Materials & Chemicals / Potassium Acetate Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Niacet, Clariant AG (Swiss :CLN.SW), Cryotech, Hawkins, Inc. (NasdaqGS :HWKN
Potassium Acetate Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Niacet, Clariant AG (Swiss :CLN.SW), Cryotech, Hawkins, Inc. (NasdaqGS :HWKN
The Global Potassium Acetate Market is anticipated to reach the market value of USD 220.9 million the year 2027 from USD 167.4 million in the year 2020, growing at a CAGR of 4.0% during the forecast period 2022 to 2027.
Potassium Acetate Market Overview
Potassium acetate which is also known as KCH3COO is the potassium salt of acetic acid. It is basically crystalline powder or white flakes and it is used in industries like pharma, deicing, food additives and more. It is common for potassium salts to be sold in aqueous form. Similarly, potassium acetate is generally sold as aqueous solution, specifically in drilling fluid and deicing industries.
The production of potassium acetate in China is mainly concentrated in Jiangsu Province. For production, production amount of potassium acetate in China has reached 23247 MT by the end of year 2018. For demand market of potassium acetate, there is also a certain space in the next few years. China is the main export area, where potassium acetate is mainly exported to USA.
Based on the Potassium Acetate market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields of Materials & Chemicals. From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analyzed in detail. To Boost Growth of Potassium Acetate during the epidemic era, this report analyzes in detail for the potential risks and opportunities which can be focused on.
Who are the Major Players in Potassium Acetate Market?
Top Key Players in the Potassium Acetate Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global De- Potassium Acetate Market is fragmented with a large number of small players operating worldwide. The companies referred to in the market research report include Niacet, Clariant AG (Swiss :CLN.SW), Cryotech, Hawkins, Inc. (NasdaqGS :HWKN), Nachurs Alpine Solutions, Evonik, Daito Chemical, Lancashire Chemicals, Askhay, Baltic Enterprise, Jiangsu Kolod Food, Wuxi Yangshan Biochemical, Wuxi Unisen and other .
Nachurs Alpine Solutions (NAS), a division of Wilbur-Ellis, announced previous year that it has received two patents from the United States Patent and Trademark Office for its potassium acetate technology. This technology is a method of fertilizing an agricultural crop using an environmentally friendly and versatile high potassium-content liquid fertilizer.
What are the major Applications, Types, and Regions of Potassium Acetate Market?
Potassium Acetate Market is segmented based on the type, applications, companies and regions.
By Type, Potassium Acetate Market has been segmented into
Food Grade
Pharmaceutical Grade
Industrial Grade
Others
The end user’s industry application on Potassium Acetate Market is,
Industrial
Pharma & Food
Deicing
Others
Potassium Acetate Market Regional Analysis
Niacet is the global leader in Europe, with 8.95% of the global potassium acetate production. Cryotech and Hawkins are leading manufacturers in USA. Market in China is more separated, compared with USA and Europe. Potassium acetate product is usually sold in aqueous solution and powder form. USA and Canada are the main import regions of potassium acetate. China and Europe are the main export areas of potassium acetate.
The production of potassium acetate in China is mainly concentrated in Jiangsu Province. For production, production amount of potassium acetate in China has reached 23247 MT. For demand market of potassium acetate, there is also a certain space in the next few years.
The report offers in-depth assessment of the growth and other aspects of the Potassium Acetate Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
What is our Potassium Acetate Market report scope?
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2021-2026. The report presents the analysis of Potassium Acetate Market for the historical period of 2017-2021 and the forecast period of 2021-2026.
The key insights of the report have been presented through the frameworks of Major Mergers & Acquisitions, Technological Innovations, and Role of Manufacturers during COVID19 Pandemic. Additionally, the major opportunities, trends, drivers and challenges of the industry has been analyzed in the report.
Reports Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 4.0% during the review period (2022 to 2027).
Yes, the report can be customized as per your needs
Key Takeaways from this Potassium Acetate Report
Evaluate Potassium Acetate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Potassium Acetate market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
Frequently Asked Questions
What is the study period of this market?
The Potassium Acetate Market is studied from 2017 - 2027.
Who are the key players in Potassium Acetate Market?
What are the major end-use applications of the Potassium Acetate Market?
Industrial, Pharma & Food, Deicing, Others.
What segments are covered in the Potassium Acetate Market report?
The Global Potassium Acetate Market is Segmented on the basic of Product, Application, and Geography.
How can I get a sample report/company profile for the Potassium Acetate Market?
The sample report for the Potassium Acetate Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
