Reports
Global Potassium Permanganate Market Size, Forecast: By Grade: Free Flowing Grade, Technical Grade, Pharmaceutical Grade; By Application: Water Treatment, Waste Water Treatment, Chemicals Manufacturing, Aquaculture, Metal Processing, Air and Gas Purification, Others; Regional Analysis; Competitive Landscape; 2024-2032
Global Potassium Permanganate Market Outlook
The global potassium permanganate market reached a value of USD 1,111.79 million in 2023. The market is expected to grow in the forecast period of 2024-2032 at a CAGR of 10.3% to attain a value of USD 2,686.58 million by 2032.
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The global potassium permanganate market is being driven by a growing health awareness among the consumers as well as various government initiatives worldwide focussing on the supply of treated soft water, and the disposal of wastewater.
The market is being aided by a growing market for the product’s feedstock, potassium hydroxide (KOH). In 2020, the global capacity of potassium hydroxide was estimated to be 2.6 million tons, growing at a CAGR of 4.5% in between 2018-2023.
The global demand for KOH was around 2.2 million tons with a 88% capacity utilization in 2017. The market for potassium hydroxide will see robust growth in its demand, growing at a CAGR of 11% till 2026, to reach a value of USD 1136 million.
Properties and Applications
Potassium permanganate, also known as Condy’s crystals or permanganate of potash, is a dark purple coloured salt with the chemical formula of KMnO4. It is made of K+ and MnO4− ions and comprises of odourless and sweet tasting crystals which are soluble in alcohol and water. In the industrial level, it is manufactured by drying the suspension which is produced by mixing manganese dioxide in potassium hydroxide solution.
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Based on grade, the industry can be segmented as follows:
- Free Flowing Grade
- Technical Grade
- Pharmaceutical Grade
It finds wide applications in the following sectors:
- Water Treatment
- Waste Water Treatment
- Chemicals Manufacturing
- Aquaculture
- Metal Processing
- Air and Gas Purification
- Others
The regions included in the market report are North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
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Market Analysis
Government initiatives developing new water treatment methods are also aiding the potassium permanganate market. Beneficial government schemes and the growing application sectors in countries like China, Brazil, Japan, Saudi Arabia, India, Vietnam, Malaysia, Indonesia, and Argentina has added further impetus to the market.
The growing automotive industry is also expected to drive the demand for potassium permanganate. When mixed with glycerine or anti-freeze agent from car radiators, potassium permanganate reacts to create fire and is thus, used in automobiles in the fire starter kits.
In 2018, China was the leading market globally, representing over 50% of the total global production of the chemical. USA, European Union and India are the other leading markets for potassium permanganate. In Europe, regulatory authorities overseeing the purification of air, odour control and maintaining oxygen levels have provided various opportunities for the potassium permanganate market growth. China is also the largest exporter of potassium permanganate followed by USA, Belgium and India.
Competitive Landscape
The report gives a detailed analysis of the following key players in the global potassium permanganate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Changyuan Group
- Carus Group Inc.
- Organic Industries Pvt. Ltd.
- B2Brazil
- Libox Chem India Pvt. Ltd
- Seidler Chemical Co, Inc.
- 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.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Grade, Application, Region |
| Breakup by Grade | Free Flowing Grade, Technical Grade, Pharmaceutical Grade |
| Breakup by Application | Water Treatment, Waste Water Treatment, Chemicals Manufacturing, Aquaculture, Metal Processing, Air and Gas Purification, 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 |
| Trade Data Analysis | Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume |
| 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 | Changyuan Group, Carus Group Inc., Organic Industries Pvt. Ltd., B2Brazil, Libox Chem India Pvt. Ltd, Seidler Chemical Co, Inc., Others |
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| 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 Industry Opportunities and Challenges
8 Global Potassium Permanganate Market Analysis
8.1 Key Industry Highlights
8.2 Global Potassium Permanganate Historical Market (2018-2023)
8.3 Global Potassium Permanganate Market Forecast (2024-2032)
8.4 Global Potassium Permanganate Market by Grade
8.4.1 Free Flowing Grade
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Technical Grade
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Pharmaceutical Grade
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.5 Global Potassium Permanganate Market by Application
8.5.1 Water Treatment
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Waste Water Treatment
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Chemicals Manufacturing
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Aquaculture
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2023)
8.5.4.3 Forecast Trend (2024-2032)
8.5.5 Metal Processing
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2023)
8.5.5.3 Forecast Trend (2024-2032)
8.5.6 Air and Gas Purification
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2018-2023)
8.5.6.3 Forecast Trend (2024-2032)
8.5.7 Others
8.6 Global Potassium Permanganate 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 (2018-2023)
9.1.2 Forecast Trend (2024-2032)
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 (2018-2023)
9.2.2 Forecast Trend (2024-2032)
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 (2018-2023)
9.3.2 Forecast Trend (2024-2032)
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 (2018-2023)
9.4.2 Forecast Trend (2024-2032)
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 (2018-2023)
9.5.2 Forecast Trend (2024-2032)
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 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis (HS Code - 284161)
12.1 Major Importing Countries
12.1.1 By Volume
12.1.2 By Value
12.2 Major Exporting Countries
12.2.1 By Volume
12.2.2 By Value
13 Price Analysis
13.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
14 Feedstock Market Analysis
14.1 Global Magnesium Dioxide Market Analysis
14.1.1 Key Industry Highlights
14.1.2 Global Magnesium Dioxide Historical Market (2018-2023)
14.1.3 Global Magnesium Dioxide Market Forecast (2024-2032)
14.1.4 Global Magnesium Dioxide Market by Region
14.1.4.1 North America
14.1.4.2 Europe
14.1.4.3 Asia Pacific
14.1.4.4 Latin America
14.1.4.5 Middle East and Africa
14.2 Global Potassium Hydroxide Market Analysis
14.2.1 Key Industry Highlights
14.2.2 Global Potassium Hydroxide Historical Market (2018-2023)
14.2.3 Global Potassium Hydroxide Market Forecast (2024-2032)
14.2.4 Global Potassium Hydroxide Market by Region
14.2.4.1 North America
14.2.4.2 Europe
14.2.4.3 Asia Pacific
14.2.4.4 Latin America
14.2.4.5 Middle East and Africa
14.3 Trade Data Analysis (HS Code - 282010,281520)
14.3.1 Major Importing Countries
14.3.1.1 By Volume
14.3.1.2 By Value
14.3.2 Major Exporting Countries
14.3.2.1 By Volume
14.3.2.2 By Value
14.4 Price Analysis
14.4.1 Magnesium Dioxide Historical Price Trends (2018-2023) and Forecast (2024-2032)
14.4.2 Potassium Hydroxide Historical Price Trends (2018-2023) and Forecast (2024-2032)
15 Manufacturing Process
15.1 Detailed Process Flow
15.2 Operations Involved
15.3 Mass Balance
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players’ Market Share
16.3 Company Profiles
16.3.1 Changyuan Group
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Demographic Reach and Achievements
16.3.1.4 Financial Summary
16.3.1.5 Certifications
16.3.2 Carus Group Inc.
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Demographic Reach and Achievements
16.3.2.4 Financial Summary
16.3.2.5 Certifications
16.3.3 Organic Industries Pvt. Ltd.
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Demographic Reach and Achievements
16.3.3.4 Financial Summary
16.3.3.5 Certifications
16.3.4 B2Brazil
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Demographic Reach and Achievements
16.3.4.4 Financial Summary
16.3.4.5 Certifications
16.3.5 Libox Chem India Pvt. Ltd
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Demographic Reach and Achievements
16.3.5.4 Financial Summary
16.3.5.5 Certifications
16.3.6 Seidler Chemical Co, Inc.
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Demographic Reach and Achievements
16.3.6.4 Financial Summary
16.3.6.5 Certifications
16.3.7 Others
17 Industry Events and Developments
List of Key Figures and Tables
1. Global Potassium Permanganate Market: Key Industry Highlights, 2018 and 2032
2. Global Potassium Permanganate Historical Market: Breakup by Grade (USD Million), 2018-2023
3. Global Potassium Permanganate Market Forecast: Breakup by Grade (USD Million), 2024-2032
4. Global Potassium Permanganate Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Potassium Permanganate Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Potassium Permanganate Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Potassium Permanganate Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Potassium Permanganate Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Potassium Permanganate Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Potassium Permanganate Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Potassium Permanganate Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Potassium Permanganate Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Potassium Permanganate Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Potassium Permanganate Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Potassium Permanganate Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Potassium Permanganate Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Potassium Permanganate Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Major Importing Countries by Volume (2020)
19. Major Exporting Countries by Volume (2020)
20. Major Importing Countries by Value (2020)
21. Major Exporting Countries by Value (2020)
22. North America Historical Price Trends and Forecast 2018-2028
23. Europe Historical Price Trends and Forecast 2018-2028
24. Asia Pacific Historical Price Trends and Forecast 2018-2028
25. Latin America Historical Price Trends and Forecast 2018-2028
26. Middle East and Africa Historical Price Trends and Forecast 2018-2028
27. Global Magnesium Dioxide Market: Key Industry Highlights, 2018 and 2032
28. Global Magnesium Dioxide Historical Market: Breakup by Region (USD Million), 2018-2023
29. Global Magnesium Dioxide Market Forecast: Breakup by Region (USD Million), 2024-2032
30. Global Potassium Hydroxide Market: Key Industry Highlights, 2018 and 2032
31. Global Potassium Hydroxide Historical Market: Breakup by Region (USD Million), 2018-2023
32. Global Potassium Hydroxide Market Forecast: Breakup by Region (USD Million), 2024-2032
33. Magnesium Dioxide: Major Importing Countries by Volume (2020)
34. Magnesium Dioxide: Major Exporting Countries by Volume (2020)
35. Magnesium Dioxide: Major Importing Countries by Value (2020)
36. Magnesium Dioxide: Major Exporting Countries by Value (2020)
37. Potassium Hydroxide: Major Importing Countries by Volume (2020)
38. Potassium Hydroxide: Major Exporting Countries by Volume (2020)
39. Potassium Hydroxide: Major Importing Countries by Value (2020)
40. Potassium Hydroxide: Major Exporting Countries by Value (2020)
41. Magnesium Dioxide Historical Price Trends and Forecast 2018-2028
42. Potassium Hydroxide Historical Price Trends and Forecast 2018-2028
43. Global Potassium Permanganate Market Structure
Key Questions Answered in the Report
In 2023, the global potassium permanganate market attained a value of USD 1,111.79 million.
In the forecast period of 2024-2032, the market is projected to grow at a CAGR of 10.3%.
By 2032, the market is estimated to reach a value of USD 2,686.58 million.
The major drivers of the market include the increasing population and rising disposable incomes, growing feedstock and automobile markets, and rising health awareness among the consumers.
Various government initiatives globally focussing on the supply of treated soft water and the disposal of wastewater is likely to be a key trend guiding the growth of the market.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market, with the Asia Pacific accounting for the largest market share.
The major grades of potassium permanganate are free flowing grade, technical grade, and pharmaceutical grade.
The major application sectors include water treatment, waste water treatment, chemicals manufacturing, aquaculture, metal processing, and air and gas purification, among others.
The leading players in the global potassium permanganate market are Changyuan Group, Carus Group Inc., Organic Industries Pvt. Ltd., B2Brazil, Libox Chem India Pvt. Ltd, and Seidler Chemical Co, Inc., among others.
Analyst Review
The global potassium permanganate market attained a value of USD 1,111.79 million in 2023 driven by the growing automotive industry. Aided by the rising health awareness among the consumers and various government initiatives, the industry is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 10.3% to reach USD 2,686.58 million by 2032.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its grade, the global potassium permanganate market can be segmented into free-flowing grade, technical grade, and pharmaceutical grade. On the basis of application, the industry can be divided into water treatment, waste water treatment, chemicals manufacturing, aquaculture, metal processing, and air and gas purification, among others. The major regional markets for potassium permanganate are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with the Asia Pacific accounting for the largest share of the market. The key players in the above industry include Changyuan Group, Carus Group Inc., Organic Industries Pvt. Ltd., B2Brazil, Libox Chem India Pvt. Ltd, and Seidler Chemical Co, Inc., 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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