In recent years, the global potassium nitrate market has experienced moderate growth. Potassium nitrate is widely used in concentrated solar power (CSP) plants, as a fertilizer additive in the farming industry and for preserving meat products in the food industry.

Potassium nitrate, when mixed with sodium nitrate, acts as a vital thermal energy storage medium in concentrated solar power (CSP) plants. Since nitrate salts have high latent heat capacities, their rechargeable batteries can store energy for rainy days, thereby improving the efficiency of these plants. Growing concerns regarding the depletion of exhaustible resources have led numerous organizations to resort to sustainable resources like CSPs which, in turn, is bolstering the market growth.

Table of Contents

1   Preface

2   Scope and Methodology

3   Executive Summary

4   Introduction

5   Global Potassium Nitrate Market

6   Market Breakup by Raw Material

7   Market Breakup by End-Use

8   Market Breakup by Region

9   Imports and Exports

10  Potassium Nitrate Manufacturing Process

11  Competitive Landscape
 

Source: Global Potassium Nitrate Market​ Bolstered by Demand for High-Capacity Rechargeable Batteries