Product Code: ETC082543 | Publication Date: Aug 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India potassium carbonate market import shipment demonstrated a steady growth trend with a CAGR of 1.7% from 2020 to 2024. However, there was a significant decline in growth rate between 2023 and 2024 at -42.3%, indicating a sharp slowdown in market expansion towards the end of the period.
The India Potassium Carbonate market is projected to register a healthy CAGR over the forecast period. This can be attributed to increasing demand from end-use industries such as food & beverage, pharmaceuticals and others.
Increasing Demand From End-Use Industries: Demand for potassium carbonate is gaining momentum from a wide range of end-use industries such as food and beverages, pharmaceuticals, agriculture, and chemicals. In addition to this, it is also widely used in photography solutions as an essential component of film development processes. This makes it a lucrative product among manufacturers looking for cost savings alternatives that are low on environmental impact. Rising Awareness About Its Water Treatment Applications: Potassium carbonate finds application in wastewater treatment due to its ability to reduce corrosion caused by acidic effluents released during industrial activities. It helps reduce corrosion rates while providing better water quality through reduction of BOD (biological oxygen demand). Furthermore, researches have shown that polymerization via mixing organic materials with this salt can eliminate complex substances present in wastewater streams more effectively than other methods available today; thereby driving up its usage within wastewater management systems throughout India.
1) High Cost Of Raw Materials & Transportation Costs : The main raw material required for producing Potassium Carbonate namely Potash which needs high transportation costs since most potash mines are located far away from production sites or plants leading to higher prices being charged by suppliers. Additionally , fluctuations in price of raw materials could hamper profitability margins if not factored into pricing strategies. 2) Stringent Regulatory Environment : The production process involves hazardous elements like chlorine gas which may lead toxicity issues when released into environment making the manufacturing process difficult without proper safety protocols & regulations set forth by local authorities resulting additional costs & lesser output capacity.
Some of the key players operating in India Potassium Carbonate Market include Deepak Fertilisers & Petrochemicals Corporation Limited (India), Gujarat Alkalies & Chemicals Ltd., GACL (India), Tata Chemicals Ltd.(India) , UPL Limited(India).
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Potassium Carbonate Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Potassium Carbonate Market Revenues & Volume, 2021 & 2031F |
3.3 India Potassium Carbonate Market - Industry Life Cycle |
3.4 India Potassium Carbonate Market - Porter's Five Forces |
3.5 India Potassium Carbonate Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Potassium Carbonate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Potassium Carbonate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for potassium carbonate in industries such as glass, textiles, and pharmaceuticals |
4.2.2 Growing awareness about the benefits of potassium carbonate in agriculture for crop yield improvement |
4.2.3 Government initiatives promoting the use of potassium carbonate in various applications |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of potassium carbonate |
4.3.2 Stringent environmental regulations impacting the manufacturing process |
4.3.3 Availability of alternative products affecting the market demand for potassium carbonate |
5 India Potassium Carbonate Market Trends |
6 India Potassium Carbonate Market, By Types |
6.1 India Potassium Carbonate Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Potassium Carbonate Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Potassium Carbonate Market Revenues & Volume, By Electrolysis Method, 2021-2031F |
6.1.4 India Potassium Carbonate Market Revenues & Volume, By Ion Exchange Method, 2021-2031F |
6.1.5 India Potassium Carbonate Market Revenues & Volume, By Ash Method, 2021-2031F |
6.1.6 India Potassium Carbonate Market Revenues & Volume, By Other Method, 2021-2031F |
6.2 India Potassium Carbonate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Potassium Carbonate Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.3 India Potassium Carbonate Market Revenues & Volume, By Potassium Salts, 2021-2031F |
6.2.4 India Potassium Carbonate Market Revenues & Volume, By Glass/TVs/Ceramic, 2021-2031F |
6.2.5 India Potassium Carbonate Market Revenues & Volume, By Agrochemicals, 2021-2031F |
6.2.6 India Potassium Carbonate Market Revenues & Volume, By Dyes & Inks, 2021-2031F |
6.2.7 India Potassium Carbonate Market Revenues & Volume, By Rubber Chemicals, 2021-2031F |
7 India Potassium Carbonate Market Import-Export Trade Statistics |
7.1 India Potassium Carbonate Market Export to Major Countries |
7.2 India Potassium Carbonate Market Imports from Major Countries |
8 India Potassium Carbonate Market Key Performance Indicators |
8.1 Average selling price of potassium carbonate in the Indian market |
8.2 Adoption rate of potassium carbonate in key industries |
8.3 Number of research studies or publications highlighting the benefits of potassium carbonate in different applications |
8.4 Percentage of agricultural lands using potassium carbonate-based fertilizers for crop cultivation |
9 India Potassium Carbonate Market - Opportunity Assessment |
9.1 India Potassium Carbonate Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Potassium Carbonate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Potassium Carbonate Market - Competitive Landscape |
10.1 India Potassium Carbonate Market Revenue Share, By Companies, 2024 |
10.2 India Potassium Carbonate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |