About Potassium Chloride Market
Potassium chloride is a metal halide salt that readily dissolves in water. It is white, odorless, and has a crystalline appearance. Potassium chloride closely resembles common salt in appearance and is soluble in water, alkalis, and alcohol. Moreover, potassium chloride is used as a source of potassium supplement in agriculture. Low levels of potassium can result in brown scorching, curling of leaf tips, and chlorosis in plants among others. It can affect the growth of plants and the development of roots, seeds, and fruits.
The growth in demand for fertilizers from the agricultural industry is estimated to be one of the major factors driving the potassium chloride market during the forecast period. The growing demand for food crops from rapidly rising populations around the world is exerting pressure on the agricultural industry to produce better yield per unit area of cultivated land. This, in turn, is increasing the demand for fertilizers such as potassium chloride, which can help drive the crop yield.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Potassium Chloride Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The report, Global Potassium Chloride Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
Category constraints
Procurement best practices
Key questions answered in this report
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Potassium chloride is a metal halide salt that readily dissolves in water. It is white, odorless, and has a crystalline appearance. Potassium chloride closely resembles common salt in appearance and is soluble in water, alkalis, and alcohol. Moreover, potassium chloride is used as a source of potassium supplement in agriculture. Low levels of potassium can result in brown scorching, curling of leaf tips, and chlorosis in plants among others. It can affect the growth of plants and the development of roots, seeds, and fruits.
The growth in demand for fertilizers from the agricultural industry is estimated to be one of the major factors driving the potassium chloride market during the forecast period. The growing demand for food crops from rapidly rising populations around the world is exerting pressure on the agricultural industry to produce better yield per unit area of cultivated land. This, in turn, is increasing the demand for fertilizers such as potassium chloride, which can help drive the crop yield.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Potassium Chloride Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The report, Global Potassium Chloride Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
- The growth in world population
- For a full, detailed list, view our report
Category constraints
- The threat of product adulteration
- For a full, detailed list, view our report
Procurement best practices
- Engage with suppliers that have adopted digital technologies in their operations
- For a full, detailed list, view our report
Key questions answered in this report
- What are the market dynamics?
- What are the key market trends?
- What are the category growth drivers?
- What are the constraints to category growth?
- Who are the suppliers in this market?
- What are the demand-supply shifts?
- What are the major category requirements?
- What are the procurement best practices in this market?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 1: CATEGORY AT A GLANCE- TAKEAWAY 01 - Market Overview
- TAKEAWAY 02 - Demand and Supply Snapshot
- TAKEAWAY 03 - Key Market Dynamics
- TAKEAWAY 04 - Supply Market Highlights
- TAKEAWAY 05 - Pricing Insights
- TAKEAWAY 06 - Procurement Insights
PART 2: SCOPE OF THE REPORT
- Category Definition
- Research Methodology
PART 3: MARKET INSIGHTS
- Category Spend Analysis
- Category Maturity by Regions
- Demand-Supply Shifts
- Regional Demand-Supply Snapshot
- Market Developments
- Regional Impact of Trends
- Key Category Growth Drivers and Corresponding Regional Impacts
- Major Category Growth Constraints and Corresponding Regional Impacts
- Key Current Technological Innovations
- Major Regulatory Frameworks
- Strategic Sustainability Practices
- Porter’s Five Forces
- PESTLE Analysis
PART 4: SUPPLY MARKET INSIGHTS
- Supplier Operational Capability Matrix
- Other Prominent Suppliers by Region: Operational Capability Matrix
- Supplier Functional Capability Matrix
- Other Prominent Suppliers by Region: Functional Capability Matrix
- Key Clients/Partners
- Supplier Cost Breakup
- Supplier Positioning Matrix
PART 5: PRICING INSIGHTS
- Pricing Models Snapshot
- Pricing Models - Pros and Cons
- Indicative Pricing
PART 6: PROCUREMENT INSIGHTS
- Major Category Requirements
- Major Procurement Pain Points
- Category Sourcing Evolution Matrix
- Procurement Best Practices
- Cost-saving Opportunities
- Supplier Selection Criteria
- Category Negotiation Strategies
- SLA Terms
- Supplier Evaluation Criteria
- Category Risk Analysis
PART 7: TOP FIVE SUPPLIERS
- Agrium
- Uralkali
- ICL
- PotashCorp
- K+S
PART 8: APPENDIX
- Glossary
- Key Notes
- About
Executive Summary
New Report Released: Global Potassium Chloride Category - Procurement Market Intelligence Report 2018-2022.The author of the report recognizes the following companies as the key suppliers in the Global Potassium Chloride Category - Procurement Market Intelligence Report: Agrium, Uralkali, ICL, PotashCorp, and K+S.
Commenting on the report, an analyst from the research team said: “One of the procurement best practices for buyers is to develop a supply base consisting of multiple suppliers.”
According to the report, one of the key growth contributors for the global potassium chloride market is the rise in demand for fertilizers from the agricultural industry.
Further, the report states that a major procurement challenge experienced by the buyers is the difficulty in assessing conformation with employee health and safety norms by suppliers.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains actionable insights to improve source-to-contract cycle performance in addition to a PESTLE analysis.
Companies Mentioned
- Agrium
- Uralkali
- ICL
- PotashCorp
- K+S
Methodology
LOADING...
