India Potassium Carbonate Market Analysis: Plant, Demand & Supply, Technology, Competition, Trade, Market Analysis, 2030

Format: Online | Last Updated: Feb 2020

[Online Quarterly Update] Potassium Carbonate demand in India grew at a CAGR of around 5.35% during 2013-2019 and is anticipated to achieve a healthy growth rate during the forecast years. Increasing consumption of Potassium Carbonate in pharmaceutical and fertilizer applications along with its usage as a raw material in electronic industry is anticipated to spur the demand for Potassium Carbonate in India. The total installed capacity of Potassium Carbonate in India is around 23 KT per annum whereas its demands exceeds 25 KT. With ever-increasing demand from pharmaceuticals industry, electronics and agriculture sector, this demand and supply gap is expected to widen in the coming years. Hence, to boost the domestic production of Potassium Carbonate, government imposed anti-dumping duty on Taiwan and South Korea in 2015. Potassium Carbonate demand is anticipated to accelerate over the next couple of quarters with expansion of end user industries such as electronics and pharmaceuticals.
Potassium Carbonate that comes under the category of bulk chemicals and fertilizers is mainly manufactured by Bertrams, Switzerland process technology, synthesizing Caustic Potash as a raw material. Therefore, the demand and supply for Potassium Carbonate is primarily dependent on the availability of Caustic Potash. Use of Potassium Carbonate in dyes and solvents is also gaining popularity and preference and is expected to contribute to the market growth over the next five years.
Years Considered for this Report:
Historical Years: 2013 – 2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021 – 2030
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Objective of the Study:
•        The primary objective of the study was to evaluate and forecast Potassium Carbonate capacity, production,
          demand, inventory, and demand – supply gap in India. 
•        To categorize Potassium Carbonate demand based on end use, region and sales channel.
•        To study trade dynamics and company share in India Potassium Carbonate market.
•        To identify major customers of Potassium Carbonate in India.
•        To evaluate and forecast Potassium Carbonate pricing in India Potassium Carbonate market.
•        To identify and profile major companies operating in India Potassium Carbonate market.
•        To identify major news, deals and expansion plans in India Potassium Carbonate market.
Report Scope:
In this report, India Potassium Carbonate market has been segmented into following categories:
Gujarat Alkalis and Chemicals Limited (GACL) and Andhra Sugars Limited are the leading manufacturers of Potassium Carbonate in India.
As of 2019, import of Potassium Carbonate increased by 11.5 per on y-o-y basis and Potassium Carbonate prices were assessed at INR XXX per MT on bulk contract basis.
To extract data for India Potassium Carbonate market, primary research surveys were conducted with Potassium Carbonate manufacturers, suppliers, distributors, wholesalers and end users. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various end user segments and projected a positive outlook for India Potassium Carbonate market over the coming years.
ChemAnalyst calculated Potassium Carbonate demand in India by analyzing the historical data and demand forecast was carried out considering its end users. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
•      Potassium Carbonate manufacturers, suppliers and other stakeholders
•      Organizations, forums and alliances related to Potassium Carbonate distribution
•      Government bodies such as regulating authorities and policy makers
•      Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as Potassium Carbonate manufacturers, distributors and policy makers. The report also provides useful insights about which market segments should be targeted over the coming years to strategize investments and capitalize on growth opportunities.
Available Customizations:
With the given market data, ChemAnalyst offers customizations according to a company’s specific needs.
In case you can’t find what, you are looking for then please get in touch with our custom research

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