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Global Monopotassium Phosphate Market: By Form: Powder, Crystal, Liquid; By Application: Food and Beverage, Personal Care, Pharmaceuticals, Cosmetic and Personal Care, Animal Feed, Others; Regional Analysis; Historical Market and Forecast (2015-2025); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Monopotassium Phosphate Market Outlook

The global monopotassium phosphate market witnessed a healthy growth in the historical period of 2015-2019. The global market is expected to grow at a CAGR of 3.5% in the forecast period of 2020-2025.

 

Europe is a Significant Market for the Monopotassium Phosphate Industry, Bolstered by the Growing Demand from the Personal Care Industry

Region-wise, Europe is expected to be a significant market for monopotassium phosphate. This can be attributed to the growing demand from the personal care and hydroponic agricultural industries. Europe is also a significant hub for the pharmaceutical industry, which is expected to enhance the market growth of monopotassium phosphate. North America is also expected to be a significant market for the product due to its large feed additive demand and increasing pharmaceutical industry. The Asia Pacific region is anticipated to witness a faster growth rate in the forecast period as a result of the growing industry for both agricultural and pharmaceutical, which will boost the demand for raw materials like monopotassium phosphate in the region. Further, the Latin America region is expected to grow fairly well as the major countries within the region are heavily investing in personal care and agricultural industry. This is estimated to enhance the production activity and, consequently, the market for monopotassium phosphate in the forecast period.

 

Monopotassium Phosphate: Industry Definition and Segmentation

Monopotassium phosphate refers to the soluble salt of dihydrogen phosphate as well as potassium ion. The chemical is a source of phosphorus and potassium for animals, including humans and plants.

On the basis of form, the market is divided into:

  • Powder
  • Crystal
  • Liquid

Based on application, the industry can be segmented into:

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Rising Usage of the Product as Buffering Agents to Aid the Global Market Growth of Monopotassium Phosphate

The market for monopotassium phosphate is being driven by the usage of the product as buffering agents in various chemical reactions in the industry. The market is further being aided by the rising demand for feed as the product is a good source of ammonium phosphate in feed. The product is usually mixed with urea to enhance the effectiveness of the feed as it maintains soil pH and decreases the loss of feed used in the soil. Moreover, the product is used in various industrial applications such as cosmetics and personal care, nutraceutical, and other industrial applications.

 

Key Industry Players in the Global Monopotassium Phosphate Market

The report gives a detailed analysis of the following key players in the global monopotassium phosphate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Master Plant-Prod Inc.
  • Prayon S.A.
  • Arihant Chemical Industries
  • Ava Chemicals Private Limited 
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

1    Preface
2    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    Industry Opportunities and Challenges
8    Global Monopotassium Phosphate Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Monopotassium Phosphate Historical Market (2015-2019) 
    8.3    Global Monopotassium Phosphate Market Forecast (2020-2025)
    8.4    Global Monopotassium Phosphate Market by Form
        8.4.1    Powder
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2015-2019)
            8.4.1.3    Forecast Trend (2020-2025)
        8.4.2    Crystal
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2015-2019)
            8.4.2.3    Forecast Trend (2020-2025)
        8.4.3    Liquid
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2015-2019)
            8.4.3.3    Forecast Trend (2020-2025)
    8.5    Global Monopotassium Phosphate Market by Application
        8.5.1    Food and Beverage 
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2015-2019)
            8.5.1.3    Forecast Trend (2020-2025)
        8.5.2    Personal Care
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2015-2019)
            8.5.2.3    Forecast Trend (2020-2025)
        8.5.3    Pharmaceuticals
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2015-2019)
            8.5.3.3    Forecast Trend (2020-2025)
        8.5.4    Cosmetic and Personal Care
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2015-2019)
            8.5.4.3    Forecast Trend (2020-2025)
        8.5.5    Animal Feed
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2015-2019)
            8.5.5.3    Forecast Trend (2020-2025)
        8.5.6    Others
    8.6    Global Monopotassium Phosphate Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2015-2019)
        9.1.2    Forecast Trend (2020-2025)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2015-2019)
        9.2.2    Forecast Trend (2020-2025)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2015-2019)
        9.3.2    Forecast Trend (2020-2025)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2015-2019)
        9.4.2    Forecast Trend (2020-2025)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2015-2019)
        9.5.2    Forecast Trend (2020-2025)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2015-2019) & Forecast (2020-2025)
    12.2    Europe Historical Price Trends (2015-2019) & Forecast (2020-2025)
    12.3    Asia Pacific Historical Price Trends (2015-2019) & Forecast (2020-2025)
    12.4    Latin America Historical Price Trends (2015-2019) & Forecast (2020-2025)
    12.5    Middle East & Africa Historical Price Trends (2015-2019) & Forecast (2020-2025)
13    Competitive Landscape
    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    Master Plant-Prod Inc.
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    Prayon S.A.
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Arihant Chemical Industries
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    Ava Chemicals Private Limited 
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    Others
14    Industry Events and Developments

 

List of Figures and Tables

1.    Global Monopotassium Phosphate Market: Key Industry Highlights, 2015 and 2025
2.    Global Monopotassium Phosphate Historical Market: Breakup by Form (USD Million), 2015-2019
3.    Global Monopotassium Phosphate Market Forecast: Breakup by Form (USD Million), 2020-2025
4.    Global Monopotassium Phosphate Historical Market: Breakup by Application (USD Million), 2015-2019
5.    Global Monopotassium Phosphate Market Forecast: Breakup by Application (USD Million), 2020-2025
6.    Global Monopotassium Phosphate Historical Market: Breakup by Region (USD Million), 2015-2019
7.    Global Monopotassium Phosphate Market Forecast: Breakup by Region (USD Million), 2020-2025
8.    North America Monopotassium Phosphate Historical Market: Breakup by Country (USD Million), 2015-2019
9.    North America Monopotassium Phosphate Market Forecast: Breakup by Country (USD Million), 2020-2025
10.    Europe Monopotassium Phosphate Historical Market: Breakup by Country (USD Million), 2015-2019
11.    Europe Monopotassium Phosphate Market Forecast: Breakup by Country (USD Million), 2020-2025
12.    Asia Pacific Monopotassium Phosphate Historical Market: Breakup by Country (USD Million), 2015-2019
13.    Asia Pacific Monopotassium Phosphate Market Forecast: Breakup by Country (USD Million), 2020-2025
14.    Latin America Monopotassium Phosphate Historical Market: Breakup by Country (USD Million), 2015-2019
15.    Latin America Monopotassium Phosphate Market Forecast: Breakup by Country (USD Million), 2020-2025
16.    Middle East and Africa Monopotassium Phosphate Historical Market: Breakup by Country (USD Million), 2015-2019
17.    Middle East and Africa Monopotassium Phosphate Market Forecast: Breakup by Country (USD Million), 2020-2025
18.    North America Historical Price Trends and Forecast 2015-2025
19.    Europe Historical Price Trends and Forecast 2015-2025
20.    Asia Pacific Historical Price Trends and Forecast 2015-2025
21.    Latin America Historical Price Trends and Forecast 2015-2025
22.    Middle East and Africa Historical Price Trends and Forecast 2015-2025
23.    Global Monopotassium Phosphate Market Structure

Key Questions Answered in the Report

The global monopotassium phosphate market is projected to grow at a CAGR of 3.5% between 2020 and 2025.

The major drivers of the industry, such as rising disposable incomes, increasing population, growing demand for feed, rising demand from the personal care and hydroponic agricultural industries, and growing pharmaceutical industry, are expected to aid the market growth.

The key trend guiding the growth of the market includes the rising usage of the product as buffering agents in various chemical reactions.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading forms of monopotassium phosphate in the market are powder, crystal, and liquid.

The major application segments in the market are food and beverage, personal care, pharmaceuticals, cosmetic and personal care, and animal feed, among others.

The major players in the industry are Master Plant-Prod Inc., Prayon S.A., Arihant Chemical Industries, and Ava Chemicals Private Limited, among others.

Analyst Review

The global monopotassium phosphate market is being driven by the rising demand for feed additives. Aided by the growing demand from the application segments, the market is expected to witness a further growth in the forecast period of 2020-2025, growing at a CAGR of 3.5%.

EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on form, the market is segmented into powder, crystal, and liquid. On the basis of application, the market is divided into food and beverage, personal care, pharmaceuticals, cosmetic and personal care, and animal feed, among others. The major regional markets for monopotassium phosphate are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Master Plant-Prod Inc., Prayon S.A., Arihant Chemical Industries, and Ava Chemicals Private Limited, among others.

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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