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Global Potash Fertilisers Market: By Form: Solid, Liquid; By Type: Potassium Chloride, Sulphate of Potash (SOP), Potassium nitrate, Others; By Crop Type: Pulses and Oilseeds, Others; By Application; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Potash Fertilisers Market Outlook
The global potash fertilisers market attained a value of nearly USD 24.8 billion in 2020. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 4.48% to reach about USD 32.2 billion by 2026.
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The Asia Pacific to Hold the Largest Market Share For Global Potash Fertilisers Industry
The largest market share was held by the Asia Pacific region, which may be attributed to the high population in the region, which has resulted in rising demand for food grains and improved awareness among farmers about the efficient use of land through fertilisers. Due to an increase in the consumption of vegetable crops that require potash fertilisers to maintain their potassium content, the Asia Pacific is expected to be the fastest-growing region, fueling the expansion of the potassium fertilisers industry in the region.
Production is likely to expand significantly in China and India. Meanwhile, Brazil continues to dominate the Latin America market. Because of the growing demand for higher agricultural yields and productivity, Brazil is forecast to be the largest consumer and producer of potash fertiliser over the forecast period.
Potash Fertilisers: Market Segmentation
Potassium is a critical soil element and one of the most important NPK fertiliser components. Because potassium reacts aggressively to water, it does not exist naturally in the environment. Potassium fertiliser is sometimes referred to as "potash," a phrase that comes from an early manufacturing process in which potassium was purified from wood ashes and concentrated by dissipating the leachate in massive iron pots.
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The major forms of potash fertilisers are:
- Solid
- Liquid
The major types of potash fertilisers are:
- Potassium Chloride
- Sulphate of Potash (SOP)
- Potassium nitrate
- Others
The segmentation based on crop type are:
- Pulses and Oilseeds
- Cereals and Grains
- Fruits and Vegetables
- Others
The market can be broadly categorised on the basis of its applications into:
- Broadcasting
- Foliar
- Fertigation
The EMR report looks into the regional markets of potash fertilisers like North America, the Asia Pacific, Latin America, Europe, and the Middle East and Africa.
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Various Applications of Potash Fertilisers to Augment the Market Growth
Potash fertilisers are used in various crops, including rice, vegetables, fruits, sugar, palm oil, soybeans, and cotton, due to its capacity to increase crop output, productivity, nutrient value, water retention, and disease and pathogen resistance. Furthermore, the application of potash fertiliser improves the soil colour, taste, and texture of food crops, which is the major function of potash fertiliser. This feature has aided the rise of potash fertilisers to a significant extent, particularly in agriculture-driven markets such as India. In addition, the increasing demand for food, along with the rising demand for potash for fertiliser production, is attributed to the considerable growth of the global population. These factors are enhancing the market growth of potash fertilisers.
Key Industry Players in the Global Potash Fertilisers Market
The report presents a detailed analysis of the following key players in the global potash fertilisers market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Nutrien Ltd.
- The Mosaic Company
- Sinofert Holdings Limited
- K+S Aktiengesellschaft
- EuroChem Group AG
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Form, Type, Crop Type, Application, Region |
| Breakup by Form | Solid, Liquid |
| Breakup by Type | Potassium Chloride, Sulphate of Potash (SOP), Potassium nitrate, Others |
| Breakup by Crop Type | Pulses and Oilseeds, Cereals and Grains, Fruits and Vegetables, Others |
| Breakup by Application | Broadcasting, Foliar, Fertigation |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Trade Data Analysis | Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Nutrien Ltd., The Mosaic Company, Sinofert Holdings Limited, K+S Aktiengesellschaft, EuroChem Group AG, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Potash Fertilisers Market Analysis
8.1 Key Industry Highlights
8.2 Global Potash Fertilisers Historical Market (2017-2021)
8.3 Global Potash Fertilisers Market Forecast (2022-2027)
8.4 Global Potash Fertilisers Market by Form
8.4.1 Solid
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Liquid
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.5 Global Potash Fertilisers Market by Type
8.5.1 Potassium Chloride
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Sulphate of Potash (SOP)
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Potassium nitrate
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Others
8.6 Global Potash Fertilisers Market by Crop Type
8.6.1 Pulses and Oilseeds
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Cereals and Grains
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 Fruits and Vegetables
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2021)
8.6.3.3 Forecast Trend (2022-2027)
8.6.4 Others
8.7 Global Potash Fertilisers Market by Application
8.7.1 Broadcasting
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2017-2021)
8.7.1.3 Forecast Trend (2022-2027)
8.7.2 Foliar
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2017-2021)
8.7.2.3 Forecast Trend (2022-2027)
8.7.3 Fertigation
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2017-2021)
8.7.3.3 Forecast Trend (2022-2027)
8.8 Global Potash Fertilisers Market by Region
8.8.1 Market Share
8.8.1.1 North America
8.8.1.2 Europe
8.8.1.3 Asia Pacific
8.8.1.4 Latin America
8.8.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
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 Value Chain Analysis
12 Trade Data Analysis (310420)
12.1 Major Exporting Countries
12.1.1 By Value
12.1.2 By Volume
12.2 Major Importing Countries
12.2.1 By Value
12.2.2 By Volume
13 Price Analysis
13.1 North America Historical Price Trends (2017-2021) and Forecast (2022-2027)
13.2 Europe Historical Price Trends (2017-2021) and Forecast (2022-2027)
13.3 Asia Pacific Historical Price Trends (2017-2021) and Forecast (2022-2027)
13.4 Latin America Historical Price Trends (2017-2021) and Forecast (2022-2027)
13.5 Middle East and Africa Historical Price Trends (2017-2021) and Forecast (2022-2027)
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Nutrien Ltd.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 The Mosaic Company
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Sinofert Holdings Limited
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 K+S Aktiengesellschaft
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 EuroChem Group AG
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Others
15 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
List of Key Figures and Tables
1. Global Potash Fertilisers Market: Key Industry Highlights, 2016 and 2026
2. Global Potash Fertilisers Historical Market: Breakup by Form (USD Billion), 2017-2021
3. Global Potash Fertilisers Market Forecast: Breakup by Form (USD Billion), 2022-2027
4. Global Potash Fertilisers Historical Market: Breakup by Type (USD Billion), 2017-2021
5. Global Potash Fertilisers Market Forecast: Breakup by Type (USD Billion), 2022-2027
6. Global Potash Fertilisers Historical Market: Breakup by Crop Type (USD Billion), 2017-2021
7. Global Potash Fertilisers Market Forecast: Breakup by Crop Type (USD Billion), 2022-2027
8. Global Potash Fertilisers Historical Market: Breakup by Application (USD Billion), 2017-2021
9. Global Potash Fertilisers Market Forecast: Breakup by Application (USD Billion), 2022-2027
10. Global Potash Fertilisers Historical Market: Breakup by Region (USD Billion), 2017-2021
11. Global Potash Fertilisers Market Forecast: Breakup by Region (USD Billion), 2022-2027
12. North America Potash Fertilisers Historical Market: Breakup by Country (USD Billion), 2017-2021
13. North America Potash Fertilisers Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Europe Potash Fertilisers Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Europe Potash Fertilisers Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Asia Pacific Potash Fertilisers Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Asia Pacific Potash Fertilisers Market Forecast: Breakup by Country (USD Billion), 2022-2027
18. Latin America Potash Fertilisers Historical Market: Breakup by Country (USD Billion), 2017-2021
19. Latin America Potash Fertilisers Market Forecast: Breakup by Country (USD Billion), 2022-2027
20. Middle East and Africa Potash Fertilisers Historical Market: Breakup by Country (USD Billion), 2017-2021
21. Middle East and Africa Potash Fertilisers Market Forecast: Breakup by Country (USD Billion), 2022-2027
22. Major Importing Countries by Volume (2020)
23. Major Exporting Countries by Volume (2020)
24. Major Importing Countries by Value (2020)
25. Major Exporting Countries by Value (2020)
26. North America Historical Price Trends and Forecast 2017-2027
27. Europe Historical Price Trends and Forecast 2017-2027
28. Asia Pacific Historical Price Trends and Forecast 2017-2027
29. Latin America Historical Price Trends and Forecast 2017-2027
30. Middle East and Africa Historical Price Trends and Forecast 2017-2027
31. Global Potash Fertilisers Market Structure
Key Questions Answered in the Report
In 2020, the global potash fertilisers market attained a value of nearly USD 24.8 billion in 2020.
The market is projected to grow at a CAGR of 4.48% between 2021 and 2026.
The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach about USD 32.2 billion by 2026.
Major drivers of the market include increasing demand for food, rapid urbanisation, and growing consumer health consciousness.
The market is expected to be defined by the growing technological innovations in the industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant forms of potash fertiliser in the market are solid and liquid.
The various types of potash fertilisers in the industry are potassium chloride, sulphate of potash (SOP), and potassium nitrate, among others.
The various crop types in the market are pulses and oilseeds, cereals and grains, and fruits and vegetables, among others.
The various applications of potash fertilisers include broadcasting, foliar, and fertigation.
The major players in the industry are Nutrien Ltd, The Mosaic Company, Sinofert Holdings Limited, K+S Aktiengesellschaft, and EuroChem Group AG, among others.
Analyst Review
The global potash fertilisers market attained a value of about USD 24.8 billion in 2020, driven by the increasing demand for food. Aided by the rising consumer health consciousness, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 4.48%. The market is projected to reach approximately USD 32.2 billion by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of its form, the market is divided into solid and liquid. Based on its types, the global potash fertilisers industry can be segmented into potassium chloride, sulphate of potash (SOP), and potassium nitrate, among others. On the basis of crop type, the industry is divided into pulses and oilseeds, cereals and grains, and fruits and vegetables, among others. Based on its application, the market is segmented into broadcasting, foliar, and fertigation. The major regional markets for potash fertilisers are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Nutrien Ltd, The Mosaic Company, Sinofert Holdings Limited, K+S Aktiengesellschaft, and EuroChem Group AG, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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