Potassium ferrocyanide market has great development potential. my country is the world’s largest producer.

Potassium ferrocyanide, commonly known as potassium yellow blood salt and yellow blood salt, is a lemon yellow monoclinic prismatic or needle-shaped crystal. Potassium ferrocyanide is soluble in water. The aqueous solution is neutral and insoluble in alcohol. It is easily weathered in the air. It decomposes into ferric hydroxide when exposed to light. When exposed to oxidants, it forms potassium hematosulfate. When exposed to acids, it generates highly toxic hydrogen cyanide. .

Potassium ferrocyanide is widely used in medicine, pigments, printing and dyeing, metal anticorrosion, food, photography, metallurgy, tanning and other fields. In the pharmaceutical field, potassium ferrocyanide can be used as an iron-removing agent; in the food field, as a food additive, potassium ferrocyanide is mainly used as an anti-caking agent for table salt; in the printing and dyeing field, potassium ferrocyanide can be used Make blue printing drawings; in the field of pigments, potassium ferrocyanide is the raw material for making blue pigments.

Potassium ferrocyanide is a raw material for the production of Prussian blue compounds. Prussian blue compounds have high specific capacity, excellent rate performance, and high energy density. They have great development potential in the field of cathode materials for sodium-ion batteries. Attracted by the market prospects, companies including Midland New Materials, Hanhang Technology, Lily, Rongbai Technology, GEM and other companies are actively deploying Prussian blue compounds. As relevant projects are put into production, the production scale of Prussian blue compounds will expand, which will drive the development of Prussian blue compounds. The market demand for electronic grade potassium ferrocyanide is growing rapidly.

According to the “2023-2028 China Potassium Ferrocyanide (Yellow Blood Salt Potassium) Industry Market In-depth Research and Development Prospects Forecast Report》shows that the global potassium ferrocyanide market size will be approximately US$52 million in 2022. As the industrialization process of Prussian blue compounds accelerates, the application of electronic grade potassium ferrocyanide will rapidly increase, and it is expected that 2023- In 2027, the global potassium ferrocyanide market will show rapid growth, with an average annual compound growth rate of more than 20.0%.

my country is a major chemical production country with a large scale of potassium ferrocyanide production. Now my country has become the world’s largest producer of potassium ferrocyanide, accounting for approximately 97.5% of the world’s total in 2022. The market concentration of potassium ferrocyanide is relatively high. The leading manufacturers include Sichuan Lifeng Chemical, Ziguang Chemical, Shenzhen Jintun Technology, Shanxi Hongsheng Chemical, Hebei Chengxin Group, etc.

There are various methods for preparing potassium ferrocyanide, mainly including ferrous sulfate method, gas purification iron oxide recovery method, double salt method, hydrocyanic acid method, lime nitrogen method, etc. Industrially, potassium ferrocyanide is mostly produced by the ferrous sulfate method, which involves reacting ferrous sulfate solution with sodium cyanide to obtain a potassium ferrocyanide solution, then adding potassium chloride for heating reaction, and then evaporating, concentrating, and crystallizing. The crude product is separated by filtration, and then dissolved, recrystallized, separated by filtration, and dried to obtain the pure product.

Industry analysts said that potassium ferrocyanide has a wide range of applications. With the expansion of the production scale of Prussian blue compounds, electronic grade ferrocyanide The market demand for potassium ferricyanide is strong and there is broad room for market development in the future. my country is a major producer and consumer of potassium ferrocyanide. It is expected that in the next five years, my country will remain the world’s largest producer, and the growth rate of the potassium ferrocyanide market will be higher than the global average.