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North America Potassium Nitrate Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The North America potassium nitrate market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 3% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

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.  

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.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the North America potassium nitrate market, along with forecasts at the regional and country level from 2021-2026. Our report has categorized the market based on raw material and end-use industry.

  • 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
       

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Million
Segment Coverage Raw Material, End-Use Industry, Country
Countries Covered United States, Canada
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License $ 2499
Five User License $ 3499
Corporate License $ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

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 has been the impact of  COVID-19 on 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?

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    Impact of COVID-19
    6.3    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$), 2015-2020
Figure 2: Global: Potassium Nitrate Market: Breakup by Raw Material (in %), 2020
Figure 3: Global: Potassium Nitrate Market: Breakup by End-Use Industry (in %), 2020
Figure 4: Global: Potassium Nitrate Market: Breakup by Region (in %), 2020
Figure 5: Global: Potassium Nitrate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 6: North America: Potassium Nitrate Market: Sales Value (in Million US$), 2015-2020
Figure 7: North America: Potassium Nitrate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 8: North America: Potassium Nitrate Market: Breakup by Raw Material (in %), 2020
Figure 9: North America: Potassium Nitrate (Potassium Chloride) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: North America: Potassium Nitrate (Potassium Chloride) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: North America: Potassium Nitrate (Ammonium Nitrate) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: North America: Potassium Nitrate (Ammonium Nitrate) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: North America: Potassium Nitrate (Sodium Nitrate) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: North America: Potassium Nitrate (Sodium Nitrate) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: North America: Potassium Nitrate Market: Breakup by End-Use Industry (in %), 2020
Figure 16: North America: Potassium Nitrate (Agriculture Industry) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: North America: Potassium Nitrate (Agriculture Industry) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: North America: Potassium Nitrate (General Industries) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: North America: Potassium Nitrate (General Industries) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: North America: Potassium Nitrate (Pharmaceutical Industry) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: North America: Potassium Nitrate (Pharmaceutical Industry) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: North America: Potassium Nitrate (Food Industry) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: North America: Potassium Nitrate (Food Industry) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: North America: Potassium Nitrate (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: North America: Potassium Nitrate (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: North America: Potassium Nitrate Market: Breakup by Country (in %), 2020
Figure 27: United States: Potassium Nitrate Market: Sales Value (in Million US$), 2015-2020
Figure 28: United States: Potassium Nitrate Market: Breakup by Raw Material (in %), 2020
Figure 29: United States: Potassium Nitrate Market: Breakup by End-Use Industry (in %), 2020
Figure 30: United States: Potassium Nitrate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Canada: Potassium Nitrate Market: Sales Value (in Million US$), 2015-2020
Figure 32: Canada: Potassium Nitrate Market: Breakup by Raw Material (in %), 2020
Figure 33: Canada: Potassium Nitrate Market: Breakup by End-Use Industry (in %), 2020
Figure 34: Canada: Potassium Nitrate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: North America: Potassium Nitrate Industry: SWOT Analysis
Figure 36: North America: Potassium Nitrate Industry: Value Chain Analysis
Figure 37: 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, 2020 and 2026
Table 3: North America: Potassium Nitrate Market Forecast: Breakup by Raw Material (in Million US$), 2021-2026
Table 4: North America: Potassium Nitrate Market Forecast: Breakup by End-Use Industry (in Million US$), 2021-2026
Table 5: North America: Potassium Nitrate Market Forecast: Breakup by Country (in Million US$), 2021-2026
Table 6: North America: Potassium Nitrate Market: Competitive Structure
Table 7: North America: Potassium Nitrate Market: Key Players

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