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Potassium sulfate (K2SO4) is a non-flammable white crystalline salt which is soluble in water. Major factors driving growth of the global potassium sulphate market is increasing government spending for development of agriculture sector and growing adoption of potassium sulphate form farmers for crop protection. In addition, increasing demand from food and beverage and pharmaceutical sectors is expected to support growth of the global potassium sulphate market.

The global potassium sulphate market report has been segmented on the basis of form, application, and region.

The form segment in the global potassium sulphate market is segmented on the basis of granular, powder, and liquid. The powder segment is expected to contribute significant revenue share in the global market.

The application segment in the global potassium sulphate market is segmented on the basis of agriculture, industrial, pharmaceutical, cosmetics, and food. The agriculture segment is expected to contribute significant revenue share in the global market.

On the basis of region, the global potassium sulphate market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

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The market in Asia Pacific is expect to dominate the global potassium sulphate market, owing to growing demand from agriculture sector. The markets in North America and Europe are expected to contribute significant revenue shares. This can be attributed to growing demand from food and beverage and cosmetic industries. Europe is expected to witness faster growth, owing to increasing demand for potassium sulphate from cosmetic industry in the countries in this region. Markets in Latin America and Middle East & Africa are expected to witness moderate growth over the forecast period.

Key players operating in the global potassium sulphate market include Compass Minerals International, Inc., K+S KALI GmbH, SESODA Corporation, Tessenderlo Group, SQM (Sociedad Quimica y Minera de Chile SA), United Co. RUSAL Plc, SDIC Xinjiang Luobupo Potash Company Limited., Yara International ASA., Migao Corporation, and Kemira Kemi AB. 

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