Market Overview:
The global potassic fertilizer 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 factors such as rising demand for food owing to population growth, increasing awareness about benefits of potassic fertilizers, and technological advancements in the production of potassic fertilizers. However, volatility in prices of raw materials used for manufacturing potassic fertilizers is expected to restrain the growth of this market during the forecast period. Based on type, potassium chloride accounted for a major share of the global potassic fertilizer market in 2017. This can be attributed to its high solubility and availability as compared with other types of potassium-based fertilizers. Based on application method, broadcasting accounted for a major share of the global potassic fertilizer market in 2017.
Product Definition:
A potassic fertilizer is a type of agricultural fertilizer that contains potassium (K) and phosphorus (P) in addition to the three main macronutrients: nitrogen (N), sulfur (S), and magnesium (Mg). Potassic fertilizers are used to improve plant growth, increase yield, and improve the quality of crops.
By Type:
By type, it's usage and growth factor in Potassic fertilizer market? By source, it's usage and growth factor in Potassic Fertilizer market? By application, it's usage.
By geography, industry segmentation, end-use industries by region: North America (U.S., Canada), Europe (Germany), Asia Pacific (China Japan India ASEAN), Latin America (Brazil) Middle East & Africa.
Potassium Chloride:
Potassium chloride is a salt which has potassium cation (K+), and chlorine anion (Cl-). It is produced by the reaction between table salt (sodium chloride) and potassium carbonate or another source of potassium. The product finds application in various industries such as food & beverages, pharmaceuticals, chemical processing, etc.
Application Insights:
Cereals and grains was the largest application segment in 2017, accounting for over 60% of the global market. The growing demand for whole grain products with reduced calorie content is expected to be a key factor driving product demand in this segment.
Fruits and vegetables is likely to be one of the fastest-growing segments during the forecast period owing to increasing consumer preference for natural health products containing potassic fertilizer such as potassium salt of sulfate (SOP) and potash (KNO3). These are available in convenient tablet form which makes them highly suitable for vegetative cultivation.
Growing awareness among farmers regarding crop nutrition is anticipated to boost product consumption across various agriculture applications including oilseeds & pulses, cereals & grains, fruits & vegetables, turf grasses and cotton.
Regional Analysis:
North America dominated the global market in 2017 and accounted for over 35% of the total revenue share. The region is expected to witness a CAGR of XX% from 2018 to 2030 owing to increasing demand for Potassic fertilizers in U.S., Canada, and Mexico on account of rapid growth of various application sectors including fruits & vegetables, oil seeds & pulses, and cereals & grains.
Growth Factors:
- Increasing demand for food due to population growth
- Rising awareness about the benefits of potassic fertilizers
- Government initiatives and subsidies for potassic fertilizers
- Technological advancements in potassic fertilizer production processes
- Growing demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Potassic Fertilizer Market Research Report
By Type
By Type, Potassium Chloride, Sulfate of Potash (SOP), Potassium Nitrate, Others, By Application Method, Broadcasting, Foliar, Fertigation, By Form, Solid, Liquid
By Application
Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others
By Companies
Yara International ASA, Agrium Inc., Potash Corporation of Saskatchewan Inc, Eurochem Group AG, The Mosaic Company, JSC Belaruskali, Helm AG, Israel Chemicals Ltd., Sociedad Quimica Y Minera De Chile S.A. (SQM), Borealis AG, Sinochem Group, K+S Aktiengesellschaft
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Potassic Fertilizer Market Report Segments:
The global Potassic Fertilizer market is segmented on the basis of:
Types
By Type, Potassium Chloride, Sulfate of Potash (SOP), Potassium Nitrate, Others, By Application Method, Broadcasting, Foliar, Fertigation, By Form, Solid, Liquid
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
Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, 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:
- Yara International ASA
- Agrium Inc.
- Potash Corporation of Saskatchewan Inc
- Eurochem Group AG
- The Mosaic Company
- JSC Belaruskali
- Helm AG
- Israel Chemicals Ltd.
- Sociedad Quimica Y Minera De Chile S.A. (SQM)
- Borealis AG
- Sinochem Group
- K+S Aktiengesellschaft
Highlights of The Potassic Fertilizer 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:
- By Type
- Potassium Chloride
- Sulfate of Potash (SOP)
- Potassium Nitrate
- Others
- By Application Method
- Broadcasting
- Foliar
- Fertigation
- By Form
- Solid
- Liquid
- By Application:
- Cereals & Grains
- Oilseeds & Pulses
- Fruits & Vegetables
- 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 Potassic Fertilizer 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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- Correctly Positioning New Products
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- Product & Brand Management
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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?
Potassic fertilizer is a type of fertilizer that contains potassium. It is used to fertilize plants in order to help them grow and produce fruit.
Some of the key players operating in the potassic fertilizer market are Yara International ASA, Agrium Inc., Potash Corporation of Saskatchewan Inc, Eurochem Group AG, The Mosaic Company, JSC Belaruskali, Helm AG, Israel Chemicals Ltd., Sociedad Quimica Y Minera De Chile S.A. (SQM), Borealis AG, Sinochem Group, K+S Aktiengesellschaft.
The potassic fertilizer 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. Potassic Fertilizer 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. Potassic Fertilizer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Potassic Fertilizer Market - Supply Chain
4.5. Global Potassic Fertilizer Market Forecast
4.5.1. Potassic Fertilizer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Potassic Fertilizer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Potassic Fertilizer Market Absolute $ Opportunity
5. Global Potassic Fertilizer 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. Potassic Fertilizer Market Size and Volume Forecast by Type
5.3.1. By Type
5.3.2. Potassium Chloride
5.3.3. Sulfate of Potash (SOP)
5.3.4. Potassium Nitrate
5.3.5. Others
5.3.6. By Application Method
5.3.7. Broadcasting
5.3.8. Foliar
5.3.9. Fertigation
5.3.10. By Form
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Potassic Fertilizer 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. Potassic Fertilizer Market Size and Volume Forecast by Application
6.3.1. Cereals & Grains
6.3.2. Oilseeds & Pulses
6.3.3. Fruits & Vegetables
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Potassic Fertilizer 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. Potassic Fertilizer 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 Potassic Fertilizer 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. Potassic Fertilizer 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 Potassic Fertilizer Demand Share Forecast, 2019-2029
9. North America Potassic Fertilizer 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 Potassic Fertilizer 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 Potassic Fertilizer Market Size and Volume Forecast by Application
9.4.1. Cereals & Grains
9.4.2. Oilseeds & Pulses
9.4.3. Fruits & Vegetables
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 Potassic Fertilizer Market Size and Volume Forecast by Type
9.7.1. By Type
9.7.2. Potassium Chloride
9.7.3. Sulfate of Potash (SOP)
9.7.4. Potassium Nitrate
9.7.5. Others
9.7.6. By Application Method
9.7.7. Broadcasting
9.7.8. Foliar
9.7.9. Fertigation
9.7.10. By Form
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 Potassic Fertilizer Demand Share Forecast, 2019-2029
10. Latin America Potassic Fertilizer 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 Potassic Fertilizer 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 Potassic Fertilizer Market Size and Volume Forecast by Application
10.4.1. Cereals & Grains
10.4.2. Oilseeds & Pulses
10.4.3. Fruits & Vegetables
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 Potassic Fertilizer Market Size and Volume Forecast by Type
10.7.1. By Type
10.7.2. Potassium Chloride
10.7.3. Sulfate of Potash (SOP)
10.7.4. Potassium Nitrate
10.7.5. Others
10.7.6. By Application Method
10.7.7. Broadcasting
10.7.8. Foliar
10.7.9. Fertigation
10.7.10. By Form
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 Potassic Fertilizer Demand Share Forecast, 2019-2029
11. Europe Potassic Fertilizer 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 Potassic Fertilizer 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 Potassic Fertilizer Market Size and Volume Forecast by Application
11.4.1. Cereals & Grains
11.4.2. Oilseeds & Pulses
11.4.3. Fruits & Vegetables
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 Potassic Fertilizer Market Size and Volume Forecast by Type
11.7.1. By Type
11.7.2. Potassium Chloride
11.7.3. Sulfate of Potash (SOP)
11.7.4. Potassium Nitrate
11.7.5. Others
11.7.6. By Application Method
117.7. Broadcasting
11.7.8. Foliar
11.7.9. Fertigation
11.7.10. By Form
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 Potassic Fertilizer Demand Share, 2019-2029
12. Asia Pacific Potassic Fertilizer 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 Potassic Fertilizer 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 Potassic Fertilizer Market Size and Volume Forecast by Application
12.4.1. Cereals & Grains
12.4.2. Oilseeds & Pulses
12.4.3. Fruits & Vegetables
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 Potassic Fertilizer Market Size and Volume Forecast by Type
12.7.1. By Type
12.7.2. Potassium Chloride
12.7.3. Sulfate of Potash (SOP)
12.7.4. Potassium Nitrate
12.7.5. Others
12.7.6. By Application Method
12.7.7. Broadcasting
12.7.8. Foliar
12.7.9. Fertigation
12.7.10. By Form
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 Potassic Fertilizer Demand Share, 2019-2029
13. Middle East & Africa Potassic Fertilizer 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 Potassic Fertilizer 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 Potassic Fertilizer Market Size and Volume Forecast by Application
13.4.1. Cereals & Grains
13.4.2. Oilseeds & Pulses
13.4.3. Fruits & Vegetables
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 Potassic Fertilizer Market Size and Volume Forecast by Type
13.7.1. By Type
13.7.2. Potassium Chloride
13.7.3. Sulfate of Potash (SOP)
13.7.4. Potassium Nitrate
13.7.5. Others
13.7.6. By Application Method
13.7.7. Broadcasting
13.7.8. Foliar
13.7.9. Fertigation
13.7.10. By Form
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 Potassic Fertilizer Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Potassic Fertilizer Market: Market Share Analysis
14.2. Potassic Fertilizer Distributors and Customers
14.3. Potassic Fertilizer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Yara International ASA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Agrium Inc.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Potash Corporation of Saskatchewan Inc
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Eurochem Group AG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. The Mosaic Company
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. JSC Belaruskali
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Helm AG
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Israel Chemicals Ltd.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sociedad Quimica Y Minera De Chile S.A. (SQM)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Borealis AG
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Sinochem Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. K+S Aktiengesellschaft
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
