonate market.

Recent Development

• In July 2021, In Europe, Vynova, which is a leading Chlor-alkali and PVC manufacturer had announced that it is going to set a manufacturing unit in Belgium to rise its production capacity.

Global Potassium Carbonate Market Scope

The potassium carbonate market is segmented on the basis of products, types and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Products

• Food Grade
• Industrial Grade

 Type

• Electrolysis Method
• Ion Exchange Method
• Ash Method
• Others

 Application

• Inorganic Chemicals
• Pharmaceutical
• Potassium Salts
• Glass/TVs/Ceramic
• Agrochemicals
• Dyes and Inks
• Rubber Chemicals
• Light Industry Raw Materials
• Medicine
• Food
• Others

Potassium Carbonate Market Regional Analysis/Insights

The potassium carbonate market is analysed and market size insights and trends are provided by country, products, types and application as referenced above.

The countries covered in the potassium carbonate market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the potassium carbonate market in terms of market share during the forecast period. This is due to the increasing demand for potassium carbonate in this region. The Asia-Pacific region leads the potassium carbonate market because of the increase in the usage for food grade potassium carbonate in food industry in this region.

During the estimated period, North America is anticipated to be the fastest developing region due to the high demand for potassium carbonate from several industries and the strong presence of huge market players.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Potassium Carbonate Market Share Analysis

The potassium carbonate market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to potassium carbonate market.

Some of the major players operating in the potassium carbonate market are:

• AGC Chemicals Americas (US)
• Zhejiang Dayang Biotech Group Co., Ltd (China)
• Wentong Potassium Salt Group Co.,Ltd. (Shanghai)
• Evonik (Germany)
• Vynova Group (Belgium)
• AGC Inc. (Japan)
• Pikalevskaya Soda (Russia)
• Altair Chimica S.p.A (Italy)
• Esseco USA LLC (US)
• Ercros (Spain)
• Gujarat Alkalies and Chemical Limited (India)
• Baoding Run Feng (China)
• Oil Base India (India)
• Guljag (India)
• Occidental Petroleum Corporation (US)
• MADHAV CHEMICALS (India)
• Church & Dwight Co., Inc. (US)
• Merck KGaA (Germany)
• TCI Chemicals (India) Pvt. Ltd (India)
• Spectrum Chemical (US)
• Shree Sai Shraddha Industries (India)

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