Market Overview:
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.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies Profiled | 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) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Vendors of Potassium Metabisulfite Market Study:
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)
Potassium Metabisulfite Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | Beer, Food preservatives, Textiles, Wine and Photographic chemicals |
Type | Industrial Grade and Food Grade |
Distribution channel | Online,Offline |
Potassium Metabisulfite Market Changing Dynamics
Attributes | Details |
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Growth Drivers | - Increasing Younger Population and Demand of Beer
- Rising Demand of Packaged Foods is Fuelling the Market
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Influencing Trends | - Change in Lifestyle of Individuals
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Restraints | - Increasing Restrictions on Consumption of Wine or Beer
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Road Blocks / Challenges | - Limited Number of Manufacturing of Potassium Metabisulfite
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Gaps & Opportunities | - Increasing Disposable Income is Boosting the Market
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. The Global Potassium Metabisulfite market is gaining huge competition due to involvement of India companies that constantly invest in research & development to meet market expectation with new innovation.
Latest Industry Highlights:
In February 2022- BSG Distilling announced the launch of a new product which contains Antioxidant and antimicrobial agents. This potassium metabisulfite is a high-quality white crystalline powder that does not clump.
In June 2022- Aditya Birla Chemicals company serves a varied industry with products that are in the manufacturing of certain products is used as one of the starch manufacturing processes uses sodium metabisulphite as a preservative and bleaching of starch to make it whiter.
Iran's government banned the sodium benzoate natamycin and potassium sorbate and in dairy products, even though these preservations are generally recognized as safe according to the US Dood and drug administration.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Potassium Metabisulfite market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Potassium Metabisulfite market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers, Raw material suppliers, Government associations, Research organisations and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.