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(MoneyNewsWire.Net, October 20, 2016 ) The Global Potassium Nitrate Market report covers the present scenario and the growth prospects of the Potassium Nitrate for 2015-2019. The potassium nitrate market to witness a steady growth at a CAGR of around 4%, in terms of volume, during the forecast period. To calculate the market size, the report considers both the direct revenue and the indirect revenue of the vendors.
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.
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The report provides a basic overview of the Potassium Nitrate including definitions, classifications and applications. The Potassium Nitrate report enlists several important factors, starting from the basics to advanced market intelligence which play a crucial part in strategizing.
With a purpose of enlightening new entrants about the possibilities in this market, this report investigates new project feasibility. Various details about the manufacturing process such as market drivers, impact of drivers, market challenges and impact of drivers and challenges, market trends, vendor landscape analysis and so on, is discussed in the report.
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Top vendors in Potassium Nitrate Industry
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.
The Potassium Nitrate is divided into the following segments based on geography:
Americas
APAC
EMEA
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.
The report offers an analysis of each of the following segments and discusses its impact on the overall market growth –
Potassium chloride
Sodium nitrate
Ammonium nitrate
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.
In the end, the report makes some important proposals for a new project of Potassium Nitrate Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2015-2019 global Potassium Nitrate industry covering all important parameters.
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Key questions answered in this Potassium Nitrate report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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Contact–
Mr. Ameya Pingaley
Absolute Reports
+1-408 520 9750
Email – sales@absolutereports.com
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Absolute Reports
Mr. Ameya Pingaley
+1-408 520 9750
sales@absolutereports.com
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