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Potash Fertilizers Market Analysis, Top Companies, Demand, Price and Forecast to 2027
Potash Fertilizers Market
Global potash fertilizers market is driven by increasing usage of potash fertilizers in agricultural crops such as oil seeds & pulses, fruits & vegetables, as well as cereals & grains. For instance, according to the article published by World Bank, the total consumption of fertilizer reached 140,553 Kg/ha of arable land in 2016, as compared to 138,958 Kg/ha of arable land in 2014.
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North America potash fertilizer market growth is mainly driven by major market players and their strategies such as mergers and acquisitions, product launches, and partnerships with fertilizer manufacturers. For instance, in 2016, Compass Minerals launched Protassium+ Organic. It is an organic sulphate of potash (SOP), which offers high potassium and plant-available sulphate sulfur. This product is approved for organic food production by various organization such as the Organic Materials Review Institute (OMRI), California Department of Food and Agriculture (CDFA), and USDA National Organic Standards Board (NOSB).
Detailed Segmentation:
Global Potash Fertilizers Market, By Product Type:
Potassium Chloride
Potassium Nitrate
Sulphate of Potash
Global Potash Fertilizers Market, By Composition:
Organic
Inorganic
Global Potash Fertilizers Market, By Form:
Solid
Liquid Soluble Powder
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Key companies covered as a part of this study include Israel Chemicals Ltd., EuroChem Group A.G., Agrium Inc., Uralkali PJSC, Yara International A.S.A., Migao Corporation, Sesoda Corporation, SQM S.A., Brazil Potash Corporation, and K+S KALI GmbH.
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