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Global Sulphate of Potash (SOP) Market Research Report 2025

Global Sulphate of Potash (SOP) Market Research Report 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1730667

No of Pages : 106

Synopsis
Sulphate of potash (SOP) is a white inorganic water-soluble solid compound which consists of both potassium and sulphur insoluble forms. It is commonly used in food and beverages industries to improve the appearance and taste of foods such as bakery products, soft drinks and other beverages. Further SOP in agriculture has been added as fertilizer to improve the crops yield and quality of plants growing in soils that lack an adequate supply of essential nutrients. It is suitable for applications such as grapevines, tree crops, fruits and vegetables.Sulphate of potash (SOP) is substantially used in end-user industries such as food & beverages, agricultural and industrial sector and among others.
Global Sulphate of Potash (SOP) market is projected to reach US$ 7618.2 million in 2029, increasing from US$ 5650 million in 2022, with the CAGR of 4.5% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Sulphate of Potash (SOP) market research.
The global sulphate of potash (SOP) market refers to the market for a specific type of potassium fertilizer known as sulphate of potash. Sulphate of potash is a potassium fertilizer that contains both potassium and sulphur, making it suitable for crops with high potassium and sulphur requirements, such as fruits, vegetables, and certain field crops. Here are some key insights into the global sulphate of potash market:
Growth Drivers:Increasing Demand for High-Value Crops: The global population growth, changing dietary preferences, and the need to improve agricultural productivity drive the demand for high-value crops such as fruits, vegetables, and nuts. Sulphate of potash is ideal for these crops as it provides essential nutrients like potassium and sulphur, which are vital for their growth and quality.
Nutrient Balance and Soil Health: Sulphate of potash helps in maintaining a balanced nutrient profile in the soil by supplying potassium and sulphur. It improves soil fertility and health, leading to better nutrient uptake by plants, increased crop yield, and improved crop quality.
Favorable Properties of SOP: Sulphate of potash has some advantages over other potassium fertilizers, such as muriate of potash (MOP). SOP is chloride-free, making it suitable for crops sensitive to chloride, like tobacco and fruits. It has lower salt index, lower potential for fertilizer burn, and does not harm soil microbial activity, making it preferred in certain agricultural practices.
Growing Consciousness of Sustainable Agriculture: With increasing environmental concerns and the need for sustainable agriculture practices, there is a growing preference for fertilizers that are environmentally friendly and promote soil health. Sulphate of potash, being a naturally occurring mineral source, is considered a sustainable choice in comparison to synthetic fertilizers.
Expansion of Agriculture in Emerging Markets: The expansion of agriculture in countries like China, India, Brazil, and Southeast Asian nations is driving market growth. Increasing investments in improving agricultural productivity, expanding irrigation facilities, and adopting advanced farming techniques contribute to the demand for sulphate of potash.
Regional Analysis: Asia Pacific dominates the global sulphate of potash market, primarily due to the large agricultural economies of China and India. North America, Europe, and Latin America also hold significant market shares, driven by the demand for high-value crops, sustainable agriculture practices, and investments in agricultural infrastructure.
Key Market Players: Several prominent companies operate in the global sulphate of potash market. These include K+S AG, Nutrien Ltd., Compass Minerals International Inc., SQM S.A., Tessenderlo Group, Migao Corporation, Israel Chemicals Ltd., Yara International ASA, Kugler Company, and Haifa Group, among others.
The global sulphate of potash market is driven by factors such as the increasing demand for high-value crops, the importance of nutrient balance and soil health, the favorable properties of SOP, the adoption of sustainable agriculture practices, and the expansion of agriculture in emerging markets. As the global agriculture industry continues to grow, the demand for sulphate of potash is expected to rise, contributing to market expansion.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Sulphate of Potash (SOP) market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Migao Corporation
SQM S.A.
ICL Group
Compass Minerals
Nutrien Limited
The Mosaic Company
Belaruskali
Uralkali
Tessenderlo Group
K+S Aktiengesellschaft
Intrepid Potash
Qinghai Bindi Potash Co
Jiangsu Kolod Food Ingredients Co
Shanghai Jinjinle Industry Company Ltd
Ching Shiang Chemical Industrial Co
Jinan Huifengda Chemical Co
Segment by Type
Standard SOP
Granular SOP
Soluble SOP
Others
Segment by Application
Agricultural
Food & Beverages
Industrial
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Sulphate of Potash (SOP) report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Index
1 Sulphate of Potash (SOP) Market Overview
1.1 Product Definition
1.2 Sulphate of Potash (SOP) Segment by Type
1.2.1 Global Sulphate of Potash (SOP) Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Standard SOP
1.2.3 Granular SOP
1.2.4 Soluble SOP
1.2.5 Others
1.3 Sulphate of Potash (SOP) Segment by Application
1.3.1 Global Sulphate of Potash (SOP) Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Agricultural
1.3.3 Food & Beverages
1.3.4 Industrial
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Sulphate of Potash (SOP) Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Sulphate of Potash (SOP) Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Sulphate of Potash (SOP) Production Estimates and Forecasts (2018-2029)
1.4.4 Global Sulphate of Potash (SOP) Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Sulphate of Potash (SOP) Production Market Share by Manufacturers (2018-2023)
2.2 Global Sulphate of Potash (SOP) Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Sulphate of Potash (SOP), Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Sulphate of Potash (SOP) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Sulphate of Potash (SOP) Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Sulphate of Potash (SOP), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Sulphate of Potash (SOP), Product Offered and Application
2.8 Global Key Manufacturers of Sulphate of Potash (SOP), Date of Enter into This Industry
2.9 Sulphate of Potash (SOP) Market Competitive Situation and Trends
2.9.1 Sulphate of Potash (SOP) Market Concentration Rate
2.9.2 Global 5 and 10 Largest Sulphate of Potash (SOP) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Sulphate of Potash (SOP) Production by Region
3.1 Global Sulphate of Potash (SOP) Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Sulphate of Potash (SOP) Production Value by Region (2018-2029)
3.2.1 Global Sulphate of Potash (SOP) Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Sulphate of Potash (SOP) by Region (2024-2029)
3.3 Global Sulphate of Potash (SOP) Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Sulphate of Potash (SOP) Production by Region (2018-2029)
3.4.1 Global Sulphate of Potash (SOP) Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Sulphate of Potash (SOP) by Region (2024-2029)
3.5 Global Sulphate of Potash (SOP) Market Price Analysis by Region (2018-2023)
3.6 Global Sulphate of Potash (SOP) Production and Value, Year-over-Year Growth
3.6.1 North America Sulphate of Potash (SOP) Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Sulphate of Potash (SOP) Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Sulphate of Potash (SOP) Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Sulphate of Potash (SOP) Production Value Estimates and Forecasts (2018-2029)
4 Sulphate of Potash (SOP) Consumption by Region
4.1 Global Sulphate of Potash (SOP) Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Sulphate of Potash (SOP) Consumption by Region (2018-2029)
4.2.1 Global Sulphate of Potash (SOP) Consumption by Region (2018-2023)
4.2.2 Global Sulphate of Potash (SOP) Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Sulphate of Potash (SOP) Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Sulphate of Potash (SOP) Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Sulphate of Potash (SOP) Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Sulphate of Potash (SOP) Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Sulphate of Potash (SOP) Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Sulphate of Potash (SOP) Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Sulphate of Potash (SOP) Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Sulphate of Potash (SOP) Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Sulphate of Potash (SOP) Production by Type (2018-2029)
5.1.1 Global Sulphate of Potash (SOP) Production by Type (2018-2023)
5.1.2 Global Sulphate of Potash (SOP) Production by Type (2024-2029)
5.1.3 Global Sulphate of Potash (SOP) Production Market Share by Type (2018-2029)
5.2 Global Sulphate of Potash (SOP) Production Value by Type (2018-2029)
5.2.1 Global Sulphate of Potash (SOP) Production Value by Type (2018-2023)
5.2.2 Global Sulphate of Potash (SOP) Production Value by Type (2024-2029)
5.2.3 Global Sulphate of Potash (SOP) Production Value Market Share by Type (2018-2029)
5.3 Global Sulphate of Potash (SOP) Price by Type (2018-2029)
6 Segment by Application
6.1 Global Sulphate of Potash (SOP) Production by Application (2018-2029)
6.1.1 Global Sulphate of Potash (SOP) Production by Application (2018-2023)
6.1.2 Global Sulphate of Potash (SOP) Production by Application (2024-2029)
6.1.3 Global Sulphate of Potash (SOP) Production Market Share by Application (2018-2029)
6.2 Global Sulphate of Potash (SOP) Production Value by Application (2018-2029)
6.2.1 Global Sulphate of Potash (SOP) Production Value by Application (2018-2023)
6.2.2 Global Sulphate of Potash (SOP) Production Value by Application (2024-2029)
6.2.3 Global Sulphate of Potash (SOP) Production Value Market Share by Application (2018-2029)
6.3 Global Sulphate of Potash (SOP) Price by Application (2018-2029)
7 Key Companies Profiled
7.1 Migao Corporation
7.1.1 Migao Corporation Sulphate of Potash (SOP) Corporation Information
7.1.2 Migao Corporation Sulphate of Potash (SOP) Product Portfolio
7.1.3 Migao Corporation Sulphate of Potash (SOP) Production, Value, Price and Gross Margin (2018-2023)
7.1.4 Migao Corporation Main Business and Markets Served
7.1.5 Migao Corporation Recent Developments/Updates
7.2 SQM S.A.
7.2.1 SQM S.A. Sulphate of Potash (SOP) Corporation Information
7.2.2 SQM S.A. Sulphate of Potash (SOP) Product Portfolio
7.2.3 SQM S.A. Sulphate of Potash (SOP) Production, Value, Price and Gross Margin (2018-2023)
7.2.4 SQM S.A. Main Business and Markets Served
7.2.5 SQM S.A. Recent Developments/Updates
7.3 ICL Group
7.3.1 ICL Group Sulphate of Potash (SOP) Corporation Information
7.3.2 ICL Group Sulphate of Potash (SOP) Product Portfolio
7.3.3 ICL Group Sulphate of Potash (SOP) Production, Value, Price and Gross Margin (2018-2023)
7.3.4 ICL Group Main Business and Markets Served
7.3.5 ICL Group Recent Developments/Updates
7.4 Compass Minerals
7.4.1 Compass Minerals Sulphate of Potash (SOP) Corporation Information
7.4.2 Compass Minerals Sulphate of Potash (SOP) Product Portfolio
7.4.3 Compass Minerals Sulphate of Potash (SOP) Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Compass Minerals Main Business and Markets Served
7.4.5 Compass Minerals Recent Developments/Updates
7.5 Nutrien Limited
7.5.1 Nutrien Limited Sulphate of Potash (SOP) Corporation Information
7.5.2 Nutrien Limited Sulphate of Potash (SOP) Product Portfolio
7.5.3 Nutrien Limited Sulphate of Potash (SOP) Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Nutrien Limited Main Business and Markets Served
7.5.5 Nutrien Limited Recent Developments/Updates
7.6 The Mosaic Company
7.6.1 The Mosaic Company Sulphate of Potash (SOP) Corporation Information
7.6.2 The Mosaic Company Sulphate of Potash (SOP) Product Portfolio
7.6.3 The Mosaic Company Sulphate of Potash (SOP) Production, Value, Price and Gross Margin (2018-2023)
7.6.4 The Mosaic Company Main Business and Markets Served
7.6.5 The Mosaic Company Recent Developments/Updates
7.7 Belaruskali
7.7.1 Belaruskali Sulphate of Potash (SOP) Corporation Information
7.7.2 Belaruskali Sulphate of Potash (SOP) Product Portfolio
7.7.3 Belaruskali Sulphate of Potash (SOP) Production, Value, Price and Gross Margin (2018-2023)
7.7.4 Belaruskali Main Business and Markets Served
7.7.5 Belaruskali Recent Developments/Updates
7.8 Uralkali
7.8.1 Uralkali Sulphate of Potash (SOP) Corporation Information
7.8.2 Uralkali Sulphate of Potash (SOP) Product Portfolio
7.8.3 Uralkali Sulphate of Potash (SOP) Production, Value, Price and Gross Margin (2018-2023)
7.8.4 Uralkali Main Business and Markets Served
7.7.5 Uralkali Recent Developments/Updates
7.9 Tessenderlo Group
7.9.1 Tessenderlo Group Sulphate of Potash (SOP) Corporation Information
7.9.2 Tessenderlo Group Sulphate of Potash (SOP) Product Portfolio
7.9.3 Tessenderlo Group Sulphate of Potash (SOP) Production, Value, Price and Gross Margin (2018-2023)
7.9.4 Tessenderlo Group Main Business and Markets Served
7.9.5 Tessenderlo Group Recent Developments/Updates
7.10 K+S Aktiengesellschaft
7.10.1 K+S Aktiengesellschaft Sulphate of Potash (SOP) Corporation Information
7.10.2 K+S Aktiengesellschaft Sulphate of Potash (SOP) Product Portfolio
7.10.3 K+S Aktiengesellschaft Sulphate of Potash (SOP) Production, Value, Price and Gross Margin (2018-2023)
7.10.4 K+S Aktiengesellschaft Main Business and Markets Served
7.10.5 K+S Aktiengesellschaft Recent Developments/Updates
7.11 Intrepid Potash
7.11.1 Intrepid Potash Sulphate of Potash (SOP) Corporation Information
7.11.2 Intrepid Potash Sulphate of Potash (SOP) Product Portfolio
7.11.3 Intrepid Potash Sulphate of Potash (SOP) Production, Value, Price and Gross Margin (2018-2023)
7.11.4 Intrepid Potash Main Business and Markets Served
7.11.5 Intrepid Potash Recent Developments/Updates
7.12 Qinghai Bindi Potash Co
7.12.1 Qinghai Bindi Potash Co Sulphate of Potash (SOP) Corporation Information
7.12.2 Qinghai Bindi Potash Co Sulphate of Potash (SOP) Product Portfolio
7.12.3 Qinghai Bindi Potash Co Sulphate of Potash (SOP) Production, Value, Price and Gross Margin (2018-2023)
7.12.4 Qinghai Bindi Potash Co Main Business and Markets Served
7.12.5 Qinghai Bindi Potash Co Recent Developments/Updates
7.13 Jiangsu Kolod Food Ingredients Co
7.13.1 Jiangsu Kolod Food Ingredients Co Sulphate of Potash (SOP) Corporation Information
7.13.2 Jiangsu Kolod Food Ingredients Co Sulphate of Potash (SOP) Product Portfolio
7.13.3 Jiangsu Kolod Food Ingredients Co Sulphate of Potash (SOP) Production, Value, Price and Gross Margin (2018-2023)
7.13.4 Jiangsu Kolod Food Ingredients Co Main Business and Markets Served
7.13.5 Jiangsu Kolod Food Ingredients Co Recent Developments/Updates
7.14 Shanghai Jinjinle Industry Company Ltd
7.14.1 Shanghai Jinjinle Industry Company Ltd Sulphate of Potash (SOP) Corporation Information
7.14.2 Shanghai Jinjinle Industry Company Ltd Sulphate of Potash (SOP) Product Portfolio
7.14.3 Shanghai Jinjinle Industry Company Ltd Sulphate of Potash (SOP) Production, Value, Price and Gross Margin (2018-2023)
7.14.4 Shanghai Jinjinle Industry Company Ltd Main Business and Markets Served
7.14.5 Shanghai Jinjinle Industry Company Ltd Recent Developments/Updates
7.15 Ching Shiang Chemical Industrial Co
7.15.1 Ching Shiang Chemical Industrial Co Sulphate of Potash (SOP) Corporation Information
7.15.2 Ching Shiang Chemical Industrial Co Sulphate of Potash (SOP) Product Portfolio
7.15.3 Ching Shiang Chemical Industrial Co Sulphate of Potash (SOP) Production, Value, Price and Gross Margin (2018-2023)
7.15.4 Ching Shiang Chemical Industrial Co Main Business and Markets Served
7.15.5 Ching Shiang Chemical Industrial Co Recent Developments/Updates
7.16 Jinan Huifengda Chemical Co
7.16.1 Jinan Huifengda Chemical Co Sulphate of Potash (SOP) Corporation Information
7.16.2 Jinan Huifengda Chemical Co Sulphate of Potash (SOP) Product Portfolio
7.16.3 Jinan Huifengda Chemical Co Sulphate of Potash (SOP) Production, Value, Price and Gross Margin (2018-2023)
7.16.4 Jinan Huifengda Chemical Co Main Business and Markets Served
7.16.5 Jinan Huifengda Chemical Co Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Sulphate of Potash (SOP) Industry Chain Analysis
8.2 Sulphate of Potash (SOP) Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Sulphate of Potash (SOP) Production Mode & Process
8.4 Sulphate of Potash (SOP) Sales and Marketing
8.4.1 Sulphate of Potash (SOP) Sales Channels
8.4.2 Sulphate of Potash (SOP) Distributors
8.5 Sulphate of Potash (SOP) Customers
9 Sulphate of Potash (SOP) Market Dynamics
9.1 Sulphate of Potash (SOP) Industry Trends
9.2 Sulphate of Potash (SOP) Market Drivers
9.3 Sulphate of Potash (SOP) Market Challenges
9.4 Sulphate of Potash (SOP) Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer

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