DUBLIN, Jan. 15, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/mdtgsb/global_potassium) has announced the addition of the "Global Potassium Nitrate Market 2015-2019" report to their offering.
The market research analyst estimates the potassium nitrate market to witness a steady growth at a CAGR of around 4%, in terms of volume, during the forecast period. The growing demand for nitrogen-based fertilizers, especially from the Asian region is driving the growth of this market. Countries such as China, India, Indonesia, Malaysia, and Vietnam, which accounts for nearly 40% of the world's population, are largest markets for these fertilizers.
Countries such as Canada and North America are scaling up their investments in potash mining and potash-based fertilizer manufacturing plants. Other countries including Germany, Jordan, China, and Chile are also planning expansions of existing facilities and developments of new facilities.
According to the report, to feed the growing population, an increase in agricultural output at the same rate as the population increase is required. This directly equates to a growing need for a huge amount of fertilizers, which in turn is expected to drive the overall market.
Further, the report states that usage of genetically modified seeds that need no pesticides or fertilizers for protection or enhancement of the crop yield may hinder the growth of the potash market in the forecast period and may in turn pose a challenge to the potassium nitrate market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by raw material
Part 07: Market segmentation by end-user
Part 08: Geographical segmentation
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Key developments
Part 15: Competitive landscape
Part 16: Key vendor analysis
Part 17: Appendix
- Arab Fertilizers and Chemicals - Haifa - Migao - SQM - Uralchem - Yara Chemicals - Agrium - Barium and Chemicals - ICL - K+S AG - GFS Chemicals - Potash Corp - Qinghai Salt Lake
For more information visit http://www.researchandmarkets.com/research/mdtgsb/global_potassium
Laura Wood , +353-1-481-1716, email@example.com
SOURCE Research and Markets