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Download Free sampleThe global Potash Fertilizers market was valued at 1537.72 Million USD in 2021 and will grow with a CAGR of 3.24% from 2021 to 2027, based on Research newly published report.
The prime objective of Potash Fertilizers Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Potash Fertilizers Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Potassium is the third major plant and crop nutrient after nitrogen and phosphorus. Potash is important for agriculture because it improves water retention, yield, nutrient value, taste, color, texture and disease resistance of food crops. It has wide application to fruit and vegetables, rice, wheat and other grains, sugar, corn, soybeans, palm oil and cotton, all of which benefit from the nutrient`s quality-enhancing properties.Asia Pacific accounted for the largest market share in 2017;
this can be attributed to the high population in the region leading to an increased demand for food grains and growth in awareness among farmers about the efficient use of land through fertilizers. Asia Pacific is projected to be the fastest-growing region from 2018 to 2023 due to increase in consumption of vegetable crops that require potash fertilizers for maintaining their potassium content, which also fuels the growth of the potassium fertilizers market in the region.
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