Title: Potash Ores Market
1Potash Ores Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- Potash Ores Market size is forecast to reach US
1.5 billion by 2026, after growing at a CAGR of
3.2 during 2021-2026. - Globally, the increasing demand for potash ores
typically rich in potassium chloride (KCl), sodium
chloride (NaCl) and other salts and clays, is
driven by the growth of the fertilizer industry.
The potash is an effective fertilizer intended
for crop and plant nutrition.
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- Key Takeaways
- APAC region dominated the potash ores market due
to the increasing demand for potash ores
typically composed of sylvite and halite, from
various end use industries owing to the expected
decrease in crop prices and the residual effect
of nutrient applications contributing to a drop
in consumption. - Increasing usage of potash ore in fertilizers to
improve the appearance of the crop and reduce the
incidence of pests and diseases is henceforth
driving the potash ore market development. - The need to participate in innovative
agricultural production strategies and to reduce
the dependency on manual labor has fueled the
market for potash ores globally.
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By Distribution Channel- Segment
Analysis Muriate of Potash (MoP) segment holds
the largest share in the potash ores
market. Muriate of Potash (MoP), also known as
potassium chloride, contains 60 percent potash.
Potash is important for the growth and quality of
plants. It plays a crucial function in the
development of protein and sugar as well. Since
muriate of potash (MoP) mixes well with most
fertilizers and is easy to handle and store the
demand for muriate of potash from the fertilizer
industry is rising. It also defends against
draught by preserving the water content of
plants, which in turn is helpful for
photosynthesis as leaf maintain their
shape/strength.
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- Potash Ores Market Industry Outlook
- KS GmbH,
- Agrium Inc.,
- BHP Billiton Ltd.,
- PotashCorp,
- EuroChem,
- Elementals Minerals Limited,
- Encanto Potash Corp.,
- Intrepid Potash, Mining Associates, and
- Uralkali
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Potash Ores Market- Forecast(2021 -
2026) Learn More About the Report _at_
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Market-Research-501519
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