Potassium Sulphate Market

By Form;

Granular SOP, Standard Powder SOP, and Soluble & Crystal SOP

By Production Process;

Mannheim Process, Natural Brine & Sea-Lake Processing, Sulphate-Salts Reaction, and Phosphogypsum Conversion

By Application;

Agriculture -[Cereals & Grains, Fruits & Vegetables, Nuts, Citrus & Vines, Oilseeds & Pulses and Others] and Industrial -[Glass & Ceramics, Dyes & Pigments, Pharmaceuticals & Food and Others]

By Grade;

Standard & Fertiliser Grade, Soluble & Technical Grade and Feed & Food Grade

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn131380219 Published Date: September, 2025 Updated Date: October, 2025

Introduction

Global Potassium Sulphate Market (USD Million), 2021 - 2031

In the year 2024, the Global Potassium Sulphate Market was valued at USD 5,153.35 million. The size of this market is expected to increase to USD 7,299.76 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.1%.


Potassium Sulphate Market

*Market size in USD million

CAGR 5.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.1 %
Market Size (2024)USD 5,153.35 Million
Market Size (2031)USD 7,299.76 Million
Market ConcentrationMedium
Report Pages358
5,153.35
2024
7,299.76
2031

Major Players

  • United Co. RUSAL Plc
  • YARA International SA
  • Rusal, Sesoda Corp
  • K+S Kali GmbH
  • Migao Corporation
  • Sesoda Chemicals

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Potassium Sulphate Market

Fragmented - Highly competitive market without dominant players


Potassium sulfate, known chemically as K2SO4 or sulphate of potash (SOP), is widely recognized for its role as a crucial agricultural fertilizer. Its significance stems from its high potassium content, an essential nutrient vital for robust plant growth and development. Potassium serves pivotal functions in plants, such as activating enzymes, regulating osmotic balance, and facilitating nutrient absorption. This fosters healthier plants, enhances root growth, stimulates flowering, and improves the quality of fruits, all contributing to heightened crop yields.

Beyond agriculture, potassium sulfate finds applications across diverse industrial sectors. It is integral in the production of glass, ceramics, detergents, pharmaceuticals, and potassium alum, pivotal in the paper and textile industries.

The agricultural sector remains the primary driver for the potassium sulfate market. The fertilizer's high potassium content fulfills the critical nutritional needs of plants, supporting increased crop production to meet the escalating global demand for food and agricultural products. Additionally, the rising preference for organic and specialty crops like fruits, vegetables, and herbs, which require specific nutrient formulations, further bolsters the demand for potassium sulfate. This trend aligns with the growing popularity of organic farming practices and the global emphasis on nutritious, sustainably produced food.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Form
    2. Market Snapshot, By Production Process
    3. Market Snapshot, By Application
    4. Market Snapshot, By Grade
    5. Market Snapshot, By Region
  4. Potassium Sulphate Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Agricultural Applications
        2. Shift Towards Organic Farming
        3. Industrial Applications
        4. Water-Soluble Formulation
        5. Regional Government Initiatives
      2. Restraints
        1. Price Volatility
        2. Competitive Alternatives
        3. Environmental Concerns
        4. Limited Availability of Raw Materials
        5. Technological Barriers
      3. Opportunities
        1. Expansion in Emerging Markets
        2. Rising Demand in Horticulture
        3. Innovations in Product Development
        4. Sustainable Agriculture Initiatives
        5. Strategic Partnerships and Collaborations
      4. PEST Analysis
        1. Political Analysis
        2. Economic Analysis
        3. Social Analysis
        4. Technological Analysis
      5. Porter's Analysis
        1. Bargaining Power of Suppliers
        2. Bargaining Power of Buyers
        3. Threat of Substitutes
        4. Threat of New Entrants
        5. Competitive Rivalry
  5. Market Segmentation
    1. Potassium Sulphate Market, By Form, 2021 - 2031 (USD Million)
      1. Granular SOP
      2. Standard Powder SOP
      3. Soluble & Crystal SOP
    2. Potassium Sulphate Market, By Production Process, 2021 - 2031 (USD Million)
      1. Mannheim Process
      2. Natural Brine & Sea-Lake Processing
      3. Sulphate-Salts Reaction
      4. Phosphogypsum Conversion
    3. Potassium Sulphate Market, By Application, 2021 - 2031 (USD Million)
      1. Agriculture
        1. Cereals & Grains
        2. Fruits & Vegetables
        3. Nuts
        4. Citrus & Vines
        5. Oilseeds & Pulses
        6. Others
      2. Industrial
        1. Glass & Ceramics
        2. Dyes & Pigments
        3. Pharmaceuticals & Food
        4. Others
    4. Potassium Sulphate Market, By Grade, 2021 - 2031 (USD Million)
      1. Standard & Fertiliser Grade
      2. Soluble & Technical Grade
      3. Feed & Food Grade
    5. Potassium Sulphate Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Nutrien
      2. SQM
      3. ICL (Israel Chemicals)
      4. K+S
      5. Compass Minerals
      6. OCP Group
      7. Mosaic Company
      8. Intrepid Potash
      9. Tessenderlo Group
      10. Yantai Qifund Chemical
      11. Shandong Lianmeng Chemical Group
      12. Vinipul Inorganic Pvt. Ltd.
      13. Cinis Fertilizer
      14. Zhejiang Suli Group
      15. Shandong Juchuang Chemical
  7. Analyst Views
  8. Future Outlook of the Market