Global Potash Fertilizers Market to Reach $34.4 Billion by 2030
The global market for Potash Fertilizers estimated at US$25.1 Billion in the year 2022, is projected to reach a revised size of US$34.4 Billion by 2030, growing at a CAGR of 4% over the analysis period 2022-2030. Potassium Chloride, one of the segments analyzed in the report, is projected to record a 4.3% CAGR and reach US$15.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Sulfate of Potash segment is readjusted to a revised 4.4% CAGR for the next 8-year period.The U.S. Market is Estimated at $6.8 Billion, While China is Forecast to Grow at 6.8% CAGR
The Potash Fertilizers market in the U.S. is estimated at US$6.8 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$7.1 Billion by the year 2030 trailing a CAGR of 6.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.1% and 3.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.6 Billion by the year 2030.Select Competitors (Total 38 Featured) -
- Agrium Inc.
- Borealis AG
- Eurochem Group AG
- Helm AG
- Israel Chemicals Ltd.
- JSC Belaruskali
- K+S Aktiengesellschaft
- Potash Corporation of Saskatchewan Inc
- Sinofert Holdings Limited
- Sociedad Química Y Minera De Chile S.A. (SQM)
- The Mosaic Company
- Yara International Asa
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Agrium Inc.
- Borealis AG
- Eurochem Group AG
- Helm AG
- Israel Chemicals Ltd.
- JSC Belaruskali
- K+S Aktiengesellschaft
- Potash Corporation of Saskatchewan Inc
- Sinofert Holdings Limited
- Sociedad Química Y Minera De Chile S.A. (SQM)
- The Mosaic Company
- Yara International Asa
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 91 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 25.1 Billion |
Forecasted Market Value ( USD | $ 34.4 Billion |
Compound Annual Growth Rate | 4.0% |
Regions Covered | Global |