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Global Monopotassium Phosphate Market: By Form: Powder, Crystal, Liquid; By Application: Food and Beverage, Pharmaceuticals, Cosmetic and Personal Care, Animal Feed, Others; Regional Analysis; Historical Market and Forecast (2018-2028); 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 2018-2022. The global market is expected to grow at a CAGR of 3.5% in the forecast period of 2023-2028.

 

Monopotassium Phosphate Market

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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 Market by Application

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Monopotassium Phosphate: Market 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.

 

Monopotassium Phosphate Market by Region

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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 market based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Form, Application, Region
Breakup by Form Powder, Crystal, Liquid
Breakup by Application Food and Beverage, Pharmaceuticals, Cosmetic and Personal Care, Animal Feed, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Master Plant-Prod Inc., Prayon S.A., Arihant Chemical Industries, Ava Chemicals Private Limited, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

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    Opportunities and Challenges in the Market
8    Global Monopotassium Phosphate Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Monopotassium Phosphate Historical Market (2018-2022) 
    8.3    Global Monopotassium Phosphate Market Forecast (2023-2028)
    8.4    Global Monopotassium Phosphate Market by Form
        8.4.1    Powder
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Crystal
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Liquid
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2022)
            8.4.3.3    Forecast Trend (2023-2028)
    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 (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Pharmaceuticals
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Cosmetic and Personal Care
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Animal Feed
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022)
            8.5.4.3    Forecast Trend (2023-2028)
        8.5.5    Others   
    8.6    Global Monopotassium Phosphate Market by Region
        8.6.1    North America
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Europe
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    Asia Pacific
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
        8.6.4    Latin America
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2017-2021)
            8.6.4.3    Forecast Trend (2022-2027)
        8.6.5    Middle East and Africa
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2017-2021)
            8.6.5.3    Forecast Trend (2022-2027)
9    North America Monopotassium Phosphate Market Analysis
    9.1    United States of America
        9.1.1    Market Share
        9.1.2    Historical Trend (2017-2021)
        9.1.3    Forecast Trend (2022-2027)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2017-2021)
        9.2.3    Forecast Trend (2022-2027)
10    Europe Monopotassium Phosphate Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2017-2021)
        10.1.3    Forecast Trend (2022-2027)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2017-2021)
        10.2.3    Forecast Trend (2022-2027)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2017-2021)
        10.3.3    Forecast Trend (2022-2027)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2017-2021)
        10.4.3    Forecast Trend (2022-2027)
    10.5    Others
11    Asia Pacific Monopotassium Phosphate Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2017-2021)
        11.1.3    Forecast Trend (2022-2027)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2017-2021)
        11.2.3    Forecast Trend (2022-2027)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2017-2021)
        11.3.3    Forecast Trend (2022-2027)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2017-2021)
        11.4.3    Forecast Trend (2022-2027)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2017-2021)
        11.5.3    Forecast Trend (2022-2027)
    11.6    Others
12    Latin America Monopotassium Phosphate Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2017-2021)
        12.1.3    Forecast Trend (2022-2027)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2017-2021)
        12.2.3    Forecast Trend (2022-2027)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2017-2021)
        12.3.3    Forecast Trend (2022-2027)
    12.4    Others
13    Middle East and Africa Monopotassium Phosphate Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2017-2021)
        13.1.3    Forecast Trend (2022-2027)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2017-2021)
        13.2.3    Forecast Trend (2022-2027)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2017-2021)
        13.3.3    Forecast Trend (2022-2027)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2017-2021)
        13.4.3    Forecast Trend (2022-2027)
    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     Master Plant-Prod Inc.
            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    Prayon S.A.
            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    Arihant Chemical Industries
            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    Ava Chemicals Private Limited 
            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    Others
18    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Monopotassium Phosphate Market: Key Industry Highlights, 2018 and 2028
2.    Global Monopotassium Phosphate Historical Market: Breakup by Form (USD Million), 2018-2022
3.    Global Monopotassium Phosphate Market Forecast: Breakup by Form (USD Million), 2023-2028
4.    Global Monopotassium Phosphate Historical Market: Breakup by Application (USD Million), 2018-2022
5.    Global Monopotassium Phosphate Market Forecast: Breakup by Application (USD Million), 2023-2028
6.    Global Monopotassium Phosphate Historical Market: Breakup by Region (USD Million), 2018-2022
7.    Global Monopotassium Phosphate Market Forecast: Breakup by Region (USD Million), 2023-2028
8.    North America Monopotassium Phosphate Historical Market: Breakup by Country (USD Million), 2018-2022
9.    North America Monopotassium Phosphate Market Forecast: Breakup by Country (USD Million), 2023-2028
10.    Europe Monopotassium Phosphate Historical Market: Breakup by Country (USD Million), 2018-2022
11.    Europe Monopotassium Phosphate Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Asia Pacific Monopotassium Phosphate Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Asia Pacific Monopotassium Phosphate Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Latin America Monopotassium Phosphate Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Latin America Monopotassium Phosphate Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Middle East and Africa Monopotassium Phosphate Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Middle East and Africa Monopotassium Phosphate Market Forecast: Breakup by Country (USD Million), 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 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 2021 and 2026.

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, 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 2023-2028, 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, 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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