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The demand for potassium permanganate continues to increase and the industrial scale expands
2023/8/8
Potassium permanganate is an inorganic compound with strong oxidation and bleaching properties. Potassium permanganate is mainly used for disinfection, bleaching, and water treatment. With the continuous improvement of potassium permanganate production and demand, the industrial scale has also expanded, and the future market prospect is still broad.
Development Status of Potassium Permanganate Industry
Potassium permanganate (KMnO4) is commonly known as gray manganese oxide, and its solid appearance is purple-black. Medically, it is called PP powder, which is an essential medicine in daily life. Because it is a strong oxidant, it releases free oxygen when it encounters organic matter, so it has the effects of sterilization, disinfection, antisepsis, and deodorization. It is widely used in papermaking inspection, water treatment, seedlings, planting, breeding, etc. , disinfectants and oxidants in the pharmaceutical industry, etc. With the increase in production, demand and price, the market size of potassium permanganate in my country has been continuously expanding. The general situation and current situation of the potassium permanganate industry show that the market size of my country's potassium permanganate industry will be 985 million yuan in 2021, an increase of 10.55% over the previous year; A year-on-year increase of 10.56%.
my country's potassium permanganate production has a history of about 70 years. Ten years ago, my country's potassium permanganate production accounted for 55% of the global production. In recent years, with the steady growth of the overall domestic demand for potassium permanganate, the output of potassium permanganate in my country has continued to increase. From 2016 to 2022, the output of potassium permanganate in my country increased from 58,000 tons to 80,242 tons; the demand increased from 47,256 tons to 67,767 tons. Overview and current status of the potassium permanganate industry From the perspective of growth rate, since 2018, under the background of an overall oversupply in the market and stricter environmental protection policies, low-end potassium permanganate production enterprises have gradually cleared up, and the growth rate of potassium permanganate output slow down.
At present, my country is the main producer of potassium permanganate products in the world. The domestic production capacity of potassium permanganate exceeds 100,000 tons, accounting for more than 80% of the global production capacity. The general situation and status quo of the potassium permanganate industry points out that the potassium permanganate market is mainly monopolized by several large enterprises at home and abroad. Domestic enterprises mainly include Yunnan Manganese Industry, Guangdong Hongda Chemical, Hunan Zhongxing Chemical, Hunan Weifeng Chemical, etc. Foreign enterprises include American Manganese Chemical Company, Japanese Mining Company, and German BASF. Among them, Yunnan Manganese Industry is one of the largest manufacturers of potassium permanganate in China, with stable product quality and high market share.
Potassium permanganate market has broad prospects
With the rapid development of our country's economy, potassium permanganate is more and more widely used in our country, especially in the treatment of urban domestic sewage, purification of drinking water and sanitation and disinfection in daily life, which has attracted more and more attention. Domestic demand has grown enormously. As some foreign potassium permanganate producers gradually withdraw from the market, it is believed that the export market of potassium permanganate will become more and more impressive in the next few years. It can be seen that potassium permanganate is still an inorganic chemical product with broad market prospects.
With the improvement of global environmental awareness, the demand for potassium permanganate in the field of water treatment is increasing year by year. At the same time, with the development of crop planting technology and aquaculture, the application of potassium permanganate in the agricultural field will also increase. In addition, the demand for potassium permanganate in medicine, electronics and other fields will gradually increase.
There is also a great demand for potassium permanganate in the agricultural field. Potassium permanganate can be used as a herbicide to control the growth of weeds and harmful plants. In addition, it can also promote the growth of crops and the development of fruits, and improve the yield and quality of crops. For lawn maintenance and horticultural landscape management, potassium permanganate can be used to control weeds and insects in lawns. Since potassium permanganate is a chemical with the characteristics of environmental protection, safety and high efficiency, its market demand will continue to increase. At the same time, with the continuous advancement of technology, the production process of potassium permanganate will be continuously optimized, and the product quality will be further improved.
Generally speaking, potassium permanganate is toxic and dangerous to a certain extent, and relevant safety regulations must be strictly followed during use. The development prospects of the potassium permanganate industry also need to be combined with the requirements of environmental protection and sustainable development to promote innovation and research and promote the sustainable development of the industry.
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