Potassium Metabisulfite Demand in Various Application & Global Forecast


Posted June 7, 2019 by abhijeetw1

Potassium Metabisulfite Market report categorizes the global market by Application (Photographic Chemicals, Food Preservatives, Textile Industry, Beer Industry, Wine Industry, & Others) and by Geography.

 
Potassium metabisulfite is a white crystalline powder and has a strong sulfur odor. Potassium metabisulfite is a disulfite and has got a melting point of 374 degrees Fahrenheit. The chemical has some potential dangers associated with it like exposure to this substance includes severe burning and damage to eyes, irritation and reddening of skin and difficulty in breathing. The potassium metabisulfite market, by application has been broadly segmented into six categories namely, wine industry, beer industry, food preservatives, textile industry, photographic chemicals, and others. The wine and beer industry is the largest market for potassium metabisulfite. Both the wine and beer industry together accounted for approximately 65.5% of the global potassium metabisulfite market in 2014 in terms of volume. The global potassium metabisulfite market is largely driven by the increasing demand for wine and beer. Also, increased demand for food preservatives is expected to drive the demand for the chemical. The largest consumers of potassium metabisulfite are Italy, France, the U.S., and Turkey.

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Competitive developments of top players in the potassium metabisulfite market have been discussed in detail. The leading players of the industry are BASF SE, Murphy and Son Ltd., Avantor Performance Chemicals, and Aditya Birla Chemicals Thailand, among others.

The consumption of potassium metabisulfite is the highest in the European region. The region accounted for over 50.2% of the total market in 2014 in terms of volume. The growing demand for wine and beer and food preservatives in Europe is the major driver of potassium metabisulfite market in the region. The growth of potassium metabisulfite in Asia-Pacific region is the fastest as compared to other regions. The high growth in the Asia-Pacific region is due to the increasing youth population which have beer as their drinking preference as compared to other alcoholic drinks.

This report aims to estimate the global market of potassium metabisulfite in 2014 and to project the expected demand of the same till 2020. This market research study provides a detailed qualitative and quantitative analysis of the global market. The research methodology of the report involved the utilization of various secondary sources such as encyclopedia, directories, and databases to identify and collect information useful for this extensive commercial study of the market. The primary sources – experts from related industries and suppliers were interviewed to obtain and verify critical information as well as to assess the future prospects of the potassium metabisulfite market.

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Issued By marketsandmarkets
Country United States
Categories Business , Industry , Manufacturing
Tags potassium , potassium metabisulfite , potassium metabisulfite market
Last Updated June 7, 2019