Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Muriate of Potash (MOP) Market by Type (40% Content, 50% Content, 60% Content, Other), By Application (Fertilizer, General Industrial, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Muriate of Potash (MOP) Market by Type (40% Content, 50% Content, 60% Content, Other), By Application (Fertilizer, General Industrial, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 319718 4200 Chemical & Material 377 208 Pages 4.9 (32)
                                          

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.


Global Muriate of Potash (MOP) Industry Outlook


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:

  1. Israel Chemical
  2. Nutrien
  3. Mosaic
  4. Yara
  5. Arab Potash
  6. Uralkali
  7. CF Industries
  8. Intrepid Potash
  9. K+S Kali
  10. Israel Chemical

Global Muriate of Potash (MOP) Market Overview


Highlights of The Muriate of Potash (MOP) Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. 40% Content
    2. 50% Content
    3. 60% Content
    4. Other
  1. By Application:

    1. Fertilizer
    2. General Industrial
    3. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
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Global Muriate of Potash (MOP) Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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

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