POTASH ORES MARKET ANALYSIS
Market Outlook
Global potash ores market size is projected to increase during the forecast period (2019-2027), owing to increasing demand for potassium from various industries around the world. Increasing demand for potash ore from the fertilizer industry is expected to support growth of the market in the near future. This demand is attributed to increasing demand for organic food and growing population around the world. Potash is an important nutrient for crops, which improves the yield and quality. Hence, this is expected to drive the market growth. Furthermore, increasing demand for sodium chloride from various industries is expected to increase the demand for potash ores and subsequently support the market growth. Sodium chloride has witnessed increasing demand from chemical industry for the production of caustic soda, sodium chloride, etc. Moreover, it is also used for the product in fish preservation.
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