Global Potash Fertilizers Market Size & Outlook
The potash fertilizers industry worldwide is expected to reach a projected revenue of US$ 24,966.0 million by 2030. A compound annual growth rate of 4.7% is expected of the worldwide potash fertilizers industry from 2023 to 2030.
Revenue, 2022 (US$M)
$17,271.7
Forecast, 2030 (US$M)
$24,966.0
CAGR, 2023 - 2030
4.7%
Report Coverage
Worldwide
Global potash fertilizers market, 2018-2030 (US$M)
Related Markets
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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 segmentation & scope
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)
U.S.
Canada
Mexico
Germany
UK
France
Russia
Belgium
China
India
Australia
Indonesia
Thailand
Brazil
Colombia
South Africa
Turkey
Potash Fertilizers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
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.
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Global potash fertilizers market statistics, by region, 2018-2030 (US$M)
Top 10 countries: Potash fertilizers market size, 2022 (USD Million)
Top 10 countries: Potash fertilizers market size, 2022 (USD Million)
Global potash fertilizers market, by region, 2022 (US$M)
Related regional statistics
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