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Global Potassium Chlorate Market 2019-2023

Global Potassium Chlorate Market 2019-2023

Global Potassium Chlorate Market: About this market

Potassium chlorate is an inorganic chemical compound, which is used in the manufacturing of explosives and matchsticks. Technavio’s potassium chlorate market analysis considers sales from the explosives and matchstick manufacturing and other segments. Our analysis also considers the sales of potassium chlorate in APAC, Europe, MEA, North America, and South America. In 2018, the explosives and matchstick manufacturing segment held the highest market share, which is expected to remain prevalent over the forecast period. Factors such as the extensive use of explosives in the mining industry and the rising production of matchsticks across the world will significantly help the explosives and matchstick manufacturing segment in maintaining its leading market position. Also, our global potassium chlorate report has observed market growth factors such as increasing demand for potassium chlorate from end-user industries, rising demand for potassium chlorate in APAC, and availability of raw materials. However, the presence of a large number of substitutes for potassium chlorate, health hazards associated with potassium chlorate, and fluctuating raw material prices may hamper the growth of the potassium chlorate industry over the forecast period.

Global Potassium chlorate Market: Overview

Increasing demand for potassium chlorate from end-user industries

Potassium chlorate is recording extensive use in manufacturing pesticides, explosives, oxygen in laboratories, and others. Therefore, vendors have been making significant sales to agricultural, explosives, fireworks, and disinfectant industries and laboratories. In the explosives industry, potassium chlorate is proven to be more effective than gunpowder. Therefore, the increasing demand for potassium chlorate from end-user industries will lead to the expansion of the global potassium chlorate market at a CAGR of almost 4% during the forecast period.

Growth of pulp and paper industry

The pulp and paper industry extensively uses potassium chlorate to produce chlorine oxide, which is used to bleach wood pulp to manufacture high-quality and environmentally friendly white paper products. Therefore, the pulp and paper industry will increase sales for market vendors. As a result, this trend will have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global potassium chlorate market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several major players, the global potassium chlorate market is fragmented. Technavio’s robust vendor analysis is designed to help clients in improving their market positions, and in line with this, this report provides a detailed analysis of several leading potassium chlorate manufacturers, which include Chenzhou Chenxi Metals Co. Ltd., Merck KGaA, Nouryon Chemicals Holding BV, Pangea Chemicals Pvt. Ltd., and Sandvik AB.

Also, the potassium chlorate market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
      • Table Vendors: Key product offerings
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global inorganic chemicals market
      • Table Segments of global inorganic chemicals market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Explosives and matchstick manufacturing - Market size and forecast 2018-2023
      • Table Explosives and matchstick manufacturing - Market size and forecast 2018-2023 ($ millions)
      • Table Explosives and matchstick manufacturing - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ millions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Increasing number of sodium chlorate plants
    • Reduction in arable land
    • Growth of pulp and paper industry
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Chenzhou Chenxi Metals Co. Ltd.
      • Table Chenzhou Chenxi Metals Co. Ltd. - Vendor overview
      • Table Chenzhou Chenxi Metals Co. Ltd. - Product segments
      • Table Chenzhou Chenxi Metals Co. Ltd. - Key offerings
    • Merck KGaA
      • Table Merck KGaA - Vendor overview
      • Table Merck KGaA - Business segments
      • Table Merck KGaA - Organizational developments
      • Table Merck KGaA - Geographic focus
      • Table Merck KGaA - Segment focus
      • Table Merck KGaA - Key offerings
    • Nouryon Chemicals Holding BV
      • Table Nouryon Chemicals Holding BV - Vendor overview
      • Table Nouryon Chemicals Holding BV - Business segments
      • Table Nouryon Chemicals Holding BV - Key offerings
    • Pangea Chemicals Pvt. Ltd.
      • Table Pangea Chemicals Pvt. Ltd. - Vendor overview
      • Table Pangea Chemicals Pvt. Ltd. - Business segments
      • Table Pangea Chemicals Pvt. Ltd. - Key offerings
    • Sandvik AB
      • Table Sandvik AB - Vendor overview
      • Table Sandvik AB - Business segments
      • Table Sandvik AB - Organizational developments
      • Table Sandvik AB - Geographic focus
      • Table Sandvik AB - Segment focus
      • Table Sandvik AB - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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