The Growth of Potash Industry in Agriculture Sector

Orbis Research announces Addition of New "Global Potash Market: Industry Analysis and Outlook (2017-2021)" Report to its Database. The report "Global Potash Market" provides in-depth analysis of the potash market on a global scale.

Pune, Maharashtra, May 29, 2017 /India PRwire/ -- 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.

Browse Report Details at: http://www.orbisresearch.com/reports/index/global-potash-market-industry-analysis-and-outlook-2017-2021

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.

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.

The four major players in the industry, The Mosaic Company, Potash Corporation, K+S AG and Uralkali are being profiled.

Major Points Covered in Report:

  1. Potash Market - An Overview
  2. Global Potash Market Analysis by Volume, Crops, Regions, Project etc
  3. Regional Market Analysis
  4. Market Dynamics - Growth Drivers, Market Trends, Challenges
  5. Competitive Landscape
  6. Company Profiles

Notes to Editor

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