Monopotassium phosphate (MKP), is a potassium dihydrogenphosphate. Monopotassium phosphate is a soluble salt of dihydrogen phosphate and potassium ion.
It is a good source for ammonium phosphate in feed, generally mixed with urea to increase the feeds effectiveness as it maintains soil pH and reduces the loss of feed used in the soil. Other industrial application includes nutraceutical, cosmetics and personal care, and other industrial application. The Monopotassium phosphate market is expected to witness steady global growth over the forecast period owing to its versatile application in growing industries such as hydroponic agriculture, pharmaceutical, and personal care cosmetics. The North America region is expected to dominate the global monopotassium market over the forecast period.
In 2019, the market size of Monopotassium Phospahte (MKP) is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Monopotassium Phospahte (MKP).
This report studies the global market size of Monopotassium Phospahte (MKP), especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Monopotassium Phospahte (MKP) production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Market Segment by Product Type
Market Segment by Application
Food and Beverage
Animal Feed and Pet Food
Personal Care and Cosmetics
Key Regions split in this report: breakdown data for each region.
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Monopotassium Phospahte (MKP) status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Monopotassium Phospahte (MKP) manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Monopotassium Phospahte (MKP) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025