Potash Fertilizers Market Outlook
The global potash fertilizers market is expected to grow from USD 27.28 billion in 2021 to USD 41.11 billion by 2030, at a CAGR of 4.66% during the forecast period. The growth of the market is attributed to the increasing demand for potash fertilizers from the agricultural sector, as potash is an essential nutrient for plant growth and development.
Potash fertilizers are used to improve soil fertility and increase crop yields. Potash is a key component of chlorophyll, the green pigment that plants need to photosynthesize. Potash also helps to strengthen plant stems and roots, and it makes plants more resistant to pests and diseases.
The major types of potash fertilizers are potassium chloride (KCl), potassium sulfate (SOP), and potassium nitrate (KNO3). KCl is the most common type of potash fertilizer, accounting for over 90% of global potash production. SOP is a more expensive type of potash fertilizer, but it is also more soluble and easier for plants to absorb. KNO3 is a highly soluble potash fertilizer that is often used in fertigation and hydroponic systems.
The major applications of potash fertilizers market share are agriculture, horticulture, and forestry. Agriculture is the largest application segment, accounting for over 90% of global potash consumption. Potash fertilizers are used to grow a wide range of crops, including cereals, oilseeds, pulses, fruits, and vegetables.
The major regions producing potash fertilizers are North America, Russia, Belarus, and China. North America is the largest producer of potash fertilizers, accounting for over 30% of global production. Russia is the second-largest producer of potash fertilizers, followed by Belarus and China.
The major consumers of potash fertilizers are India, China, Brazil, and the United States. India is the largest consumer of potash fertilizers, accounting for over 15% of global consumption. China is the second-largest consumer of potash fertilizers, followed by Brazil and the United States.
Key players in the global potash fertilizers market include:
- Nutrien
- Yara
- Mosaic
- K+S Group
- Belaruskali
- Uralkali
- CF Industries
- ICL
- Helm AG
- Borealis
- Intrepid Potash
Growth drivers for the global potash fertilizers market:
- Increasing demand for food from a growing global population
- Expanding agricultural land area
- Growing awareness of the importance of potash fertilizers for crop yields
- Government support for the agricultural sector
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Challenges for the global potash fertilizers market:
- Price volatility of potash fertilizers
- Environmental concerns regarding the use of potash fertilizers
- Geopolitical tensions in major potash-producing countries
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.
The Potash Fertilizers Market report provides an independent information about the Potash Fertilizers industry supported by extensive research on factors such as industry segments, size & trends, inhibitors, dynamics, drivers, opportunities & challenges, environment & policy, cost overview, porter’s five force analysis, and key companies profiles including business overview and recent development.The report would be based on industry data clearly referenced from authentic and reliable information sources such as statistics, industry associations, website of ministry and companies etc, market research reports, magazines, trade journals, annual reports, presentations, telephone interview etc.Ask for Sample Report: https://www.orbisresearch.com/contacts/request-sample/2599652 The Top Key Players included in this Potash Fertilizers market Report are Yara International, Agrium, Potash Corporation of Saskatchewan, EuroChem Group, The Mosaic Company, JSC Belaruskali, HELM AG, Israel Chemicals.The report includes regions as follows: North America, US, Canada, Mexico, Europe, UK, Sweden, Germany, Spain, Russia, France, Rest of Europe, Asia & Pacific, China, Japan, India, Korea, Australia, Southeast Asia, Rest of Asia & Pacific, LAMEA, Latin America , Middle East, AfricaTable of Content:1 Executive Summary2 Methodology3 Trends And Drivers4 Market Dynamics5 Market And Technical Challenges6 Porter’s Five Force Analysis7 Value Chain Analysis8 Potash Fertilizers MARKET, BY TYPE9 Global MARKET, BY REGIONS10 Top Company10.1 Yara International10.1.1 Business Overview10.1.2 Recent Development10.2 Agrium10.3 Potash Corporation of Saskatchewan10.4 EuroChem Group10.5 The Mosaic Company10.6 JSC Belaruskali10.7 HELM AG10.8 Israel Chemicals…ContinuedGet Reasonable Discount: https://www.orbisresearch.com/contacts/discount/2599652 About Us:Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements.
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