Enjoy complimentary customisation on priority with our Enterprise License!
Some of the key findings from our potassium chlorate market forecast report are summarized below
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
The demand for wood pulp for manufacturing paper and paperboard is increasing. Potassium chloride is used to produce chlorine oxide, which is widely used as a bleaching agent in the pulp and paper industry. Chlorine oxide is used to bleach wood pulp for manufacturing high-quality and environment-friendly white paper products. The demand for potassium chlorate is high in the pulp and paper industry because of its wide availability and cost-effectiveness. Thus, the growth of the pulp and paper industry is one of the key potassium chlorate market trends that will fuel its growth in the coming years.
The demand for potassium chlorate is increasing from several end-user industries. The demand can be attributed to factors such as the rising need for explosives in the defense industry, increasing use of potassium-chlorate based pesticides, and growing requirement for smoke grenades. Potassium chlorate is also used in laboratories and educational institutions to produce oxygen. Moreover, potassium chlorate is used for manufacturing chlorine oxide, which is a powerful disinfectant and widely used in drinking water to eliminate disease-causing bacteria, viruses, protozoa, and odor-causing compounds. The increasing demand for potassium chlorate from end-user industries will drive the growth of the market at a CAGR of almost 4% during the forecast period.
The global potassium chlorate market is fragmented. To help clients improve their market positions, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. This potassium chlorate market research report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies in creating strategies to make most of the upcoming growth opportunities.
The report offers a detailed analysis of several leading potassium chlorate manufacturers, including:
The explosives and matchstick manufacturing segment will account for the highest potassium chlorate market share. Potassium chlorate is used for manufacturing explosives and matchstick. Therefore, the rising demand for mining explosives and increasing production of matchsticks will fuel the demand for potassium chlorate. The report provides an accurate prediction of the contribution of all the segments to the growth of the potassium chlorate market size.
With a complete study of the growth opportunities for the companies, it has been identified that North America will account for the highest share of the potassium chlorate market throughout the forecast period. Factors such as increasing demand for explosives and rising consumption of pulp, paper, and paperboard, and agricultural pesticides are contributing to the potassium chlorate market growth in this region.
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY APPLICATION
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
PART 15: EXPLORE TECHNAVIO
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.