Published Date : Feb 08, 2016
Albany, New York, Feb 08, 2016: MarketResearchReports.biz now features a report that studies the state of the global potash market. The report, titled ‘Global Potash Market Report: 2015 Edition,’ analyzes the trends and opportunities as well as threats that currently prevail in this market. Potassium chloride (KCl) is the most widely found form of potash on the market today.
According to the report, the global potash market is primarily driven by a mounting demand for biofuels and a rise in the global population in general, which has necessitate the production of more food worldwide. This aspect assumes importance when one considers the fact that over 90% of the potash produced worldwide goes into fertilizers. Also, as the demand for oil palm and rice rises, compounded with a shrinkage in arable land owing to the urban sprawl, the need for high-quality fertilizers will naturally rise too. Higher sales of fertilizers will augur well for the demand for potash as well, the report notes.
Furthermore, the report also points toward noteworthy developments and trends that can will influence the future of the global potash market. Among these, the report expects optimizing fertilizer application to be a high-impact growth driver for the global potash market. The report, published in January 2016, is composed of 56 pages.
Emerging countries are expected to act as lucrative markets for the growth of potash consumption. This trend will further support the rebound in potash consumption that is currently being seen worldwide. Despite have a favorable outlook, the global potash market will have to face a few restraints, especially with water scarcity becoming a real worry worldwide. In some instances, oversupply could also hamper the growth of the global potash market, as will the falling prices of crops.
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The markets studied in the global potash market are: Latin America, East Asia, Western Europe, and North America. Within this, the report lays a special emphasis on regional markets such as Brazil, Malaysia, China, the U.S., and India.
The report predicts the growth of the global potash market by using verifiable data from reputable sources. The authors of the report have made use of significant variables that will affect the market’s forward march in one way or another. The report also deploys a regression model created for the purpose of this study to obtain accurate data about the direction in which the market is headed. Of equal importance is studying several independent variables and their relationship with dependent variables – a fact that the report’s authors have not overlooked. The report, composed of numerous tables and charts, creates a holistic view of the global potash market.
Companies that have been profiled in the global potash market report are: Mosaic, Uralkali, The Potash Corporation of Saskatchewan Inc. (PotashCorp), and K+S.
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