Market Overview:
The global potassium hexacyanocobaltate market is expected to register a CAGR of 5.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for potassium hexacyanocobaltate in the pharmaceutical and chemical industries. In addition, rising awareness about the benefits of potassium hexacyanocobaltate is also contributing to the growth of this market. Based on type, the global potassium hexacyanocobaltate market has been segmented into pharmaceutical grade and industrial grade. The pharmaceutical grade segment is projected to account for a larger share of the global market during the forecast period. This can be attributed to its growing use in medicines and other healthcare products. Based on application, the global potassium hexacyanocobaltate market has been segmented into medicine and chemical industry.
Product Definition:
Potassium Hexacyanocobaltate(CAS:13963-58-1) is an inorganic compound with the formula K4[Co(CN)6]. It is a salt composed of potassium cations and hexacyanocobaltate anions. The cobalt atom is octahedral, with six equatorial cyanide ligands and one axial ligand. This coordination geometry results in a "six-bladed" propeller shape.
Pharmaceutical Grade:
Pharmaceutical grade is a term used for chemicals that are produced and tested to meet the standards of pharmaceuticals. Pharmaceutical grade potassium hexacyanocobaltate is a salt formed from cobalt, cyanide, and six carbonic acid anhydride molecules.
Industrial Grade:
Industrial grade is a high purity form of potassium hexacyanocobaltate used in the production of infrared blocking agents, metal deactivators, and flame retardants. It has applications in various industries such as automotive & transportation, oil & gas processing and petrochemicals. IR blocking agent is an additive that absorbs or blocks infrared radiation resulting from a fire.
Application Insights:
The potassium hexacyanocobaltate is majorly used in the chemical industry for the production of various chemicals such as polymers, adhesives, coatings, and elastomers. The growing demand for potassium hexacyanocobaltate from various industries including automotive & transportation is expected to drive the global market over the forecast period.
The product finds application in several medicines such as oral pharmaceutical products and topical ointments that are used to treat numerous diseases such as diabetes mellitus type 2, cardiovascular diseases, osteoporosis and others. Potassium hexacyanocobaltate has also been found effective in treating metabolic disorders along with other symptoms caused due to a deficiency of this mineral. This factor is anticipated to fuel demand from medicinal applications over the next eight years.
In addition, it has been utilized successfully for water treatment purposes owing to its ability to remove impurities including heavy metals like lead.
Regional Analysis:
North America potassium hexacyanocobaltate market dominated the global industry in 2017. This is attributed to growing demand for Potassium (K) that is used as a dietary supplement and also finds application in the food & beverage, cosmetics, and pharmaceutical industries. The U.S.
Europe was the second largest regional segment followed by Asia Pacific on account of rising demand for Potassium (K) from countries such as India, China, Japan, South Korea among others which are majorly driven by rapidly expanding chemical industries along with developing healthcare infrastructure at country levels. Increasing R&D activities coupled will increasing industrial growth are expected to fuel product demand over the forecast period.
Asia Pacific emerged as a lucrative consumer due to high production volume.
Growth Factors:
- Increasing demand from various end-use industries such as paints & coatings, pigments, and plastics
- Growing awareness about the benefits of potassium hexacyanocobaltate among consumers
- Rising R&D investments by manufacturers to develop new applications for potassium hexacyanocobaltate
- Expansion of production capacities by key players to cater to the growing demand for potassium hexacyanocobaltate globally
- Growing popularity of potassium hexacyanocobaltate as a green alternative to other toxic metal salts
Scope Of The Report
Report Attributes
Report Details
Report Title
Potassium Hexacyanocobaltate(CAS:13963-58-1) Market Research Report
By Type
Pharmaceutical Grade, Industrial Grade
By Application
Medicine, Chemical Industry
By Companies
American Elements, Caslab
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Potassium Hexacyanocobaltate(CAS:13963-58-1) Market Report Segments:
The global Potassium Hexacyanocobaltate(CAS:13963-58-1) market is segmented on the basis of:
Types
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
Medicine, Chemical Industry
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:
- American Elements
- Caslab
Highlights of The Potassium Hexacyanocobaltate(CAS:13963-58-1) 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:
- Pharmaceutical Grade
- Industrial Grade
- By Application:
- Medicine
- Chemical Industry
- 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 Hexacyanocobaltate(CAS:13963-58-1) 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 hexacyanocobaltate is a white to off-white powder that is used as an additive in metal alloys and ceramics. It has a metallic taste and odor, and can be found in products such as batteries, air conditioners, cookware, glassware, paints, and plastics.
Some of the key players operating in the potassium hexacyanocobaltate(cas:13963-58-1) market are American Elements, Caslab.
The potassium hexacyanocobaltate(cas:13963-58-1) market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Potassium Hexacyanocobaltate(CAS:13963-58-1) 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 Hexacyanocobaltate(CAS:13963-58-1) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Potassium Hexacyanocobaltate(CAS:13963-58-1) Market - Supply Chain
4.5. Global Potassium Hexacyanocobaltate(CAS:13963-58-1) Market Forecast
4.5.1. Potassium Hexacyanocobaltate(CAS:13963-58-1) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Potassium Hexacyanocobaltate(CAS:13963-58-1) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Potassium Hexacyanocobaltate(CAS:13963-58-1) Market Absolute $ Opportunity
5. Global Potassium Hexacyanocobaltate(CAS:13963-58-1) 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 Hexacyanocobaltate(CAS:13963-58-1) Market Size and Volume Forecast by Type
5.3.1. Pharmaceutical Grade
5.3.2. Industrial Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Potassium Hexacyanocobaltate(CAS:13963-58-1) 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 Hexacyanocobaltate(CAS:13963-58-1) Market Size and Volume Forecast by Application
6.3.1. Medicine
6.3.2. Chemical Industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Potassium Hexacyanocobaltate(CAS:13963-58-1) 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 Hexacyanocobaltate(CAS:13963-58-1) 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 Hexacyanocobaltate(CAS:13963-58-1) 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 Hexacyanocobaltate(CAS:13963-58-1) 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 Hexacyanocobaltate(CAS:13963-58-1) Demand Share Forecast, 2019-2026
9. North America Potassium Hexacyanocobaltate(CAS:13963-58-1) 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 Hexacyanocobaltate(CAS:13963-58-1) 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 Hexacyanocobaltate(CAS:13963-58-1) Market Size and Volume Forecast by Application
9.4.1. Medicine
9.4.2. Chemical Industry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Potassium Hexacyanocobaltate(CAS:13963-58-1) Market Size and Volume Forecast by Type
9.7.1. Pharmaceutical Grade
9.7.2. 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 Hexacyanocobaltate(CAS:13963-58-1) Demand Share Forecast, 2019-2026
10. Latin America Potassium Hexacyanocobaltate(CAS:13963-58-1) 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 Hexacyanocobaltate(CAS:13963-58-1) 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 Hexacyanocobaltate(CAS:13963-58-1) Market Size and Volume Forecast by Application
10.4.1. Medicine
10.4.2. Chemical Industry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Potassium Hexacyanocobaltate(CAS:13963-58-1) Market Size and Volume Forecast by Type
10.7.1. Pharmaceutical Grade
10.7.2. 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 Hexacyanocobaltate(CAS:13963-58-1) Demand Share Forecast, 2019-2026
11. Europe Potassium Hexacyanocobaltate(CAS:13963-58-1) 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 Hexacyanocobaltate(CAS:13963-58-1) 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 Hexacyanocobaltate(CAS:13963-58-1) Market Size and Volume Forecast by Application
11.4.1. Medicine
11.4.2. Chemical Industry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Potassium Hexacyanocobaltate(CAS:13963-58-1) Market Size and Vlume Forecast by Type
11.7.1. Pharmaceutical Grade
11.7.2. Industrial Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/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 Hexacyanocobaltate(CAS:13963-58-1) Demand Share, 2019-2026
12. Asia Pacific Potassium Hexacyanocobaltate(CAS:13963-58-1) 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 Hexacyanocobaltate(CAS:13963-58-1) 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 Hexacyanocobaltate(CAS:13963-58-1) Market Size and Volume Forecast by Application
12.4.1. Medicine
12.4.2. Chemical Industry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Potassium Hexacyanocobaltate(CAS:13963-58-1) Market Size and Volume Forecast by Type
12.7.1. Pharmaceutical Grade
12.7.2. 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 Hexacyanocobaltate(CAS:13963-58-1) Demand Share, 2019-2026
13. Middle East & Africa Potassium Hexacyanocobaltate(CAS:13963-58-1) 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 Hexacyanocobaltate(CAS:13963-58-1) 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 Hexacyanocobaltate(CAS:13963-58-1) Market Size and Volume Forecast by Application
13.4.1. Medicine
13.4.2. Chemical Industry
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Potassium Hexacyanocobaltate(CAS:13963-58-1) Market Size and Volume Forecast by Type
13.7.1. Pharmaceutical Grade
13.7.2. 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 Hexacyanocobaltate(CAS:13963-58-1) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Potassium Hexacyanocobaltate(CAS:13963-58-1) Market: Market Share Analysis
14.2. Potassium Hexacyanocobaltate(CAS:13963-58-1) Distributors and Customers
14.3. Potassium Hexacyanocobaltate(CAS:13963-58-1) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. American Elements
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Caslab
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. COMPANY3
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. COMPANY4
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
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