북미 황산칼륨 시장 – 2030년까지의 산업 동향 및 예측

북미 황산칼륨 시장 분석 및 규모

농업 산업은 곡물과 식량 곡물에 대한 수요가 증가함에 따라 북미에서 황산칼륨에 대한 수요가 가장 많았습니다. 예를 들어, 식량 농업 기구(FAO)의 보고서에 따르면, 곡물 생산량은 2019년에 2,715백만 톤에 도달하여 2018년 대비 2.3% 증가했습니다. 주요 시장 참여자들은 여러 제조 기술, 고품질 최종 사용 제품 및 통합 프로세스를 개발하여 전략적 및 생산성 확대에 집중하여 칼륨 시장에서 황산염에 대한 수요가 크게 증가함에 따라 대처합니다.

Data Bridge Market Research는 황산칼륨 시장이 예측 기간 동안 6.90%의 CAGR을 경험할 것으로 분석했습니다. 이는 2022년에 0.68백만 달러였던 시장 가치가 2030년까지 1.17백만 달러로 치솟을 것임을 나타냅니다. Data Bridge Market Research에서 큐레이팅한 시장 보고서에는 시장 가치, 성장률, 세분화, 지리적 범위, 주요 업체와 같은 시장 시나리오에 대한 통찰력 외에도 심층적인 전문가 분석, 지리적으로 표현된 회사별 생산 및 용량, 유통업체 및 파트너의 네트워크 레이아웃, 자세하고 업데이트된 가격 추세 분석, 공급망 및 수요의 적자 분석이 포함됩니다.     

북미 황산칼륨 시장 범위 및 세분화

시장 정의

Sulfate of potash (SOP) is also called potassium sulfate (U.K.) or potassium sulfate (U.S.). This is the inorganic compound with the chemical formula K2SO4. It is a white water-soluble solid and is commonly used in fertilizers. This provides both potassium and sulfur to crops. The sulfate of potash does not contain chloride, which can harm some crops. Sulfate of potash is mainly preferred for those crops, including tobacco, vegetables, and fruits.

North America Sulfate of Potash Market Dynamics

Drivers

• Growing demand for sulfate of potash in agricultural production

Potassium sulphate  is becoming more common to produce nutrient-rich feed and high-quality crops . The low concentration of chloride can harm crops, due to which increases the demand for the potassium sulfate and gain popularity in the agricultural sector. In the agricultural industry, potassium sulfates are used in numerous applications, suxh as  the potassium sulfate used to promote optimal growth to crop when the soil makes chloride from irrigation. Potassium upsurges the thickness of the outer cell walls in the plants, which aids the plant to promotes robust stem growth. A sufficient potassium supply can rise a plant's ability by reducing moisture from growing plants. They also enhance the storage capacity, food's color and flavor.

• Increasing usage of sulfate of potash in several industries

As a result of its advantageous properties, sulfate of potash is now being used in the glass manufacturing industry and is anticipated to have a positive impact on the growth of the North American potassium sulfate market during the forecast period. Additional applications of the targeted market in the healthcare sector include dietary salts, potassium tablets for enteral and parenteral nutrition, injection solutions, hemodialysis, potassium therapy, athletic nutrition, mineral drinks, and similarly for the refinement of insulin, which is anticipated to increase demand for the market across the globe.

Opportunities

• Increasing demand for sulfate of potash from industrial and medical applications

Since the 17th century, the inorganic substance potassium sulfate has been a component of medical treatments. It is used to induce sweating and treat urinary issues. They are also utilized in various industrial operations, including those producing different chemicals and dying industries. In addition to being utilized as a catalyst for specialty plasters, gypsum board, and anhydrite screed, potassium sulfate is employed to create high-quality inorganic compounds such as potassium alum and persulfate, highly pure potassium sulfate, and potassium water glass. They are also utilized in creating fire extinguishing powder for class B/C fires, as an additive to water-based, chloride-free drilling fluids, and drawing lubricants. As a result, it is anticipated to create ample new opportunities for market growth.

Restraints/ Challenges

• Volatility in price and natural fertilizers

The expense of potassium sulfate fluctuates at a speedy pace because the cost of potassium is very volatile. For instance, from the starting of August 2021 to  middle of August 2021, the expense of sulfate of potash reduced by 0.33%. Moreover, as per the research by University of Calabar that was published in a research publication, neem fertilizers in organic farming considerably increase crop yield. Therefore, fluctuation in the price of sulfate of potash restrains the market's expansion over the forecast period.

 This sulfate of potash 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 sulfate of potash market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Sulfate of Potash Market

The COVID-19 pandemic had a minimal impact on the chemicals and materials sector. The shutdown caused several production facilities in numerous nations to completely closed, which immediately affected the sulfate of potash sales. However, the pandemic increased the demand for sulfate of potash from crop production and the medical end-use industries. The chemical is used to treat intestinal and stomach issues. Additionally, it is a high supply of K nutrition for various plants and crops. These qualities kept sulfate of potash in demand during the pandemic and prevented a further decline in the potassium sulfate market. Positive sales prospects for sulfate of potash are being produced by the industry's gradual recovery from losses and the reopening of various manufacturing facilities. Rising opportunities for granular sulphate of potash in the upcoming years are also anticipated to increase demand.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent development

• In May 2020, Uralkali, one of the largest potash producers, proclaimed that Uralkali Trading, a wholly-owned subsidiary of Uralkali, has signed a contract with Indian Potash Limited (IPL).

 North America Sulfate of Potash Market Scope

The sulfate of potash market is segmented on the basis of product, crop type 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.

Product

• Standard SOP
• Granular SOP
• Soluble SOP

Crop Type

• Fruits and Vegetables
• Cereals and Grains
• Oilseeds and Pulses
• Others

 Application

• Agricultural
• Industrial
• Others

Sulfate of Potash Market Regional Analysis/Insights

The sulfate of potash market is analyzed and market size insights and trends are provided by country, product product, crop type and application as referenced above.

The countries covered in the sulfate of potash market report are U.S., Canada and Mexico in North America.

U.S. dominates the North American sulfate of potash market owing to the large market share of the U.S. and also the decrease in arable land and the chase for higher yields is facilitating the growth of the country in this region.

보고서의 국가 섹션은 또한 현재 및 미래 시장 추세에 영향을 미치는 개별 시장 영향 요인과 시장 규제의 변화를 제공합니다. 다운스트림 및 업스트림 가치 사슬 분석, 기술 추세 및 포터의 5가지 힘 분석, 사례 연구와 같은 데이터 포인트는 개별 국가의 시장 시나리오를 예측하는 데 사용되는 몇 가지 포인터입니다. 또한 북미 브랜드의 존재 및 가용성과 지역 및 국내 브랜드와의 대규모 또는 희소한 경쟁으로 인해 직면한 과제, 국내 관세 및 무역 경로의 영향은 국가 데이터에 대한 예측 분석을 제공하는 동안 고려됩니다.   

경쟁 환경 및 황산칼륨 시장 점유율 분석

황산칼륨 시장 경쟁 구도는 경쟁자별 세부 정보를 제공합니다. 포함된 세부 정보에는 회사 개요, 회사 재무, 창출된 수익, 시장 잠재력, 연구 개발 투자, 새로운 시장 이니셔티브, 북미 지역 입지, 생산 현장 및 시설, 생산 용량, 회사의 강점과 약점, 제품 출시, 제품 폭과 범위, 응용 분야 우위가 있습니다. 제공된 위의 데이터 포인트는 황산칼륨 시장과 관련된 회사의 초점에만 관련이 있습니다.

황산칼륨 시장에서 활동하는 주요 업체는 다음과 같습니다.

• 서부 탐험(미국)
• K+S Minerals and Agriculture GmbH(독일)
• 모자이크(미국), SQM SA(미국)
• MIGAO 그룹(중국)
• 컴패스 미네랄스(미국)
• Jiangsu Kolod Food Ingredients Co., Ltd (중국)
• 세소다 주식회사(대만)
• Sinofert Holdings Limited(중국)

SKU-18286