DUBLIN, Apr. 18, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Potassium Chloride Market 2017-2021" report to their offering.
The global potassium chloride market to grow at a CAGR of 3.80% during the period 2017-2021.
The report, Global Potassium Chloride Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. 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.
The latest trend gaining momentum in the market is potassium chloride in hydroponics. Hydroponics technique can be used to overcome the constraint of arable land. This technique involves crop cultivation in water using mineral nutrient solutions. Potassium chloride is used to supplement potassium in hydroponic solutions. Currently, this technique is widely used for bio-research purposes. This method of crop cultivation is generally less used even though there are large hydroponic farms around the world.
According to the report, one of the major drivers for this market is increasing demand for potassium chloride from fertilizer industry. The global population is on the rise, and it is expected to reach 9.7 billion by 2050. The land available for cultivation have decreased tremendously over the past years, and now, in 2016, the arable land available to produce crops have decreased by 46% compared with 1961. There has been an increase in the global per capita income, which has led to the rise in the demand for foods and beverages. This growing need for nourishment has led to the surge in the use of potassium chloride as a fertilizer to increase the productivity of the crops.
- Sinofert Holdings
Other prominent vendors
- ARAB POTASH
- CF Industries Holdings
- Intrepid Potash
- JSC Belaruskali
- K+S KALI
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
PART 13: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/5httd6/global_potassium
Research and Markets
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SOURCE Research and Markets