The global potash fertilizer market is anticipated to grow at a considerable CAGR of 4.6% during the forecast period. The government of various countries is increasing their initiatives to promote potash fertilizers under agricultural schemes. The Indian company has initiated a National Project on Soil Health and Fertility to promote judicious and balanced fertilizer applications in conjunction with organic fertilizers based on soil testing. As India is the largest producer of crops such as vegetables and fruits, demand for potash fertilizers will remain significant in the country.
Browse the full report description of “Global Potash Fertilizer Market Size, Share & Trends Analysis Report by Type (Muriate of Potash, Sulfate of Potash, Nitrate of potash, and Permanganate of potash), By Application (Grains and Cereals, Pulses and Oilseeds, Commercial Crops, Fruits and Vegetables, and Others) Forecast Period 2022-2028” at https://www.omrglobal.com/industry-reports/potash-fertilizer-market
Rising acquisitions, product approval, collaborations among the major players in the market also propel the growth of the market. For instance, in June 2021, Nutrien Ltd announced to increase potash production by approximately half a million tonnes. The company's flexible production network and broad logistics are designed to provide consistent supply, and they have a unique ability to adapt to changing market conditions. In addition, the company's potash asset portfolio is optimally positioned to meet customer needs and drive shareholder value wherein Nutrien will be actively hiring additional employees and adapting its resources to help increase production across most of its potash mines.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Application
• Regions Covered
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Nutrien Ltd, The Mosaic Co, ICL Group, Uralkali PJSC, and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Potash Fertilizer Market Report by Segment
By Type
• Muriate of Potash
• Sulfate of Potash
• Nitrate of potash
• Permanganate of potash
By Application
• Grains and Cereals
• Pulses and Oilseeds
• Commercial Crops
• Fruits and Vegetables
• Others
Global Potash Fertilizer Market Report by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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