Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Potassium Acetate Market by Type (Food Grade, Pharmaceutical Grade, Industrial Grade), By Application (Industrial, Pharma & Food, Deicing, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Potassium Acetate Market by Type (Food Grade, Pharmaceutical Grade, Industrial Grade), By Application (Industrial, Pharma & Food, Deicing, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 143373 3300 Chemical & Material 377 242 Pages 4.8 (38)
                                          

Market Overview:


The global potassium acetate 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 acetate from various applications, such as industrial, pharma & food, deicing and others. In terms of type, the food grade segment is expected to hold a major share of the global potassium acetate market during the forecast period. This can be attributed to its growing demand from various end-use industries such as food and beverage, pharmaceuticals and personal care products.


Global Potassium Acetate Industry Outlook


Product Definition:


A salt of acetic acid and potassium ions. It is a colorless, odorless, crystalline solid that is soluble in water. It is used to make other chemicals and as a food additive.


Food Grade:


Food grade is used in food & beverage industry as a term for products that are intended for human consumption and can be sold directly to consumers or processed further. It includes edible oils, refined sugar, salt, spices and flavoring agents among others.


Potassium acetate is also known as lye potassium or woodsy potash.


Pharmaceutical Grade:


Pharmaceutical grade is used in the potassium acetate market as it is of high quality and purity. It has been processed and handled under controlled conditions to ensure its safety, reliability, accuracy, and potency. Pharmaceutical-grade products are manufactured using stringent quality standards to match the exact specifications of the original drug substance.


Application Insights:


The deicing segment led the market and accounted for more than 35.0% share of the global revenue in 2017. The product is widely used as a deicer owing to its high melting point, which makes it effective in clearing ice and snow from roads during winters. It is also used as an agricultural chemical to control insects, mites, aphids, caterpillars and weeds among others by killing them with high concentration of potassium acetate solution.


The industrial application includes manufacturing potassium acetate from wood vinegar or alcoholic drinks such as wine or beer among others using acetic acid as a raw material source.


Regional Analysis:


Asia Pacific was the largest market for potassium acetate in 2016 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global production owing to availability of raw materials, cheap labor, and efficient manufacturing methods. China is one of the leading producers as well as consumers of potassium acetate globally. It has been observed that about 80% to 90% products consumed in China are manufactured from Chinese sources.


China’s rapid urbanization coupled with increasing industrial output has led to increased consumption in deicing applications across various regions including North America and Europe which are anticipated to drive demand over the forecast period.


North America emerged as a significant consumer due to presence of numerous pharmaceutical companies involved in R&D activities related towards drug discovery process using potassium acetate derivatives as key reagents thus positively influencing market growth over the projected period.


Growth Factors:


  • Increasing demand from the food and beverage industry as a preservative and flavor enhancer
  • Growing popularity of potassium acetate as a non-toxic, environmentally friendly alternative to other preservatives
  • Rising demand for potassium acetate in personal care products for its skin conditioning properties
  • Increasing use of potassium acetate in pharmaceuticals and medical applications
  • Growing awareness about the benefits of potassium acetate among consumers

Scope Of The Report

Report Attributes

Report Details

Report Title

Potassium Acetate Market Research Report

By Type

Food Grade, Pharmaceutical Grade, Industrial Grade

By Application

Industrial, Pharma & Food, Deicing, Others

By Companies

Niacet, Clariant, Cryotech, Hawkins, Nachurs Alpine Solutions, Evonik, Daito Chemical, Lancashire Chemicals, Askhay, Baltic Enterprise, Jiangsu Kolod Food, Wuxi Yangshan Biochemical, Wuxi Unisen, Tenglong, Shanxi Zhaoyi Chemical, Shijiazhuang Haosheng, Jiangxi Shuangjia, Langfang Tianke, Xianju Fusheng

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

242

Number of Tables & Figures

170

Customization Available

Yes, the report can be customized as per your need.


Global Potassium Acetate Market Report Segments:

The global Potassium Acetate market is segmented on the basis of:

Types

Food Grade, Pharmaceutical Grade, Industrial Grade

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

Industrial, Pharma & Food, Deicing, 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:

  1. Niacet
  2. Clariant
  3. Cryotech
  4. Hawkins
  5. Nachurs Alpine Solutions
  6. Evonik
  7. Daito Chemical
  8. Lancashire Chemicals
  9. Askhay
  10. Baltic Enterprise
  11. Jiangsu Kolod Food
  12. Wuxi Yangshan Biochemical
  13. Wuxi Unisen
  14. Tenglong
  15. Shanxi Zhaoyi Chemical
  16. Shijiazhuang Haosheng
  17. Jiangxi Shuangjia
  18. Langfang Tianke
  19. Xianju Fusheng

Global Potassium Acetate Market Overview


Highlights of The Potassium Acetate Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Food Grade
    2. Pharmaceutical Grade
    3. Industrial Grade
  1. By Application:

    1. Industrial
    2. Pharma & Food
    3. Deicing
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Potassium Acetate 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

Global Potassium Acetate Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Potassium acetate is a white crystalline salt with the chemical formula KAcO3. It is used as a food additive and in cosmetics.

Some of the major players in the potassium acetate market are Niacet, Clariant, Cryotech, Hawkins, Nachurs Alpine Solutions, Evonik, Daito Chemical, Lancashire Chemicals, Askhay, Baltic Enterprise, Jiangsu Kolod Food, Wuxi Yangshan Biochemical, Wuxi Unisen, Tenglong, Shanxi Zhaoyi Chemical, Shijiazhuang Haosheng, Jiangxi Shuangjia, Langfang Tianke, Xianju Fusheng.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Potassium Acetate Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Potassium Acetate Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Potassium Acetate Market - Supply Chain
   4.5. Global Potassium Acetate Market Forecast
      4.5.1. Potassium Acetate Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Potassium Acetate Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Potassium Acetate Market Absolute $ Opportunity

5. Global Potassium Acetate Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Potassium Acetate Market Size and Volume Forecast by Type
      5.3.1. Food Grade
      5.3.2. Pharmaceutical Grade
      5.3.3. Industrial Grade
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Potassium Acetate Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Potassium Acetate Market Size and Volume Forecast by Application
      6.3.1. Industrial
      6.3.2. Pharma & Food
      6.3.3. Deicing
      6.3.4. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Potassium Acetate Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Potassium Acetate Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Potassium Acetate Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Potassium Acetate Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Potassium Acetate Demand Share Forecast, 2019-2026

9. North America Potassium Acetate Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Potassium Acetate Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Potassium Acetate Market Size and Volume Forecast by Application
      9.4.1. Industrial
      9.4.2. Pharma & Food
      9.4.3. Deicing
      9.4.4. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Potassium Acetate Market Size and Volume Forecast by Type
      9.7.1. Food Grade
      9.7.2. Pharmaceutical Grade
      9.7.3. Industrial Grade
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Potassium Acetate Demand Share Forecast, 2019-2026

10. Latin America Potassium Acetate Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Potassium Acetate Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Potassium Acetate Market Size and Volume Forecast by Application
      10.4.1. Industrial
      10.4.2. Pharma & Food
      10.4.3. Deicing
      10.4.4. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Potassium Acetate Market Size and Volume Forecast by Type
      10.7.1. Food Grade
      10.7.2. Pharmaceutical Grade
      10.7.3. Industrial Grade
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Potassium Acetate Demand Share Forecast, 2019-2026

11. Europe Potassium Acetate Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Potassium Acetate Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Potassium Acetate Market Size and Volume Forecast by Application
      11.4.1. Industrial
      11.4.2. Pharma & Food
      11.4.3. Deicing
      11.4.4. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Potassium Acetate Market Size and Volume Forecast by Type
      11.7.1. Food Grade
      11.7.2. Pharmaceutical Grade
      11.7.3. Industrial Grade
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. MarketAttractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Potassium Acetate Demand Share, 2019-2026

12. Asia Pacific Potassium Acetate Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Potassium Acetate Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Potassium Acetate Market Size and Volume Forecast by Application
      12.4.1. Industrial
      12.4.2. Pharma & Food
      12.4.3. Deicing
      12.4.4. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Potassium Acetate Market Size and Volume Forecast by Type
      12.7.1. Food Grade
      12.7.2. Pharmaceutical Grade
      12.7.3. Industrial Grade
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Potassium Acetate Demand Share, 2019-2026

13. Middle East & Africa Potassium Acetate Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Potassium Acetate Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Potassium Acetate Market Size and Volume Forecast by Application
      13.4.1. Industrial
      13.4.2. Pharma & Food
      13.4.3. Deicing
      13.4.4. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Potassium Acetate Market Size and Volume Forecast by Type
      13.7.1. Food Grade
      13.7.2. Pharmaceutical Grade
      13.7.3. Industrial Grade
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Potassium Acetate Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Potassium Acetate Market: Market Share Analysis
   14.2. Potassium Acetate Distributors and Customers
   14.3. Potassium Acetate Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Niacet
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Clariant
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Cryotech
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Hawkins
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Nachurs Alpine Solutions
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Evonik
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Daito Chemical
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Lancashire Chemicals
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Askhay
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Baltic Enterprise
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Jiangsu Kolod Food
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Wuxi Yangshan Biochemical
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Wuxi Unisen
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Tenglong
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. Shanxi Zhaoyi Chemical
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. Shijiazhuang Haosheng
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. Jiangxi Shuangjia
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. Langfang Tianke
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. Xianju Fusheng
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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