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Report
North America Liquid Potassium Fertilizers Market Report and Forecast 2024-2032
Market Report I 2023-12-13 I 144 Pages I EMR Inc.
North America Liquid Potassium Fertilizers Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the North America liquid potassium fertilizers market is projected to grow at a CAGR of 1.60% between 2024 and 2032. Aided by the escalating demand for high-yield crops and the multifarious applications of liquid potassium fertilizers in the agricultural sector, the market is expected to grow significantly by 2032.
Liquid potassium fertilizers play a crucial role in enhancing plant health, contributing to water regulation within the plants, and improving resistance to diseases and pests. They are integral to the synthesis of proteins and photosynthesis, making them a pivotal component in the agricultural input spectrum.
The growing demand for nutritious food products and the increasing awareness regarding balanced fertilization are steering the North America liquid potassium fertilizers market growth. The heightened cognisance of the substantial impacts of potassium on crop yield and quality is leading to its elevated utilisation. Furthermore, the burgeoning organic farming sector and the adoption of sustainable agricultural practices are further accentuating the demand for liquid potassium fertilizers.
The upswing in the demand for high-yield crops due to the rising population and the diminishing arable land is driving the market for liquid potassium fertilizers. The enhanced efficiency and the ease of application of liquid form fertilizers, compared to conventional ones, are fostering their adoption across varied crop types.
The trend of precision farming and the increasing reliance on technologically advanced agricultural practices in North America are bolstering the utilisation of liquid potassium fertilizers. The growing importance of balanced nutrition for crops and the escalating need for high-quality agricultural produce are posing a positive impact on the North America liquid potassium fertilizers market outlook.
Moreover, the drive towards organic farming and sustainable agriculture is intensifying the adoption of eco-friendly liquid potassium fertilizers. The surge in organic food consumption and the awareness about environmental conservation are reinforcing this trend.
The infusion of technology is streamlining the application of liquid potassium fertilizers. The developments in drip irrigation and fertigation systems are enabling precise and efficient fertilizer application, minimising wastage and environmental impact.
The ongoing research and development activities are yielding innovative formulations and application techniques, tailored to cater to the diverse needs of different crops and soil types. These advancements are pivotal in optimising crop yield and quality, ensuring the sustained North America liquid potassium fertilizers market demand.
Market Segmentation
The market can be divided based on type, composition, crop type, application, and country.
Market Breakup by Type
- Organic
- Synthetics
Market Breakup by Composition
- Potassium Chloride
- Potassium Hydroxide
- Potassium Thiosulfate
- Others
Market Breakup by Crop Type
- Pulses and Oilseeds
- Cereals and Grains
- Fruits and Vegetables
- Others
Market Breakup by Application
- Broadcasting
- Foliar
- Fertigation
- Others
Market Breakup by Country
- United States
- Canada
- Mexico
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the North America liquid potassium fertilizers market. Some of the major players explored in the report by Expert Market Research are as follows:
- The Mosaic Company
- Koch Industries, Inc.
- AgroLiquid
- Oxiteno
- Nutrein
- Nufarm
- Nachurs Alpine Solutions, LLC
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 North America Liquid Potassium Fertilizers Market Analysis
8.1 Key Industry Highlights
8.2 North America Liquid Potassium Fertilizers Historical Market (2018-2023)
8.3 North America Liquid Potassium Fertilizers Market Forecast (2024-2032)
8.4 North America Liquid Potassium Fertilizers Market by Type
8.4.1 Organic
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Synthetics
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.5 North America Liquid Potassium Fertilizers Market by Composition
8.5.1 Potassium Chloride
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Potassium Hydroxide
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Potassium Thiosulfate
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Others
8.6 North America Liquid Potassium Fertilizers Market by Crop Type
8.6.1 Pulses and Oilseeds
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Cereals and Grains
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Fruits and Vegetables
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Others
8.7 North America Liquid Potassium Fertilizers Market by Application
8.7.1 Broadcasting
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2023)
8.7.1.3 Forecast Trend (2024-2032)
8.7.2 Foliar
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2023)
8.7.2.3 Forecast Trend (2024-2032)
8.7.3 Fertigation
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2023)
8.7.3.3 Forecast Trend (2024-2032)
8.7.4 Others
8.8 North America Liquid Potassium Fertilizers Market by Country
8.8.1 Market Share
8.8.1.1 United States
8.8.1.2 Canada
8.8.1.3 Mexico
9 Regional Analysis
9.1 United States
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Mexico
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyer's Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 The Mosaic Company
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 Koch Industries, Inc.
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 AgroLiquid
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 Oxiteno
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 Nutrein
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio
11.2.5.3 Demographic Reach and Achievements
11.2.5.4 Certifications
11.2.6 Nufarm
11.2.6.1 Company Overview
11.2.6.2 Product Portfolio
11.2.6.3 Demographic Reach and Achievements
11.2.6.4 Certifications
11.2.7 Nachurs Alpine Solutions, LLC,
11.2.7.1 Company Overview
11.2.7.2 Product Portfolio
11.2.7.3 Demographic Reach and Achievements
11.2.7.4 Certifications
11.2.8 Others
12 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Liquid Potassium Fertilizers Market: Key Industry Highlights, 2018 and 2032
2. North America Liquid Potassium Fertilizers Historical Market: Breakup by Type (KMT), 2018-2023
3. North America Liquid Potassium Fertilizers Market Forecast: Breakup by Type (KMT), 2024-2032
4. North America Liquid Potassium Fertilizers Historical Market: Breakup by Composition (KMT), 2018-2023
5. North America Liquid Potassium Fertilizers Market Forecast: Breakup by Composition (KMT), 2024-2032
6. North America Liquid Potassium Fertilizers Historical Market: Breakup by Crop Type (KMT), 2018-2023
7. North America Liquid Potassium Fertilizers Market Forecast: Breakup by Crop Type (KMT), 2024-2032
8. North America Liquid Potassium Fertilizers Historical Market: Breakup by Application (KMT), 2018-2023
9. North America Liquid Potassium Fertilizers Market Forecast: Breakup by Application (KMT), 2024-2032
10. North America Liquid Potassium Fertilizers Historical Market: Breakup by Country (KMT), 2018-2023
11. North America Liquid Potassium Fertilizers Market Forecast: Breakup by Country (KMT), 2024-2032
12. North America Liquid Potassium Fertilizers Market Structure
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