+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Europe Potassium Nitrate Market Size, Share & Trends Analysis Report By Raw Material (Potassium Chloride, Ammonium Nitrate, and Sodium Nitrate), By End-Use, By Country and Growth Forecast, 2023 - 2030

  • PDF Icon

    Report

  • 96 Pages
  • March 2024
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5953685
The Europe Potassium Nitrate Market would witness market growth of 3.7% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 584.88 kilo tonnes, showcasing a growth of 0.9% (2019-2022).

Potassium Chloride serves as a primary raw material in the production of Potassium Nitrate, making its availability and pricing pivotal factors influencing the dynamics of the market. As Potassium Nitrate is widely used in agriculture, food preservation, and industrial applications, the demand for Potassium Chloride directly impacts the production and pricing of Potassium Nitrate. Thus, the Germany market utilized 94.59 kilo tonnes of Potassium Chloride in 2022.



The Germany market dominated the Europe Potassium Nitrate Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $101.2 Million by 2030. The UK market is experiencing a CAGR of 2.8% during (2023 - 2030). Additionally, The France market would exhibit a CAGR of 4.4% during (2023 - 2030).

It is a versatile compound with various applications across various industries. Its unique properties and chemical composition have made it indispensable in agriculture, food processing, pharmaceuticals, and industrial manufacturing. Owing to its unique chemical properties and functionalities, it finds diverse applications across multiple industries. In agriculture, it is a key component in fertilizers, offering a balanced source of potassium and nitrogen essential for plant growth and development.

Moreover, due to its oxidizing properties and high combustion efficiency, it is employed in the production of explosives, pyrotechnics, and fireworks. Its inclusion in gunpowder formulations dates back centuries, and it plays a pivotal role in military operations, mining activities, and civil engineering projects. Additionally, it is used in manufacturing specialty chemicals, catalysts, and corrosion inhibitors, contributing to diverse industrial applications and technological advancements.

As per the data from Eurostat, the value of the output produced by the EU's agricultural industry was €537.5 billion in 2022. More than one-half (57.3 %) of the total output value of the EU's agricultural industry came from France (€97.1 billion), Germany (€76.2 billion), Italy (€71.5 billion), and Spain (€63.0 billion). The next grouping of EU Member States was Poland (€39.5 billion), the Netherlands (€36.1 billion) and Romania (€22.2 billion). Therefore, the rising agriculture sector in Europe will boost the demand for potassium nitrate in the coming years.

Based on Raw Material, the market is segmented into Potassium Chloride, Ammonium Nitrate, and Sodium Nitrate. Based on End-Use, the market is segmented into Agriculture, Pharmaceutical, Food & Beverage, Glass Manufacturing, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

  • AG CHEMI GROUP s.r.o.
  • Positive Chemicals Pvt. Ltd.
  • Arihant Chemical
  • Ravi Chem Industries
  • Jagannath Chemicals
  • SQM S.A.
  • SNDB
  • Haifa Negev technologies Ltd.
  • KEMAPCO Arab Fertilizers & Chemicals Industries Ltd. (Arab Potash Company)
  • Zhejiang Lianda Chemical Co Ltd

Market Report Segmentation

By Raw Material (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Potassium Chloride
  • Ammonium Nitrate
  • Sodium Nitrate
By End-Use (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Agriculture
  • Pharmaceutical
  • Food & Beverage
  • Glass Manufacturing
  • Others
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Potassium Nitrate Market, by Raw Material
1.4.2 Europe Potassium Nitrate Market, by End-Use
1.4.3 Europe Potassium Nitrate Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. Europe Potassium Nitrate Market by Raw Material
4.1 Europe Potassium Chloride Market by Country
4.2 Europe Ammonium Nitrate Market by Country
4.3 Europe Sodium Nitrate Market by Country
Chapter 5. Europe Potassium Nitrate Market by End-Use
5.1 Europe Agriculture Market by Country
5.2 Europe Pharmaceutical Market by Country
5.3 Europe Food & Beverage Market by Country
5.4 Europe Glass Manufacturing Market by Country
5.5 Europe Others Market by Country
Chapter 6. Europe Potassium Nitrate Market by Country
6.1 Germany Potassium Nitrate Market
6.1.1 Germany Potassium Nitrate Market by Raw Material
6.1.2 Germany Potassium Nitrate Market by End-Use
6.2 UK Potassium Nitrate Market
6.2.1 UK Potassium Nitrate Market by Raw Material
6.2.2 UK Potassium Nitrate Market by End-Use
6.3 France Potassium Nitrate Market
6.3.1 France Potassium Nitrate Market by Raw Material
6.3.2 France Potassium Nitrate Market by End-Use
6.4 Russia Potassium Nitrate Market
6.4.1 Russia Potassium Nitrate Market by Raw Material
6.4.2 Russia Potassium Nitrate Market by End-Use
6.5 Spain Potassium Nitrate Market
6.5.1 Spain Potassium Nitrate Market by Raw Material
6.5.2 Spain Potassium Nitrate Market by End-Use
6.6 Italy Potassium Nitrate Market
6.6.1 Italy Potassium Nitrate Market by Raw Material
6.6.2 Italy Potassium Nitrate Market by End-Use
6.7 Rest of Europe Potassium Nitrate Market
6.7.1 Rest of Europe Potassium Nitrate Market by Raw Material
6.7.2 Rest of Europe Potassium Nitrate Market by End-Use
Chapter 7. Company Profiles
7.1 AG CHEMI GROUP s r. o.
7.1.1 Company Overview
7.1.2 SWOT Analysis
7.2 Positive Chemicals Pvt. Ltd.
7.2.1 Company Overview
7.3 Arihant Chemical
7.3.1 Company Overview
7.4 Ravi Chem Industries
7.4.1 Company Overview
7.5 Jagannath Chemicals
7.5.1 Company Overview
7.6 SQM S.A.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.7 SNDB
7.7.1 Company Overview
7.8 Haifa Negev technologies Ltd.
7.8.1 Company Overview
7.9 KEMAPCO Arab Fertilizers & Chemicals Industries Ltd. (Arab Potash Company)
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.10. Zhejiang Lianda Chemical Co Ltd
7.10.1 Company Overview

Companies Mentioned

  • AG CHEMI GROUP s.r.o.
  • Positive Chemicals Pvt. Ltd.
  • Arihant Chemical
  • Ravi Chem Industries
  • Jagannath Chemicals
  • SQM S.A.
  • SNDB
  • Haifa Negev technologies Ltd.
  • KEMAPCO Arab Fertilizers & Chemicals Industries Ltd. (Arab Potash Company)
  • Zhejiang Lianda Chemical Co Ltd

Methodology

Loading
LOADING...