Potassic fertilizers are made for potassium minerals that are produced by purification process. Potassic fertilizers are available in many forms such potassium chloride, potassium sulphate, potassium carbonate and potassium nitrate. Potassium chloride dominates the potassic fertilizers market in terms of demand and production followed by the others. These potassic fertilizers can be used for a variety of crops such as fruits, vegetables, tobacco etc.
Potassic Fertilizers are available in the market as multiple products like sulphate of potash (SOP), muriate of potash, sulphate of potash magnesia, magnesium fertilizers etc. Amongst the available products, sulphate of potash dominates the potassic fertilizers market followed by muriate of potash. Sulphates of Potash (SOP) are non-chloride potash fertilizers available in powder, granule or soluble product for fertigation. It is a premium fertilizer used widely for crops such as nuts, fruits and vegetables, etc.
As the world population is increasing and the pressure to get the maximum possible yield out of the minimum available land is steadily increasing, potassic fertilizers market is projected to have a very bright future as these fertilizers enhance yield production of a variety of sensitive high-value crops. Also, a new water-soluble variety of potassic fertilizers have come up which is better than the regularly available granular form and improved performance in terms of high yield production. Contrary to this, all fertilizers in general lead to some level environmental damage and potassic fertilizers are no different. Stringent regulations in favour of an eco-friendly environment sometimes lead to a downfall in this otherwise bright market, but newer eco-friendly varieties are coming up through rigorous research activities in this area, which can help it, boom even further.
China is the leading producer of sulphate of potash (SOP) in the global potassic fertilizers market followed by Germany, India and United States. Muriate of potash (MOP) or potassium chloride is majorly demanded in market such as United States, Brazil and India. Asia Pacific is the leading region in terms of demand in the global potassic fertilizers market.
The key players in the global potassic fertilizers market include Yara International ASA, Agrium Inc., Coromandel International Ltd, Potash Corp. of Saskatchewan, CF Industries Holdings Inc, Eurochem, OCP, Mosaic, ICL, and Phosagro.
Decision Databases is involved in providing research reports and company profiles in the global potassic fertilizers market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market. The potassic fertilizers market is segmented based on the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the global industry analysis, market size, share, growth, and trends information in our potassic fertilizers profiles.
CUSTOMIZATION OF REPORT:
1. INTRODUCTION TO THE POTASSIC FERTILIZERS MARKET
2. EXECUTIVE SUMMARY
3. MARKET ANALYSIS OF POTASSIC FERTILIZERS
4. POTASSIC FERTILIZERS MARKET ANALYSIS BY PRODUCT TYPES
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