Potash Fertilizer Market Forecasts to 2028 – Global Analysis By Form (Liquid, Solid), Nature (Biological, Synthetic Chemicals), Application (Broadcasting, Fertigation, Fertilizers, Foliar), and By Geography
According to Stratistics MRC, the Global Potash Fertilizer Market is accounted for $24.68 billion in 2020 and is expected to reach $40.85 billion by 2028 growing at a CAGR of 6.5% during the forecast period. Rise in applicability of potash fertilizers, increase in need for higher productivity using limited land area aredriving the market growth. However, growing trend of organic food consumption is hampering the growth of the market.
Fertilizer potassium is known as potash which originates from an early making procedure where potassium was filtered from ashes of woods and concentrated by dissipating the leachate in huge iron pots. Natural potassium does not exist in the environment since it responds aggressively to water.
Based on the type, the potassium chloride segment is going to have lucrative growth during the forecast periodowing to its usage as a source of potassium for agricultural crops. Furthermore, potassium also plays an important role in enhancing the protein, vitamin C, and solid soluble content in fruits, and starch content in grains & tubers.
By geography, Asia Pacific is going to have high growth during the forecast period which can be attributed to the rising demand for food grains and growth in awareness among farmers about the efficient use of land through fertilizers.
Some of the key players profiled in the Potash Fertilizer Market include Agrium Inc., Borealis AG, Eurochem Group AG, Helm AG, Israel Chemicals Ltd., JSC Belaruskali, K+S Aktiengesellschaft, Potash Corporation of Saskatchewan Inc, Sinofert Holdings Limited, Sociedad Química Y Minera De Chile S.A. (SQM), The Mosaic Company, and Yara International Asa.
• Potassium Chloride (KCL)/Muriate of Potash (MOP)
• Potassium Magnesium Sulfate
• Potassium Nitrate
• Potassium Thiosulphate
• Sulfate of Potash (SOP)
• Synthetic Chemicals
Crop Types Covered:
• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Commercial Crops
• Other Crop Types
Application Methods Covered:
• Seed Coating
• Seed Dressing
• Seed Pelletting
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
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- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
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- Company profiling with detailed strategies, financials, and recent developments
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