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Global Potash Market Is Expected to Grow at a CAGR of 4.05% over the Period 2014–2019 includes new market research report " Global Potash Market 2015-2019: Global Industry Size, Shares, Growth, Analysis, Trends And Forecast" to its huge collection of research reports.


Albany, NY -- (SBWIRE) -- 07/24/2015 -- Potash is one of the most basic of plant nutrients, along with nitrogen and phosphate. With no direct substitute, potash is widely used in the production of fertilizers. The majority of potash is extracted from ancient underground evaporites. Another source is the brine from landlocked water bodies such as the Dead Sea, which also accounts for a significant share. Potash is also used in the manufacture of plastics, pharmaceuticals, soaps, and fire extinguishers.

Macroeconomic and seasonal factors play an important role in determining global agricultural output and consumption of fertilizers. Any demand-supply fluctuation, coupled with the effect of taxation, can impact the global market. The market has traditionally been highly oligopolistic in nature with the presence of two cartels, one based at North America and the other in Europe. Developments of late have radically changed the structure of the market and the nature of competition.

Environmental regulations also play a key role in the growth of this market. Stringent environmental regulations have had an adverse effect on fertilizer manufacturers. In addition to shrinking margins, vendors also have to deal with indirect substitutes. Technavios analysts forecast the global potash market to grow at a CAGR of 4.05%, by volume, over the period 2014-2019.

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Technavio's report, Global Potash Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes a comprehensive discussion on the market, segmented by geography; it also provides an extensive coverage on various applications and end-uses, considering both the existing market landscape and its growth prospects in the coming years. The report further includes a discussion on the key vendors operating in this market and a comment on the vendors product portfolios.

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Key Regions:
North America

Market Driver:
Growing Demand for Biofuels
For a full, detailed list, view our report

Market Challenge:
Falling Prices of Potash
For a full, detailed list, view our report

Market Trend:
Increase in Cross-Border Investments and Joint Ventures
For a full, detailed list, view our report

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Key Questions Answered in this Report:
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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