Potassium Chloride Market Growing Demand and Leading Players During the Forecast Period Till 2019-2025

Potassium Chloride Market Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers and the current and future trends.

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Los Angeles, CA -- (SBWire) -- 05/14/2019 --This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Potassium is the third major plant and crop nutrient after nitrogen and phosphorus. Potash is the common name for various mined and manufactured salts that contain potassium. Potassium chloride (KCl) accounts for most of the K used in world agriculture (about 90%). Other widely used K products include potassium sulfate, potassium nitrate, and potassium-magnesium salts. Potassium bearing minerals are mined from underground ore deposits, salt lakes and brines. Then, the ore must be beneficiated and purified using dry and slurry processes. Guichon Valves can supply custom-made valves suitable for such abrasive slurries.

Another potassium fertilizer is potassium sulfate, which is frequently used for crops where additional chloride from more common KCl fertilizer is undesirable. Potassium sulfate can be extracted from the mineral langbeinite or it can be synthetized by treating potassium chloride with sulfuric acid at high temperature. By adding magnesium salts to potassium sulfate, a granular potassium-magnesium compound fertilizer can also be produced.

The global Potassium Chloride market is valued at 12600 million US$ in 2018 is expected to reach 13200 million US$ by the end of 2025, growing at a CAGR of 0.6% during 2019-2025. This report focuses on Potassium Chloride volume and value at global level, regional level and company level. From a global perspective, this report represents overall Potassium Chloride market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

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The following manufacturers are covered:

Nutrien

Uralkali

Mosaic

Belaruskali

Israel Chemicals

QingHai Salt Lake Industry

K+S

SQM

Intrepid Potash

APC

Segment by Regions

North America

Europe

China

Japan

Segment by Type

By Physical Configuration

Powder

Crystal

Big Granule

By Appearance

Red Type

White Type

By Purity

Purity <60%

Purity >60%

Purity =60%

Segment by Application

Fertilizer Applications

Industrial Applications

Pharmaceutical Applications

Other Applications

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