Potash Fertilizers Market, by Product Type (Potassium Nitrate, Sulphate of Potash, and Potassium Chloride), by Composition (Organic and Inorganic), by Form (Solid and Liquid Soluble Powder), by Crop Type (Oil seeds & Pulses (Soybean, Canola, Sunflower, and Others (Peas and Palm Oil)), Fruits & Vegetables (Apples, Tomatoes, Citrus, and Others (Brassica and Berry)), Cereals & Grains (Rice, Corn, Wheat, and Barley), and Others (Sugarcane, Sugar beet, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Potash fertilizers are amongst one of the most widely used chemical fertilizers around the world. Major types of potash fertilizers include Potassium Nitrate, Sulphate of Potash, and Potassium Chloride, which plays an essential role in the growth of crops, by providing them with essential nutrients for protein and starch synthesis reaction.
Global potash fertilizers market is driven by increasing usage of potash fertilizers in agricultural crops such as oil seeds & pulses, fruits & vegetables, as well as cereals & grains. For instance, according to the article published by World Bank, the total consumption of fertilizer reached 140,553 Kg/ha of arable land in 2016, as compared to 138,958 Kg/ha of arable land in 2014.
Market Dynamics
North America potash fertilizer market growth is mainly driven by major market players and their strategies such as mergers and acquisitions, product launches, and partnerships with fertilizer manufacturers. For instance, in 2016, Compass Minerals launched Protassium+ Organic. It is an organic sulphate of potash (SOP), which offers high potassium and plant-available sulphate sulfur. This product is approved for organic food production by various organization such as the Organic Materials Review Institute (OMRI), California Department of Food and Agriculture (CDFA), and USDA National Organic Standards Board (NOSB).
Latin America is one of the major consumer of potash fertilizers due to the presence of emerging economies such as Argentina and Brazil among others. The rising population in the region has resulted in need to increase agricultural yield from available farmland. For instance, according to the World Bank data, the population of Brazil and Argentina is expected to grow at a rate of 0.8% and 1.0%, respectively in the forecast period till 2030. The fertilizer consumption per hectare in Argentina and Brazil was pegged at 36.0 kg/ha and 175.2 kg/ha, respectively in 2021.
Key features of the study:
This report provides in-depth analysis of potash fertilizers market ,market size (US$ Billion and Kilo Tons), and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the global potash fertilizers market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Israel Chemicals Ltd., EuroChem Group A.G., Agrium Inc., Uralkali PJSC, Yara International A.S.A., Migao Corporation, Sesoda Corporation, SQM S.A., Brazil Potash Corporation, and K+S KALI GmbH.
Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
The global potash fertilizers market report caters to various stakeholders in this industry including investors, suppliers, potash fertilizers manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global potash fertilizers market
Detailed Segmentation:
Global Potash Fertilizers Market, By Product Type:
Potassium Chloride
Potassium Nitrate
Sulphate of Potash
Global Potash Fertilizers Market, By Composition:
Organic
Inorganic
Global Potash Fertilizers Market, By Form:
Solid
Liquid Soluble Powder
Global Potash Fertilizers Market, By Crop Type:
Oil Seeds & Pulses
Soybean
Canola
Sunflower
Others (Peas and Palm Oil)
Fruits & Vegetables
Apples
Tomatoes
Citrus
Others (Brassica and Berry)
Cereals & Grains
Rice
Corn
Wheat
Barley
Others (Sugarcane, Sugar beet, etc.)
North America
U.S.
By Product Type:
Potassium Chloride
Potassium Nitrate
Sulphate of Potash
By Composition:
Organic
Inorganic
By Form:
Solid
Liquid Soluble Powder
By Crop Type:
Oil Seeds & Pulses
Soybean
Canola
Sunflower
Others (Peas and Palm Oil)
Fruits & Vegetables
Apples
Tomatoes
Citrus
Others (Brassica and Berry)
Cereals & Grains
Rice
Corn
Wheat
Barley
Others (Sugarcane, Sugar beet, Pharmaceuticals, and Others)
Canada
By Product Type:
Potassium Chloride
Potassium Nitrate
Sulphate of Potash
By Composition:
Organic
Inorganic
By Form:
Solid
Liquid Soluble Powder
By Crop Type:
Oil Seeds & Pulses
Soybean
Canola
Sunflower
Others (Peas and Palm Oil)
Fruits & Vegetables
Apples
Tomatoes
Citrus
Others (Brassica and Berry)
Cereals & Grains
Rice
Corn
Wheat
Barley
Others (Sugarcane, Sugar beet, Pharmaceuticals, and Others)
Europe
U.K.
By Product Type:
Potassium Chloride
Potassium Nitrate
Sulphate of Potash
By Composition:
Organic
Inorganic
By Form:
Solid
Liquid Soluble Powder
By Crop Type:
Oil Seeds & Pulses
Soybean
Canola
Sunflower
Others (Peas and Palm Oil)
Fruits & Vegetables
Apples
Tomatoes
Citrus
Others (Brassica and Berry)
Cereals & Grains
Rice
Corn
Wheat
Barley
Others (Sugarcane, Sugar beet, Pharmaceuticals, and Others)
Germany
By Product Type:
Potassium Chloride
Potassium Nitrate
Sulphate of Potash
By Composition:
Organic
Inorganic
By Form:
Solid
Liquid Soluble Powder
By Crop Type:
Oil Seeds & Pulses
Soybean
Canola
Sunflower
Others (Peas and Palm Oil)
Fruits & Vegetables
Apples
Tomatoes
Citrus
Others (Brassica and Berry)
Cereals & Grains
Rice
Corn
Wheat
Barley
Others (Sugarcane, Sugar beet, Pharmaceuticals, and Others)
Italy
By Product Type:
Potassium Chloride
Potassium Nitrate
Sulphate of Potash
By Composition:
Organic
Inorganic
By Form:
Solid
Liquid Soluble Powder
By Crop Type:
Oil Seeds & Pulses
Soybean
Canola
Sunflower
Others (Peas and Palm Oil)
Fruits & Vegetables
Apples
Tomatoes
Citrus
Others (Brassica and Berry)
Cereals & Grains
Rice
Corn
Wheat
Barley
Others (Sugarcane, Sugar beet, Pharmaceuticals, and Others)
France
By Product Type:
Potassium Chloride
Potassium Nitrate
Sulphate of Potash
By Composition:
Organic
Inorganic
By Form:
Solid
Liquid Soluble Powder
By Crop Type:
Oil Seeds & Pulses
Soybean
Canola
Sunflower
Others (Peas and Palm Oil)
Fruits & Vegetables
Apples
Tomatoes
Citrus
Others (Brassica and Berry)
Cereals & Grains
Rice
Corn
Wheat
Barley
Others (Sugarcane, Sugar beet, Pharmaceuticals, and Others)
Russia
By Product Type:
Potassium Chloride
Potassium Nitrate
Sulphate of Potash
By Composition:
Organic
Inorganic
By Form:
Solid
Liquid Soluble Powder
By Crop Type:
Oil Seeds & Pulses
Soybean
Canola
Sunflower
Others (Peas and Palm Oil)
Fruits & Vegetables
Apples
Tomatoes
Citrus
Others (Brassica and Berry)
Cereals & Grains
Rice
Corn
Wheat
Barley
Others (Sugarcane, Sugar beet, Pharmaceuticals, and Others)
Rest of Europe
By Product Type:
Potassium Chloride
Potassium Nitrate
Sulphate of Potash
By Composition:
Organic
Inorganic
By Form:
Solid
Liquid Soluble Powder
By Crop Type:
Oil Seeds & Pulses
Soybean
Canola
Sunflower
Others (Peas and Palm Oil)
Fruits & Vegetables
Apples
Tomatoes
Citrus
Others (Brassica and Berry)
Cereals & Grains
Rice
Corn
Wheat
Barley
Others (Sugarcane, Sugar beet, Pharmaceuticals, and Others)
Asia Pacific
China
By Product Type:
Potassium Chloride
Potassium Nitrate
Sulphate of Potash
By Composition:
Organic
Inorganic
By Form:
Solid
Liquid Soluble Powder
By Crop Type:
Oil Seeds & Pulses
Soybean
Canola
Sunflower
Others (Peas and Palm Oil)
Fruits & Vegetables
Apples
Tomatoes
Citrus
Others (Brassica and Berry)
Cereals & Grains
Rice
Corn
Wheat
Barley
Others (Sugarcane, Sugar beet, Pharmaceuticals, and Others)
India
By Product Type:
Potassium Chloride
Potassium Nitrate
Sulphate of Potash
By Composition:
Organic
Inorganic
By Form:
Solid
Liquid Soluble Powder
By Crop Type:
Oil Seeds & Pulses
Soybean
Canola
Sunflower
Others (Peas and Palm Oil)
Fruits & Vegetables
Apples
Tomatoes
Citrus
Others (Brassica and Berry)
Cereals & Grains
Rice
Corn
Wheat
Barley
Others (Sugarcane, Sugar beet, Pharmaceuticals, and Others)
Japan
By Product Type:
Potassium Chloride
Potassium Nitrate
Sulphate of Potash
By Composition:
Organic
Inorganic
By Form:
Solid
Liquid Soluble Powder
By Crop Type:
Oil Seeds & Pulses
Soybean
Canola
Sunflower
Others (Peas and Palm Oil)
Fruits & Vegetables
Apples
Tomatoes
Citrus
Others (Brassica and Berry)
Cereals & Grains
Rice
Corn
Wheat
Barley
Others (Sugarcane, Sugar beet, Pharmaceuticals, and Others)
ASEAN
By Product Type:
Potassium Chloride
Potassium Nitrate
Sulphate of Potash
By Composition:
Organic
Inorganic
By Form:
Solid
Liquid Soluble Powder
By Crop Type:
Oil Seeds & Pulses
Soybean
Canola
Sunflower
Others (Peas and Palm Oil)
Fruits & Vegetables
Apples
Tomatoes
Citrus
Others (Brassica and Berry)
Cereals & Grains
Rice
Corn
Wheat
Barley
Others (Sugarcane, Sugar beet, Pharmaceuticals, and Others)
Australia
By Product Type:
Potassium Chloride
Potassium Nitrate
Sulphate of Potash
By Composition:
Organic
Inorganic
By Form:
Solid
Liquid Soluble Powder
By Crop Type:
Oil Seeds & Pulses
Soybean
Canola
Sunflower
Others (Peas and Palm Oil)
Fruits & Vegetables
Apples
Tomatoes
Citrus
Others (Brassica and Berry)
Cereals & Grains
Rice
Corn
Wheat
Barley
Others (Sugarcane, Sugar beet, Pharmaceuticals, and Others)
South Korea
By Product Type:
Potassium Chloride
Potassium Nitrate
Sulphate of Potash
By Composition:
Organic
Inorganic
By Form:
Solid
Liquid Soluble Powder
By Crop Type:
Oil Seeds & Pulses
Soybean
Canola
Sunflower
Others (Peas and Palm Oil)
Fruits & Vegetables
Apples
Tomatoes
Citrus
Others (Brassica and Berry)
Cereals & Grains
Rice
Corn
Wheat
Barley
Others (Sugarcane, Sugar beet, Pharmaceuticals, and Others)
Rest of Asia Pacific
By Product Type:
Potassium Chloride
Potassium Nitrate
Sulphate of Potash
By Composition:
Organic
Inorganic
By Form:
Solid
Liquid Soluble Powder
By Crop Type:
Oil Seeds & Pulses
Soybean
Canola
Sunflower
Others (Peas and Palm Oil)
Fruits & Vegetables
Apples
Tomatoes
Citrus
Others (Brassica and Berry)
Cereals & Grains
Rice
Corn
Wheat
Barley
Others (Sugarcane, Sugar beet, Pharmaceuticals, and Others)
Latin America
Brazil
By Product Type:
Potassium Chloride
Potassium Nitrate
Sulphate of Potash
By Composition:
Organic
Inorganic
By Form:
Solid
Liquid Soluble Powder
By Crop Type:
Oil Seeds & Pulses
Soybean
Canola
Sunflower
Others (Peas and Palm Oil)
Fruits & Vegetables
Apples
Tomatoes
Citrus
Others (Brassica and Berry)
Cereals & Grains
Rice
Corn
Wheat
Barley
Others (Sugarcane, Sugar beet, Pharmaceuticals, and Others)
Mexico
By Product Type:
Potassium Chloride
Potassium Nitrate
Sulphate of Potash
By Composition:
Organic
Inorganic
By Form:
Solid
Liquid Soluble Powder
By Crop Type:
Oil Seeds & Pulses
Soybean
Canola
Sunflower
Others (Peas and Palm Oil)
Fruits & Vegetables
Apples
Tomatoes
Citrus
Others (Brassica and Berry)
Cereals & Grains
Rice
Corn
Wheat
Barley
Others (Sugarcane, Sugar beet, Pharmaceuticals, and Others)
Rest of Latin America
By Product Type:
Potassium Chloride
Potassium Nitrate
Sulphate of Potash
By Composition:
Organic
Inorganic
By Form:
Solid
Liquid Soluble Powder
By Crop Type:
Oil Seeds & Pulses
Soybean
Canola
Sunflower
Others (Peas and Palm Oil)
Fruits & Vegetables
Apples
Tomatoes
Citrus
Others (Brassica and Berry)
Cereals & Grains
Rice
Corn
Wheat
Barley
Others (Sugarcane, Sugar beet, Pharmaceuticals, and Others)
Middle East
GCC
By Product Type:
Potassium Chloride
Potassium Nitrate
Sulphate of Potash
By Composition:
Organic
Inorganic
By Form:
Solid
Liquid Soluble Powder
By Crop Type:
Oil Seeds & Pulses
Soybean
Canola
Sunflower
Others (Peas and Palm Oil)
Fruits & Vegetables
Apples
Tomatoes
Citrus
Others (Brassica and Berry)
Cereals & Grains
Rice
Corn
Wheat
Barley
Others (Sugarcane, Sugar beet, Pharmaceuticals, and Others)
Israel
By Product Type:
Potassium Chloride
Potassium Nitrate
Sulphate of Potash
By Composition:
Organic
Inorganic
By Form:
Solid
Liquid Soluble Powder
By Crop Type:
Oil Seeds & Pulses
Soybean
Canola
Sunflower
Others (Peas and Palm Oil)
Fruits & Vegetables
Apples
Tomatoes
Citrus
Others (Brassica and Berry)
Cereals & Grains
Rice
Corn
Wheat
Barley
Others (Sugarcane, Sugar beet, Pharmaceuticals, and Others)
Rest of Middle East
By Product Type:
Potassium Chloride
Potassium Nitrate
Sulphate of Potash
By Composition:
Organic
Inorganic
By Form:
Solid
Liquid Soluble Powder
By Crop Type:
Oil Seeds & Pulses
Soybean
Canola
Sunflower
Others (Peas and Palm Oil)
Fruits & Vegetables
Apples
Tomatoes
Citrus
Others (Brassica and Berry)
Cereals & Grains
Rice
Corn
Wheat
Barley
Others (Sugarcane, Sugar beet, Pharmaceuticals, and Others)
Africa
North Africa
By Product Type:
Potassium Chloride
Potassium Nitrate
Sulphate of Potash
By Composition:
Organic
Inorganic
By Form:
Solid
Liquid Soluble Powder
By Crop Type:
Oil Seeds & Pulses
Soybean
Canola
Sunflower
Others (Peas and Palm Oil)
Fruits & Vegetables
Apples
Tomatoes
Citrus
Others (Brassica and Berry)
Cereals & Grains
Rice
Corn
Wheat
Barley
Others (Sugarcane, Sugar beet, Pharmaceuticals, and Others)
Central Africa
By Product Type:
Potassium Chloride
Potassium Nitrate
Sulphate of Potash
By Composition:
Organic
Inorganic
By Form:
Solid
Liquid Soluble Powder
By Crop Type:
Oil Seeds & Pulses
Soybean
Canola
Sunflower
Others (Peas and Palm Oil)
Fruits & Vegetables
Apples
Tomatoes
Citrus
Others (Brassica and Berry)
Cereals & Grains
Rice
Corn
Wheat
Barley
Others (Sugarcane, Sugar beet, Pharmaceuticals, and Others)
South Africa
By Product Type:
Potassium Chloride
Potassium Nitrate
Sulphate of Potash
By Composition:
Organic
Inorganic
By Form:
Solid
Liquid Soluble Powder
By Crop Type:
Oil Seeds & Pulses
Soybean
Canola
Sunflower
Others (Peas and Palm Oil)
Fruits & Vegetables
Apples
Tomatoes
Citrus
Others (Brassica and Berry)
Cereals & Grains
Rice
Corn
Wheat
Barley
Others (Sugarcane, Sugar beet, Pharmaceuticals, and Others)
Company Profiles
Israel Chemicals Ltd.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
EuroChem Group A.G
Agrium Inc.
Uralkali PJSC
Yara International A.S.A.
Migao Corporation
Sesoda Corporation
SQM S.A.
Brazil Potash Corporation
K+S KALI GmbH
“*” marked represents similar segmentation in other categories in the respective section.
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