Product Code: ETC190836 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The India Potassium Chloride Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 0.95% in 2025, the growth rate steadily ascends to 1.57% in 2029.
Potassium Chloride (KCl) is a common mineral salt used in India for various applications, such as fertilizers, food processing and pharmaceuticals. It has a wide range of applications like industrial chemicals, animal feed additives, water treatment agents among others. The market value is estimated to reach USD 0.6 billion by the year 2031 from USD 0.5 billion in 2018 with a CAGR of 3.3%.
The growth of IndiaPotassium Chloride Market can be attributed to the increasing demand from agricultural activities, growing food production due to population expansion, rising health consciousness among consumers which increases the use of mineral-rich foods and beverages, rising industrialization leading to increased adoption by multiple industries such as pharmaceuticals & cosmetics etc., increasingly stringent regulatory framework with regards to crop nutrition standards are driving the demand for potash fertilizers like KCl thus propelling the growth of India Potassium chloride market.
High cost associated with this product coupled with its availability only through restricted markets limits its usage especially when it comes down to small scale farmers who lack access or resources required for getting hold on KCl fertilizers. Presence of other substitutes such as calcium nitrate may also hamper its growth prospects over time.
Some key players operating in Indiapotassium chloride market include Gujarat State Fertilizer & Chemical Ltd., Coromandel International Limited , Shivalik Rasayan Ltd., Tata Chemicals Ltd., Deepak Fertilisers & Petrochemicals Corporation Ltd., Yara International ASA , ICL Specialty Fertilizers, Amrutanjan Health Care Limited, Rashtriya Chemicals&Fertilizers Limited etc..
The Covid-19 pandemic has had an overall negative impact on all sectors including agricultural production and fertilizer industry across India owing primarily due closure/restrictions imposed by government authorities resulting in reduced labor workforce productivity along with disruptions in supply chain operations. This might have resulted into lower sales volumes impacting revenues generated by potassic fertilizer makers like KCl manufacturers but further studies need to be done taking note various factors affecting this particular sector before making any assumptions about future course.
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 Chloride Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Potassium Chloride Market Revenues & Volume, 2021 & 2031F |
3.3 India Potassium Chloride Market - Industry Life Cycle |
3.4 India Potassium Chloride Market - Porter's Five Forces |
3.5 India Potassium Chloride Market Revenues & Volume Share, By By Application, 2021 & 2031F |
4 India Potassium Chloride Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Potassium Chloride Market Trends |
6 India Potassium Chloride Market, By Types |
6.1 India Potassium Chloride Market, By By Application |
6.1.1 Overview and Analysis |
6.1.2 India Potassium Chloride Market Revenues & Volume, By By Application, 2021-2031F |
6.1.3 India Potassium Chloride Market Revenues & Volume, By Fertilizer, 2021-2031F |
6.1.4 India Potassium Chloride Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.1.5 India Potassium Chloride Market Revenues & Volume, By Industrial, 2021-2031F |
6.1.6 India Potassium Chloride Market Revenues & Volume, By Food, 2021-2031F |
7 India Potassium Chloride Market Import-Export Trade Statistics |
7.1 India Potassium Chloride Market Export to Major Countries |
7.2 India Potassium Chloride Market Imports from Major Countries |
8 India Potassium Chloride Market Key Performance Indicators |
9 India Potassium Chloride Market - Opportunity Assessment |
9.1 India Potassium Chloride Market Opportunity Assessment, By By Application, 2021 & 2031F |
10 India Potassium Chloride Market - Competitive Landscape |
10.1 India Potassium Chloride Market Revenue Share, By Companies, 2024 |
10.2 India Potassium Chloride Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |