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Global Potassium Sulfate Category - Procurement Market Intelligence Report

Global Potassium Sulfate Category - Procurement Market Intelligence Report

About Potassium Sulfate Market

Potassium sulfate (K2SO4) also known as sulfate of potash is a water-soluble white crystalline salt, which is predominantly used to produce fertilizers and in applications in pharmaceutical industry. It is the world's most popular low chloride fertilizer. The chemical compound is mainly found in combination with other mineral sulfates such as magnesium, sodium, and calcium. Also, potassium sulfate fertilizers are used in chloride sensitive crops, saline soil, and water scarce regions. Countries such as Russia, Chile, China, Germany, Canada, and Belgium are the main suppliers of potassium sulfate.

The increasing demand for potassium sulfate from end-user industries such as pharmaceutical, agriculture, and industrial applications is driving the global potassium sulfate market.

Covered in this report

The report provides actionable insights to improve source-to-contract cycle performance in the Global Potassium Sulfate Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.

SpendEdge’s report, Global Potassium Sulfate Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

Category driver

  • Innovations in manufacturing technologies
  • For a full, detailed list, view our report
Category constraints
  • Lack of transparency regarding the manufacturing process
  • For a full, detailed list, view our report
Procurement best practices
  • Analyze suppliers’ production capacities and utilization rates
  • For a full, detailed list, view our report
Key questions answered in this report
  • What are the market dynamics?
  • What are the key market trends?
  • What are the category growth drivers?
  • What are the constraints to category growth?
  • Who are the suppliers in this market?
  • What are the demand-supply shifts?
  • What are the major category requirements?
  • What are the procurement best practices in this market?


PART 1: CATEGORY AT A GLANCE
TAKEAWAY 01 | Market Overview
TAKEAWAY 02 | Demand and Supply Snapshot
TAKEAWAY 03 | Key Market Dynamics
TAKEAWAY 04 | Supply Market Highlights
TAKEAWAY 05 | Pricing Insights
TAKEAWAY 06 | Procurement Insights
PART 2: SCOPE OF THE REPORT
Category Definition
Research Methodology
PART 3: MARKET INSIGHTS
Category Spend Analysis
Category Maturity by Regions
Demand-Supply Shifts
Regional Demand-Supply Snapshot
Global Potassium Sulfate Production Hubs
Market Developments
Regional Impact of Trends
Key Category Growth Drivers and Corresponding Regional Impacts
Major Category Growth Constraints and Corresponding Regional Impacts
Key Current Technological Innovations
Major Regulatory Frameworks
Strategic Sustainability Practices
Porter’s Five Forces Porter’s Five Forces
PESTLE Analysis
PART 4: SUPPLY MARKET INSIGHTS
Supplier Operational Capability Matrix
Other Prominent Suppliers by Region: Operational Capability Matrix
Supplier Functional Capability Matrix
Other Prominent Suppliers by Region: Functional Capability Matrix
Key Clients/Partners
Supplier Cost Breakup
Supplier Positioning Matrix
PART 5: PRICING INSIGHTS
Pricing Models Snapshot
Pricing Models – Pros and Cons
Indicative Pricing
PART 6: PROCUREMENT INSIGHTS
Major Category Requirements
Major Procurement Pain Points
Category Sourcing Evolution Matrix
Procurement Best Practices
Cost-saving Opportunities
Supplier Selection Criteria
Category Negotiation Strategies
SLA Terms
Supplier Evaluation Criteria
Category Risk Analysis
PART 7: TOP FIVE SUPPLIERS
K+S group
Tessenderlo
Compass Minerals
SQM
YARA
PART 8: APPENDIX
Glossary
Key Notes
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