Market Research Report
Potash Fertilizers - Global Market Outlook (2017-2026)
|Published by||Stratistics Market Research Consulting||Product code||642020|
|Published||Content info||184 Pages
Delivery time: 2-3 business days
|Potash Fertilizers - Global Market Outlook (2017-2026)|
|Published: March 18, 2018||Content info: 184 Pages||
According to Stratistics MRC, the Global Potash Fertilizers Market is accounted for $18.5 billion in 2017 and is expected to reach $31.8 billion by 2026 growing at a CAGR of 6.2% during the forecast period. The growth of this market is mainly driven by increase in need for higher productivity using limited land area and raise in applicability of potash fertilizers. However, increasing trend towards the consumption of organic food & food products is restraining the market.
In 2017, the potassium chloride segment is estimated to hold the largest share in the potash fertilizers market. It is the most widely used source of potassium for agricultural crops. By application broadcasting segment is anticipated be the fastest-growing during the forecast period. This application method requires fertilizers in much lesser quantities, making it an economical option for large-scale crop producers. Asia Pacific is estimated to be the most lucrative market for potash fertilizers due to the high population in the region leading to increased demand for food grains and growth in awareness among farmers about efficient use of land through fertilizers.
Some of the key players profiled in market include are HELM AG, Agrium Inc., Borealis AG, CF industries, EurochemGroupAG, Israel Chemicals Ltd., JSC Belaruskali, K+S Aktiengesellschaft, Potash Corporation of Saskatchewan Inc, Sinochem Group, Sinofert Holdings Limited, Sociedad Quimica Y Minera De Chile S.A. (SQM), The Mosaic Company, Uralkali, Yara International ASA.
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