Global Potash Market 2024-2028
The potash market is forecasted to grow by USD 15.56 bn during 2023-2028, accelerating at a CAGR of 4.77% during the forecast period. The report on the potash market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing demand for fertilizers, the use of potash and its derivatives in food processing applications, and the high demand for potash in APAC.
Technavio's potash market is segmented as below:
By End-user
- Fertilizers
- General Industrial
- Others
By Product
- Muriate of potash
- Sulfate of potash
- Potassium nitrate
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increasing global potash production capacity as one of the prime reasons driving the potash market growth during the next few years. Also, the adoption of precision farming and the increasing application of potash in hydroponics will lead to sizable demand in the market.
The report on the potash market covers the following areas:
- Potash market sizing
- Potash market forecast
- Potash market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading potash market vendors that include Agrimin Ltd., Arab Potash Co., Compass Minerals International Inc., EuroChem Group AG, Evergrow, GUJARAT AKSHA FERTILIZER CO., Haifa Negev technologies Ltd., HELM AG, Indian Potash Ltd., Intrepid Potash, Israel Chemicals Ltd., JSC Uralkali, Kalium Lakes Ltd., Kiran Chemicals, KS Aktiengesellschaft, Nutrien Ltd., Tessenderlo Group NV, The Mosaic Co., Yara International ASA, and JSC Belaruskali. Also, the potash market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.