Market Overview:
The global potassium methylate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for potassium methylate from various applications such as biodiesel, personal care, agriculture, pharma & healthcare and other applications. In terms of volume, the Asia Pacific region is expected to lead the global potassium methylate market during the forecast period.
Product Definition:
Potassium methylate is a chemical compound with the formula KMeth. It is the potassium salt of methyl alcohol.
It can be used as a colorless, odorless liquid solvent and also as an etchant for metals.
Solution:
Solution is a chemical compound which is made up of two parts (solid and liquid), with water as a common ingredient. It's major application in the potassium methylate market is for the production of printing inks, adhesives, paints & coatings; and also as an additive to gasoline. The other important usage includes it's role in manufacturing cellulose ethers such as carboxymethyl cellulose (CMC).
Powder:
Powder is a fine, dry, white or brownish solid and has better flow characteristics than the liquid. It can be produced by mechanical separation of the liquid or through a chemical reaction between the acid and alkali in an insoluble form. The major applications include metal deactivators, defoamers for lubricating oils (for example: motor vehicle oil), plasticizers for rubber products (for example: tires), flame retardants (for example: textiles).
Application Insights:
The potassium methylate is used in the manufacturing of biodiesel. The product is an important raw material for the production of biodiesel as it helps in increasing the rate of bio-diesel production by providing a cost advantage and quality boost over other fertilizers. Potassium methylate injection during fermentation increases yield, stability, and reduces costs associated with producing high-quality biofuel.
Biodiesel has gained significant popularity due to its ability to reduce emissions significantly while providing higher power output compared to conventional diesel engines. This factor along with rising awareness regarding environment protection has boosted demand for potassium methylate across various end-use industries including personal care and agriculture among others which are expected to drive growth over the forecast period.
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 potassium methylate production owing to low raw material costs coupled with cheap labor cost. China, India, Japan, South Korea are some of the major consumers in this region due to high demand from end-use industries such as biodiesel and personal care products.
Europe is anticipated to be one of the fastest growing markets for potassium methylate on account of increasing product demand from personal care industry along with rising R&D expenditure by pharmaceutical companies pertaining to drug discovery activities. North America also has significant growth opportunities for these products on account of increasing use in agrochemicals and animal feed supplements among others across U.S.
Growth Factors:
- Increasing demand from the end-use industries such as textiles, pulp and paper, and detergents is expected to drive the potassium methylate market growth.
- Growing awareness about the benefits of potassium methylate is projected to fuel its demand in various applications including agrochemicals, pharmaceuticals, and personal care products.
- Stringent environmental regulations for wastewater treatment are likely to create opportunities for potassium methylate market growth over the forecast period.
- Rising investments in R&D activities for developing new applications of potassium methylate is anticipated to propel its demand in the near future. 5) The increasing use of potassium methylate as a precursor for producing other specialty chemicals is expected to provide lucrative opportunities for this market during the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Potassium Methylate Market Research Report
By Type
Solution, Powder
By Application
Biodiesel, Personal Care, Agriculture, Pharma & Healthcare, Other
By Companies
BASF, Evonik, Hengfa Chemical, Luxi Chemical, Xisace New Material Technology, ...
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Potassium Methylate Market Report Segments:
The global Potassium Methylate market is segmented on the basis of:
Types
Solution, Powder
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
Biodiesel, Personal Care, Agriculture, Pharma & Healthcare, 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:
- BASF
- Evonik
- Hengfa Chemical
- Luxi Chemical
- Xisace New Material Technology
- ...
Highlights of The Potassium Methylate 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:
- Solution
- Powder
- By Application:
- Biodiesel
- Personal Care
- Agriculture
- Pharma & Healthcare
- 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 Methylate 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 methylate is a white crystalline powder that is used as a food additive. It helps to improve the flavor and texture of foods.
Some of the major players in the potassium methylate market are BASF, Evonik, Hengfa Chemical, Luxi Chemical, Xisace New Material Technology.
The potassium methylate market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Potassium Methylate 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 Methylate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Potassium Methylate Market - Supply Chain
4.5. Global Potassium Methylate Market Forecast
4.5.1. Potassium Methylate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Potassium Methylate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Potassium Methylate Market Absolute $ Opportunity
5. Global Potassium Methylate 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 Methylate Market Size and Volume Forecast by Type
5.3.1. Solution
5.3.2. Powder
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Potassium Methylate 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 Methylate Market Size and Volume Forecast by Application
6.3.1. Biodiesel
6.3.2. Personal Care
6.3.3. Agriculture
6.3.4. Pharma & Healthcare
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Potassium Methylate 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 Methylate 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 Methylate 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 Methylate 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 Methylate Demand Share Forecast, 2019-2029
9. North America Potassium Methylate 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 Methylate 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 Methylate Market Size and Volume Forecast by Application
9.4.1. Biodiesel
9.4.2. Personal Care
9.4.3. Agriculture
9.4.4. Pharma & Healthcare
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Potassium Methylate Market Size and Volume Forecast by Type
9.7.1. Solution
9.7.2. Powder
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 Methylate Demand Share Forecast, 2019-2029
10. Latin America Potassium Methylate 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 Methylate 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 Methylate Market Size and Volume Forecast by Application
10.4.1. Biodiesel
10.4.2. Personal Care
10.4.3. Agriculture
10.4.4. Pharma & Healthcare
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Potassium Methylate Market Size and Volume Forecast by Type
10.7.1. Solution
10.7.2. Powder
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 Methylate Demand Share Forecast, 2019-2029
11. Europe Potassium Methylate 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 Methylate 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 Methylate Market Size and Volume Forecast by Application
11.4.1. Biodiesel
11.4.2. Personal Care
11.4.3. Agriculture
11.4.4. Pharma & Healthcare
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Potassium Methylate Market Size and Volume Forecast by Type
11.7.1. Solution
11.7.2. Powder
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Grwth 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 Methylate Demand Share, 2019-2029
12. Asia Pacific Potassium Methylate 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 Methylate 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 Methylate Market Size and Volume Forecast by Application
12.4.1. Biodiesel
12.4.2. Personal Care
12.4.3. Agriculture
12.4.4. Pharma & Healthcare
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Potassium Methylate Market Size and Volume Forecast by Type
12.7.1. Solution
12.7.2. Powder
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 Methylate Demand Share, 2019-2029
13. Middle East & Africa Potassium Methylate 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 Methylate 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 Methylate Market Size and Volume Forecast by Application
13.4.1. Biodiesel
13.4.2. Personal Care
13.4.3. Agriculture
13.4.4. Pharma & Healthcare
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Potassium Methylate Market Size and Volume Forecast by Type
13.7.1. Solution
13.7.2. Powder
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 Methylate Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Potassium Methylate Market: Market Share Analysis
14.2. Potassium Methylate Distributors and Customers
14.3. Potassium Methylate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Evonik
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hengfa Chemical
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Luxi Chemical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Xisace New Material Technology
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ...
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
