South America potash mining market accounts for the largest share in the global potash mining market.
The potash mining market consists of sales of potash by entities (organizations, sole traders and partnerships) that mine potash through conventional and solution mining methods.
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The potash mining market is expected to reach a value of nearly $26 billion by 2022, significantly growing at a growth rate of almost 1% during the forecast period. The growth in the potash mining market is due to the increasing demand for mining in North America.
However, the market for potash mining is expected to face certain restraints from several factors such as interest rate increases, workforce issues, and safety.
Potash solution mining techniques are being utilized for potash mining to improve extraction efficiency and increase profitability. Potash solution mining involves boring injection and recovery wells into the ground. A heated brine solution is injected into the deposit to dissolve the potash salts. The dissolved salts are then extracted to the surface and potash is separated and conditioned, which is the major trend in the potash mining market.
With an increase in the positive economic outlook, improved earning capacity, emerging market growth, the scope and potential for the global potash mining market is expected to significantly rise in the forecast period.
Major players in the global potash mining market include The Mosaic Company, Potash Corporation of Saskatchewan, K+S AG, Israel Chemicals, Uralkali.
The Mosaic Company is a Fortune 500 company based in Plymouth, Minnesota which mines phosphate and potash, and is the largest U.S. producer of potash and phosphate fertilizer. It is a combined producer and marketer of concentrated phosphate and potash with a customer base which includes wholesalers, retail dealers, and individual growers worldwide. Its headquarters are in Plymouth, Minnesota and it employs approximately 15,000 people in eight countries. Mosaic has approximately 10.4 million tonnes of operational potash capacity.
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Few Points from Table of Contents:
4. Potash Mining Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Potash Mining Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers
6. Potash Mining Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Potash Mining Market Trends And Strategies
8. Potash Mining Market Size And Growth
8.1. Market Size
8.2. Historic Market Growth, Value ($ Billion)
8.2.1. Drivers Of The Market
8.2.2. Restraints On The Market
8.3. Forecast Market Growth, Value ($ Billion)
8.3.1. Drivers Of The Market
8.3.2. Restraints On The Market
9. Potash Mining Market Regional Analysis
9.1. Global Potash Mining Market, 2018, By Region, Value ($ Billion)
9.2. Global Potash Mining Market, 2014 – 2022, Historic And Forecast, By Region
9.3. Global Potash Mining Market, Growth And Market Share Comparison, By Region
10. Potash Mining Market Segmentation
10.1. Global Potash Mining Market, Segmentation By Type, 2014 – 2022, Value ($ Billion)
10.1.1. Potash-Agriculture
10.1.2. Potash-Industrial
11. Potash Mining Market Metrics
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