Global Potash Carbonate Fertilizer Market, By Crop Type (Oil Seeds and Pulses, Fruits and Vegetables, Cereals and Grains, Others), Production Process (Organic, Synthetic), Application (Soil, Foliar, Fertigation, Others), Form (Solid and Liquid Soluble Powder), End User (Agriculture, Industrial, Pharmaceutical, Cosmetics, Foods, Paper, Textile, Chemicals, Personal Car and Others), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Potash Carbonate Fertilizer Market
Data Bridge Market Research analyses that the potash carbonate fertilizer market will project a compound annual growth rate (CAGR) of 6.20% during the forecast period of 2021-2028. Rising technological advancements in the fertilizers, growth and expansion of fertilizers and agricultural industry and increasing use of the fertilizers to improve the quality of agricultural product are attributable to the growth of potash carbonate fertilizer market. This means that the market value, which was USD 0.32 billion in 2020 will climb up to USD 0.517 billion by the year 2028.
Potash carbonate is a result of reaction between liquid caustic potash (our product) and carbon dioxide. This is followed by the filtration process and then by drying. The potash carbonate fertilizer performs similar functions as that of any fertilizer. Potassium carbonates melts at 891 degree Celsius.
Rising awareness about the benefits of potash carbonate fertilizers will multiply their demand in the future. Rising technological advancements in the fertilizer manufacturing process is another factor fostering the growth of potash carbonate fertilizer market. Rising personal disposable income and the overall product of fertilizers and agricultural products market are some other indirect market growth determinants. Rising demand for potash carbonate fertilizer by the various end user verticals is another factor bolstering the market growth rate.
However, volatility in the prices of fertilizers will pose a major challenge to the potash carbonate fertilizer market. Health hazards related to potash carbonate fertilizer will further create hindrances for the market growth.
This potash carbonate fertilizer market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on potash carbonate fertilizer market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Potash Carbonate Fertilizer Market Scope and Market Size
The global potash carbonate fertilizer market is segmented on the basis of crop type, production process, application, form and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on crop type, the potash carbonate fertilizer market is segmented into oil seeds and pulses, fruits and vegetables, cereals and grains and others. Oil seeds and pulses segment is segmented into soybean, canola, sunflower, peas and palm oil and others. Fruits and vegetables segment is segmented into apples, tomatoes, citrus, brassica, berry and others. Cereals and grains segment is segmented into rice, corn, wheat and barley.
- Based on production process, the potash carbonate fertilizer market is segmented into organic and synthetic.
- The potash carbonate fertilizer market is also segmented on the basis of application into soil, foliar, fertigation and others.
- On the basis of form, the potash carbonate fertilizer market is segmented into solid and liquid soluble powder.
- On the basis of end user, the potash carbonate fertilizer market is segmented into agriculture, industrial, pharmaceutical, cosmetics, foods, paper, textile, chemicals, personal car and others.
Potash Carbonate Fertilizer Market Country Level Analysis
The global potash carbonate fertilizer market is analyses and market size, volume information is provided by country by crop type, production process, application, form and end user as referenced above.
The countries covered in the potash carbonate fertilizer market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Asia-Pacific dominates the potash carbonate fertilizer market and will continue to dominate during the forecast period. This is because of the growth and expansion of fertilizers industry and agricultural products industry in this region. Developing economies such as India has emerged to be the major contributor from this region. Prevalence of major key players in this region coupled with increased expenditure for research and development proficiencies is another factor bolstering the market growth rate in this region.
The country section of the potash carbonate fertilizer market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Potash Carbonate Fertilizer Market Share Analysis
The global potash carbonate fertilizer market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to potash carbonate fertilizer market.
The major players covered in the potash carbonate fertilizer report are Tessenderlo Group, Compass Minerals., UNITED CO. FOR FERTILIZERS & CHEMICALS, Yara, SESODA CORPORATION, K+S Minerals and Agriculture GmbH, SQM S.A., Migao Corporation, Kemira, Mosaic, Intrepid Potash, SOPerior Fertilizer Corp., Shijiazhuang Hehe Chemical Fertilizer Co., Ltd, Shandong Lianmeng Chemical Group Co,Ltd., Nutrien Ltd., EuroChem Group, ??? “?????????????”, HELM AG, ICL Fertilizers and Borealis AG., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
SKU-