Market Overview:
The global potassium carbonate sesquihydrate market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for potassium carbonate sesquihydrate in various applications such as sorbent and others. Asia Pacific is expected to be the fastest-growing region during the forecast period, followed by Europe and North America.
Product Definition:
Potassium carbonate sesquihydrate is a white, crystalline powder that is soluble in water. It is used as an antacid and in the manufacture of glass, soap, and other potassium compounds.
99% Potassium Carbonate Sesquihydrate:
Potassium carbonate sesquihydrate is a salt that contains an alkali metal (K) and one or more hydrates. The compound has the formula K2CO3H2O. It exists in two forms, namely monohydrate and dihydrate.
99.9% Potassium Carbonate Sesquihydrate:
Potassium carbonate sesquihydrate is a salt that contains an equimolar amount of potassium and sodium, which is used in the production of paints, coatings, and adhesives. It has high solubility in water (up to 8 g/100 mL) and alkaline solubility (up to 40 g/100 mL). The product also displays good thermal stability up to 200°C.
Application Insights:
Sorbent application segment led the global potassium carbonate sesquihydrate market in 2017, accounting for over 60% of the overall revenue share. The growing demand for potassium carbonate sesquihydrate as aabsorbing material in water treatment plants is expected to drive the product demand in this application segment over the forecast period.
The other applications include chemical intermediates and matchsticks manufacturing. The matchstick manufacturing industry requires large quantities of wood pulp, which is used as a raw material to produce cellulose nitrate and cellulose acetate phthalate resins. Cellulose nitrate resins are further utilized to manufacture matches that burn longer and cleaner with less smoke emission than before due to improved combustion efficiency owing to additives such as potassium dichromated tartaric acid esters present in them.
Regional Analysis:
Asia Pacific was the largest regional market for potassium carbonate sesquihydrate in 2017. The region is expected to maintain its dominance over the forecast period owing to rising product demand from major end-use industries, such as paper and pulp, textiles, and construction. In addition, growing industrialization coupled with increasing foreign investments is likely to propel industry growth in APAC over the coming years.
The U.S., China and India are among top five global producers of Potassium Carbonate Sesquihydrate (KHCO3).
Growth Factors:
- Increasing demand from various end-use industries such as food & beverage, pharmaceuticals, and others
- Growing awareness about the benefits of potassium carbonate sesquihydrate among consumers
- Rising investments by key players in research and development to develop new applications for potassium carbonate sesquihydrate
- Expansion of production capacities by key manufacturers to meet the growing demand for potassium carbonate sesquihydrate globally
- Growing popularity of potassium carbonate sesquihydrate as a green and eco-friendly chemical
Scope Of The Report
Report Attributes
Report Details
Report Title
Potassium Carbonate Sesquihydrate (6381-79-9) Market Research Report
By Type
99% Potassium Carbonate Sesquihydrate, 99.9% Potassium Carbonate Sesquihydrate, 99.99% Potassium Carbonate Sesquihydrate, 99.999% Potassium Carbonate Sesquihydrate
By Application
Sorbent, Others
By Companies
Merck KGaA, Thermo Fisher Scientific, Spectrum Chemical, ACMEC biochemical, Oakwood Products, Santa Cruz Biotechnology, American Elements, Flinn Scientific
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
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Potassium Carbonate Sesquihydrate (6381-79-9) Market Report Segments:
The global Potassium Carbonate Sesquihydrate (6381-79-9) market is segmented on the basis of:
Types
99% Potassium Carbonate Sesquihydrate, 99.9% Potassium Carbonate Sesquihydrate, 99.99% Potassium Carbonate Sesquihydrate, 99.999% Potassium Carbonate Sesquihydrate
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
Sorbent, Others
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:
- Merck KGaA
- Thermo Fisher Scientific
- Spectrum Chemical
- ACMEC biochemical
- Oakwood Products
- Santa Cruz Biotechnology
- American Elements
- Flinn Scientific
Highlights of The Potassium Carbonate Sesquihydrate (6381-79-9) 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% Potassium Carbonate Sesquihydrate
- 99.9% Potassium Carbonate Sesquihydrate
- 99.99% Potassium Carbonate Sesquihydrate
- 99.999% Potassium Carbonate Sesquihydrate
- By Application:
- Sorbent
- Others
- 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 Potassium Carbonate Sesquihydrate (6381-79-9) 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?
Potassium carbonate sesquihydrate is a white, crystalline powder that is used as a food additive and in the production of paper. It is also used in the manufacture of other chemicals.
Some of the major players in the potassium carbonate sesquihydrate (6381-79-9) market are Merck KGaA, Thermo Fisher Scientific, Spectrum Chemical, ACMEC biochemical, Oakwood Products, Santa Cruz Biotechnology, American Elements, Flinn Scientific.
The potassium carbonate sesquihydrate (6381-79-9) market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Potassium Carbonate Sesquihydrate (6381-79-9) 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 Potassium Carbonate Sesquihydrate (6381-79-9) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Potassium Carbonate Sesquihydrate (6381-79-9) 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 Potassium Carbonate Sesquihydrate (6381-79-9) 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 Potassium Carbonate Sesquihydrate (6381-79-9) Market Size & Forecast, 2020-2028 4.5.1 Potassium Carbonate Sesquihydrate (6381-79-9) Market Size and Y-o-Y Growth 4.5.2 Potassium Carbonate Sesquihydrate (6381-79-9) Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 99% Potassium Carbonate Sesquihydrate
5.2.2 99.9% Potassium Carbonate Sesquihydrate
5.2.3 99.99% Potassium Carbonate Sesquihydrate
5.2.4 99.999% Potassium Carbonate Sesquihydrate
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Sorbent
6.2.2 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Potassium Carbonate Sesquihydrate (6381-79-9) 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 Potassium Carbonate Sesquihydrate (6381-79-9) 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 99% Potassium Carbonate Sesquihydrate
9.6.2 99.9% Potassium Carbonate Sesquihydrate
9.6.3 99.99% Potassium Carbonate Sesquihydrate
9.6.4 99.999% Potassium Carbonate Sesquihydrate
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 Market Size Forecast by Applications
9.10.1 Sorbent
9.10.2 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 99% Potassium Carbonate Sesquihydrate
10.6.2 99.9% Potassium Carbonate Sesquihydrate
10.6.3 99.99% Potassium Carbonate Sesquihydrate
10.6.4 99.999% Potassium Carbonate Sesquihydrate
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 Market Size Forecast by Applications
10.10.1 Sorbent
10.10.2 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 99% Potassium Carbonate Sesquihydrate
11.6.2 99.9% Potassium Carbonate Sesquihydrate
11.6.3 99.99% Potassium Carbonate Sesquihydrate
11.6.4 99.999% Potassium Carbonate Sesquihydrate
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 Market Size Forecast by Applications
11.10.1 Sorbent
11.10.2 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 99% Potassium Carbonate Sesquihydrate
12.6.2 99.9% Potassium Carbonate Sesquihydrate
12.6.3 99.99% Potassium Carbonate Sesquihydrate
12.6.4 99.999% Potassium Carbonate Sesquihydrate
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 Market Size Forecast by Applications
12.10.1 Sorbent
12.10.2 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 99% Potassium Carbonate Sesquihydrate
13.6.2 99.9% Potassium Carbonate Sesquihydrate
13.6.3 99.99% Potassium Carbonate Sesquihydrate
13.6.4 99.999% Potassium Carbonate Sesquihydrate
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) Market Size Forecast by Applications
13.10.1 Sorbent
13.10.2 Others
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 Potassium Carbonate Sesquihydrate (6381-79-9) Market: Competitive Dashboard
14.2 Global Potassium Carbonate Sesquihydrate (6381-79-9) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Merck KGaA
14.3.2 Thermo Fisher Scientific
14.3.3 Spectrum Chemical
14.3.4 ACMEC biochemical
14.3.5 Oakwood Products
14.3.6 Santa Cruz Biotechnology
14.3.7 American Elements
14.3.8 Flinn Scientific