Potassium Metabisulfite Market, By Product Type (Food Grade, Medical Grade, Industry Grade), and By Application (Alcoholic Beverages, Pharmaceuticals, Food, Textile, Others) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026

  • To Be Published : Aug 2019 |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Potassium metabisulfite also called as potassium pyrosulfite having molecular formula K2S2O5 is a white colored crystalline powder with a pungent odor of sulphur. It is mainly used as a chemical sterilant or an antioxidant. Potassium metabisulfite decomposes at 190 degrees, yielding potassium sulfite and sulfur dioxide. Potassium metabisulfite and sodium metabisulfite have similar properties. Sodium metabisulfite can be used as substitute for potassium metabisulfite. Potassium metabisulfite is important additive in wine fermentation and brewing industry. It acts as a preservative and inhibits the growth of pathogens, such as fungi and bacteria. It has applications in textile industry, such as dyeing and cotton printing.

Increasing demand for food and beverage industry is a major driving factor for the growth of potassium metabisulfite market. The increasing consumption of alcoholic beverages is boosting the growth of the potassium metabisulfite market. Adverse effects of potassium metabisulfite on skin and the restriction on alcoholic beverages in some economies is restraining the growth of the potassium metasulfite market.

Potassium Metabisulfite Market Taxonomy:

On basis of Product type, the global potassium metabisulfite market is segmented as:

  • Food Grade
  • Medical Grade
  • Industry Grade

On basis of Application, the global potassium metabisulfite market is segmented as:

  • Alcoholic beverages
  • Pharmaceuticals
  • Textile
  • Food
  • Photography
  • Gold processing
  • Wine
  • Others

Potassium Metabisulfite Market outlook:

  • Europe is the largest consumer of potassium metabisulfite market, owing to the high intake of alcoholic beverages in this region, in turn fueling the growth of potassium metabisulfite market. Italy, France, and Turkey accounts for the highest usage of potassium metabisulphide in this region. Increasing demand for frozen food is propelling the growth of potassium metabisulfite market. Italy and Germany accounts for the highest number of breweries in the region. The approval by the European Food and Safety Authority (EFSA) has increased the use of Potassium matabisulfite as a food preservative and in the beverage industry.
  • Asia Pacific is expected to be the fastest growing region in potassium metabisulfite market, owing to the increase in number of food and beverage industry in emerging economies. Application of potassium metabisulfite as a food preservative has boosted the growth of potassium metabisulfite market in this region. Increasing per capita income, demand for frozen food and high alcohol intake by the growing population has augmented potassium metabisulfite market in this region.
  • North America region is the second largest consumer of potassium metabisulfite. Increasing demand for alcoholic beverages to cope up with low temperature has boosted the growth of Potassium metabisulfite market in this region. North America has the world’s largest textile industry. The trade agreements, North American Free Trade Agreement (NAFTA) and Caribbean Basin Initiative has boosted the textile industry in the region and adding to the demand for Potassium metabisulfate.
  • Africa and the Middle East contributes minimum share in the potassium metabisulfite market, owing to the restrictions for production of alcoholic beverages in some economies of this region.

The major players are adopting various organic and inorganic growth strategies. For instance, in 2017 Asahi group acquired Peroni Brewery in Italy. Major players operating the potassium metabisulfide market include Imperial Chemical Industries, Aditya Birla Chemicals, Murphy and Son Ltd., Laffort, Avantor Performance Materials Inc., Alfa Aesar, Esseco, Imperial Oilfield Chemicals, BASF S.E., and Wego Chemicals

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.

Smiley face

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.
Smiley face

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

Choose License Type

"How Can I Help You" ?

Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.

[email protected]

Key Benefits

  • Custom Research Solution

    Talk to our research consultant to design an exclusive report as per your research needs.

  • Customer Fulfilment

    We aim to fulfil client's research demands with tailored research solutions.

  • Quick Turnaround Time Reports

    We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

  • Assured Quality

    We strive to provide most accurate and reliable research findings in our research reports.