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The global potassium nitrate market is expected to post a CAGR of over 4% during 2019-2023, according to the market research report by Technavio.
Therefore, the demand for potassium nitrate-based fertilizers is expected to increase to drive the growth of the global potassium nitrate during the forecast period.
Potassium nitrate, also known as saltpetre, is a white crystalline compound that is soluble in water. It is widely used in the agricultural industry as a fertilizer, as it contains both potassium ...
SQM says the new capacity will serve the specialty fertilizer market as well as operators of concentrated solar power plants, which use molten potassium nitrate and sodium nitrate to transfer and ...
Portland, OR, Oct. 20, 2022 (GLOBE NEWSWIRE) -- As per the report, the global potassium nitrate market accounted for $1.7 billion in 2021, and is expected to register $2.4 billion by 2031, growing ...
As a widely-used synthetic fertiliser, ammonium nitrate and its chemical cousins ammonium sulfate, sodium nitrate and potassium nitrate are significant contributors to climate change.
Potassium nitrate (KNO 3), known historically as saltpeter or the mineral niter, is a common salt with multiple uses. It has been known since antiquity; an early appearance in the chemical literature ...
The enterprise also represents Belarus' first factory to make potassium nitrate. Fertilizers will be made using Migao Corporation's technology by converting ammonium nitrate and potassium chloride.