The North America potassium permanganate market represented a strong growth in 2018. Potassium permanganate, also known as KMnO4 or condy’s crystals, is an odorless, dark purple to nearly black crystalline compound with a sweet taste. It is an oxidizing agent with astringent, disinfectant and deodorizing properties. The bactericidal and algicidal characteristics of potassium permanganate enable it to be used in drinking water purification and wastewater treatment. It also used in chemical manufacturing, pollution control, odor control in sugar refineries and volumetric analysis.
The North America potassium permanganate market is being driven by several factors. Rising utilization of potassium permanganate in the water treatment industry, to remove certain toxic compounds and control algae growth, has escalated its demand in the region. Moreover, it is also used for deodorizing and removing toxins and corrosives from the wastewater stream and oxidizing organic and inorganic contaminations. Apart from this, the chemical industry in the region employs potassium permanganate to synthesize organic compounds for chemical processes, thus fueling the market growth. Furthermore, in aquaculture, it is used for replenishing oxygen in fishponds and controlling fish diseases and parasites. Additionally, potassium permanganate has distinctive applications in metal processing, disinfectants industries and air purification, which is further propelling its demand in the region.
IMARC Group’s latest report provides a deep insight into the North America potassium permanganate market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America potassium permanganate market in any manner.
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