Global Potassium Fertilizer Supply, Demand and Key Producers, 2023-2029
The global Potassium Fertilizer market size is expected to reach $ 41830 million by 2029, rising at a market growth of -2.7% CAGR during the forecast period (2023-2029).
Global key players of Potassium Fertilizer include Nutrien Ltd, Uralkali, The Mosaic Company, Belaruskali, K+S Aktiengesellschaft, etc. The top five players hold a share over 50%. Europe is the largest production region of Potassium Fertilizer, has a share about 38%, followed by North America, and China, with share 30% and 13%, separately.In terms of product type, Potassium Chloride is the largest segment, occupied for a share of 84%, and in terms of application, Grains has a share about 52%.
Potassium fertilizer is a fertilizer with potassium as the main nutrient. Potassium in plants generally accounts for 0.2% to 4.1% of dry matter weight, second only to nitrogen. Potassium participates in the activation of more than 60 enzyme systems, photosynthesis, transport of assimilated products, carbohydrate metabolism and protein synthesis during plant growth and development.
This report studies the global Potassium Fertilizer production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Potassium Fertilizer, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Potassium Fertilizer that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Potassium Fertilizer total production and demand, 2018-2029, (Tons)
Global Potassium Fertilizer total production value, 2018-2029, (USD Million)
Global Potassium Fertilizer production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Tons)
Global Potassium Fertilizer consumption by region & country, CAGR, 2018-2029 & (Tons)
U.S. VS China: Potassium Fertilizer domestic production, consumption, key domestic manufacturers and share
Global Potassium Fertilizer production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Tons)
Global Potassium Fertilizer production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Tons)
Global Potassium Fertilizer production by Application production, value, CAGR, 2018-2029, (USD Million) & (Tons)
This reports profiles key players in the global Potassium Fertilizer market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Nutrien Ltd., Uralkali, The Mosaic Company, Belaruskali, K+S Aktiengesellschaft, ICL Group Ltd., QingHai Salt Lake Industry Co., Ltd., Arab Potash Company and EuroChem Group AG, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Potassium Fertilizer market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global Potassium Fertilizer Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Potassium Fertilizer Market, Segmentation by Type
Potassium Chloride
Potassium Sulphate
Others
Global Potassium Fertilizer Market, Segmentation by Application
Grains
Fruits and Vegetables
Cash Crops
Companies Profiled:
Nutrien Ltd.
Uralkali
The Mosaic Company
Belaruskali
K+S Aktiengesellschaft
ICL Group Ltd.
QingHai Salt Lake Industry Co., Ltd.
Arab Potash Company
EuroChem Group AG
Sociedad Química y Minera de Chile S.A
SDIC Xinjiang Luobupo Potash Co., Ltd.
Fully Hong Kong Limited
Haifa Group
Compass Minerals International, Inc.
Wentong Potassium Salt Group Co., Ltd.
Yara International ASA
Qinghai CITIC Guoan Technology Development Co., Ltd.
Migao Group Holdings Limited
Intrepid Potash, Inc.
Key Questions Answered
1. How big is the global Potassium Fertilizer market?
2. What is the demand of the global Potassium Fertilizer market?
3. What is the year over year growth of the global Potassium Fertilizer market?
4. What is the production and production value of the global Potassium Fertilizer market?
5. Who are the key producers in the global Potassium Fertilizer market?
6. What are the growth factors driving the market demand?