Potassium sulphate, commonly known as sulphate of potash (SOP), is a water soluble white crystalline salt that finds wide application in the pharmaceuticals industry. In the food industry, potassium sulphate is used as a source of macronutrients potassium and sulphate. Increasing use of potassium sulphate in the food industry as flavoring agent and as an adjuvant has resulted in rampant growth of the potassium sulphate market in the recent past. Potassium sulphate used in food industry is manufactured in accordance with the “Food Chemicals Codex” regulation implemented by the Food and Drug Administration (FDA). Potassium sulphate is commonly used in the agriculture industry as a fertilizer for sensitive crops such as flowers, fruits & vegetables, tobacco, turf & ornamentals, among others.
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Growing consumption of potassium sulphate as a feedstock for procuring macronutrients, ingredients, activator and nutrient salt across various industries is fueling growth of the potassium sulphate market. The potassium sulphate products offered by the manufacturers are in line with current trend of applications of the products such as in specialty fertilizers, lubricants for wire drawing, production of insulin, and extraction of precious metals such as biobleaching.
Potassium sulphate is manufactured by extraction of potassium and sulphate ions from natural ores or brines by evaporation or chemical methods. The common methods used for extraction of potassium sulphate are salt lake brine processing, sulphate salts reaction and Mannheim process. Potassium salt derived by the process of salt lake brine processing is cheap as compared to other methods. The average manufacturing cost of potassium sulphate by salt lakes brine processing is approximately US$ 200/ ton, the average cost of production by sulphate salts reaction is US$ 300/ton and the average cost of production by Mannheim process is US$ 400 to 550/ton. 


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Fragmented Market
The Global potassium sulphate market is highly fragmented due to the participation of many established and emerging players in the industry. Major players involved in the market include K+G Kali Gmbh (Germany), Tessenderlo Group (Belgium), Great Salt Minerals Corporation (U.S.), SDIC Xinjiang Luobupo Potash (China), SQM (Chile), Yara International (Norway), Rusal (Russia), Compass Minerals (U.S.), Guotou Xinjiang LuoBuPo Potassium Salt (China), Sesoda (Taiwan)

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