Potassium sulphate also known as an electrolyte, enables in maintaining a healthy fluids balance inside the body. Moreover, deficiency of potassium can result in malignancy, heart infections as well as high blood pressure, thus it finds it wide usage in pharmaceutical sector. Furthermore, high demand for the products with high potassium element such as pomegranate, avocado, sweet potato, coconut water and spinach in global market is expected to drive the potassium market growth in upcoming years.
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On the other hand, here are certain factors that are predictable of restraining market growth over the forecast period include safety concerns since potassium sulphate one of the key ingredient used while manufacturing of cosmetic & food products coupled with pharmaceuticals that can result in allergic reactions.
The global market of potassium sulphate has been segmented by different application, process, source, end-users and geography. Further, process segment of the market has been sub-segmented into sulfate salts reaction, Mannheim process, brine processing and other. Furthermore, application segment of the global potassium sulphate has been sub-divided into industrial, agriculture, cosmetics, foods, pharmaceutical and others. Likewise, end- users segment of the market has been bifurcated into textile, paper, personal care, chemicals and others. Source segment has been classified into natural as well as commercial products.
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Geographical segmentation of the global potassium sulphate market is led by Asia-Pacific owing to highest market of the product in region and is expected to maintain its dominance with highest potassium sulphate market share over the forecast spell.
The potassium sulphate industry across the globe is massively fragmented owing to maximum participation of several prominent players as well as new entrants in the market. Some of the key players operating in the cometitve landscape of the potassium sulphate market include Tessenderlo Group (Belgium), SDIC Xinjiang Luobupo Potash (China), Great Salt Minerals Corporation (U.S.), Yara International (Norway), SQM (Chile), Rusal (Russia), Guotou Xinjiang LuoBuPo Potassium Salt (China), Compass Minerals (U.S.), Sesoda (Taiwan) and K+G Kali Gmbh (Germany).
Key segments of the global potassium sulphate market include:
- Mannheim Process
- Sulphate Salts Reaction
- Brine Processing
- Personal care
- Commercial Products.
- North America
- The U.S.
- The UK
- Asia Pacific
- Latin America
- Middle East & Africa
What to expect from the upcoming report on ‘Global Potassium Sulphate Market’:
-Analysis over future prospects as well as Global Potassium sulphate market trends 2018
– Information regarding technological progressions as well as innovations taking place in developing as well as developed economies and also various macro & microeconomic factors that affect the growth of the market.
– Supportive initiatives by government likely to influence the market dynamics.
– Key drivers influencing market’s growth, opportunities, restraints, sales channels and distributors.
– In-depth analysis of different market segmentations including application, process, source, end-users and geographical regions.
– Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market such as expansions, growth strategies, agreements, new product launches and acquisitions in the market
– Value Chain and Sales Channels Analysis
Who should buy this report?
– Report is especially designed for Venture capitalists, Investors, financial institutions, Analysts, Government organizations, regulatory authorities, policymakers, researchers, strategy
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This post was originally published on The Picayune Current