Market Overview:
The global potassium thiosulfate 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 thiosulfate from various applications such as agriculture, photographic, paper-making industry, printing and dyeing, pharmaceuticals and others. In terms of type, the fertilizer grade segment is expected to hold a major share of the global potassium thiosulfate market during the forecast period. However, in terms of CAGR, the photographic grade segment is projected to grow at a higher rate than other segments during the forecast period.
Product Definition:
Potassium thiosulfate is a white powder that is used to make photographic film and paper. It helps to improve the quality and clarity of images.
Fertilizer Grade:
Fertilizer grade is a product that contains more than the required quantity of nitrogen, phosphorus and potassium. These products are used in various applications such as food & beverages, animal feed and industrial processes. The global fertilizer market is expected to witness significant growth over the forecast period owing to increasing demand for food by an estimated 1 billion people by 2050.
Photographic Grade:
Photographic grade is the highest quality available in Potassium Thiosulfate market. It is used for commercial purposes such as printing, enlargement, and photo processing. The product has high purity level which can be proved by its clear and bright appearance. Photographic grade products are highly reliable for all types of photography including black & white, color, motion picture films/video tapes recording devices etc.
Application Insights:
The global potassium thiosulfate market is segmented on the basis of application into agriculture, photographic, paper-making industry, printing and dyeing, pharmaceuticals and others. The agricultural application dominated the overall demand in 2017 owing to high usage rates of Potassium Thiosulfate (PTS) in crop production across various regions.
The agricultural use of Potassium Thiosulfate (PTS) includes both surface & ground water applications as well as irrigation purposes. It is commonly used for soil treatment & fertilizers manufacturing purposes by farmers across various countries worldwide including India China Brazil Argentina etc. In recent years due to increasing awareness among farmers regarding advanced techniques such as biochemistry for improving crop yield there has been a surge in demand for chemical products that support plant growth naturally without the need for additional chemicals or pesticides which has resulted in higher consumption globally over recent years especially during harvest time when crops require more nutrients such as nitrogen & phosphorus etc.
Regional Analysis:
Europe was the largest regional market for potassium thiosulfate in 2017, accounting for a share of more than 30.0% owing to the presence of major application industries in countries such as Germany, U.K., France and Italy. The region is expected to dominate the global market over the forecast period on account of increasing demand from end-use industries such as agriculture and pharmaceuticals coupled with rising R&D activities by key companies operating in these sectors.
The Asia Pacific is projected to be one of fastest growing markets for potassium thiosulfate due to rapid industrialization along with supportive government initiatives aimed at improving agricultural productivity across various countries including China, India, Indonesia and Thailand among others will drive product demand over the forecast period. In addition, growth in food processing industry due to increasing population will further fuel product consumption within this region over next eight years (2018 - 2030).
Growth Factors:
- Increasing demand for potassium thiosulfate in various end-use industries such as textiles, pulp and paper, food and beverages, and others
- Growing awareness about the benefits of potassium thiosulfate among consumers
- Rising investments by key players in research and development to develop new applications for potassium thiosulfate
- Expansion of production capacities by key manufacturers to meet the growing demand for potassium thiosulfate globally
- Growing popularity of green chemicals owing to their environmental friendly nature
Scope Of The Report
Report Attributes
Report Details
Report Title
Potassium Thiosulfate Market Research Report
By Type
Fertilizer Grade, Photographic Grade, Industrial Grade, Others
By Application
Agriculture(fertilizer), Photographic, Paper-making Industry, Printing and Dyeing, Pharmaceuticals, Others
By Companies
Mears Fertilizer, Hydrite Chemical, Thatcher Group, Spraygro Liquid Fertilizers, Plant Food Company, Omnia Specialities Australia, Sulphur Chemistry, Candem, TIB Chemicals, Amgrow, Mears Fertilizer, Zibo Great Wall Chemical Factory
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Potassium Thiosulfate Market Report Segments:
The global Potassium Thiosulfate market is segmented on the basis of:
Types
Fertilizer Grade, Photographic Grade, Industrial Grade, Others
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
Agriculture(fertilizer), Photographic, Paper-making Industry, Printing and Dyeing, Pharmaceuticals, 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:
- Mears Fertilizer
- Hydrite Chemical
- Thatcher Group
- Spraygro Liquid Fertilizers
- Plant Food Company
- Omnia Specialities Australia
- Sulphur Chemistry
- Candem
- TIB Chemicals
- Amgrow
- Mears Fertilizer
- Zibo Great Wall Chemical Factory
Highlights of The Potassium Thiosulfate 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:
- Fertilizer Grade
- Photographic Grade
- Industrial Grade
- Others
- By Application:
- Agriculture(fertilizer)
- Photographic
- Paper-making Industry
- Printing and Dyeing
- Pharmaceuticals
- 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 Thiosulfate 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
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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 thiosulfate is a white crystalline powder that is used as a food additive. It helps to prevent spoilage and makes food taste better.
Some of the key players operating in the potassium thiosulfate market are Mears Fertilizer, Hydrite Chemical, Thatcher Group, Spraygro Liquid Fertilizers, Plant Food Company, Omnia Specialities Australia, Sulphur Chemistry, Candem, TIB Chemicals, Amgrow, Mears Fertilizer, Zibo Great Wall Chemical Factory.
The potassium thiosulfate 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 Thiosulfate 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 Thiosulfate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Potassium Thiosulfate 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 Thiosulfate 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 Thiosulfate Market Size & Forecast, 2018-2028
4.5.1 Potassium Thiosulfate Market Size and Y-o-Y Growth
4.5.2 Potassium Thiosulfate Market Absolute $ Opportunity
Chapter 5 Global Potassium Thiosulfate 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 Thiosulfate Market Size Forecast by Type
5.2.1 Fertilizer Grade
5.2.2 Photographic Grade
5.2.3 Industrial Grade
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Potassium Thiosulfate 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 Thiosulfate Market Size Forecast by Applications
6.2.1 Agriculture(fertilizer)
6.2.2 Photographic
6.2.3 Paper-making Industry
6.2.4 Printing and Dyeing
6.2.5 Pharmaceuticals
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Potassium Thiosulfate 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 Thiosulfate 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 Thiosulfate Analysis and Forecast
9.1 Introduction
9.2 North America Potassium Thiosulfate 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 Thiosulfate Market Size Forecast by Type
9.6.1 Fertilizer Grade
9.6.2 Photographic Grade
9.6.3 Industrial Grade
9.6.4 Others
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 Thiosulfate Market Size Forecast by Applications
9.10.1 Agriculture(fertilizer)
9.10.2 Photographic
9.10.3 Paper-making Industry
9.10.4 Printing and Dyeing
9.10.5 Pharmaceuticals
9.10.6 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 Potassium Thiosulfate Analysis and Forecast
10.1 Introduction
10.2 Europe Potassium Thiosulfate 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 Thiosulfate Market Size Forecast by Type
10.6.1 Fertilizer Grade
10.6.2 Photographic Grade
10.6.3 Industrial Grade
10.6.4 Others
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 Thiosulfate Market Size Forecast by Applications
10.10.1 Agriculture(fertilizer)
10.10.2 Photographic
10.10.3 Paper-making Industry
10.10.4 Printing and Dyeing
10.10.5 Pharmaceuticals
10.10.6 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 Potassium Thiosulfate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Potassium Thiosulfate 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 Thiosulfate Market Size Forecast by Type
11.6.1 Fertilizer Grade
11.6.2 Photographic Grade
11.6.3 Industrial Grade
11.6.4 Others
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 Thiosulfate Market Size Forecast by Applications
11.10.1 Agriculture(fertilizer)
11.10.2 Photographic
11.10.3 Paper-making Industry
11.10.4 Printing and Dyeing
11.10.5 Pharmaceuticals
11.10.6 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 Potassium Thiosulfate Analysis and Forecast
12.1 Introduction
12.2 Latin America Potassium Thiosulfate 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 Thiosulfate Market Size Forecast by Type
12.6.1 Fertilizer Grade
12.6.2 Photographic Grade
12.6.3 Industrial Grade
12.6.4 Others
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 Thiosulfate Market Size Forecast by Applications
12.10.1 Agriculture(fertilizer)
12.10.2 Photographic
12.10.3 Paper-making Industry
12.10.4 Printing and Dyeing
12.10.5 Pharmaceuticals
12.10.6 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) Potassium Thiosulfate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Potassium Thiosulfate 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 Thiosulfate Market Size Forecast by Type
13.6.1 Fertilizer Grade
13.6.2 Photographic Grade
13.6.3 Industrial Grade
13.6.4 Others
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 Thiosulfate Market Size Forecast by Applications
13.10.1 Agriculture(fertilizer)
13.10.2 Photographic
13.10.3 Paper-making Industry
13.10.4 Printing and Dyeing
13.10.5 Pharmaceuticals
13.10.6 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 Thiosulfate Market: Competitive Dashboard
14.2 Global Potassium Thiosulfate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mears Fertilizer
14.3.2 Hydrite Chemical
14.3.3 Thatcher Group
14.3.4 Spraygro Liquid Fertilizers
14.3.5 Plant Food Company
14.3.6 Omnia Specialities Australia
14.3.7 Sulphur Chemistry
14.3.8 Candem
14.3.9 TIB Chemicals
14.3.10 Amgrow
14.3.11 Mears Fertilizer
14.3.12 Zibo Great Wall Chemical Factory
