New Study: Global Potash Fertilizers Market 2021 Size, Growth Analysis Report, Forecast to 2027

The global Potassium Fertilizer market is expected to register a CAGR of 4.8% during the forecast period (2021-2026). The impact of the COVID-19 pandemic on the Potassium Fertilizer market was minimal, mainly due to transportation barriers. There was no impact from the coronavirus outbreak as the government exempted the lockdown restrictions for all types of agricultural activities. In fact, agrochemical companies have posted double-digit returns compared to last year due to panic buying behavior by farmers. Worldwide reserves of potassium are estimated at around 210 billion metric tons of potassium oxide, of which 16 billion metric tons can be recovered using existing technologies. Of the 16 billion metric tons, Canada holds 10 billion metric tons of deposits, most of them in Saskatchewan. Russia and Belarus hold 2.2 billion tonnes and 1 billion tonnes respectively, and these three countries dominate the global potassium supply, directly controlling the price of potassium fertilizer. Potassium is a key nutrient that plants need in high doses. This element controls the opening and closing of the pores and thus the absorption of carbon dioxide. Potassium is also important for enzyme activation and other functions such as ATP (Adenosine Triphosphate) production.

A full report of Potash Fertilizers Market available at https://www.orionmarketreports.com/potash-fertilizers-market/55003/

Potash Fertilizers Market: Segmentation

By Type

• Muriate of Potash
• Sulfate of Potash
• Other Types

By Application

• Grains & Cereals
• Pulses & Oilseeds
• Commercial Crops
• Fruits & Vegetables
• Other Applications

Major Players

• Uralkali PJSC
• Nutrien Limited
• The Mosaic Company
• K+S Group
• ICL Group

The report covers the following objectives:

• Proliferation and maturation of trade in the Potash Fertilizers Market.
• The market share of the Potash Fertilizers Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Potash Fertilizers Market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Potash Fertilizers Market.

Key Questions Answered by Potash Fertilizers Market Report

• What was the Potash Fertilizers Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Potash Fertilizers Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Potash Fertilizers Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

This release was published on openPR.