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Global Potassium Nitrate Market 2017-2021

  • May 2017
  • 70 pages
  • Infiniti Research Limited
Report ID: 3506489

Summary

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About Potassium Nitrate

Potassium is one of the most important basic plant nutrients along with nitrogen and phosphate. With no substitute, potassium nitrate is a widely used in the form of fertilizers to enhance the crop yield. Potassium nitrate content in the soil is quite important as it is essential to maintain and increase food production. Potassium nitrate has many applications, the major one being in agriculture as fertilizers. Potassium nitrate contains nitrogen which is an important component of RNA (ribonucleic acid) and DNA (deoxyribonucleic acid). It constitutes the primary nutrients (along with potassium and phosphate) for the development of plants and increases yield. Other than fertilizers its most important use has been as a component of gunpowder.

Technavio’s analysts forecast the global potassium nitrate market to grow at a CAGR of 4.02% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global potassium nitrate market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• APAC
• Europe
• North America
• ROW

Technavio's report, Global Potassium Nitrate Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Haifa Chemicals
• Migao
• SQM
• URALCHEM
• Yara

Other prominent vendors
• Barium and Chemicals
• ICL
• GFS Chemicals
• Potash Corp
• Qinghai Salt Lake

Market driver
• Increase in demand for fertilizers and food due to rising population.
• For a full, detailed list, view our report

Market challenge
• Growing inclination toward GM seeds.
• For a full, detailed list, view our report

Market trend
• Increase in cross-border investments and joint ventures.
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.

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