세계의 질산칼륨 시장 : 시장 규모, 점유율 및 동향 분석 보고서, 원료별, 최종 용도별, 지역별 전망 및 예측(2023-2030년)

The Global Potassium Nitrate Market size is expected to reach $2.2 billion by 2030, rising at a market growth of 3.9% CAGR during the forecast period. In the year 2022, the market attained a volume of 3,979.21 kilo tonnes, experiencing a growth of 1.0% (2019-2022).

Potassium nitrate fertilizers can be precisely formulated to meet the unique nutritional needs of these crops, enhancing their overall quality and marketability. Thus, the Agriculture segment acquired $567.47 million in 2022. Also, the US market would utilize 1,178.02 kilo tonnes of Potassium nitrate by 2030. It is water-soluble, allowing for rapid nutrient uptake by plant roots.

Ongoing advancements in food processing technology have further enhanced the effectiveness and versatility of potassium nitrate in food preservation. Innovations in curing techniques, packaging technologies, and processing equipment continue to drive the demand for potassium nitrate in the food industry. Thus, these factors can boost the demand for potassium nitrate in the coming years.

Additionally, it is well-known for its desensitizing properties, particularly in addressing tooth sensitivity caused by factors such as exposed dentin or enamel erosion. When incorporated into oral care products like toothpaste and mouthwash, it blocks nerve pathways in the teeth, reducing sensitivity to hot, cold, or acidic stimuli. Thus, these aspects can assist in the growth of the market.

However, Potassium nitrate is a fertilizer used in agriculture, and it poses risks of groundwater contamination, primarily through leaching. Nitrate ions from fertilizer applications can infiltrate soil layers and eventually reach groundwater reservoirs, leading to nitrate pollution. Therefore, these factors can lead to a downturn in the demand for potassium nitrate in the coming years.

By Raw Material Analysis

Based on raw material, the market is segmented into ammonium nitrate, potassium chloride, and sodium nitrate. In 2022, the ammonium nitrate segment garnered a significant 32% revenue share in the market. In terms of volume, the ammonium nitrate segment would utilize 1,771.1 kilo tonnes of ammonium nitrate by 2030. Ammonium nitrate serves as a key raw material in potassium nitrate production, particularly in the nitration process.

By End-Use Analysis

On the basis of end-use, the market is divided into agriculture, pharmaceutical, glass manufacturing, food & beverage, and others. In 2022, the pharmaceutical segment witnessed a substantial 18% revenue share in the market. In terms of volume, the pharmaceutical segment would utilize 991.18 kilo tonnes of potassium nitrate in pharmaceutical segment by 2030. With a growing emphasis on oral health and hygiene, a rising demand for pharmaceutical products that address dental sensitivities and other oral health issues is rising.

By Regional Analysis

By region, the market is segmented into North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific segment procured 43% revenue share in the market in 2022. In terms of volume, the Asia Pacific region would utilize 2,211.36 kilo tonnes of potassium nitrate by 2030. The Asia Pacific region is home to some of the world's largest agricultural economies, including China, India, and Southeast Asian countries.

List of Key Companies Profiled

• AG CHEMI GROUP s.r.o.
• Positive Chemicals Pvt. Ltd.
• Arihant Chemical
• Ravi Chem Industries
• Jagannath Chemicals
• SQM S.A.
• SNDB
• Haifa Negev technologies Ltd.
• KEMAPCO Arab Fertilizers & Chemicals Industries Ltd. (Arab Potash Company)
• Zhejiang Lianda Chemical Co Ltd

Global Potassium Nitrate Market Report Segmentation

By Raw Material (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• Potassium Chloride
• Ammonium Nitrate
• Sodium Nitrate

By End-Use (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• Agriculture
• Pharmaceutical
• Food & Beverage
• Glass Manufacturing
• Others

By Geography (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1.Market Scope & Methodology

• 1.1Market Definition
• 1.2Objectives
• 1.3Market Scope
• 1.4Segmentation
  • 1.4.1Global Potassium Nitrate Market, by Raw Material
  • 1.4.2Global Potassium Nitrate Market, by End-Use
  • 1.4.3Global Potassium Nitrate Market, by Geography
• 1.5Methodology for the research

Chapter 2.Market at a Glance

• 2.1Key Highlights

Chapter 3.Market Overview

• 3.1Introduction
  • 3.1.1Overview
    • 3.1.1.1Market Composition and Scenario
• 3.2Key Factors Impacting the Market
  • 3.2.1Market Drivers
  • 3.2.2Market Restraints
  • 3.2.3Market Opportunities
  • 3.2.4Market Challenges
• 3.3Porter's Five Forces Analysis

Chapter 4.Global Potassium Nitrate Market by Raw Material

• 4.1Global Potassium Chloride Market by Region
• 4.2Global Ammonium Nitrate Market by Region
• 4.3Global Sodium Nitrate Market by Region

Chapter 5.Global Potassium Nitrate Market by End-Use

• 5.1Global Agriculture Market by Region
• 5.2Global Pharmaceutical Market by Region
• 5.3Global Food & Beverage Market by Region
• 5.4Global Glass Manufacturing Market by Region
• 5.5Global Others Market by Region

Chapter 6.Global Potassium Nitrate Market by Region

• 6.1North America Potassium Nitrate Market
  • 6.1.1North America Potassium Nitrate Market by Raw Material
    • 6.1.1.1North America Potassium Chloride Market by Country
    • 6.1.1.2North America Ammonium Nitrate Market by Country
    • 6.1.1.3North America Sodium Nitrate Market by Country
  • 6.1.2North America Potassium Nitrate Market by End-Use
    • 6.1.2.1North America Agriculture Market by Country
    • 6.1.2.2North America Pharmaceutical Market by Country
    • 6.1.2.3North America Food & Beverage Market by Country
    • 6.1.2.4North America Glass Manufacturing Market by Country
    • 6.1.2.5North America Others Market by Country
  • 6.1.3North America Potassium Nitrate Market by Country
    • 6.1.3.1US Potassium Nitrate Market
      • 6.1.3.1.1US Potassium Nitrate Market by Raw Material
      • 6.1.3.1.2US Potassium Nitrate Market by End-Use
    • 6.1.3.2Canada Potassium Nitrate Market
      • 6.1.3.2.1Canada Potassium Nitrate Market by Raw Material
      • 6.1.3.2.2Canada Potassium Nitrate Market by End-Use
    • 6.1.3.3Mexico Potassium Nitrate Market
      • 6.1.3.3.1Mexico Potassium Nitrate Market by Raw Material
      • 6.1.3.3.2Mexico Potassium Nitrate Market by End-Use
    • 6.1.3.4Rest of North America Potassium Nitrate Market
      • 6.1.3.4.1Rest of North America Potassium Nitrate Market by Raw Material
      • 6.1.3.4.2Rest of North America Potassium Nitrate Market by End-Use
• 6.2Europe Potassium Nitrate Market
  • 6.2.1Europe Potassium Nitrate Market by Raw Material
    • 6.2.1.1Europe Potassium Chloride Market by Country
    • 6.2.1.2Europe Ammonium Nitrate Market by Country
    • 6.2.1.3Europe Sodium Nitrate Market by Country
  • 6.2.2Europe Potassium Nitrate Market by End-Use
    • 6.2.2.1Europe Agriculture Market by Country
    • 6.2.2.2Europe Pharmaceutical Market by Country
    • 6.2.2.3Europe Food & Beverage Market by Country
    • 6.2.2.4Europe Glass Manufacturing Market by Country
    • 6.2.2.5Europe Others Market by Country
  • 6.2.3Europe Potassium Nitrate Market by Country
    • 6.2.3.1Germany Potassium Nitrate Market
      • 6.2.3.1.1Germany Potassium Nitrate Market by Raw Material
      • 6.2.3.1.2Germany Potassium Nitrate Market by End-Use
    • 6.2.3.2UK Potassium Nitrate Market
      • 6.2.3.2.1UK Potassium Nitrate Market by Raw Material
      • 6.2.3.2.2UK Potassium Nitrate Market by End-Use
    • 6.2.3.3France Potassium Nitrate Market
      • 6.2.3.3.1France Potassium Nitrate Market by Raw Material
      • 6.2.3.3.2France Potassium Nitrate Market by End-Use
    • 6.2.3.4Russia Potassium Nitrate Market
      • 6.2.3.4.1Russia Potassium Nitrate Market by Raw Material
      • 6.2.3.4.2Russia Potassium Nitrate Market by End-Use
    • 6.2.3.5Spain Potassium Nitrate Market
      • 6.2.3.5.1Spain Potassium Nitrate Market by Raw Material
      • 6.2.3.5.2Spain Potassium Nitrate Market by End-Use
    • 6.2.3.6Italy Potassium Nitrate Market
      • 6.2.3.6.1Italy Potassium Nitrate Market by Raw Material
      • 6.2.3.6.2Italy Potassium Nitrate Market by End-Use
    • 6.2.3.7Rest of Europe Potassium Nitrate Market
      • 6.2.3.7.1Rest of Europe Potassium Nitrate Market by Raw Material
      • 6.2.3.7.2Rest of Europe Potassium Nitrate Market by End-Use
• 6.3Asia Pacific Potassium Nitrate Market
  • 6.3.1Asia Pacific Potassium Nitrate Market by Raw Material
    • 6.3.1.1Asia Pacific Potassium Chloride Market by Country
    • 6.3.1.2Asia Pacific Ammonium Nitrate Market by Country
    • 6.3.1.3Asia Pacific Sodium Nitrate Market by Country
  • 6.3.2Asia Pacific Potassium Nitrate Market by End-Use
    • 6.3.2.1Asia Pacific Agriculture Market by Country
    • 6.3.2.2Asia Pacific Pharmaceutical Market by Country
    • 6.3.2.3Asia Pacific Food & Beverage Market by Country
    • 6.3.2.4Asia Pacific Glass Manufacturing Market by Country
    • 6.3.2.5Asia Pacific Others Market by Country
  • 6.3.3Asia Pacific Potassium Nitrate Market by Country
    • 6.3.3.1China Potassium Nitrate Market
      • 6.3.3.1.1China Potassium Nitrate Market by Raw Material
      • 6.3.3.1.2China Potassium Nitrate Market by End-Use
    • 6.3.3.2India Potassium Nitrate Market
      • 6.3.3.2.1India Potassium Nitrate Market by Raw Material
      • 6.3.3.2.2India Potassium Nitrate Market by End-Use
    • 6.3.3.3Japan Potassium Nitrate Market
      • 6.3.3.3.1Japan Potassium Nitrate Market by Raw Material
      • 6.3.3.3.2Japan Potassium Nitrate Market by End-Use
    • 6.3.3.4South Korea Potassium Nitrate Market
      • 6.3.3.4.1South Korea Potassium Nitrate Market by Raw Material
      • 6.3.3.4.2South Korea Potassium Nitrate Market by End-Use
    • 6.3.3.5Australia Potassium Nitrate Market
      • 6.3.3.5.1Australia Potassium Nitrate Market by Raw Material
      • 6.3.3.5.2Australia Potassium Nitrate Market by End-Use
    • 6.3.3.6Malaysia Potassium Nitrate Market
      • 6.3.3.6.1Malaysia Potassium Nitrate Market by Raw Material
      • 6.3.3.6.2Malaysia Potassium Nitrate Market by End-Use
    • 6.3.3.7Rest of Asia Pacific Potassium Nitrate Market
      • 6.3.3.7.1Rest of Asia Pacific Potassium Nitrate Market by Raw Material
      • 6.3.3.7.2Rest of Asia Pacific Potassium Nitrate Market by End-Use
• 6.4LAMEA Potassium Nitrate Market
  • 6.4.1LAMEA Potassium Nitrate Market by Raw Material
    • 6.4.1.1LAMEA Potassium Chloride Market by Country
    • 6.4.1.2LAMEA Ammonium Nitrate Market by Country
    • 6.4.1.3LAMEA Sodium Nitrate Market by Country
  • 6.4.2LAMEA Potassium Nitrate Market by End-Use
    • 6.4.2.1LAMEA Agriculture Market by Country
    • 6.4.2.2LAMEA Pharmaceutical Market by Country
    • 6.4.2.3LAMEA Food & Beverage Market by Country
    • 6.4.2.4LAMEA Glass Manufacturing Market by Country
    • 6.4.2.5LAMEA Others Market by Country
  • 6.4.3LAMEA Potassium Nitrate Market by Country
    • 6.4.3.1Brazil Potassium Nitrate Market
      • 6.4.3.1.1Brazil Potassium Nitrate Market by Raw Material
      • 6.4.3.1.2Brazil Potassium Nitrate Market by End-Use
    • 6.4.3.2Argentina Potassium Nitrate Market
      • 6.4.3.2.1Argentina Potassium Nitrate Market by Raw Material
      • 6.4.3.2.2Argentina Potassium Nitrate Market by End-Use
    • 6.4.3.3UAE Potassium Nitrate Market
      • 6.4.3.3.1UAE Potassium Nitrate Market by Raw Material
      • 6.4.3.3.2UAE Potassium Nitrate Market by End-Use
    • 6.4.3.4Saudi Arabia Potassium Nitrate Market
      • 6.4.3.4.1Saudi Arabia Potassium Nitrate Market by Raw Material
      • 6.4.3.4.2Saudi Arabia Potassium Nitrate Market by End-Use
    • 6.4.3.5South Africa Potassium Nitrate Market
      • 6.4.3.5.1South Africa Potassium Nitrate Market by Raw Material
      • 6.4.3.5.2South Africa Potassium Nitrate Market by End-Use
    • 6.4.3.6Nigeria Potassium Nitrate Market
      • 6.4.3.6.1Nigeria Potassium Nitrate Market by Raw Material
      • 6.4.3.6.2Nigeria Potassium Nitrate Market by End-Use
    • 6.4.3.7Rest of LAMEA Potassium Nitrate Market
      • 6.4.3.7.1Rest of LAMEA Potassium Nitrate Market by Raw Material
      • 6.4.3.7.2Rest of LAMEA Potassium Nitrate Market by End-Use

Chapter 7.Company Profiles

• 7.1AG CHEMI GROUP s r. o.
  • 7.1.1Company Overview
  • 7.1.2SWOT Analysis
• 7.2Positive Chemicals Pvt. Ltd.
  • 7.2.1Company Overview
• 7.3Arihant Chemical
  • 7.3.1Company Overview
• 7.4Ravi Chem Industries
  • 7.4.1Company Overview
• 7.5Jagannath Chemicals
  • 7.5.1Company Overview
• 7.6SQM S.A.
  • 7.6.1Company Overview
  • 7.6.2Financial Analysis
  • 7.6.3Segmental and Regional Analysis
• 7.7SNDB
  • 7.7.1Company Overview
• 7.8Haifa Negev technologies Ltd.
  • 7.8.1Company Overview
• 7.9KEMAPCO Arab Fertilizers & Chemicals Industries Ltd. (Arab Potash Company)
  • 7.9.1Company Overview
  • 7.9.2Financial Analysis
  • 7.9.3Segmental and Regional Analysis
• 7.10.Zhejiang Lianda Chemical Co Ltd
  • 7.10.1Company Overview

Chapter 8.Winning Imperatives of Potassium Nitrate Market