Potash Fertilizers Market Research: Global Current Scenario, Future Analysis and Growth Prospects, 2018-2025: Agrium, SQM, Yara International, PotashCorp, EuroChem, Helm
Pune, India -- (SBWire) -- 08/24/2018 --The global potash fertilizers market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of potash fertilizers market for global, Europe, North America, Asia Pacific and South America.
In the year 2018, EuroChem Group AG a leading global fertilizer company has announced the successful test production of potassium chloride at EuroChem-Usolskiy Potash in the Perm region, Russia.
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Global potash fertilizers market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
Market Analysis:
The global potash fertilizers market is expected to reach USD 31.33 billion by 2025, from USD 21.69 billion in 2017 growing at a CAGR of 4.7% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Major Market Drivers and Restraints:
- Need for higher productivity using limited land area
- Increase in applicability of potash fertilizers
- Need for improvements in pasture production
- Increase in the trend of organic food consumption
- Environmental concerns
Competitive Analysis:
The global potash fertilizers market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of potash fertilizers market for global, Europe, North America, Asia Pacific and South America.
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Market Segmentation:
Based on crop type
- cereals & grains,
- oilseeds & pulses,
- fruits & vegetables and others
On the basis of application method
- broadcasting,
- foliar,
- fertigation
On the basis of form
- liquid,
- solid
Some of the major players operating in the global potash fertilizers market are
- Yara International ASA,
- Agrium Inc.,
- Potash Corporation of Saskatchewan Inc,
- Eurochem Group AG,
- The Mosaic Company,
- JSC Belaruskali,
- HELM AG,
- Israel Chemicals Ltd,
- Sociedad Química Y Minera De Chile S.A. (SQM),
- Borealis AG,
- Sinofert Holdings Limited,
- K+S Aktiengesellschaft,
- Potash corporation,
- Mosaic,
- ICL Ltd,
- Uralkali,
- CF industries,
- Yara International ASA,
- Sociedad Qumica Y Minera De Chile S.A. (SQM),
- Sinofert Holdings Limited, and many more.
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