Global Potash Fertilizers Market Analysis and In-depth Research on Market Size, Trends, Emerging Growth Factors and Forecasts 2025
Global Potash Fertilizers Market Expected to Reach XX Million by 2025
According to new report published by Reports Monitor titled, “Potash Fertilizers Market by Crop Type, Application Method, Type, and Form: Global Opportunity Analysis and Industry Forecast,2017-2025,” the potash fertilizer market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at CAGR of XX% from2017 to 2025.
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Potash fertilizer is one of the key important fertilizer macronutrients that is referred to enhance crop yield, improve agriculture productivity and to improve plant health. Potash is an essential natural material which is constantly recycled in the earth and absorbed by soil and accumulated as salt deposits. Potash fertilizers are used to improve ph level of soil, enhance the taste of crop and improve the overall quality of food. Potash fertilizers provide essential nutrients to soil to make yield protect from harmful pathogens.
The major drivers for potash fertilizers are increasing urbanization, rising population and changing pattern in food consumption. Further, government took steps to improve farming techniques has led to open the opportunity for the market. On the other hand, different climate conditions and unawareness of farmers regarding upgrading technology of farming sector may restrict the growth of potash fertilizers in the market.
Europe is the dominated market player in the potash fertilizer market followed by Asia-Pacific region and Latin America. Increasing disposable income, rising demand for improved quality crop and growing population in Asia-pacific region has been pushing the demand for the potash fertilizer market.
The major companies profiled in the reports include: Agrium Inc., Borealis AG, Eurochem Group AG, HELM AG, Isarael Chemical Ltd., JSC Belaruskali, K+S Aktiengesellschaft, Potash Corporation of Saskatchewan Inc, Sinofert Holdings Limited and The Mosaic Company.
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