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The Potash Global Market Report 2023 by The Business Research Company, provides potash market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.

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https://www.thebusinessresearchcompany.com/report/potash-global-market-report


According to The Business Research Company’s Potash Global Market Report 2023, the market size is expected to grow from $22.04 billion in 2022 to $23.03 billion in 2023 at a compound annual growth rate (CAGR) of 4.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of potash is expected to grow from $30.61 billion in 2027 at a CAGR of 7.4%.

The growth in the potash market is due to the increasing demand for mining in North America.

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The potash market is segmented:
1) By Type: Potash-Agriculture, and Potash-Industrial

2) By Mining Type: Underground Mining, Surface Mining
Potash solution mining techniques are being utilized for potash to improve extraction efficiency and increase profitability. Potash solution mining involves boring injection and recovery wells into the ground. A heated brine solution is injected into the deposit to dissolve the potash salts. The dissolved salts are then extracted to the surface and potash is separated and conditioned, which is the major trend in the potash market.

The potash market report table of contents includes:
1. Executive Summary
2. Report Structure
3. Potash Market Characteristics
4. Potash Market Product Analysis
5. Potash Market Supply Chain
..............
20. Key Mergers And Acquisitions In The Potash Market
21. Market Background: General Mineral Mining Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer
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