Market Overview:
The global potash ores market is expected to grow at a CAGR of 3.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for potassium chloride, sodium chloride, and other potash ores from various applications such as agriculture, chemical, metallurgical, and others. In terms of volume, Asia Pacific is expected to lead the global potash ores market during the forecast period followed by Europe and North America.
Product Definition:
Potash ores are a type of mineral deposit that contains potassium salts. These deposits are mined in order to extract potassium, which is used in a variety of industries including agriculture and manufacturing. Potassium is essential for plant growth and development, making potash ores an important resource for the agricultural industry.
Potassium Chloride:
Potassium chloride is a salt which has potassium cation (K+), and an ionic chlorine group. It is white in color consisting of solid crystals or a crystalline powder. It has high solubility in water, but cannot be dissolved completely due to its strong affinity for the soil surface. The product plays an important role as it helps plants to absorb more nutrients from the soil, and also helps them against pathogen attacks.
Sodium Chloride:
Sodium chloride is a salt that is formed in the earth’s crust from natural deposits of sodium carbonate and other compounds. It plays an important role in fertilizers as it helps enhance the plant growth by providing essential nutrients to the roots. Sodium chloride also helps reduce water usage & soil erosion, control pests, and increase crop yield.
The global sodium chloride market size was valued at USD 4.6 billion in 2016.
Application Insights:
The application segment includes agriculture, chemical, metallurgical and others. The agricultural use of potash is potassium nitrate which is used as a fertilizer for crops such as sugarcane and cotton. It has a high demand from the agricultural sector due to the growing population in Asia Pacific and Africa.
The chemical segment accounted for more than 50% of the global market share in terms of volume in 2017 on account of various applications including fertilizers, paints & coatings, rubber products, paper & pulp manufacturing etc. Fertilizer manufacturers are majorly concentrated in North America while paints & coatings industry is largely dominated by Asia Pacific region thus making both regions dominant markets for this product category respectively over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and accounted for over 45% of the total revenue share. The region is expected to witness significant growth on account of rising fertilizer consumption coupled with increasing agricultural land area under cultivation. In addition, rapid industrialization and urbanization in emerging economies such as China, India, Indonesia, Vietnam are expected to drive product demand from 2018 to 2030.
China emerged as a major producer and consumer of potash since 2010 owing to favorable geographical location along with large scale availability of natural resources including shale gas & oil & gas reserves which are used for manufacturing synthetic fertilizers rather than burning them off or exporting them out thus leading to huge economic loss due to carbon emission which has adverse impacts on environment & climate change. This factor is anticipated To have A Significant Impact On The Demand For Potash Ores In China Over The Next Eight Years (2018 To 2030).
Growth Factors:
- Increasing demand for potash ores from the agricultural sector as a result of growing population and rising food demand.
- Rapid urbanization and industrialization in developing countries is leading to an increase in the demand for potash ores.
- Stringent environmental regulations on fertilizer production are resulting in the increased adoption of potash ores as a key component of fertilizers.
- Growing awareness about the benefits of using potassium-rich fertilizers is aiding the growth of the market for potash ores globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Potash Ores Market Research Report
By Type
Potassium Chloride, Sodium Chloride, Others
By Application
Agriculture, Chemical, Metallurgical, Others
By Companies
Agrium Inc., BHP Billiton Ltd., Elementals Minerals Limited, Encanto Potash Corp., EuroChem, Intrepid Potash, K+S GmbH, Mining Associates, PotashCorp, Uralkali
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Potash Ores Market Report Segments:
The global Potash Ores market is segmented on the basis of:
Types
Potassium Chloride, Sodium Chloride, Others
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, Chemical, Metallurgical, Others
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:
- Agrium Inc.
- BHP Billiton Ltd.
- Elementals Minerals Limited
- Encanto Potash Corp.
- EuroChem
- Intrepid Potash
- K+S GmbH
- Mining Associates
- PotashCorp
- Uralkali
Highlights of The Potash Ores 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:
- Potassium Chloride
- Sodium Chloride
- Others
- By Application:
- Agriculture
- Chemical
- Metallurgical
- Others
- 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 Potash Ores 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?
Potash is a mineral composed of potassium and other elements. Potassium ores are found in the earth's crust, and are mined for their potassium content.
Some of the major players in the potash ores market are Agrium Inc., BHP Billiton Ltd., Elementals Minerals Limited, Encanto Potash Corp., EuroChem, Intrepid Potash, K+S GmbH, Mining Associates, PotashCorp, Uralkali.
The potash ores market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Potash Ores 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. Potash Ores Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Potash Ores Market - Supply Chain
4.5. Global Potash Ores Market Forecast
4.5.1. Potash Ores Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Potash Ores Market Size (000 Units) and Y-o-Y Growth
4.5.3. Potash Ores Market Absolute $ Opportunity
5. Global Potash Ores 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. Potash Ores Market Size and Volume Forecast by Type
5.3.1. Potassium Chloride
5.3.2. Sodium Chloride
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Potash Ores 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. Potash Ores Market Size and Volume Forecast by Application
6.3.1. Agriculture
6.3.2. Chemical
6.3.3. Metallurgical
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Potash Ores 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. Potash Ores 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 Potash Ores 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. Potash Ores 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 Potash Ores Demand Share Forecast, 2019-2026
9. North America Potash Ores 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 Potash Ores 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 Potash Ores Market Size and Volume Forecast by Application
9.4.1. Agriculture
9.4.2. Chemical
9.4.3. Metallurgical
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Potash Ores Market Size and Volume Forecast by Type
9.7.1. Potassium Chloride
9.7.2. Sodium Chloride
9.7.3. Others
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 Potash Ores Demand Share Forecast, 2019-2026
10. Latin America Potash Ores 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 Potash Ores 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 Potash Ores Market Size and Volume Forecast by Application
10.4.1. Agriculture
10.4.2. Chemical
10.4.3. Metallurgical
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Potash Ores Market Size and Volume Forecast by Type
10.7.1. Potassium Chloride
10.7.2. Sodium Chloride
10.7.3. Others
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 Potash Ores Demand Share Forecast, 2019-2026
11. Europe Potash Ores 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 Potash Ores 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 Potash Ores Market Size and Volume Forecast by Application
11.4.1. Agriculture
11.4.2. Chemical
11.4.3. Metallurgical
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Potash Ores Market Size and Volume Forecast by Type
11.7.1. Potassium Chloride
11.7.2. Sodium Chloride
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Anlysis
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 Potash Ores Demand Share, 2019-2026
12. Asia Pacific Potash Ores 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 Potash Ores 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 Potash Ores Market Size and Volume Forecast by Application
12.4.1. Agriculture
12.4.2. Chemical
12.4.3. Metallurgical
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Potash Ores Market Size and Volume Forecast by Type
12.7.1. Potassium Chloride
12.7.2. Sodium Chloride
12.7.3. Others
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 Potash Ores Demand Share, 2019-2026
13. Middle East & Africa Potash Ores 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 Potash Ores 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 Potash Ores Market Size and Volume Forecast by Application
13.4.1. Agriculture
13.4.2. Chemical
13.4.3. Metallurgical
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Potash Ores Market Size and Volume Forecast by Type
13.7.1. Potassium Chloride
13.7.2. Sodium Chloride
13.7.3. Others
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 Potash Ores Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Potash Ores Market: Market Share Analysis
14.2. Potash Ores Distributors and Customers
14.3. Potash Ores Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Agrium Inc.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BHP Billiton Ltd.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Elementals Minerals Limited
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Encanto Potash Corp.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. EuroChem
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Intrepid Potash
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. K+S GmbH
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mining Associates
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. PotashCorp
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Uralkali
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
