Global Potash Fertilizers Market is projected to reach USD 26.90 Billion by 2023 at a CAGR of over 5% owing to the increasing use of potash fertilizers by farmers globally. Moreover, the growing requirement for maximizing the crop yield to supply the increasing food demand from the growing population coupled with the rising need for minimizing crop loss and wastage due to insect and other pest attacks will drive the market during the forecast period.
Important Factors of the Potash Fertilizers Market
Based on the type, the potassium chloride segment is anticipated to lead the market during the forecast period. Potassium plays an important role in increasing the protein, vitamin C, and starch content in grains & tubers improving fruit color & flavor, and reducing the incidences of pests & diseases. Based on the crop type, the cereals and oilseed segment are expected to lead the market in the next five years, as the demand for cereals has been constantly growing with the growing population. Asia-Pacific leads the Potash Fertilizers market and is expected to maintain its position in the next five years, due to growing agricultural practices and the requirement for high-quality agricultural produce.
Years considered for this report for Potash Fertilizers Market
- Historical Years: 2013-2016
- Base Year: 2017
- Estimated Year: 2018
- Forecast Period: 2018–2023
The objective of the Study of Potash Fertilizers Market
- To analyze and forecast the market size of the Global Potash Fertilizers Market, in terms of value and volume.
- To classify and forecast Global Potash Fertilizers based on type, form, crop type, application method, and regional distribution.
- To identify drivers and challenges for Global Potash Fertilizers Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Potash Fertilizers Market.
- To conduct the pricing analysis for Global Potash Fertilizers Market.
- To identify and analyze the profile of leading manufacturers involved in the Global Potash Fertilizers Market.
Some of the leading players in the Global Potash Fertilizers Market
- BASF SE
- Syngenta Crop Protection AG
- Nufarm Limited
- Bayer AG
- Platform Specialty Products Corporation
- Sumitomo Corporation
- E.I. Du Pont De Nemours and Company
- FMC Corporation
- Certis Europe LLC
- Novozymes A/S, etc.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the distribution channels and presence of all major manufacturers across the globe.
TechSci Research calculated the market size of the Global Potash Fertilizers Market using a bottom-up approach, where value data for power lines were recorded and forecasted for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated them by analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as the company website, news articles, press releases, company annual reports, investor presentations, and financial reports were also used by TechSci Research.
Key Target Audience for Potash Fertilizers Market
- Potash Fertilizers Manufacturers.
- Dealers and Suppliers
- Traders and Distributors
- Industrial associations
- Research organizations and consulting companies.
- Government Institutions.
- Market research and consulting firms.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, vendors, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope of Potash Fertilizers Market
In this report, Global Potash Fertilizers Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Market, By Type:
- Potassium Chloride (KCL)
- Sulphate of Potash (SOP)
- Potassium Nitrate
- Others
- Market, By Form:
- Liquid
- Solid
- Market, By Crop Type:
- Cereals & Grains
- Oilseeds & Pulses
- Fruits & Vegetables
- Others
- Market, By Application Method:
- Broadcasting
- Foliar
- Fertigation
- Market, by Region:
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Malaysia
- Europe & CIS
- France
- Germany
- United Kingdom
- Italy
- Spain
- North America
- United States
- Mexico
- Canada
- South America
- Brazil
- Argentina
- Colombia
- Middle East and Africa
- South Africa
- Saudi Arabia
- UAE
- Qatar
A new research study from “Data Bridge Market Research” with title Potash Fertilizers Market Insights 2019, Global Analysis and Forecast to 2026 provides an in-depth assessment of the Potash Fertilizers including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles and strategies.
Some of the leading key players profiled in this study: Yara International ASA, Agrium Inc., Potash Corporation of Saskatchewan Inc, Eurochem Group AG, The Mosaic Company, JSC Belaruskali, HELM AG, Israel Chemicals Ltd, Sociedad Química Y Minera De Chile S.A. (SQM), Borealis AG, Sinofert Holdings LimitedThe global potash fertilizers market is expected to reach USD 31.33 billion by 2025, from USD 21.69 billion in 2017 growing at a CAGR of 4.7% during the forecast period of 2018 to 2025.Get Sample Analysis of This Market Information: @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-potash-fertilizers-marketMarket Segmentation: Global Potash Fertilizers MarketThe global potash fertilizers market is segmented based on crop type, form, application and geographical segments.Based on crop type, the global potash fertilizers market is segmented into cereals & grains, oilseeds & pulses, fruits & vegetables and others.On the basis of application method, the global potash fertilizers market is classified into broadcasting, foliar, fertigationOn the basis of form, the global potash fertilizers market is classified into liquid, solid.Based on geography, the global potash fertilizers market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa.Market Definition:Potash is one of the three key fertilizer macronutrients which are required for the growth of the plant.
It is a natural substance constantly recycled in the earth.
Potash is derived from the name “pot ash” which means the plant ashes that are soaked in water in a pot.
Initially potassium was leached from wood ashes and concentrated by evaporating the leachate in large iron-pots.
Potash is a commonly found element in nature and is available in abundanceTop Manufacturers Covered in the Report:Some of the major players operating in the global potash fertilizers market are - Yara International ASA, Agrium Inc., Potash Corporation of Saskatchewan Inc, Eurochem Group AG, The Mosaic Company, JSC Belaruskali, HELM AG, Israel Chemicals Ltd, Sociedad Química Y Minera De Chile S.A. (SQM), Borealis AG, Sinofert Holdings Limited, K+S Aktiengesellschaft, Potash corporation, Mosaic, ICL Ltd, Uralkali, CF industries, Yara International ASA, Sociedad Qumica Y Minera De Chile S.A. (SQM), Sinofert Holdings Limited, The Mosaic Company, Agrium Inc, Eurochem Group AG, Israel Chemicals Ltd, JSC Belaruskali and many more.Any specific requirements are you looking for?
The report consists of all the detailed profiles for the Potash Fertilizers Market major manufacturers and importers who are influencing the market.
This market study includes drivers and restraints for the market along with the impact they have on the demand over the forecast period derived with the help of SWOT analysis.The global potash fertilizers market is expected to reach USD 31.33 billion by 2025, from USD 21.69 billion in 2017 growing at a CAGR of 4.7% during the forecast period of 2018 to 2025.Fill Out Details to Receive Sample Report Copy Here @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-potash-fertilizers-marketMarket Definition: Global Potash Fertilizers MarketPotash is one of the three key fertilizer macronutrients which are required for the growth of the plant.
It is stored in the soil and harvested as salt depositsMarket Segmentation: Global Potash Fertilizers MarketThe global potash fertilizers market is segmented based on crop type, form, application and geographical segments.Based on crop type, the global potash fertilizers market is segmented into cereals & grains, oilseeds & pulses, fruits & vegetables and others.On the basis of application method, the global potash fertilizers market is classified into broadcasting, foliar, fertigation On the basis of form, the global potash fertilizers market is classified into liquid, solid.Based on geography, the global potash fertilizers market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa.
Key Vendors operating in the Market:Some of the major players operating in the global potash fertilizers market are – Yara International ASA, Agrium Inc., Potash Corporation of Saskatchewan Inc, Eurochem Group AG, The Mosaic Company, JSC Belaruskali, HELM AG, Israel Chemicals Ltd, Sociedad Química Y Minera De Chile S.A. (SQM), Borealis AG, Sinofert Holdings Limited, K+S Aktiengesellschaft, Potash corporation, Mosaic, ICL Ltd, Uralkali, CF industries, Yara International ASA, Sociedad Qumica Y Minera De Chile S.A. (SQM), Sinofert Holdings Limited, The Mosaic Company, Agrium Inc, Eurochem Group AG, Israel Chemicals Ltd, JSC Belaruskali and many more.Some of the factors which are responsible for the growth of this potash fertilizers market in the forecast period of 2019- 2026 are:Increase in applicability of potash fertilizers: Potash are widely used in the agriculture because they have the ability to protect the plants from different diseases and pests.
These potash fertilizers are also used in wheat, vegetables, and corns which help them to improve the quality of the yield.Need for higher productivity using limited land area: Today, potash fertilizers are used in the limited land area so that one can enhance the production quality and get better results.
Potash is considered as one of the most essential macronutrients which are required for the plant growth.
