Potassium Sulfate Market
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Global <strong>Potassium</strong><br />
<strong>Sulfate</strong> <strong>Market</strong><br />
Share, Global Trends,<br />
Analysis, Research, Report,<br />
Opportunities,<br />
Segmentation and Forecast,<br />
2016<br />
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Report Description<br />
<strong>Potassium</strong> sulfate is a non-flammable and water soluble white crystalline salt which is<br />
predominantly used in the production of fertilizers. <strong>Potassium</strong> sulfate fertilizer is the most<br />
widely used chloride free fertilizer among all types of potash fertilizers manufactured and<br />
consumed globally. The quality characteristics that potassium sulfate fertilizers such as<br />
low salt index, draught resistant, suitability for saline soil and chloride sensitive crops<br />
make it a highly sought after fertilizer among all types of chloride free fertilizers.<br />
Moreover, potassium sulfate is used in the manufacturing of glass. Furthermore,<br />
potassium sulfate is used as a flash reducer in the artillery propellant charges as it<br />
reduces flareback, muzzle flash and blast overpressure. <strong>Potassium</strong> sulfate is widely<br />
available in different grades such as technical, food, agricultural and pharmaceutical for<br />
use in different applications. However, the agricultural grade is the highest consumed<br />
grade of potassium phosphate due to its dominant demand from the fertilizers industry.<br />
The growing demand for potassium sulfate from the fertilizer industry is expected to<br />
drive the global potassium sulfate market in the next few years.<br />
Global <strong>Potassium</strong> <strong>Sulfate</strong> <strong>Market</strong>: Drivers and Restraints<br />
Water soluble fertilizers form the largest application group of potassium sulfate. The<br />
growing demand from fertigation application supported by rising adoption of micro<br />
irrigation systems is anticipated to propel the global demand for water soluble fertilizers.<br />
Moreover, the increasing demand for better yield due to decreasing arable land, rapidly<br />
rising world population and high demand for biofuels is predicted to further fuel the<br />
demand for water soluble fertilizers across the globe.
Report Description<br />
Water soluble fertilizers are formulations of mineral fertilizers that are completely soluble<br />
in water. These fertilizers can be sprayed or applied on crops to improve the quality and<br />
yield of crops such as pulses, cereals, fruits and vegetables. Crops require several<br />
nutrients in varied concentrations as per different seasons. The water soluble fertilizers<br />
ensure a consistent supply of essential nutrients to crops. Water soluble fertilizers are<br />
applied using micro irrigation systems. Owing to its high solubility, potassium sulfate<br />
fertilizers are predicted to emerge as the fastest growing market segment of the water<br />
soluble fertilizers across the globe during the forecast period. All such positive attributes<br />
are resulting in an increase in the demand for potassium sulfate fertilizers which is<br />
further driving the demand for potassium sulfate across the world.<br />
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Global <strong>Potassium</strong> <strong>Sulfate</strong> <strong>Market</strong>: Segmentation<br />
Depending on the application, global potassium sulfate market has been segmented into<br />
the following key market segments:<br />
Agriculture<br />
Turf Management<br />
Industrial<br />
Global <strong>Potassium</strong> <strong>Sulfate</strong> <strong>Market</strong>: Regional Outlook
Report Description<br />
Asia Pacific is predicted to emerge as the fastest growing market for potassium sulfate in<br />
the next few years. The main reason for this is the growing demand for water soluble<br />
fertilizes, especially potassium sulfate fertilizers, in China, India and South East Asian<br />
countries such as Indonesia, Malaysia, Thailand and Vietnam due to growing need for<br />
better yield for fulfilling the food demand of the rising population. Moreover, the<br />
countries such as Brazil, Argentina, South Africa, Nigeria, Jordan, Egypt, and Israel are<br />
growingly focusing on improving the agriculture production. Furthermore, the U.S. and<br />
European economies are showing signs of recovery after a severe economic downturn.<br />
All these factors are creating a positive outlook for the global agriculture and fertilizer<br />
industry. Subsequently, the demand for potassium sulfate in fertilizer is predicted to rise<br />
in the coming years and therefore, the global potassium sulfate market is expected to<br />
record a significant growth in the near future.<br />
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Global <strong>Potassium</strong> <strong>Sulfate</strong> <strong>Market</strong>: <strong>Market</strong> Players<br />
Some of the major companies operating in the global potassium sulfate market are<br />
mentioned below<br />
K+S KALI GmbH<br />
Great Salt Lake Minerals<br />
Big Quill Resources
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