A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Potassium
Chlorate
market. The study,
titled “Potassium
Chlorate Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2014 - 2020”,
is available for sale on the firm’s website.
Potassium
chlorate is a versatile chemical compound which has extensive
industrial applications. Potassium chlorate generally occurs as a
white or colorless, crystalline, water-soluble solid. It is the most
common chlorate in commercial use. Potassium chlorate is used chiefly
as an oxidizing agent in the manufacture of fireworks, explosives,
matches, disinfectants and bleaches. Potassium chlorate is a strong
oxidant and reacts easily with sulfur, carbon, phosphorous and
organic compounds. In addition potassium chlorate is insoluble in
water. Potassium chlorate is produced commercially by passing
chlorine into the hot milk of lime and subsequently adding potassium
chloride. Furthermore, potassium chlorate can be manufactured in
small quantities by passing chlorine gas into a hot solution of
caustic potash.
Get
PDF Brochure for more Professional and Technical insights :
Potassium
chlorate has numerous applications due to its superior chemical and
physical properties. Potassium chlorate is a necessary ingredient in
modern firearms. Potassium chlorate is used as an ingredient in smoke
compositions such as smoke grenades. Potassium chlorate is also used
in laboratories and educational institutions to generate oxygen gas.
Potassium chlorate is used as a pesticide due to its weed killer
applications. In Finland, potassium chlorate is sold under the brand
name Fegabit. Potassium chlorate is used in chemical oxygen
generators which are used as oxygen-supply systems of space stations,
aircraft and submarines.
Potassium
chlorate displays potent antimicrobial properties due to its chemical
nature. Potassium chlorate is used in making powerful disinfectants
and used to treat drinking water from pathogens. In addition,
potassium chlorate is used as a basic raw material for the safety
match work industries and as a bleaching agent in the textile
industry. Furthermore, potassium chlorate can be mixed with an
appropriate fuel to form an explosive material called sprengel
explosive.
The
growth in the end user industries is expected to be a major driving
factor for the growth of potassium chlorate market. The growth of
pesticide and defense industry is expected to drive the demand for
potassium chlorate. Potassium chlorate based firearms are more
effective than traditional gunpowder and less likely to be damaged by
water. In addition, growing demand from emerging economies due to
rapid economic growth is expected to increase the demand for
potassium chlorate. However availability of substitutes and
government regulations could hamper the growth of this market.
Potassium
chlorate has a global market due to its extensive industrial
applications. Asia Pacific is one of the fastest growing markets for
potassium chlorate along with Latin America. China and India are the
major consumers of potassium chlorate in Asia Pacific due to growth
of defense and pesticide industries. Republic of Korea, Taiwan,
Vietnam, Malaysia, Indonesia, Pakistan and Japan are other major
consumers of potassium chlorate in Asia Pacific. North America and
Europe are saturated markets and demand for potassium chlorate is
expected to grow at a moderate rate.
Browse
Market Research Report with ToC & Analysis :
Some
of the key players in the Potassium Chlorate market are Dow Chemical
(U.S.), E. I. du Pont de Nemours and Company (U.S.), Mitsubishi
Chemical (Japan), LG Chem (South Korea), BASF (Germany), Sumitomo
Chemical (Japan), Mitsui Chemicals (Japan), Toray Industries (Japan),
Eastman Chemical Company (U.S.), AkzoNobel (Netherlands) and Evonik
Industries (Germany) among others. AkzoNobel is one of the largest
producers of potassium chlorate in Europe.
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends.
Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
Contact
Transparency
Market Research
90
State Street, Suite 700
Albany,
NY 12207
Tel:
+1-518-618-1030
USA
- Canada Toll Free: 866-552-3453
No comments:
Post a Comment