Potash Ore Market

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Potash Ore MARKET 2020
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Potash Ore MARKET 2020
Potash Ore Market 2020 Industry Survey, Growth,
CompetitiveLandscape and Forecasts to 2023
Potash ore is used in a wide range of
applications that play an important role in
developing fruits, plants, vegetables, and
others. Owing to these factors, they are used in
the heavy end industries such as agriculture,
chemical, metallurgical, and others. The global
potash ore market is spanned across five regions
of the world namely Asia Pacific, Europe, North
America, Latin America, and the Middle East
Africa. Among these, North America holds the
major share of the global market and is projected
to continue leading, owing to the increasing
consumption of the product in agriculture,
chemical, metallurgical, and others. It is
estimated that the agriculture segment is set to
observe the highest CAGR in the market due to
growing use of the product in the production of
fertilizers, and others. The increasing demand
for the product in chemical and metallurgical
sectors have propelled the market to witness a
rapid growth during the forecast period. These
factors led the U.S., Canada, and Mexico to be
the leading players in this region.
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Potash Ore MARKET 2020
Market Segmentation The global potash ore
market is segmented into the source and
application. On the basis of the source, the
market is segregated into potassium chloride,
sodium chloride, and others. On the basis of
application, the market is bifurcated into
agriculture, chemical, metallurgical, and
others. Enquiry of the Report
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Potash Ore MARKET 2020
Regional Analysis
The Asia Pacific market is expected to grow at a
higher CAGR due to extensive consumption of the
product in end-use industries such as
agriculture, chemical, metallurgical, and others.
The growing demand for hygienic food and changing
lifestyles is projected to fuel the market in the
coming years. China, Japan, and India have
achieved a significant stage in the market due to
rising per capita income and high disposable
income in the end-use industries. Therefore, the
growing demand for the product in end-use sectors
is estimated to drive the market during the
forecast period. A notable development is
achieved in Europe due to the growing demand for
organic food, in hotels and restaurants. Potash
ore is used for the production of fertilizers,
and other chemical compounds. Moreover, the
growing innovation and technological advancement
have propelled the market to witness a higher
growth. Owing to these factors, countries such as
Germany, the U.K., and Italy are the major
contributors to this market. A considerable
development is predicted in the Latin American
region such as in Brazil, Uruguay, and Argentina
due to growing production capacity and demand for
potash ore in agriculture industries. Moreover, a
rapid development is estimated in the Middle East
African region such as Qatar, the U.A.E, and
others due to extensive use of the product in
major industries.
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Potash Ore MARKET 2020
Application Major Players in this Research
Potash Ore Market Prominent Players Some of the
well-known players operating in the global potash
ore market are EuroChem (Switzerland), Intrepid
Potash, Inc. (U.S.), Uralkali (Russia), Mining
Associates (India), Nutrien Ltd (Canada), JSC
Belaruskali (Belarus), KS KALI GmbH (Germany),
ICL (Israel), Kore Potash Limited (Australia),
and Encanto Potash Corp. (EPO) (Canada) among
others.
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