Global Potash Fertilizers Market Size & Outlook, 2022-2030
Global potash fertilizers market, 2018-2030 (US$M)
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Global potash fertilizers market highlights
- The global potash fertilizers market generated a revenue of USD 17,271.7 million in 2022 and is expected to reach USD 24,966.0 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 4.7% by 2030.
- In terms of segment, muriate of potash (mop) accounted for a revenue of USD 16,307.7 million in 2022.
- Sulfate of Potash (SOP) is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Latin America was the largest revenue generating market in 2022.
- Country-wise, Australia is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 17,271.7 million |
| Market revenue in 2030 | USD 24,966.0 million |
| Growth rate | 4.7% (CAGR from 2022 to 2030) |
| Largest segment | Muriate of potash (mop) |
| Fastest growing segment | Sulfate of Potash (SOP) |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Muriate of Potash (MOP), Sulfate of Potash (SOP) |
Other key industry trends
- In terms of revenue, the North America accounted for 20.1% of the global potash fertilizers market in 2022.
- By country, the Brazil is projected to lead the global market in terms of revenue in 2030.
- By country, Australia is the fastest growing regional market and is projected to reach USD 329.6 million by 2030.
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Potash Fertilizers Market Scope
Potash Fertilizers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ICL Group Ltd | View profile | 13350 | 23 Aranha Street, P.O. Box 20245, Millennium Tower, Tel-Aviv, Israel, 61202 | https://www.icl-group.com |
| CF Industries Holdings Inc | View profile | 2700 | 2375 Waterview Drive, Northbrook, IL, United States, 60062 | https://www.cfindustries.com |
| Yara International ASA | View profile | 18000 | Drammensveien 131, Oslo, Norway, 0277 | https://www.yara.com |
| The Mosaic Co | View profile | 14049 | 101 East Kennedy Boulevard, Suite 2500, Tampa, FL, United States, 33602 | https://www.mosaicco.com |
| Nutrien Ltd | View profile | 25900 | 211 19th Street East, Suite 1700, Saskatoon, SK, Canada, S7K 5R6 | https://www.nutrien.com |
Global potash fertilizers market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to potash fertilizers market will help companies and investors design strategic landscapes.
Muriate of potash (mop) was the largest segment with a revenue share of 94.42% in 2022. Horizon Databook has segmented the Global potash fertilizers market based on muriate of potash (mop), sulfate of potash (sop) covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Potash Fertilizers Product Outlook (Revenue, USD Million, 2018-2030)
- Urea
- Methylene Urea
- Ammonium Nitrate
- Ammonium Sulfate
- Ammonia
- Calcium Ammonium Nitrate
- Others
- Monoammonium Phosphate (MAP)
- Diammonium Phosphate (DAP)
- Single Superphosphate (SSP)
- Triple Superphosphate (TSP)
- Muriate of Potash (MOP)
- Sulfate of Potash (SOP)
- Global Potash Fertilizers Application Outlook (Revenue, USD Million, 2018-2030)
- Cereals & Grains
- Oilseeds & Pulses
- Fruits & Vegetables
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global potash fertilizers market , including forecasts for subscribers. This global databook contains high-level insights into Global potash fertilizers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global potash fertilizers market size, by region, 2018-2030 (US$M)
Top 10 countries: Potash fertilizers market size, 2022 (US$M)
Global potash fertilizers market share, by product, 2022 & 2030 (%, US$M)
Potash fertilizers market: Opportunity assessment by country
Global potash fertilizers market, by region, 2022 (US$M)
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