Potash Ores Market

Potash Ores Market: Global Industry Analysis and Opportunity Assessment 2016-2026

  • Ongoing
  • August 2020
  • REP-GB-1493
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Potash Ores Market
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This Potash Ores market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Potash Ores market.

Potash ores are raw materials which are used for manufacturing potash, fertilizers and other chemicals. It usually consists of sodium chloride (halite), potassium chloride (sylvite), silicate, anhydrite and carbonate. Potash ores are processed by hot leaching with crystallization of salts of potash from unsaturated salt brines. Some of the commonly used ore processing methods include chemical methods such as hot leaching and mechanical methods such as floatation. The floatation processing method is dependent upon the capacities of sylvite and halite surface which is to be moistened with water by the addition of acting chemicals such as surfactants. The method of hot leaching is dependent upon the physiochemical properties of potassium chloride, sodium chloride and water. The main principle in this method is the temperature difference between sylvite and halite. This method is implemented for manufacturing potassium chloride in granular and white crystalline form, which can be painted reddish pink.

Global Potash Ores Market: Drivers and Restraints

Market Growth Analysis

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

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Global demand for potash ores is expected to rise significantly with the growth of the fertilizer industry over the next few years. In addition, rising consumption of organic food is expected to drive the demand for potash fertilizers, thereby boosting the potash ore market over the next few years. North America and Europe are the largest consumers of organic foods. Significant growth is expected in the Asia-Pacific region over the next few years on account of rising disposable incomes of consumers and an inclining trend towards healthy food. However, rising health concern from the consumption of potash fertilizers as well as fluctuating prices of potassium chloride is expected to slow down the growth of the market. Demand for food and animal feed has been on the rise since 2000 with growing disposable incomes in developing economies being a major factor in the growing potash and fertilizer use. However, after years of showing an upward growth trajectory, fertilizer use experienced a significant decline in 2008. The global economic downturn has been the primary cause for decreased potash use as well as the declining prices, which caused instability in crop and raw material prices and fuelled uncertainty in the farming community. Increasing use of potash as potash mobilizing biofertlizers is expected to provide new opportunities for the growth of the market.

Global Potash Ores Market: Segmentation

Global potash ore is segmented into type of mineral extracted and End-Use Industry

Global Potash Ores Market: Regional Outlook

Growth of the fertilizer industry has been one of the major factors driving the demand for potash ores. The global outlook for the fertilizer industry shows a positive growth, resulting from a progressive demand for phosphate and potassium demand in Asia Pacific. Although agricultural prices have been under pressure, they are anticipated to remain attractive stimulating fertilizer applications leading to the growth of the industry. Demand for potash ores is expected to witness a noticeable increase in every region except North America, due to the expected drop in crop prices and residual effect of nutrient applications leading to a decline in consumption. Future market growth is expected to be significant from emerging regions such as Asia Pacific as a result of improvements in fertilizer practices by Indian farmers. As per The International Fertilizer Industry Association, more than 25 potash expansion projects have been intended by manufacturers between from 2013 to 2017.

Global Potash Ores Market: Market Players

Elementals Minerals Limited, Agrium Inc., PotashCorp, JSC Belaruskali, Uralkali, K+S GmbH, and Israel Chemicals Ltd. are some of the key players present in the potash ore market.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors, along with market attractiveness within the segments. The report also maps the qualitative impact of various market factors on market segments and various geographies.

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights.

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On the basis of mineral extracted, the global potash ore market is segmented as below:

  • Potassium Chloride
  • Sodium Chloride
  • Others

On the basis of End-Use Industry, the global potash ore market is segmented as below:

  • Agriculture
  • Metallurgical
  • Chemical
  • Others

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types and applications. The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Value Chain

Regional analysis includes:

  • North America
  • Latin America
  • Asia Pacific
  • Japan
  • Western Europe
  • Eastern  Europe
  • Middle East & Africa

Report highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint
Frequently Asked Questions

What research methodology is used to develop the Potash Ores Market report?
  • FMI utilizes three branched methods to derive market measurements used to compile any report study (data derivation, triangulation and validation).
  • These approaches include accumulating data from both primary and secondary sources
  • Primary research involves interviews with industry operators and FMI's network of contacts spanning the world's value chain of the Potash Ores Market. This is supported by a comprehensive literature analysis of information gathered through secondary sources
  • Analysis of several middle market stakeholders for country-wise data

In addition to up-to-date market figures and customized of the Potash Ores Market, FMI offer consulting services to help businesses within industry navigate challenges and take well-informed decisions amidst the breakneck competition.

  • Most of the competitors are segregated according to their market share in 'Tier' wise statures.
  • Global market participants are scrutinized and global competition metrics are included with numerous competitor profiles referring to their business background and go-to market strategies.
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