Industrial Research Reports Potash Fertilizers Market

Potash Fertilizers Market - Size, Share, Outlook, and
Opportunity Analysis, 2018 - 2026
Potash Fertilizers Market, By Product Type (Potassium Nitrate, Sulphate of Potash,
Potassium Chloride, and Others), By Form (Liquid and Solid), and By Crop Type (Oil
seeds & Pulses, Fruits & Vegetables, Cereals & Grains, and Others) – Global Industry
Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026
Fertilizers are used to maintain soil fertility and enhance crop yield. In addition to phosphorus and
nitrogen, potassium is an important element responsible for plant growth. Lack of potassium lowers
resistance of plants against several diseases and draught, bringing down the overall quality of the
crops. These factors have led to an increase in the demand for potash fertilizers globally. Furthermore,
there are three major grades of potash fertilizers available, which includes potassium chloride,
potassium sulfate, and potassium nitrate among others.
Key factors increasing the demand for potash fertilizers include rising demand for increased crop
productivity on limited landscape and the growing acceptance of potash fertilizers, owing to its high
nutrient content. Potash fertilizers help to improve the flavor and color of fruits, and also has the ability
to increase their size. Low chloride content in potassium chloride fertilizers helps in improving the yield
by providing disease resistance to crops. Furthermore, the potassium sulfate fertilizers provide both
sulfur and potassium in soluble form, and is the most preferred grade of potash fertilizers, where the
irrigation water have high chloride content. Wide availability of various grades of potash fertilizers is
another major factor that is boosting growth of the market.
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Major players operating in the potash fertilizers market include Israel Chemicals Ltd., Agrium Inc.,
EuroChem Group A.G., Uralkali PJSC, The Mosaic Company, Yara International A.S.A., Migao
Corporation Chemicals, SQM S.A., Sesoda Corporation, Brazil Potash Corporation, and K+S KALI
GmbH. In 2015, the Migao Corporation Chemicals had launched a new compound fertilizer facility in
Southern China. The compound fertilizer is a combination of potassium sulfate, potassium nitrate, and
other crop nutrients.