Product Code: ETC092923 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India Potassium sulphate Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 12.87% in 2025, climbs to a high of 13.66% in 2027, and moderates to 12.74% by 2029.
The India Potassium Sulphate market is expected to witness a steady growth during the forecast period due to its growing demand from various industries such as agriculture, pharmaceuticals and textiles. The increasing population in India will lead to an increased demand for food products which will in turn fuel the demand for potassium sulphate. The growing use of fertilizers containing potassium sulphate by farmers across India is also likely to drive the growth of this market over the coming years. Moreover, government policies such as subsidies on fertilizers are anticipated to further propel the sales of potassium sulphate in India. Additionally, rising awareness among consumers regarding health benefits associated with food products containing potassium sulfite is projected to bolster the overall market over next five years. Furthermore, technological advancements and innovations related with production processes are expected to create positive Outlook for manufacturers operating in this sector over upcoming years
The India Potassium Sulphate Market is expected to grow significantly due to the rising demand for the fertilizers in agricultural industry. Increasing population and growing food demand are some of the major factors driving the market growth. Growing urbanization and industrialization in India has led to a substantial increase in land usage for housing, commercial activities, etc., resulting into a decrease of arable land available for cultivation which further increases the need of chemical fertilizers like potassium sulphate as it helps improve crop yields. Additionally, increasing government focus on integrated farming has also boosted its usage amongst farmers.
Despite being widely used around India there still exist certain challenges faced when it comes to usage of Potassium Sulphates (K2SO4). Firstly it is expensive when compared to urea based synthetic compounds which makes it difficult for small scale farmers or those operating on low budget farms where cost effectiveness plays a key role while selecting inputs for farm operations. Secondly K2SO4 can be very corrosive if not handled properly leading acidic soils making them unsuitable at times depending upon local geology conditions prevailing at sites where they are applied Finally there exists limited availability on domestic supplies which forces importers/dealers into long wait times thus impacting accessbility & pricing mechanisms attached with imports from overseas sources dealing primarily with Potassium Sulphates (K2SO4).
Some prominent players operating in the India Potassium Sulfate Market include : Gujarat State Fertilizer & Chemicals Ltd., National Fertilizers Limited , Coromandel International Ltd., Deepak Fertilisers And Petrochemicals Corporation Limited , Nagarjuna Fertilizers & Chemicals Ltd., Karnataka Antibiotics & Pharmaceuticals Ltd., Tamil
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Potassium sulphate Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Potassium sulphate Market Revenues & Volume, 2021 & 2031F |
3.3 India Potassium sulphate Market - Industry Life Cycle |
3.4 India Potassium sulphate Market - Porter's Five Forces |
3.5 India Potassium sulphate Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 India Potassium sulphate Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.7 India Potassium sulphate Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 India Potassium sulphate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Potassium sulphate Market Trends |
6 India Potassium sulphate Market, By Types |
6.1 India Potassium sulphate Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 India Potassium sulphate Market Revenues & Volume, By Form, 2018 - 2031F |
6.1.3 India Potassium sulphate Market Revenues & Volume, By Solid , 2018 - 2031F |
6.1.4 India Potassium sulphate Market Revenues & Volume, By Liquid , 2018 - 2031F |
6.2 India Potassium sulphate Market, By Process |
6.2.1 Overview and Analysis |
6.2.2 India Potassium sulphate Market Revenues & Volume, By Mannheim Process, 2018 - 2031F |
6.2.3 India Potassium sulphate Market Revenues & Volume, By Sulphate Salts Reaction, 2018 - 2031F |
6.2.4 India Potassium sulphate Market Revenues & Volume, By Brine Processing, 2018 - 2031F |
6.2.5 India Potassium sulphate Market Revenues & Volume, By Others, 2018 - 2031F |
6.3 India Potassium sulphate Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 India Potassium sulphate Market Revenues & Volume, By Agriculture, 2018 - 2031F |
6.3.3 India Potassium sulphate Market Revenues & Volume, By Industrial, 2018 - 2031F |
6.3.4 India Potassium sulphate Market Revenues & Volume, By Pharmaceuticals, 2018 - 2031F |
6.3.5 India Potassium sulphate Market Revenues & Volume, By Cosmetics, 2018 - 2031F |
6.3.6 India Potassium sulphate Market Revenues & Volume, By Food & Beverages, 2018 - 2031F |
6.3.7 India Potassium sulphate Market Revenues & Volume, By Others, 2018 - 2031F |
7 India Potassium sulphate Market Import-Export Trade Statistics |
7.1 India Potassium sulphate Market Export to Major Countries |
7.2 India Potassium sulphate Market Imports from Major Countries |
8 India Potassium sulphate Market Key Performance Indicators |
9 India Potassium sulphate Market - Opportunity Assessment |
9.1 India Potassium sulphate Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 India Potassium sulphate Market Opportunity Assessment, By Process, 2021 & 2031F |
9.3 India Potassium sulphate Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 India Potassium sulphate Market - Competitive Landscape |
10.1 India Potassium sulphate Market Revenue Share, By Companies, 2024 |
10.2 India Potassium sulphate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |