The global potassium nitrate compound fertilizers market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for potassium nitrate compound fertilizers in agriculture and horticulture applications, owing to their high efficiency and low cost. Liquid fertilizers accounted for the largest share of the global potassium nitrate compound fertilizer market in 2017, followed by solid fertilizers and other types of fertilizer products. Liquid fertilizers are preferred over solid ones because they are easier to apply on crops and have a higher nutrient content than solid ones. Agriculture application dominated the global potassium nitrate compound fertilizer market in 2017, accounting for more than half of its share; it is expected to continue its dominance throughout the forecast period as well due to its high demand from farmers across different regions globally. 6. The high cost associated with these fertilizers has been a restraining factor on this market's growth.
Some Of The Growth Factors Of This Market:
- The global Potassium Nitrate Compound Fertilizers market is driven by factors such as increasing demand for food and agricultural products, growing population, and increasing awareness about the benefits of fertilizers in agriculture.
- Increasing demand for food and agricultural products is one of the major drivers for the growth of this market because it increases crop production which in turn increases fertilizer consumption globally.
- Growing population is another factor that drives this market because it leads to increased demand for food and agricultural products which in turn leads to increased fertilizer consumption globally.
- Increasing awareness about the benefits of fertilizers in agriculture also drives this market because it helps farmers increase their crop production which in turn leads to increased fertilizer consumption globally.
Industry Growth Insights published a new data on “Potassium Nitrate Compound Fertilizers Market”. The research report is titled “Potassium Nitrate Compound Fertilizers Market research by Types (Liquid Fertilizers, Solid Fertilizers), By Applications (Agriculture, Horticulture, Othe), By Players/Companies Axaygroup, Kemapco, SQM, Haifa, Wentong Group, Yara, Ishita International, Jiangxi Longwell Industrial”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Potassium Nitrate Compound Fertilizers Market Research Report
By Type
Liquid Fertilizers, Solid Fertilizers
By Application
Agriculture, Horticulture, Othe
By Companies
Axaygroup, Kemapco, SQM, Haifa, Wentong Group, Yara, Ishita International, Jiangxi Longwell Industrial
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Potassium Nitrate Compound Fertilizers Market Report Segments:
The global Potassium Nitrate Compound Fertilizers market is segmented on the basis of:
Types
Liquid Fertilizers, Solid Fertilizers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agriculture, Horticulture, Othe
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Axaygroup
- Kemapco
- SQM
- Haifa
- Wentong Group
- Yara
- Ishita International
- Jiangxi Longwell Industrial
Highlights of The Potassium Nitrate Compound Fertilizers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Liquid Fertilizers
- Solid Fertilizers
- By Application:
- Agriculture
- Horticulture
- Othe
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Potassium Nitrate Compound Fertilizers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Potassium nitrate compound fertilizers are a type of fertilizer that contains potassium and nitrogen. They are used to help plants grow and produce crops.
Some of the major companies in the potassium nitrate compound fertilizers market are Axaygroup, Kemapco, SQM, Haifa, Wentong Group, Yara, Ishita International, Jiangxi Longwell Industrial.
The potassium nitrate compound fertilizers market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Potassium Nitrate Compound Fertilizers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Potassium Nitrate Compound Fertilizers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Potassium Nitrate Compound Fertilizers Market - Supply Chain
4.5. Global Potassium Nitrate Compound Fertilizers Market Forecast
4.5.1. Potassium Nitrate Compound Fertilizers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Potassium Nitrate Compound Fertilizers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Potassium Nitrate Compound Fertilizers Market Absolute $ Opportunity
5. Global Potassium Nitrate Compound Fertilizers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Potassium Nitrate Compound Fertilizers Market Size and Volume Forecast by Type
5.3.1. Liquid Fertilizers
5.3.2. Solid Fertilizers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Potassium Nitrate Compound Fertilizers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Potassium Nitrate Compound Fertilizers Market Size and Volume Forecast by Application
6.3.1. Agriculture
6.3.2. Horticulture
6.3.3. Othe
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Potassium Nitrate Compound Fertilizers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Potassium Nitrate Compound Fertilizers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Potassium Nitrate Compound Fertilizers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Potassium Nitrate Compound Fertilizers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Potassium Nitrate Compound Fertilizers Demand Share Forecast, 2019-2026
9. North America Potassium Nitrate Compound Fertilizers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Potassium Nitrate Compound Fertilizers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Potassium Nitrate Compound Fertilizers Market Size and Volume Forecast by Application
9.4.1. Agriculture
9.4.2. Horticulture
9.4.3. Othe
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Potassium Nitrate Compound Fertilizers Market Size and Volume Forecast by Type
9.7.1. Liquid Fertilizers
9.7.2. Solid Fertilizers
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Potassium Nitrate Compound Fertilizers Demand Share Forecast, 2019-2026
10. Latin America Potassium Nitrate Compound Fertilizers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Potassium Nitrate Compound Fertilizers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Potassium Nitrate Compound Fertilizers Market Size and Volume Forecast by Application
10.4.1. Agriculture
10.4.2. Horticulture
10.4.3. Othe
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Potassium Nitrate Compound Fertilizers Market Size and Volume Forecast by Type
10.7.1. Liquid Fertilizers
10.7.2. Solid Fertilizers
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Potassium Nitrate Compound Fertilizers Demand Share Forecast, 2019-2026
11. Europe Potassium Nitrate Compound Fertilizers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Potassium Nitrate Compound Fertilizers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Potassium Nitrate Compound Fertilizers Market Size and Volume Forecast by Application
11.4.1. Agriculture
11.4.2. Horticulture
11.4.3. Othe
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Potassium Nitrate Compound Fertilizers Market Size and Volume Forecast by Type
11.7.1. Liquid Fertilizers
11.7.2. Solid Fertilizers
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Potassium Nitrate Compound Fertilizers Demand Share, 2019-2026
12. Asia Pacific Potassium Nitrate Compound Fertilizers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Potassium Nitrate Compound Fertilizers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Potassium Nitrate Compound Fertilizers Market Size and Volume Forecast by Application
12.4.1. Agriculture
12.4.2. Horticulture
12.4.3. Othe
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Potassium Nitrate Compound Fertilizers Market Size and Volume Forecast by Type
12.7.1. Liquid Fertilizers
12.7.2. Solid Fertilizers
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Potassium Nitrate Compound Fertilizers Demand Share, 2019-2026
13. Middle East & Africa Potassium Nitrate Compound Fertilizers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Potassium Nitrate Compound Fertilizers Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Potassium Nitrate Compound Fertilizers Market Size and Volume Forecast by Application
13.4.1. Agriculture
13.4.2. Horticulture
13.4.3. Othe
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Potassium Nitrate Compound Fertilizers Market Size and Volume Forecast by Type
13.7.1. Liquid Fertilizers
13.7.2. Solid Fertilizers
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Potassium Nitrate Compound Fertilizers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Potassium Nitrate Compound Fertilizers Market: Market Share Analysis
14.2. Potassium Nitrate Compound Fertilizers Distributors and Customers
14.3. Potassium Nitrate Compound Fertilizers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Axaygroup
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Kemapco
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SQM
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Haifa
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Wentong Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Yara
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ishita International
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Jiangxi Longwell Industrial
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook