Potassium Chlorate Market

Potassium Chlorate Market – Global Industry Analysis, Size, Share, Trends, Growth, and Forecasts, 2020 to 2030

Global Potassium Chlorate Market: Snapshot

Growing demand for wood pulp to produce paperboard and paper is one of the key factors stimulating demand opportunities in the global potassium chlorate market during the forecast period of 2020 to 2030.

TMR’s upcoming research report on the potassium chlorate market delivers important data on drivers, restraints, challenges, and opportunities in this market. It is a complete guide for businesses operating in the potassium chlorate market for the forecast period of 2020 to 2030.

Global Potassium Chlorate Market: Growth Dynamics

Potassium chlorate is gaining traction across various end-use industries owing to its easy availability and cost-effectiveness. The potassium chlorate market is likely to witness upward demand curve due to remarkable increase in pesticides use, increased demand for smoke grenades, and growing demand for explosives in the defense industry. This aside, potassium chlorate finds application in the production of chlorine oxide, which works as a bleaching agent in the manufacturing of pulp and paper. Thus, the potassium chlorate market is projected to gain promising demand opportunities with growth in pulp and paper industry across the globe.

Global Potassium Chlorate Market: Competitive Analysis

Players operating in the global potassium chlorate market experience intense competitive landscape. Key reason attributed to this scenario is presence of many active players in market.

The list of key players in the global potassium chlorate market includes:

  • Merck KGaA (ETR: MRK)
  • Chenzhou Chenxi Metal Co. Ltd.
  • Pangea Chemicals Pvt. Ltd.
  • Nouryon Chemicals Holding BV
  • Sandvik AB

Global Potassium Chlorate Market: Regional Assessment

The global potassium chlorate market shows presence in many regions such as North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa. The market for potassium chlorate is estimated to experience promising growth opportunities in North A

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