Feb 7, 2019
Global Potash Ore Market Research Report: By Source (Potassium Chloride, Sodium Chloride), By Application (Agriculture, Chemical, Metallurgical) – Forecast Till 2023
Pune, India - February 7, 2019 /MarketersMedia/ —
Potash Ore Global Market Overview:
The global Potash Ore market has seen a potential growth and expected to rise as the growth of fertilizer industry in the recent years. The rising demand and consumption of food will drive the fertilizer industry thereby; the demand is expected to increase for Potash Ores. North America and Europe are considered as the major market and consumer for organic food. Additionally, rising concern over organic food, increasing disposable income, and growing population are the driving factor which has captured the global Potash Ore market. Along with this, huge population is concerning about healthy food which is one of the major trends in the market.
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Potash was earlier derived as a byproduct of leaching tree ashes in metal pots. It is now derived from underground mines by way of mining. Renewed interest in the potash ore market has led to the commencement of R &D activities on bio fertilizers that are expected to further boost demand for the potash ore industry. On the other hand, health issues arising out of potash fertilizer consumption and fluctuating prices of potash can relatively slow down the growth pace of the industry.
Xanthan Gum Market Key Players:
Potash Company(Canada), Uralkali (Russia), EuroChem Company(Switzerland), Intrepid Potash company (USA), Mining Associates Private Limited (India), Agrium Inc. (USA), JSC Belaruskali, K+S GmbH (Germany), Israel Chemicals (Israel), Elementals Minerals Limited (India), PotashCorp (Canada), Encanto Potash Corp (Canada), and BHP Billiton Ltd (Australia) among others are some of the prominent players at the forefront of competition in the Global Potash Ore Market and are profiled in MRFR Analysis.
Xanthan Gum Market Competitive Landscape:
The global potash ore is a lucrative market and is expected show an increasing CAGR during the forecast period. Potash Company, Uralkali EuroChem Company, Intrepid company, Mining Associates Private Limited, Agrium Inc., JSC Belaruskali, K+S GmbH, are some of the major players operating in the market. These players are adopting various key strategies of market growth. These key players are adopting innovation, product launch, merger and acquisition, collaboration, increased investment in research and development activities and other market survival techniques to cater to the large consumer base and strengthen their position in the market. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies.
Potash Ore Market Segments:
The global potash ores market is segmented on the basis of applications and mineral extracted.
On the Basis of Mineral Extracted: Sodium Chloride, Potassium Chloride and Others.
On the Basis of Application: Agriculture Industry, Chemical Industry, Metallurgical Industry and Others.
On the Basis of Region: North America, Europe, Asia Pacific and ROW.
Potash Ore Market Regional Analysis:
The global potash ore market is segmented into North America, Europe, APAC, and Rest of the World (RoW). Geographically, North America is considered as the largest market for potash ore, followed by Canada. By 2011, Canada had a production capacity of 11.2 million tones. Potash ore is a major fertilizer in agriculture, therefore it has high demand in the European countries such as United Kingdom, France, Germany, Switzerland and others, where the available arable land is more as compared to other regions. However, this factor has boosted growth of the European market. As of now, China and India are the world’s largest consumer of potash ores due to the large arable lands, huge population growth, and large levels of population who are dependent on agriculture.
Xanthan Gum Market Table of Content to be Continue…….,
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Source: MarketersMedia
Release ID: 480499
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