Market Overview:
The global potassium phosphite powder market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for potassium phosphite powder as a fungicide and fertilizer. In addition, the growing demand for potassium phosphite powder in other applications is also contributing to the growth of this market. North America is expected to lead the global potassium phosphite powder market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
Potassium Phosphite Powder is a white, odorless and slightly hygroscopic powder. It is used as a fungicide and bactericide in agricultural applications.
96%min Purity:
96%min Purity is a special grade of Potassium Phosphite Powder which contains 96% min of potassium phosphite. It has the ability to prevent any contamination by other ingredients present in the raw material or feedstock. This special quality makes it suitable for use in various industries such as food & beverage, pharmaceuticals and chemical processing among others.
98%min Purity:
98%min Purity is a special grade of phosphite, which contains no impurities. It has high purity and is used in food & beverage, personal care & cosmetics and other industries. 98%min Purity Potassium Phosphite Powder are widely used as nutritional supplements for poultry, cattle and pigs to enhance their mineral content.
Application Insights:
The potassium phosphite powder is majorly used in the formulation of fertilizers. It is an important nutrient for plant growth and plays a key role in the process of photosynthesis. The other application areas include use as a fungicide, water treatment chemical and others.
Potassium phosphite is used as a fertilizer additive to boost root development, improve soil structure and texture, increase yield potential & crop quality by providing optimum nutrition to plants in the form of nutrients & minerals required for healthy plant growth & development. It also acts as a natural insecticide by killing insects that come into contact with it through their mouth parts or eat it. This makes it suitable for use both indoor and outdoor cultivation owing to its ability to control caterpillar pests without harmful chemicals or pesticides while acting as an effective repellent against aphids, whiteflies etc., which are common garden pests across all regions including North America Europe Asia Pacific Latin America Middle East Africa .
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global consumption, production as well as export. China is one of the largest potassium phosphite powder consumers in this region owing to high product demand from agriculture and gardening sector coupled with rapid industrialization and urbanization.
The growing chemical industry coupled with increasing exports from China has resulted in an increased demand for K2HP powder across various industries such as agrochemicals, pharmaceuticals, food additives & preservatives, etc., thereby driving growth across several regions globally including North America and Europe. In addition, rising awareness regarding organic farming practices along with stringent regulations by EPA are anticipated to further drive product demand over the forecast period.
Growth Factors:
- Increasing demand for potassium phosphite powder in agricultural sector as a fertilizer to improve crop yield and quality.
- Rising awareness about the benefits of potassium phosphite powder among farmers is expected to boost its demand over the forecast period.
- Growing application of potassium phosphite powder in horticulture sector for controlling pests and diseases is projected to fuel its growth during the forecast period.
- Increasing adoption of organic farming practices is anticipated to create new opportunities for the market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Potassium Phosphite Powder Market Research Report
By Type
96%min Purity, 98%min Purity
By Application
Fungicide, Fertilizer, Other
By Companies
Rudong Zhenfeng Yiyang Chemical, Skyliteagrochem
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
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Potassium Phosphite Powder Market Report Segments:
The global Potassium Phosphite Powder market is segmented on the basis of:
Types
96%min Purity, 98%min Purity
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
Fungicide, Fertilizer, 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:
- Rudong Zhenfeng Yiyang Chemical
- Skyliteagrochem
Highlights of The Potassium Phosphite Powder 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:
- 96%min Purity
- 98%min Purity
- By Application:
- Fungicide
- Fertilizer
- 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 Potassium Phosphite Powder 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 phosphite powder is a white, crystalline powder that is used as a food additive. It has the chemical formula KPO4 and is commonly used in baking powders and other food products to help prevent caking.
Some of the major players in the potassium phosphite powder market are Rudong Zhenfeng Yiyang Chemical, Skyliteagrochem.
The potassium phosphite powder 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 Phosphite Powder 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 Phosphite Powder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Potassium Phosphite Powder 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 Phosphite Powder 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 Phosphite Powder Market Size & Forecast, 2020-2028
4.5.1 Potassium Phosphite Powder Market Size and Y-o-Y Growth
4.5.2 Potassium Phosphite Powder 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 96%min Purity
5.2.2 98%min Purity
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 Fungicide
6.2.2 Fertilizer
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Potassium Phosphite Powder 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 Phosphite Powder 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 96%min Purity
9.6.2 98%min Purity
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 Fungicide
9.10.2 Fertilizer
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 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 96%min Purity
10.6.2 98%min Purity
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 Fungicide
10.10.2 Fertilizer
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 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 96%min Purity
11.6.2 98%min Purity
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 Fungicide
11.10.2 Fertilizer
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 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 96%min Purity
12.6.2 98%min Purity
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 Fungicide
12.10.2 Fertilizer
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) 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 96%min Purity
13.6.2 98%min Purity
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 Fungicide
13.10.2 Fertilizer
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 Potassium Phosphite Powder Market: Competitive Dashboard
14.2 Global Potassium Phosphite Powder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Rudong Zhenfeng Yiyang Chemical
14.3.2 Skyliteagrochem
