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Synopsis
The global market for Potassium Carbonate was estimated to be worth US$ 573 million in 2024 and is forecast to a readjusted size of US$ 745 million by 2031 with a CAGR of 3.7% during the forecast period 2025-2031.
Potassium carbonate (K2CO3), also known as potash carbonate, is a translucent and odourless organic alkaline solution or a white and odourless solid chemical compound that is available in crystalline granulated or powder form. The Potassium Carbonate market covers Electrolysis Method, Ion Exchange Method, Ash Method, etc. The typical players include UNID Global Corporation, WENTONG Group (Qinghai Yanhu), Armand Products, Evonik, Zhejiang Dayang, Vynova PPC, AGC Chemicals, JSC Pikalevskaya Soda, etc.
Globally, potassium carbonate manufacturers are mainly distributed in South Korea, China, the United States, Germany, etc. The global key Potassium Carbonate manufacturers include UNID Global Corporation, Zhejiang Dayang, Armand Products, Evonik, WENTONG Group (Qinghai Yanhu), Vynova PPC, AGC Chemicals, JSC Pikalevskaya Soda, Altair Chimica, GACL, etc. At present, the production process of potassium carbonate mainly includes Electrolysis Method, Ion Exchange Method, Ash Method and Other Method. At present, ion exchange method and electrolysis method are commonly used in the market. The Ash Method and Other Method production process has been eliminated due to high energy consumption, serious pollution, poor product quality and unsuitability for large-scale production. The main consumption areas of global potassium carbonate are Glass & Ceramic manufacturing, Agrochemicals, Pharmaceutical, Food Industry and Potassium Salts. Global potassium carbonate is mainly used to manufacture glass & ceramics, with agrochemical industries accounting for 31% and 26% respectively. As the largest consumer country, China accounting for 30% of the global total. In China, potassium carbonate has different quality grades and is widely used in food, pesticide, medicine, industry and other fields. The United States is the second important consumer country, with consumption accounting for 12% of the global during last year.
This report aims to provide a comprehensive presentation of the global market for Potassium Carbonate, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Potassium Carbonate by region & country, by Type, and by Application.
The Potassium Carbonate market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Potassium Carbonate.
Market Segmentation
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Published By : QY Research