Global potash fertilizers market was valued at US$ 21.64 Bn in 2018 and is expected to exhibit a CAGR of 4.4%, in terms of value over the forecast period (2019-2027), and expected to reach US$ 32.08 Bn by 2027.

Potassium (K), which is often referred to as Potash, which is one of the essential nutrient used in the fertilizer industry. The increasing demand for food grains as well as fruits & vegetables are expected to drive growth of the global potash fertilizers market over the forecast period. Potash fertilizers offers advantages such as prevention of infection of plants from pests and other microbes. Potash fertilizers also helps to adapt to weather conditions, helps in absorbing more minerals from the soil, and strengthens the tree stalks. According to the Fertilizers Institute, Washington, potassium is one of the “Big 3” primary nutrients, which plays a fundamental role in the plant nutrition process.

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Potash fertilizers are amongst one of the most widely used chemical fertilizers around the world. Major types of potash fertilizers include Potassium Nitrate, Sulphate of Potash, and Potassium Chloride, which plays an essential role in the growth of crops, by providing them with essential nutrients for protein and starch synthesis reaction.

Global potash fertilizers market is driven by increasing usage of potash fertilizers in agricultural crops such as oil seeds & pulses, fruits & vegetables, as well as cereals & grains. For instance, according to the article published by World Bank, the total consumption of fertilizer reached 140,553 Kg/ha of arable land in 2016, as compared to 138,958 Kg/ha of arable land in 2014.

Market Dynamics

North America potash fertilizer market growth is mainly driven by major market players and their strategies such as mergers and acquisitions, product launches, and partnerships with fertilizer manufacturers. For instance, in 2016, Compass Minerals launched Protassium+ Organic. It is an organic sulphate of potash (SOP), which offers high potassium and plant-available sulphate sulfur. This product is approved for organic food production by various organization such as the Organic Materials Review Institute (OMRI), California Department of Food and Agriculture (CDFA), and USDA National Organic Standards Board (NOSB).

Latin America is one of the major consumer of potash fertilizers due to the presence of emerging economies such as Argentina and Brazil among others. The rising population in the region has resulted in need to increase agricultural yield from available farmland. For instance, according to the World Bank data, the population of Brazil and Argentina is expected to grow at a rate of 0.8% and 1.0%, respectively in the forecast period till 2030. The fertilizer consumption per hectare in Argentina and Brazil was pegged at 36.0 kg/ha and 175.2 kg/ha, respectively in 2018.

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Key features of the study:

• This report provides in-depth analysis of potash fertilizers market ,market size (US$ Billion and Kilo Tons), and Compound Annual Growth Rate (CAGR %) for the forecast period (2019-2027), considering 2018 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
• It profiles leading players in the global potash fertilizers market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include Israel Chemicals Ltd., EuroChem Group A.G., Agrium Inc., Uralkali PJSC, Yara International A.S.A., Migao Corporation, Sesoda Corporation, SQM S.A., Brazil Potash Corporation, and K+S KALI GmbH.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]

Global potash fertilizers market was valued at US$ 21.64 Bn in 2018 and is expected to exhibit a CAGR of 4.4%, in terms of value over the forecast period (2019-2027), and expected to reach US$ 32.08 Bn by 2027.

Potassium (K), which is often referred to as Potash, which is one of the essential nutrient used in the fertilizer industry. The increasing demand for food grains as well as fruits & vegetables are expected to drive growth of the global potash fertilizers market over the forecast period. Potash fertilizers offers advantages such as prevention of infection of plants from pests and other microbes. Potash fertilizers also helps to adapt to weather conditions, helps in absorbing more minerals from the soil, and strengthens the tree stalks. According to the Fertilizers Institute, Washington, potassium is one of the “Big 3” primary nutrients, which plays a fundamental role in the plant nutrition process.

Get a Sample Copy + All Related Graphs & Charts:  https://www.coherentmarketinsights.com/insight/request-sample/1398

Potash fertilizers are amongst one of the most widely used chemical fertilizers around the world. Major types of potash fertilizers include Potassium Nitrate, Sulphate of Potash, and Potassium Chloride, which plays an essential role in the growth of crops, by providing them with essential nutrients for protein and starch synthesis reaction.

Global potash fertilizers market is driven by increasing usage of potash fertilizers in agricultural crops such as oil seeds & pulses, fruits & vegetables, as well as cereals & grains. For instance, according to the article published by World Bank, the total consumption of fertilizer reached 140,553 Kg/ha of arable land in 2016, as compared to 138,958 Kg/ha of arable land in 2014.

Market Dynamics

North America potash fertilizer market growth is mainly driven by major market players and their strategies such as mergers and acquisitions, product launches, and partnerships with fertilizer manufacturers. For instance, in 2016, Compass Minerals launched Protassium+ Organic. It is an organic sulphate of potash (SOP), which offers high potassium and plant-available sulphate sulfur. This product is approved for organic food production by various organization such as the Organic Materials Review Institute (OMRI), California Department of Food and Agriculture (CDFA), and USDA National Organic Standards Board (NOSB).

Latin America is one of the major consumer of potash fertilizers due to the presence of emerging economies such as Argentina and Brazil among others. The rising population in the region has resulted in need to increase agricultural yield from available farmland. For instance, according to the World Bank data, the population of Brazil and Argentina is expected to grow at a rate of 0.8% and 1.0%, respectively in the forecast period till 2030. The fertilizer consumption per hectare in Argentina and Brazil was pegged at 36.0 kg/ha and 175.2 kg/ha, respectively in 2018.

Hurry Up…and Get a 2000$ Discount On a Price…!!! : https://www.coherentmarketinsights.com/insight/request-discount/1398

Key features of the study:

• This report provides in-depth analysis of potash fertilizers market ,market size (US$ Billion and Kilo Tons), and Compound Annual Growth Rate (CAGR %) for the forecast period (2019-2027), considering 2018 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
• It profiles leading players in the global potash fertilizers market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include Israel Chemicals Ltd., EuroChem Group A.G., Agrium Inc., Uralkali PJSC, Yara International A.S.A., Migao Corporation, Sesoda Corporation, SQM S.A., Brazil Potash Corporation, and K+S KALI GmbH.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]