Potash Ore Market Research Report- Forecast to 2027

Potash Ore Market Research Report: By Source (Potassium Chloride, Sodium Chloride), By Application (Agriculture, Chemical, Metallurgical) & Forecast Till 2027

ID: MRFR/CnM/0325-HCR | February 2021 | Region: Global | 138 pages

Potash Ore Market Synopsis


Potash ore is the primary raw material used for the production of potash, compound fertilizer, and other chemicals. It consists of sylvite (KCl), halite (NaCl, which is also known as a rock forming mineral), various other components such as carnalite, anhydrite, silica, carbonate residue, and others. It is manufactured by both chemical and mechanical methods, such as hot leaching and flotation respectively. The hot leaching method depend upon physical properties of potassium chloride, sodium chloride, and water, whereas floatation method relies on the surfaces of sylvite, halite that is dampened by water and addition of chemicals as surfactants. Due to these factors, they are used in various applications such as agriculture, chemical, metallurgical, and others.


Among the various segments of the market, the potassium chloride segment holds the major portion due to its growing consumption in the production of fertilizers in the agricultural sector. It is also widely used in the development of fruits, plants, and others. Due to these factors, this segment is expected to continue its dominance and set to drive the market growth over the assessment period. It is projected that the sodium chloride segment is set to grow at a significant rate owing to its growing consumption in chemicals for the production of caustic soda, sodium chlorite, and others. Additionally, the growing demand for the product in preserving fish, . The market by application is segregated into agriculture, chemical, metallurgical, and others. The agriculture segment holds a majority of the market due to extensive use of the product in producing fertilizers, and others. Moreover, the growing demand for the product in chemical, and metallurgical sectors is set to grow at a higher CAGR during the forecast period.


Global Potash Ore Market Share by Application:


potash ore market 


Source: MRFR analysis


Key Players


Some of the prominent players operating in the Potash Ore Market are EuroChem (Switzerland), Intrepid Potash, Inc. (U.S.), Uralkali (Russia), Mining Associates (India), Nutrien Ltd (Canada), JSC Belaruskali (Belarus), K+S KALI GmbH (Germany), ICL (Israel), Kore Potash Limited (Australia), and Encanto Potash Corp. (EPO) (Canada) among others.


Regional Analysis 


The Potash Ore Market is segmented across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, North America holds a major share of the market due to the growing consumption of the product in agriculture, chemical, metallurgical, and others. The increasing demand for organic food and its extensive use in end-use industries have propelled the region to witness a higher growth over the assessment period. Countries such as the U.S., Canada and Mexico are the major players in this market.


The Asia Pacific region is growing significantly in the market due to rapid urbanization coupled with technology. It is predicted that growing investments in the end-use industries is likely to drive the market in the region during the forecast period. The growing population, rising demand for hygienic food and increasing disposable income have propelled the countries such as China, Japan, and India to achieve a stunning growth in the market during the forecast period.


The European market has also observed a remarkable growth due to increasing demand for the product in agriculture, chemical, metallurgical, and other sectors. The market has been driven by the growing organic farming and an increase in the number of food stores. It is estimated that the growing innovation and technological advancement are predicted to propel the market growth in countries such as the U.K, Italy, Germany, and France over the forecast period.


The Latin American region is estimated to witness a significant development in the market due to growing agriculture industries, and demand for organic food products in numerous hotels, restaurants, and others. Moreover, the Middle East & Africa is anticipated to witness a notable growth in the market due to growing research & development activities of potash ore and rapid demand of fertilizers in the region.


Segmental Analysis


The Potash Ore Market is segmented into the Source and Application. On the basis of the source, the market is segregated into potassium chloride, sodium chloride, and others. The market by application is bifurcated into agriculture, chemical, metallurgical, and others.


Geographical Analysis


The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.


Intended Audience



  • Potash Ore Market Manufacturers

  • Traders and Distributors of Potash ore  market

  • Production Process Industries

  • Potential Investors

  • Raw Material Suppliers

  • Nationalized Laboratory 



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant value
  CAGR   2019–2027: Substantial CAGR
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Source, By Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   EuroChem (Switzerland), Intrepid Potash, Inc. (U.S.), Uralkali (Russia), Mining Associates (India), Nutrien Ltd (Canada), JSC Belaruskali (Belarus), K+S KALI GmbH (Germany), ICL (Israel), Kore Potash Limited (Australia), and Encanto Potash Corp. (EPO) (Canada)
  Key Market Opportunities   Floatation method relies on the surfaces of sylvite, halite that is dampened by water and addition of chemicals as surfactants.
  Key Market Drivers   Growing consumption in the production of fertilizers in the agricultural sector.


Frequently Asked Questions (FAQ) :


The North American market has the highest market share.

Its applications are chemical, metallurgical, agriculture, and others.

The Asia Pacific potash ore market would benefit from urbanization and the inclusion of technology.

The market can find rising organic food demand as a major driving factor.

Rising food preservation needs and increasing organic farming trigger the regional market growth.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global Potash Ore Market

5 Industry Overview of Global Potash Ore Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Potash Ore Market by Source

7.1 Introduction

7.2 Potassium chloride

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Sodium chloride

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

7.4 Others

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast by Region, 2020-2027

8. Global Potash Ore Market by Application

8.1 Introduction

8.2 Agriculture

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Region, 2020-2027

8.3 Chemical

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Region, 2020-2027

8.4 Metallurgical

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast by Region, 2020-2027

8.5 Others

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast by Region, 2020-2027

9. Global Potash Ore Market by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast by Source, 2020-2027

9.2.3 Market Estimates & Forecast by Application, 2020-2027

9.2.4 US

9.2.4.1 Market Estimates & Forecast, 2020-2027

9.2.4.2 Market Estimates & Forecast by Source, 2020-2027

9.2.4.3 Market Estimates & Forecast by Application, 2020-2027

9.2.5 Canada

9.2.5.1 Market Estimates & Forecast, 2020-2027

9.2.5.2 Market Estimates & Forecast by Source, 2020-2027

9.2.5.3 Market Estimates & Forecast by Application, 2020-2027

9.2.6 Mexico

9.2.6.1 Market Estimates & Forecast, 2020-2027

9.2.6.2 Market Estimates & Forecast by Source, 2020-2027

9.2.6.3 Market Estimates & Forecast by Application, 2020-2027

9.3 Europe

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast by Source, 2020-2027

9.3.3 Market Estimates & Forecast by Application, 2020-2027

9.3.4 Germany

9.3.4.1 Market Estimates & Forecast, 2020-2027

9.3.4.2 Market Estimates & Forecast by Source, 2020-2027

9.3.4.3 Market Estimates & Forecast by Application, 2020-2027

9.3.5. France

9.3.5.1 Market Estimates & Forecast, 2020-2027

9.3.5.2 Market Estimates & Forecast by Source, 2020-2027

9.3.5.3 Market Estimates & Forecast by Application, 2020-2027

9.3.6 Italy

9.3.6.1 Market Estimates & Forecast, 2020-2027

9.3.6.2 Market Estimates & Forecast by Source, 2020-2027

9.3.6.3 Market Estimates & Forecast by Application, 2020-2027

9.3.7 UK

9.3.7.1 Market Estimates & Forecast, 2020-2027

9.3.7.2 Market Estimates & Forecast by Source, 2020-2027

9.3.7.3 Market Estimates & Forecast by Application, 2020-2027

9.3.8 Rest of Europe

9.3.8.1 Market Estimates & Forecast, 2020-2027

9.3.8.2 Market Estimates & Forecast by Source, 2020-2027

9.3.8.3 Market Estimates & Forecast by Application, 2020-2027

9.4 Asia Pacific

9.4.1 Market Estimates & Forecast, 2020-2027

9.4.2 Market Estimates & Forecast by Source, 2020-2027

9.4.3 Market Estimates & Forecast by Application, 2020-2027

9.4.4 China

9.4.4.1 Market Estimates & Forecast, 2020-2027

9.4.4.2 Market Estimates & Forecast by Source, 2020-2027

9.4.4.3 Market Estimates & Forecast by Application, 2020-2027

9.4.5 India

9.4.5.1 Market Estimates & Forecast, 2020-2027

9.4.5.2 Market Estimates & Forecast by Source, 2020-2027

9.4.5.3 Market Estimates & Forecast by Application, 2020-2027

9.4.6 Japan

9.4.6.1 Market Estimates & Forecast, 2020-2027

9.4.6.2 Market Estimates & Forecast by Source, 2020-2027

9.4.6.3 Market Estimates & Forecast by Application, 2020-2027

9.4.7 Rest of Asia Pacific

9.4.7.1 Market Estimates & Forecast, 2020-2027

9.4.7.2 Market Estimates & Forecast by Source, 2020-2027

9.4.7.3 Market Estimates & Forecast by Application, 2020-2027

9.5 Middle East & Africa

9.5.1 Market Estimates & Forecast, 2020-2027

9.5.2 Market Estimates & Forecast by Source, 2020-2027

9.5.3 Market Estimates & Forecast by Application, 2020-2027

9.5.4 Saudi Arabia

9.5.4.1 Market Estimates & Forecast, 2020-2027

9.5.4.2 Market Estimates & Forecast by Source, 2020-2027

9.5.4.3 Market Estimates & Forecast by Application, 2020-2027

9.5.5 Qatar

9.5.5.1 Market Estimates & Forecast, 2020-2027

9.5.5.2 Market Estimates & Forecast by Source, 2020-2027

9.5.5.3 Market Estimates & Forecast by Application, 2020-2027

9.5.6 North Africa

9.5.6.1 Market Estimates & Forecast, 2020-2027

9.5.6.2 Market Estimates & Forecast by Source, 2020-2027

9.5.6.3 Market Estimates & Forecast by Application, 2020-2027

9.5.7 GCC

9.5.7.1 Market Estimates & Forecast, 2020-2027

9.5.7.2 Market Estimates & Forecast by Source, 2020-2027

9.5.7.3 Market Estimates & Forecast by Application, 2020-2027

9.5.8 Rest of Middle East & Africa

9.5.8.1 Market Estimates & Forecast, 2020-2027

9.5.8.2 Market Estimates & Forecast by Source, 2020-2027

9.5.8.3 Market Estimates & Forecast by Application, 2020-2027

9.6 Latin America

9.6.1 Market Estimates & Forecast, 2020-2027

9.6.2 Market Estimates & Forecast by Source, 2020-2027

9.6.3 Market Estimates & Forecast by Application, 2020-2027

9.6.4 Brazil

9.6.4.1 Market Estimates & Forecast, 2020-2027

9.6.4.2 Market Estimates & Forecast by Source, 2020-2027

9.6.4.3 Market Estimates & Forecast by Application, 2020-2027

9.6.5 Argentina

9.6.5.1 Market Estimates & Forecast, 2020-2027

9.6.5.2 Market Estimates & Forecast by Source, 2020-2027

9.6.5.3 Market Estimates & Forecast by Application, 2020-2027

9.6.6 Rest of Latin America

9.6.6.1 Market Estimates & Forecast, 2020-2027

9.6.6.2 Market Estimates & Forecast by Source, 2020-2027

9.6.6.3 Market Estimates & Forecast by Application, 2020-2027

10. Company Landscape

11. Company Profiles

11.1 EuroChem

11.1.1 Company Overview

11.1.2 Source/Business Segment Overview

11.1.3 Financial Updates

11.1.4 Key Developments

11.2 Intrepid Potash, Inc.

11.2.1 Company Overview

11.2.2 Source/Business Segment Overview

11.2.3 Financial Updates

11.2.4 Key Developments

11.3 Uralkali

11.3.1 Company Overview

11.3.2 Source/Business Segment Overview

11.3.3 Financial Updates

11.3.4 Key Developments

11.4 Mining Associates

11.4.1 Company Overview

11.4.2 Source/Business Segment Overview

11.4.3 Financial Updates

11.4.4 Key Developments

11.5 Nutrien Ltd

11.5.1 Company Overview

11.5.2 Source/Business Segment Overview

11.5.3 Financial Updates

11.5.4 Key Developments

11.6 JSC Belaruskali

11.6.1 Company Overview

11.6.2 Source/Business Segment Overview

11.6.3 Financial Updates

11.6.4 Key Developments

11.7 K+S KALI GmbH

11.7.1 Company Overview

11.7.2 Source/Business Segment Overview

11.7.3 Financial Updates

11.7.4 Key Developments

11.8 ICL

11.8.1 Company Overview

11.8.2 Source/Business Segment Overview

11.8.3 Financial Updates

11.8.4 Key Developments

11.9 Kore Potash Limited

11.9.1 Company Overview

11.9.2 Source/Business Segment Overview

11.9.3 Financial Updates

11.9.4 Key Developments

11.10 Encanto Potash Corp.

11.10.1 Company Overview

11.10.2 Source/Business Segment Overview

11.10.3 Financial Updates

11.10.4 Key Developments

11.11 The Mosaic Company

11.11.1 Company Overview

11.11.2 Type/Business Segment Overview

11.11.3 Financial Updates

11.11.4 Key Developments

11.12 BHP

11.12.1 Company Overview

11.12.2 Type/Business Segment Overview

11.12.3 Financial Updates

11.12.4 Key Developments

11.13 Western Potash

11.13.1 Company Overview

11.13.2 Type/Business Segment Overview

11.13.3 Financial Updates

11.13.4 Key Developments

11.14 Vale

11.14.1 Company Overview

11.14.2 Type/Business Segment Overview

11.14.3 Financial Updates

11.14.4 Key Developments

11.15 ARAB POTASH

11.15.1 Company Overview

11.15.2 Type/Business Segment Overview

11.15.3 Financial Updates

11.15.4 Key Developments

12 Conclusion

LIST OF TABLES

Table 1 World Population by Major Regions (2020 to 2030)

Table 2 Global Potash Ore Market: By Region, 2020-2027

Table 3 North America Potash Ore Market: By Country, 2020-2027

Table 4 Europe Potash Ore Market: By Country, 2020-2027

Table 5 Asia-Pacific Potash Ore Market: By Country, 2020-2027

Table 6 Middle East & Africa Potash Ore Market: By Country, 2020-2027

Table 7 Latin America Potash Ore Market: By Country, 2020-2027

Table 8 Global Potash Ore by Source Market: By Regions, 2020-2027

Table 9 North America Potash Ore by Source Market: By Country, 2020-2027

Table10 Europe Potash Ore by Source Market: By Country, 2020-2027

Table11 Asia-Pacific Potash Ore by Source Market: By Country, 2020-2027

Table12 Middle East & Africa Potash Ore by Source Market: By Country, 2020-2027

Table13 Latin America Potash Ore by Source Market: By Country, 2020-2027

Table14 Global Potash Ore by Application Market: By Regions, 2020-2027

Table15 North America Potash Ore by Application Market: By Country, 2020-2027

Table16 Europe Potash Ore by Application Market: By Country, 2020-2027

Table17 Asia-Pacific Potash Ore by Application Market: By Country, 2020-2027

Table18 Middle East & Africa Potash Ore by Application Market: By Country, 2020-2027

Table19 Latin America Potash Ore by Application Market: By Country, 2020-2027

Table20 Global Source Market: By Region, 2020-2027

Table21 Global Application Market: By Region, 2020-2027

Table22 North America: Potash Ore Market, By Country

Table23 North America: Potash Ore Market, By Source

Table24 North America: Potash Ore Market, By Application

Table25 Europe: Potash Ore Market, By Country

Table26 Europe: Potash Ore Market, By Source

Table27 Europe: Potash Ore Market, By Application

Table28 Asia-Pacific: Potash Ore Market, By Country

Table29 Asia-Pacific: Potash Ore Market, By Source

Table30 Asia-Pacific: Potash Ore Market, By Application

Table31 Middle East & Africa: Potash Ore Market, By Country

Table32 Middle East & Africa: Potash Ore Market, By Source

Table33 Middle East & Africa: Potash Ore Market, By Application

Table34 Latin America: Potash Ore Market, By Country

Table35 Latin America: Potash Ore Market, By Source

Table36 Latin America: Potash Ore Market, By Application

LIST OF FIGURES

FIGURE 1 Global Potash Ore market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis of Global Potash Ore Market

FIGURE 4 Value Chain of Global Potash Ore Market

FIGURE 5 Share of Global Potash Ore Market in 2020, by country (in %)

FIGURE 6 Global Potash Ore Market, 2020-2027,

FIGURE 7 Sub segments of Source

FIGURE 8 Global Potash Ore Market size by Source, 2020

FIGURE 9 Share of Global Potash Ore Market by Source, 2020 to 2027

FIGURE 10 Global Potash Ore Market size by Application, 2020

FIGURE 11 Share of Global Potash Ore Market by Application, 2020 to 2027