Global Potassium Nitrate Market – Industry Trends and Forecast to 2026

  • Chemical and Materials
  • Upcoming Report
  • Sep 2019
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Potassium Nitrate Market By Raw Material (Potassium Chloride, Ammonium Nitrate, Sodium Nitrate), End- User (Agriculture, General Industries, Pharmaceutical Industry, Food Industry, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Analysis: Global Potassium Nitrate Market

Global potassium nitrate market is set to witness a steady CAGR of 4.15% in the forecast period of 2019- 2026. The report contains data of the base year 2017 and historic year 2018. Rising demand of potassium nitrate from various end- users and rising industrialization are the factor for the growth of this market.

Market Definition: Global Potassium Nitrate Market

Potassium nitrate is an alkali metal nitrate which is an ionic salt of potassium ions and nitrate ions. They mainly occur as niter and mineral. This crystalline solid is non-combustible and mildly soluble in water, but with temperature, its solubility rises. Potassium nitrate is a powerful oxidizing agent that may explode with other organic compounds when reacted. They are widely used in industries such as pharmaceutical, food, agriculture and others,

Market Drivers:

  • Rapid urbanization and industrialization  is expected to act as a driver for this market growth
  • Increasing popularity of biofungicides also enhances the growth of this market
  • Rising blasting and drilling applications in mining can boost the market growth
  • Growing demand for energy will increase demand for coal and other minerals, this factor will also contribute as a factor for the growth of this market

Market Restraints:

  • They are high oxidisers and increases flammability to of other material can impede the market growth
  • Inhaling of potassium nitrate can cause many health problems which will also hamper the growth of this market

Segmentation: Global Potassium Nitrate Market

By Raw Material

  • Potassium Chloride
  • Ammonium Nitrate
  • Sodium Nitrate

By End-User

  • Agriculture
  • General Industries
  • Pharmaceutical Industry
  • Food Industry
  • Others

By Geography

  • North America

    • U.S.
    • Canada
    • Mexico

  • Europe

    • Germany
    • France
    • Italy
    • U.K.
    • Belgium
    • Spain
    • Russia
    • Turkey
    • Netherlands
    • Switzerland
    • Rest of Europe

  • Asia-Pacific

    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines
    • Rest of Asia-Pacific

  • South America

    • Brazil
    • Argentina
    • Rest of South America

  • Middle East and Africa

    • UAE
    • Saudi Arabia
    • Egypt
    • South Africa
    • Israel
    • Rest of Middle East and Africa

Key Developments in the Market:

  • In February 2018, Yara International ASA and Arab Potash Co, a memorandum of Understanding (MoU) has lately been signed for mutual collaboration in the manufacturing and sales of potassium nitrate. This will help both companies to double their manufacturing capabilities of potassium nitrate and they will be able to cater better solutions to their customers. This will strengthen their position in the market and will enhance their business
  • In March 2015, Israel Chemicals announced the launch of their new potassium nitration production plant which is specially designed so they can meet the rising demand for food- grade phosphoric acid and soluble specialty fertilizers. This launch will help them to cater their customer with advanced products and will also help them to strengthen their position in the market

Competitive Analysis

Global potassium nitrate market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of potassium nitrate market for Global, Europe, North America, Asia-Pacific and South America.

Major Market Competitors/Players

Few of the major competitors currently working in global potassium nitrate market are Haifa Group., Migao Corporation, SQM S.A.., Yara, ANISH CHEMICALS, SNDB, RAM SHREE CHEMICALS, YOGI CHEMICAL INDUSTRIES, Ravi Chem Industries, Akshay Group of Companies, Uma Organics, Sam Industries, Jagannath Chemicals, AGI Industries., Positive Chemicals Private Limited., Jayshree Chemicals, okchem.com., ARIHANT BIO FERTICHEM PVT. LTD., SAGAR LIFE SCIENCES PRIVATE LIMITED, SNDB, RAM SHREE CHEMICALS among others.

Research Methodology: Global Potassium Nitrate Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved


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