The global potassium chlorate market is estimated to grow during the forecast period 2020-2025 at a CAGR of 5%. The potassium chlorate market is driven by the increasing demand for wood pulp to manufacture paper and paperboard. The product is used in the production of chlorine oxide, which is primarily used as a bleaching agent in the pulp and paper industry. The cost-effectiveness and wide availability of potassium chlorate have led to a considerable demand for the same. Thus, the rising pulp and paper industry will aid the market growth of potassium chlorate in the forecast period.
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Properties and Applications
Potassium chlorate is a versatile chemical compound that is commonly used in across multiple industries. It usually occurs as a white or colourless, crystalline, water-soluble solid. It is the most popular commercial use of chlorate. It is primarily used as an oxidizing agent in the manufacturing of flares, bombs, matches, disinfectants, bleaches, and potassium chlorate. Potassium chlorate is a heavy oxidant and readily reacts with compounds of sulphur, carbon, phosphorus, and organic matter.
The potassium chlorate market can be broadly categorised based on application:
The EMR report looks into the regional potassium chlorate markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
Many end-user industries are witnessing an increasing demand for potassium chlorate, which is aiding the potassium chlorate market growth. The demand can be due to several factors, such as the increasing demand for explosives in the defence industry, the rising use of pesticides, and the growing demand for smoke grenades. Potassium chlorate is also used to produce oxygen for laboratories and educational institutions. Also, potassium chlorate is used in the manufacture of chlorine oxide, a potent disinfectant that is commonly used in drinking water to kill disease-causing bacteria, viruses, protozoa, and odour-causing compounds.
The report presents a detailed analysis of the following key players in the global potassium chlorate market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the potassium chlorate market by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.
Key Questions Answered in the Market Report:
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.5 Market Models
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Potassium Chlorate Market Analysis
6.1 Global Potassium Chlorate Market (2015-2019) & Forecast (2020-2025)
6.2 Global Potassium Chlorate Market Breakup by Application
6.2.1 Explosives and Matchstick Manufacturing
6.3 Global Potassium Chlorate Market Breakup by Application: Historical Market (2015-2019) & Forecast (2020-2025)
6.3.1 Explosives and Matchstick Manufacturing
6.4 Global Potassium Chlorate Market by Region
6.4.1 North America
18.104.22.168 United States of America
22.214.171.124 United Kingdom
6.4.3 Asia Pacific
6.4.4 Latin America
6.4.5 Middle East & Africa
126.96.36.199 Saudi Arabia
188.8.131.52 United Arab Emirates
184.108.40.206 South Africa
6.5 Global Potassium Chlorate Market by Region: Historical Market (2015-2019) & Forecast (2020-2025)
6.5.1 North America
220.127.116.11 United States of America
18.104.22.168 United Kingdom
6.5.3 Asia Pacific
6.5.4 Latin America
6.5.5 Middle East & Africa
22.214.171.124 Saudi Arabia
126.96.36.199 United Arab Emirates
188.8.131.52 South Africa
7 SWOT Analysis
8 Porter’s Five Forces Analysis
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
9 Regional Price Analysis
9.1 North America Historical Price Trends (2015-2019) & Forecast (2020-2025)
9.2 Europe Historical Price Trends (2015-2019) & Forecast (2020-2025)
9.3 Asia Pacific Historical Price Trends (2015-2019) & Forecast (2020-2025)
9.4 Latin America Historical Price Trends (2015-2019) & Forecast (2020-2025)
9.5 Middle East & Africa Historical Price Trends (2015-2019) & Forecast (2020-2025)
10 Competitive Landscape & Supplier Analysis
10.1 Chenzhou Chenxi Metal Co. Ltd.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.2 Merck KGaA (ETR: MRK)
10.2.1 Company Overview
10.2.2 Financial Analysis
10.3 Nouryon Chemicals Holding BV
10.3.1 Company Overview
10.3.2 Financial Analysis
10.4 Pangea Chemicals Pvt. Ltd.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.5 Sandvik AB (STO: SAND)
10.5.1 Company Overview
10.5.2 Financial Analysis
11 Events and Developments
Additional Customization Available:
12 Feedstock Analysis
13 Procurement Strategy
13.1 Value Chain Analysis
13.2 Contract Terms
13.3 Buying and Sourcing Trends
13.4 Storage and Warehousing
13.5 Certifications and Regulations
13.6 Risk Factors
14 Trade Data Analysis
14.1 Major Exporting Countries: By Value and Volume
14.2 Major Importing Countries: By Value and Volume
15 Manufacturing Process
15.1 Detailed Process Flow
15.2 Operations Involved
15.3 Mass Balance
16 Cost Analysis and Project Economics
16.1 Land, Location and Site Development
16.3 Plant Machinery
16.4 Cost of Raw Material
16.9 Other Capital Investment
17 Production Cost Analysis
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