Market Overview:
The global muriate of potash (MOP) market is expected to grow at a CAGR of 3.5% from 2018 to 2030. The market growth is attributed to the increasing demand for MOP in the fertilizer and general industrial applications. North America accounted for the largest share of the global MOP market in 2017, followed by Europe and Asia Pacific. However, Asia Pacific is projected to be the fastest-growing region during the forecast period owing to rapid economic development and rising population in countries such as China and India.
Product Definition:
Muriate of potash (MOP) is a potassium chloride (KCl) mineral fertilizer. It is an important source of potassium for plants, and it also supplies chlorine. Muriate of potash is used to improve the physical properties of soils, to increase crop yields, and to improve the quality of fruits and vegetables.
40% Content:
40% content is a chemical compound of potassium (K) and hydrogen (H). It has 40% K2O by weight. Muriate of potash is produced when H2SO4 solution is added to potassium hydroxide solution. The resulting mixture contains 40% K2O by weight, which can be used for the production of fertilizers and other products that require plant nutrients.
50% Content:
50% content is a solution of bicarbonate (HCO3) and phosphoric acid (H4P2O5). It has the ability to raise the pH level in water. 50% content is used as an additive for Muriate of Potash (MOP), which is used as a fertilizer. The product helps in increasing crop yield, especially during dry weather conditions or at high elevations where soil moisture is limited.
Application Insights:
Fertilizer was the dominant application segment and accounted for a revenue share of more than 60% in 2017. The general industrial segment is expected to witness significant growth over the forecast period owing to rising demand from emerging economies such as India, China and Brazil. Other applications include chemicals, food & beverages and textiles among others.
The fertilizer industry has been witnessing significant growth over the past few years due to high crop productivity coupled with changing climatic conditions across major agricultural regions including North America and Europe. This trend is expected to continue over the forecast period driving Muriate of Potash (MOP) consumption in this sector.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness a CAGR of XX% over the forecast period. The growth can be attributed to rising demand for fertilizers from emerging economies, such as China and India, which are among the top five producers of rice globally. Rice is one of the major crops grown in these countries and depends on natural fertilizer for proper cultivation which will create demand for MOP over the coming years.
The Middle East & Africa region is projected to register significant growth due to rapid development in agriculture sector especially after implementation of new farming techniques coupled with favorable climatic conditions that enhance crop production per hectare area leading towards higher adoption rate thus driving product demand across various applications including fertilizer industry.
North America was valued at USD X million in 2017 owing to high consumption levels mainly driven by U.S.
Growth Factors:
- Increasing demand for MOP from the agriculture sector as a result of growing population and rising food consumption.
- Rapid urbanization and industrialization in developing countries is expected to drive the demand for MOP in the near future.
- Favorable government policies and subsidies for MOP in key markets are likely to boost its demand over the forecast period.
- Rising awareness about benefits of using potassium-rich fertilizers is projected to propel the growth of global Muriate of Potash (MOP) market over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Muriate of Potash (MOP) Market Research Report
By Type
40% Content, 50% Content, 60% Content, Other
By Application
Fertilizer, General Industrial, Other
By Companies
Israel Chemical, Nutrien, Mosaic, Yara, Arab Potash, Uralkali, CF Industries, Intrepid Potash, K+S Kali, Israel Chemical
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
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Muriate of Potash (MOP) Market Report Segments:
The global Muriate of Potash (MOP) market is segmented on the basis of:
Types
40% Content, 50% Content, 60% Content, Other
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
Fertilizer, General Industrial, Other
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:
- Israel Chemical
- Nutrien
- Mosaic
- Yara
- Arab Potash
- Uralkali
- CF Industries
- Intrepid Potash
- K+S Kali
- Israel Chemical
Highlights of The Muriate of Potash (MOP) 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:
- 40% Content
- 50% Content
- 60% Content
- Other
- By Application:
- Fertilizer
- General Industrial
- Other
- 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 Muriate of Potash (MOP) 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.
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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?
Muriate of Potash is a salt that is used as a fertilizer.
Some of the major players in the muriate of potash (mop) market are Israel Chemical, Nutrien, Mosaic, Yara, Arab Potash, Uralkali, CF Industries, Intrepid Potash, K+S Kali, Israel Chemical.
The muriate of potash (mop) market is expected to register a CAGR of 3.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Muriate of Potash (MOP) Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Muriate of Potash (MOP) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Muriate of Potash (MOP) Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Muriate of Potash (MOP) Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Muriate of Potash (MOP) Market Size & Forecast, 2020-2028 4.5.1 Muriate of Potash (MOP) Market Size and Y-o-Y Growth 4.5.2 Muriate of Potash (MOP) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 40% Content
5.2.2 50% Content
5.2.3 60% Content
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Fertilizer
6.2.2 General Industrial
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Muriate of Potash (MOP) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Muriate of Potash (MOP) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 40% Content
9.6.2 50% Content
9.6.3 60% Content
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Fertilizer
9.10.2 General Industrial
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 40% Content
10.6.2 50% Content
10.6.3 60% Content
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Fertilizer
10.10.2 General Industrial
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 40% Content
11.6.2 50% Content
11.6.3 60% Content
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Fertilizer
11.10.2 General Industrial
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 40% Content
12.6.2 50% Content
12.6.3 60% Content
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Fertilizer
12.10.2 General Industrial
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 40% Content
13.6.2 50% Content
13.6.3 60% Content
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Fertilizer
13.10.2 General Industrial
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Muriate of Potash (MOP) Market: Competitive Dashboard
14.2 Global Muriate of Potash (MOP) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Israel Chemical
14.3.2 Nutrien
14.3.3 Mosaic
14.3.4 Yara
14.3.5 Arab Potash
14.3.6 Uralkali
14.3.7 CF Industries
14.3.8 Intrepid Potash
14.3.9 K+S Kali
14.3.10 Israel Chemical