Global Potash Market Size & Outlook, 2025-2032

The global potash market size was estimated at USD 62,374.0 million in 2024 and is projected to reach USD 93,501.2 million by 2032, growing at a CAGR of 5.3% from 2025 to 2032.
Revenue, 2024 (US$M)
$62,374.0
Forecast, 2032 (US$M)
$93,501.2
CAGR, 2025 - 2032
5.3%
Report Coverage
Worldwide

Global potash market highlights

  • The global potash market generated a revenue of USD 62,374.0 million in 2024 and is expected to reach USD 93,501.2 million by 2032.
  • The market is expected to grow at a CAGR (2025 - 2032) of 5.3% by 2032.
  • In terms of segment, potassium chloride accounted for a revenue of USD 34,531.3 million in 2024.
  • Potassium Chloride is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2024.
  • Country-wise, China is expected to register the highest CAGR from 2025 to 2032.

Global data book summary

Market revenue in 2024USD 62,374.0 million
Market revenue in 2032USD 93,501.2 million
Growth rate5.3% (CAGR from 2025 to 2032)
Largest segmentPotassium chloride
Fastest growing segmentPotassium Chloride
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2032
Quantitative unitsRevenue in USD million
Market segmentationPotassium Chloride, Potassium Nitrate, Other Products, Potassium Sulphate

Other key industry trends

  • In terms of revenue, the North America accounted for 15.1% of the global potash market in 2024.
  • By country, the China is projected to lead the global market in terms of revenue in 2032.
  • By country, China is the fastest growing regional market and is projected to reach USD 20,764.3 million by 2032.

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Potash Market Companies

Name Profile # Employees HQ Website
Red Metal View profile 1-10 Sydney, New South Wales, Australia, Oceania http://www.redmetal.com.au
EuroChem View profile 10001+ Zug, Zug, Switzerland, Europe http://www.eurochemgroup.com
Uralkali View profile 10001+ Perm, Permskiy Kray, Russian Federation, Europe http://www.uralkali.com/
EPC Groupe View profile 1001-5000 Paris, Ile-de-France, France, Europe http://www.epc-groupe.com/
Compass Minerals International View profile 5001-10000 Overland Park, Kansas, United States, North America http://compassminerals.com
BHP Group Ltd View profile 42319 171 Collins Street, Level 18, Melbourne, VIC, Australia, 3000 https://www.bhp.com
Rio Tinto PLC ADR View profile 57174 6 St James’s Square, London, United Kingdom, SW1Y 4AD https://www.riotinto.com
The Mosaic Co View profile 14049 101 East Kennedy Boulevard, Suite 2500, Tampa, FL, United States, 33602 https://www.mosaicco.com
Intrepid Potash Inc View profile 485 707 17th Street, Suite 4200, Denver, CO, United States, 80202 https://www.intrepidpotash.com
Nutrien Ltd View profile 25900 211 19th Street East, Suite 1700, Saskatoon, SK, Canada, S7K 5R6 https://www.nutrien.com

Global potash 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 market will help companies and investors design strategic landscapes.


Potassium chloride was the largest segment with a revenue share of 55.36% in 2024. Horizon Databook has segmented the Global potash market based on potassium chloride, potassium nitrate, other products, potassium sulphate covering the revenue growth of each sub-segment from 2018 to 2032.


  • Global Potash Product Outlook (Revenue, USD Million, 2018-2032)
    • Potassium Chloride
    • Potassium Sulphate
    • Potassium Nitrate
    • Other Products
  • Global Potash End Use Outlook (Revenue, USD Million, 2018-2032)
    • Agriculture
    • Other End Use

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Horizon Databook provides a detailed overview of global-level data and insights on the Global potash market , including forecasts for subscribers. This global databook contains high-level insights into Global potash market from 2018 to 2032, including revenue numbers, major trends, and company profiles.

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Global potash market size, by regions, 2018-2032 (US$M)

Top 10 countries: Potash market size, 2024 (US$M)

Global potash market share, by product, 2024 & 2032 (%, US$M)

Potash market: Opportunity assessment by country

Global potash market, by region, 2024 (US$M)

Global potash market size, by regions, 2018-2032 (US$M)

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