Evonik expects Q2 2026 adjusted EBITDA of €600-650mn, up from €509mn a year ago, driven by higher sales volumes and higher prices. Supply chain disruptions affecting Asian competitors provide temporary pricing and availability support; however, the effect is expected to weaken later in 2026 as global shipping stabilizes. Full-year EBITDA outlook raised to €2.0-2.2bn.
Throughout the majority of Q1’24, the potassium acetate market displayed relative stability following earlier fluctuations. Initial fluctuations were attributed to the variations in demand patterns in the early winter months when the cost support was weak and seasonal changes within the market itself exerted stress.
These variations stemmed partly from the Chinese New Year and spring celebrations, which led to a temporary decline in industrial activity in the region. The situation was compounded by significant losses in exports to Europe and the U.S., caused by disruptions in the Red Sea route and extended shipment times.
In Europe, the market dynamics were similarly turbulent, heavily influenced by ongoing conflicts in Russia and Ukraine, which stifled trading activity and dampened demand from the downstream sectors. Reduced offshore trade suppressed the overall consumption, despite sufficient existing inventories to meet the subdued demand, leading to a generally downward pressure on prices.
In North America, the potassium acetate market experienced quick shifts, particularly noticeable in the first half of the quarter, which saw more pronounced fluctuations, while the latter half sought more stability amidst these ongoing challenges.
Analyst Insight
According to Procurement Resource, the prices are likely to remain confined going forward as well. The overall market outlook appears moderate.
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Potassium acetate is a versatile chemical compound used primarily as a de-icing agent for airport runways due to its effectiveness at low temperatures. It also functions as a food preservative and flavor enhancer in the food industry. In firefighting, potassium acetate serves as the active component in some Class K fire extinguishers. Additionally, it is utilized in pharmaceuticals as an electrolyte replenisher, in textile manufacturing, and as a catalyst in chemical synthesis. It's also common in laboratories as a buffer solution.
C2H3KO2
De-icing Agent, Food Additive, Fire Extinguishing Media, Pharmaceuticals, Textile Industry, Catalyst in Chemical Synthesis, Buffer Solution in Laboratory Settings
Niacet, Lancashire Chemicals, Jiangsu Zidong Food, Anhui Hongyang Chemical, Wuxi Yangshan Biochemical, Lianyungang Tongyuan Chemical, Jiangsu Kolod Food, Shanxi Zhaoyi Chemical
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
The synthesis begins by chemically combining the two base chemicals, including potassium carbonate, with acetic acid. The reaction results in the generation of potassium acetate as the final product, along with carbon dioxide and water as the byproducts.
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