Potash Fertilizers Market: By Type, Sulfate of Potash, Potassium Nitrate, Others), By Application, By Crop, By Form and Geography

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Potash Fertilizers Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (Potassium Chloride (KCL), Sulfate of Potash (SOP), Potassium Nitrate, Others), By Application (Broadcasting, Foliar, Fertigation), By Crop (Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, Others), By Form (Liquid, Solid) and Region

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Potash Fertilizers Market size was valued at US$ 26,841.2 million in 2022 and is expected to grow at a significant CAGR of 5.2% from 2023 to 2029. The global market provides a detailed overview of the market and that can be segmented by Type, Crop, Application, Form, and Region. By type, the potash fertilizers market has been segmented into Potassium Chloride (KCL), Sulfate of Potash (SOP), Potassium Nitrate, and Others. The Potassium Chloride (KCL) segment is likely to be the largest and fastest-growing segment in terms of type. Based on application, the potash fertilizers market is segmented into Broadcasting, Foliar, and Fertigation.  Among these, the broadcasting segment is expected to have the fastest-growing market during the forecast period. Based on crop, the potash fertilizers market is segmented into Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, and Others. Cereals and Grains are expected to dominate the market in the future. Based on form, the market has been segmented into Liquid and solid. The liquid segment is expected to grow at the highest CAGR over the forecast years according to Precision Business Insights.  

Potash Fertilizers Market Key Development:
  • In March 2021, ICL Fertilizers acquired Compass Minerals América do Sul SA, a leading specialty plant nutrition business in Brazil. This acquisition will help the company strengthen its liquid potash fertilizer product portfolio, especially in South America.

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Potash Fertilizers Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

5.2%

Largest Market

North America

Fastest Growing Market

Asia Pacific

Potash Fertilizers Market Dynamics

Increasing soil deficiency, ease of use, and providing uniform application coupled with growing demand for more production of food crops are expected to drive the growth of the potassium fertilizers market.

Potash Fertilizers Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2022

US$ 26,841.2 million

Market CAGR

5.2%

By Type

  • Potassium Chloride (KCL),
  • Sulfate of Potash (SOP),
  • Potassium Nitrate,
  • Others

By Application

  • Broadcasting,
  • Foliar,
  • Fertigation

By Crop

  • Cereals and Grains,
  • Oilseeds and Pulses,
  • Fruits and Vegetables,
  • Others

Key Features of the Report

  • The potash fertilizers market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
  • The potash fertilizers market report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The potash fertilizers market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The potash fertilizers market report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The potash fertilizers market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

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Frequently Asked Questions

The potash fertilizers market is projected to expand at a CAGR of 5.2% during the forecast period.

The major players in the global potash fertilizers 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 Química Y Minera De Chile S.A. (SQM), Borealis AG, Sinofert Holdings Limited, K+S Aktiengesellschaft.

Asia Pacific is the fastest-growing region for potash fertilizers market

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Author

Manoj Kumar

Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of anima.....

1. Executive Summary
2. Global Potash Fertilizers Market Introduction
2.1. Global Potash Fertilizers Market Taxonomy
2.2. Global Potash Fertilizers Market Definitions
2.2.1. By Type
2.2.2. By Crop
2.2.3. By Application
2.2.4. By Form
2.2.5. By Region
3. Global Potash Fertilizers Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Potash Fertilizers Market Dynamic Factors - Impact Analysis
3.6. Global Potash Fertilizers Market Competition Landscape
4. Global Potash Fertilizers Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Potash Fertilizers Market, By Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.1. Potassium Chloride (KCL)
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Sulfate of Potash (SOP)
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Potassium Nitrate
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Others
5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
6. Global Potash Fertilizers Market Forecast, By Crop, 2018 - 2022 and Forecast, 2023 - 2029
6.1. Cereals and Grains
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Oil Seeds and Grains
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Fruits and Vegetables
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Others
6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
7. Global Potash Fertilizers Market Forecast, By Application, 2018 - 2022 and Forecast, 2023 - 2029
7.1. Broad Casting
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Foliar
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Fertigation
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
8. Global Potash Fertilizers Market Forecast, By Form, 2018 - 2022 and Forecast, 2023 - 2029
8.1. Liquid
8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Solid
8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
9. Global Potash Fertilizers Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
9.1. North America
9.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.1.3. Market Opportunity Analysis
9.2. Europe
9.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.2.3. Market Opportunity Analysis
9.3. Asia-Pacific
9.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.3.3. Market Opportunity Analysis
9.4. Latin America
9.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.4.3. Market Opportunity Analysis
9.5. Middle East and Africa
9.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.5.3. Market Opportunity Analysis
9.6. Global Potash Fertilizers Market - Opportunity Analysis Index, By Type, By Crop Type, By Application and Region, 2023 - 2029
10. North America Potash Fertilizers Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
10.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Potassium Chloride (KCL)
10.1.2. Sulfate of Potash (SOP)
10.1.3. Potassium Nitrate
10.1.4. Others
10.2. Crop Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Cereals and Grains
10.2.2. Oilseeds and Pulses
10.2.3. Fruits and Vegetables
10.2.4. Others
10.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Broadcasting
10.3.2. Foliar
10.3.3. Fertigation
10.4. Form Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.4.1. Liquid
10.4.2. Solid
10.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029  by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.5.1. U.S.
10.5.2. Canada
10.6. North America Potash Fertilizers Market - Opportunity Analysis Index, By Type, By Crop, By Application, By Form and Country, 2023 - 2029
10.7. North America Potash Fertilizers Market Dynamics Trends
11. Europe Potash Fertilizers Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
11.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Potassium Chloride (KCL)
11.1.2. Sulfate of Potash (SOP)
11.1.3. Potassium Nitrate
11.1.4. Others
11.2. Crop Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Cereals and Grains
11.2.2. Oilseeds and Pulses
11.2.3. Fruits and Vegetables
11.2.4. Others
11.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Broadcasting
11.3.2. Foliar
11.3.3. Fertigation
11.4. Form Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.4.1. Liquid
11.4.2. Solid
11.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029  by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.5.1. Germany
11.5.2. UK
11.5.3. France
11.5.4. Spain
11.5.5. Italy
11.5.6. Russia
11.5.7. Poland
11.5.8. Rest of Europe
11.6. Europe Potash Fertilizers Market - Opportunity Analysis Index, By Type, By Crop, By Application, By Form and Country, 2023 - 2029
11.7. Europe Potash Fertilizers Market Dynamics Trends
12. Asia-Pacific Potash Fertilizers Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
12.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Potassium Chloride (KCL)
12.1.2. Sulfate of Potash (SOP)
12.1.3. Potassium Nitrate
12.1.4. Others
12.2. Crop Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Cereals and Grains
12.2.2. Oilseeds and Pulses
12.2.3. Fruits and Vegetables
12.2.4. Others
12.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Broadcasting
12.3.2. Foliar
12.3.3. Fertigation
12.4. Form Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.4.1. Liquid
12.4.2. Solid
12.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029  by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.5.1. Japan
12.5.2. China
12.5.3. India
12.5.4. ASEAN
12.5.5. Australia & New Zealand
12.5.6. Rest of Asia-Pacific
12.6. Asia-Pacific Potash Fertilizers Market - Opportunity Analysis Index, By Type, By Crop, By Application, By Form and Country, 2023 - 2029
12.7. Asia-Pacific Potash Fertilizers Market Dynamics Trends
13. Latin America Potash Fertilizers Market Analysis, 2018 - 2022 and Forecast, 2022 2028
13.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Potassium Chloride (KCL)
13.1.2. Sulfate of Potash (SOP)
13.1.3. Potassium Nitrate
13.1.4. Others
13.2. Crop Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. Cereals and Grains
13.2.2. Oilseeds and Pulses
13.2.3. Fruits and Vegetables
13.2.4. Others
13.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Broadcasting
13.3.2. Foliar
13.3.3. Fertigation
13.4. Form Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.4.1. Liquid
13.4.2. Solid
13.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029  by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Argentina
13.5.4. Rest of Latin America
13.6. Latin America Potash Fertilizers Market - Opportunity Analysis Index, By Type, By Crop, By Application, By Form and Country, 2023 - 2029
13.7. Latin America Potash Fertilizers Market Dynamics Trends
14. Middle East and Africa Potash Fertilizers Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
14.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.1. Potassium Chloride (KCL)
14.1.2. Sulfate of Potash (SOP)
14.1.3. Potassium Nitrate
14.1.4. Others
14.2. Crop Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.2.1. Cereals and Grains
14.2.2. Oilseeds and Pulses
14.2.3. Fruits and Vegetables
14.2.4. Others
14.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.3.1. Broadcasting
14.3.2. Foliar
14.3.3. Fertigation
14.4. Form Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.4.1. Liquid
14.4.2. Solid
14.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
14.5.1. Gulf Cooperation Council (GCC) Countries
14.5.2. Israel
14.5.3. South Africa
14.5.4. Rest of MEA
14.6. MEA Potash Fertilizers Market - Opportunity Analysis Index, By Type, By Crop, By Application, By Form and Country, 2023 - 2029
14.7. MEA Potash Fertilizers Market Dynamics Trends
15. Competition Landscape 
15.1. Strategic Dashboard of Top Market Players
15.2. Company Profiles (Introduction, Financial Analysis, Product Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
15.2.1. Yara International Asa
15.2.2. Agrium Inc.
15.2.3. Potash Corporation of Saskatchewan Inc
15.2.4. Eurochem Group AG
15.2.5. The Mosaic Company
15.2.6. JSC Belaruskali
15.2.7. Helm AG
15.2.8. Israel Chemicals Ltd.
15.2.9. Sociedad Qua­mica Y Minera De Chile S.A. (SQM)
15.2.10. Borealis AG
15.2.11. Sinofert Holdings Limited
15.2.12. K+S Aktiengesellschaft
16. Research Methodology
17. Key Assumptions and Acronyms

Key Market Players

  • Yara International Asa
  • Agrium Inc.
  • Potash Corporation of Saskatchewan Inc
  • Eurochem Group AG
  • The Mosaic Company
  • JSC Belaruskali
  • Helm AG
  • Israel Chemicals Ltd.
  • Sociedad Química Y Minera De Chile S.A. (SQM)
  • Borealis AG
  • Sinofert Holdings Limited
  • K+S Aktiengesellschaft

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