Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Potassium Sulphate Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
How Will the Potassium Sulphate Market Grow Between 2024 and 2025?
The market size of Potassium Sulphate has experienced substantial growth. The market is projected to increase from $5.47 billion in 2024 to $5.88 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 7.5%. The growth trend in the Potassium Sulphate market has previously been strong.
How Much Will the Potassium Sulphate Market Be Worth in 2029?
The market size of Potassium Sulphate is predicted to reach $8.69 billion in 2029, with a compound annual growth rate (CAGR) of 10.3%.
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Which Potassium Sulphate Market Drivers Are Linked to Revenue Growth?
The key Drivers in the potassium sulphate market are:
• Rising demand for food crops, requiring more potassium sulphate for optimal growth
• Extensive use of potassium sulphate in various applications in the agriculture industry
• Increased popularity of potassium sulphate due to its low chloride content, which is beneficial for crops
• Increased agricultural production globally, necessitating more use of potassium sulphates.
Which Segments Are Expected to Grow in the Potassium Sulphate Market?
The potassium sulphatemarket covered in this report is segmented –
1) By Form: Solid, Liquid
2) By Grade: Food, Agricultural, Technical, Pharmaceutical
3) By Process: Mannheim Process, Sulphate Salts Reaction, Brine Processing, Other Processes
4) By End-Use Industry: Agriculture, Industrial, Pharmaceuticals, Cosmetics, Food and Beverages
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What Are The Key Trends Impacting Growth In The Global Potassium Sulphate Market?
The key trends in the potassium sulphate market are:
• Major market players are focusing on introducing advanced solutions in the potassium sulphate market.
• The development and use of oral solutions is an emerging trend.
• FDA-approved solutions add value to the industry offerings.
• There is increasing focus on creating affordable options for patients.
Who Are the Key Competitors in the Global Potassium Sulphate Market?
The key players in the potassium sulphate market are:
• BASF SE
• Yara International ASA
• Sociedad Química y Minera SA
• EuroChem Group AG
• K+S KALI GmbH
• Sinofert Holdings Limited
• Chambal Fertilizers & Chemicals Ltd.
• JSC Belaruskali
• GS Fertilisers & Chemicals Ltd.
• Migao Corporation
• Arab Potash Company
• Compass Minerals International Inc.
• Mangalore Chemicals & Fertilizers Ltd.
• EID Parry (India) Ltd.
• Archean Group
• Jaypee Agri Ltd.
• Shandong Lianmeng Chemical Group Ltd.
• Zuari Agro Chemicals Ltd.
• Gansu Xinchuan Fertilizer Co Ltd.
• Shijiazhuang Hehe Chemical Fertilizer Ltd.
• Oswal Agrochem Ltd.
Where Is the Potassium Sulphate Market Growing Fastest Between 2025 and 2029?
Asia-Pacific was the largest region in the potassium sulphate market in 2024
