The Latin America, Middle East and Africa Potash Market would witness market growth of 5.2% CAGR during the forecast period (2023-2030).In the year 2026, the LAMEA market's volume is expected to surge to 40,648.9 kilo tonnes, showcasing a growth of 5.8% (2023-2030).
Many "potassium soaps," more delicate and less common than soaps made from sodium hydroxide, are precursors to caustic potash (potassium hydroxide). Compared to sodium soaps, potassium soaps are more soluble and require less water to liquefy. Detergents and colours are also made with caustic potash. Using potash (potassium chloride) to treat hard water is an environmentally friendly practice. It reduces the overall number of chlorides discharged in sewage or septic systems because it regenerates the ion exchange resins more effectively than sodium chloride.
Granular potash (potassium carbonate), used as a flux in the production of glass, lowers the melting point of a combination. Potash is frequently utilized in eyeglasses, televisions, glassware, and computer monitors due to the remarkable clarity it provides to glass. It is an essential component of deicer products, which remove ice and snow from surfaces like highways and building entrances. While other substances can be used for this purpose, potassium chloride has the advantage of fertilizing grass and other vegetation close to treated surfaces.
Caustic Potash is a food thickener, food additive, and pH control agent in the food sector. Due to its use in the pharmaceutical and chocolate industries, the FDA regards it as a product with no risks. A strong base that interacts with grease makes KOH a helpful ingredient in drain and oven cleaners and non-phosphate detergents. KOH is also a flexible cleaning agent in creating personal care products such as soaps, liquid lotions, hairsprays, and shampoos.
Animal and pet eating habits are changing across the Middle East and Africa due to the accessibility of a wide selection of pet food. These solutions are popularized due to their favourable health effects, lengthy shelf lives, and other characteristics. Animal feed is favoured since it satisfies dietary requirements, enhances taste appeal with delicious aroma and flavour, and offers a practical alternative for dogs and animals with dental issues. Supplemental potash is added to the feed to increase the amount of nutrients, encouraging healthy animal growth. The regional market is anticipated to experience significant expansion due to the region's growing demand for animal feed, which uses potash.
The Brazil market dominated the LAMEA Potash Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $5.8 billion by 2030. The Argentina market is estimated to grow at a CAGR of 4.9% during (2023 - 2030). Additionally, The South Africa market would register a CAGR of 5.8% during (2023 - 2030).
Based on Product, the market is segmented into Potassium Chloride, Potassium Nitrate, Potassium Sulphate, and Others. Based on End-use, the market is segmented into Agriculture and Non-Agriculture. Based on countries, the market is segmented into Brazil, Argentina, South Africa, Nigeria, Morocco, Chile, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Potash Market is Projected to reach USD 82.6 Billion by 2030, at a CAGR of 5.4%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include The Mosaic Company, Rio Tinto PLC, Compass Minerals International, Inc., Nutrien Limited, western nutrients corporation, Yara International ASA, BHP Group Limited, Encanto Potash Corp., Red Metal Ltd., and Intrepid Potash Inc.
Scope of the Study
Market Segments Covered in the Report:
By Product (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Potassium Chloride
- Potassium Nitrate
- Potassium Sulphate
- Others
By End User (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Agriculture
- Non-Agriculture
By Country (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Brazil
- Argentina
- South Africa
- Nigeria
- Morocco
- Chile
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- The Mosaic Company
- Rio Tinto PLC
- Compass Minerals International, Inc.
- Nutrien Limited
- Western nutrients corporation
- Yara International ASA
- BHP Group Limited
- Encanto Potash Corp.
- Red Metal Ltd.
- Intrepid Potash Inc.
TABLE 1 LAMEA Potash Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Potash Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Potash Market, 2019 - 2022, Kilo Tonnes
TABLE 4 LAMEA Potash Market, 2023 - 2030, Kilo Tonnes
TABLE 5 LAMEA Potash Market by Product, 2019 - 2022, USD Million
TABLE 6 LAMEA Potash Market by Product, 2023 - 2030, USD Million
TABLE 7 LAMEA Potash Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 8 LAMEA Potash Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 9 LAMEA Potassium Chloride Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Potassium Chloride Market by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Potassium Chloride Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 LAMEA Potassium Chloride Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 LAMEA Potassium Nitrate Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Potassium Nitrate Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Potassium Nitrate Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 LAMEA Potassium Nitrate Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 LAMEA Potassium Sulphate Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Potassium Sulphate Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Potassium Sulphate Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 LAMEA Potassium Sulphate Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 LAMEA Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 LAMEA Potash Market by End-use, 2019 - 2022, USD Million
TABLE 26 LAMEA Potash Market by End-use, 2023 - 2030, USD Million
TABLE 27 LAMEA Potash Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 28 LAMEA Potash Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 29 LAMEA Agriculture Market by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Agriculture Market by Country, 2023 - 2030, USD Million
TABLE 31 LAMEA Agriculture Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 LAMEA Agriculture Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 LAMEA Non-Agriculture Market by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Non-Agriculture Market by Country, 2023 - 2030, USD Million
TABLE 35 LAMEA Non-Agriculture Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 LAMEA Non-Agriculture Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 LAMEA Potash Market by Country, 2019 - 2022, USD Million
TABLE 38 LAMEA Potash Market by Country, 2023 - 2030, USD Million
TABLE 39 LAMEA Potash Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 LAMEA Potash Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 Brazil Potash Market, 2019 - 2022, USD Million
TABLE 42 Brazil Potash Market, 2023 - 2030, USD Million
TABLE 43 Brazil Potash Market, 2019 - 2022, Kilo Tonnes
TABLE 44 Brazil Potash Market, 2023 - 2030, Kilo Tonnes
TABLE 45 Brazil Potash Market by Product, 2019 - 2022, USD Million
TABLE 46 Brazil Potash Market by Product, 2023 - 2030, USD Million
TABLE 47 Brazil Potash Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 48 Brazil Potash Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 49 Brazil Potash Market by End-use, 2019 - 2022, USD Million
TABLE 50 Brazil Potash Market by End-use, 2023 - 2030, USD Million
TABLE 51 Brazil Potash Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 52 Brazil Potash Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 53 Argentina Potash Market, 2019 - 2022, USD Million
TABLE 54 Argentina Potash Market, 2023 - 2030, USD Million
TABLE 55 Argentina Potash Market, 2019 - 2022, Kilo Tonnes
TABLE 56 Argentina Potash Market, 2023 - 2030, Kilo Tonnes
TABLE 57 Argentina Potash Market by Product, 2019 - 2022, USD Million
TABLE 58 Argentina Potash Market by Product, 2023 - 2030, USD Million
TABLE 59 Argentina Potash Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 60 Argentina Potash Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 61 Argentina Potash Market by End-use, 2019 - 2022, USD Million
TABLE 62 Argentina Potash Market by End-use, 2023 - 2030, USD Million
TABLE 63 Argentina Potash Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 64 Argentina Potash Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 65 South Africa Potash Market, 2019 - 2022, USD Million
TABLE 66 South Africa Potash Market, 2023 - 2030, USD Million
TABLE 67 South Africa Potash Market, 2019 - 2022, Kilo Tonnes
TABLE 68 South Africa Potash Market, 2023 - 2030, Kilo Tonnes
TABLE 69 South Africa Potash Market by Product, 2019 - 2022, USD Million
TABLE 70 South Africa Potash Market by Product, 2023 - 2030, USD Million
TABLE 71 South Africa Potash Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 72 South Africa Potash Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 73 South Africa Potash Market by End-use, 2019 - 2022, USD Million
TABLE 74 South Africa Potash Market by End-use, 2023 - 2030, USD Million
TABLE 75 South Africa Potash Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 76 South Africa Potash Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 77 Nigeria Potash Market, 2019 - 2022, USD Million
TABLE 78 Nigeria Potash Market, 2023 - 2030, USD Million
TABLE 79 Nigeria Potash Market, 2019 - 2022, Kilo Tonnes
TABLE 80 Nigeria Potash Market, 2023 - 2030, Kilo Tonnes
TABLE 81 Nigeria Potash Market by Product, 2019 - 2022, USD Million
TABLE 82 Nigeria Potash Market by Product, 2023 - 2030, USD Million
TABLE 83 Nigeria Potash Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 84 Nigeria Potash Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 85 Nigeria Potash Market by End-use, 2019 - 2022, USD Million
TABLE 86 Nigeria Potash Market by End-use, 2023 - 2030, USD Million
TABLE 87 Nigeria Potash Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 88 Nigeria Potash Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 89 Morocco Potash Market, 2019 - 2022, USD Million
TABLE 90 Morocco Potash Market, 2023 - 2030, USD Million
TABLE 91 Morocco Potash Market, 2019 - 2022, Kilo Tonnes
TABLE 92 Morocco Potash Market, 2023 - 2030, Kilo Tonnes
TABLE 93 Morocco Potash Market by Product, 2019 - 2022, USD Million
TABLE 94 Morocco Potash Market by Product, 2023 - 2030, USD Million
TABLE 95 Morocco Potash Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 96 Morocco Potash Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 97 Morocco Potash Market by End-use, 2019 - 2022, USD Million
TABLE 98 Morocco Potash Market by End-use, 2023 - 2030, USD Million
TABLE 99 Morocco Potash Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 100 Morocco Potash Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 101 Chile Potash Market, 2019 - 2022, USD Million
TABLE 102 Chile Potash Market, 2023 - 2030, USD Million
TABLE 103 Chile Potash Market, 2019 - 2022, Kilo Tonnes
TABLE 104 Chile Potash Market, 2023 - 2030, Kilo Tonnes
TABLE 105 Chile Potash Market by Product, 2019 - 2022, USD Million
TABLE 106 Chile Potash Market by Product, 2023 - 2030, USD Million
TABLE 107 Chile Potash Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 108 Chile Potash Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 109 Chile Potash Market by End-use, 2019 - 2022, USD Million
TABLE 110 Chile Potash Market by End-use, 2023 - 2030, USD Million
TABLE 111 Chile Potash Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 112 Chile Potash Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 113 Rest of LAMEA Potash Market, 2019 - 2022, USD Million
TABLE 114 Rest of LAMEA Potash Market, 2023 - 2030, USD Million
TABLE 115 Rest of LAMEA Potash Market, 2019 - 2022, Kilo Tonnes
TABLE 116 Rest of LAMEA Potash Market, 2023 - 2030, Kilo Tonnes
TABLE 117 Rest of LAMEA Potash Market by Product, 2019 - 2022, USD Million
TABLE 118 Rest of LAMEA Potash Market by Product, 2023 - 2030, USD Million
TABLE 119 Rest of LAMEA Potash Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 120 Rest of LAMEA Potash Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 121 Rest of LAMEA Potash Market by End-use, 2019 - 2022, USD Million
TABLE 122 Rest of LAMEA Potash Market by End-use, 2023 - 2030, USD Million
TABLE 123 Rest of LAMEA Potash Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 124 Rest of LAMEA Potash Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 125 Key Information – The Mosaic Company
TABLE 126 key Information – Rio Tinto PLC
TABLE 127 Key Information – Compass Minerals International, Inc.
TABLE 128 Key Information – Nutrien Limited
TABLE 129 Key Information – Western Nutrients Corporation
TABLE 130 Key Information – Yara International ASA
TABLE 131 Key Information – BHP Group Limited
TABLE 132 Key Information – Encanto Potash Corp.
TABLE 133 Key Information – Intrepid Potash Inc,
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Potash Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Potash Market
FIG 4 Porter’s Five Forces Analysis – Potash Market
FIG 5 LAMEA Potash Market share by Product, 2022
FIG 6 LAMEA Potash Market share by Product, 2030
FIG 7 LAMEA Potash Market by Product, 2019 - 2030, USD Million
FIG 8 LAMEA Potash Market share by End-use, 2022
FIG 9 LAMEA Potash Market share by End-use, 2030
FIG 10 LAMEA Potash Market by End-use, 2019 - 2030, USD Million
FIG 11 LAMEA Potash Market share by Country, 2022
FIG 12 LAMEA Potash Market share by Country, 2030
FIG 13 LAMEA Potash Market by Country, 2019 - 2030, USD Million
FIG 14 Swot Analysis: The Mosaic Company
FIG 15 Swot Analysis: Rio Tinto PLC
FIG 16 Swot Analysis: Compass Minerals International, Inc.
FIG 17 Swot Analysis: Nutrien Limited
FIG 18 Swot Analysis: Western Nutrients Corporation
FIG 19 Swot Analysis: Yara International ASA
FIG 20 Swot Analysis: BHP Group Limited
FIG 21 Swot Analysis: Encanto Potash Corp.
FIG 22 Swot Analysis: Red Metal Limited
FIG 23 Swot Analysis: Intrepid Potash Inc.