In
its market research report published recently, Transparency Market
Research, a U.S. - based market intelligence firm states that the
global potassium chloride market which had a market value worth $
21.67 billion in 2012 is expected to reach an approximate value of
$32.87 billion by 2019. The report, titled ‘Potassium Chloride
Market for Fertilizers, Pharmaceuticals, Industrial and Other
Applications - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast, 2013 - 2019,’ is now available for sale on the
company’s website.
This
report states that the global market for potassium chloride is mainly
driven by the fertilizer industry. As the name suggests, potassium
and chlorine makes up potassium chloride which is a metal halide
salt. Potassium chloride is not only used in the fertilizer industry
but is also applied in industries like animal feeds, pharmaceutical,
and consumer food items. It is also used to prepare water
purification chemicals. The color of potash, which is a fertilizer,
varies from white to red and sometimes even pink. White potash being
a soluble form is mostly used in the production of liquid starter
fertilizers. Potassium chloride is used as an electrolyte replenisher
and is also used in treatment of hypokalemia.
Browse
The Full Report @
http://www.transparencymarketresearch.com/potassium-chloride-market.html
The
TMR report has described in detail the market demand for potassium
chloride in revenue terms and also in terms of volume. It also
includes the analysis of the prevailing competition, the possible
restraints and the opportunities at the regional and global level for
the forecast period of 2013 to 2019. Information provided in this
report has been derived from primary and secondary sources. Primary
research involves discussions and interviews with opinion leaders,
telephonic interviews, e-mail interactions and crucial industry
participants. Secondary research includes detailed findings on
statistical data on government websites, reliable internet sources,
technical writing, current trends and trade associations.
According
to this market research report, high demand for potash fertilizers
drives the global potassium chloride market. The fertilizer
application segment reported highest demand for potassium chloride in
the year 2012. The fertilizer segment of the potassium chloride
market is estimated to grow rapidly at 5.1% CAGR from 2013 to 2019.
The demand for potassium chloride driven by industrial applications
is expected to grow in industrial potash producing economies like the
US, Germany and North America.
Due
to better agricultural productivity, the Asia Pacific has been a
significant consumer of potassium chloride. Moreover, this region
will witness the highest rate of growth of 5.2% CAGR from 2013 to
2019. The high demand for fertilizers mostly comes from developing
economies like India and China which have increasing populations. As
a result, there is higher demand for food and this drives the
agricultural sector. Due to the participation of several types of
manufacturers at the regional and global level, the potassium
chloride market is highly fragmented.
Get
The Report PDF @
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1432
This
research report has given a detailed overview of the significant
players in the global potassium chloride market. Some of the key
companies covered in this report are Sinofert Holdings, Israel
Chemicals Ltd., Potash Corporation of Saskatchewan Inc., Sociedad
Química y Minerade Chile (SQM), Agrium Inc., Joint Stock Company
(JSC) Belaruskali, K+S Aktiengesellschaft, Arab Potash Company (APC),
Israel Chemicals Ltd. and The Mosaic Company.
About
Us
Transparency
Market Research is a global market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. We are
privileged with highly experienced team of Analysts, Researchers, and
Consultants, who use proprietary data sources and various tools and
techniques to gather, and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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Sheela
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