Potash Fertilizers Market is Prophesied to Reach US$ 48.9 Billion by the end of 2032: Fact.MR

By the end of 2032, the potash fertilisers market, which is currently valued at US$ 28.9 billion, is anticipated to have grown at a CAGR of 5.4%.

It is projected that rising cereal and grain demand will propel market expansion. As more people become aware of the advantages of using liquid potash fertilisers, demand will increase globally. Manufacturers have attractive chances due to the rising global demand for diverse crops.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 – 
https://www.factmr.com/connectus/sample?flag=S&rep_id=684?AS 

𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀

• Yara International Asa
• Agrium Inc.
• Potash Corporation of Saskatchewan Inc
• Eurochem Group AG
• The Mosaic Company
• JSC Belaruskali
• Helm AG
• Israel Chemicals Ltd.
• Sociedad Química Y Minera De Chile S.A. (SQM)
• Borealis AG
• Sinofert Holdings Limited
• K+S Aktiengesellschaft
• PJSC Uralkali, Russia
• Arab Potash Company
• IMI plc
• LESER GmbH and Co. KG.
• Pentair plc
• The Weir Group PLC
• Valvitalia Group SpA
• Velan, Inc.
• Watts Water Technologies Inc

𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀 𝗳𝗿𝗼𝗺 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝘁𝘂𝗱𝘆

• By form, liquid potash fertilizers are projected to provide an absolute $ opportunity of US$ 12.1 billion over the forecast period (2022-2032).
• By crop/application, utilization in cereals & grains is anticipated to create an absolute $ opportunity of US$ 9.2 billion by 2032.
• East Asia is projected to capture around 29.8% of the global potash fertilizers market share by 2032.
• South Asia & Oceania is expected to provide an absolute dollar opportunity of US$ 3.7 billion by 2032-end

Manufacturers faced a lot of supply chain issues during the COVID-19 pandemic which dented the growth of the potash fertilizers market; however, companies have invested more in technologies, especially in enterprise resource management to maintain the day-to-day procurement of raw materials, risk management & compliances, and supply chain operations.

𝗪𝗶𝗻𝗻𝗶𝗻𝗴 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆

Prime manufacturers should focus on production capacity expansion in different countries to minimize export duties, where potash fertilizers have more demand, and tie-up with third-party distributors to cover untapped markets. Market players should opt for sustainable methods to minimize their carbon footprint and increase the efficiency of their production plants, allowing foreign institutional investors to invest more in their firms.

𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵

•  𝗯𝘆 𝗙𝗼𝗿𝗺 :
Solid Potash Fertilizers
Liquid Potash Fertilizers

•  𝗯𝘆 𝗣𝗿𝗼𝗱𝘂𝗰𝘁 𝗧𝘆𝗽𝗲 :
Potassium Chloride
Sulfate of Potash (SOP Fertilizers)
Potassium Nitrate
Others

• 𝗯𝘆 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗧𝗲𝗰𝗵𝗻𝗶𝗾𝘂𝗲 :
Broadcast
Fertigation
Foliar
Others

•  𝗯𝘆 𝗖𝗿𝗼𝗽/𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻 :
Fruits & Vegetables
Oilseeds & pulses
Soybean
Canola
Sunflower
Others (Peas and Palm Oil)
Cereals & Grains
Rice
Corn
Wheat
Barley
Others

•  𝗯𝘆 𝗥𝗲𝗴𝗶𝗼𝗻 :
North America
Latin America
Europe
East Asia
South Asia & Oceania
MEA

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𝗚𝗲𝘁 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗼𝗻 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 𝗳𝗼𝗿 𝗦𝗽𝗲𝗰𝗶𝗳𝗶𝗰 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 –
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