The Europe Potassium Nitrate Market would witness market growth of 3.7% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 584.88 kilo tonnes, showcasing a growth of 0.9% (2019-2022).
Potassium Chloride serves as a primary raw material in the production of Potassium Nitrate, making its availability and pricing pivotal factors influencing the dynamics of the market. As Potassium Nitrate is widely used in agriculture, food preservation, and industrial applications, the demand for Potassium Chloride directly impacts the production and pricing of Potassium Nitrate. Thus, the Germany market utilized 94.59 kilo tonnes of Potassium Chloride in 2022.
The Germany market dominated the Europe Potassium Nitrate Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $101.2 Million by 2030. The UK market is experiencing a CAGR of 2.8% during (2023 - 2030). Additionally, The France market would exhibit a CAGR of 4.4% during (2023 - 2030).
It is a versatile compound with various applications across various industries. Its unique properties and chemical composition have made it indispensable in agriculture, food processing, pharmaceuticals, and industrial manufacturing. Owing to its unique chemical properties and functionalities, it finds diverse applications across multiple industries. In agriculture, it is a key component in fertilizers, offering a balanced source of potassium and nitrogen essential for plant growth and development.
Moreover, due to its oxidizing properties and high combustion efficiency, it is employed in the production of explosives, pyrotechnics, and fireworks. Its inclusion in gunpowder formulations dates back centuries, and it plays a pivotal role in military operations, mining activities, and civil engineering projects. Additionally, it is used in manufacturing specialty chemicals, catalysts, and corrosion inhibitors, contributing to diverse industrial applications and technological advancements.
As per the data from Eurostat, the value of the output produced by the EU's agricultural industry was €537.5 billion in 2022. More than one-half (57.3 %) of the total output value of the EU's agricultural industry came from France (€97.1 billion), Germany (€76.2 billion), Italy (€71.5 billion), and Spain (€63.0 billion). The next grouping of EU Member States was Poland (€39.5 billion), the Netherlands (€36.1 billion) and Romania (€22.2 billion). Therefore, the rising agriculture sector in Europe will boost the demand for potassium nitrate in the coming years.
Free Valuable Insights: The Global Potassium Nitrate Market will Hit USD 2.2 Billion by 2030, at a CAGR of 3.9%
Based on Raw Material, the market is segmented into Potassium Chloride, Ammonium Nitrate, and Sodium Nitrate. Based on End-Use, the market is segmented into Agriculture, Pharmaceutical, Food & Beverage, Glass Manufacturing, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- AG CHEMI GROUP s.r.o.
- Positive Chemicals Pvt. Ltd.
- Arihant Chemical
- Ravi Chem Industries
- Jagannath Chemicals
- SQM S.A.
- SNDB
- Haifa Negev technologies Ltd.
- KEMAPCO Arab Fertilizers & Chemicals Industries Ltd. (Arab Potash Company)
- Zhejiang Lianda Chemical Co Ltd
Europe Potassium Nitrate Market Report Segmentation
By Raw Material (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Potassium Chloride
- Ammonium Nitrate
- Sodium Nitrate
By End-Use (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Agriculture
- Pharmaceutical
- Food & Beverage
- Glass Manufacturing
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
TABLE 1 Europe Potassium Nitrate Market, 2019 - 2022, USD Million
TABLE 2 Europe Potassium Nitrate Market, 2023 - 2030, USD Million
TABLE 3 Europe Potassium Nitrate Market, 2019 - 2022, Kilo Tonnes
TABLE 4 Europe Potassium Nitrate Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Europe Potassium Nitrate Market by Raw Material, 2019 - 2022, USD Million
TABLE 6 Europe Potassium Nitrate Market by Raw Material, 2023 - 2030, USD Million
TABLE 7 Europe Potassium Nitrate Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 8 Europe Potassium Nitrate Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 9 Europe Potassium Chloride Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Potassium Chloride Market by Country, 2023 - 2030, USD Million
TABLE 11 Europe Potassium Chloride Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 Europe Potassium Chloride Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 Europe Ammonium Nitrate Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Ammonium Nitrate Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Ammonium Nitrate Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 Europe Ammonium Nitrate Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 Europe Sodium Nitrate Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Sodium Nitrate Market by Country, 2023 - 2030, USD Million
TABLE 19 Europe Sodium Nitrate Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 Europe Sodium Nitrate Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 Europe Potassium Nitrate Market by End-Use, 2019 - 2022, USD Million
TABLE 22 Europe Potassium Nitrate Market by End-Use, 2023 - 2030, USD Million
TABLE 23 Europe Potassium Nitrate Market by End-Use, 2019 - 2022, Kilo Tonnes
TABLE 24 Europe Potassium Nitrate Market by End-Use, 2023 - 2030, Kilo Tonnes
TABLE 25 Europe Agriculture Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Agriculture Market by Country, 2023 - 2030, USD Million
TABLE 27 Europe Agriculture Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 Europe Agriculture Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 Europe Pharmaceutical Market by Country, 2019 - 2022, USD Million
TABLE 30 Europe Pharmaceutical Market by Country, 2023 - 2030, USD Million
TABLE 31 Europe Pharmaceutical Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 Europe Pharmaceutical Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 Europe Food & Beverage Market by Country, 2019 - 2022, USD Million
TABLE 34 Europe Food & Beverage Market by Country, 2023 - 2030, USD Million
TABLE 35 Europe Food & Beverage Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 Europe Food & Beverage Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 Europe Glass Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 38 Europe Glass Manufacturing Market by Country, 2023 - 2030, USD Million
TABLE 39 Europe Glass Manufacturing Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 Europe Glass Manufacturing Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 42 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 43 Europe Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 Europe Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 Europe Potassium Nitrate Market by Country, 2019 - 2022, USD Million
TABLE 46 Europe Potassium Nitrate Market by Country, 2023 - 2030, USD Million
TABLE 47 Europe Potassium Nitrate Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 Europe Potassium Nitrate Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 Germany Potassium Nitrate Market, 2019 - 2022, USD Million
TABLE 50 Germany Potassium Nitrate Market, 2023 - 2030, USD Million
TABLE 51 Germany Potassium Nitrate Market, 2019 - 2022, Kilo Tonnes
TABLE 52 Germany Potassium Nitrate Market, 2023 - 2030, Kilo Tonnes
TABLE 53 Germany Potassium Nitrate Market by Raw Material, 2019 - 2022, USD Million
TABLE 54 Germany Potassium Nitrate Market by Raw Material, 2023 - 2030, USD Million
TABLE 55 Germany Potassium Nitrate Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 56 Germany Potassium Nitrate Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 57 Germany Potassium Nitrate Market by End-Use, 2019 - 2022, USD Million
TABLE 58 Germany Potassium Nitrate Market by End-Use, 2023 - 2030, USD Million
TABLE 59 Germany Potassium Nitrate Market by End-Use, 2019 - 2022, Kilo Tonnes
TABLE 60 Germany Potassium Nitrate Market by End-Use, 2023 - 2030, Kilo Tonnes
TABLE 61 UK Potassium Nitrate Market, 2019 - 2022, USD Million
TABLE 62 UK Potassium Nitrate Market, 2023 - 2030, USD Million
TABLE 63 UK Potassium Nitrate Market, 2019 - 2022, Kilo Tonnes
TABLE 64 UK Potassium Nitrate Market, 2023 - 2030, Kilo Tonnes
TABLE 65 UK Potassium Nitrate Market by Raw Material, 2019 - 2022, USD Million
TABLE 66 UK Potassium Nitrate Market by Raw Material, 2023 - 2030, USD Million
TABLE 67 UK Potassium Nitrate Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 68 UK Potassium Nitrate Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 69 UK Potassium Nitrate Market by End-Use, 2019 - 2022, USD Million
TABLE 70 UK Potassium Nitrate Market by End-Use, 2023 - 2030, USD Million
TABLE 71 UK Potassium Nitrate Market by End-Use, 2019 - 2022, Kilo Tonnes
TABLE 72 UK Potassium Nitrate Market by End-Use, 2023 - 2030, Kilo Tonnes
TABLE 73 France Potassium Nitrate Market, 2019 - 2022, USD Million
TABLE 74 France Potassium Nitrate Market, 2023 - 2030, USD Million
TABLE 75 France Potassium Nitrate Market, 2019 - 2022, Kilo Tonnes
TABLE 76 France Potassium Nitrate Market, 2023 - 2030, Kilo Tonnes
TABLE 77 France Potassium Nitrate Market by Raw Material, 2019 - 2022, USD Million
TABLE 78 France Potassium Nitrate Market by Raw Material, 2023 - 2030, USD Million
TABLE 79 France Potassium Nitrate Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 80 France Potassium Nitrate Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 81 France Potassium Nitrate Market by End-Use, 2019 - 2022, USD Million
TABLE 82 France Potassium Nitrate Market by End-Use, 2023 - 2030, USD Million
TABLE 83 France Potassium Nitrate Market by End-Use, 2019 - 2022, Kilo Tonnes
TABLE 84 France Potassium Nitrate Market by End-Use, 2023 - 2030, Kilo Tonnes
TABLE 85 Russia Potassium Nitrate Market, 2019 - 2022, USD Million
TABLE 86 Russia Potassium Nitrate Market, 2023 - 2030, USD Million
TABLE 87 Russia Potassium Nitrate Market, 2019 - 2022, Kilo Tonnes
TABLE 88 Russia Potassium Nitrate Market, 2023 - 2030, Kilo Tonnes
TABLE 89 Russia Potassium Nitrate Market by Raw Material, 2019 - 2022, USD Million
TABLE 90 Russia Potassium Nitrate Market by Raw Material, 2023 - 2030, USD Million
TABLE 91 Russia Potassium Nitrate Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 92 Russia Potassium Nitrate Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 93 Russia Potassium Nitrate Market by End-Use, 2019 - 2022, USD Million
TABLE 94 Russia Potassium Nitrate Market by End-Use, 2023 - 2030, USD Million
TABLE 95 Russia Potassium Nitrate Market by End-Use, 2019 - 2022, Kilo Tonnes
TABLE 96 Russia Potassium Nitrate Market by End-Use, 2023 - 2030, Kilo Tonnes
TABLE 97 Spain Potassium Nitrate Market, 2019 - 2022, USD Million
TABLE 98 Spain Potassium Nitrate Market, 2023 - 2030, USD Million
TABLE 99 Spain Potassium Nitrate Market, 2019 - 2022, Kilo Tonnes
TABLE 100 Spain Potassium Nitrate Market, 2023 - 2030, Kilo Tonnes
TABLE 101 Spain Potassium Nitrate Market by Raw Material, 2019 - 2022, USD Million
TABLE 102 Spain Potassium Nitrate Market by Raw Material, 2023 - 2030, USD Million
TABLE 103 Spain Potassium Nitrate Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 104 Spain Potassium Nitrate Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 105 Spain Potassium Nitrate Market by End-Use, 2019 - 2022, USD Million
TABLE 106 Spain Potassium Nitrate Market by End-Use, 2023 - 2030, USD Million
TABLE 107 Spain Potassium Nitrate Market by End-Use, 2019 - 2022, Kilo Tonnes
TABLE 108 Spain Potassium Nitrate Market by End-Use, 2023 - 2030, Kilo Tonnes
TABLE 109 Italy Potassium Nitrate Market, 2019 - 2022, USD Million
TABLE 110 Italy Potassium Nitrate Market, 2023 - 2030, USD Million
TABLE 111 Italy Potassium Nitrate Market, 2019 - 2022, Kilo Tonnes
TABLE 112 Italy Potassium Nitrate Market, 2023 - 2030, Kilo Tonnes
TABLE 113 Italy Potassium Nitrate Market by Raw Material, 2019 - 2022, USD Million
TABLE 114 Italy Potassium Nitrate Market by Raw Material, 2023 - 2030, USD Million
TABLE 115 Italy Potassium Nitrate Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 116 Italy Potassium Nitrate Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 117 Italy Potassium Nitrate Market by End-Use, 2019 - 2022, USD Million
TABLE 118 Italy Potassium Nitrate Market by End-Use, 2023 - 2030, USD Million
TABLE 119 Italy Potassium Nitrate Market by End-Use, 2019 - 2022, Kilo Tonnes
TABLE 120 Italy Potassium Nitrate Market by End-Use, 2023 - 2030, Kilo Tonnes
TABLE 121 Rest of Europe Potassium Nitrate Market, 2019 - 2022, USD Million
TABLE 122 Rest of Europe Potassium Nitrate Market, 2023 - 2030, USD Million
TABLE 123 Rest of Europe Potassium Nitrate Market, 2019 - 2022, Kilo Tonnes
TABLE 124 Rest of Europe Potassium Nitrate Market, 2023 - 2030, Kilo Tonnes
TABLE 125 Rest of Europe Potassium Nitrate Market by Raw Material, 2019 - 2022, USD Million
TABLE 126 Rest of Europe Potassium Nitrate Market by Raw Material, 2023 - 2030, USD Million
TABLE 127 Rest of Europe Potassium Nitrate Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 128 Rest of Europe Potassium Nitrate Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 129 Rest of Europe Potassium Nitrate Market by End-Use, 2019 - 2022, USD Million
TABLE 130 Rest of Europe Potassium Nitrate Market by End-Use, 2023 - 2030, USD Million
TABLE 131 Rest of Europe Potassium Nitrate Market by End-Use, 2019 - 2022, Kilo Tonnes
TABLE 132 Rest of Europe Potassium Nitrate Market by End-Use, 2023 - 2030, Kilo Tonnes
TABLE 133 Key Information – AG CHEMI GROUP s r. o.
TABLE 134 Key Information – Positive Chemicals Pvt. Ltd.
TABLE 135 Key Information – Arihant Chemical
TABLE 136 Key Information – Ravi Chem Industries
TABLE 137 Key Information – Jagannath Chemicals
TABLE 138 Key Information – SQM S.A.
TABLE 139 Key Information –SNDB
TABLE 140 Key Information – Haifa Negev technologies Ltd.
TABLE 141 Key Information – KEMAPCO Arab Fertilizers & Chemicals Industries Ltd.
TABLE 142 Key Information – Zhejiang Lianda Chemical Co Ltd
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Potassium Nitrate Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Potassium Nitrate Market
FIG 4 Porter’s Five Forces Analysis – Potassium Nitrate Market
FIG 5 Europe Potassium Nitrate Market share by Raw Material, 2022
FIG 6 Europe Potassium Nitrate Market share by Raw Material, 2030
FIG 7 Europe Potassium Nitrate Market by Raw Material, 2019 - 2030, USD Million
FIG 8 Europe Potassium Nitrate Market share by End-Use, 2022
FIG 9 Europe Potassium Nitrate Market share by End-Use, 2030
FIG 10 Europe Potassium Nitrate Market by End-Use, 2019 - 2030, USD Million
FIG 11 Europe Potassium Nitrate Market share by Country, 2022
FIG 12 Europe Potassium Nitrate Market share by Country, 2030
FIG 13 Europe Potassium Nitrate Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: AG CHEMI GROUP s r. o.