Scope of the Study
Potassium metabisulfite, is also known as potassium pyrosulfite. It is a white crystalline powder with a pungent odour and used as an antioxidant or chemical sterilant. As it is a disulfite, it is chemically very similar to sodium metabisulfite, and can be interchangeably used. Potassium metabisulfite preservative is commonly used in households for wine making, and for preserving all kinds of vegetables and fruit. Further, it is used for sulphurising wine because it releases sulphur dioxide that has bactericidal properties.
The market study is being classified by Type (Industrial Grade and Food Grade), by Application (Beer, Food preservatives, Textiles, Wine and Photographic chemicals) and major geographies with country level break-up.
Esseco (United Kingdom), BASF (United States), Aditya Birla Chemicals (India), Imperial Oilfield Chemicals (India), Jay Dinesh Chemicals (India), Shalibhadra Group (India), Triveni Chemicals (India), Shakti Chemicals (India), Ultramarines India (India) and Advance Chemical Sales (India) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that India Vendors will contribute to the maximum growth of Global Potassium Metabisulfite market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Potassium Metabisulfite market by Type, Application and Region.
On the basis of geography, the market of Potassium Metabisulfite has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Younger Population and Demand of Beer
- Rising Demand of Packaged Foods is Fuelling the Market
- Change in Lifestyle of Individuals
- Increasing Restrictions on Consumption of Wine or Beer
- Increasing Disposable Income is Boosting the Market
- Limited Number of Manufacturing of Potassium Metabisulfite
Key Target AudienceManufacturers, Raw material suppliers, Government associations, Research organisations and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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