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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 (2018-2028); 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 2023-2028 at a CAGR of 4.48% to reach about USD 32.2 billion by 2026.

 

Global Potash Fertilisers Market
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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.

 

Global Potash Fertilisers Market by Segment

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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.

 

Global Potash Fertilisers Market by Region

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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 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- 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.

 

*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    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Potash Fertilisers Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Potash Fertilisers Historical Market (2018-2022) 
    8.3    Global Potash Fertilisers Market Forecast (2023-2028)
    8.4    Global Potash Fertilisers Market by Form
        8.4.1    Solid
            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    Liquid
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
    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 (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Sulphate of Potash (SOP)
            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 nitrate
            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    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 (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    Global Potash Fertilisers 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)    
    8.8    Global Potash Fertilisers Market by Region
        8.8.1    North America
            8.8.1.1    Market Share
            8.8.1.2    Historical Trend (2018-2022) 
            8.8.1.3    Forecast Trend (2023-2028)
        8.8.2    Europe
            8.8.2.1    Market Share
            8.8.2.2    Historical Trend (2018-2022) 
            8.8.2.3    Forecast Trend (2023-2028)
        8.8.3    Asia Pacific
            8.8.3.1    Market Share
            8.8.3.2    Historical Trend (2018-2022) 
            8.8.3.3    Forecast Trend (2023-2028)
        8.8.4    Latin America
            8.8.4.1    Market Share
            8.8.4.2    Historical Trend (2018-2022) 
            8.8.4.3    Forecast Trend (2023-2028)
        8.8.5    Middle East and Africa
            8.8.5.1    Market Share
            8.8.5.2    Historical Trend (2018-2022) 
            8.8.5.3    Forecast Trend (2023-2028)
9    North America Potash Fertilisers Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe Potash Fertilisers Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Potash Fertilisers Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Potash Fertilisers Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East  and Africa Potash Fertilisers Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Trade Data Analysis (HS Code- 310420)

    16.1    Major Importing Countries
        16.1.1    By Volume
        16.1.2    By Value
    16.2    Major Exporting Countries
        16.2.1    By Volume
        16.2.2    By Value
17    Price  Analysis
    17.1    North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
    17.2    Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
    17.3    Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
    17.4    Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
    17.5    Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
18    Competitive Landscape
    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    Nutrien Ltd.
            18.2.1.1    Company Overview
            18.2.1.2    Product Portfolio
            18.2.1.3    Demographic Reach and Achievements
            18.2.1.4    Certifications
        18.2.2    The Mosaic Company
            18.2.2.1    Company Overview
            18.2.2.2    Product Portfolio
            18.2.2.3    Demographic Reach and Achievements
            18.2.2.4    Certifications
        18.2.3    Sinofert Holdings Limited
            18.2.3.1    Company Overview
            18.2.3.2    Product Portfolio
            18.2.3.3    Demographic Reach and Achievements
            18.2.3.4    Certifications
        18.2.4    K+S Aktiengesellschaft
            18.2.4.1    Company Overview
            18.2.4.2    Product Portfolio
            18.2.4.3    Demographic Reach and Achievements
            18.2.4.4    Certifications
        18.2.5    EuroChem Group AG
            18.2.5.1    Company Overview
            18.2.5.2    Product Portfolio
            18.2.5.3    Demographic Reach and Achievements
            18.2.5.4    Certifications
        18.2.6    Others
19    Key Trends and Developments in the Market

 

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, 2018 and 2028
2.    Global Potash Fertilisers Historical Market: Breakup by Form (USD Billion), 2018-2022
3.    Global Potash Fertilisers Market Forecast: Breakup by Form (USD Billion), 2023-2028
4.    Global Potash Fertilisers Historical Market: Breakup by Type (USD Billion), 2018-2022
5.    Global Potash Fertilisers Market Forecast: Breakup by Type (USD Billion), 2023-2028
6.    Global Potash Fertilisers Historical Market: Breakup by Crop Type (USD Billion), 2018-2022
7.    Global Potash Fertilisers Market Forecast: Breakup by Crop Type (USD Billion), 2023-2028
8.    Global Potash Fertilisers Historical Market: Breakup by Application (USD Billion), 2018-2022
9.    Global Potash Fertilisers Market Forecast: Breakup by Application (USD Billion), 2023-2028
10.    Global Potash Fertilisers Historical Market: Breakup by Region (USD Billion), 2018-2022
11.    Global Potash Fertilisers Market Forecast: Breakup by Region (USD Billion), 2023-2028
12.    North America Potash Fertilisers Historical Market: Breakup by Country (USD Billion), 2018-2022
13.    North America Potash Fertilisers Market Forecast: Breakup by Country (USD Billion), 2023-2028
14.    Europe Potash Fertilisers Historical Market: Breakup by Country (USD Billion), 2018-2022
15.    Europe Potash Fertilisers Market Forecast: Breakup by Country (USD Billion), 2023-2028
16.    Asia Pacific Potash Fertilisers Historical Market: Breakup by Country (USD Billion), 2018-2022
17.    Asia Pacific Potash Fertilisers Market Forecast: Breakup by Country (USD Billion), 2023-2028
18.    Latin America Potash Fertilisers Historical Market: Breakup by Country (USD Billion), 2018-2022
19.    Latin America Potash Fertilisers Market Forecast: Breakup by Country (USD Billion), 2023-2028
20.    Middle East and Africa Potash Fertilisers Historical Market: Breakup by Country (USD Billion), 2018-2022
21.    Middle East and Africa Potash Fertilisers Market Forecast: Breakup by Country (USD Billion), 2023-2028
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 2018-2028
27.    Europe Historical Price Trends and Forecast 2018-2028
28.    Asia Pacific Historical Price Trends and Forecast 2018-2028
29.    Latin America Historical Price Trends and Forecast 2018-2028
30.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
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 2023-2028 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 2023-2028, 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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