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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.
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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.
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 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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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
+91-723-689-1189
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