Press release
Global Liquid Potassium Fertilizers Market Worth $2.45 Billion by 2029, Growing at 5.7% CAGR
Liquid Potassium Fertilizers Market Size
Liquid Potassium Fertilizers Market Outlook: What Size And CAGR Are Anticipated By 2025?
The market for liquid potassium fertilizers has seen steady growth over the recent years. It's projected to rise from $1.9 billion in 2024 to $1.96 billion in 2025, with a compound annual growth rate (CAGR) of 3.1%. This growth during the historic period is due to factors such as the rise in global population, intensification of farming practices, changing dietary habits, adoption of water-soluble fertilizers, and emphasis on improving crop yield and quality.
What Is the Expected CAGR for the Liquid Potassium Fertilizers Market Growth Through 2029?
The market for liquid potassium fertilizers is projected to experience significant expansion in the forthcoming years, with estimates predicting its value to reach $2.45 billion in 2029, reflecting a compound annual growth rate (CAGR) of 5.7%. The anticipated growth over the forecast period may be due to the worldwide growth in agriculture, the increasing demand for high-worth crops, environmental sustainability issues, the uptake of precision agriculture, and governmental efforts in the agricultural sector. Key trends in the forecast period constitute the market growth in emergent agricultural territories, the utilization of drip irrigation systems, government endorsements encouraging sustainable agriculture, investments directed towards research and development, and improved efficiency of nutrient uptake.
Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/liquid-potassium-fertilizers-global-market-report
What Are the Primary Drivers Behind Liquid Potassium Fertilizers Market Growth?
The liquid potassium fertilizers market is expected to expand due to the increasing necessity for agrochemicals. Agrochemicals are chemicals utilized in agricultural procedures to boost crop yield, protect crops from pests, diseases, and weeds, and to conserve harvested crops. This broad category encompasses fertilizers, pesticides, herbicides, insecticides, fungicides, among other farming chemicals. Liquid potassium fertilizers, a key type of agrochemicals, contribute potassium - a critical nutrient to plant growth and maturation. Key plant processes such as photosynthesis, maintenance of water balance, and enzyme activation rely on potassium. A lack of potassium could result in hindered growth, diminished crop yield, and substandard crops. This situation escalates the demand for liquid potassium fertilizers. For example, Agronews, a Chinese agrochemical news outlet, reported in October 2023 that the total pesticide sales from the top 20 companies hit US$85.762 billion in the 2022 fiscal year, marking an 18.18% rise from US$72.569 billion in the year before. As such, the increasing demand for agrochemicals is pushing the growth of the liquid potassium fertilizers market.
Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10741&type=smp
What Are the Key Segments Driving Liquid Potassium Fertilizers Market Growth?
The liquid potassium fertilizers market covered in this report is segmented -
1) By Nutrient Type: Sulfate Of Potash, Potassium Acetate, Potassium Chloride, Potassium Nitrate, Potassium Carbonate, Potassium Citrate, Potassium Format
2) By Type: Organic, Synthetic
3) By Crop Type: Cereals And Grains, Fruits And Vegetables, Oilseeds And Pulses, Other Crop Types
4) By Mode Of Application: Soil, Foliar, Fertigation, Other Mode Of Applications
Subsegments:
1) By Sulfate of Potash: Standard Grade, Specialty Grade
2) By Potassium Acetate: Industrial Grade, Agricultural Grade
3) By Potassium Chloride: Muriate of Potash (MOP), Granular Potassium Chloride
4) By Potassium Nitrate: Crystal Potassium Nitrate, Liquid Potassium Nitrate
5) By Potassium Carbonate: Food Grade, Industrial Grade
6) By Potassium Citrate: Anhydrous Potassium Citrate, Dihydrate Potassium Citrate
7) By Potassium Format: Liquid Form, Granular Form
What Are the Technological Trends Impacting the Liquid Potassium Fertilizers Market?
Leading firms in the liquid potassium fertilizer sector are focusing on strategic investments like facility expansions to enhance their market profitability. Such expansions pertain to the strategic upgrading, or physical expansion, of existing facilities to meet increased demand, operational requirements, or augmented capabilities. For instance, in September 2023, a specialty fertilizer and biostimulant producer based in the Netherlands, Van Iperen International B.V., announced plans to upgrade the GreenSwitch Nitrate Plant, located at the Agro Energie Hardenberg biogas facility in the Netherlands. Currently, this facility produces the first liquid potassium nitrate fertilizer, possessing almost zero carbon footprint, using an organic nitrogen source. Targeted for completion in 2024, the expansion project has goals to improve efficiency, increase capacity by installing a second bioreactor from Pure Green Agriculture. Van Iperen International, through this strategic measure, aims to diversify its sustainable nitrate fertilizer products and start the production of nitric acid in addition to liquid potassium nitrate. The expansion effort is backed by the DEI+ subsidy, a part of the Dutch Ministry of Economic Affairs and Climate Policy's initiative to support pioneering Dutch projects in sustainable energy and energy conservation.
Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=10741&type=smp
Who Are the Major Competitors in the Global Liquid Potassium Fertilizers Market?
Major companies operating in the liquid potassium fertilizers market include Yara International Asa, Agro Liquid, Nufarm Ltd., Nutrien Ltd., EuroChem Group AG, Sociedad Química y Minera de Chile, The Mosaic Company, Israel Chemical Ltd., Foxfarm Soil And Fertilizer Co., Kugler Company, K+S Aktiengesellschaft, Compo Expert GmbH, Haifa Group, Helm AG, Sinofert Holdings Limited, Van Iperen International, Plant Food Company Inc., Miller Chemical & Fertilizer LLC, Nachurs Alpine Solutions, Agzon Agro, Plant Fuel Nutrients LLC, Nutri-Tech Solutions, Valagro SPA, Uralchem Holding PLC
Which Region Dominates the Liquid Potassium Fertilizers Market Share in 2025?
Asia-Pacific was the largest region in the liquid potassium fertilizers market in 2024. The regions covered in the liquid potassium fertilizers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Speak With Our Expert:
Saumya Sahay
Americas +1 310-496-7795,
Asia +44 7882 955267 & +91 8897263534,
Europe +44 7882 955267
Email: saumyas@tbrc.info
The Business Research Company - www.thebusinessresearchcompany.com
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Liquid Potassium Fertilizers Market Worth $2.45 Billion by 2029, Growing at 5.7% CAGR here
News-ID: 4159949 • Views: …
More Releases from The Business Research Company
Road Maintenance Market Expected to Achieve 5.7% CAGR by 2029: Growth Forecast I …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Road Maintenance Market Size By 2025?
In recent times, there has been a significant increase in the size of the road maintenance market. It's projected to expand from $14.55 billion in 2024 to $15.34 billion in 2025, with a compound annual growth rate (CAGR) of…
Navigating the Future: Aggregate In Road Construction Market Trends and Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Aggregate In Road Construction Market Size Growth Forecast: What to Expect by 2025?
The total market size for aggregate in road construction has seen a swift surge in the past few years. It is projected to rise from $828.16 billion in 2024 to reach $928.75 billion in 2025, with…
Technological Advancements In Low-Carbon Construction Materials Industry Trends …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Low Carbon Construction Materials Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
There has been a robust growth in the size of the low carbon construction materials market in recent years, expanding from $259.42 billion in 2024 to an expected $281.84 billion in 2025. This…
Impact Of Increasing Construction Activities On The Crane And Hoist Market: Stre …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Crane And Hoist Market Through 2025?
In recent times, there has been a consistent increase in the size of the crane and hoist market. Anticipated growth is from $32.33 billion in 2024 to $33.81 billion in 2025, representing a compound annual growth…
More Releases for Potassium
Potassium Cocoate Sales Market Size Analysis by Application, Type, and Region: F …
According to Market Research Intellect, the global Potassium Cocoate Sales market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The potassium cocoate sales market is witnessing steady growth, driven by rising demand for natural and biodegradable…
Raltegravir Potassium Sales Market Size Analysis by Application, Type, and Regio …
According to Market Research Intellect, the global Raltegravir Potassium Sales market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The global incidence of HIV/AIDS and the continuous need for potent antiretroviral treatments are the main factors…
Global Potassium Sulfite Solution Market Size by Application, Type, and Geograph …
USA, New Jersey- According to Market Research Intellect, the global Potassium Sulfite Solution market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The potassium sulfite solution market is projected to grow steadily from 2025 to 2032, with a strong Compound Annual Growth Rate (CAGR). This growth…
Sodium Potassium Titanate Market
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global Sodium Potassium Titanate market is anticipated to grow at a compound annual growth rate (CAGR) of 16.67% between 2024 and 2031. The market is expected to grow to USD 6.68 Billion by 2024. The valuation is expected to reach USD 19.66 Billion by 2031.
The Sodium Potassium Titanate market is poised for growth due to its expanding applications in industries such as…
Potassium Bicarbonate Price Trend Report
Potassium bicarbonate is a versatile compound used across various industries, including agriculture, food, pharmaceuticals, and fire safety. Its chemical composition (KHCO₃) makes it an effective ingredient for neutralizing acids and a key component in food additives, fertilizers, and fire extinguishers. Due to its broad range of applications, understanding the price trends of potassium bicarbonate is crucial for industries reliant on its consistent supply. This blog will explore the recent price…
Potassium Gluconate Market
Allied Market Research (USA, Oregon, Portland) Published Latest Report titled, ‘Potassium Gluconate Market: Global Opportunity Analysis and Industry Forecast 2020-2027’.
The Potassium Gluconate Market is expected to witness growth in upcoming years due to factors such as increase in target patient population, which mostly includes patients suffering from cancer, tuberculosis and cardiovascular diseases.
This market research study determines the increase in changes and the aspects which are likely to have an impact…
