Potash Fertilizers Market Growth, Ongoing Trends, Technological Innovation, Opportunities and Forecast to 2025
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 Limited
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.
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Market Segmentation: Global Potash Fertilizers Market
· The 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.
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 abundance
Top 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.
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Major Market Drivers and Restraints:
· Need for higher productivity using limited land area
· Increase in applicability of potash fertilizers
· Need for improvements in pasture production
· Increase in the trend of organic food consumption
· Environmental concerns
Competitive Analysis: Global Potash Fertilizers Market
The global potash fertilizers market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of potash fertilizers market for global, Europe, North America, Asia Pacific and South America.
Key insights in the report:
• Complete and distinct analysis of the market drivers and restraints
• Key Market players involved in this industry
• Detailed analysis of the Market Segmentation
• Competitive analysis of the key players involved
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