Potassium nitrate has a wide range of applications and the market size continues to expand

Potassium nitrate, also known as fire nitrate and earth nitrate, is an inorganic compound with the molecular formula KNO3. It appears as colorless transparent prismatic crystals or white powder. It is soluble in water, dilute ethanol and glycerol, but insoluble in absolute ethanol and ether. . Potassium hydroxide or potassium carbonate is used to neutralize nitric acid, and potassium nitrate can be obtained by evaporation and crystallization. Potassium nitrate is non-volatile, highly soluble, non-toxic, odorless and flammable. It is often used in the manufacture of gunpowder, glass, matches, fertilizers and analytical reagents.

The raw materials for making potassium nitrate include sodium nitrate, ammonium nitrate, potassium carbonate, potassium hydroxide, nitric acid and potassium chloride, among which potassium hydroxide is an important raw material for the preparation of potassium nitrate. In recent years, my country’s potassium hydroxide industry has enjoyed high prosperity and is widely used in fields such as potassium salts, advanced alkaline batteries, and food additives. Market demand has driven the continuous expansion of potassium hydroxide production capacity. In 2021, my country’s potassium hydroxide production capacity will reach 1.326 million tons, a year-on-year increase of 6.5%. The supply of raw materials is sufficient, providing a foundation and guarantee for the development of the potassium nitrate industry. In 2021, my country’s potassium nitrate market will reach 4.412 million tons, a year-on-year increase of 1.9%.

According to the “2022-2027 China Potassium Nitrate Industry Comprehensive Market Research and Investment Analysis Report released by the Industrial Research Center, potassium nitrate It is an important chemical substance in the industrial and agricultural fields. It is a chlorine-free high-efficiency compound fertilizer and inorganic chemical product. As an agricultural fertilizer, potassium nitrate contains 13.5% nitrate nitrogen and 46.0% potassium. It can quickly provide nutrients to crops under various conditions and has good water solubility. Long-term application will not cause soil acidification. Industrial grade potassium nitrate is mainly used in gunpowder, pyrotechnics, ceramics, precision instrument glass, touch screen glass and other industries. In addition, potassium nitrate is also used for solar power generation. The energy storage material in the solar thermal storage tank is nitrate, which is composed of potassium nitrate and sodium nitrate.

my country is the world’s largest producer of potassium nitrate, with numerous production companies and fierce market competition. Potassium nitrate production enterprises are concentrated in the northwest, southwest and central China, and the above areas have large potash resource reserves. Qinghai Salt Lake Industry, Wentong Potash Group, Shanxi Jiaocheng Bingsheng Chemical Industry and Zhejiang Lianda Chemical Industry rank at the forefront of my country’s potassium nitrate production capacity. Qinghai Salt Lake Industry is an advantageous resource-based enterprise. It has the largest potash fertilizer industrial production base in my country and has long been committed to the development and utilization of salt lakes. Its annual potassium nitrate production capacity accounts for nearly 25.0% of the country’s total production capacity, ranking first in the country.

Industry analysts said that with the rapid development of emerging technologies, the demand for potassium nitrate in new energy, industry, agriculture and other fields will be even stronger , the quality requirements for potassium nitrate products will also become increasingly higher. my country’s potassium nitrate output ranks first in the world, and major production companies continue to upgrade and adjust their industrial structure to improve resource utilization and development capabilities. In recent years, my country’s potassium nitrate market has continued to expand, and the industry has broad prospects for development.