Market Overview:
The global electronic grade potassium nitrate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for phone displays, tablets, and other electronic devices. In addition, the growing demand for potassium nitrate in the agricultural sector is also contributing to the growth of this market.
Product Definition:
An Electronic Grade Potassium Nitrate is a potassium salt that is used in the production of electronic devices. It is important because it helps to improve the performance and life of these devices.
≧99.99%:
Potassium nitrate is a chemical compound, which has the formula KNO3. It is a salt formed from nitric acid and potassium chloride. The color of the solution varies between pale yellow to bright orange depending on the concentration and temperature.
99.99% is a term used for purity of potassium nitrate. It means that the product contains no other ingredients apart from potassium nitrate itself which is usually represented in terms of weight percentage or volume percentage. The purest form of KNO3 usually has a color similar to dull grey powder and has an odor similar to strong vinegar which can be removed by proper drying techniques and storage conditions.
Application Insights:
The other application segment includes the manufacturing of fertilizers and explosives. The demand for potassium nitrate in the fertilizer industry is expected to witness a CAGR of XX% from 2018 to 2030 owing to its use as a component in various nitrogen-based fertilizers, such as ammonium nitrate and urea-based products. It is also used in several plant foods, soil enhancers, and lawn care products across the globe.
Potassium nitrate is widely utilized as an explosive ingredient for quarrying purposes, mining activities and civil works projects including road construction across several industries such as oil & gas (Petroleum), metal & mining (Mining), chemical (Chemical) among others globally. In addition; it finds applications in numerous other end-use industries including food processing plants/factories (Food), military facilities/departments etc.
Regional Analysis:
North America was the second-largest regional market for electronic grade potassium nitrate with a revenue share of over 15% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand from various end-use industries, such as consumer electronics and mobile phones. In North America, U.S., is one of the major consumers of e-grade KNO3 due to easy availability of raw materials and low cost compared to other sources such as rare earth elements (REE) or minerals mined from deep mines which are more expensive than surface mines.
The Asia Pacific emerged as the largest consumer in 2017 owing to high production levels coupled with rising demand for electronic products especially in China, India, Japan.
Growth Factors:
- Increasing demand for fertilizers in agriculture sector
- Growing population and their demand for food
- Rising awareness about the benefits of potassium nitrate fertilizer among farmers
- Technological advancements in agriculture sector
- Government initiatives to promote the use of potassium nitrate fertilizer
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Grade Potassium Nitrate Market Research Report
By Type
≧99.99%, <99.99%
By Application
Phone Display, Tablet, Other
By Companies
Otsuka, CHUNBO, HAIFA Chemicals
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Grade Potassium Nitrate Market Report Segments:
The global Electronic Grade Potassium Nitrate market is segmented on the basis of:
Types
≧99.99%, <99.99%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Phone Display, Tablet, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Otsuka
- CHUNBO
- HAIFA Chemicals
Highlights of The Electronic Grade Potassium Nitrate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- ≧99.99%
- <99.99%
- By Application:
- Phone Display
- Tablet
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electronic Grade Potassium Nitrate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electronic Grade Potassium Nitrate is a white crystalline powder that is used as a fertilizer. It is made from potassium nitrate and other ingredients, and it has a high nitrogen content.
Some of the major companies in the electronic grade potassium nitrate market are Otsuka, CHUNBO, HAIFA Chemicals.
The electronic grade potassium nitrate market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electronic Grade Potassium Nitrate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electronic Grade Potassium Nitrate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electronic Grade Potassium Nitrate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electronic Grade Potassium Nitrate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electronic Grade Potassium Nitrate Market Size & Forecast, 2018-2028
4.5.1 Electronic Grade Potassium Nitrate Market Size and Y-o-Y Growth
4.5.2 Electronic Grade Potassium Nitrate Market Absolute $ Opportunity
Chapter 5 Global Electronic Grade Potassium Nitrate Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electronic Grade Potassium Nitrate Market Size Forecast by Type
5.2.1 ≧99.99%
5.2.2 <99.99%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electronic Grade Potassium Nitrate Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electronic Grade Potassium Nitrate Market Size Forecast by Applications
6.2.1 Phone Display
6.2.2 Tablet
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electronic Grade Potassium Nitrate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electronic Grade Potassium Nitrate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electronic Grade Potassium Nitrate Analysis and Forecast
9.1 Introduction
9.2 North America Electronic Grade Potassium Nitrate Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electronic Grade Potassium Nitrate Market Size Forecast by Type
9.6.1 ≧99.99%
9.6.2 <99.99%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electronic Grade Potassium Nitrate Market Size Forecast by Applications
9.10.1 Phone Display
9.10.2 Tablet
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electronic Grade Potassium Nitrate Analysis and Forecast
10.1 Introduction
10.2 Europe Electronic Grade Potassium Nitrate Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electronic Grade Potassium Nitrate Market Size Forecast by Type
10.6.1 ≧99.99%
10.6.2 <99.99%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electronic Grade Potassium Nitrate Market Size Forecast by Applications
10.10.1 Phone Display
10.10.2 Tablet
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electronic Grade Potassium Nitrate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electronic Grade Potassium Nitrate Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electronic Grade Potassium Nitrate Market Size Forecast by Type
11.6.1 ≧99.99%
11.6.2 <99.99%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electronic Grade Potassium Nitrate Market Size Forecast by Applications
11.10.1 Phone Display
11.10.2 Tablet
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electronic Grade Potassium Nitrate Analysis and Forecast
12.1 Introduction
12.2 Latin America Electronic Grade Potassium Nitrate Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electronic Grade Potassium Nitrate Market Size Forecast by Type
12.6.1 ≧99.99%
12.6.2 <99.99%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electronic Grade Potassium Nitrate Market Size Forecast by Applications
12.10.1 Phone Display
12.10.2 Tablet
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electronic Grade Potassium Nitrate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electronic Grade Potassium Nitrate Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electronic Grade Potassium Nitrate Market Size Forecast by Type
13.6.1 ≧99.99%
13.6.2 <99.99%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electronic Grade Potassium Nitrate Market Size Forecast by Applications
13.10.1 Phone Display
13.10.2 Tablet
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electronic Grade Potassium Nitrate Market: Competitive Dashboard
14.2 Global Electronic Grade Potassium Nitrate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Otsuka
14.3.2 CHUNBO
14.3.3 HAIFA Chemicals
