MarketResearch.biz delivers in-depth insights on the global potash fertilizers market in its upcoming report titled, “Global Potash Fertilizers Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global potash fertilizers market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2026. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global potash fertilizers market report has been segmented on the type, crop type, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analysed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Potash is a potassium based product, mainly used as a fertilizer to boost water retention in plants. It also helps to increase crop yield, improve taste and further helps plants to resist diseases. Common type of potash fertilizers used are muriate of potash and sulfate of potash.
Growing demand for high efficiency fertilizers coupled with increasing applicability of potash fertilizers are major factors expected to boost the growth of global potash fertilizers market over the forecast period. In addition, increasing demand for potash fertilizers to enhance crop productivity owing to the limited land area for crop cultivation is other major factor expected to drive growth of the market over the forecast period. Increasing number of research and development activities for development of new potash fertilizers and adoption of modern farming practices are some factors expected to fuel growth of the global potash fertilizers market over the forecast period.
However, stringent government regulation for approval of potash fertilizers is expected to hamper growth of market over the forecast period. In addition, raising trends towards organic farming is other factor expected to limit growth of the global potash fertilizers market over the forecast period.
Europe market dominates the global potash fertilizers market in terms of revenue contribution as compared to that of markets in other regions. This is attributed to the adoption of advance farming technologies in the region. North America accounts for second-largest revenue share contribution to the global potash fertilizers market, followed by markets in the Asia Pacific, Latin America, and the Middle East & Africa respectively. The market in the Asia Pacific region is projected to register comparatively faster growth in terms of revenue over the next 10 years. Growing demand for potash fertilizers in countries such as India and China is expected to drive growth of the market in the region. Increasing demand for potash fertilizers for production of fruits & vegetables is another factor expected to augment growth of potash fertilizers market in the region over the forecast period.
Global potash fertilizers market segmentation, by type:
- Sulfate of potash
- Muriate of potash
- Nitrate of potash
Global potash fertilizers market segmentation, by crop type:
- Fruits & vegetables
- Cereals & grains
- Oilseeds & pulses
Global potash fertilizers market segmentation, by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Agrium Inc.
- Yara International ASA
- Potash Corporation of Saskatchewan Inc.
- Israel Chemical Ltd. (ICL)
- K+S Aktiengesellschaft
- Sociedad Química Y Minera De Chile (SQM)
- The Mosaic Company
- Eurochem Group AG
- JSC Belaruskali
- Sinofert Holdings Limited
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