Global Sulfate of Potash Market Scenario
According to Data Bridge Market Research the sulfate of potash market is attaining a significant growth in developing economies during the forecast period of 2018-2025 due to factors such as growing number of population along with disposable income of the people, decreasing arable land and need of higher yields will help in boosting the growth of the market.
The sulfate of potash market is becoming more competitive every year with segments like agriculture will expect to grow at a maximum rate in the forecast period of 2018-2025. The Data bridge market research new reports highlight the major growth factors and opportunities in the sulfate of potash market.
The major factors contributing to the growth of the market includes factors such as rising global population and income growth in key emerging markets, reduction in arable land and chase for higher yields. On the other hand, increase in the trend of organic food consumption may hinder the growth of the market.
The Europe Sulfate Of Potash Market is expected to reach 2,114.35 thousand tonnes by 2025, from 1,498.00 thousand tonnes in 2017 growing at a CAGR of 4.7% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Segmentation: Europe Sulfate of Potash Market
- The Europe Sulfate of Potash market is segmented on the basis of type, end user and geography. The report provides data for 2016 to 2025, 2017 being the current year while 2018 to 2025 is the forecast period for the report.
- The Europe Sulfate of Potash market is segmented based on grade type into three notable segments; standard SOP, Granular SOP, Soluble SOP The Sulfate of Potash market is dominated by Granular SOP with 67.7% market share in 2018, growing at a CAGR of 4.7% in the forecast period.
- The Europe Sulfate of Potash market is segmented based on end user into two notable segments; Agricultural and Industrial . In 2018, the Agricultural Sulfate of Potash segment is expected to dominate the market with 88.0% market share.
Key Points: Europe Sulfate of Potash Market
- K+S KALI GmbH is going to dominate the Europe Sulfate of Potash following with TESSENDERLO GROUP, SQM, COMPASS MINERALS and MIGAO GROUP
- Granular SOP segment is expected to dominate the Europe Sulfate of Potash market.
- The Sulfate of Potash market in the Europe region is leading in France, Norway, Netherland, Italy, Spain, Poland and turkey accounts for the highest market share in this region.
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