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Report Overview

The global potassium sulphate (SOP) market attained a value of USD 4.37 Billion in 2025 and is expected to grow during the forecast period of 2026-2035 at a CAGR of 6.10% to reach a value of USD 7.90 Billion by 2035. Growing demand for high-efficiency, chloride-free fertilisers in sensitive crops like fruits, vegetables, and tobacco is significantly boosting global consumption.

Key Insights and Trends:

  • The Asia Pacific potassium sulphate (SOP) market held the dominant share in 2024 and is expected to grow at a CAGR of 6.8% over the forecast period.
  • By country, India is projected to witness a CAGR of 7.1% over the forecast period.
  • Liquid SOP is expected to grow at a CAGR of 7.1% during the forecast period due to ease of absorption and drip irrigation compatibility.
  • By application, fertilisers are expected to grow at CAGR of 6.8% over the forecast period.

Market Size & Forecast:

  • Market Size in 2025: USD 4.37 Billion
  • Projected Market Size in 2035: USD 7.90 Billion
  • CAGR from 2026 to 2035: 6.10%
  • Dominant Regional Market: Asia Pacific

 

2025

Base Year

2019-2025

Historical Period

2026-2035

Forecast Period

Compound Annual Growth Rate

6.1%

Value in USD Billion

2026-2035


*this image is indicative*

Global Potassium Sulphate (SOP) Market Report Summary Description Value
Base Year USD Billion 2025
Historical Period USD Billion 2019-2025
Forecast Period USD Billion 2026-2035
Market Size 2025 USD Billion 4.37
Market Size 2035 USD Billion 7.90
CAGR 2019-2025 Percentage XX%
CAGR 2026-2035 Percentage 6.10%
CAGR 2026-2035- Market by Region Asia Pacific 6.8%
CAGR 2026-2035 - Market by Country India 7.1%
CAGR 2026-2035 - Market by Country China 6.7%
CAGR 2026-2035 - Market by Form Liquid 7.1%
CAGR 2026-2035 - Market by Application Fertiliser 6.8%
Market Share by Country 2025 Italy 2.6%

The Asia Pacific to Lead the Global Potassium Sulphate Industry

The Asia Pacific region dominates the global market for potassium sulphate and is expected to expand at a substantial pace over the forecast period. The rise in population and the growing food demand, especially in China, India, and Indonesia, are the major growth drivers. Due to saline soil quality and recurrent droughts, development in the Middle East and Africa is predicted to be the slowest. The government has already taken steps to change the situation, and opportunities could be available in the near future. The use of potassium sulphate in fertilisers drives the global potassium sulphate industry. This is due to the particular advantages offered by the product, which include a high potassium content, low chloride, and a low salt index. Furthermore, it is also used in the pharmaceutical industry, which due to increasing lifestyle diseases is expected to drive the market in the forecast period.

Global Potassium Sulphate (SOP) Market by Segment

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Potassium Sulphate: Market Segmentation

Potassium sulphate, also termed as potash of sulphate, is a white water-soluble solid commonly used in fertilisers. It is particularly nutritious for the crops because it contains a high number of natural nutrients and contains no chloride. It is mostly used for crops like tobacco, fruits, and vegetables.

Market Breakup by Froms

  • Solid
  • Liquid

Market Breakup by Application

  • Fertiliser
  • Industrial
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
CAGR 2026-2035- Market by Region
Asia Pacific 6.8%
Europe 5.6%
North America XX%
Latin America XX%
Middle East and Africa XX%

Rising Global Demand for Food and Agriculture to Aid the Market Growth of Potassium Sulphate

The growing population and the rising demand for food, which has resulted in increased demand for fertilisers from the agriculture sector, are driving the potassium sulphate industry growth. Fertilisers containing potassium sulphate are mainly used in the production of vegetables and fruits. In the short term, the fruit segment could be the most important driver of demand in the global potassium sulphate industry. Fertilisers are also used in the production of cash crops. Potassium sulphate demand growth may be supported in the short term by government funding for more research and development of fertilisers, as well as growing knowledge among farmers about their use. Potassium is also known as an electrolyte, which makes the body's fluids stay in equilibrium. Low potassium levels have also been linked to cancer and certain cardiovascular diseases. Because of these factors, its use in the pharmaceutical industry is in high demand. The growing applications and demand from other industries, such as cosmetics, are expected to open up new growth opportunities for the market over the forecast period.

Key Industry Players in the Global Potassium Sulphate (SOP) Market

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

  • Qingdao Hisea Chem Co.Ltd.
  • SQM SA
  • Tessenderlo Group 
  • Compass Minerals International Inc.
  • HELM AG 
  • The Mosaic Co.
  • 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.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 6.10% between 2026 and 2035.

The major drivers of the market are the rising global population, increasing demand for food and agriculture, and the surging demand from the end user industries.

The key trends of the market include the increasing number of cases of lifestyle diseases such as cancer and cardiovascular diseases and the growing demand from the pharmaceutical sector.

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

The significant forms of potassium sulphate in the market are solid and liquid.

The leading applications of the market are fertiliser and industrial, among others.

The key players in the global potassium sulphate (SOP) market are Qingdao Hisea Chem Co.Ltd., SQM SA, Tessenderlo Group, Compass Minerals International Inc., HELM AG, and The Mosaic Co., among others.

In 2025, the market attained a value of nearly USD 4.37 Billion.

The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach about USD 7.90 Billion by 2035.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2025
Historical Period 2019-2025
Forecast Period 2026-2035
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Form
  • Application
  • Region
Breakup by Froms
  • Solid
  • Liquid
Breakup by Application
  • Fertiliser
  • Industrial
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Qingdao Hisea Chem Co.Ltd.
  • SQM SA
  • Tessenderlo Group
  • Compass Minerals International Inc.
  • HELM AG
  • The Mosaic Co.
  • Others
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