Market Overview:
Potassium Metabisulphite is a white crystalline powder that is used as a food preservative, antioxidant and bleaching agent. It also finds application in the production of wine and beer, photography and film processing, food preservation, textile bleaching, gold processing and pharmaceuticals. The global potassium metabisulphite market was valued at US$ 927.5 Mn in 2017 and is projected to grow at a CAGR of 3.8% from 2018 to 2030. The global potassium metabisulphite market has been segmented on the basis of type into industrial grade potassium metabisulphite and food grade potassium metabisulphite. The industrial grade segment accounted for the majority share of the global market in 2017 owing to its widespread use across various industries such as winemaking, brewing, textiles etcetera. However, with increasing awareness about the harmful effects of sulphites on human health especially among consumers in developed countries such as Europe and North America; there has been an increase in demand for food grade potassium metabisulfate over industrial grade products over the past few years . This trend is expected to continue during the forecast period 2018-2030 . On account of this ,the food grade segment is projected to register higher CAGR than that of industrialgrade during 2018-2030 .
Product Definition:
A white, crystalline powder used as a food preservative and to inhibit the growth of bacteria and molds. It is also used in winemaking as a stabilizer and to prevent oxidation.
Industrial Grade Potassium Metabisulphite:
Industrial grade potassium metabisulphite is a chemical compound, which is widely used as an additive in the food industry. It has antiseptic properties and can be used to preserve, store and improve the quality of various products including meat, seafood & poultry. Industrial grade potassium metabisulphite also finds its usage in winemaking to prevent oxidation of wine.
Food Grade Potassium Metabisulphite:
Potassium metabisulphite is a chemical compound, which is widely used as an additive in food products such as vegetables and fruits to preserve them from bacterial degradation. It has the ability to react with certain bacteria that can cause food spoilage. The product also helps in increasing the overall quality of freshness by reacting with air pollutants present on fruits and vegetables.
The global demand for potassium metabisulphite was estimated at 5,500 tons in 2016.
Application Insights:
Wine and beer application led the global potassium metabisulphite market with a revenue share of over 30.0% in 2017. The demand for wine is generally high in countries such as Italy, France, Spain, and China where the product is used to prevent oxidation that may cause spoilage of the beverage. Moreover, it also has astringent properties that help maintain the clarity of wine during fermentation which drives its demand worldwide.
The photography and film application segment is expected to register a CAGR around 11% from 2018 to 2030 on account of rising applications in developing countries such as India, Bangladesh, Sri Lanka where KMBT is used for bleach bypassing process due to low cost nature coupled with easy availability at reasonable prices shakes & ladders effect on overall industry growth rate over projected period ¢â‚¬Ëœ2030¢â‚¬°19 (USD 2-3 million).
Regional Analysis:
North America was the largest regional market for potassium metabisulphite in 2017. The region is expected to witness a CAGR of XX% over the forecast period on account of rising demand from several end-use industries, such as textile, food and beverages, pharmaceuticals, and gold processing. In North America, U.S.
In Asia Pacific market for potassium metabisulphite (CAS 16731-55-8) growing rapidly on account of increasing demand from several end use industries such as textile and food & beverage along with rapid growth in developing countries like China.
Growth Factors:
- Increasing demand from food and beverage industry
- Rising awareness about the benefits of potassium metabisulphite among consumers
- Growing use of potassium metabisulphite in winemaking process
- Rising demand for preservatives and antioxidants in food industry
- Technological advancements in production process
Scope Of The Report
Report Attributes
Report Details
Report Title
Potassium Metabisulphite(CAS 16731-55-8) Market Research Report
By Type
Industrial Grade Potassium Metabisulphite, Food Grade Potassium Metabisulphite
By Application
Wine & Beer, Photography and Film, Food, Textile, Gold Processing, Pharmaceuticals
By Companies
Esseco, BASF, Aditya Birla Chemicals, Kodia Company, Imperial Oilfield Chemicals, Jay Dinesh Chemicals, Shalibhadra Group, Triveni Chemicals, Shakti Chemicals, Ultramarines India, Advance Chemical Sales, Ram-Nath & Co., Pat Impex, Shandong Minde Chemical, Zibo Baida Chemica
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
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Potassium Metabisulphite(CAS 16731-55-8) Market Report Segments:
The global Potassium Metabisulphite(CAS 16731-55-8) market is segmented on the basis of:
Types
Industrial Grade Potassium Metabisulphite, Food Grade Potassium Metabisulphite
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
Wine & Beer, Photography and Film, Food, Textile, Gold Processing, Pharmaceuticals
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:
- Esseco
- BASF
- Aditya Birla Chemicals
- Kodia Company
- Imperial Oilfield Chemicals
- Jay Dinesh Chemicals
- Shalibhadra Group
- Triveni Chemicals
- Shakti Chemicals
- Ultramarines India
- Advance Chemical Sales
- Ram-Nath & Co.
- Pat Impex
- Shandong Minde Chemical
- Zibo Baida Chemica
Highlights of The Potassium Metabisulphite(CAS 16731-55-8) 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:
- Industrial Grade Potassium Metabisulphite
- Food Grade Potassium Metabisulphite
- By Application:
- Wine & Beer
- Photography and Film
- Food
- Textile
- Gold Processing
- Pharmaceuticals
- 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 Metabisulphite(CAS 16731-55-8) 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 metabisulphite is a white crystalline powder with a strong odor. It is used as an oxidizer and preservative in food and beverages.
Some of the major players in the potassium metabisulphite(cas 16731-55-8) market are Esseco, BASF, Aditya Birla Chemicals, Kodia Company, Imperial Oilfield Chemicals, Jay Dinesh Chemicals, Shalibhadra Group, Triveni Chemicals, Shakti Chemicals, Ultramarines India, Advance Chemical Sales, Ram-Nath & Co., Pat Impex, Shandong Minde Chemical, Zibo Baida Chemica.
The potassium metabisulphite(cas 16731-55-8) market is expected to register a CAGR of 3.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Potassium Metabisulphite(CAS 16731-55-8) 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 Metabisulphite(CAS 16731-55-8) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Potassium Metabisulphite(CAS 16731-55-8) 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 Metabisulphite(CAS 16731-55-8) 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 Metabisulphite(CAS 16731-55-8) Market Size & Forecast, 2018-2028 4.5.1 Potassium Metabisulphite(CAS 16731-55-8) Market Size and Y-o-Y Growth 4.5.2 Potassium Metabisulphite(CAS 16731-55-8) Market Absolute $ Opportunity
Chapter 5 Global Potassium Metabisulphite(CAS 16731-55-8) 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 Potassium Metabisulphite(CAS 16731-55-8) Market Size Forecast by Type
5.2.1 Industrial Grade Potassium Metabisulphite
5.2.2 Food Grade Potassium Metabisulphite
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Potassium Metabisulphite(CAS 16731-55-8) 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 Potassium Metabisulphite(CAS 16731-55-8) Market Size Forecast by Applications
6.2.1 Wine & Beer
6.2.2 Photography and Film
6.2.3 Food
6.2.4 Textile
6.2.5 Gold Processing
6.2.6 Pharmaceuticals
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Potassium Metabisulphite(CAS 16731-55-8) 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 Metabisulphite(CAS 16731-55-8) 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 Potassium Metabisulphite(CAS 16731-55-8) Analysis and Forecast
9.1 Introduction
9.2 North America Potassium Metabisulphite(CAS 16731-55-8) 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 Potassium Metabisulphite(CAS 16731-55-8) Market Size Forecast by Type
9.6.1 Industrial Grade Potassium Metabisulphite
9.6.2 Food Grade Potassium Metabisulphite
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 Potassium Metabisulphite(CAS 16731-55-8) Market Size Forecast by Applications
9.10.1 Wine & Beer
9.10.2 Photography and Film
9.10.3 Food
9.10.4 Textile
9.10.5 Gold Processing
9.10.6 Pharmaceuticals
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 Potassium Metabisulphite(CAS 16731-55-8) Analysis and Forecast
10.1 Introduction
10.2 Europe Potassium Metabisulphite(CAS 16731-55-8) 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 Potassium Metabisulphite(CAS 16731-55-8) Market Size Forecast by Type
10.6.1 Industrial Grade Potassium Metabisulphite
10.6.2 Food Grade Potassium Metabisulphite
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 Potassium Metabisulphite(CAS 16731-55-8) Market Size Forecast by Applications
10.10.1 Wine & Beer
10.10.2 Photography and Film
10.10.3 Food
10.10.4 Textile
10.10.5 Gold Processing
10.10.6 Pharmaceuticals
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 Potassium Metabisulphite(CAS 16731-55-8) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Potassium Metabisulphite(CAS 16731-55-8) 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 Potassium Metabisulphite(CAS 16731-55-8) Market Size Forecast by Type
11.6.1 Industrial Grade Potassium Metabisulphite
11.6.2 Food Grade Potassium Metabisulphite
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 Potassium Metabisulphite(CAS 16731-55-8) Market Size Forecast by Applications
11.10.1 Wine & Beer
11.10.2 Photography and Film
11.10.3 Food
11.10.4 Textile
11.10.5 Gold Processing
11.10.6 Pharmaceuticals
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 Potassium Metabisulphite(CAS 16731-55-8) Analysis and Forecast
12.1 Introduction
12.2 Latin America Potassium Metabisulphite(CAS 16731-55-8) 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 Potassium Metabisulphite(CAS 16731-55-8) Market Size Forecast by Type
12.6.1 Industrial Grade Potassium Metabisulphite
12.6.2 Food Grade Potassium Metabisulphite
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 Potassium Metabisulphite(CAS 16731-55-8) Market Size Forecast by Applications
12.10.1 Wine & Beer
12.10.2 Photography and Film
12.10.3 Food
12.10.4 Textile
12.10.5 Gold Processing
12.10.6 Pharmaceuticals
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) Potassium Metabisulphite(CAS 16731-55-8) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Potassium Metabisulphite(CAS 16731-55-8) 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) Potassium Metabisulphite(CAS 16731-55-8) Market Size Forecast by Type
13.6.1 Industrial Grade Potassium Metabisulphite
13.6.2 Food Grade Potassium Metabisulphite
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) Potassium Metabisulphite(CAS 16731-55-8) Market Size Forecast by Applications
13.10.1 Wine & Beer
13.10.2 Photography and Film
13.10.3 Food
13.10.4 Textile
13.10.5 Gold Processing
13.10.6 Pharmaceuticals
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 Metabisulphite(CAS 16731-55-8) Market: Competitive Dashboard
14.2 Global Potassium Metabisulphite(CAS 16731-55-8) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Esseco
14.3.2 BASF
14.3.3 Aditya Birla Chemicals
14.3.4 Kodia Company
14.3.5 Imperial Oilfield Chemicals
14.3.6 Jay Dinesh Chemicals
14.3.7 Shalibhadra Group
14.3.8 Triveni Chemicals
14.3.9 Shakti Chemicals
14.3.10 Ultramarines India
14.3.11 Advance Chemical Sales
14.3.12 Ram-Nath & Co.
14.3.13 Pat Impex
14.3.14 Shandong Minde Chemical
14.3.15 Zibo Baida Chemica