Potassium Sulphate Market Report, by Process Type (Mannheim Process, Sulphate Salts Reaction, Brine Processing, and Others), by End-use Industry (Agriculture, Industrial, Pharmaceutical, Cosmetic, Food, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa) – Size, Share, Outlook, and Opportunity Analysis, 2018-2026

  • Published On : May 2019 |
  • Pages : 245 Pages |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

­­­Global Potassium Sulphate Market – Insights

Potassium sulphate, also known as Sulphate of Potash (SOP) or Potash of Sulfur (POS) is an inorganic compound with formula K2SO4. Potassium sulphate is commonly used in agriculture industry as fertilizers for improving crop yield and as setting agent in glass production. Apart from these, potassium sulphate also finds its applications in cosmetics, pharmaceutical, and industrial sector. On account of advantages offered by SOP such as soil fertilizer in agriculture industry and viscosity increasing agent or thickener in cosmetics industry, demand for potassium sulphate is projected to increase over the forecast period.

In the pharmaceutical industry, potassium sulphate is used as a raw material for drug production. For instance, potassium sulphate is used for the production of antibiotics. In February 2017, Lupin received the final approval from the U.S. FDA to market potassium sulphate, sodium sulphate, and magnesium sulphate oral solutions that are used to treat prostate and cervix cancer. Moreover, potassium sulphate has industrial use as a flash reducer in artillery propellant charges. It reduces flareback, blast overpressure, and muzzle flash.

Feeding the growing population globally is one of the major challenge faced by the world coupled with declining agricultural land owing to soil erosion, higher salinity levels and increasing urbanization. According to the United Nations, the world population is expected to increase from 7.6 billion in 2017 to 9.8 billion in 2050. Food security is a major concern for numerous countries around the world. Increased utilization of fertilizer has been associated with increased yield. This scenario is predicted to boost the demand for potassium sulphate from agriculture sector in the near future.

The market is projected to reach US$ 6,598.7 million by the end of 2027, owing to rising use of potassium sulphate in end-use industries such as pharmaceuticals, cosmetics, and industrial applications. Other uses of POS in agriculture sector include improvement in the quality of fruit, aids in strengthening roots, activates enzyme reaction, synthesizes proteins, promotes thickness of outer cell wall, improves color and flavor, forms sugar and starch, and regulates water flow in leaves and cells. It is also an essential cofactor in the production of adenosine triphosphate (ATP).

The global potassium sulphate market accounted for US$ 4,000.2 million in 2018 and is expected to register a subsequent CAGR of 5.8% in terms of revenue, over the forecast period (2019 – 2027).

Figure 1. Global Potassium Sulphate Market Share (%), By Region, 2018

Source: Coherent Market Insights, 2017-18

Asia Pacific is anticipated to account for the largest revenue share in the global potassium sulphate market over the forecast period. This is owing to rising in adoption of fertilizers in countries such as China and India coupled with the growing production of tobacco in India. According to India Brand Equity Foundation, India is the third-largest producer of tobacco in the world, with 0.8 Mn tons of annual production in 2016.

Furthermore, Europe is expected to account for second largest share in the global potassium sulphate market followed by Asia Pacific, owing to increasing demand for potassium sulphate from agriculture and feedstock industry. Europe is host to major producers of potassium sulphate. Germany, Belgium and Netherlands are among the major exporters of the chemical. The production is carried out by secondary process i.e. Mannheim process and sulphate salt reaction process of ore obtained from underground mines in Germany. Germany, Italy and Eastern European countries led the region in consumption of potassium sulphate, which in turn is fueling growth of the potassium sulphate market in Europe.

Rising production of crop yields in European countries is further expected to upsurge demand for potassium sulphate in the near future. According to the U.K Department for Environment Food and Rural Affairs, in 2016, the fruit production was pegged at 777,000 tons. Moreover, vegetable exports were 13% higher in 2016 as compared to 2015. These factors have contributed to the growth of U.K. potassium sulphate market.

Figure 2. Global Potassium Sulphate Market Share (%), By Process, 2018

Source: Coherent Market Insights, 2017-18

Mannheim process segment was dominant in global potassium sulphate market and accounted for around 50.0% of the revenue share in 2018. Furthermore, brine process segment is expected to grow at fastest pace over the forecast period.

Brine processing is also a primary production method of potassium sulphate. Major brine deposits of potassium sulphate in the world are present in China, India, the U.S., and Chile. Despite low cost and eco-friendly nature of production by this method, the rarity of brine deposits containing potassium sulphate has hindered growth of this process segment. Western Australia is expected to emerge as a major producer through this process segment. However, development is at a nascent stage. The aforementioned countries are expected to drive growth of the brine processing process segment.

Major players operating in the global potassium sulphate market include Tessenderlo Group, K+S KALI GmbH, Compass Minerals International Inc., SDIC Xinjiang Luobupo Hoevellite LLC., SQM, Yara International ASA, Sesoda Corporation, United Company Rusal Plc., and Migao Corporation Chemicals.

Potassium sulphate, also known as sulphate of potash (SOP), is a water soluble white crystalline salt that finds extensive use in various industries including agricultural, industrial, cosmetics, food, and pharmaceuticals. Growing use of potassium sulphate in the food industry as an adjuvant and as flavoring agent is resulting in growth of the potassium sulphate market.

Additionally, potassium sulphate is widely used in the agriculture industry as a fertilizer for various crops such as fruits & vegetables, tobacco, flowers, turf & ornamentals, and others. The usage of potassium sulphate as a fertilizer improves quality and production of agriculture outputs.

Market Dynamic

On the basis of process type, Mannheim process segment held dominant position in the global potassium sulphate market and contributed around 50.0% in 2018, in terms of revenue. Mannheim process is considered as secondary production method of potassium sulphate. The lack of natural deposits of potassium sulphate is leading to high adoption of this process.  

Based on end-use industry, agriculture segment held the dominant position in the potassium sulphate market in 2018. The market demand is driven by the rising demand for food coupled with increasing population worldwide. Furthermore, potassium sulphate enhances the nutritional value of crops and is a nitrogen-free source of potassium, as cultivators find it difficult to match the nitrogen input required for healthy growth of crops. The augmented demand for food has resulted in escalating growth of the agricultural industry, which in turn is likely to propel demand for fertilizers in order to provide quality of agricultural products to the population.

Key features of the study:

  • This report provides in-depth analysis of potassium sulphate and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2019–2027), considering 2018, as the base year
  • It elucidates potential opportunity across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
  • It profiles leading players in the global potassium sulphate market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include Tessenderlo Group, K+S KALI GmbH, Compass Minerals International Inc., SDIC Xinjiang Luobupo Hoevellite LLC., SQM, Yara International ASA, Sesoda Corporation, United Company Rusal Plc., and Migao Corporation Chemicals
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future products launches, technology up-gradation, market expansion, and marketing tactics
  • The global potassium sulphate market report caters to various stakeholders in this industry including investors, suppliers, Potassium Sulphate manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Potassium Sulphate market

Detailed Segmentation:

  • Global Potassium Sulphate Market, By Process Type:
    • Mannheim Process
    • Sulphate Salts Reaction
    • Brine Processing
    • Others
  • Global Potassium Sulphate Market, By End-use Industry:
    • Agriculture
    • Industrial
    • Pharmaceutical
    • Cosmetics
    • Food
    • Others
  • Global Potassium Sulphate Market, By Region:
    • North America
      • U.S.
        • By Process Type:
          • Mannheim Process
          • Sulphate Salts Reaction
          • Brine Processing
          • Others
        • By End-use Industry:
          • Agriculture
          • Industrial
          • Pharmaceutical
          • Cosmetics
          • Food
          • Others
      • Canada
        • By Process Type:
          • Mannheim Process
          • Sulphate Salts Reaction
          • Brine Processing
          • Others
        • By End-use Industry:
          • Agriculture
          • Industrial
          • Pharmaceutical
          • Cosmetics
          • Food
    • Latin America
      • Brazil
        • By Process Type:
          • Mannheim Process
          • Sulphate Salts Reaction
          • Brine Processing
          • Others
        • By End-use Industry:
          • Agriculture
          • Industrial
          • Pharmaceutical
          • Cosmetics
          • Food
          • Others
      • Mexico
        • By Process Type:
          • Mannheim Process
          • Sulphate Salts Reaction
          • Brine Processing
          • Others
        • By End-use Industry:
          • Agriculture
          • Industrial
          • Pharmaceutical
          • Cosmetics
          • Food
          • Others
      • Argentina
        • By Process Type:
          • Mannheim Process
          • Sulphate Salts Reaction
          • Brine Processing
          • Others
        • By End-use Industry:
          • Agriculture
          • Industrial
          • Pharmaceutical
          • Cosmetics
          • Food
          • Others
      • Rest of Latin America
        • By Process Type:
          • Mannheim Process
          • Sulphate Salts Reaction
          • Brine Processing
          • Others
        • By End-use Industry:
          • Agriculture
          • Industrial
          • Pharmaceutical
          • Cosmetics
          • Food
          • Others
    • Europe
      • U.K.
        • By Process Type:
          • Mannheim Process
          • Sulphate Salts Reaction
          • Brine Processing
          • Others
        • By End-use Industry:
          • Agriculture
          • Industrial
          • Pharmaceutical
          • Cosmetics
          • Food
      • Germany
        • By Process Type:
          • Mannheim Process
          • Sulphate Salts Reaction
          • Brine Processing
          • Others
        • By End-use Industry:
          • Agriculture
          • Industrial
          • Pharmaceutical
          • Cosmetics
          • Food
          • Others
      • Italy
        • By Process Type:
          • Mannheim Process
          • Sulphate Salts Reaction
          • Brine Processing
          • Others
        • By End-use Industry:
          • Agriculture
          • Industrial
          • Pharmaceutical
          • Cosmetics
          • Food
          • Others
          • Others
      • France
        • By Process Type:
          • Mannheim Process
          • Sulphate Salts Reaction
          • Brine Processing
          • Others
        • By End-use Industry:
          • Agriculture
          • Industrial
          • Pharmaceutical
          • Cosmetics
          • Food
          • Others
      • Russia
        • By Process Type:
          • Mannheim Process
          • Sulphate Salts Reaction
          • Brine Processing
          • Others
        • By End-use Industry:
          • Agriculture
          • Industrial
          • Pharmaceutical
          • Cosmetics
          • Food
          • Others
      • Rest of Europe
        • By Process Type:
          • Mannheim Process
          • Sulphate Salts Reaction
          • Brine Processing
          • Others
        • By End-use Industry:
          • Agriculture
          • Industrial
          • Pharmaceutical
          • Cosmetics
          • Food
          • Others
    • Asia Pacific
      • China
        • By Process Type:
          • Mannheim Process
          • Sulphate Salts Reaction
          • Brine Processing
          • Others
        • By End-use Industry:
          • Agriculture
          • Industrial
          • Pharmaceutical
          • Cosmetics
          • Food
          • Others
      • India
        • By Process Type:
          • Mannheim Process
          • Sulphate Salts Reaction
          • Brine Processing
          • Others
        • By End-use Industry:
          • Agriculture
          • Industrial
          • Pharmaceutical
          • Cosmetics
          • Food
          • Others
      • Japan
        • By Process Type:
          • Mannheim Process
          • Sulphate Salts Reaction
          • Brine Processing
          • Others
        • By End-use Industry:
          • Agriculture
          • Industrial
          • Pharmaceutical
          • Cosmetics
          • Food
          • Others
      • ASEAN
        • By Process Type:
          • Mannheim Process
          • Sulphate Salts Reaction
          • Brine Processing
          • Others
        • By End-use Industry:
          • Agriculture
          • Industrial
          • Pharmaceutical
          • Cosmetics
          • Food
          • Others
      • Australia
        • By Process Type:
          • Mannheim Process
          • Sulphate Salts Reaction
          • Brine Processing
          • Others
        • By End-use Industry:
          • Agriculture
          • Industrial
          • Pharmaceutical
          • Cosmetics
          • Food
          • Others
      • South Korea
        • By Process Type:
          • Mannheim Process
          • Sulphate Salts Reaction
          • Brine Processing
          • Others
        • By End-use Industry:
          • Agriculture
          • Industrial
          • Pharmaceutical
          • Cosmetics
          • Food
          • Others
      • Rest of Asia Pacific
        • By Process Type:
          • Mannheim Process
          • Sulphate Salts Reaction
          • Brine Processing
          • Others
        • By End-use Industry:
          • Agriculture
          • Industrial
          • Pharmaceutical
          • Cosmetics
          • Food
          • Others
    • Middle East
      • GCC
        • By Process Type:
          • Mannheim Process
          • Sulphate Salts Reaction
          • Brine Processing
          • Others
        • By End-use Industry:
          • Agriculture
          • Industrial
          • Pharmaceutical
          • Cosmetics
          • Food
          • Others
      • Israel
        • By Process Type:
          • Mannheim Process
          • Sulphate Salts Reaction
          • Brine Processing
          • Others
        • By End-use Industry:
          • Agriculture
          • Industrial
          • Pharmaceutical
          • Cosmetics
          • Food
          • Others
      • Rest of Middle East
        • By Process Type:
          • Mannheim Process
          • Sulphate Salts Reaction
          • Brine Processing
          • Others
        • By End-use Industry:
          • Agriculture
          • Industrial
          • Pharmaceutical
          • Cosmetics
          • Food
          • Others
    • Africa
      • North Africa
        • By Process Type:
          • Mannheim Process
          • Sulphate Salts Reaction
          • Brine Processing
          • Others
        • By End-use Industry:
          • Agriculture
          • Industrial
          • Pharmaceutical
          • Cosmetics
          • Food
          • Others
      • Central Africa
        • By Process Type:
          • Mannheim Process
          • Sulphate Salts Reaction
          • Brine Processing
          • Others
        • By End-use Industry:
          • Agriculture
          • Industrial
          • Pharmaceutical
          • Cosmetics
          • Food
          • Others
      • South Africa
        • By Process Type:
          • Mannheim Process
          • Sulphate Salts Reaction
          • Brine Processing
          • Others
        • By End-use Industry:
          • Agriculture
          • Industrial
          • Pharmaceutical
          • Cosmetics
          • Food
          • Others
  • Company Profiles
    • Tessenderlo Group
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • K+S KALI GmbH
    • Compass Minerals International Inc.
    • SDIC Xinjiang Luobupo Hoevellite LLC.
    • SQM
    • Yara International ASA
    • Sesoda Corporation
    • United Company Rusal Plc.
    • Migao Corporation Chemicals

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Process Type
      • Market Snippet, By End-use Industry
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • PORTER Analysis
      • PEST Analysis
      • List of Major Manufacturers (By Region)
    • Cost Tier Down Analysis
  4. Global Potassium Sulphate Market, By Process Type, 2017- 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Mannheim Process
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
    • Sulphate Salts Reaction
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
    • Brine Processing
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
  5. Global Potassium Sulphate Market, By End-use Industry, 2017- 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Agriculture
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
    •  Industrial
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
    • Pharmaceutical
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
    • Cosmetics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
    • Food
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
  6. Global Potassium Sulphate Market, By Region, 2017- 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, For Regions, 2019 - 2027
    • North America
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
    • Latin America
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
    • Europe
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • France
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
    • Asia Pacific
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • China
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • India
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
    • Middle East
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • GCC
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • Israel
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • Rest of Middle East
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
    • Africa
      • Market Share Analysis, By Country/Region, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country/Region, 2019 - 2027
        • North Africa
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • Central Africa
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
        • South Africa
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2017- 2027 (US$ Million)
  7. Competitive Landscape
    • Company Market Share, 2018
    • Company Profiles
      • Tessenderlo Group
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • K+S KALI GmbH
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Compass Minerals International Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • SDIC Xinjiang Luobupo Hoevellite LLC.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • SQM
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Yara International ASA
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Sesoda Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • United Company Rusal Plc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Migao Corporation Chemicals
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 70 market data tables* and 70 figures* on "Potassium Sulphate Market” - Global forecast to 2027.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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