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Report Overview
The global potassium permanganate market, valued at USD 1226.30 Million in 2024, has experienced significant growth due to its widespread use in water purification to remove contaminants and enhance water quality. The market is projected to grow at a compound annual growth rate (CAGR) of 10.30% from 2025 to 2034, potentially reaching USD 3268.53 Million by 2034, driven by increasing industrial applications and growing health concerns.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
- The EPA (2022) reports that potassium permanganate is extensively used in industrial and municipal water treatment, making up 36.1% of total domestic consumption. Its oxidising properties help purify water, remove contaminants, and enhance water quality, supporting sustainable water management in the US.
- Industry reports, states that 81% of the EU population is connected to secondary-level wastewater treatment. Potassium permanganate plays a crucial role in improving wastewater treatment, ensuring more effective removal of organic pollutants, and enhancing the quality of European surface water, contributing to environmental sustainability.
- As per the India Brand Equity Foundation (IBEF), India’s textile sector is projected to surpass USD 209 billion by 2029. Potassium permanganate is integral in textile processing, particularly in dyeing and bleaching, facilitating cleaner and more efficient operations as the sector expands and modernises.
Competitive Landscape
The potassium permanganate market key players specialise in producing a wide range of chemicals, including potassium permanganate, which is utilised in water treatment, agriculture, pharmaceuticals, and industrial applications. These companies are dedicated to delivering high-quality products that meet international standards, serving both domestic and global markets. They prioritise sustainability by adopting eco-friendly manufacturing practices and minimising environmental impact.
Key Industry Players
Changyuan Group: Headquartered in China and established in 1998, Changyuan Group is a leading producer of potassium permanganate. The company specialises in manufacturing a range of chemicals used in water treatment, textiles, and industrial applications, focusing on high-quality products and sustainable practices.
Carus Group Inc.: Founded in 1984 and based in the United States, Carus Group is a prominent supplier of specialty chemicals, including potassium permanganate. The company serves various industries, such as water treatment, agriculture, and chemicals, with a strong emphasis on environmental sustainability and innovative solutions.
Organic Industries Pvt. Ltd.: Established in 1986 and headquartered in India, Organic Industries Pvt. Ltd. produces a wide range of chemicals, including potassium permanganate. The company focuses on delivering eco-friendly products for industries such as agriculture, water treatment, and chemicals, while maintaining high quality and sustainability standards.
B2Brazil: It was founded in 2010 and is a Brazilian business-to-business platform that connects buyers and sellers across industries, including chemicals like potassium permanganate. Headquartered in São Paulo, it facilitates global trade, offering a wide range of products to enhance international business opportunities.
Other key players in the potassium permanganate market report are Libox Chem India Pvt. Ltd and Seidler Chemical Co, Inc., among others.
Potassium Permanganate Market Report Snapshots
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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Key Questions Answered in the Report
In 2024, the potassium permanganate market reached an approximate value of USD 1226.30 Million.
The market is assessed to grow at a CAGR of 10.30% between 2025 and 2034.
The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of around USD 3268.53 Million by 2034.
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.
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