#Sulfate of Potash Market Global Opportunity Analysis

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Sulfate of Potash Market Worldwide Industrial Analysis by Growth, Trends, Competitive Analysis and Forecast Research Report

Industry Analysis

Global sulfate of potash market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to reach at an estimated value of USD 5,606.2 million by 2029 and to grow at a CAGR of 2.3% in the above-mentioned forecast period.

Additionally, the credible Sulfate of Potash Market report helps the manufacturer in finding out the effectiveness of the existing channels of distribution, advertising programs, or media, selling methods and the best way of distributing the goods to the eventual consumers. Taking up such market research report is all the time beneficial for any company whether it is a small scale or large scale, for marketing of products or services. It makes effortless for Chemical and Materials industry to visualize what is already available in the market, what market anticipates, the competitive environment, and what should be done to surpass the competitor.

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Market Insights and Scope            

Sulfate of potash (SOP) is another name for potassium sulfate. Potassium sulfate is a crystalline white salt that is water soluble and non-flammable. Potassium sulfate is mostly used in the agriculture industry to make fertilizers that protect crops from pests and weeds. Among all forms of potash fertilizers manufactured and used worldwide, potassium sulfate fertilizer is the most extensively used chloride-free fertilizer. In addition, potassium sulfate is utilized in the production of glass.

An international Sulfate of Potash Market research report examines competitive companies and manufacturers in the global market. Competitive analysis carried out in this market report puts forth the moves of the key players in the Chemical and Materials industry such as new product launches, expansions, agreements, joint ventures, partnerships, and recent acquisitions. This market report puts light on various aspects of marketing research that range from important industry trends, market size, market share estimates, sales volume, emerging trends, product consumption, customer preferences, historic data along with future forecast and key player analysis. It studies market by product type, applications and growth factors.

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Industry Segmentation

Global sulfate of potash market is segmented on the basis of product, crop type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.

On the basis of product, the sulfate of potash market is segmented into standard SOP, granular SOP, and soluble SOP.

On the basis of crop type, the sulfate of potash market is segmented into fruits and vegetables, cereals and grains, oilseeds and pulses, and others.

On the basis of application, the sulfate of potash market is segmented into agricultural, industrial, and others.

Market Country Level Analysis

The countries covered in Global sulfate of potash market report are

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

An influential Sulfate of Potash Market research report displays an absolute outline of the market that considers various aspects such as product definition, customary vendor landscape, and market segmentation. Currently, businesses are relying on the diverse segments covered in the market research report to a great extent which gives them better insights to drive the business on the right track. The competitive analysis brings into light a clear insight about the market share analysis and actions of the key industry players. With this info, businesses can successfully make decisions about business strategies to accomplish maximum return on investment (ROI).

 

Industry Share Analysis

Some of the major players operating in the Global sulfate of potash market are

SESODA CORPORATION, Sinofert Holdings Limited, Ameropa Australia Pty Ltd., MIGAO GROUP, CHING SHIANG CHEMICAL INDUSTRIAL CO., LTD., Compass Minerals, and Jiangsu Kolod Food Ingredients Co., Ltd., among others.

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Potassium Sulfate Market Set to Achieve USD 10.8 Billion Revenue by 2031 with 4.9% CAGR

The market for potassium sulfate reached US$ 7.1 billion in 2022. By the end of 2031, the market is expected to reach US$ 10.8 billion. The potassium sulfate market is expected to grow at a CAGR of 4.9% between 2023 and 2031.

Several opportunities for businesses exist in the potassium sulfate market, which has seen significant growth over the past few years. Sulfate of potash (SOP), also known as potassium sulfate, is one of the most valuable potassium fertilizers in agriculture and has been used for centuries.

A growing number of government initiatives are encouraging the development of high-yield crops and modern technologies, thereby driving up the market for potassium sulfate as fertilizer in the market. Due to its greater water solubility, plants are more likely to absorb and use it. In addition, its pH is lower than that of water, which indicates that it is less acidic. Potassium salts may be helpful in acidic soils that cannot be treated by other potassium salts.

Due to the use of potash fertilizers in agriculture, which protect plants against microbes, pests, and infections, the market is expected to grow. Besides being able to adapt to tough weather conditions, the compound also helps plants absorb minerals and strengthen their stems. Through these advancements, manufacturers can meet the growing demand and explore new markets.

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Market Segmentation

By Service Type:

Production Services

Distribution Services

Consultancy Services

By Sourcing Type:

Natural Sources

Synthetic Sources

By Application:

Fertilizers

Industrial Uses

Pharmaceuticals

Others

By Industry Vertical:

Agriculture

Chemical

Pharmaceuticals

Food & Beverage

Others

By Region:

North America

Europe

Asia-Pacific

Latin America

Middle East & Africa

Regional Analysis

North America: The market in North America is driven by the high demand for efficient fertilizers and advanced agricultural practices. The United States is a significant consumer due to its extensive agricultural industry.

Europe: Europe is a mature market with a focus on sustainable agriculture and organic farming. Countries like Germany, France, and Spain are major consumers of potassium sulfate.

Asia-Pacific: The region is expected to witness the highest growth due to increasing agricultural activities, population growth, and government initiatives to enhance agricultural productivity. China and India are key markets in this region.

Latin America: The demand in this region is growing due to the expansion of the agricultural sector, particularly in countries like Brazil and Argentina.

Middle East & Africa: The market is gradually expanding with increasing investments in agriculture and the need to improve crop yields in arid regions.

Market Drivers and Challenges

Drivers:

Increasing Food Demand: The growing global population is driving the demand for food, thereby boosting the need for efficient fertilizers like potassium sulfate.

Sustainable Agriculture: Rising awareness and adoption of sustainable agricultural practices are promoting the use of potassium sulfate, which is suitable for chloride-sensitive crops.

Industrial Applications: The use of potassium sulfate in various industrial applications, including pharmaceuticals and chemicals, is also contributing to market growth.

Challenges:

High Production Costs: The extraction and production of potassium sulfate can be costly, impacting its market price.

Environmental Concerns: The mining and production processes can have environmental impacts, posing regulatory and sustainability challenges.

Competition from Alternatives: Other potassium fertilizers like potassium chloride (muriate of potash) are often cheaper, which can limit the market growth of potassium sulfate.

Market Trends

Organic Farming: The increasing trend towards organic farming is boosting the demand for potassium sulfate, which is considered a more natural and sustainable fertilizer.

Technological Advancements: Innovations in production processes are aimed at reducing costs and improving the purity and efficiency of potassium sulfate.

Integrated Nutrient Management: There is a growing trend towards integrated nutrient management practices, which combine the use of organic and inorganic fertilizers for optimal crop yield.

Future Outlook

The future of the potassium sulfate market looks promising with continuous advancements in agricultural technology and increasing investments in sustainable farming practices. The market is expected to expand significantly in emerging economies due to the growing need for high-efficiency fertilizers and the rising awareness of the benefits of potassium sulfate in crop production.

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Key Market Study Points

The market is projected to grow at a CAGR of 5.6% from 2023 to 2031.

Asia-Pacific is expected to witness the highest growth due to increasing agricultural activities and population growth.

The adoption of sustainable agricultural practices and organic farming is driving the demand for potassium sulfate.

Competitive Landscape

The potassium sulfate market is highly competitive with key players focusing on strategic collaborations, mergers, and acquisitions to enhance their market share. Leading companies are also investing in research and development to innovate and improve the efficiency of their products.

Recent Developments

Compass Minerals International recently expanded its production capacity to meet the growing demand for potassium sulfate in North America.

K+S KALI GmbH has introduced new grades of potassium sulfate aimed at enhancing crop yield and quality.

Tessenderlo Group announced a strategic partnership with a major agricultural cooperative to supply potassium sulfate fertilizers to farmers in Europe.

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Potash Fertilizers Market Size and Outlook: 2023, Growth Opportunity and Demand Analysis by 2030

Potash fertilizers are a type of fertilizer that contains potassium as its main nutrient. Potassium is an essential nutrient required for the growth and development of plants. It plays a critical role in many physiological and biochemical processes within plants, including photosynthesis, water and nutrient uptake, enzyme activation, and protein synthesis. Potash fertilizers are commonly used in agriculture to supplement the natural potassium levels in soils and enhance plant growth and productivity.

There are several types of potash fertilizers, including:

Muriate of Potash (MOP): Also known as potassium chloride (KCl), MOP is the most widely used form of potash fertilizer. It contains about 60-62% potassium and is relatively inexpensive compared to other potash fertilizers. MOP is suitable for most crops and soil types, but it may not be suitable for chloride-sensitive crops or in soils with high chloride levels.

Sulfate of Potash (SOP): Also known as potassium sulfate (K2SO4), SOP contains about 50% potassium and is a good source of sulfur, another essential nutrient for plant growth. SOP is commonly used in crops that are sensitive to chloride, such as fruits, vegetables, and tobacco, or in soils with high chloride levels.

Potassium Nitrate (KNO3): This is a compound fertilizer that contains both potassium and nitrogen. It contains about 44-46% potassium and is highly soluble, making it readily available to plants. Potassium nitrate is often used in greenhouse and horticultural crops, as well as in fertigation systems.

Langbeinite: This is a naturally occurring potash fertilizer that contains potassium, magnesium, and sulfur. It is typically mined from underground deposits and contains about 22-23% potassium. Langbeinite is used in crops that require both potassium and magnesium, such as fruits, vegetables, and nuts.

Potassium Thiosulfate (KTS): This is a liquid form of potash fertilizer that contains potassium and sulfur. It is often used in foliar applications or as a source of potassium and sulfur in drip irrigation systems.

Potash fertilizers are typically applied to the soil or as foliar sprays, depending on the crop and specific nutrient requirements. They are an important component of modern agricultural practices and play a crucial role in improving crop yields and overall agricultural productivity. However, it's important to use potash fertilizers judiciously, following recommended rates and application methods, to avoid overuse and potential negative impacts on the environment.

Major players operating in the global potash fertilizers market 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.

The demand for potash fertilizers is driven by several factors, including increasing global population, rising food demand, growing awareness about the importance of balanced plant nutrition, and the need to improve agricultural productivity.

✦ Increasing global population: As the global population continues to grow, there is a higher demand for food to feed the expanding population. Potash is an essential nutrient required for plant growth and is critical in improving crop yields and quality. With the need to produce higher yields to meet the rising food demand, the demand for potash fertilizers is expected to increase.

✦ Rising food demand: The demand for food is increasing due to changing dietary patterns, urbanization, and economic growth in developing countries. This has led to higher demand for agricultural products, which in turn drives the demand for potash fertilizers to improve crop productivity and meet the food demand.

✦ Growing awareness about balanced plant nutrition: Farmers and growers are increasingly recognizing the importance of balanced plant nutrition for optimizing crop yields and quality. Balanced fertilization practices, which include the use of potash fertilizers along with other essential nutrients, are being adopted to ensure that crops receive the required nutrients in the right proportions. This awareness is driving the demand for potash fertilizers in agriculture.

✦ Need to improve agricultural productivity: The shrinking arable land and the need for sustainable farming practices to optimize land resources are driving the demand for potash fertilizers. Farmers are adopting precision agriculture practices and optimizing nutrient management strategies to maximize yield potential from limited land resources. Potash fertilizers play a crucial role in improving nutrient management and enhancing crop productivity.

✦ Changing climatic conditions: Changing climatic conditions, such as drought, salinity, and extreme temperatures, are affecting crop growth and stressing plants. Potash is known to help plants cope with environmental stresses and improve their tolerance to adverse conditions. As climate change continues to impact agriculture, the demand for potash fertilizers to mitigate the effects of stress on crops is expected to increase.

Potash fertilizers are widely used in various agricultural and non-agricultural applications. Some of the key applications of potash fertilizers in the market include:

Crop Nutrition: Potash fertilizers are used to provide essential potassium nutrient to crops for optimal growth, development, and yield. They help in improving the quality and quantity of crops by enhancing root development, flower and fruit formation, and stress tolerance. Potash fertilizers are commonly used in a wide range of crops, including cereals, oilseeds, fruits, vegetables, and cash crops.

Horticulture: Potash fertilizers are extensively used in horticulture, including fruits, vegetables, ornamental plants, and floriculture. They are crucial for the proper development of flowers, fruits, and overall plant health. Horticultural crops have specific potassium requirements, and potash fertilizers are applied at various stages of growth to meet these requirements and ensure optimal yield and quality.

Cash Crops: Potash fertilizers are also used in cash crops such as cotton, sugarcane, tobacco, and potatoes, where high potassium demand is required for optimal growth and yield. Potash fertilizers are applied during different stages of crop growth to meet the potassium requirements and enhance the yield and quality of cash crops.

Non-Agricultural Applications: Potash fertilizers are also used in non-agricultural applications, such as in the production of industrial crops, turf, and ornamental plants. They are used in turf management, golf courses, landscaping, and in the production of ornamental plants for aesthetic and recreational purposes.

Livestock Feed: Potash fertilizers are used as a source of potassium in livestock feed. Potassium is an essential mineral for the health and well-being of animals, and potash fertilizers are used to supplement the potassium requirements of livestock in their feed.

Hydroponics: Potash fertilizers are used in hydroponic systems, which are a method of growing plants without soil. Hydroponics relies on nutrient-rich water solutions, and potash fertilizers are used to provide the essential potassium nutrient to support plant growth in hydroponic systems.

Other Applications: Potash fertilizers are also used in various other applications, such as in the production of biofuels, in water treatment processes, and in the manufacturing of detergents and soaps.

Potash fertilizers offer several benefits in agricultural and horticultural practices, as well as in other applications. Some of the key benefits of potash fertilizers in the market include:

◘ Improved Crop Yield and Quality: Potash is an essential nutrient for plant growth and plays a crucial role in various physiological processes, including flower and fruit development, root development, and overall plant health. The application of potash fertilizers helps in meeting the potassium requirements of crops, resulting in improved crop yield and quality. Potash fertilizers are particularly beneficial for high-potassium demanding crops, such as fruits, vegetables, and cash crops, where they help in optimizing yield potential and enhancing the quality of harvested produce.

◘ Balanced Plant Nutrition: Potash fertilizers are a key component of balanced fertilization practices, along with nitrogen and phosphorus fertilizers. Balanced fertilization ensures that crops receive the essential nutrients in the right proportions, optimizing their growth and development. Potash fertilizers help in maintaining the proper nutrient balance in the soil and prevent nutrient deficiencies, which can result in reduced yields and poor crop quality.

◘ Enhanced Plant Health and Stress Tolerance: Potash has been shown to improve plant health and increase stress tolerance in crops. Potassium helps plants to withstand various environmental stresses, such as drought, salinity, and extreme temperatures, by regulating water uptake and reducing water loss through stomatal closure. Potash fertilizers also aid in the synthesis of stress-related proteins and enzymes in plants, helping them to cope with adverse conditions and improve overall stress tolerance.

◘ Sustainable Agriculture: The use of potash fertilizers can contribute to sustainable agriculture practices by optimizing nutrient management and reducing nutrient losses to the environment. Balanced fertilization with potash helps in preventing nutrient imbalances, reducing the risk of nutrient runoff and leaching, and minimizing environmental pollution. This promotes sustainable nutrient management practices, conserves natural resources, and minimizes the ecological impact of agricultural practices.

◘ Increased Profitability for Farmers: The use of potash fertilizers can lead to increased profitability for farmers by improving crop yields and quality. Higher yields and better-quality crops can fetch higher prices in the market, resulting in increased income for farmers. Potash fertilizers also contribute to reducing the risk of crop losses due to nutrient deficiencies or environmental stresses, which can result in financial losses for farmers.

◘ Wide Range of Applications: Potash fertilizers have diverse applications in agriculture, horticulture, hydroponics, livestock feed, and other industries, providing flexibility and versatility in their use. They can be used in various crop types, soil types, and climatic conditions, making them suitable for different agricultural practices and cropping systems.

In conclusion, potash fertilizers offer several benefits in improving crop yield and quality, maintaining balanced plant nutrition, enhancing plant health and stress tolerance, promoting sustainable agriculture, increasing profitability for farmers, and providing versatility in their applications. These benefits make potash fertilizers an essential component in modern agricultural and horticultural practices, contributing to improved agricultural productivity and sustainability.

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Global Potash Fertilizer Market Study Report 2014-2030

Analysis of the POTASH FERTILIZER MARKET

A comprehensive market study on the POTASH FERTILIZER MARKET Market provides an overview of the demand-supply and consumption patterns of Potash Fertilizer Market across six different regions. This market study describes the Potash Fertilizer Market Market, with focus on major countries and their subsequent demand for different segments. This report on the global Potash Fertilizer Market market offers a complete overview of various factors impacting positively or negatively on the overall growth of the Keyword market.

Distinct market estimations and forecasts are presented in this comprehensive Potash Fertilizer Market market study. Various secondary sources such as encyclopedia, directories, technical handbooks, company annual reports, industry association publications, magazine articles, world economic outlook, and databases have been referred to identify and collect information useful for this extensive commercial study of Potash Fertilizer Market. Moreover, both micro-economic and macro-economic factors have been considered to arrive at growth rate and size estimation in the short and long-term forecast. Prismane Consulting supplements this with primary research. The primary sources are experts from related industries and suppliers. For market forecast, and production / plant operating rates, we assume numerous reasons that drive production including new production capacity is brought on-stream, Planned, and unplanned outages of existing capacities and Subdued demand from end-use applications.

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The current COVID-19 pandemic is causing high and rising human costs worldwide. Isolation, nationwide lockdowns, and widespread closures to stop the spread of the virus have severely impacted the economy. As a result, the global economy declined by an around of -3.5% in 2020, much worse and below the 2008-2009 subprime mortgage crisis. The global economy has grown between 5% and 6% in 2021 and 2022 due to the normalization brought in the regional economic activities on back of the fading COVID-19 pandemic and stability in the crude oil prices. The economic activities have been aided by the new policies surrounding financial, agricultural, industrial, and manufacturing sector. The report on Potash Fertilizer Market Market studies and outlines the impact of COVID-19 and presents the forecasts for the short, mid and long-term. The report also covers Macro-economic factors like GDP, Population and World Economic integration, Economic & Energy Outlook, Industry & Policy Developments, End-use Industry / Applications Market, Reasoning & Analysis, Insightful Commentary, Market Review, Comparative Analysis, Latest Trends and market developments, Key players, Strategic Issues and Recommendations, Business Opportunity Assessment and much more.

Global Potash Fertilizer Demand Supply Analysis By Form, By Type,

By Application, (Volume, Value) (2014–2030)

     Strategic Issues

     Capacity Analysis – Plants and Projects (2014 – 2030)

Capacity

Production

Producing Companies

Capacity Additions and Investments

Location

Salient Statistics

Technology / Process

     Demand Supply Analysis and Forecast (2014 – 2030)

Capacity

Production

Operating Rate

Import

Export

Net Trade

Demand

Demand Growth Rate (%)

Driving Force Analysis

Global Potash Fertilizer Market, By Form

Solid

Liquid

Global Potash Fertilizer Market, By Type

Potassium Sulfate

Potassium Chloride (KCl)

Potassium Nitrate

Others

Global Potash Fertilizer Market, By Application

Fruits &Vegetables

Oilseeds & Pulses

Cereals & Grains

Others

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Global Nitrogenous Fertilizers Market Industry Analysis by Manufacturers, End-User, Type, Application, and Forecast to 2026

Global Nitrogenous Fertilizers Market: is expected to reach US$ 140.51 Bn by 2026, at a CAGR of 2.73% during the forecast period.

Global Nitrogenous Fertilizers Market Overview: Nitrogen is an essential element required for plant growth. Nitrogen (N) is one of the most widely distributed elements in nature, since it’s the most abundant gas in the atmosphere, only a few plants have the capability to absorb and use the same. Nitrogenous fertilizers are inorganic in nature, it contains nitrous compounds such as calcium ammonium nitrate, ammonium sulfate, ammonium nitrate, and other compounds. The nitrogenous fertilizer market is expected to achieve growth, owing to the rising food demand, due to the increasing population and the government’s investment to develop advanced technologies and fertilizer for environment friendly and high yield, in order to meet the rising food demand.

Global Nitrogenous Fertilizers Market 2021 by Manufacturers, Regions, Type and Application, Forecast to 2027, published by Maximize Market Research, is the culmination of thorough primary and secondary research. The study completely examines analysed insights in light of the market, as well as its ever-changing trends, industry environment, and all of the market’s leading elements. This research approach was used to investigate the Global Nitrogenous Fertilizers market, and the results were logically presented in this report.

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Global Nitrogenous Fertilizers Market Scope:

Global Nitrogenous Fertilizers Market 2021 research report 2027 includes crucial statistics and analytical insights to provide a comprehensive understanding of the market size, share, growth, trend, demand, top player and industry profile, opportunities, value cycle, end-users, technology, types, and application. The research will also include accessible opportunities in micro markets for stakeholders to invest, as well as a full analysis of the competitive landscape and significant competitors’ product offers.

The qualitative and quantitative data provided in the Global Nitrogenous Fertilizers market study can help decision-makers understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas. The report also includes the competitive landscape of key players in the industry along with emerging trends in the Global Nitrogenous Fertilizers market.

Global Nitrogenous Fertilizers Market Segmentation: On the basis of product type, urea segment had largest market in compared with other fertilizers, in 2018 and is expected to drive the market share of nitrogenous fertilizers by 1.8 % per annum during the forecast period. Demandfor urea is expected to reach about 340 million metric ton, by 2026. lesser cost as compared to other fertilizers, high contain of nitrogen (about 45%) and increased productivity, these factors will increase the demand of urea fertilizers.

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Global Nitrogenous Fertilizers Market Key Players:

• Agrium • ICL • Coromandel International Ltd • CF Industries Holdings Inc. • Bunge Ltd, Potash Corp • CVR Partners • Yara International ASA • Sinofert Holdings Ltd. • Eurochem, Mosaic • K+S • Koch Industries Inc. • Potash Corp. of Saskatchewan Inc. • Nutrien Inc. • PJSC Togliattiazot • OCI Nitrogen • SABIC Group • Indian Farmers Fertiliser Cooperative • Hellagrolip • CVR Partners

The competitive landscape is a critical aspect every key player needs to be familiar with. The report throws light on the competitive scenario of the Global Nitrogenous Fertilizers market to know the competition at both the domestic and global levels. The key aspects such as areas of operation, production, and product portfolio. Additionally, companies in the report are studied based on key factors such as company size, market share, market growth, revenue, production volume, and profits.

In additional Global Nitrogenous Fertilizers Market Share analysis of players, in-depth profiling, product/service and business overview, the study also concentrates on BCG matrix, heat map analysis, Competitive Benchmarking along with SWOT analysis to better correlate market competitiveness.

Global Nitrogenous Fertilizers Market Regional Analysis:

Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Global Nitrogenous Fertilizers market in these countries, which covering North America, U.S, Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.

COVID-19 Impact Analysis on Global Nitrogenous Fertilizers Market:

COVID-19 has a thorough impact on the Global Nitrogenous Fertilizers market in North America, Asia Pacific, the Middle East, Europe, and South America, according to the report. During this crisis, the paper presents a comprehensive examination of alternatives, challenging conditions, and difficult situations in the Global Nitrogenous Fertilizers market. The study briefly discusses the benefits as well as the challenges of the COVID-19 in terms of funding and market expansion. In addition, the study includes a collection of principles that are intended to assist readers in deciding and planning a corporate strategy.

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Potash Fertilizers Market Sales,Application and Growth Rate Forecast to 2027

Global Potash Fertilizers Market Report forecast to 2027’ takes a holistic approach to study the market and the ever-changing dynamics, owing to the COVID-19 pandemic. The report examines the industry scenario to predict how COVID-19 might impact the prospective growth of the sector. It evaluates key elements like overall revenue, technological innovations, product pipeline, product offerings, recent deals, research and development, and strategic initiatives such as mergers and acquisitions, collaborations, joint ventures, etc. This helps readers understand how these aspects are expected to affect the industry during the forecast period and benefit from the existing growth opportunities and prepare for challenges.

This is the latest report updated with the ongoing COVID-19 pandemic that offers an in-depth analysis of its impact on the growth of the Potash Fertilizers market in the forecast period.  The outbreak has affected almost all industries worldwide, and this report studies the changes brought about by the pandemic on the overall Potash Fertilizers scenario in the current as well as the following years. It also studies the changing dynamics of the global sector to investigate the profit earned or loss suffered by different areas of the industry.

Prominent players analyzed in the report are :

The Mosaic Company, Helm AG, Agrium Inc., JSC Belaruskali, Israel Chemicals Ltd., Eurochem Group AG, Borealis AG, Potash Corporation of Saskatchewan Inc., Yara International ASA, and Sociedad Química Y Minera De Chile S.A. (SQM), among others.

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Market Overview:

Chemical and manufacturing industry largely caters to a broad range of commodity-related manufacturing and include a wide variety of materials such as sand, gravel, stone, and chemicals. Increasing focus on development of sustainable chemicals and materials, advancements in the development of smart materials such as nanocomposites and other advanced composites, and growing popularity of 3D printing have significantly contributed to revenue growth of the market. In addition, rising emphasis on green building and construction have increased use of renewable resources and this is also a key factor driving market growth.

Key companies are engaged in developing advanced materials having robust characteristics and forming strategic alliances such as mergers and acquisitions, joint ventures, collaborations, and product launches among others to gain a robust footing in the market. The competitive landscape section offers a comprehensive analysis of the competitive landscape along with profiles of the companies, their product portfolios, and lucrative business strategies undertaken by them.

The report further segments the Potash Fertilizers market based on product types, applications, technology, end-use, and region, among others. The report also offers insights into key factors influencing the revenue growth of each segment and sub-segment along with market revenue share and CAGR.

On the basis of types, the segmentation covers:

Potassium Chloride

Potassium Nitrate

Sulfate of Potash

On the basis of application spectrum, the market is segmented into:

Foliar

Broadcasting

Fertigation

The report also offers a detailed regional analysis along with information about which region is expected to account for largest revenue share or register the fastest revenue growth and the key factors contributing to their growth. The regions are analyzed with regards to supply and demand, import/export, production and consumption pattern, market share, revenue contribution, market size, along with a stringent analysis of the key players present in the key regions.

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Regional analysis covers the following key regions:

North America (U.S.A., Canada, Mexico)

Europe (U.K., Italy, Germany, France, Rest of Europe)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Nitrogenous Fertilizers Market 2021 | Business Opportunity, Growth Strategies & Forecast Report By 2027

The Nitrogenous Fertilizers Market Report, in its latest update, highlights the significant impacts and the recent strategical changes under the present socio-economic scenario. The Nitrogenous Fertilizers industry growth avenues are deeply supported by exhaustive research by the top analysts oF the industry. The report starts with the executive summary, Followed by a value chain and marketing channels study. The report then estimates the CAGR and market revenue oF the global and regional segments.

Base Year: 2020

Estimated Year: 2021

Forecast Till: 2027

The report classifies the market into different segments based on type and product. These segments are studied in detail, incorporating the market estimates and forecasts at regional and country levels. The segment analysis is helpful in understanding the growth areas and potential opportunities of the market.

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A special section is dedicated to the analysis of the impact of the COVID-19 pandemic on the growth of the Nitrogenous Fertilizers market. The impact is closely studied in terms of production, import, export, and supply.

The report covers the complete competitive landscape of the Worldwide Nitrogenous Fertilizers market with company profiles of key players such as:

Yara International

Agrium

Mosaic

K+S, ICL

Coromandel International Ltd.

CF Industries Holdings Inc.

Potash Corp. of Saskatchewan

Eurochem

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Nitrogenous Fertilizers Market Analysis by Active Ingredients:

Urea

Ammonium Nitrate

Sodium Nitrate

Ammonium Sulfate

CAN

UAN

Calcium Nitrate

Ammonium Chloride

Others

Nitrogenous Fertilizers Market Analysis by Crops:

Cereals And Grains

Oil Seeds

Fruits And Vegetables

Nitrogenous Fertilizers Market Analysis by Geography:

North America (USA, Canada, and Mexico)

Europe (Germany, UK, France, Italy, Russia, Spain, Rest of Europe)

Asia Pacific (China, India, Japan, South Korea, Australia, South-East Asia, Rest of Asia-Pacific)

Latin America (Brazil, Argentina, Peru, Chile, Rest of Latin America)

The Middle East and Africa (Saudi Arabia, UAE, Israel, South Africa, Rest of the Middle East and Africa)

Key questions answered in the report:

What is the expected growth of the Nitrogenous Fertilizers market between 2022 to 2027?

Which application and type segment holds the maximum share in the Global Nitrogenous Fertilizers market?

Which regional Nitrogenous Fertilizers market shows the highest growth CAGR between 2022 to 2027?

What are the opportunities and challenges currently faced by the Nitrogenous Fertilizers market?

Who are the leading market players and what are their Strengths, Weakness, Opportunities, and Threats (SWOT)?

What business strategies are the competitors considering to stay in the Nitrogenous Fertilizers market?

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Magnesium derivatives market to surpass valuation of us$ 64 BN by 2030 - TRANSPARENCY MARKET RESEARCH

​Magnesium Derivatives Market: Introduction

The global magnesium derivatives market was valued at ~US$ 38 Bn in 2019 and is anticipated to expand at a CAGR of 5%, in terms of value, from 2020 to 2030. Magnesium derivatives are extensively used in agriculture, pharmaceutical, chemical, and construction applications due to their unique combination of characteristics. For instance, magnesium oxide is primarily used as an excellent source of magnesium in fertilizers to decrease the magnesium deficiency of soil. This enhances the yield and nutritional value of the soil. Magnesium hydroxide is also used in the manufacture of flame retardants, as it is economical and environment-friendly.

Magnesium carbonate, another magnesium derivative, is prominently used in the production of magnesium carbonate. Magnesium carbonate and magnesium carbonate-based minerals, such as hydromagnesite are used as materials in the manufacture of flame retardants. The rise in demand for low impurity steel is boosting the demand for high performance refractory linings. Magnesium carbonate is a key raw material for magnesium oxide, and in turn, refractory linings. It significantly influences performance characteristics of refractories. This is estimated to boost the consumption of magnesium derivatives, thereby driving the magnesium derivatives market in the near future.

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Key Drivers of Global Magnesium Derivatives Market

Magnesium derivatives such as magnesium hydroxide, magnesium sulfate, and magnesium chloride carry smoke suppressant and flame retardant properties. Magnesium derivatives are employed to reduce flammability in a wide range of materials.

Rise in THE number of fire incidents and increase in fire safety regulations & guidelines across the world are boosting the usage of flame retardants. Major industries are also taking proactive steps to avoid fire incidents. This is expected to drive the demand for flame retardants, thereby propelling the global magnesium derivatives market during the forecast period.

Increase in the demand for food, decrease in cultivation area, rise in the demand for sulfur-free fertilizers, and growth in magnesium deficiency of soil owing to the usage of ammonia-based fertilizers are some of the key factors driving the demand for magnesium oxide in the fertilizers industry. This, in turn, is augmenting the global magnesium derivatives market.

Rising Demand for Dead Burnt Magnesite to Offer Lucrative Opportunities

Dead burnt magnesia (DBM)/refractory magnesia is primarily used as a key component in refractory materials such as bricks, refractory mortars, gunning material, and cement. It is used to manufacture magnesium oxide, which is employed in several applications, including refractory and steel industries. DBM is resistant to corrosion, chemicals, and high heat. The steel & iron industry is a key consumer of DBM.

The consumption of DBM has been increasing due to the rise in the demand for steel refractory materials across the world. According to the World Steel Association, global steel production increased by 5.2% in 2018. Rise in the consumption of steel leads to an increase in the consumption of steel refractory bricks.

China is a key manufacturer and consumer of steel across the globe. It is a prominent producer of magnesite in the world, followed by Turkey and Russia. The country accounts for 50% share of MgO exports in the world.

Favorable economic conditions, growth in investments in infrastructure, and rise in industrialization in developing economies are key factors boosting the demand for dead burnt magnesite. This is anticipated to provide lucrative opportunities to the magnesium derivatives market.

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Fluctuation in Raw Material Prices to Hamper Magnesium Derivatives Market

Raw materials such as magnesite, dolomite, brucite, and olivine minerals are employed in the manufacture of magnesium derivatives as well as magnesium. Manufacturers of magnesium derivatives are dependent on suppliers to meet their requirements for raw materials.

Historically, the prices of magnesium derivatives have increased and decreased due to factors related to raw materials such as availability and supply. The prices of raw materials depend upon the production and supply of and demand for magnesium across the globe.

Regulations imposed on mining also hamper the production of magnesium derivatives. Increase in duties on imports and exports is another factor responsible for fluctuation in the prices of raw materials.

Volatility in availability and fluctuating prices of raw materials can significantly hamper the global magnesium derivatives market. It can reduce the production and consumption of magnesium derivatives. It can also negatively affect the adoption of magnesium derivative-based applications.

Asia Pacific Dominates Global Magnesium Derivatives Market

Asia Pacific held ~50% share of the global magnesium derivatives market in 2018. China is one of the major consumers of magnesia and magnesite in the region.

The magnesium derivatives market in Asia Pacific is witnessing significant growth, due to an increase in the demand for high-strength steel in various end-user industries in developing economies such as China, India, and ASEAN. The market in India is projected to expand at a prominent CAGR during the forecast period, due to the growth of the country’s economy, rise in urban population, and advancements in the construction industry.

Trade deficit and instability in the prices of raw materials are anticipated to restrain the markets in in North America and Europe

Increase in construction activities in Colombia and GCC and rise in the demand for MgO in animal feed and fertilizer industries in Latin America are expected to boost the global magnesium derivatives market during the forecast period.

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Varying Market Share of Individual Magnesium Derivatives

YINGKOU MAGNESITE CHEMICAL IND GROUP CO., LTD is a leading player in the magnesium oxide as well as magnesite industry based in China. RHI Magnesite, Grecian Magnesite, Ube Industries Limited, and Martin Marietta Magnesia Specialties are the key players operating in the magnesium oxide segment. Other players include Nedmag B.V., Kyowa Chemical Industry Co, and MAGNESIA GmbH.

K+S Group is a leading company operating in the magnesium chloride segment of the market. It accounted for 22.4% share in 2018. Compass Minerals, Intrepid Potash, Inc., Israel Chemical Company, and Karnalyte Resources Inc. together held 24.7% share of the market in 2018. Other key players operating in the magnesium chloride segment include Nedmag B.V., Prochem, Inc., and Rainbow Expochem Company.

The magnesium hydroxide segment is dominated by Japan- as well as China-based manufacturers. Konoshima Chemicals, Co Ltd and Kyowa Chemicals Industry Co Ltd are some of the players based in Japan that are engaged in the manufacture of magnesium hydroxide. Martin Marietta Magnesia Specialties, Xinyang Minerals Group, and YINGKOU MAGNESITE CHEMICAL IND GROUP CO., LTD, together, held 16.7% share of the magnesium hydroxide industry in 2018. Other key players include Nedmag B.V., Huber Engineered Materials, and MAGNESIA GmbH.

Companies in the Magnesium Derivatives market have increasingly shifted gears with wide application of digital technology across the continuum, from raw material sourcing to manufacturing to generation of final output, to warehousing to final distribution operations. Among the various affects, the market is witnessing new growth economics due to thinning of line between specialty and commodity businesses that are associated with the larger ecosystem. At the same time, new growth parameters are being vigorously being debated as industry stakeholders put greater emphasis on the circular economy processes.

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Global Magnesium Sulfate   -Research Report, Growth Trends Size, Overview, Risk, Huge Growth Opportunity Market , Share, Countries, and Competitive Analysis 2020-2027

Worldwide Competitive Outlook

The Market of Magnesium Sulphate appears to be highly competitive and fragmented. With increasing industrialization and upgradation, manufacturers are setting up facilities to meet the demand for Magnesium Sulphate in the most efficient manner. High investments transpired in to R&D are anticipated to impact the market positively. Key Players strive to inculcate latest technical innovations in their procedure to reduce the harmful factors.

Industry/ Innovation/Related News

January 11, 2018 – Crystal Peak Minerals Inc. (Canada) one of the leading player in production of specialty fertilizers and associated minerals, including magnesium compounds etc. announced the results of a Feasibility Study (FS) for the production of Sulfate of Potash (SOP) from its Sevier Playa Sulfate of Potash Project.  Following the FS, the company plans to produce a suite of useful and necessary products from the brines found at the Sevier Playa. Using an environmentally friendly, solar evaporation process the company will produce a fertilizer expected to be certified as organic. Other products may include sodium chloride, sulfate of potash magnesia (a specialty fertilizer); and most importantly magnesium sulfate (used in agriculture and as bath salts) etc. Additional research may lead to the development of other beneficial chemicals and nutrients from the brines at the Sevier Playa project.

 Magnesium Sulphate Global Market – Overview

Magnesium Sulphate or Magnesium Sulfate comes in various forms. Depending on the purposes, these forms are used across industries such as healthcare, R&D, Chemical, Food sector, Agriculture etc. Magnesium sulphate is often considered as sulphate mineral & epsomite, commonly known as Epsom Salt. Magnesium Sulphate has proven to be far more effective for optimum yields. Ever augmenting population worldwide is fueling the demand for increasing food production resulting in to extensive uses of Magnesium Sulphate for farming further increasing its market demand further pushing the market growth of Magnesium Sulphate.

Acknowledging the kind of traction gained by this market, Market Research Future recently published a study report. According to the report, Magnesium Sulphate market is expected to worth USD 10,731.05 Million by 2027, at 4.48 % of a CAGR during the anticipated period (2017 – 2027).  

Magnesium Sulfate in the form of Epsom salt, is consumed as a laxative to relieve occasional constipation, to increase water in the intestines and to treat low levels of magnesium (hypomagnesemia). The burgeoning Healthcare sector worldwide is expected to grow pervasively in the years to come which implies more demand for medicine presaging furthering demand and growth of the Magnesium Sulphate globally. Other factors propelling the market growth include agricultural evolution & technological advancement coupled with the industries that generate the demand for Magnesium Sulfate like Food Additives, Pharmaceuticals, and Pulp & Paper Industry etc.

Conversely, reported allergic reactions cases (skin infection and diarrhea/ loose motions) due to Magnesium Sulfate are estimated to restrict the market growth during the forecasted period.

 Worldwide Magnesium Sulphate Market – Segment

For the convenience of the report and enhanced understanding; the analysis is segmented in to 6 key dynamics:-

By Type                               : Comprises types Heptahydrate (Epsom Salt), Anhydrous (Calcined Kieserite) & Monohydrate (Kieserite).

By Product Type                : Powder, Solid Crystal & Liquid.

By Grade                            : Kieserite (magnesium sulphate monohydrate), Magnesium sulphate anhydrous (calcined kieserite), & Epsom salt (magnesium sulphate heptahydrate).

By Application                              : Agriculture, Food Additives & Pharmaceuticals, Chemical & Industrial Uses (Pulp & Paper Industry), and others.

By Distribution Channel    : Online & Offline.

By Regions                          :  North America, Europe, APAC and Rest of the World.

Worldwide Magnesium Sulphate Market – Regional Analysis

APAC region accounts for over 60% to 65% of the world’s population which is expected to rise in the years to come making the region to confront food insufficiency issues. This would directly result in augmenting demand for food production. Use of Magnesium Sulphate in agriculture sector has proven to be an effective way to increase food productivity. These factors would drive the ever increasing demand for Magnesium Sulphate in the Asia Pacific. North America and Europe region is the second and third market for Magnesium Sulphate in terms of demand.

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 NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

[research-analyst]

Potassium Sulfate Market Research Report, Size, Share, Industry Outlook - 2021-2027

The Global Potassium Sulfate Market report gives a comprehensive overview of the Potassium Sulfate market scenario to present accurate forecasts of the upcoming years with special focus on the competitive landscape, market segmentation, current and emerging trends, and strategic recommendations to help readers gain a robust footing in the market. The report also focuses on the comprehensive analysis of the competitive landscape along with descriptive company profiles, market share, product portfolio, financial standings, market reach, global position, and strategic business expansion plans.

The report is furnished with the latest market scenario pertaining to the COVID-19 pandemic and its after-effects on the Potassium Sulfate industry and the key segments. The pandemic has disrupted the workflow of the industry and created financial difficulties. The report assesses the complete impact of the pandemic on the market and offers key insights into the market scenario along with trends and demands disruptions. The report also offers an outlook on the market scenario in the forecast timeline.

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Some of the players profiled in the report are:

· K+S KALI GmbH

· Compass Minerals International Inc.

· SESODA

· Tessenderlo Group

· SQM S.A.

· RUSAL 

· SDIC Xinjiang Luobupo Potash Co. Ltd.

· Yara International ASA

· Migao Corporation

· The Mosaic Company

· China Ching Shiang Chemical Co. Ltd.

The Global Potassium Sulfate Market is segmented as follows:

Market segment based on Manufacturing Process:

· Mannheim Process

· Sulfate salts reaction

· Brine Processing

· Others

Market segment based on Application:

· Agriculture

· Industrial

· Pharmaceutical

· Cosmetics

· Foods

· Others

Market Segmentation by Regions:

· North America

· Europe

· Asia Pacific

· Middle East and Africa

· Latin America

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Key Point Summary of the Report:

The global Potassium Sulfate market research report is an investigative study offering key insights into the latest growth trends, developments, technological and product advancements, and the research and development scenario. The report also covers the market aspects that directly influence the growth of the market. These features include strategies undertaken by the prominent players, their expansion tactics, and the product portfolios of the companies, and micro and macro-economic factors.

The study also analyses the crucial market aspects, including R&D, product launches and brand promotions, mergers and acquisitions, collaborations, joint ventures, and the growth pattern on both regional and global levels. The report offers an in-depth evaluation of factors such as cost, capacity, rates of production and consumption, gross revenue, profit margin, demand and supply ratio, import/export, market share, market size, and market trends.

The Global Potassium Sulfate Market includes relevant and verified information relating to the overall market, key players, and their market position and financial standing. The report utilizes advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, investment return analysis, and feasibility analysis to offer a comprehensive view of the market position of the major players of the industry.

To know more about the report, visit @ https://www.reportsanddata.com/report-detail/potassium-sulfate-market

To summarize everything stated above, the report offers key insights into the Potassium Sulfate market to allow the reader to gain a complete understanding of the Global Potassium Sulfate Market through accurate estimations, a panoramic view of the market scenario, competitive landscape, factors influencing the growth of the market, driving factors, restraints, regulatory framework, growth prospects and opportunities, and factors propelling the market forward. The research study offers an in-depth view of the industry to offer a competitive edge to the reader and help them in formulating beneficial investment plans. The report provides a comprehensive overview of the market with facts relating to the past, present, and future of the Global Potassium Sulfate Market.

Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or queries about customization options, please reach out to us, and we will offer you the report best suited for your needs.

[researge]

Potash Fertilizer Market : Key Players, Growth, Analysis, 2014 – 2030

Prismane Consulting is pleased to publish its Potash Fertilizer Market Market Study Report which includes historic and current market situation of Potash Fertilizer Market across several end-use industries.

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This market study describes the global Potash Fertilizer Market market, with focus on major countries and their subsequent demand across different applications and sub-applications. The study covers demand-supply analysis for regions including North America, Western Europe, Central & Eastern Europe, Central & South America, Asia-Pacific, Middle East and Africa and major countries like the U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Russia, Poland, Turkey, China, Japan, India, South Korea, Thailand, Taiwan, South Africa, and Saudi Arabia. The market is segmented based on end-use which includes Fruits &Vegetables, Oilseeds & Pulses, Cereals & Grains, and others.Potash Fertilizer Market Production capacity expansions, force majeure, de-bottlenecks, plant shutdowns and new product developments have been considered in the report.

Potash Fertilizer Market demand patterns are dramatically different between various regions and countries. In the areas with mature economies, demand growth for Potash Fertilizer Market is expected to fall well below global averages primarily due to the geographic shift of many manufacturing industries to areas of lower labor costs such as China, India, and the ASEAN region.

The primary driver for the growth in demand of Potash Fertilizer Market in Asia has been the migration of labor-intensive downstream conversion industries from developed high labor cost regions like North America and Western Europe.

Topics Covered

The report covers the following topics:

Potash Fertilizer Market Market data in term of volume and value for each end-use at regional and country level

Potash Fertilizer Market Market analysis for production, capacity, demand, supply, trade, and utilization rates at regional and country level

Trade balance and target markets for current situation, new expansions, or new projects

Business opportunity assessment

Macro-economic factors like GDP, population, and world economic integration

Strategic issues and recommendations

Strategic recommendations for vendors, and industry stakeholders

Market analysis and forecasts (short-, mid- and long-term forecast) from 2015 till 2030

Potash Fertilizer Market Market: Applications Covered

Global Potash Fertilizer Demand Supply Analysis By Form, By Type,

By Application, (Volume, Value) (2014–2030)

     Strategic Issues

     Capacity Analysis – Plants and Projects (2014 – 2030)

Capacity

Production

Producing Companies

Capacity Additions and Investments

Location

Salient Statistics

Technology / Process

     Demand Supply Analysis and Forecast (2014 – 2030)

Capacity

Production

Operating Rate

Import

Export

Net Trade

Demand

Demand Growth Rate (%)

Driving Force Analysis

Global Potash Fertilizer Market, By Form

Solid

Liquid

Global Potash Fertilizer Market, By Type

Potassium Sulfate

Potassium Chloride (KCl)

Potassium Nitrate

Others

Potash Fertilizer Market Market: Regions covered

- Asia Pacific

- Eastern Europe

- Central & South America

- Middle East & Africa

- North America

- Western Europe

Key Questions Answered

The Global Potash Fertilizer Market Market study answers the following key questions:

How big is the Potash Fertilizer Marketmarket?

How is the Potash Fertilizer Market market evolving by demand-supply, segment, and region?

What will the Potash Fertilizer Market market size be in 2030 and at what rate will it grow?

What trends, challenges and barriers are influencing its growth?

Who are the key manufacturers and what are their shares in different region?

What opportunities and target markets exist for Potash Fertilizer Market

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Prismane Consulting is a unique consulting and market research firm providing management, economic and technical expertise across the global Chemicals, Petrochemicals, Polymers, Materials and Energy value chain. The company has been advising clients on their key strategic issues solving their toughest and most critical business problems. We have helped some of the fortune 500 companies develop their strategic plans by tracking and interpreting market dynamics.

Prismane consulting has completed several multi-client studies and projects. It offers Market Studies, World Analysis and Strategy Reports related to Refining, Chemicals, Petrochemicals, Plastic & Polymers and Materials. For update on the annual subscription (monthly, quarterly, and annually) on the chemicals industry, please write to sales@prismaneconsulting.com

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[rahulmmr]

Global Potassium Fertilizers market was valued US$ XX million in 2019 and is expected to reach US$ 370 Million by 2026, at CAGR of xx %during forecast period.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.

To know about the Research Methodology :- Request Free Sample Report

The objective of the report is to present comprehensive assessment projections with a suitable set of assumptions and methodology. The report helps in understanding Global potassium fertilizers market dynamics, structure by identifying and analyzing the market segments and projecting the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, growth strategies, and regional presence. To understand the market dynamics and by region, the report has covered the PEST analysis by region and key economies across the globe, which are supposed to have an impact on market in forecast period. PORTER’s analysis, and SVOR analysis of the market as well as detailed SWOT analysis of key players has been done to analyze their strategies. The report will to address all questions of shareholders to prioritize the efforts and investment in the near future to the emerging segment in the Global Potassium Fertilizers market

Global Potassium Fertilizers Market: Overview

Global demand for potassium fertilizers is expected to witness a significant growth owing to Potassium is an essential nutrient in about all processes needed to increase plant growth and production. Plants deficient in potassium are less resistant to conditions including drought, excess water, and high & low temperatures. Moreover they are also less resistant to pests, diseases and nematode attacks. Because potassium enhance the general health of growing plants and helps them fight against disease, it is known as the "essential" nutrient. Potassium influence quality factors such as shape, color, size, and vigor of the seed or grain, and enhance the fiber quality of cotton.

Global Potassium Fertilizers Market: Drivers and Restraints

The growth of potassium fertilizers market is highly driven by increasing need for higher crop yield with restricted land field and increase in efficiency of potash fertilizers. Increase in demand of crops for other applications such as production of biofuels and seed oil are putting pressure to existing supply of grains for food consumption. Large amount of agricultural producers using these products by seeing enhancing benefits of potassium fertilizer.

Moreover an increasing population and demand for food, growing urban population, adaptation of standard living. Numerous governments across the globe taken Initiative to modernize farming technique and increase agricultural productivity has led to a rise in demand for potash fertilizers over the past few years. Crop diversity and climatic conditions of regions play key role in stimulating potash fertilizer market growth. These factor are expected to play an important role in augmenting potash fertilizers market growth to increase crop yield.

On the other hand, rising trend toward the consumption of organic food & food products which are produced without any synthetic or chemical or with only natural or bio fertilizers. This is one of the important factor to hamper the market of potassium fertilizer.

Global Potassium Fertilizers Market: Segment Analysis

On the basis of product type, potassium chloride segment had largest market share in 2018 due to potassium chloride mainly used as an important source of potassium for field crops, it includes more potassium than any other mineral in the ratio about 60:40(K:Cl) and relatively less cost. Potassium chloride has greater water solubility and any other type, so it’s highly recommended to agricultural producers. Increasing demand for food and high demand towards high yielding, disease resistant and good quality crops by farmers. These factors will drive the market of potassium chloride during the forecast period.

On the basis of crop type, cereals and grains segment had largest market share in 2018 and is expected to drive the market of potassium during the forecast period. Among the grains, rice, wheat, and corn are the major consumers of potash fertilizers. Additionally, increasing population and demand for healthy diet that contains essential nutrients in sufficient quantity have increased the need high crop yields. These are the factors will drive the market share during forecast period.

Global Potassium Fertilizers Market: Regional Analysis

Asia Pacific market had largest market share in 2017 and expected to grow during the forecast period(2017-2026) owing to high population in the region leading to an increased demand for food grains, improving demand for nutrients enriched food and increasing awareness among farmers about the possibility of high yield in less land fields through fertilizers. Asia Pacific including India and China are diverse in climate conditions such as drought region, high temperature and potassium fertilizers are less resistant to these conditions to grow healthy plants and increase in productivity. Government taking initiative to improving the techniques of farming and modernizing it. Particularly government in china taking extra efforts to increase in production of potassium fertilizers owing to increasing demand of food. Rise in consumption of vegetable crops that require potash fertilizers for keeping their potassium content. And increasing demand for animal feed is one of the important factor. These are the factors, which will drive the growth of the potassium fertilizers market in the region.

Asia Pacific followed by North America, Europe and rest of the world owing to increasing population, improvement in standards of living and increasing demand for domestic food.

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Scope of Global Potassium Fertilizers Market: Inquire before Buying

Global Potassium Fertilizers Market, by Product Type

• Potassium chloride

• Sulfate of Potash (SOP)

• Potassium nitrate

• Others

Global Potassium Fertilizers Market, by Application Method

• Broadcasting

• Foliar

• Fertigation

Global Potassium Fertilizers Market, by Form

• Solid

• Liquid

Global Potassium Fertilizers Market, by Crop Type

• Cereals & grains

• Oilseeds & pulses

• Fruits & vegetables

• Others

Global Potassium Fertilizers Market, by Region

• North America

• Europe

• Asia Pacific

• Middle East & Africa

• South America

Key players operating in the Global Live Cell Encapsulation Market

• Yara International ASA (Norway)

• Agrium Inc. (Canada)

• Potashcorp Corporation Of Saskatchewan Inc. (Canada)

• EuroChem Group AG (Switzerland)

• The Mosaic Company (U.S.)

• JSC Belaruskali (Belarus)

• HELM AG (Germany)

• Israel Chemicals Ltd. (Israel)

• Sociedad Química y Minera de Chile (Chile) S.A

• Borealis AG (Austria)

• Sinofert Holdings Limited (Hong Kong)

• K+S AKTIENGESELLSCHAFT (Germany)

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Potash Fertilizers Market Overview,Analysis By Industry Share, Merger, Acquisition and Forecast till 2027

Reports and Data has recently published a new report titled Global Potash Fertilizers Market that offers vital statistical data about market size, market share, revenue growth, and evaluation of key segments such as types, applications, regions, technology, end-user, and prominent players of the industry. The report is further furnished with the latest market scenario pertaining to the global COVID-19 crisis and disruption in supply chain, changes in demands and trends, and economic scenario. The report also provides strategic recommendations to the new entrants pertaining to entry level barriers and to established players to help them gain a robust footing in the market and capitalize on lucrative opportunities in the market.

The global potash fertilizers market is expected to reach USD 31.81 Billion by 2027, according to a new report by Reports and Data. Growing demand for potash fertilizers for high crop yield is one of the significant factors influencing the market growth. Fertilizers allow farmers to increase their crop yield by boosting the productivity of the agricultural land, as well as can make an otherwise less productive land produce substantial yields.

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Prominent players analyzed in the report are :

The Mosaic Company, Helm AG, Agrium Inc., JSC Belaruskali, Israel Chemicals Ltd., Eurochem Group AG, Borealis AG, Potash Corporation of Saskatchewan Inc., Yara International ASA, and Sociedad Química Y Minera De Chile S.A. (SQM), among others.

On the basis of types, the segmentation covers:

Potassium Chloride

Potassium Nitrate

Sulfate of Potash

On the basis of application spectrum, the market is segmented into:

Foliar

Broadcasting

Fertigation

The report also offers a detailed regional analysis along with information about which region is expected to account for largest revenue share or register the fastest revenue growth and the key factors contributing to their growth. The regions are analyzed with regards to supply and demand, import/export, production and consumption pattern, market share, revenue contribution, market size, along with a stringent analysis of the key players present in the key regions.

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Regional analysis covers the following key regions:

North America (U.S.A., Canada, Mexico)

Europe (U.K., Italy, Germany, France, Rest of Europe)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Potash Fertilizers Market Share, Size & Analysis, By Product Type, By Application Forcaste to 2017-2027

The Global Potash Fertilizers Market report gives a comprehensive overview of the Potash Fertilizers market scenario to present accurate forecasts of the upcoming years with special focus on the competitive landscape, market segmentation, current and emerging trends, and strategic recommendations to help readers gain a robust footing in the market. The report also focuses on the comprehensive analysis of the competitive landscape along with descriptive company profiles, market share, product portfolio, financial standings, market reach, global position, and strategic business expansion plans. Market Size – USD 23.79 Billion in 2019, Market Growth - CAGR of 3.6%, Market Trends – Growing population across the globe

The report is furnished with the latest market scenario pertaining to the COVID-19 pandemic and its after-effects on the Potash Fertilizers industry and the key segments. The pandemic has disrupted the workflow of the industry and created financial difficulties. The report assesses the complete impact of the pandemic on the market and offers key insights into the market scenario along with trends and demands disruptions. The report also offers an outlook on the market scenario in the forecast timeline.

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Some of the players profiled in the report are The Mosaic Company, Helm AG, Agrium Inc., JSC Belaruskali, Israel Chemicals Ltd., Eurochem Group AG, Borealis AG, Potash Corporation of Saskatchewan Inc., Yara International ASA, and Sociedad Química Y Minera De Chile S.A. (SQM), among others.

The Global Potash Fertilizers Market is segmented as follows:

Product Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2017-2027)

Potassium Chloride

Potassium Nitrate

Sulfate of Potash

Mode of Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2017-2027)

Foliar

Broadcasting

Fertigation

Crop Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2017-2027)

Cereals & Grains

Fruits & Vegetables

Oilseeds & Pulses

Others

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Market Segmentation by Regions:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Point Summary of the Report:

The global Potash Fertilizers market research report is an investigative study offering key insights into the latest growth trends, developments, technological and product advancements, and the research and development scenario. The report also covers the market aspects that directly influence the growth of the market. These features include strategies undertaken by the prominent players, their expansion tactics, and the product portfolios of the companies, and micro and macro-economic factors.

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The study also analyses the crucial market aspects, including R&D, product launches and brand promotions, mergers and acquisitions, collaborations, joint ventures, and the growth pattern on both regional and global levels. The report offers an in-depth evaluation of factors such as cost, capacity, rates of production and consumption, gross revenue, profit margin, demand and supply ratio, import/export, market share, market size, and market trends.

The Global Potash Fertilizers Market includes relevant and verified information relating to the overall market, key players, and their market position and financial standing. The report utilizes advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, investment return analysis, and feasibility analysis to offer a comprehensive view of the market position of the major players of the industry.

Key Coverage of the Potash Fertilizers Market:

Insightful information regarding the global Potash Fertilizers market

Identification of growth in various segments and sub-segments of the Potash Fertilizers market

Strategic recommendations for investment opportunities

The report covers significant statistics related to the industry along with products, applications, price analysis, demand & supply, and production and consumptions rate

Emerging trends and current market segment analysis to help investors formulate new business strategies

Accelerates the decision-making process through the availability of the drivers and limitations

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To summarize everything stated above, the report offers key insights into the Potash Fertilizers market to allow the reader to gain a complete understanding of the Global Potash Fertilizers Market through accurate estimations, a panoramic view of the market scenario, competitive landscape, factors influencing the growth of the market, driving factors, restraints, regulatory framework, growth prospects and opportunities, and factors propelling the market forward. The research study offers an in-depth view of the industry to offer a competitive edge to the reader and help them in formulating beneficial investment plans. The report provides a comprehensive overview of the market with facts relating to the past, present, and future of the Global Potash Fertilizers Market.

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POTASH MARKET ANALYSIS

The compounds that contain potassium are referred to as potash. Potassium chloride (KCl), potassium nitrate (KNO3), and potassium sulfate (K2SO4) are some of the examples of potash. It contains potassium in water-soluble form. The extraction of potassium carbonate was done by leaching wood ashes and then evaporating the solution in large pots. The name potash was derived from this method of extraction. The separation of salt and other minerals from potash rocks results in availability of potash.

Market Dynamics

The global potash market size is expected to be valued at US$ 19 million, exhibiting a CAGR of over 4.5% over the forecast period (2019-2027). Increasing demand for fertilizers is one of the major factors driving growth of the global potash market. The demand for food is increasing globally due to increasing population and rapid urbanization. Therefore, for agricultural activities, farmers use potash-based fertilizers for healthy growth of plants. This results in increasing demand for potash, thereby driving the potash market growth. Moreover, increasing shrinking of arable land is resulting in rising demand for agricultural fertilizers to enhance the productivity and yield per hectare. This will create growth opportunities for the potash market.

Moreover, potash find applications in animal feed-stocks and industrial processes. It is used as animal feed for animal growth and milk production. Also, manufacturing of ceramics, soaps, and glass uses potash.

Market Outlook

On the basis of region, the global potash market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Asia Pacific holds dominant position in the global potash market, followed by Latin America. Increasing population is one of the major factors that drive growth of the potash market in Asia Pacific region. Increased per capita food consumption and high food inflation due to low crop production are expected to increase demand for potash fertilizers, thereby fueling potash market growth in the region. In Latin America, Brazil is the largest consumer of potash fertilizers.

One of the key trends of potash market include increasing adoption of potash in hydroponics farming. This technique of farming is highly efficient when compared to traditional farming, which requires more amount of space, water, and pesticides.

Key Players

Some of the major players operating in the global potash market include Passport Potash, OAO Uralkali, IC Potash Corp, Agrium, Intrepid Potash, ICL, JSC BELARUSKALI, Nutrien, The Mosaic Company, Vale, PotashCorp, Qinghai Salt Lake, and Belaruskali among others.

Potash Market Key Developments:

On 2nd January 2018, Nutrien Ltd. completed the merger of equals between Agrium Inc. and Potash Corporation of Saskatchewan Inc. Nutrien Ltd. has one of the largest crop nutrient product portfolio which is further expected to expand during the forecast period owing to the merger between the above listed companies.

In January 2014, OAO Uralkali, a Russian potash producer signed a first half sales deal with Chinese agrochemical consortium to sell its fertilizer additive potash for $305 a metric ton. This deal is expected to expand the company’s sales in the Chinese potash market and thereby contribute towards the company’s future growth in case of potash market.

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Nitrogenous Fertilizers Market Size And Forecast

The Global Nitrogenous Fertilizers Market was valued at USD 107.98 billion in 2016 and is projected to reach USD 131.46 billion by 2025, growing at a CAGR of 2.21% from 2017 to 2025.

In the Global Nitrogenous Fertilizers Market report, the introduction covers the facts and figures collected from various authentic sources along with the in-house database. Our research team has gathered data in the form of charts, tables and diagrams to make it easy to for the clients to understand the market landscape.

To understand the market dynamics, the Global Nitrogenous Fertilizers market report has a dedicated section to highlights the impact of external factors that can either drive the business to new heights or shut down their doors. For boosting the business after entering into the new market segment, every enterprise needs to understand the real trends that have shaped the market so far. This will help the companies in making a plan to conquer the biggest chunk of the market. Moreover, the steps mentioned in the Global Nitrogenous Fertilizers market report will help in steady growth along with achieving the goal of sales and customer generation ion the offing.

The report covers extensive analysis of the key market players in the market, along with their business overview, expansion plans, and strategies. 

The key players studied in the report include:

Bunge Limited

Yara International ASA

Eurochem Group AG

Sinofert Holdings Limited.

CVR Partners

LP

Koch Industries

Coromandel International

CF Industries Holdings

Potash Corp. of Saskatchewan

Agrium

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The report offers a comprehensive analysis of the Nitrogenous Fertilizers market inclusive of product portfolio, categories, applications, and a comprehensive analysis of the value chain structure. The study investigates several factors influencing the growth of the market and provides a competitive advantage to the readers.

The Nitrogenous Fertilizers market report is an investigative study that provides insights into opportunities, limitations, and barriers encountered by the companies that influence or hinder the growth of the industry. Overall the report provides valuable information and an overview of the market scenario to gain a better understanding of the market.

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By Crop type

• Oilseeds & Pulses • Cereals & Grains • Fruits & Vegetables • Others

By Mode of Application

• Foliar • Fertigation • Soil • Others

By Type

• Ammonium Nitrate • Ammonia • Calcium Ammonium Nitrate (CAN) • Ammonium Sulfate • Urea • Others

The report covers an extensive regional analysis and market estimation in each region and covers key geographical regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.