Potash Fertilizers Market is projected to reach $26.87 Billion by 2022

Published: Thu Sep 06 2018

The report "Potash Fertilizers Market by Type (Potassium Chloride, Sulfate of Potash, Potassium Nitrate), Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables), Application Method, Form, and Region - Global Forecast to 2022", The global potash fertilizers market is projected to reach USD 26.87 Billion by 2022 in terms of value, at a CAGR of 4.47% from USD 21.60 Billion in 2017. The global potash fertilizers market is expanding with considerable growth potential during the next five years. The growth of this market can be attributed to the need for higher productivity using limited land area and increase in applicability of potash fertilizers.

Browse 85 Market Data Tables and 38 Figures spread through 138 Pages and in-depth TOC on "Potash Fertilizers Market - Global Forecast to 2022"

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The potash fertilizers market caters to the agricultural industry including cereals & grains, oilseeds & pulses, and fruits & vegetables. The demand for fruits & vegetables is constantly on the rise, globally. This can be attributed to the factor that they play a key role in the human diet and cannot be substituted with supplements.

The potash fertilizers market, by application method, has been segmented into broadcasting, foliar, and fertigation. The broadcasting segment is projected to grow at the highest CAGR from 2017 to 2022.

The potash fertilizers market, by crop type, has been segmented into cereals & grains, oilseeds & pulses, fruits & vegetables, and others. The cereals & grains segment is projected to grow at the highest CAGR from 2017 to 2022 due to the high application of potassium chloride. It increases plant resistance to various pests and diseases such as stem borers, which severely decrease rice yields if not controlled properly.

The Asia Pacific region is projected to be the fastest-growing segment from 2017 to 2022. This region offers the most attractive growth opportunities for potash fertilizers with growth in demand for better yield crops coupled with rise in awareness among farmers about nutritional balance in crops, and through the presence of various key market players.

This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as the Yara International ASA (Norway), Agrium Inc. (Canada), Potash 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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