“Potash Market Outlook 2024: Global Opportunity And Demand Analysis, Market Forecast, 2018-2024” presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and deal landscapes.

Top Leading Companies: Potash Corp, Mosaic Co, K+S, Uralkali, Qinghai Salt Lake Potash, Agrium, Intrepid Potash, APC, Belaruskali, Sinofert Holdings, SQM, Vale.

This report provides a detailed analysis of the Potash market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.

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Essential points covered in Global Potash Market 2018 Research are:-

  • What will the market size and the growth rate be in 2024?
  • What are the key factors driving the Global Potash market?
  • What are the key market trends impacting the growth of the Global Potash market?
  • What are the challenges to market growth?
  • Who are the key vendors in the Global Potash market?
  • What are the market opportunities and threats faced by the vendors in the Global Potash market?
  • What are the key outcomes of the five forces analysis of the Global Potash market?

This independent 350 pages report guarantees you will remain better informed than your competition. With over 200 tables and figures examining the Potash market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2024.

Furthermore, the report provides a detailed analysis of the Global Potash market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done.

Market Overview:

Potash, a generic term for Potassium salts, is an extremely essential nutrient required by plants for growth. It is one of the three primary plant nutrients: nitrogen, potassium and phosphorus. Thus it is widely used in fertilizers and is available in forms like SOP (sulphate of potash), MOP (muriate of potash) etc.
Due to its wide scale agricultural application, the demand for potash is highly correlated with production levels. The projected one third increase in the global population necessitating increase in agricultural production by up to 70%, will potentially give a major boost to the demand for potash. Other factors causing agricultural production increases like food security issues and limited availability of arable lands are also likely to bolster demand.
Potash is mainly extracted from underground evaporates, rock formations or water bodies like the Dead Sea. It is used wherever soil potassium levels are inadequate, and helps boost plant health and increase productivity.

Market Size and Forecast:

The global market for potash was valued at USD 8 Billion in 2016. The market is undergoing recovery and is expected to grow at a modest CAGR of 4% during the forecast period to reach a market size of USD 11 Billion by 2024.
MOP accounts for the largest share in the global potash market. Its popularity can be attributed to its yield increasing qualities and competitive pricing.

The fertilizer industry accounts for over 90% of the total potash consumption globally. Fertilizers for agriculture comprise the largest end use industry for potash owing to the immense importance of potash for plants and increased productivity.

Geographically, Asia Pacific accounts for the largest market for potash in terms of revenue. This is mainly due to the thriving agricultural sector and reliance of a large percentage of the population on agriculture as a means of living. Latin America as well as Asia Pacific are expected to witness steady growth during the forecast period..

Market Drivers and Challenges:

Rising agricultural production and increasing fertilizer usage are the key factors driving the market for potash in recent years. Increase in global population, urbanization, rising incomes and consequently improving standards of living, decreasing arable land per capita and increasing demand for bio-fuels, animal feed are the factors contributing to the growth drivers.
Change in consumption patterns and shift to protein based diets, rising affordability and expansion in emerging markets are some other factors propelling growth in the market.

However, bloated global capacity and excess supply are acting as key restraints to market growth. The market has witnessed nearly a decade of falling prices. Various seasonal factors like rainfall, droughts and climate, and macroeconomic factors like inflation, per capita incomes also affect output levels. This in turn can adversely affect demand for potash.
The market is witnessing recovery, especially in Asia there is a rebound due to low prices in countries like India and China. After nearly a decade of decline, shipments to China are expected to increase. Subsidy policy for potash in India has also changed recently.

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Global Potash Market Report covered insights of below mentioned regions:

– North America (U.S., Canada) {Market Size, Growth Analysis and Opportunity Analysis}
-Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis and Opportunity Analysis}
-Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size, Growth Analysis and Opportunity Analysis}
-Asia-Pacific (China, India, Singapore, Japan, Hong-Kong, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market —Size, Growth Analysis and Opportunity Analysis}
-Middle East and North Africa (MENA) {Market Size, Growth Analysis and Opportunity Analysis}
-Rest of World {Market Size, Growth Analysis and Opportunity Analysis}

The report provides a basic overview of the Potash industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.

Then, the report focuses on Global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Potash industry development trends and marketing channels are analyzed.

The research includes historic data from 2013 to 2017 and forecasts until 2024 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Potash on the basis of stating current situation of the industry in 2018 so as to make comprehensive organization and judgment on the competition situation and development trend of Potash Market and assist manufacturers and investment organization to better grasp the development course of Potash Market.

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 a SWOT analysis of the key vendors.

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