Rising Demand of Potassium Nitrate (KNO3). Production of Potassium Nitrate

Rising Demand of Potassium Nitrate (KNO3). Production of Potassium Nitrate

Potassium nitrate (KNO3, NOP) is known to be the only binary fertilizer that consists of the two important macro-nutrients nitrogen and potassium that are required by most crops at the largest amounts, and mainly at similar rates. Hence while using potassium nitrate both nutrients are taken up parallel, at high rates, needed by the plant, unlike the situation occurring with e.g. potassium sulfate or potassium thiosulfate, in which the sulfate anion which is required at much lower rates is left behind in the soil, building up high concentration, and producing a salinity problem and reducing soil pH, these latter features are specifically important for the tobacco plant which is sensitive to both salinity and to excessively acidic soil.

Related Projects:- Chemicals (Organic, Inorganic, Industrial) Projects

Potassium nitrate (KNO3) is a white to grey ionic salt which is found in nature as saltpeter or niter. The crystalline solid is non-combustible and slightly soluble in water, whereas, its solubility increases with temperature. Potassium nitrate is a strong oxidizing agent that can be exploded on reaction with other organic compounds. Owing to its beneficial properties, potassium nitrate is used as a constituent of fertilizers, fireworks, saltpeter, or niter. It is also used in kinds of toothpaste as it gives protection against teeth sensitivity.

The Advantages of Potassium to All Plants, With a Special Focus on Tobacco: 
 Related Books:- Chemical Technology (Organic, Inorganic, Industrial), Fine Chemicals
Growing Market of Potassium Nitrate

The market of potassium nitrate has seen a steady growth owing to various favorable factors. The market value is projected to reach the US $1.83 billion by 2024, growing at a CAGR of 3.26% during 2019-2024. Potassium nitrate has been used to preserve food items, like beef, salami, ham, etc. since the medieval ages. Nowadays, it is extensively used in the food industry for curing meat which represents the major demand-driver for the growth of the market.

 

Related Videos:- Chemicals (Organic, Inorganic, Industrial)

Additionally, potassium nitrate is used in the production of fertilizers. As the government of developing nations is offering subsidies for the sales of fertilizers among the farmers, the consumption of potassium nitrate has seen a surge in the segment of agriculture. Also, growing demand for specialty fertilizers is further stimulating the growth of the market.

 Conclusion

Niir Project Consultancy Services (NPCS) has made a project report on “Potassium Nitrate from Tobacco extract” The detailed project report covers the Indian market, present analysis, and forecast for a period of five years. The report has helped a lot of people in identifying a project for investing or diversifying into by throwing light on crucial areas like industry size, the market potential of the product, and reasons for investing in the product. You can get this and a lot of other project reports on the official website of NPCS.

Related Project:- Potassium Nitrate From Potassium Chloride

 

 

Noo_Art20

Exit mobile version