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Global Potassium Chloride Market Will Expand at a 10.8% Cagr During the Forecast Period from 2013 to 2019

  • Date Submitted: 01/20/2016 01:47 AM
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Transparency Market
Research
Potassium Chloride Market for Fertilizers, Pharmaceuticals,
Industrial and Other Applications - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast, 2013 - 2019
Published Date
15-05-2014

79 Page Report

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Press Release

Global Potassium Chloride Market to Soar at 10.8% CAGR till
2019 thanks to High Demand from Fertilizers Sector

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Potassium Chloride Market

REPORT DESCRIPTION

The featured report from Transparency Market Research, titled “Potassium Chloride Market - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”, offers the latest intelligence on
the market. According to this report, the global potassium chloride market will expand at a 10.8% CAGR
during the forecast period from 2013 to 2019. In 2012, the global potassium chloride market was worth
more than US$21.6 bn and by 2019, the market is projected to be worth US$32.8 bn. In 2012, the global
potassium chloride market recorded a total volume of 51 mn tons.
Potassium, being one of the three major nutrients necessary for the growth of crops, is widely used in the
global agriculture industry as potash fertilizer. This growing demand for potassium chloride in the fertilizer
industry will drive the global potassium chloride market significantly. The growth of the global organic food
industry in recent years will also propel the global potassium chloride market. With the expansion of the
organic food industry around the world, the demand for potash is rising.
On the basis of application, the global potassium chloride market is divided into industrial,
pharmaceuticals, fertilizers, and others such as food products and feed. The fertilizers segment dominated
the global potassium chloride market in 2012....

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