The market is driven by the increasing demand for fertilizers. The rapid growth in the global population has increased the demand for food, which has resulted in a significant rise in the number of agricultural activities worldwide. In addition, the shrinking availability of arable land due to rising urbanization and industrialization has compelled farmers to increase the use of fertilizers to enhance the yield per hectare. Thus, with the rising consumption of fertilizers, the demand for potash is expected to increase over the forecast period.
As per Technavio, the increasing global potash production capacity will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2022-2026.
Potash Market: Increasing global potash production capacity
The global demand for potash has been increasing steadily over the years. Globally, potash is produced in amounts exceeding 90 million tons per year, mostly for use in fertilizer. This growing demand potash manufacturers to increase their production capacities. For instance, Belaruskali, one of the major manufacturers of potash, is planning to increase its production capacity for potash fertilizers to 15.9 million tons by 2025. This trend among potash manufacturers will have a positive impact on the growth of the market during the forecast period.
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Potash Market: Segmentation Analysis
This market research report segments the potash market by product (muriate of potash, sulfate of potash, potassium nitrate, and others), end-user (fertilizers, general industrial, and others), and geography (APAC, North America, Europe, South America, and the Middle East and Africa).
The APAC region led the potash market in 2022, followed by North America, Europe, South America, and the Middle East and Africa respectively. During the forecast period, the APAC region is expected to register the highest incremental growth due to the increasing demand for food led by expanding population. Also, the growth in the per capita income of consumers will be supporting the growth of the potash market in APAC over the forecast period. China and India are the major markets for potash in APAC. The market growth in this region will be faster than the growth of the market in other regions.
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Some of the key topics covered in the report include:
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Related Reports:
Potash Fertilizers Market by Crop Type and Geography - Forecast and Analysis 2022-2026
Potassium Nitrate Market by End-user and Geography - Forecast and Analysis 2021-2025
Potash Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.44% |
Market growth 2022-2026 |
USD 21.62 billion |
Market structure |
Fragmented |
YoY growth (%) |
4.11 |
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 51% |
Key consumer countries |
US, Canada, China, India, and Spain |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Agrimin Ltd., Arab Potash Co., Compass Minerals International Inc., EuroChem Group AG, Evergrow, GFS Chemicals Inc., Haifa Group, HELM AG, Intrepid Potash Inc., Israel Chemicals Ltd., JSC Belaruskali, JSC Uralkali, K S AG, Kalium Lakes Ltd., Nutrien Ltd., Sociedad Quimica y Minera de Chile SA, Tessenderlo Group NV, The Mosaic Co., Vale SA, and Yara International ASA |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
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3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 18: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 19: Bargaining power of buyers – Impact of key factors in 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 24: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Product
- 5.1 Market segments
- Exhibit 25: Chart on Product - Market share 2021-2026 (%)
- Exhibit 26: Data Table on Product - Market share 2021-2026 (%)
- 5.2 Comparison by Product
- Exhibit 27: Chart on Comparison by Product
- Exhibit 28: Data Table on Comparison by Product
- 5.3 Muriate of potash - Market size and forecast 2021-2026
- Exhibit 29: Chart on Muriate of potash - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Data Table on Muriate of potash - Market size and forecast 2021-2026 ($ million)
- Exhibit 31: Chart on Muriate of potash - Year-over-year growth 2021-2026 (%)
- Exhibit 32: Data Table on Muriate of potash - Year-over-year growth 2021-2026 (%)
- 5.4 Sulfate of potash - Market size and forecast 2021-2026
- Exhibit 33: Chart on Sulfate of potash - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Data Table on Sulfate of potash - Market size and forecast 2021-2026 ($ million)
- Exhibit 35: Chart on Sulfate of potash - Year-over-year growth 2021-2026 (%)
- Exhibit 36: Data Table on Sulfate of potash - Year-over-year growth 2021-2026 (%)
- 5.5 Potassium nitrate - Market size and forecast 2021-2026
- Exhibit 37: Chart on Potassium nitrate - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Data Table on Potassium nitrate - Market size and forecast 2021-2026 ($ million)
- Exhibit 39: Chart on Potassium nitrate - Year-over-year growth 2021-2026 (%)
- Exhibit 40: Data Table on Potassium nitrate - Year-over-year growth 2021-2026 (%)
- 5.6 Others - Market size and forecast 2021-2026
- Exhibit 41: Chart on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 42: Data Table on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Chart on Others - Year-over-year growth 2021-2026 (%)
- Exhibit 44: Data Table on Others - Year-over-year growth 2021-2026 (%)
- 5.7 Market opportunity by Product
- Exhibit 45: Market opportunity by Product ($ million)
6 Market Segmentation by End-user
- 6.1 Market segments
- Exhibit 46: Chart on End-user - Market share 2021-2026 (%)
- Exhibit 47: Data Table on End-user - Market share 2021-2026 (%)
- 6.2 Comparison by End-user
- Exhibit 48: Chart on Comparison by End-user
- Exhibit 49: Data Table on Comparison by End-user
- 6.3 Fertilizers - Market size and forecast 2021-2026
- Exhibit 50: Chart on Fertilizers - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on Fertilizers - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on Fertilizers - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Fertilizers - Year-over-year growth 2021-2026 (%)
- 6.4 General industrial - Market size and forecast 2021-2026
- Exhibit 54: Chart on General industrial - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on General industrial - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on General industrial - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on General industrial - Year-over-year growth 2021-2026 (%)
- 6.5 Others - Market size and forecast 2021-2026
- Exhibit 58: Chart on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Others - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Others - Year-over-year growth 2021-2026 (%)
- 6.6 Market opportunity by End-user
- Exhibit 62: Market opportunity by End-user ($ million)
7 Customer Landscape
- 7.1 Customer landscape overview
- Exhibit 63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
- 8.1 Geographic segmentation
- Exhibit 64: Chart on Market share by geography 2021-2026 (%)
- Exhibit 65: Data Table on Market share by geography 2021-2026 (%)
- 8.2 Geographic comparison
- Exhibit 66: Chart on Geographic comparison
- Exhibit 67: Data Table on Geographic comparison
- 8.3 APAC - Market size and forecast 2021-2026
- Exhibit 68: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 69: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 70: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 71: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 8.4 North America - Market size and forecast 2021-2026
- Exhibit 72: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 73: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 74: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 75: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 8.5 Europe - Market size and forecast 2021-2026
- Exhibit 76: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 77: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 78: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 79: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 8.6 South America - Market size and forecast 2021-2026
- Exhibit 80: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 81: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 82: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 83: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 8.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 84: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 85: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 86: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 87: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 8.8 China - Market size and forecast 2021-2026
- Exhibit 88: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 89: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 90: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 91: Data Table on China - Year-over-year growth 2021-2026 (%)
- 8.9 US - Market size and forecast 2021-2026
- Exhibit 92: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 93: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 94: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 95: Data Table on US - Year-over-year growth 2021-2026 (%)
- 8.10 Canada - Market size and forecast 2021-2026
- Exhibit 96: Chart on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 97: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 98: Chart on Canada - Year-over-year growth 2021-2026 (%)
- Exhibit 99: Data Table on Canada - Year-over-year growth 2021-2026 (%)
- 8.11 India - Market size and forecast 2021-2026
- Exhibit 100: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 101: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 102: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 103: Data Table on India - Year-over-year growth 2021-2026 (%)
- 8.12 Spain - Market size and forecast 2021-2026
- Exhibit 104: Chart on Spain - Market size and forecast 2021-2026 ($ million)
- Exhibit 105: Data Table on Spain - Market size and forecast 2021-2026 ($ million)
- Exhibit 106: Chart on Spain - Year-over-year growth 2021-2026 (%)
- Exhibit 107: Data Table on Spain - Year-over-year growth 2021-2026 (%)
- 8.13 Market opportunity by geography
- Exhibit 108: Market opportunity by geography ($ million)
9 Drivers, Challenges, and Trends
- 9.3 Impact of drivers and challenges
- Exhibit 109: Impact of drivers and challenges in 2021 and 2026
10 Vendor Landscape
- 10.2 Vendor landscape
- Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
- 10.3 Landscape disruption
- Exhibit 111: Overview on factors of disruption
- 10.4 Industry risks
- Exhibit 112: Impact of key risks on business
11 Vendor Analysis
- 11.1 Vendors covered
- Exhibit 113: Vendors covered
- 11.2 Market positioning of vendors
- Exhibit 114: Matrix on vendor position and classification
- 11.3 Agrimin Ltd.
- Exhibit 115: Agrimin Ltd. - Overview
- Exhibit 116: Agrimin Ltd. - Product / Service
- Exhibit 117: Agrimin Ltd. - Key offerings
- 11.4 Arab Potash Co.
- Exhibit 118: Arab Potash Co. - Overview
- Exhibit 119: Arab Potash Co. - Business segments
- Exhibit 120: Arab Potash Co. - Key offerings
- Exhibit 121: Arab Potash Co. - Segment focus
- 11.5 Evergrow
- Exhibit 122: Evergrow - Overview
- Exhibit 123: Evergrow - Product / Service
- Exhibit 124: Evergrow - Key offerings
- 11.6 Haifa Group
- Exhibit 125: Haifa Group - Overview
- Exhibit 126: Haifa Group - Product / Service
- Exhibit 127: Haifa Group - Key offerings
- 11.7 HELM AG
- Exhibit 128: HELM AG - Overview
- Exhibit 129: HELM AG - Product / Service
- Exhibit 130: HELM AG - Key news
- Exhibit 131: HELM AG - Key offerings
- 11.8 Israel Chemicals Ltd.
- Exhibit 132: Israel Chemicals Ltd. - Overview
- Exhibit 133: Israel Chemicals Ltd. - Business segments
- Exhibit 134: Israel Chemicals Ltd. - Key news
- Exhibit 135: Israel Chemicals Ltd. - Key offerings
- Exhibit 136: Israel Chemicals Ltd. - Segment focus
- 11.9 JSC Belaruskali
- Exhibit 137: JSC Belaruskali - Overview
- Exhibit 138: JSC Belaruskali - Product / Service
- Exhibit 139: JSC Belaruskali - Key offerings
- 11.10 JSC Uralkali
- Exhibit 140: JSC Uralkali - Overview
- Exhibit 141: JSC Uralkali - Business segments
- Exhibit 142: JSC Uralkali - Key offerings
- Exhibit 143: JSC Uralkali - Segment focus
- 11.11 K S AG
- Exhibit 144: K S AG - Overview
- Exhibit 145: K S AG - Business segments
- Exhibit 146: K S AG - Key offerings
- Exhibit 147: K S AG - Segment focus
- 11.12 The Mosaic Co.
- Exhibit 148: The Mosaic Co. - Overview
- Exhibit 149: The Mosaic Co. - Business segments
- Exhibit 150: The Mosaic Co. - Key offerings
- Exhibit 151: The Mosaic Co. - Segment focus
12 Appendix
- 12.2 Inclusions and exclusions checklist
- Exhibit 152: Inclusions checklist
- Exhibit 153: Exclusions checklist
- 12.3 Currency conversion rates for US$
- Exhibit 154: Currency conversion rates for US$
- 12.4 Research methodology
- Exhibit 155: Research methodology
- Exhibit 156: Validation techniques employed for market sizing
- Exhibit 157: Information sources
- 12.5 List of abbreviations
- Exhibit 158: List of abbreviations
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