Potassium Sulphate Market Set to Surpass US$ 6,566.6 Million in 2029, According to FMI’s Projections
A recently published market study by Future Market Insights (FMI) on the potassium sulphate market integrates the global industry analysis for 2014-2018 and market opportunity assessment for the forecast period of 2022-2029. The market study divulges fundamental insights and provides an in-depth market analysis for the historical as well as forecast period. Consumption of fertilizers is directly related to agricultural production and indirectly to the increasing global population; the higher the population more will be the requirement for food. On the other side, the loss of crops due to unforeseen seasonal changes and calamities will further deepen the food supply on a global scale. Changing eating habits such as increasing meat consumption, have increased the requirement for feed grains leading to increased fertilizer usage. Vegetables and fruits constitute about 27% of the total production and require chloride-free fertilizers for healthy growth. Thus, growing...