Potassium permanganate, also known as permanganate of potash or Condy's crystals, is a salt of K+ and MnO4− ions with the chemical formula KMnO4. It is produced on an industrial level by mixing manganese ore (magnesium dioxide) with a solution of potassium hydroxide and then drying the resulting suspension. It results in odourless, sweet tasting, dark purple crystals which are soluble in water and alcohol. Potassium permanganate has well-diversified applications across various sectors. Potassium permanganate’s preservation properties are utilised in preventing fruits from ripening for up to 4 weeks even at high temperature without the need of refrigeration. It is used to treat and disinfect water and to remove the dissolved iron and hydrogen sulphide. It can also be used for medical purposes such as for cleansing wounds, in treating skin infections, fungal infections and hair dye allergies. During 2014-2018, the global potassium permanganate market grew at a CAGR of around 14%. The demand for potassium permanganate is driven by water and wastewater treatment which account for the majority of its consumption. This report by Expert Market Research entitled “Potassium Permanganate Market Report and Forecast 2019-2024” provides a comprehensive analysis for anyone who plans to foray in the potassium permanganate market.
Historical market trends for the potassium permanganate industry have been provided from 2014-2018 and forecasts have been presented till 2024. On a regional level, the report has segmented the global potassium permanganate market into the following regions – China, United States, European Union, India and Rest of the World. China currently represents the largest market. On the basis of end-use, the global potassium permanganate market has been segmented as water treatment, wastewater treatment, chemical manufacturing, aquaculture, metal processing, air & gas purification and other uses. Water treatment and wastewater treatment currently represent the biggest end use markets for potassium permanganate.
The value chain analysis of potassium permanganate has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution. Furthermore, the study assesses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation on the competitive landscape of the potassium permanganate industry has also been provided. The report also covers the global import and export trends of potassium permanganate with the Islamic Republic of Iran being the largest importer and China being the largest exporter.
This report provides an exhaustive insight into the manufacturing of potassium permanganate. Factors such as chemical reactions involved, process flow, raw material requirements, mass balance and various manufacturing steps have been thoroughly discussed in the report. The report also provides a comprehensive market evaluation of the major feedstocks required for manufacturing potassium permanganate viz. magnesium dioxide and potassium hydroxide. For each feedstock, the report provides market trends, price trends, market by application, market by region and its key manufacturers.
The following are the key questions answered by this report:
- What are the market trends for the global potassium permanganate market?
- Which are the biggest markets (regions) for potassium permanganate?
- What are the key application areas for potassium permanganate?
- Who are the key manufacturers in the potassium permanganate?
- What are the price trends of potassium permanganate?
- What are the raw material requirements for the manufacturing of potassium permanganate?
- What are the chemical reactions involved in the manufacturing of potassium permanganate?
- Who are the major importers and exporters of potassium permanganate?
- What is the value chain analysis of the potassium permanganate industry?
- What are the market trends of major feedstocks?
- What are the price trends of major feedstocks?
- Which are the biggest markets (regions) for major feedstocks?
- What are the key application areas for various feedstocks?
- Who are the key players for various feedstocks?
In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the potassium permanganate industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complemented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.
Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector-specific events and assumptions are taken into account to generate the final forecast.