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North America Liquid Potassium Fertilizers Market Share, Size, Trends, Analysis, Forecast: By Type: Organic, Synthetics; By Composition: Potassium Chloride, Potassium Hydroxide, Potassium Thiosulfate, Others; By Crop Type: Pulses and Oilseeds, Cereals and Grains, Others; By Application; Regional Analysis; Competitive Landscape; 2023-2028

North America Liquid Potassium Fertilizers Market Others

The North America liquid potassium fertilizers market size reached a volume of 2.36 MMT in 2021. During the forecast period of between 2023 and 2028, the market is expected to grow at a CAGR of 1.60% to reach a volume of around 2.61 MMT by 2027.

 

Key Trends in the Market

Liquid potassium fertilizers were created specifically for to give plants the nutrients they need during the initial phases of growth. These fertilizers can help with a plant's growth and general health and are frequently applied when seeding or transplanting new plants. Liquid potassium fertilizers come in a wide variety of forms, but all of them serve the same purpose: to give plants a good start.

 

  • The market for liquid potassium fertilizers in North America is anticipated to be driven by a number of factors, including increasing farmer awareness of soil profile and nutritional balance, growing popularity of commercial agricultural, low-cost fertilizer manufacture, and rising agrochemical demand. Additionally, a greater requirement to boost productivity, close yield, and fertilizer intensity will support the market's rate of expansion.
  • The North America liquid potassium fertilizers market is expanding as a result of rising demand for crop nutrition and growing knowledge of the need of nutrients for early plant development. In order to meet the increasing demand for food on the limited amount of arable land available, farmers and growing communities are moving toward more precise and protected farming. Liquid potassium fertilizers have become a crucial component in this regard as the emphasis increases on encouraging plant growth from the earliest stages.
  • Changing dietary preferences of consumers, rapid urbanisation, rising technological advancements in the agriculture sector, and growing farmer awareness of the advantages of employing liquid potassium fertilizers are boosting the market growth. Growing agricultural standards in the North America region will therefore present a plethora of prospects for the market for liquid potassium fertilizers.

 

North America Liquid Potassium Fertilizers Market Analysis

Based on type, the market is segmented into organic and synthetics. The market on the basis of composition can be divided into potassium chloride, potassium hydroxide, and potassium thiosulfate, among others. On the basis of crop type, the market can be segmented into pulses and oilseeds, cereals and grains, and fruits and vegetables, among others. Based on application, the North America liquid potassium fertilizers market is categorised into broadcasting, foliar, and fertigation, among others. The major countries in the liquid potassium fertilizers market in North America are the United States, Canada, and Mexico.

 

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the North America liquid potassium fertilizers market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.  

 

  • The Mosaic Company
  • Koch Industries, Inc.
  • AgroLiquid
  • Oxiteno
  • Nutrein
  • Nufarm
  • Nachurs Alpine Solutions, LLC,
  • Others

 

Market Share by Crop Type

In the span of the forecast period, the North America liquid potassium fertilizers market is anticipated to be dominated by the fruits and vegetable segment. Fruit consumption has significantly increased in the past few years, and it is predicted that this trend will continue in the coming years.

 

Increasing fruit and vegetable exports have boosted agricultural plantation area, which has resulted in higher output levels. As a result, it is projected that the market for liquid potassium fertilizers and pesticides for fruits and vegetables will grow significantly. In addition, consumers' increased concern for their health is driving up demand for fruits and vegetables, which is in turn driving up demand for liquid potassium fertilizers in North America.

 

Market Share by Application

Fertigation is anticipated to account for a significant portion of the North America liquid potassium fertilizers market due to its many advantages. It is a lucrative farming method that uses irrigation to apply fertilizer and water. The fertigation process minimises product waste by effectively distributing fluid nutrients to the crop's roots. 

 

Additionally, the development of sophisticated administrative systems effectively manage the fertigated agricultural area and reduce operational expenses through the effective use of liquid fertilizers. The entire process presents a valuable potential to improve land productivity while reducing environmental pollutants. The need for such techniques is growing as a result of increased focus by governments in the region and public awareness, driving the market growth for fertigation during the upcoming period. 

 

Competitive Landscape

The Mosaic Company is a leader in the global crop nutrition market founded in 2004 with its headquarters in Florida in the United States. It has the capacity to mass produce and transport phosphate and potash, two essential agricultural fertilizers. From resource extraction to the creation of feed, industrial goods, and crop nutrients for customers around the world, Mosaic is involved in every stage of crop nutrition.

 

Koch Industries, Inc., with corporate headquarters in Kansas, United States, has been active in a number of sectors, including fertilizers, refining, minerals, chemicals and biofuels, forest and consumer products, energy, polymers and fibres, process and pollution control equipment and technologies, information systems, commodity trading, glass, ranching, and investments. The company was established in 1940.

 

AgroLiquid is a fertilizer business that is focused on research. It was founded in 1983 and has its headquarters in Michigan in the United States. It produces plant nutrition products and offers top-notch support to crop operations—large and small—all over the United States and the rest of the world. 

 

Other market players include Oxiteno, Nutrein, Nufarm, and Nachurs Alpine Solutions, LLC, among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Composition
  • Crop Type
  • Application
  • Region
Breakup by Type
  • Organic
  • Synthetics
Breakup by Composition
  • Potassium Chloride
  • Potassium Hydroxide
  • Potassium Thiosulfate
  • Others
Breakup by Crop Type
  • Pulses and Oilseeds
  • Cereals and Grains
  • Fruits and Vegetables
  • Others
Breakup by Application
  • Broadcasting
  • Foliar
  • Fertigation
  • Others
Breakup by Region
  • United States
  • Canada
  • Mexico
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • The Mosaic Company
  • Koch Industries, Inc.
  • AgroLiquid
  • Oxiteno
  • Nutrein
  • Nufarm
  • Nachurs Alpine Solutions, LLC,
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers    
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
7    Opportunities and Challenges in the Market
8    North America Liquid Potassium Fertilizers Market Analysis

    8.1    Key Industry Highlights
    8.2    North America Liquid Potassium Fertilizers Historical Market (2018-2022) 
    8.3    North America Liquid Potassium Fertilizers Market Forecast (2023-2028)
    8.4    North America Liquid Potassium Fertilizers Market by Type
        8.4.1    Organic
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Synthetics
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
    8.5    North America Liquid Potassium Fertilizers Market by Composition
        8.5.1    Potassium Chloride
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Potassium Hydroxide
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Potassium Thiosulfate
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Others
    8.6    North America Liquid Potassium Fertilizers Market by Crop Type
        8.6.1    Pulses and Oilseeds
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Cereals and Grains
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
        8.6.3    Fruits and Vegetables
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2022)
            8.6.3.3    Forecast Trend (2023-2028)
        8.6.4    Others
    8.7    North America Liquid Potassium Fertilizers Market by Application 
        8.7.1    Broadcasting
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2022)
            8.7.1.3    Forecast Trend (2023-2028)
        8.7.2    Foliar
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2022)
            8.7.2.3    Forecast Trend (2023-2028)
        8.7.3    Fertigation
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2022)
            8.7.3.3    Forecast Trend (2023-2028)
        8.7.4    Others
    8.8    North America Liquid Potassium Fertilizers Market by Country
        8.8.1    Market Share
            8.8.1.1    United States
            8.8.1.2    Canada
            8.8.1.3    Mexico
9    Regional Analysis
    9.1    United States
        9.1.1    Historical Trend (2018-2022) 
        9.1.2    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Historical Trend (2018-2022) 
        9.2.2    Forecast Trend (2023-2028)
    9.3    Mexico
        9.3.1    Historical Trend (2018-2022) 
        9.3.2    Forecast Trend (2023-2028)
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Competitive Landscape
    11.1    Market Structure
    11.2    Company Profiles
        11.2.1    The Mosaic Company
            11.2.1.1    Company Overview
            11.2.1.2    Product Portfolio
            11.2.1.3    Demographic Reach and Achievements
            11.2.1.4    Certifications
        11.2.2    Koch Industries, Inc.
            11.2.2.1    Company Overview
            11.2.2.2    Product Portfolio
            11.2.2.3    Demographic Reach and Achievements
            11.2.2.4    Certifications
        11.2.3    AgroLiquid
            11.2.3.1    Company Overview
            11.2.3.2    Product Portfolio
            11.2.3.3    Demographic Reach and Achievements
            11.2.3.4    Certifications
        11.2.4    Oxiteno
            11.2.4.1    Company Overview
            11.2.4.2    Product Portfolio
            11.2.4.3    Demographic Reach and Achievements
            11.2.4.4    Certifications
        11.2.5    Nutrein
            11.2.5.1    Company Overview
            11.2.5.2    Product Portfolio
            11.2.5.3    Demographic Reach and Achievements
            11.2.5.4    Certifications
        11.2.6    Nufarm
            11.2.6.1    Company Overview
            11.2.6.2    Product Portfolio
            11.2.6.3    Demographic Reach and Achievements
            11.2.6.4    Certifications
        11.2.7    Nachurs Alpine Solutions, LLC,
            11.2.7.1    Company Overview
            11.2.7.2    Product Portfolio
            11.2.7.3    Demographic Reach and Achievements
            11.2.7.4    Certifications
        11.2.8    Others
12    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    North America Liquid Potassium Fertilizers Market: Key Industry Highlights, 2018 and 2028
2.    North America Liquid Potassium Fertilizers Historical Market: Breakup by Type (KMT), 2018-2022
3.    North America Liquid Potassium Fertilizers Market Forecast: Breakup by Type (KMT), 2023-2028
4.    North America Liquid Potassium Fertilizers Historical Market: Breakup by Composition (KMT), 2018-2022
5.    North America Liquid Potassium Fertilizers Market Forecast: Breakup by Composition (KMT), 2023-2028
6.    North America Liquid Potassium Fertilizers Historical Market: Breakup by Crop Type (KMT), 2018-2022
7.    North America Liquid Potassium Fertilizers Market Forecast: Breakup by Crop Type (KMT), 2023-2028
8.    North America Liquid Potassium Fertilizers Historical Market: Breakup by Application (KMT), 2018-2022
9.    North America Liquid Potassium Fertilizers Market Forecast: Breakup by Application (KMT), 2023-2028
10.    North America Liquid Potassium Fertilizers Historical Market: Breakup by Country (KMT), 2018-2022
11.    North America Liquid Potassium Fertilizers Market Forecast: Breakup by Country (KMT), 2023-2028
12.    North America Liquid Potassium Fertilizers Market Structure

Key Questions Answered in the Report

In 2021, the liquid potassium fertilizers market in North America attained a volume of nearly 2.36 MMT.

The market is projected to grow at a CAGR of 1.60% between 2023 and 2028.

The North America liquid potassium fertilizers market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach 2.61 MMT by 2027.

The major drivers of the market include low-cost fertilizer production, rising demand for agrochemicals, increasing demand for crop nutrition, increasing awareness among farmers about the benefits of using liquid potassium fertilizers, and increased demand for crops such as corn and wheat, among others.

The rising farmer knowledge of soil profile, changes in dietary patterns, and growing popularity of commercial agriculture are the key industry trends propelling the growth of the market.

The major players in the industry are The Mosaic Company, Koch Industries, Inc., AgroLiquid, Oxiteno, Nutrein, Nufarm, and Nachurs Alpine Solutions, LLC, among others.

Kelp is a good source of potassium in liquid fertilizers since it has 4% to 13% potassium by weight.

Liquid potash, which is high in potassium, is suited for fruiting plants including citrus and tomatoes, and flowers. It provides potassium in a form that is simple for plants to absorb, can be applied to both soil and leaves, and delivers benefits quickly.

The primary types of liquid potassium fertilizers in North America are organic and synthetics.

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