Muriate of Potash (MOP) Market Expected to Cross $14 Billion Amid Weak Consumer Demand by 2022
Growing demand from fertilizer industry, decreasing
MOP prices and unfavorable weather conditions to thrive global MOP market
through 2022
According
to TechSci Research report, “Global Muriate of Potash (MOP) Market By Crop,
By Region, Competition Forecast & Opportunities, 2012 – 2022”,
the global MOP market is projected to surpass $ 14.75 billion by 2022,
predominantly on account of growing demand for MOP from two major developing
economies, China and India, the two Asian countries are the largest consumers
of MOP as they have a huge population base, owing to which demand for food
supplies is relatively high as compared to other countries. Moreover, erratic
weather patterns in South Asia result in floods and draughts, thereby
compelling farmers to use fertilizers for improving their crop productivity,
which consequently boosts MOP demand.
Browse 487 Figures spread through 285
Pages and an in-depth TOC on "Global Muriate of Potash (MOP) Market" https://www.techsciresearch.com/report/global-muriate-of-potash-mop-market/1597.html
Fruits & vegetables segment is expected to
dominate the global MOP market in the coming years, owing to growing demand for
healthy and nutrient-rich food, globally. Rising population, increasing middle
class income and growing consumer inclination towards vegetarian food are some
of the factors expected to augment use of MOP for boosting the production of
fruits & vegetables. Moreover, improving subsidy standards, decreasing
average price of MOP and emergence of bio-fertilizers are few other factors anticipated
to boost demand for MOP across the globe during the forecast period.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=1597 Customers can also request for 10% free customization
on this report.
“Extensive use of MOP in crops and favorable
government policies to boost the use of fertilizers for higher productivity is
expected to contribute immensely to the growing demand for MOP, globally.
Moreover, growing collaborations in MOP market and rising investments related
to MOP fertilizers in various countries are anticipated to steer growth in the
global MOP market over the next five years,” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“Global
Muriate of Potash (MOP) Market By Crop, By Region, Competition Forecast &
Opportunities, 2012 – 2022” has evaluated the future growth
potential of global MOP market and provides statistics and information on
market size, structure and trends. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment evaluation.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities in global MOP market.
About TechSci Research
TechSci Research is a leading global market research firm publishing
premium market research reports. Serving 700 global clients with more than 600
premium market research studies, TechSci Research is serving clients across 11
different industrial verticals. TechSci Research specializes in research based
consulting assignments in high growth and emerging markets, leading
technologies and niche applications. Our workforce of more than 100 fulltime
Analysts and Consultants employing innovative research solutions and tracking
global and country specific high growth markets helps TechSci clients to lead
rather than follow market trends.
Contact
Mr.
Ken Mathews
708
Third Avenue,
Manhattan,
NY,
New
York – 10017
Tel:
+1-646-360-1656
Email:
[email protected]