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Potassium Dihydrogen Phosphate Market Report and Forecast 2023-2028

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    Report

  • 170 Pages
  • October 2023
  • Region: Global
  • Expert Market Research
  • ID: 5897897
According to the report, the global potassium dihydrogen phosphate market is being aided by the fertilizer industry growth. Aided by its versatile applications in various sectors, including agriculture, food and beverages, and pharmaceuticals, the fertilizer industry is expected to grow significantly by 2028.

Potassium Dihydrogen Phosphate is an inorganic compound primarily used as a fertiliser, feed additive, and buffering agent. It plays an indispensable role in crop yield improvement and soil nutrient management. Besides its agricultural benefits, KDP is crucial in food processing as an emulsifying and stabilising agent. In pharmaceuticals, it is used for buffering solutions and as a reagent.

The burgeoning need for high-yield crops to meet the food requirements of a growing global population is one of the principal potassium dihydrogen phosphate market growth drivers. As an effective fertiliser, Potassium Dihydrogen Phosphate enhances the root development, resistance to diseases, and overall vitality of the plant. The compound is critical to modern farming techniques that seek to maximize output while maintaining soil health.

KDP is often used as a food additive, functioning as an acidity regulator and as a stabiliser in processed foods. The booming food and beverage industry, with its ever-increasing array of packaged foods, is hence a significant contributor to the potassium dihydrogen phosphate market size. KDP ensures product consistency, enhances texture, and extends shelf life, key attributes sought by food processors.

In the pharmaceutical sector, KDP is essential for stabilising the pH of solutions, and is often used in the preparation of buffer solutions. With the ongoing growth in the pharmaceutical sector, especially in developing economies, the demand for KDP for drug formulation and other applications is expected to rise steadily, propelling the potassium dihydrogen phosphate market demand. Beyond these sectors, Potassium Dihydrogen Phosphate has niche applications in metal treatment, water treatment, and even in the optical industry for the manufacturing of specialty glass.

Innovation and research focused on creating more sustainable and effective forms of Potassium Dihydrogen Phosphate will drive the market in the coming years. The rise of precision agriculture and the increased scrutiny on food safety and quality are likely to contribute to the potassium dihydrogen phosphate market expansion significantly.

Market Segmentation

The market can be divided based on application, end use, and region.

Market Breakup by Application

  • Fungicide
  • Buffering Agent
  • Food Additive
  • Photo-Optic
  • Nutrition
  • Others

Market Breakup by End Use

  • Agriculture
  • Food and Beverages
  • Chemicals
  • Pharmaceuticals
  • Opto-Electronics
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global potassium dihydrogen phosphate market.

Some of the major players explored in the report are as follows:

  • Haifa Group
  • Sichuan Shucan Chemical Co., Ltd.
  • Annexe Chem Pvt. Ltd.
  • M.M.Arochem Pvt Ltd
  • Changsha Green Mountain Chemical Co., Ltd.
  • Others

About the Analyst

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The analyst always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Potassium Dihydrogen Phosphate Market Analysis
8.1 Key Industry Highlights
8.2 Global Potassium Dihydrogen Phosphate Historical Market (2018-2022)
8.3 Global Potassium Dihydrogen Phosphate Market Forecast (2023-2028)
8.4 Global Potassium Dihydrogen Phosphate Market by Application
8.4.1 Fungicide
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Buffering Agent
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Food Additive
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.4.4 Photo-Optic
8.4.4.1 Historical Trend (2018-2022)
8.4.4.2 Forecast Trend (2023-2028)
8.4.5 Nutrition
8.4.5.1 Historical Trend (2018-2022)
8.4.5.2 Forecast Trend (2023-2028)
8.4.6 Others
8.5 Global Potassium Dihydrogen Phosphate Market by End Use
8.5.1 Agriculture
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Food and Beverages
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Chemicals
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Pharmaceuticals
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.5.5 Opto-Electronics
8.5.5.1 Historical Trend (2018-2022)
8.5.5.2 Forecast Trend (2023-2028)
8.5.6 Others
8.6 Global Potassium Dihydrogen Phosphate Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2022)
8.6.5.2 Forecast Trend (2023-2028)
9 North America Potassium Dihydrogen Phosphate Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Potassium Dihydrogen Phosphate Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Potassium Dihydrogen Phosphate Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Potassium Dihydrogen Phosphate Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Potassium Dihydrogen Phosphate Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2022) & Forecast (2023-2028)
16.2 Europe Historical Price Trends (2018-2022) & Forecast (2023-2028)
16.3 Asia Pacific Historical Price Trends (2018-2022) & Forecast (2023-2028)
16.4 Latin America Historical Price Trends (2018-2022) & Forecast (2023-2028)
16.5 Middle East & Africa Historical Price Trends (2018-2022) & Forecast (2023-2028)
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Haifa Group
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Sichuan Shucan Chemical Co., Ltd.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Annexe Chem Pvt. Ltd.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 M.M.Arochem Pvt Ltd
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Changsha Green Mountain Chemical Co., Ltd.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Others
18 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operations Involved
2 Project Requirements and Cost Analysis
2.1 Land, Location, and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investments
List of Key Figures and Tables
1. Global Potassium Dihydrogen Phosphate Market: Key Industry Highlights, 2018 and 2032
2. Global Potassium Dihydrogen Phosphate Historical Market: Breakup by Application (USD Billion), 2018-2022
3. Global Potassium Dihydrogen Phosphate Market Forecast: Breakup by Application (USD Billion), 2023-2028
4. Global Potassium Dihydrogen Phosphate Historical Market: Breakup by End Use (USD Billion), 2018-2022
5. Global Potassium Dihydrogen Phosphate Market Forecast: Breakup by End Use (USD Billion), 2023-2028
6. Global Potassium Dihydrogen Phosphate Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Potassium Dihydrogen Phosphate Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Potassium Dihydrogen Phosphate Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Potassium Dihydrogen Phosphate Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Potassium Dihydrogen Phosphate Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Potassium Dihydrogen Phosphate Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Potassium Dihydrogen Phosphate Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Potassium Dihydrogen Phosphate Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Potassium Dihydrogen Phosphate Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Potassium Dihydrogen Phosphate Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Potassium Dihydrogen Phosphate Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Potassium Dihydrogen Phosphate Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. North America Historical Price Trends and Forecast 2018-2028
19. Europe Historical Price Trends and Forecast 2018-2028
20. Asia Pacific Historical Price Trends and Forecast 2018-2028
21. Latin America Historical Price Trends and Forecast 2018-2028
22. Middle East and Africa Historical Price Trends and Forecast 2018-2028
23. Global Potassium Dihydrogen Phosphate Market Structure

Companies Mentioned

  • Haifa Group
  • Sichuan Shucan Chemical Co. Ltd.
  • Annexe Chem Pvt. Ltd.
  • M.M.Arochem Pvt Ltd
  • Changsha Green Mountain Chemical Co. Ltd.

Methodology

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Table Information