硫酸カリウム市場の2030年までの予測：形態、流通チャネル、用途、エンドユーザー、地域別の世界分析

Stratistics MRCによると、硫酸カリウムの世界市場は2024年に51億3,000万米ドルを占め、予測期間中のCAGRは6.8％で成長し、2030年には76億米ドルに達すると予想されています。

硫酸カリウム（K2SO4）は硫酸カリ（SOP）としても知られ、主に肥料として使用される白色の水溶性塩です。必要不可欠なカリウムと硫黄を供給し、植物の成長を促進し、作物の収量を向上させ、病気に対する抵抗力を高めています。塩化カリウムと異なり、SOPは塩化物含有量が低いため、タバコ、ジャガイモ、果物など塩化物に敏感な作物に最適です。また、ガラス製造、医薬品、実験用試薬などの工業用途にも使用されています。

India Brand Equity Foundation（IBEF）によると、2020年度の国内輸出額は350億9,000万米ドルで、21年度には412億5,000万米ドルを超えると予想されています。

人口増加と食糧需要

世界の人口増加と食糧需要の増加が硫酸カリウム（SOP）産業を牽引しています。果物、野菜、タバコなど、塩化物に弱く、食習慣の変化により需要が高まっている作物には、SOPが推奨されます。SOPの導入は、特に乾燥地帯での農業活動の拡大により、さらに増加します。土壌の健全性を最大限に高めるための高級肥料の需要とサステイナブル農法が、市場の一貫した拡大をさらに支えています。

高い生産コスト

硫酸カリウム市場における高い生産コストは収益性を妨げ、市場の成長を制限します。原料、エネルギー消費、労働に関連する経費の増加は価格構造に大きな影響を与え、硫酸カリウムを製造業者や消費者にとって高価なものにしています。このため、特に価格に敏感な地域では需要が減少し、主要企業はコスト削減策を模索したり、代替生産方法を模索せざるを得なくなり、市場全体の安定と成長に影響を及ぼします。

温室栽培と有機栽培の増加

温室栽培と有機栽培の採用が増加しているため、硫酸カリウム（SOP）の需要が高まっています。硫酸カリウムは塩化物を含まないため、果物、野菜、ナッツのような高価値で塩化物の影響を受けやすい作物には不可欠です。有機農業は、持続可能性基準を満たしながら土壌の肥沃度と植物の健康を高めるためにSOPに依存しています。さらに、温室栽培では正確な養分管理が必要とされ、SOPの需要をさらに押し上げています。世界の動向がサステイナブル農業へとシフトする中、硫酸カリウム市場はこうした実践に対応して大きく拡大すると予想されます。

限られた原料供給能力

原料の入手可能性が限られていることは、生産コストの上昇と供給の制限によって硫酸カリウム市場の大きな妨げとなっています。塩化カリウムや硫酸塩のような希少資源への依存は価格変動につながります。サプライチェーンの混乱や地政学的要因はさらに不足を悪化させています。このような制約は、農業や工業の需要拡大に対応するメーカーの能力を制限し、市場の拡大を鈍らせ、代替肥料や輸入に頼らざるを得なくなる可能性があり、市場全体の安定性に影響を与えます。

COVID-19の影響

COVID-19の大流行は、サプライチェーンの混乱、労働力不足、輸送制限を通じて硫酸カリウム市場を混乱させ、原料の入手可能性と価格の変動につながりました。しかし、農業、特に食糧生産に不可欠な役割を果たすため、需要は安定を保りました。この危機はまた、サステイナブル農業プラクティスへのシフトを加速させ、短期的な物流の課題や経済の不確実性にもかかわらず、長期的な市場の展望を押し上げました。

予測期間中、農業セグメントが最大の市場シェアを占める見込み

農業セグメントは、果物、野菜、タバコのような塩化物に敏感な作物の高級肥料として広く使用されているため、予測期間中に最大の市場シェアを占めると予想されます。世界の食糧需要の増加、土壌養分の枯渇、高価値作物へのシフトがSOPの採用に拍車をかけています。さらに、有機農法やサステイナブル農業の動向は、その環境に優しい性質からSOPの需要を押し上げています。温室栽培と精密農業の増加は市場成長をさらに加速させ、農業はSOP消費に影響を与える主要部門となっています。

化粧品セグメントは予測期間中最も高いCAGRが見込まれる

予測期間中、化粧品セグメントはスキンケアやパーソナルケア配合における使用の増加により、最も高い成長率を示すと予測されます。洗顔料、シャンプー、浴用製品の主要成分として、硫酸カリウムはpH調整剤と乳化剤の役割を果たし、製品の安定性と効果を高めています。高級化粧品やオーガニック化粧品に対する消費者の需要の高まりが、市場の成長をさらに後押ししています。さらに、特にアジア太平洋と北米における美容産業の拡大が、硫酸カリウムの消費を加速し、世界市場におけるその役割を強化しています。

最大のシェアを持つ地域

予測期間中、農業、肥料、工業用途での需要増加により、アジア太平洋が最大の市場シェアを占めると予想されます。人口の増加と食糧安全保障への懸念が、高価値作物用の塩化物を含まない肥料として硫酸カリウムの使用を後押ししています。製薬産業やガラス産業の拡大が需要をさらに押し上げています。さらに、サステイナブル農業と土壌の健康を支援する政府の取り組みが市場の成長を後押ししています。中国とインドがこの地域をリードしており、技術の進歩と強力な農業部門の恩恵を受けているため、アジア太平洋は硫酸カリウムの主要な成長拠点となっています。

CAGRが最も高い地域

予測期間中、北米地域は最も高いCAGRを示すと予想されます。これは、ナッツ、果物、野菜などの高価値作物において、塩化物を含まない肥料が必要とされているためです。市場は、食糧安全保障に対する懸念の高まり、有機農業の拡大、土壌の健全性に関する知識の高まりの結果として成長しています。また、化粧品や医薬品などの工業用途も需要に影響を与えています。さらに、硫酸カリ（SOP）製造における技術開発や、サステイナブル農業を支援する政府プログラムが、この地域全体の市場拡大を促進しています。

無料のカスタマイズサービス

本レポートをご購読の顧客には、以下の無料カスタマイズオプションのいずれかをご利用いただけます。

• 企業プロファイル
  • 追加市場参入企業の包括的プロファイリング（3社まで）
  • 主要企業のSWOT分析（3社まで）
• 地域セグメンテーション
  • 顧客の関心に応じた主要国の市場推定・予測・CAGR（注：フィージビリティチェックによる）
• 競合ベンチマーキング
  • 製品ポートフォリオ、地理的プレゼンス、戦略的提携による主要企業のベンチマーキング

目次

第1章 エグゼクティブサマリー

第2章 序文

• 概要
• ステークホルダー
• 調査範囲
• 調査手法
  • データマイニング
  • データ分析
  • データ検証
  • 調査アプローチ
• 調査情報源
  • 1次調査情報源
  • 2次調査情報源
  • 前提条件

第3章 市場動向分析

• イントロダクション
• 促進要因
• 抑制要因
• 機会
• 脅威
• 用途分析
• エンドユーザー分析
• 新興市場
• COVID-19の影響

第4章 ポーターのファイブフォース分析

• 供給企業の交渉力
• 買い手の交渉力
• 代替品の脅威
• 新規参入業者の脅威
• 競争企業間の敵対関係

第5章 世界の硫酸カリウム市場：形態別

• イントロダクション
• 粒状
• 粉末
• 液体

第6章 世界の硫酸カリウム市場：流通チャネル別

• イントロダクション
• 直接販売
• 小売業者/販売業者

第7章 世界の硫酸カリウム市場：用途別

• イントロダクション
• 肥料
• 動物飼料
• 化粧品
• 飲食品
• その他

第8章 世界の硫酸カリウム市場：エンドユーザー別

• イントロダクション
• 農業
• 産業
• 製薬
• その他

第9章 世界の硫酸カリウム市場：地域別

• イントロダクション
• 北米
  • 米国
  • カナダ
  • メキシコ
• 欧州
  • ドイツ
  • 英国
  • イタリア
  • フランス
  • スペイン
  • その他の欧州
• アジア太平洋
  • 日本
  • 中国
  • インド
  • オーストラリア
  • ニュージーランド
  • 韓国
  • その他のアジア太平洋
• 南米
  • アルゼンチン
  • ブラジル
  • チリ
  • その他の南米
• 中東・アフリカ
  • サウジアラビア
  • アラブ首長国連邦
  • カタール
  • 南アフリカ
  • その他の中東・アフリカ

第10章 主要開発

• 契約、パートナーシップ、コラボレーション、合弁事業
• 買収と合併
• 新製品発売
• 事業拡大
• その他の主要戦略

第11章 企業プロファイリング

• BASF SE
• Anellotech
• Arkema Group
• Borealis
• Braskem
• Cabot Corporation
• Celanese Corporation
• Chevron Phillips Chemical Company LLC
• China Petroleum & Chemical Corporation
• Dow Chemical
• Exxon Mobil Corporation
• Honeywell
• Huntsman Corporation
• JFE Chemical Corporation
• LyondellBasell Industries Holdings BV
• Marathon Petroleum Company
• Mitsubishi Chemical Corporation
• Reliance Industries Limited
• SABIC
• Shell PLC

List of Tables

• Table 1 Global Potassium Sulfate Market Outlook, By Region (2022-2030) ($MN)
• Table 2 Global Potassium Sulfate Market Outlook, By Form (2022-2030) ($MN)
• Table 3 Global Potassium Sulfate Market Outlook, By Granular (2022-2030) ($MN)
• Table 4 Global Potassium Sulfate Market Outlook, By Powder (2022-2030) ($MN)
• Table 5 Global Potassium Sulfate Market Outlook, By Liquid (2022-2030) ($MN)
• Table 6 Global Potassium Sulfate Market Outlook, By Distribution Channel (2022-2030) ($MN)
• Table 7 Global Potassium Sulfate Market Outlook, By Direct Sales (2022-2030) ($MN)
• Table 8 Global Potassium Sulfate Market Outlook, By Retailers/Distributors (2022-2030) ($MN)
• Table 9 Global Potassium Sulfate Market Outlook, By Application (2022-2030) ($MN)
• Table 10 Global Potassium Sulfate Market Outlook, By Fertilizers (2022-2030) ($MN)
• Table 11 Global Potassium Sulfate Market Outlook, By Animal Feed (2022-2030) ($MN)
• Table 12 Global Potassium Sulfate Market Outlook, By Cosmetics (2022-2030) ($MN)
• Table 13 Global Potassium Sulfate Market Outlook, By Food & Beverages (2022-2030) ($MN)
• Table 14 Global Potassium Sulfate Market Outlook, By Other Applications (2022-2030) ($MN)
• Table 15 Global Potassium Sulfate Market Outlook, By End User (2022-2030) ($MN)
• Table 16 Global Potassium Sulfate Market Outlook, By Agriculture (2022-2030) ($MN)
• Table 17 Global Potassium Sulfate Market Outlook, By Industrial (2022-2030) ($MN)
• Table 18 Global Potassium Sulfate Market Outlook, By Pharmaceutical (2022-2030) ($MN)
• Table 19 Global Potassium Sulfate Market Outlook, By Other End Users (2022-2030) ($MN)
• Table 20 North America Potassium Sulfate Market Outlook, By Country (2022-2030) ($MN)
• Table 21 North America Potassium Sulfate Market Outlook, By Form (2022-2030) ($MN)
• Table 22 North America Potassium Sulfate Market Outlook, By Granular (2022-2030) ($MN)
• Table 23 North America Potassium Sulfate Market Outlook, By Powder (2022-2030) ($MN)
• Table 24 North America Potassium Sulfate Market Outlook, By Liquid (2022-2030) ($MN)
• Table 25 North America Potassium Sulfate Market Outlook, By Distribution Channel (2022-2030) ($MN)
• Table 26 North America Potassium Sulfate Market Outlook, By Direct Sales (2022-2030) ($MN)
• Table 27 North America Potassium Sulfate Market Outlook, By Retailers/Distributors (2022-2030) ($MN)
• Table 28 North America Potassium Sulfate Market Outlook, By Application (2022-2030) ($MN)
• Table 29 North America Potassium Sulfate Market Outlook, By Fertilizers (2022-2030) ($MN)
• Table 30 North America Potassium Sulfate Market Outlook, By Animal Feed (2022-2030) ($MN)
• Table 31 North America Potassium Sulfate Market Outlook, By Cosmetics (2022-2030) ($MN)
• Table 32 North America Potassium Sulfate Market Outlook, By Food & Beverages (2022-2030) ($MN)
• Table 33 North America Potassium Sulfate Market Outlook, By Other Applications (2022-2030) ($MN)
• Table 34 North America Potassium Sulfate Market Outlook, By End User (2022-2030) ($MN)
• Table 35 North America Potassium Sulfate Market Outlook, By Agriculture (2022-2030) ($MN)
• Table 36 North America Potassium Sulfate Market Outlook, By Industrial (2022-2030) ($MN)
• Table 37 North America Potassium Sulfate Market Outlook, By Pharmaceutical (2022-2030) ($MN)
• Table 38 North America Potassium Sulfate Market Outlook, By Other End Users (2022-2030) ($MN)
• Table 39 Europe Potassium Sulfate Market Outlook, By Country (2022-2030) ($MN)
• Table 40 Europe Potassium Sulfate Market Outlook, By Form (2022-2030) ($MN)
• Table 41 Europe Potassium Sulfate Market Outlook, By Granular (2022-2030) ($MN)
• Table 42 Europe Potassium Sulfate Market Outlook, By Powder (2022-2030) ($MN)
• Table 43 Europe Potassium Sulfate Market Outlook, By Liquid (2022-2030) ($MN)
• Table 44 Europe Potassium Sulfate Market Outlook, By Distribution Channel (2022-2030) ($MN)
• Table 45 Europe Potassium Sulfate Market Outlook, By Direct Sales (2022-2030) ($MN)
• Table 46 Europe Potassium Sulfate Market Outlook, By Retailers/Distributors (2022-2030) ($MN)
• Table 47 Europe Potassium Sulfate Market Outlook, By Application (2022-2030) ($MN)
• Table 48 Europe Potassium Sulfate Market Outlook, By Fertilizers (2022-2030) ($MN)
• Table 49 Europe Potassium Sulfate Market Outlook, By Animal Feed (2022-2030) ($MN)
• Table 50 Europe Potassium Sulfate Market Outlook, By Cosmetics (2022-2030) ($MN)
• Table 51 Europe Potassium Sulfate Market Outlook, By Food & Beverages (2022-2030) ($MN)
• Table 52 Europe Potassium Sulfate Market Outlook, By Other Applications (2022-2030) ($MN)
• Table 53 Europe Potassium Sulfate Market Outlook, By End User (2022-2030) ($MN)
• Table 54 Europe Potassium Sulfate Market Outlook, By Agriculture (2022-2030) ($MN)
• Table 55 Europe Potassium Sulfate Market Outlook, By Industrial (2022-2030) ($MN)
• Table 56 Europe Potassium Sulfate Market Outlook, By Pharmaceutical (2022-2030) ($MN)
• Table 57 Europe Potassium Sulfate Market Outlook, By Other End Users (2022-2030) ($MN)
• Table 58 Asia Pacific Potassium Sulfate Market Outlook, By Country (2022-2030) ($MN)
• Table 59 Asia Pacific Potassium Sulfate Market Outlook, By Form (2022-2030) ($MN)
• Table 60 Asia Pacific Potassium Sulfate Market Outlook, By Granular (2022-2030) ($MN)
• Table 61 Asia Pacific Potassium Sulfate Market Outlook, By Powder (2022-2030) ($MN)
• Table 62 Asia Pacific Potassium Sulfate Market Outlook, By Liquid (2022-2030) ($MN)
• Table 63 Asia Pacific Potassium Sulfate Market Outlook, By Distribution Channel (2022-2030) ($MN)
• Table 64 Asia Pacific Potassium Sulfate Market Outlook, By Direct Sales (2022-2030) ($MN)
• Table 65 Asia Pacific Potassium Sulfate Market Outlook, By Retailers/Distributors (2022-2030) ($MN)
• Table 66 Asia Pacific Potassium Sulfate Market Outlook, By Application (2022-2030) ($MN)
• Table 67 Asia Pacific Potassium Sulfate Market Outlook, By Fertilizers (2022-2030) ($MN)
• Table 68 Asia Pacific Potassium Sulfate Market Outlook, By Animal Feed (2022-2030) ($MN)
• Table 69 Asia Pacific Potassium Sulfate Market Outlook, By Cosmetics (2022-2030) ($MN)
• Table 70 Asia Pacific Potassium Sulfate Market Outlook, By Food & Beverages (2022-2030) ($MN)
• Table 71 Asia Pacific Potassium Sulfate Market Outlook, By Other Applications (2022-2030) ($MN)
• Table 72 Asia Pacific Potassium Sulfate Market Outlook, By End User (2022-2030) ($MN)
• Table 73 Asia Pacific Potassium Sulfate Market Outlook, By Agriculture (2022-2030) ($MN)
• Table 74 Asia Pacific Potassium Sulfate Market Outlook, By Industrial (2022-2030) ($MN)
• Table 75 Asia Pacific Potassium Sulfate Market Outlook, By Pharmaceutical (2022-2030) ($MN)
• Table 76 Asia Pacific Potassium Sulfate Market Outlook, By Other End Users (2022-2030) ($MN)
• Table 77 South America Potassium Sulfate Market Outlook, By Country (2022-2030) ($MN)
• Table 78 South America Potassium Sulfate Market Outlook, By Form (2022-2030) ($MN)
• Table 79 South America Potassium Sulfate Market Outlook, By Granular (2022-2030) ($MN)
• Table 80 South America Potassium Sulfate Market Outlook, By Powder (2022-2030) ($MN)
• Table 81 South America Potassium Sulfate Market Outlook, By Liquid (2022-2030) ($MN)
• Table 82 South America Potassium Sulfate Market Outlook, By Distribution Channel (2022-2030) ($MN)
• Table 83 South America Potassium Sulfate Market Outlook, By Direct Sales (2022-2030) ($MN)
• Table 84 South America Potassium Sulfate Market Outlook, By Retailers/Distributors (2022-2030) ($MN)
• Table 85 South America Potassium Sulfate Market Outlook, By Application (2022-2030) ($MN)
• Table 86 South America Potassium Sulfate Market Outlook, By Fertilizers (2022-2030) ($MN)
• Table 87 South America Potassium Sulfate Market Outlook, By Animal Feed (2022-2030) ($MN)
• Table 88 South America Potassium Sulfate Market Outlook, By Cosmetics (2022-2030) ($MN)
• Table 89 South America Potassium Sulfate Market Outlook, By Food & Beverages (2022-2030) ($MN)
• Table 90 South America Potassium Sulfate Market Outlook, By Other Applications (2022-2030) ($MN)
• Table 91 South America Potassium Sulfate Market Outlook, By End User (2022-2030) ($MN)
• Table 92 South America Potassium Sulfate Market Outlook, By Agriculture (2022-2030) ($MN)
• Table 93 South America Potassium Sulfate Market Outlook, By Industrial (2022-2030) ($MN)
• Table 94 South America Potassium Sulfate Market Outlook, By Pharmaceutical (2022-2030) ($MN)
• Table 95 South America Potassium Sulfate Market Outlook, By Other End Users (2022-2030) ($MN)
• Table 96 Middle East & Africa Potassium Sulfate Market Outlook, By Country (2022-2030) ($MN)
• Table 97 Middle East & Africa Potassium Sulfate Market Outlook, By Form (2022-2030) ($MN)
• Table 98 Middle East & Africa Potassium Sulfate Market Outlook, By Granular (2022-2030) ($MN)
• Table 99 Middle East & Africa Potassium Sulfate Market Outlook, By Powder (2022-2030) ($MN)
• Table 100 Middle East & Africa Potassium Sulfate Market Outlook, By Liquid (2022-2030) ($MN)
• Table 101 Middle East & Africa Potassium Sulfate Market Outlook, By Distribution Channel (2022-2030) ($MN)
• Table 102 Middle East & Africa Potassium Sulfate Market Outlook, By Direct Sales (2022-2030) ($MN)
• Table 103 Middle East & Africa Potassium Sulfate Market Outlook, By Retailers/Distributors (2022-2030) ($MN)
• Table 104 Middle East & Africa Potassium Sulfate Market Outlook, By Application (2022-2030) ($MN)
• Table 105 Middle East & Africa Potassium Sulfate Market Outlook, By Fertilizers (2022-2030) ($MN)
• Table 106 Middle East & Africa Potassium Sulfate Market Outlook, By Animal Feed (2022-2030) ($MN)
• Table 107 Middle East & Africa Potassium Sulfate Market Outlook, By Cosmetics (2022-2030) ($MN)
• Table 108 Middle East & Africa Potassium Sulfate Market Outlook, By Food & Beverages (2022-2030) ($MN)
• Table 109 Middle East & Africa Potassium Sulfate Market Outlook, By Other Applications (2022-2030) ($MN)
• Table 110 Middle East & Africa Potassium Sulfate Market Outlook, By End User (2022-2030) ($MN)
• Table 111 Middle East & Africa Potassium Sulfate Market Outlook, By Agriculture (2022-2030) ($MN)
• Table 112 Middle East & Africa Potassium Sulfate Market Outlook, By Industrial (2022-2030) ($MN)
• Table 113 Middle East & Africa Potassium Sulfate Market Outlook, By Pharmaceutical (2022-2030) ($MN)
• Table 114 Middle East & Africa Potassium Sulfate Market Outlook, By Other End Users (2022-2030) ($MN)

According to Stratistics MRC, the Global Potassium Sulfate Market is accounted for $5.13 billion in 2024 and is expected to reach $7.6 billion by 2030 growing at a CAGR of 6.8% during the forecast period. Potassium sulfate (K2SO4), also known as sulfate of potash (SOP), is a white, water-soluble salt used primarily as a fertilizer. It provides essential potassium and sulfur, promoting plant growth, improving crop yields, and enhancing resistance to diseases. Unlike potassium chloride, SOP has low chloride content, making it ideal for chloride-sensitive crops like tobacco, potatoes, and fruits. It is also used in industrial applications, including glass manufacturing, pharmaceuticals, and laboratory reagents.

According to the India Brand Equity Foundation (IBEF), the domestic export in FY20 were US$35.09 billion and is expected to over US$ 41.25 billion by FY21.

Market Dynamics:

Driver:

Growing Population & Food Demand

The growing worldwide population and rising food demand are driving the potassium sulfate (SOP) industry, as farmers look for high-efficiency fertilizers to boost crop yields. For crops including fruits, vegetables, and tobacco that are sensitive to chloride and are in greater demand as a result of shifting eating habits, SOP is recommended. SOP implementation is further increased by expanding agricultural activity, especially in arid locations. The demand for premium fertilizers to maximize soil health and sustainable agricultural methods further support the market's consistent expansion.

Restraint:

High Production Costs

High production costs in the potassium sulfate market hinder profitability and limit market growth. The increased expenses associated with raw materials, energy consumption, and labor significantly impact the pricing structure, making potassium sulfate more expensive for manufacturers and consumers. This leads to reduced demand, especially in price-sensitive regions, and forces companies to explore cost-cutting measures or seek alternative production methods, affecting overall market stability and growth.

Opportunity:

Increasing Greenhouse & Organic Farming

The growing adoption of greenhouse and organic farming is driving demand for potassium sulfate (SOP) due to its chloride-free nature, which is essential for high-value, chloride-sensitive crops like fruits, vegetables, and nuts. Organic farming relies on SOP to enhance soil fertility and plant health while meeting sustainability standards. Additionally, greenhouse farming requires precise nutrient management, further boosting SOP demand. As global trends shift toward sustainable agriculture, the potassium sulfate market is expected to expand significantly in response to these practices.

Threat:

Limited Raw Material Availability

Limited raw material availability significantly hinders the potassium sulfate market by increasing production costs and restricting supply. Dependence on scarce resources like potassium chloride and sulfate sources leads to price volatility. Supply chain disruptions and geopolitical factors further exacerbate shortages. This constraint limits manufacturers' ability to meet growing agricultural and industrial demand, potentially slowing market expansion and forcing reliance on alternative fertilizers or imports, impacting overall market stability.

Covid-19 Impact

The COVID-19 pandemic disrupted the Potassium Sulfate Market through supply chain disruptions, labor shortages, and transportation restrictions, leading to fluctuating raw material availability and prices. However, demand remained stable due to its essential role in agriculture, particularly in food production. The crisis also accelerated shifts toward sustainable farming practices, boosting long-term market prospects despite short-term logistical challenges and economic uncertainties.

The agriculture segment is expected to account for the largest market share during the forecast period

The agriculture segment is expected to account for the largest market share during the forecast period, as it is widely used as a premium fertilizer for chloride-sensitive crops like fruits, vegetables, and tobacco. Rising global food demand, soil nutrient depletion, and the shift toward high-value crops fuel SOP adoption. Additionally, organic and sustainable farming trends boost its demand due to its eco-friendly nature. Increased greenhouse farming and precision agriculture further accelerate market growth, making agriculture the dominant sector influencing SOP consumption.

The cosmetics segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the cosmetics segment is predicted to witness the highest growth rate, due to its increasing use in skincare and personal care formulations. As a key ingredient in facial cleansers, shampoos, and bath products, potassium sulfate acts as a pH adjuster and emulsifier, enhancing product stability and effectiveness. Rising consumer demand for premium and organic cosmetics further boosts its market growth. Additionally, the expanding beauty industry, particularly in Asia-Pacific and North America, accelerates potassium sulfate consumption, strengthening its role in the global market.

Region with largest share:

During the forecast period, Asia Pacific region is expected to hold the largest market share, due to increasing demand in agriculture, fertilizers, and industrial applications. Rising population and food security concerns boost the use of potassium sulfate as a chloride-free fertilizer for high-value crops. Expanding pharmaceutical and glass industries further fuel demand. Additionally, government initiatives supporting sustainable farming and soil health drive market growth. China and India lead the region, benefiting from technological advancements and strong agricultural sectors, making Asia-Pacific a key growth hub for potassium sulfate.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, owing to the need for fertilizers devoid of chloride in high-value crops including nuts, fruits, and vegetables. The market is growing as a result of growing worries about food security, greater organic farming, and growing knowledge of soil health. Demand is also influenced by industrial uses in cosmetics and pharmaceuticals. Furthermore, technological developments in the manufacture of sulfate of potash (SOP) and government programs supporting sustainable agriculture are facilitating market expansion throughout the region.

Key players in the market

Some of the key players profiled in the Potassium Sulfate Market include BASF SE, Anellotech, Arkema Group, Borealis, Braskem, Cabot Corporation, Celanese Corporation, Chevron Phillips Chemical Company LLC, China Petroleum & Chemical Corporation, Dow Chemical, Exxon Mobil Corporation, Honeywell, Huntsman Corporation, JFE Chemical Corporation, LyondellBasell Industries Holdings BV, Marathon Petroleum Company, Mitsubishi Chemical Corporation, Reliance Industries Limited, SABIC and Shell PLC.

Key Developments:

In January 2025, BASF's Coatings division has formed a strategic partnership with BMW Group, selecting BASF's premium refinish brands, Glasurit and R-M, as preferred choices for BMW's aftersales network in over 50 markets lacking BMW's private label.

In January 2025, BASF's newly developed flame retardant (FR) grade of Ultramid T6000 polyphthalamide (PPA) is now used in terminal block application. This upgraded solution replaces non-FR material, enhancing safety for the inverter and motor system in electric vehicles (EVs).

In October 2024, BASF made a strategic partnership with Aspen Aerogels to enhance its aerogel product offerings and expand its market reach. This partnership is set to drive innovation in aerogel technologies, particularly in high-performance insulation materials.

Forms Covered:

• Granular
• Powder
• Liquid

Distribution Channels Covered:

• Direct Sales
• Retailers/Distributors

Applications Covered:

• Fertilizers
• Animal Feed
• Cosmetics
• Food & Beverages
• Other Applications

End Users Covered:

• Agriculture
• Industrial
• Pharmaceutical
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Potassium Sulfate Market, By Form

• 5.1 Introduction
• 5.2 Granular
• 5.3 Powder
• 5.4 Liquid

6 Global Potassium Sulfate Market, By Distribution Channel

• 6.1 Introduction
• 6.2 Direct Sales
• 6.3 Retailers/Distributors

7 Global Potassium Sulfate Market, By Application

• 7.1 Introduction
• 7.2 Fertilizers
• 7.3 Animal Feed
• 7.4 Cosmetics
• 7.5 Food & Beverages
• 7.6 Other Applications

8 Global Potassium Sulfate Market, By End User

• 8.1 Introduction
• 8.2 Agriculture
• 8.3 Industrial
• 8.4 Pharmaceutical
• 8.5 Other End Users

9 Global Potassium Sulfate Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 BASF SE
• 11.2 Anellotech
• 11.3 Arkema Group
• 11.4 Borealis
• 11.5 Braskem
• 11.6 Cabot Corporation
• 11.7 Celanese Corporation
• 11.8 Chevron Phillips Chemical Company LLC
• 11.9 China Petroleum & Chemical Corporation
• 11.10 Dow Chemical
• 11.11 Exxon Mobil Corporation
• 11.12 Honeywell
• 11.13 Huntsman Corporation
• 11.14 JFE Chemical Corporation
• 11.15 LyondellBasell Industries Holdings BV
• 11.16 Marathon Petroleum Company
• 11.17 Mitsubishi Chemical Corporation
• 11.18 Reliance Industries Limited
• 11.19 SABIC
• 11.20 Shell PLC