Pune, India -- (SBWire) -- 10/08/2018 --The given report "Global Potash Market" provides in-depth analysis of the potash market on a global scale with detailed information regarding the key regional markets which includes East Asia, Latin America, North America and West Europe.
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The major trends, growth drivers as well as issues being faced by the industry are being presented in this report. The four major players in the industry, The Mosaic Company, Potash Corporation, K+S AG and Uralkali are being profiled.
Potash is a vitally important element, necessary for the functioning of all living organisms. It is a natural component of soils and, along with phosphorus and nitrogen, an irreplaceable nutrient for plants and agricultural crops. Balanced plant nutrition can only be ensured by regular and timely application of these three main macronutrients. Potash has been used throughout history in the manufacture of glass and soap, but is used primarily as a fertilizer, with 95 % of all potash produced being used in this way, as there is no known substitute that rivals its effectiveness in this capacity. Potassium helps produce healthier, higher yields, and without potassium fertilizer, world production of food, feed and fiber would drop by one-third or more.
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Demand for potash is expected to be stable in the long term, as agriculture remains the key source of food, an important provider of fibre for the textile industry and biofuel for the world's constantly growing population.
The major factor that contributes in the growth of the industry includes rising global population, accelerating economic growth, growing demand for biofuels, improved affordability and lower inventories and growing demand of palm oil and rice. The key trends observed within the industry include optimizing fertilizer application, expansion in emerging market and introduction of new potash projects. However, the industry is also witnessing many hindrances including falling prices of crop and oversupply.
Few Points from List of Charts Provided in Global Potash Market Research Report:
Two ways of Mining Potash
Potash Production Process
Global Potash Consumption by Volume (2015-2021)
Global Potash Consumption Share by Region (2015)
Global Potash Consumption Share by Crops (2015)
Global Potash Production Forecast by Volume (2015-2021)
Global Potash Production Share by Region (2015)
Global Potash Capacity by Volume (2015-2021)
Global Potash Capacity Share by Region (2016)
Global Potash Capacity by Project (2016)
Global Potash Inventory by Region (2016)
East Asia Potash Production and Consumption by Volume (2015-2021)
East Asia Potash Import and Export Trend (2015-2021)
Latin America Potash Production and Consumption by Volume (2015-2021)
Latin America Potash Import and Export Trend (2015-2021)
North America Potash Production and Consumption by Volume (2015-2021)
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Potash Market Global Forecast Analysis 2021 :: MarketReportsOnline.com
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