Potassium Phosphite Definition
A salt or ester of potassium hydroxide and phosphoric acid is known as potassium phosphite. It shields crops from fungi-related diseases when used as a fungicide. Additionally, this substance is utilised as fertiliser to boost plant growth. It comes in two different states: liquid and solid. This is helpful for the management of several fungi-related crop diseases.
Download a Free Sample Copy of the Report:https://analyticsmarketresearch.com/sample-request/potassium-phosphite-market/40552/
Global Potassium Phosphite Market: Trends & Developments
The rise in potassium phosphite use across a number of industries has led to an increase in demand for the substance. Premium fertilisers include potassium phosphite. There are no significant applications and the cost value is considerable. The market is being driven by developments in the potassium phosphite sector’s end-use sectors as well as technology. Despite the reduction in arable land, agricultural productivity has been increasing. Potassium phosphite application triggers a plant’s defence system. It also works well with practically all kinds of fungicides and insecticides. However, the market for potassium phosphite is projected to experience a decline in the next years due to adverse effects on humans during processing and a growing desire for organic and environmentally friendly fertilisers.
By neutralising phosphonic acid with an alkali salt, usually potassium hydroxide, potassium phosphate is produced (KOH). It serves as the main element in phosphonate fungicides such as Alude, Magellan, Vital, Vital Sign, Resyst, and others. A number of phosphite fertiliser formulations, such as K-Phite, Ele-Max Foliar Phosphite, and Nutri Phite P + K, also contain potassium phosphite as their primary component.
Global Potassium Phosphite Market: Major Players
Plant Food Company
Plant Food Systems
AGRI Nova
Australian Agricultural Chemicals
Pacific Agriscience
Growth Products
Phoenix Environmental Care
Van Iperen
Suzhou Coonit Fine Chemical Technology
Agrowchem
Luxembourg-Pamol
Currie Chemical
Rudong Huayun Chem
Haifa Group
Global Potassium Phosphite Market: By Types
Liquid
Solid
Global Potassium Phosphite Market: By Applications
Fungicide
Fertilize
Other
Based on application, the potassium phosphate market is divided into fungicide, fertiliser, and other segments. The usage as a fire retardant and in water treatment chemicals are among the additional applications. Utilized as a fertiliser in agriculture, potassium phosphite delivers minerals like nitrogen, phosphorus, and sulphur to encourage plant growth. Potassium phosphite has been shown to boost crop production by 20%. Additionally, it enhances soil quality by making the soil more acidic and raising the pH balance of the soil. In order to avoid fungal diseases brought on by contamination during production or storage facilities at these locations, fungicides are widely employed across a variety of industries, including food processing plants and paper mills among others.
Liquid potassium phosphite has the chemical formula K3PO3 and is an inert salt. Its molar mass is 212.27 g/mol and is water soluble. This kind of phosphite is employed in the treatment of water, as a food additive, and as a fertiliser. Crops may receive it by irrigation or foliar feeding. Additionally efficient at preventing or lessening the severity of illnesses brought on by fungi, bacteria, and viruses is liquid potassium phosphite. Black spot, rust, scab, and powdery mildew are a few of these ailments.
Direct Purchase Potassium Phosphite Market Report:https://analyticsmarketresearch.com/purchase/potassium-phosphite-market/40552/?license=single
Reasons to Purchase the Potassium Phosphite Market Report:
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
