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North America Potassium Nitrate Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

The North America potassium nitrate market reached a value of US$ 301 Million in 2018. Potassium nitrate (KNO3), also known as niter or saltpeter, is a chemical compound that occurs as a dirty gray to white crystalline solid. It is a water-soluble, noncombustible compound, which can accelerate the burning of other combustible materials when used in large quantities. Potassium nitrate is mostly used as a constituent for various purposes, such as rocket propellers, food preservatives, tree stump removals, fertilizers and fireworks. Other than these, it is actively used as an ingredient in toothpaste to provide protection against painful sensitivity caused by acids, sweets and cold. In the form of fertilizer, potassium nitrate helps in increasing yields and improving the quality of field crops, vegetables, and flowers.  

North America Potassium Nitrate Market

The North America potassium nitrate market is currently driven by several factors. Potassium nitrate also provides essential salts for plant development and normal functioning of plant tissues. Thus, there has been a rise in the demand for this chemical compound in the agriculture industry across the region. In addition to this, potassium nitrate salt is often utilized as a food preservative or additive for curing the meat and preserving its pink color. Apart from this, on account of its various beneficial properties, such as oxidizing ability, easy availability and desensitizing tendency, potassium nitrate salt is largely used across numerous industries in the region. Looking forward, IMARC Group expects the market to reach a value of US$ 372 Million by 2024, registering a CAGR of 3.6% during 2019-2024.

Report Scope:

  • North America Potassium Nitrate Market
     
  • Key Regions Analysed
    • United States
    • Canada
       
  • Analysis for Each Country
     
  • Market by Raw Material
    • Potassium Chloride
    • Ammonium Nitrate
    • Sodium Nitrate
       
  • Market by End-Use Industry
    • Agriculture Industry
    • General Industries
    • Pharmaceutical Industry
    • Food Industry
    • Others
       
  • Value Chain Analysis
  • Key Drivers and Challenges
  • Porters Five Forces Analysis
  • Competitive Landscape
    • Competitive Structure
    • Key Player Profiles
       

Key Questions Answered in This Report:

  • How has the North America potassium nitrate market performed so far and how will it perform in the coming years?
  • What are the key regions in the North America potassium nitrate market?
  • What is the breakup of the North America potassium nitrate market on the basis of raw material?
  • What is the breakup of the North America potassium nitrate market on the basis of end-use industry?
  • What are the various stages in the value chain of the North America potassium nitrate industry?
  • What are the key driving factors and challenges in the North America potassium nitrate industry?
  • What is the structure of the North America potassium nitrate industry and who are the key players?
  • What is the degree of competition in the North America potassium nitrate industry?
  • What are the profit margins in the North America potassium nitrate industry?


Report Coverage:

  • Base Year Considered: 2018
  • Historical Data Coverage: 2013-2018
  • Market Forecast: 2019-2024
  • Currency: US$
  • Geography Covered: North America, United States and Canada
  • Segments Covered: Raw Material and End-Use Industry.


Report Customization: Although IMARC has tried to cover everything in the North America potassium nitrate market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Physical and Chemical Properties
    4.3    Key Industry Trends
5    Global Potassium Nitrate Market
    5.1    Market Performance
    5.2    Market Breakup by Raw Material
    5.3    Market Breakup by End-Use Industry 
    5.4    Market Breakup by Region 
    5.5    Market Forecast 
6    North America Potassium Nitrate Market
    6.1    Market Performance
    6.2    Market Forecast 
7    North America Potassium Nitrate Market: Breakup by Raw Material 
    7.1    Potassium Chloride
    7.2    Ammonium Nitrate
    7.3    Sodium Nitrate
8    North America Potassium Nitrate Market: Breakup by End-Use Industry
    8.1    Agriculture Industry
    8.2    General Industries
    8.3    Pharmaceutical Industry
    8.4    Food Industry
    8.5    Others
9    North America Potassium Nitrate Market: Breakup by Country 
    9.1   United States
     9.1.1    Historical Market Trends
     9.1.2    Market Breakup by Raw Material
     9.1.3    Market Breakup by End-Use Industry
     9.1.4    Market Forecast
    9.2   Canada
     9.2.1    Historical Market Trends
     9.2.2    Market Breakup by Raw material 
     9.2.3    Market Breakup by End-Use Industry
     9.2.4    Market Forecast
10    SWOT Analysis 
    10.1    Overview 
    10.2    Strengths
    10.3    Weaknesses 
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis 
    11.1    Overview
    11.2    Research and Development
    11.3    Raw Material Procurement
    11.4    Manufacturing
    11.5    Distribution
    11.6    Export
    11.7    End-Use
12    Porter’s Five Forces Analysis 
    12.1     Overview
    12.2     Bargaining Power of Buyers
    12.3     Bargaining Power of Suppliers
    12.4     Degree of Rivalry
    12.5     Threat of New Entrants
    12.6     Threat of Substitutes
13    Price Analysis 
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players

List of Figures

Figure 1: Global: Potassium Nitrate Market: Sales Value (in Million US$), 2013-2018
Figure 2: Global: Potassium Nitrate Market: Breakup by Raw Material (in %), 2018
Figure 3: Global: Potassium Nitrate Market: Breakup by End-Use Industry (in %), 2018
Figure 4: Global: Potassium Nitrate Market: Breakup by Region (in %), 2018
Figure 5: Global: Potassium Nitrate Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 6: North America: Potassium Nitrate Market: Sales Value (in Million US$), 2013-2018
Figure 7: North America: Potassium Nitrate Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 8: North America: Potassium Nitrate Market: Breakup by Raw Material (in %), 2018
Figure 9: North America: Potassium Nitrate (Potassium Chloride) Market: Sales Value (in Million US$), 2013 & 2018
Figure 10: North America: Potassium Nitrate (Potassium Chloride) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 11: North America: Potassium Nitrate (Ammonium Nitrate) Market: Sales Value (in Million US$), 2013 & 2018
Figure 12: North America: Potassium Nitrate (Ammonium Nitrate) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 13: North America: Potassium Nitrate (Sodium Nitrate) Market: Sales Value (in Million US$), 2013 & 2018
Figure 14: North America: Potassium Nitrate (Sodium Nitrate) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 15: North America: Potassium Nitrate Market: Breakup by End-Use Industry (in %), 2018
Figure 16: North America: Potassium Nitrate (Agriculture Industry) Market: Sales Value (in Million US$), 2013 & 2018
Figure 17: North America: Potassium Nitrate (Agriculture Industry) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 18: North America: Potassium Nitrate (General Industries) Market: Sales Value (in Million US$), 2013 & 2018
Figure 19: North America: Potassium Nitrate (General Industries) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 20: North America: Potassium Nitrate (Pharmaceutical Industry) Market: Sales Value (in Million US$), 2013 & 2018
Figure 21: North America: Potassium Nitrate (Pharmaceutical Industry) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 22: North America: Potassium Nitrate (Chemicals) Market: Sales Value (in Million US$), 2013 & 2018
Figure 23: North America: Potassium Nitrate (Chemicals) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 24: North America: Potassium Nitrate (Pharmaceuticals) Market: Sales Value (in Million US$), 2013 & 2018
Figure 25: North America: Potassium Nitrate (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 26: North America: Potassium Nitrate (Food Industry) Market: Sales Value (in Million US$), 2013 & 2018
Figure 27: North America: Potassium Nitrate (Food Industry) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 28: North America: Potassium Nitrate (Others) Market: Sales Value (in Million US$), 2013 & 2018
Figure 29: North America: Potassium Nitrate (Others) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 30: North America: Potassium Nitrate Market: Breakup by Country (in %), 2018
Figure 31: United States: Potassium Nitrate Market: Sales Value (in Million US$), 2013-2018
Figure 32: United States: Potassium Nitrate Market: Breakup by Raw Material (in %), 2018
Figure 33: United States: Potassium Nitrate Market: Breakup by End-Use Industry (in %), 2018
Figure 34: United States: Potassium Nitrate Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 35: Canada: Potassium Nitrate Market: Sales Value (in Million US$), 2013-2018
Figure 36: Canada: Potassium Nitrate Market: Breakup by Raw Material (in %), 2018
Figure 37: Canada: Potassium Nitrate Market: Breakup by End-Use Industry (in %), 2018
Figure 38: Canada: Potassium Nitrate Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 39: North America: Potassium Nitrate Industry: SWOT Analysis
Figure 40: North America: Potassium Nitrate Industry: Value Chain Analysis
Figure 41: North America: Potassium Nitrate Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Potassium Nitrate: Physical and Chemical Properties
Table 2: North America: Potassium Nitrate Market: Key Industry Highlights, 2018 and 2024
Table 3: North America: Potassium Nitrate Market Forecast: Breakup by Raw Material (in Million US$), 2019-2024
Table 4: North America: Potassium Nitrate Market Forecast: Breakup by End-Use Industry (in Million US$), 2019-2024
Table 5: North America: Potassium Nitrate Market Forecast: Breakup by Country (in Million US$), 2019-2024
Table 6: North America: Potassium Nitrate Market: Competitive Structure
Table 7: North America: Potassium Nitrate Market: Key Players

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