칼리 시장 규모는 예측 기간 중 CAGR 5.4%로 성장하며, 2030년까지 826억 달러에 달할 것으로 예측됩니다. 2022년 시장 규모는 1,19,552.2 킬로톤에 달하며, 4.6%의 성장(2019-2022년)을 달성하고 있습니다.
그러나 SOP 비료는 복잡한 제조 요구 사항으로 인해 비용이 많이 들며, SOP를 제조하는 데 사용되는 일반적인 기술 중 하나는 만하임법입니다. 이 제조법은 비용이 많이 들기 때문에 SOP가 비쌉니다. 이 공정에서 제품별로 생산된 염산은 판매할 수 없기 때문에 달할 채택한 제조업체는 SOP 판매로 제조 비용을 회수할 수밖에 없습니다. 이 때문에 SOP는 일반적으로 염화칼리에 비해 톤당 150달러 이상 비쌉니다. 따라서 높은 SOP 제조 비용은 예측 기간 중 시장 확대를 저해할 수 있습니다.
제품 전망
제품에 따라 시장은 염화칼리, 황산칼리, 질산칼리 및 기타로 구분되며, 두 가지 중요한 영양소인 칼리과 질산염은 모두 수용성 형태인 질산칼리에 포함되어 있습니다. 질산칼리은 과일, 채소, 꽃 등 다양한 작물의 비료로 사용됩니다. 질산칼리은 특히 용해도가 높고 염화물이 없는 영양 공급원이 필요할 때 장점이 있습니다. 이러한 토양에서는 모든 질소가 질산염으로 식물에 즉시 흡수되기 때문에 토양 변환이나 미생물 활동을 추가할 필요가 없습니다. 농가은 품질과 생산량을 향상시키기 위해 고부가가치 작물이나 비전통적인 채소를 재배할 때 질산염 기반 영양 공급원을 선택하기도 합니다.
최종사용자 전망
최종 용도에 따라 시장은 농업과 비농업으로 세분화되며, 2022년에는 농업 부문이 시장에서 가장 큰 매출 점유율을 차지할 것으로 예상됩니다. 이러한 확대는 농업 부문이 작물 성장을 가속하고 수확량을 극대화하며 세계 식량안보를 보장할 수 있는 능력을 가지고 있기 때문입니다. 이 중요한 영양소는 뿌리 형성, 식물 성장 및 식물 성장을 가속하여 작물의 건강을 지원합니다. 수요 증가에 대응하여 농업 생산량을 늘리기 위해 사용되는 혼합 비료에서 칼리의 중요성이 증가함에 따라 칼리은 현재 농업 기술에서 중요한 요소로 간주되고 있습니다. 농가은 세계 인구 증가와 그에 따른 식량 소비 증가에 대응하기 위해 끊임없이 농업 생산량을 늘리려고 노력하고 있습니다.
지역별 전망
지역별로 보면 시장은 북미, 유럽, 아시아태평양 및 LAMEA로 분석되며, 2022년에는 아시아태평양이 가장 큰 매출 점유율을 차지하며 시장을 장악했습니다. 이는 주로 중국과 인도와 같은 선진국의 제품 수요 증가에 기인합니다. 이들 국가의 거대한 농업 산업은 거대한 인구에 서비스를 제공하고 식량 생산을 크게 늘리기 위해 노력하고 있습니다. 중국에서는 밀, 쌀, 옥수수, 채소 등의 작물 개발이 칼리 수요의 주요 원인입니다. 또한 인도에서는 밀, 쌀, 사탕수수, 면화 등의 작물이 농업의 중심이 되고 있습니다. 아시아태평양은 인구 증가, 도시화, 지속가능한 농업으로의 지속적인 이동 등 여러 가지 요인으로 인해 제품 수요가 높은 지역입니다.
The Global Potash Market size is expected to reach $82.6 billion by 2030, rising at a market growth of 5.4% CAGR during the forecast period. In the year 2022, the market attained a volume of 1,19,552.2 kilo tonnes, experiencing a growth of 4.6% (2019-2022).
The United States and Canada are primarily responsible for the increase in market demand in the North American region. Consequently, the North America Region acquired $11.9 billion revenue in the market in 2022. The agricultural sectors in these nations are sizable and support a wide variety of crops. The region's demand mostly depends on producing essential crops, including soybeans, corn, wheat, and canola. The need for potash in North America is further made more pressing by adopting cutting-edge farming methods and precision agriculture techniques. Some of the factors impacting the market are growing need to boost food production, increased adoption of precision farming, and high cost of SOP.
Due to changes in people's eating patterns, the demand for food has increased faster than the population. This has caused the need for pesticides and fertilizer to increase. These herbicides and fertilizers increase crop yield, soil fertility, and output. As a result, it is anticipated that demand for potassium chloride will rise in lockstep with the expansion of the agricultural sector. Additionally, there is an overall improvement in plant quality due to the rising demand for high-performance fertilizers, increasing potash fertilizer applicability, and adding potash fertilizer. It extends shelf life, another vital fueling the market's expansion. Growing environmental awareness will encourage market value expansion even further. Global warming has had a significant impact on climatic conditions around the world. Additionally, an essential factor that significantly influences agriculture is the climate. With the aid of precision agricultural tools, farmers can efficiently and adequately apply potash, guaranteeing crops receive the proper nutrients while lowering the possibility of environmental impact. Farmers can maximize their potash usage by using precision agriculture, which improves crop yields and has a smaller negative ecological impact. Given this, the market is predicted to expand in the coming years due to the increased use of precision farming.
However, Due to their intricate manufacturing requirements, SOP fertilizers are pricey. One of the popular techniques used to produce SOPs is the Mannheim process. Because of the high cost of this process, SOP is more expensive. Because the hydrochloric acid produced as a byproduct of this process cannot be sold, the manufacturers who employ it are forced to recoup their manufacturing costs through the sales of SOP. Due to this, SOP usually costs more than $150 per ton compared to potassium chloride. Because of this, the high cost of SOP manufacturing may hinder market expansion of the market throughout the projection period.
Product Outlook
Based on product, the market is segmented into potassium chloride, potassium sulfate, potassium nitrate, and others. Two crucial nutrients, potassium and nitrate, are found in potassium nitrate, a soluble form of both. It is used as a fertilizer for various crops, including fruits, vegetables, and flowers. Potassium nitrate has advantages, especially when a highly soluble, chloride-free nutrient source is needed. There is no need for additional soil transformation or microbial activity in these soils because all of the nitrogen is immediately available for uptake by the plant as nitrate. Farmers occasionally choose nitrate-based nutritional supplies while cultivating high-value/non-traditional crops and vegetables to boost quality and output.
End User Outlook
On the basis of end-use, the market is fragmented into agriculture and non-agriculture. In 2022, the agriculture segment witnessed the largest revenue share in the market. This expansion is credited to the agricultural sector's capacity to boost crop growth, maximize yields, and guarantee food security worldwide. This vital nutrient supports crop health by promoting root formation, plant growth, and plant growth. Due to its increasing importance in fertilizer mixes used to increase agricultural output in response to increased demand, potash has come to be regarded as a crucial component of current farming techniques. Farmers constantly attempt to boost agricultural production in response to the expanding global population and the resulting rise in food consumption, which results in a persistent and significant need for potash-based fertilizers.
Regional Outlook
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Asia Pacific region dominated the market by generating the maximum revenue share. This is mainly attributed to increased product demand in developed nations like China and India. These nations' huge agricultural industries, which serve their sizable populations, call for a significant increase in food production. The development of crops like wheat, rice, corn, and vegetables is chiefly responsible for China's demand for potash. Additionally, crops, including wheat, rice, sugarcane, and cotton, are the primary agricultural focus in India. The Asia Pacific region experiences high product demand, primarily driven by several factors, including the region's expanding population, increasing urbanization, and ongoing movement toward sustainable agriculture.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include The Mosaic Company, Rio Tinto PLC, Compass Minerals International, Inc., Nutrien Limited, western nutrients corporation, Yara International ASA, BHP Group Limited, Encanto Potash Corp., Red Metal Ltd., and Intrepid Potash Inc.
Strategies Deployed in Potash Market
Jul-2022: Nutrien Limited announced the acquisition of Casa do Adubo S.A., a family-founded Casa do Adubo started in 1937 as Irmaos Chiabai, trading goods in Afonso Claudio, ES. Through this acquisition, Nutrien would take over 10 Agrodistribuidor Casal distribution centres and 39 retail outlets under the brands Casa do Adubo and Acre, Bahia, Esprito Santo, Maranho, Mato Grosso, etc.
May-2022: Rio Tinto PLC announced collaboration with BHP, a company providing resources for a cleaner future, including copper for renewable energy. Through this collaboration, both the companies hope to take advantage of the excellent inventions and ideas. Moreover, both want to identify methods to make tailings facilities safer and more environmentally friendly.
Mar-2021: The Mosaic Company entered a partnership with Sound Agriculture. This partnership aimed to bring a revolutionary nutrient efficiency product to market to accelerate yields across major row crops and improve soil health. The companies would team up on the development and distribution of a proprietary mix of Sound Agriculture's bio-inspired chemistry and key micronutrients.
Mar-2021: The Mosaic Company came into collaboration with AgBiome, a biotechnology company. This collaboration aimed to develop, discover, and introduce biological alternatives to boost soil fertility. In addition, Mosaic and AgBiome would support the development of advanced agricultural technologies, which facilitate farmers to boost nutrient usage efficiency and ultimately decrease fertilizer loss to the environment.
Apr-2020: Nutrien entered into a definitive agreement to purchase 100 percent of the equity of the Tec Agro Group. This acquisition would support the company's strategy to bring whole-farm solutions to the Brazilian customers.
Apr-2019: Nutrien took over Ruralco Holdings Limited in Australia. Through this acquisition, the combination of Ruralco's business with Nutrien's Landmark operations would offer significant advantages for all stakeholders and boost the delivery of products and services to Australian farmers. The combination would also offer Australian growers with advanced solutions offerings to allow them to better compete in global markets.
Market Segments covered in the Report:
By Product (Volume, Kilo Tonnes, USD Million, 2019-2030)
By End User (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Geography (Volume, Kilo Tonnes, USD Million, 2019-2030)
Companies Profiled
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