Germany Solution Mining Market Size & Outlook, 2021-2030
Germany solution mining market, 2018-2030 (US$M)
Related Markets
Germany solution mining market highlights
- The Germany solution mining market generated a revenue of USD 307.7 million in 2021 and is expected to reach USD 365.5 million by 2030.
- The Germany market is expected to grow at a CAGR of 1.9% from 2022 to 2030.
- In terms of segment, potash was the largest revenue generating product in 2021.
- Potash is the most lucrative product segment registering the fastest growth during the forecast period.
Solution mining market data book summary
| Market revenue in 2021 | USD 307.7 million |
| Market revenue in 2030 | USD 365.5 million |
| Growth rate | 1.9% (CAGR from 2021 to 2030) |
| Largest segment | Potash |
| Fastest growing segment | Potash |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Potash, Other Products |
| Key market players worldwide | 5E Advanced Materials Inc, Nutrien Ltd, Vale SA ADR, Intrepid Potash Inc, Nemag, The Mosaic Co |
Other key industry trends
- In terms of revenue, Germany accounted for 1.6% of the global solution mining market in 2021.
- Country-wise, Canada is expected to lead the global market in terms of revenue in 2030.
- In Europe, Russia solution mining market is projected to lead the regional market in terms of revenue in 2030.
- Turkey is the fastest growing regional market in Europe and is projected to reach USD 460.8 million by 2030.
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Solution Mining Market Scope
Solution Mining Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany solution mining 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 solution mining market will help companies and investors design strategic landscapes.
Potash was the largest segment with a revenue share of 73.35% in 2021. Horizon Databook has segmented the Germany solution mining market based on potash, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing demand for sustainability and shifting focus toward green mining are expected to propel investments in solution mining activities in Germany in the coming years.
According to the USGS, Germany had 1.5 billion tons of potash reserves as of 2021. K+G Group is the major potash mining and manufacturing company in the country. According to the annual report of K+G Group of 2021, the company has 1.1 billion tons of potash reserves, which it mines using both, conventional and solution mining processes.
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Target buyers of Germany solution mining market databook
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Our clientele includes a mix of solution mining market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany solution mining market , including forecasts for subscribers. This country databook contains high-level insights into Germany solution mining market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany solution mining market outlook size, by product, 2018-2030 (US$M)
Germany Solution Mining Market Outlook Share, 2021 & 2030 (US$M)
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