ReportsWeb.com published “Potassium Nitrate Market” from its database. 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. 

1. Global Potassium Nitrate Market 2015-2019
Website : www.reportsweb.com
No of Pages: 85
Published: Dec 2015
Single User PDF: US$ 2500
Publisher : Infiniti Research

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Introduction
Publisher's 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.
The loss of soil fertility and the arable land cover is expected to pose challenges for the growth of the market during
the forecast period. Over a period, the chemical components in the fertilizers and pesticides break down and
contaminate the soil. This reduces the fertility of the soil. For instance, in China and India, the excessive usage of
fertilizer is resulting in deterioration of soil health, resulting in a fall in arable land.
Segmentation by end user and analysis of - agriculture, pharmaceuticals, food industry
Global Potassium Nitrate Market 2015-2019
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The agricultural segment accounted for 64% of the total demand during 2014 and is expected to grow at a rate of 3%
during the forecast period. Potassium is the most widely used fertilizer nutrient and helps in improving water
retention, nutrient value, color, texture, yield, and disease resistance of crops. Potassium nitrate is used as an
important component of N-K water-soluble fertilizer with 13.7% of nitrate nitrogen and 46% of potassium oxide.
The report offers an analysis of each of the following segments and discusses its impact on the overall market
growth -
- Agriculture
- General industries
- Pharmaceutical industry
- Food industry
Segmentation by raw material and analysis of - potassium chloride, sodium nitrate, ammonium nitrate
Production using potassium chloride accounted for nearly 48% of the overall market during 2014. Potassium nitrate
is produced with the help of a double decomposition reaction of sodium nitrate and potassium chloride.
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Global Potassium Nitrate Market 2015-2019

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Competitive landscape and key vendors - Haifa, Migao, SQM, Uralchem, Yara Chemicals
The potassium nitrate market is dominated by chemical majors from North America and Latin America such as SQM,
Haifa, and Uralchem. The market in certain geographies is dominated by state-owned players who enjoy preferential
treatment and cheap access to the feedstock. Around 70% of the total shipments going into the export market are
controlled by BPC and Canpotex.
The leading vendors in the market are -
- Arab Fertilizers and Chemicals
- Haifa
- Migao
- SQM
- Uralchem
- Yara Chemicals
Other prominent vendors in the market include Agrium, Barium and Chemicals, ICL, K+S AG, GFS Chemicals, Potash
Corp, and Qinghai Salt Lake.
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Global Potassium Nitrate Market 2015-2019

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