Global and United States Monopotassium Phospahte (MKP) Market Report & Forecast 2022-2028

Monopotassium phosphate (MKP), is a potassium dihydrogenphosphate. Monopotassium phosphate is a soluble salt of dihydrogen phosphate and potassium ion.
Market Analysis and Insights: Global and United States Monopotassium Phospahte (MKP) Market
This report focuses on global and United States Monopotassium Phospahte (MKP) market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Monopotassium Phospahte (MKP) market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, by Type, Powder accounting for % of the Monopotassium Phospahte (MKP) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Food and Beverage was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
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.
Global Monopotassium Phospahte (MKP) Scope and Market Size
Monopotassium Phospahte (MKP) market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Monopotassium Phospahte (MKP) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Monopotassium Phospahte (MKP) market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Powder
Crystal
Liquid
Segment by Application
Food and Beverage
Pharmaceutical
Animal Feed and Pet Food
Personal Care and Cosmetics
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Sandoz
Pharmaceutical Associates
Master Plant-Prod
Prayon Group
Charkit Chemical
Allan Chemical