North America Potassium Sulfate Market Size, Share & Industry Trends Analysis Report By Form, By Purity, By End User, By Country and Growth Forecast, 2023

Description

List of Tables

The North America Potassium Sulfate Market would witness market growth of 4.2% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 1,099.0 Kilo Tonnes, showcasing a growth of 3.0% (2019-2022).

The market stands at the crossroads of agriculture, industry, and innovation, playing a pivotal role in addressing the dynamic needs of these sectors. The compound composed of potassium, sulfur, and oxygen, has diverse applications across agriculture, industrial processes, and pharmaceuticals. This multifaceted compound, often referred to as sulfate of potash (SOP), is renowned for its unique properties, making it a valuable commodity in various industries.

Agriculture is the cornerstone of the chemical's adoption, with the compound serving as a vital component in premium fertilizers. Potassium, one of the essential macronutrients for plants, is critical for numerous physiological processes, ranging from enzyme activation to water uptake and photosynthesis. The adoption of this chemical in agriculture is rooted in its ability to provide potassium without introducing chloride, a characteristic particularly beneficial for chloride-sensitive crops.

As per the U.S Department of Agriculture (USDA), the theme of the 2021 Forum, "Building on Innovation: A Pathway to Resilience," is the alignment of USDA's programs, resources, and research with the Agriculture Innovation Agenda, which aims to achieve a 40 percent increase in U.S. agricultural production and a half reduction in the environmental impact of agriculture by 2050. Moreover, as per the data from the Government of Canada, in 2022, an investment of over $635K in four innovative projects was announced to boost productivity and green infrastructure in the agriculture sector. Thus, growing initiatives for sustainable agriculture and growing crop yields in the North America region will boost the demand.

The US market dominated the North America Potassium Sulfate Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $704.9 million by 2030. The Canada market is experiencing a CAGR of 6.2% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 5.2% during (2023 - 2030).

Based on Form, the market is segmented into Solid, and Liquid. Based on Purity, the market is segmented into Up to 99%, and Greater than 99%. Based on End User, the market is segmented into Agriculture, Industrial, Pharmaceuticals, Food & Beverages, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Yara International ASA, Compass Minerals International, Inc., Halogen, Sesoda Corporation, K+S Aktiengesellschaft, SOCIEDAD QUIMICA Y MINERA DE CHILE S.A, Intrepid Potash Inc., Tessenderlo Group nv and The Mosaic Company

Scope of the Study

Market Segments covered in the Report:

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

Solid
Liquid

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

Up to 99%
Greater than 99%

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

Agriculture
Industrial
Pharmaceuticals
Food & Beverages
Others

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

US
Canada
Mexico
Rest of North America

Companies Profiled

Yara International ASA
Compass Minerals International, Inc.
Halogen
Sesoda Corporation
K+S Aktiengesellschaft
SOCIEDAD QUIMICA Y MINERA DE CHILE S.A
Intrepid Potash Inc.
Tessenderlo Group nv
The Mosaic Company

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Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Potassium Sulfate Market, by Form
- 1.4.2 North America Potassium Sulfate Market, by Purity
- 1.4.3 North America Potassium Sulfate Market, by End User
- 1.4.4 North America Potassium Sulfate Market, by Country
1.5 Methodology for the research

Chapter 2. Market At a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
3.3 Porter Five Forces Analysis

Chapter 4. North America Potassium Sulfate Market, By Form

4.1 North America Solid Market, By Country
4.2 North America Liquid Market, By Country

Chapter 5. North America Potassium Sulfate Market, By Purity

5.1 North America Up to 99% Market, By Country
5.2 North America Greater than 99% Market, By Country

Chapter 6. North America Potassium Sulfate Market, By End User

6.1 North America Agriculture Market, By Country
6.2 North America Industrial Market, By Country
6.3 North America Pharmaceuticals Market, By Country
6.4 North America Food & Beverages Market, By Country
6.5 North America Others Market, By Country

Chapter 7. North America Potassium Sulfate Market, By Country

7.1 US Potassium Sulfate Market
- 7.1.1 US Potassium Sulfate Market, By Form
- 7.1.2 US Potassium Sulfate Market, By Purity
- 7.1.3 US Potassium Sulfate Market, By End User
7.2 Canada Potassium Sulfate Market
- 7.2.1 Canada Potassium Sulfate Market, By Form
- 7.2.2 Canada Potassium Sulfate Market, By Purity
- 7.2.3 Canada Potassium Sulfate Market, By End User
7.3 Mexico Potassium Sulfate Market
- 7.3.1 Mexico Potassium Sulfate Market, By Form
- 7.3.2 Mexico Potassium Sulfate Market, By Purity
- 7.3.3 Mexico Potassium Sulfate Market, By End User
7.4 Rest of North America Potassium Sulfate Market
- 7.4.1 Rest of North America Potassium Sulfate Market, By Form
- 7.4.2 Rest of North America Potassium Sulfate Market, By Purity
- 7.4.3 Rest of North America Potassium Sulfate Market, By End User

Chapter 8. Company Profiles

8.1 Sesoda Corporation
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
8.2 Sociedad Quimica Y Minera De Chile S.A
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental and Regional Analysis
8.3 Halogen
- 8.3.1 Company Overview
8.4 Yara International ASA
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental and Regional Analysis
- 8.4.4 Research & Development Expenses
8.5 The Mosaic Company
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental and Regional Analysis
- 8.5.4 SWOT Analysis
8.6 Compass Minerals International, Inc.
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental and Regional Analysis
- 8.6.4 SWOT Analysis
8.7 K+S Aktiengesellschaft
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Regional Analysis
- 8.7.4 Research & Development Expenses
- 8.7.5 Recent strategies and developments:
  - 8.7.5.1 Partnerships, Collaborations, and Agreements:
8.8 Intrepid Potash Inc.
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental Analysis
- 8.8.4 SWOT Analysis
8.9 Tessenderlo Group nv
- 8.9.1 Company Overview
- 8.9.2 Financial Analysis
- 8.9.3 Segmental and Regional Analysis
- 8.9.4 Research & Development Expenses
- 8.9.5 SWOT Analysis

LIST OF TABLES

TABLE 1 North America Potassium Sulfate Market, 2019 - 2022, USD Million
TABLE 2 North America Potassium Sulfate Market, 2023 - 2030, USD Million
TABLE 3 North America Potassium Sulfate Market, 2019 - 2022, Kilo Tonnes
TABLE 4 North America Potassium Sulfate Market, 2023 - 2030, Kilo Tonnes
TABLE 5 North America Potassium Sulfate Market, By Form, 2019 - 2022, USD Million
TABLE 6 North America Potassium Sulfate Market, By Form, 2023 - 2030, USD Million
TABLE 7 North America Potassium Sulfate Market, By Form, 2019 - 2022, Kilo Tonnes
TABLE 8 North America Potassium Sulfate Market, By Form, 2023 - 2030, Kilo Tonnes
TABLE 9 North America Solid Market, By Country, 2019 - 2022, USD Million
TABLE 10 North America Solid Market, By Country, 2023 - 2030, USD Million
TABLE 11 North America Solid Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 12 North America Solid Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 13 North America Liquid Market, By Country, 2019 - 2022, USD Million
TABLE 14 North America Liquid Market, By Country, 2023 - 2030, USD Million
TABLE 15 North America Liquid Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 16 North America Liquid Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 17 North America Potassium Sulfate Market, By Purity, 2019 - 2022, USD Million
TABLE 18 North America Potassium Sulfate Market, By Purity, 2023 - 2030, USD Million
TABLE 19 North America Potassium Sulfate Market, By Purity, 2019 - 2022, Kilo Tonnes
TABLE 20 North America Potassium Sulfate Market, By Purity, 2023 - 2030, Kilo Tonnes
TABLE 21 North America Up to 99% Market, By Country, 2019 - 2022, USD Million
TABLE 22 North America Up to 99% Market, By Country, 2023 - 2030, USD Million
TABLE 23 North America Up to 99% Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 24 North America Up to 99% Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 25 North America Greater than 99% Market, By Country, 2019 - 2022, USD Million
TABLE 26 North America Greater than 99% Market, By Country, 2023 - 2030, USD Million
TABLE 27 North America Greater than 99% Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 28 North America Greater than 99% Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 29 North America Potassium Sulfate Market, By End User, 2019 - 2022, USD Million
TABLE 30 North America Potassium Sulfate Market, By End User, 2023 - 2030, USD Million
TABLE 31 North America Potassium Sulfate Market, By End User, 2019 - 2022, Kilo Tonnes
TABLE 32 North America Potassium Sulfate Market, By End User, 2023 - 2030, Kilo Tonnes
TABLE 33 North America Agriculture Market, By Country, 2019 - 2022, USD Million
TABLE 34 North America Agriculture Market, By Country, 2023 - 2030, USD Million
TABLE 35 North America Agriculture Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 36 North America Agriculture Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 37 North America Industrial Market, By Country, 2019 - 2022, USD Million
TABLE 38 North America Industrial Market, By Country, 2023 - 2030, USD Million
TABLE 39 North America Industrial Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 40 North America Industrial Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 41 North America Pharmaceuticals Market, By Country, 2019 - 2022, USD Million
TABLE 42 North America Pharmaceuticals Market, By Country, 2023 - 2030, USD Million
TABLE 43 North America Pharmaceuticals Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 44 North America Pharmaceuticals Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 45 North America Food & Beverages Market, By Country, 2019 - 2022, USD Million
TABLE 46 North America Food & Beverages Market, By Country, 2023 - 2030, USD Million
TABLE 47 North America Food & Beverages Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 48 North America Food & Beverages Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 49 North America Others Market, By Country, 2019 - 2022, USD Million
TABLE 50 North America Others Market, By Country, 2023 - 2030, USD Million
TABLE 51 North America Others Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 52 North America Others Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 53 North America Potassium Sulfate Market, By Country, 2019 - 2022, USD Million
TABLE 54 North America Potassium Sulfate Market, By Country, 2023 - 2030, USD Million
TABLE 55 North America Potassium Sulfate Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 56 North America Potassium Sulfate Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 57 US Potassium Sulfate Market, 2019 - 2022, USD Million
TABLE 58 US Potassium Sulfate Market, 2023 - 2030, USD Million
TABLE 59 US Potassium Sulfate Market, 2019 - 2022, Kilo Tonnes
TABLE 60 US Potassium Sulfate Market, 2023 - 2030, Kilo Tonnes
TABLE 61 US Potassium Sulfate Market, By Form, 2019 - 2022, USD Million
TABLE 62 US Potassium Sulfate Market, By Form, 2023 - 2030, USD Million
TABLE 63 US Potassium Sulfate Market, By Form, 2019 - 2022, Kilo Tonnes
TABLE 64 US Potassium Sulfate Market, By Form, 2023 - 2030, Kilo Tonnes
TABLE 65 US Potassium Sulfate Market, By Purity, 2019 - 2022, USD Million
TABLE 66 US Potassium Sulfate Market, By Purity, 2023 - 2030, USD Million
TABLE 67 US Potassium Sulfate Market, By Purity, 2019 - 2022, Kilo Tonnes
TABLE 68 US Potassium Sulfate Market, By Purity, 2023 - 2030, Kilo Tonnes
TABLE 69 US Potassium Sulfate Market, By End User, 2019 - 2022, USD Million
TABLE 70 US Potassium Sulfate Market, By End User, 2023 - 2030, USD Million
TABLE 71 US Potassium Sulfate Market, By End User, 2019 - 2022, Kilo Tonnes
TABLE 72 US Potassium Sulfate Market, By End User, 2023 - 2030, Kilo Tonnes
TABLE 73 Canada Potassium Sulfate Market, 2019 - 2022, USD Million
TABLE 74 Canada Potassium Sulfate Market, 2023 - 2030, USD Million
TABLE 75 Canada Potassium Sulfate Market, 2019 - 2022, Kilo Tonnes
TABLE 76 Canada Potassium Sulfate Market, 2023 - 2030, Kilo Tonnes
TABLE 77 Canada Potassium Sulfate Market, By Form, 2019 - 2022, USD Million
TABLE 78 Canada Potassium Sulfate Market, By Form, 2023 - 2030, USD Million
TABLE 79 Canada Potassium Sulfate Market, By Form, 2019 - 2022, Kilo Tonnes
TABLE 80 Canada Potassium Sulfate Market, By Form, 2023 - 2030, Kilo Tonnes
TABLE 81 Canada Potassium Sulfate Market, By Purity, 2019 - 2022, USD Million
TABLE 82 Canada Potassium Sulfate Market, By Purity, 2023 - 2030, USD Million
TABLE 83 Canada Potassium Sulfate Market, By Purity, 2019 - 2022, Kilo Tonnes
TABLE 84 Canada Potassium Sulfate Market, By Purity, 2023 - 2030, Kilo Tonnes
TABLE 85 Canada Potassium Sulfate Market, By End User, 2019 - 2022, USD Million
TABLE 86 Canada Potassium Sulfate Market, By End User, 2023 - 2030, USD Million
TABLE 87 Canada Potassium Sulfate Market, By End User, 2019 - 2022, Kilo Tonnes
TABLE 88 Canada Potassium Sulfate Market, By End User, 2023 - 2030, Kilo Tonnes
TABLE 89 Mexico Potassium Sulfate Market, 2019 - 2022, USD Million
TABLE 90 Mexico Potassium Sulfate Market, 2023 - 2030, USD Million
TABLE 91 Mexico Potassium Sulfate Market, 2019 - 2022, Kilo Tonnes
TABLE 92 Mexico Potassium Sulfate Market, 2023 - 2030, Kilo Tonnes
TABLE 93 Mexico Potassium Sulfate Market, By Form, 2019 - 2022, USD Million
TABLE 94 Mexico Potassium Sulfate Market, By Form, 2023 - 2030, USD Million
TABLE 95 Mexico Potassium Sulfate Market, By Form, 2019 - 2022, Kilo Tonnes
TABLE 96 Mexico Potassium Sulfate Market, By Form, 2023 - 2030, Kilo Tonnes
TABLE 97 Mexico Potassium Sulfate Market, By Purity, 2019 - 2022, USD Million
TABLE 98 Mexico Potassium Sulfate Market, By Purity, 2023 - 2030, USD Million
TABLE 99 Mexico Potassium Sulfate Market, By Purity, 2019 - 2022, Kilo Tonnes
TABLE 100 Mexico Potassium Sulfate Market, By Purity, 2023 - 2030, Kilo Tonnes
TABLE 101 Mexico Potassium Sulfate Market, By End User, 2019 - 2022, USD Million
TABLE 102 Mexico Potassium Sulfate Market, By End User, 2023 - 2030, USD Million
TABLE 103 Mexico Potassium Sulfate Market, By End User, 2019 - 2022, Kilo Tonnes
TABLE 104 Mexico Potassium Sulfate Market, By End User, 2023 - 2030, Kilo Tonnes
TABLE 105 Rest of North America Potassium Sulfate Market, 2019 - 2022, USD Million
TABLE 106 Rest of North America Potassium Sulfate Market, 2023 - 2030, USD Million
TABLE 107 Rest of North America Potassium Sulfate Market, 2019 - 2022, Kilo Tonnes
TABLE 108 Rest of North America Potassium Sulfate Market, 2023 - 2030, Kilo Tonnes
TABLE 109 Rest of North America Potassium Sulfate Market, By Form, 2019 - 2022, USD Million
TABLE 110 Rest of North America Potassium Sulfate Market, By Form, 2023 - 2030, USD Million
TABLE 111 Rest of North America Potassium Sulfate Market, By Form, 2019 - 2022, Kilo Tonnes
TABLE 112 Rest of North America Potassium Sulfate Market, By Form, 2023 - 2030, Kilo Tonnes
TABLE 113 Rest of North America Potassium Sulfate Market, By Purity, 2019 - 2022, USD Million
TABLE 114 Rest of North America Potassium Sulfate Market, By Purity, 2023 - 2030, USD Million
TABLE 115 Rest of North America Potassium Sulfate Market, By Purity, 2019 - 2022, Kilo Tonnes
TABLE 116 Rest of North America Potassium Sulfate Market, By Purity, 2023 - 2030, Kilo Tonnes
TABLE 117 Rest of North America Potassium Sulfate Market, By End User, 2019 - 2022, USD Million
TABLE 118 Rest of North America Potassium Sulfate Market, By End User, 2023 - 2030, USD Million
TABLE 119 Rest of North America Potassium Sulfate Market, By End User, 2019 - 2022, Kilo Tonnes
TABLE 120 Rest of North America Potassium Sulfate Market, By End User, 2023 - 2030, Kilo Tonnes
TABLE 121 Key Information - Sesoda Corporation
TABLE 122 Key Information - Sociedad Quimica Y Minera De Chile S.A
TABLE 123 Key Information - Halogen
TABLE 124 Key Information - Yara International ASA
TABLE 125 Key Information - The Mosaic Company
TABLE 126 Key Information - Compass Minerals International, Inc.
TABLE 127 Key Information - K+S Aktiengesellschaft
TABLE 128 Key Information - Intrepid Potash Inc.
TABLE 129 Key Information - Tessenderlo Group nv

North America Potassium Sulfate Market Size, Share & Industry Trends Analysis Report By Form, By Purity, By End User, By Country and Growth Forecast, 2023 - 2030