MarketReportsOnline.com adds "Global Sulfate of Potash (SOP) Fertilizer Market: Trends & Opportunities (2013-2018)" report to its research store.
Dallas, TX -- (SBWIRE) -- 01/07/2015 -- The report titled "Global SOP Fertilizer Market: Trends & Opportunities (2013-2018)" provides an in-depth analysis of the global SOP market with detailed analysis of various regions like Asia, Europe, Africa, North America, South America and Africa. It also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall SOP fertilizer industry has also been forecasted for the period 2013-18, taking into consideration the previous growth patterns, the growth drivers and the current and future trends. Further, key players of the industry like Potash Corp, Compass Minerals, Intrepid Potash Inc, Mosaic Company, Migao Corporation are profiled.
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-South and Central America
-Intrepid Potash Inc
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Sulphate of Potash (SOP) is the most commonly used non-chloride potash fertilizer in the world, with an annual worldwide demand of 6 million short tonnes per year. It can be sold as a powder for use in compound fertilizers containing nitrogen, phosphate, potassium, and sulphate, as a granular product for direct application, or as a soluble product. SOP is priced at a premium to Muriate of Potash (MOP), and is utilized for sensitive, high-value crops including many fruits, vegetables, tobacco and tree crops such as nuts.
China is the largest consumer and producer of SOP as the usage of SOP in China is driven by significant tobacco production with China boasting the largest tobacco producer in the world. China is the main exporter of SOP fertilizer and has a production capacity of approximately 4 million tonnes.
SOP fertilizer demand is likely to increase in the coming years as world's population is rising which is leading to decrease in arable land, which will result in increased demand of fertilizers for crop production. Crop price fluctuations, changing diet of people, suitable weather conditions, improving transportation etc. are the other growth drivers of SOP fertilizer.
Browse Complete Table of Contents at http://www.marketreportsonline.com/295941-toc.html
Many new types of SOP fertilizers are being introduced in the market with additional features. The latest being the example of florial grade sulfate, which is soluble in water and increases the productivity and quality of the crop better than the normal granule SOP. New production mines for potash (e.g. K+S kali legacy project in Canada) are also being set up which will increase the capacity of SOP fertilizer.
Major points from Table of Contents are listed below:
List of Figures
Figure 1: Potash Market Distribution
Figure 2: SOP Priced at a Premium to MOP (US$/Tonne)
Figure 3: Chloride Loving and Chloride Hating Crops
Figure 4: Global SOP Consumption (Volume): 2008 to 2012 (Thousand Tonnes)
Figure 5: Global SOP Consumption Forecast (Volume): 2013 to 2018 (Thousand Tonnes)
Figure 6: Global SOP Consumption (Value): 2008 to 2012 (US$ Billion)
Figure 7: Global SOP Consumption Forecast (Value): 2013 to 2018 (US$ Billion)
Figure 8: SOP Production Capacity by Country in 2012 (Thousand Tonnes)
Figure 9: SOP Production Capacity by Country forecasted for 2016 (Thousand Tonnes)
Figure 10: Growing Population Trend in Different Countries in 2012 (Billion)
Figure 11: Growing Population Trend in Developed and Underdeveloped Countries in 2012 (Billion)
Figure 12: Arable land per Capita for Different Regions: 1977 to 2009 (Hectares)
Figure 13: Global SOP Demand: 2008 to 2012 (Million Tonnes)
Figure 14: Global SOP Demand Forecast: 2013 to 2018 (Million Tonnes)
Figure 15: Global Demand of SOP by Region in 2012 (Thousand Tonnes)
Figure 16: SOP Prices: 2008 to 2012 (US$/Tonne)
Figure 17: SOP Price Forecast: 2013 to 2018 (US$/Tonne)
Figure 18: Global Supply of SOP by Region in 2012 (Thousand Tonnes)
Figure 19: Asia - Demand of SOP: 2008 to 2012 (Thousand Tonnes)
Figure 20: Asia- Demand of SOP Forecast: 2013 to 2018 (Thousand Tonnes)
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