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Potassium Permanganate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Report Format: PDF+Excel | Report ID: SR112024A23646
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Potassium permanganate Prices December 2023
|
Product
|
Category | Region | Price |
|---|---|---|---|
| Potassium Permanganate | Chemical | USA | 3652 USD/MT |
In the fourth quarter of 2023, the price of the potassium permanganate in the United States reached 3652 USD/MT by December.
Potassium Permanganate Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Potassium Permanganate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of potassium permanganate pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
It encompasses an in-depth review of spot prices at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of price trends across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing potassium permanganate price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.
Potassium Permanganate Market Analysis
The global potassium permanganate market size reached US$ 897.5 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 1322.3 Million, at a projected CAGR of 4.40% during 2023-2032.
- The potassium permanganate market is experiencing steady growth, driven by its extensive application across various industries, including water treatment, pharmaceuticals, and chemical manufacturing. According to the United States Environmental Protection Agency, potassium permanganate is predominantly used in industrial and municipal water treatment (36.1%), wastewater treatment (22.8%), and oil and gas well production water (17.0%). Additionally, it is utilized in air purification (11.0%), chemical manufacturing (3.6%), remediation (1.7%), and other applications (7.5%), highlighting its versatility and essential role beyond water treatment, thus driving market revenue.
- The increasing global pharmaceutical consumption is expected to further boost potassium permanganate demand as an ideal treatment option for skin infections and fungal diseases, thereby creating significant growth opportunities. Potassium permanganate is increasingly used in medicine, particularly for antiseptic purposes, treating various skin conditions like dermatitis, eczema, acne, and other fungal infections. Its oxidizing action is particularly effective against fungi, making it a preferred choice for athletes. According to the National Health Expenditure Account (NHEA), U.S. healthcare spending grew 4.1% to reach $4.5 trillion in 2022. Moreover, as per Germany Trade and Invest, in 2021, the pharmaceutical industry in Germany invested over EUR 8.7 billion in R&D, which is more than in any other European country. The German pharmaceutical sector shows the highest research intensity across all major German industries with approximately 11.1% of revenues reinvested in internal R&D projects in 2020 and the total research intensity reaching 16.5%. For instance, Bayer is developing the Solida-1 pharmaceutical production facility at its Leverkusen site, with an investment of EUR 275 million, expected to be operational in 2024.
- The market is further supported by advancements in production technologies and increasing awareness of effective water treatment and sanitation practices. Since the Urban Wastewater Treatment (UWWT) Directive was enacted, there has been a consistent rise in the percentage of the EU population connected to at least secondary level wastewater treatment, reaching 81% by 2021. This has positively impacted the quality of freshwater in European surface waters. In October 2022, the Commission proposed an update to the UWWT Directive to address micro-pollutants and microplastics in wastewater. This revision includes the introduction of a quaternary treatment stage designed to remove a wide range of micro-pollutants. The global water scarcity issue is boosting demand for water treatment and purification applications. Consequently, the potassium permanganate market is poised for significant growth, driven by its critical role in ensuring clean drinking water and supporting various industrial processes.
Potassium Permanganate News
The report covers the latest developments, updates, and trends impacting the global potassium permanganate market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in potassium permanganate production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that shape the industry landscape.
Latest developments in the potassium permanganate industry:
- In February 2023, Camfil expanded its product lineup in the U.S. by launching CamPure 8, the latest innovation in air filtration targeting odor and corrosion control. This introduction of Potassium Permanganate Media showcases Camfil's dedication to providing a variety of solutions to meet the needs of its customers, thereby strengthening its long-term customer base.
- In June 2023, GFS Chemicals, Inc. announced that it has received the prestigious 2023 Award for Excellence from the Ohio Chemistry Technology Council (OCTC).
Product Description
Potassium permanganate is a chemical compound with the formula KMnO4. It is a dark purple or almost black crystalline salt that dissolves in water to give intensely pink or purple solutions. Potassium permanganate is well-known for its strong oxidizing properties, which make it valuable in a variety of applications. It is commonly used in water treatment for removing impurities and in wastewater treatment to reduce odors and pollutants. In the medical field, it is used as a disinfectant and antiseptic, particularly for treating skin infections like dermatitis and fungal infections. Additionally, it is used in applications ranging from air purification to the synthesis of organic compounds. Its potency as an oxidant also enables it to react with a variety of organic and inorganic substances, leading to its use in laboratories and industrial processes.
Regional Coverage
The report provides a detailed analysis of the potassium permanganate market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the price trends.
Global Potassium Permanganate Price
The report offers a holistic view of the global potassium permanganate pricing trends, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level.
Europe Potassium Permanganate Price
European potassium permanganate prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.
This analysis can be extended to include detailed potassium permanganate price information for a comprehensive list of countries.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Potassium Permanganate Price
The analysis of potassium permanganate prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.
Specific data on potassium permanganate prices within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Middle East and Africa Potassium Permanganate Price
The report explores the potassium permanganate pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
In addition to region-wise data, information on potassium permanganate prices for countries can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Potassium Permanganate Price
The potassium permanganate pricing trends in Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.
This analysis can be further extended to include detailed potassium permanganate prices for a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Potassium Permanganate Price
The analysis of potassium permanganate prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.
This comprehensive review can be extended to include specific countries within the region.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Potassium Permanganate |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Potassium Permanganate Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
|
| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
|
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| 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 Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of potassium permanganate pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
- The study examines factors affecting potassium permanganate price volatility, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights, ensuring they remain at the forefront of the potassium permanganate industry.
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- Speak to our experienced analysts for insights on the current market scenarios.
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