The global potassium permanganate market reached a value of USD 1226.30 Million in 2024. The market is expected to grow in the forecast period of 2025-2034 at a CAGR of 10.30% to attain a value of USD 3268.53 Million by 2034.
Base Year
Historical Year
Forecast Year
Value in USD Million
2025-2034
Potassium Permanganate Market Outlook
*this image is indicative*
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The global potassium permanganate market is being driven by a growing health awareness among the consumers as well as various government initiatives worldwide focussing on the supply of treated soft water, and the disposal of wastewater.
The market is being aided by a growing market for the product’s feedstock, potassium hydroxide (KOH). In 2020, the global capacity of potassium hydroxide was estimated to be 2.6 million tons, growing at a CAGR of 4.5% in between 2018-2023.
The global demand for KOH was around 2.2 million tons with a 88% capacity utilization in 2017. The market for potassium hydroxide will see robust growth in its demand, growing at a CAGR of 11% till 2026, to reach a value of USD 1136 million.
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Potassium permanganate, also known as Condy’s crystals or permanganate of potash, is a dark purple coloured salt with the chemical formula of KMnO4. It is made of K+ and MnO4− ions and comprises of odourless and sweet tasting crystals which are soluble in alcohol and water. In the industrial level, it is manufactured by drying the suspension which is produced by mixing manganese dioxide in potassium hydroxide solution.
Based on grade, the industry can be segmented as follows:
It finds wide applications in the following sectors:
The regions included in the market report are:
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Government initiatives developing new water treatment methods are also aiding the potassium permanganate market. Beneficial government schemes and the growing application sectors in countries like China, Brazil, Japan, Saudi Arabia, India, Vietnam, Malaysia, Indonesia, and Argentina has added further impetus to the market.
The growing automotive industry is also expected to drive the demand for potassium permanganate. When mixed with glycerine or anti-freeze agent from car radiators, potassium permanganate reacts to create fire and is thus, used in automobiles in the fire starter kits.
In 2018, China was the leading market globally, representing over 50% of the total global production of the chemical. USA, European Union and India are the other leading markets for potassium permanganate. In Europe, regulatory authorities overseeing the purification of air, odour control and maintaining oxygen levels have provided various opportunities for the potassium permanganate market growth. China is also the largest exporter of potassium permanganate followed by USA, Belgium and India.
The report gives a detailed analysis of the following key players in the global potassium permanganate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Potassium Permanganate Market Size
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2024, the global potassium permanganate market attained a value of USD 1226.30 Million.
In the forecast period of 2025-2034, the market is projected to grow at a CAGR of 10.30%.
By 2034, the market is estimated to reach a value of USD 3268.53 Million.
The major drivers of the market include the increasing population and rising disposable incomes, growing feedstock and automobile markets, and rising health awareness among the consumers.
Various government initiatives globally focussing on the supply of treated soft water and the disposal of wastewater is likely to be a key trend guiding the growth of the market.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market, with the Asia Pacific accounting for the largest market share.
The major grades of potassium permanganate are free flowing grade, technical grade, and pharmaceutical grade.
The major application sectors include water treatment, waste water treatment, chemicals manufacturing, aquaculture, metal processing, and air and gas purification, among others.
The leading players in the global potassium permanganate market are Changyuan Group, Carus Group Inc., Organic Industries Pvt. Ltd., B2Brazil, Libox Chem India Pvt. Ltd, and Seidler Chemical Co, Inc., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Grade |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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