Potassium chlorate Price Trends & Forecasts | Provided by Procurement Resource

Potassium chlorate is a white, crystalline chemical compound or a powder-like substance comprising chlorine, potassium, and oxygen ions.

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substance is a strong oxidising agent that is used in producing fireworks, matches, and explosives. It has solubility in alcohol, water, glycerol, and acetone.

Key Details About the Potassium chlorate Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Potassium chlorate price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Potassium chlorate Price Trend, including India Potassium chlorate price, USA Potassium chlorate price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Potassium chlorate Price Trend:

As a strong oxidising agent, potassium chlorate is mainly used in making fireworks, matches (as a top coating mixed with other chemicals), and explosives (used in mining and construction) which drive its demand forward. In addition to these uses, it is employed in a wide range of applications like textiles, dyeing, and leather products.

In laboratory research work, the compound works like an herbicide and an oxygen source. In the electronics sector, it is used in displays as it's used for making pyrotechnics that adds bright colours to the final product. Other uses of the substance boosting its market growth include its application in the production of various chemicals like dyes, textiles, and leather products.

Key Players:

• Evonik Industries
• LG Chem
• Dow Chemical
• E. I. du Pont de Nemours and Company
• Mitsubishi Chemical
• BASF

News & Recent Development

• 8 February 2023- In a sample's chemical analysis, it was found that the banned chemical potassium chlorate was being used to make fireworks at the Kundannoor unit.

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