Transparency Market
Research
Potassium Chloride Market for Fertilizers, Pharmaceuticals, Industrial and
Other Applications - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast, 2013 – 2019
Published Date
2014-05-15
79 Page Report
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Press Release
Global Potassium Chloride Market is Expected to Reach USD
32.87 Billion in 2019
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Potassium Chloride Market
Report Description
According to a new report published by Transparency Market Research, the global demand for potassium chloride was
valued at USD 21.67 billion in 2012 and is expected to reach USD 32.87 billion in 2019, growing at a CAGR of 10.8%
from 2013 to 2019. In terms of volume, the global demand for potassium chloride was 51,000.0 kilo tons in 2012.
Growth of the fertilizer industry is expected to be one of the major factors driving the demand for potassium chloride over
the next few years. In addition, increasing demand for organic food has contributed towards the growing consumption of
potash fertilizers, thereby boosting the potassium chloride market over the next few years. However, significant price
fluctuations of potassium chloride are expected to make a severe impact on the growth of the market over the forecast
period. Increasing use of potassium chloride as potash mobilizing biofertilizers is expected to provide new opportunities
for the growth of the market.
Browse the potassium chloride full report at
http://www.transparencymarketresearch.com/potassium-chloride-market.html
Demand for potassium chloride was the highest from the fertilizer application segment in 2012. Various potash fertilizers
are used in the industry which constitutes the largest global industrial use of potassium chloride. Moreover, the market for
KCl in fertilizers...