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Potassium Derivatives Market to Witness an Outstanding Growth by 2027

Potassium Derivatives Market to Witness an Outstanding Growth by 2027<br>

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Potassium Derivatives Market to Witness an Outstanding Growth by 2027

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  1. ©2019 Transparency Market Research, All Rights Reserved Potassium Derivatives Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2027 ©2019 Transparency Market Research, All Rights Reserved

  2. ©2019 Transparency Market Research, All Rights Reserved About Us Transparency Market Research (TMR) is a market intelligence company, providing North America business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insightfor thousands of decision-makers. Wehavean experienced team of Analysts, Researchers, and Consultants, who useproprietary data sources and various tools and techniques to gather and analyzeinformation. Our business offerings representthelatest and themostreliableinformationindispensableforbusinessestosustaina competitiveedge. Each TMR Syndicated Research report covers a different sector—such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods, and technology. Thesereports providein-depth analysis and deep segmentation to possible micro levels. With a wider scope and stratified research methodology, our syndicated reportsstriveto serveclients and satisfytheir overallresearchrequirement.

  3. ©2019 Transparency Market Research, All Rights Reserved Global Potassium Derivatives Market:Key Highlights The global potassium derivatives market was valued at ~US$ 12 Bn in 2018 and is anticipated to expandata CAGRof ~4% from2019to 2027. The demand for potassium derivatives such as potassium chloride has increased over the last few years.This trend is expected to continue throughoutthe forecast period. Muriate of potash (MOP) is commonly called potassium chloride (KCL). Potassium chloride is largely used as a fertilizer; it is the third-largest crop nutrient group, next to nitrogen and phosphorous. View Report DownloadBrochure ©2019 Transparency Market Research, All Rights Reserved

  4. ©2019 Transparency Market Research, All Rights Reserved Key Drivers of Potassium Derivatives Market • Potassium derivatives are primarily employed in the manufacture of agricultural products such as fertilizers. Potassium derivatives are also employed in a wide range ofnon-agricultural applications, such asthe manufacture ofsoaps, detergents, and pharmaceutical products. • There has been exponential rise in the population in developing countries such as China, India, and Brazil. Significant growth in disposable income has led to improvements in lifestyle of the people. • This, in turn, is anticipated to boost the demand for personal care and household care products such as soaps & toiletries and detergents& cleaners. • Therefore, increase in the consumption ofpotassium derivatives in non-agricultural applications such as the manufacture of soaps & detergents and pharmaceutical products is projected to drive the potassiumderivativesmarket duringthe forecast period

  5. ©2019 Transparency Market Research, All Rights Reserved Investments in Research & Development to Offer Lucrative Opportunities • Investments in research & development for product development are estimated to create lucrative opportunities for the manufacturers of potassiumderivatives. • • Potassium ` derivatives are used in applications such as cleaning agents in wineries. Potassium derivatives are employed to clean the biofilms of bacteria and yeast inside tanks. This is estimated to fuel the demand for the feedstock of potassiumderivatives, i.e. potassiumhydroxide. ©2019 Transparency Market Research, All Rights Reserved

  6. ©2019 Transparency Market Research, All Rights Reserved Leading Players Actively Engage in Joint Ventures and R&D Activities in Potassium Derivatives Market • • • • • Unit Co Ltd Occidental Chemical Corporation Superior Plus Corp Erco Worldwide INC AshtaChemicals. ©2019 Transparency Market Research, All Rights Reserved

  7. ©2019 Transparency Market Research, All Rights Reserved To know more about us, please visit our website: www.transparencymarketresearch.com For sales queries or new topics email us on: sales@transparencymarketresearch.com For other queries contact: Nachiket Ghumare (Senior Business Development Manager) 90 State Street, Albany NY –12207, United States Tel: +1-518-618-1030 Email: nachiket@transparencymarketresearch.com T H A N K Y O U

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