The report "Potassium Metabisulfite Market by Application (Wine Industry, Beer Industry, Food Preservatives, Textile Industry, Photographic Chemicals, & Others) - Global Forecast to 2020", defines and segments the global potassium metabisulfite market with analysis and forecasting in terms of volume and value. The potassium metabisulfite market in terms of value is estimated to grow from USD 355.5 Million in 2015 to USD 436.3 Million in 2020 and is expected to register a CAGR of 4.2%.
Browse 43 tables and 18 figures spread through 75 Pages and in-depth TOC on "Potassium Metabisulfite Market by Application (Wine Industry, Beer Industry, Food Preservatives, Textile Industry, Photographic Chemicals, & Others) - Global Forecast to 2020"
Early buyers will receive 10% customization on reports.
The potassium metabisulfite market is projected to grow at a CAGR of 4.6% between 2015 and 2020, in terms of volume. The demand for potassium metabisulfite is mainly driven by growth in the demand for wine and beer manufacturing industries. Also, the growth of the food preservatives industry is driving the growth of potassium metabisulfite in countries with stringent regulation on non-food chemicals used in food and beverages industry.
The consumption of potassium metabisulfite is the highest in the European region. The region accounted for over 50.2% of the total market in 2014 in terms of volume. The growing demand for wine and beer and food preservatives in Europe is the major driver of potassium metabisulfite market in the region. The growth of potassium metabisulfite in Asia-Pacific region is the fastest as compared to other regions. The high growth in the Asia-Pacific region is due to the increasing youth population which have beer as their drinking preference as compared to other alcoholic drinks.
The top companies in the potassium metabisulfite market include BASF SE (Germany), Aditya Birla Chemicals Thailand (India), Murphy and Son Ltd. (U.K), Jay Dinesh Chemicals (India) and Laffort (France) among others.
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Email: [email protected]