Asia Pacific Potassium Carbonate Market is currently witnessing robust growth. The market's growth is chiefly driven by the increasing use of glass products in developed parts of the Asia region. Also, the glass industry is the biggest customer of Asia’s potassium carbonate market. It utilizes potassium carbonate to manufacture speciality glasses such as tableware, fiber optics, flat panel display glass, light bulbs, and other glass products. Furthermore, the governments of the Asian countries are promoting the production of potassium carbonate. The reason being that the process of manufacturing potassium carbonate requires absorption of carbon dioxide. Additionally, the pharmaceutical industries in Asia constantly require potassium carbonate to fabricate medicines, and the agricultural sectors need it to make fertilizers. However, the primary factor which is likely to restrain the growth of the potassium carbonate market in the coming years is the health hazard risks of direct use of potassium carbonate. Some of these risks include aggravation, heaving, swelling, chronic effect, and shock. Moreover, the outburst of Covid 19 has acted as a significant restraint on the potassium carbonate market. Initially, before the outbreak, there was a healthy supply of potassium carbonate in the market, but later, the lockdowns were imposed. Due to the lockdown in 2020, the supply chain got disrupted. Some manufacturers had to suspend their production due to concerns about contamination, which caused a shortage of potassium carbonate in the market. Although the lockdown had disrupted the potassium carbonate market, once the lockdown was lifted, the market stabilised and is expected to grow further in the next few years.
According to 6Wresearch, Asia Pacific Potassium Carbonate Market size is anticipated to register growth during 2021-27. China dominates the Asia Pacific region's potassium carbonate market by contributing the highest market share in the region. The reason being China's low labour costs, optimised technology, and mass production. Chinese manufacturer Wentong Group is the largest manufacturer of potassium carbonate in the Asia Pacific region. Additionally, the government of china promoting potassium carbonate production has facilitated it to provide potassium carbonate at the best rate in the whole region. Moreover, the increased demand for glass products in the region has indirectly led to increased demand for potassium carbonate by the glass industries. Also, increased awareness of health and hygiene due to the covid 19 pandemic has led to the expansion of pharmaceutical and soap industries, thereby fuelling the demand for potassium carbonate. After China, the countries within the Asia Pacific region having a significant share in the potassium carbonate market are Australia, Japan, South Korea, and India. High foreign direct investment and low manufacturing costs are the core growth drivers of these countries. Some of the key players within the Asia Pacific region's potassium carbonate market are Wentong Group, Qinghai Yanhu, Shandong Lunan Apac chemicals, and Guljag limited.
The Asia Pacific potassium carbonate market by product type is segmented into food grade, industrial grade, light, and heavy density. Amidst all the segments, industrial-grade potassium carbonate holds the highest market share and is utilized to manufacture various fertilizers, agrochemicals, glass, and soaps. Additionally, based on the manufacturing method, Asia Pacific potassium carbonate market is segmented into the electrolysis, ion exchange, and ash. Amongst all, the Electrolysis method of manufacturing potassium carbonate is the most extensively used in the Asia Pacific region. Also, the electrolysis method helps in carbon dioxide absorption, and hence, it is promoted by most countries in the Asia pacific region. Furthermore, the Asia Pacific potassium carbonate market based on application is segmented into glass, chemicals, medicines, salts, dyes & pigments, food, cleaners, gas purification, and other applications. Amongst all, the application of potassium carbonate in glass products holds the highest market share in Asia Pacific region. Moreover, the application of potassium carbonate in salts, chemicals, and medicines is expected to increase substantially in future.
The Asia Pacific Potassium Carbonate Market report thoroughly covers the market by type, application and countries including India, China, Japan, Australia, South Korea, Thailand, Indonesia and rest of Asia Pacific. Asia Pacific Potassium Carbonate market outlook report provides an unbiased and detailed analysis of the ongoing Asia Pacific Potassium Carbonate market opportunities/high growth area, trends, market drivers which would help the stakeholders to align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
- Asia Pacific Potassium Carbonate Market Outlook
- Market Size of Asia Pacific Potassium Carbonate Market, 2020
- Forecast of Asia Pacific Potassium Carbonate Market, 2027
- Historical Data and Forecast of Asia Pacific Potassium Carbonate Revenues & Volume for the Period 2017 - 2027
- Asia Pacific Potassium Carbonate Market Trend Evolution
- Asia Pacific Potassium Carbonate Market Drivers and Challenges
- Asia Pacific Potassium Carbonate Price Trends
- Asia Pacific Potassium Carbonate Porter's Five Forces
- Asia Pacific Potassium Carbonate Industry Life Cycle
- Historical Data and Forecast of Asia Pacific Potassium Carbonate Market Revenues & Volume By Product Type for the Period 2017 - 2027
- Historical Data and Forecast of Asia Pacific Potassium Carbonate Market Revenues & Volume By Electrolysis Method for the Period 2017 - 2027
- Historical Data and Forecast of Asia Pacific Potassium Carbonate Market Revenues & Volume By Ion Exchange Method for the Period 2017 - 2027
- Historical Data and Forecast of Asia Pacific Potassium Carbonate Market Revenues & Volume By Ash Method for the Period 2017 - 2027
- Historical Data and Forecast of Asia Pacific Potassium Carbonate Market Revenues & Volume By Other Method for the Period 2017 - 2027
- Historical Data and Forecast of China Potassium Carbonate Market Revenues & Volume By Product Type for the Period 2017 - 2027
- Historical Data and Forecast of China Potassium Carbonate Market Revenues & Volume By Electrolysis Method for the Period 2017 - 2027
- Historical Data and Forecast of China Potassium Carbonate Market Revenues & Volume By Ion Exchange Method for the Period 2017 - 2027
- Historical Data and Forecast of China Potassium Carbonate Market Revenues & Volume By Ash Method for the Period 2017 - 2027
- Historical Data and Forecast of China Potassium Carbonate Market Revenues & Volume By Other Method for the Period 2017 - 2027
- Historical Data and Forecast of India Potassium Carbonate Market Revenues & Volume By Product Type for the Period 2017 - 2027
- Historical Data and Forecast of India Potassium Carbonate Market Revenues & Volume By Electrolysis Method for the Period 2017 - 2027
- Historical Data and Forecast of India Potassium Carbonate Market Revenues & Volume By Ion Exchange Method for the Period 2017 - 2027
- Historical Data and Forecast of India Potassium Carbonate Market Revenues & Volume By Ash Method for the Period 2017 - 2027
- Historical Data and Forecast of India Potassium Carbonate Market Revenues & Volume By Other Method for the Period 2017 - 2027
- Historical Data and Forecast of Japan Potassium Carbonate Market Revenues & Volume By Product Type for the Period 2017 - 2027
- Historical Data and Forecast of Japan Potassium Carbonate Market Revenues & Volume By Electrolysis Method for the Period 2017 - 2027
- Historical Data and Forecast of Japan Potassium Carbonate Market Revenues & Volume By Ion Exchange Method for the Period 2017 - 2027
- Historical Data and Forecast of Japan Potassium Carbonate Market Revenues & Volume By Ash Method for the Period 2017 - 2027
- Historical Data and Forecast of Japan Potassium Carbonate Market Revenues & Volume By Other Method for the Period 2017 - 2027
- Historical Data and Forecast of Australia Potassium Carbonate Market Revenues & Volume By Product Type for the Period 2017 - 2027
- Historical Data and Forecast of Australia Potassium Carbonate Market Revenues & Volume By Electrolysis Method for the Period 2017 - 2027
- Historical Data and Forecast of Australia Potassium Carbonate Market Revenues & Volume By Ion Exchange Method for the Period 2017 - 2027
- Historical Data and Forecast of Australia Potassium Carbonate Market Revenues & Volume By Ash Method for the Period 2017 - 2027
- Historical Data and Forecast of Australia Potassium Carbonate Market Revenues & Volume By Other Method for the Period 2017 - 2027
- Historical Data and Forecast of Indonesia Potassium Carbonate Market Revenues & Volume By Product Type for the Period 2017 - 2027
- Historical Data and Forecast of Indonesia Potassium Carbonate Market Revenues & Volume By Electrolysis Method for the Period 2017 - 2027
- Historical Data and Forecast of Indonesia Potassium Carbonate Market Revenues & Volume By Ion Exchange Method for the Period 2017 - 2027
- Historical Data and Forecast of Indonesia Potassium Carbonate Market Revenues & Volume By Ash Method for the Period 2017 - 2027
- Historical Data and Forecast of Indonesia Potassium Carbonate Market Revenues & Volume By Other Method for the Period 2017 - 2027
- Historical Data and Forecast of Philippines Potassium Carbonate Market Revenues & Volume By Product Type for the Period 2017 - 2027
- Historical Data and Forecast of Philippines Potassium Carbonate Market Revenues & Volume By Electrolysis Method for the Period 2017 - 2027
- Historical Data and Forecast of Philippines Potassium Carbonate Market Revenues & Volume By Ion Exchange Method for the Period 2017 - 2027
- Historical Data and Forecast of Philippines Potassium Carbonate Market Revenues & Volume By Ash Method for the Period 2017 - 2027
- Historical Data and Forecast of Philippines Potassium Carbonate Market Revenues & Volume By Other Method for the Period 2017 - 2027
- Historical Data and Forecast of Malaysia Potassium Carbonate Market Revenues & Volume By Product Type for the Period 2017 - 2027
- Historical Data and Forecast of Malaysia Potassium Carbonate Market Revenues & Volume By Electrolysis Method for the Period 2017 - 2027
- Historical Data and Forecast of Malaysia Potassium Carbonate Market Revenues & Volume By Ion Exchange Method for the Period 2017 - 2027
- Historical Data and Forecast of Malaysia Potassium Carbonate Market Revenues & Volume By Ash Method for the Period 2017 - 2027
- Historical Data and Forecast of Malaysia Potassium Carbonate Market Revenues & Volume By Other Method for the Period 2017 - 2027
- Historical Data and Forecast of Rest of Asia Potassium Carbonate Market Revenues & Volume By Product Type for the Period 2017 - 2027
- Historical Data and Forecast of Rest of Asia Potassium Carbonate Market Revenues & Volume By Electrolysis Method for the Period 2017 - 2027
- Historical Data and Forecast of Rest of Asia Potassium Carbonate Market Revenues & Volume By Ion Exchange Method for the Period 2017 - 2027
- Historical Data and Forecast of Rest of Asia Potassium Carbonate Market Revenues & Volume By Ash Method for the Period 2017 - 2027
- Historical Data and Forecast of Rest of Asia Potassium Carbonate Market Revenues & Volume By Other Method for the Period 2017 - 2027
- Historical Data and Forecast of Asia Pacific Potassium Carbonate Market Revenues & Volume By Application for the Period 2017 - 2027
- Historical Data and Forecast of Asia Pacific Potassium Carbonate Market Revenues & Volume By Pharmaceutical for the Period 2017 - 2027
- Historical Data and Forecast of Asia Pacific Potassium Carbonate Market Revenues & Volume By Potassium Salts for the Period 2017 - 2027
- Historical Data and Forecast of Asia Pacific Potassium Carbonate Market Revenues & Volume By Glass/TVs/Ceramic for the Period 2017 - 2027
- Historical Data and Forecast of Asia Pacific Potassium Carbonate Market Revenues & Volume By Agrochemicals for the Period 2017 - 2027
- Historical Data and Forecast of Asia Pacific Potassium Carbonate Market Revenues & Volume By Dyes & Inks for the Period 2017 - 2027
- Historical Data and Forecast of Asia Pacific Potassium Carbonate Market Revenues & Volume By Rubber Chemicals for the Period 2017 - 2027
- Historical Data and Forecast of Asia Pacific Potassium Carbonate Market Revenues & Volume By Others for the Period 2017 - 2027
- Historical Data and Forecast of China Potassium Carbonate Market Revenues & Volume By Application for the Period 2017 - 2027
- Historical Data and Forecast of China Potassium Carbonate Market Revenues & Volume By Pharmaceutical for the Period 2017 - 2027
- Historical Data and Forecast of China Potassium Carbonate Market Revenues & Volume By Potassium Salts for the Period 2017 - 2027
- Historical Data and Forecast of China Potassium Carbonate Market Revenues & Volume By Glass/TVs/Ceramic for the Period 2017 - 2027
- Historical Data and Forecast of China Potassium Carbonate Market Revenues & Volume By Agrochemicals for the Period 2017 - 2027
- Historical Data and Forecast of China Potassium Carbonate Market Revenues & Volume By Dyes & Inks for the Period 2017 - 2027
- Historical Data and Forecast of China Potassium Carbonate Market Revenues & Volume By Rubber Chemicals for the Period 2017 - 2027
- Historical Data and Forecast of China Potassium Carbonate Market Revenues & Volume By Others for the Period 2017 - 2027
- Historical Data and Forecast of India Potassium Carbonate Market Revenues & Volume By Application for the Period 2017 - 2027
- Historical Data and Forecast of India Potassium Carbonate Market Revenues & Volume By Pharmaceutical for the Period 2017 - 2027
- Historical Data and Forecast of India Potassium Carbonate Market Revenues & Volume By Potassium Salts for the Period 2017 - 2027
- Historical Data and Forecast of India Potassium Carbonate Market Revenues & Volume By Glass/TVs/Ceramic for the Period 2017 - 2027
- Historical Data and Forecast of India Potassium Carbonate Market Revenues & Volume By Agrochemicals for the Period 2017 - 2027
- Historical Data and Forecast of India Potassium Carbonate Market Revenues & Volume By Dyes & Inks for the Period 2017 - 2027
- Historical Data and Forecast of India Potassium Carbonate Market Revenues & Volume By Rubber Chemicals for the Period 2017 - 2027
- Historical Data and Forecast of India Potassium Carbonate Market Revenues & Volume By Others for the Period 2017 - 2027
- Historical Data and Forecast of Japan Potassium Carbonate Market Revenues & Volume By Application for the Period 2017 - 2027
- Historical Data and Forecast of Japan Potassium Carbonate Market Revenues & Volume By Pharmaceutical for the Period 2017 - 2027
- Historical Data and Forecast of Japan Potassium Carbonate Market Revenues & Volume By Potassium Salts for the Period 2017 - 2027
- Historical Data and Forecast of Japan Potassium Carbonate Market Revenues & Volume By Glass/TVs/Ceramic for the Period 2017 - 2027
- Historical Data and Forecast of Japan Potassium Carbonate Market Revenues & Volume By Agrochemicals for the Period 2017 - 2027
- Historical Data and Forecast of Japan Potassium Carbonate Market Revenues & Volume By Dyes & Inks for the Period 2017 - 2027
- Historical Data and Forecast of Japan Potassium Carbonate Market Revenues & Volume By Rubber Chemicals for the Period 2017 - 2027
- Historical Data and Forecast of Japan Potassium Carbonate Market Revenues & Volume By Others for the Period 2017 - 2027
- Historical Data and Forecast of Australia Potassium Carbonate Market Revenues & Volume By Application for the Period 2017 - 2027
- Historical Data and Forecast of Australia Potassium Carbonate Market Revenues & Volume By Pharmaceutical for the Period 2017 - 2027
- Historical Data and Forecast of Australia Potassium Carbonate Market Revenues & Volume By Potassium Salts for the Period 2017 - 2027
- Historical Data and Forecast of Australia Potassium Carbonate Market Revenues & Volume By Glass/TVs/Ceramic for the Period 2017 - 2027
- Historical Data and Forecast of Australia Potassium Carbonate Market Revenues & Volume By Agrochemicals for the Period 2017 - 2027
- Historical Data and Forecast of Australia Potassium Carbonate Market Revenues & Volume By Dyes & Inks for the Period 2017 - 2027
- Historical Data and Forecast of Australia Potassium Carbonate Market Revenues & Volume By Rubber Chemicals for the Period 2017 - 2027
- Historical Data and Forecast of Australia Potassium Carbonate Market Revenues & Volume By Others for the Period 2017 - 2027
- Historical Data and Forecast of Indonesia Potassium Carbonate Market Revenues & Volume By Application for the Period 2017 - 2027
- Historical Data and Forecast of Indonesia Potassium Carbonate Market Revenues & Volume By Pharmaceutical for the Period 2017 - 2027
- Historical Data and Forecast of Indonesia Potassium Carbonate Market Revenues & Volume By Potassium Salts for the Period 2017 - 2027
- Historical Data and Forecast of Indonesia Potassium Carbonate Market Revenues & Volume By Glass/TVs/Ceramic for the Period 2017 - 2027
- Historical Data and Forecast of Indonesia Potassium Carbonate Market Revenues & Volume By Agrochemicals for the Period 2017 - 2027
- Historical Data and Forecast of Indonesia Potassium Carbonate Market Revenues & Volume By Dyes & Inks for the Period 2017 - 2027
- Historical Data and Forecast of Indonesia Potassium Carbonate Market Revenues & Volume By Rubber Chemicals for the Period 2017 - 2027
- Historical Data and Forecast of Indonesia Potassium Carbonate Market Revenues & Volume By Others for the Period 2017 - 2027
- Historical Data and Forecast of Philippines Potassium Carbonate Market Revenues & Volume By Application for the Period 2017 - 2027
- Historical Data and Forecast of Philippines Potassium Carbonate Market Revenues & Volume By Pharmaceutical for the Period 2017 - 2027
- Historical Data and Forecast of Philippines Potassium Carbonate Market Revenues & Volume By Potassium Salts for the Period 2017 - 2027
- Historical Data and Forecast of Philippines Potassium Carbonate Market Revenues & Volume By Glass/TVs/Ceramic for the Period 2017 - 2027
- Historical Data and Forecast of Philippines Potassium Carbonate Market Revenues & Volume By Agrochemicals for the Period 2017 - 2027
- Historical Data and Forecast of Philippines Potassium Carbonate Market Revenues & Volume By Dyes & Inks for the Period 2017 - 2027
- Historical Data and Forecast of Philippines Potassium Carbonate Market Revenues & Volume By Rubber Chemicals for the Period 2017 - 2027
- Historical Data and Forecast of Philippines Potassium Carbonate Market Revenues & Volume By Others for the Period 2017 - 2027
- Historical Data and Forecast of Malaysia Potassium Carbonate Market Revenues & Volume By Application for the Period 2017 - 2027
- Historical Data and Forecast of Malaysia Potassium Carbonate Market Revenues & Volume By Pharmaceutical for the Period 2017 - 2027
- Historical Data and Forecast of Malaysia Potassium Carbonate Market Revenues & Volume By Potassium Salts for the Period 2017 - 2027
- Historical Data and Forecast of Malaysia Potassium Carbonate Market Revenues & Volume By Glass/TVs/Ceramic for the Period 2017 - 2027
- Historical Data and Forecast of Malaysia Potassium Carbonate Market Revenues & Volume By Agrochemicals for the Period 2017 - 2027
- Historical Data and Forecast of Malaysia Potassium Carbonate Market Revenues & Volume By Dyes & Inks for the Period 2017 - 2027
- Historical Data and Forecast of Malaysia Potassium Carbonate Market Revenues & Volume By Rubber Chemicals for the Period 2017 - 2027
- Historical Data and Forecast of Malaysia Potassium Carbonate Market Revenues & Volume By Others for the Period 2017 - 2027
- Historical Data and Forecast of Rest of Asia Potassium Carbonate Market Revenues & Volume By Application for the Period 2017 - 2027
- Historical Data and Forecast of Rest of Asia Potassium Carbonate Market Revenues & Volume By Pharmaceutical for the Period 2017 - 2027
- Historical Data and Forecast of Rest of Asia Potassium Carbonate Market Revenues & Volume By Potassium Salts for the Period 2017 - 2027
- Historical Data and Forecast of Rest of Asia Potassium Carbonate Market Revenues & Volume By Glass/TVs/Ceramic for the Period 2017 - 2027
- Historical Data and Forecast of Rest of Asia Potassium Carbonate Market Revenues & Volume By Agrochemicals for the Period 2017 - 2027
- Historical Data and Forecast of Rest of Asia Potassium Carbonate Market Revenues & Volume By Dyes & Inks for the Period 2017 - 2027
- Historical Data and Forecast of Rest of Asia Potassium Carbonate Market Revenues & Volume By Rubber Chemicals for the Period 2017 - 2027
- Historical Data and Forecast of Rest of Asia Potassium Carbonate Market Revenues & Volume By Others for the Period 2017 - 2027
- Asia Pacific Potassium Carbonate Market - Key Performance Indicators
- Asia Pacific Potassium Carbonate Market - Import Export Trade Statistics
- Asia Pacific Potassium Carbonate Market - Opportunity Assessment By Countries
- Asia Pacific Potassium Carbonate Market - Opportunity Assessment By Product Type
- Asia Pacific Potassium Carbonate Market - Opportunity Assessment By Application
- Asia Pacific Potassium Carbonate Market - Top Companies Market Share
- Asia Pacific Potassium Carbonate Market - Top Companies Profiles
- Asia Pacific Potassium Carbonate Market - Comparison of Players in Technical and Operating Parameters
- Asia Pacific Potassium Carbonate Market - Strategic Recommendations
Markets Covered
The report provides a detailed analysis of the following market segments:
- By Product Type:
- Electrolysis Method
- Ion Exchange Method
- Ash Method
- Other Method
- By Application:
- Potassium Salts
- Pharmaceutical
- Glass/TVs/Ceramic
- Agrochemicals
- Dyes & Inks
- Rubber Chemicals
- Others
- By Countries:
- India
- China
- Japan
- Australia
- Thailand
- Indonesia
- South Korea
- Rest of Asia Pacific
Other Key Reports Available: