The Global Potash Ore Market has seen a potential growth and expected to rise as the growth of fertilizer industry in the recent years. The rising demand and consumption of food will drive the fertilizer industry thereby; the demand is expected to increase for potash ores. North America and Europe are considered as the major market and consumer for organic food. Additionally, rising concern over hygienic food, increasing disposable income, and growing population are the driving factor which has captured the global potash ore market. Along with this, huge population is concerning about healthy food which is one of the major trends in the market.
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The global potash ores market is segmented on the basis of applications and mineral extracted. On the basis of application the global potash ores market is segmented into sodium chloride, potassium chloride and others. On the basis of application, the global potash ores market is segmented into agriculture industry, chemical industry and others (metallurgical industry).
Geographically, North America is considered as the largest market for organic food, where in Canada is the biggest market followed by the US. By 2011, Canada had a production capacity of 11.2 million tones. The US is also considered as the largest consumer of potash ore. Potash Ore Market is a major fertilizer in agriculture, therefore in the European countries such as United Kingdom, France, Germany, Switzerland and others, where the available arable land is more compared to other regions. However, this factor has anticipated the European market. As of now, China and India is the world’s largest consumer of potash ores due to the large arable land, huge population growth, and large employment is depended in agriculture.
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Study Objectives of Global Potash Ores
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