The chemical formula of potassium phosphite is H2KO3P. Various products containing potassium phosphite are sold as either fertilizers to address potassium deficiencies, or as fungicide products to manage specific disease issues. Potassium phosphite has the unique property of increasing resistance against several disease and environmental stress issues by boosting both the rate and intensity of the existing plant defense systems. Potassium phosphite is a soil applied material that has recently gained attention as a method for improving plant vigor and health. Research and field experience have shown that this improvement of plant health after application of potassium phosphite is related to an increase in resistance against a variety of plant pathogens, as well as increased tolerance of many environmental stress factors, including drought stress.
This report contains market size and forecasts of Potassium Phosphite in global, including the following market information:
Global Potassium Phosphite Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Potassium Phosphite Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Potassium Phosphite companies in 2021 (%)
The global Potassium Phosphite market was valued at 107 million in 2021 and is projected to reach US$ 137.4 million by 2028, at a CAGR of 3.6% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Liquid Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Potassium Phosphite include Van Iperen, Haifa Group, Luxembourg-Pamol, Rudong Zhenfeng Yiyang, Suzhou Coonit, Douglas Products, Plant Food Company, Australian Agricultural Chemicals and Rudong Huayun Chem, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Potassium Phosphite manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Potassium Phosphite Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Potassium Phosphite Market Segment Percentages, by Type, 2021 (%)
Liquid
Solid
Global Potassium Phosphite Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Potassium Phosphite Market Segment Percentages, by Application, 2021 (%)
Fungicide
Fertilize
Other
Global Potassium Phosphite Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Potassium Phosphite Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Potassium Phosphite revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Potassium Phosphite revenues share in global market, 2021 (%)
Key companies Potassium Phosphite sales in global market, 2017-2022 (Estimated), (MT)
Key companies Potassium Phosphite sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Van Iperen
Haifa Group
Luxembourg-Pamol
Rudong Zhenfeng Yiyang
Suzhou Coonit
Douglas Products
Plant Food Company
Australian Agricultural Chemicals
Rudong Huayun Chem
Skyliteagrochem
AGRI Nova
Pacific Agriscience