Global potash market to grow at a CAGR of 4.05% by 2015

Research Report on "Global Potash Market 2015-2019" Global potash market to grow at a CAGR of 4.05%, by volume, over the period 2014-2019.

 "Global Potash Market 2015-2019 " by Market Research Store

Our analyst researched the following companies as the key players in the Global Potash Market: Agrium, ICL, Intrepid Potash, K+S, PotashCorp, Qinghai Salt Lake and Uralkali

Other Prominent Vendors in the market are: APC, Belaruskali, Sinofert Holdings, SQM and Vale

Commenting on the report, an our analyst said: “Countries such as Canada and North America are scaling up their investments in potash mining and potash-based fertilizer manufacturing plants. Other countries like Germany, Jordan, China, and Chile are also planning expansions of existing facilities and developments of new facilities.

One more striking trend is the investment by metal and mining majors in the potash market.

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BHP Billiton and Rio Tinto are some of the majors that have already committed significant investments in the potash market. There is also a high possibility of new cartel formation in order to challenge the market power of Canpotex and Uralkali.

Governments of Asian countries are expected to give a major investment boost to the state-owned fertilizer companies and enable them to shop abroad for reserves. Fertilizer majors from Asia and South America are also expected to scale up their cross-border investments in order to gain integrated production facilities and to attain higher profit margins.”

According to the report, biofuels refer to liquid fuels derived from renewable sources. The most common biofuels, ethanol and biodiesel, are derived from crops such as corn, canola, sugarcane, and soybeans.

Rising oil prices and high economic and environmental costs associated with carbon emissions are forcing many organizations to adopt the usage of alternative energy resources such as ethanol and biodiesel. Government mandates related to compulsory blending of automobile fuel are also driving the demand for biofuels and, further, the demand for crops for their production.

Potash fertilizers are heavily used in the production of these crops and, as the demand for biofuels increases, we can expect the acreage for these kind of crops to increase. This is, therefore, expected to positively influence the demand for potash fertilizers and their raw materials.

Further, the report states that the potash market may face some challenges as concerns over the health of humans and the environment are a top priority.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.