The market research analyst estimates the potassium nitrate market to witness a steady growth at a CAGR of around 4%, in terms of volume, during the forecast period. The growing demand for nitrogen-based fertilizers, especially from the Asian region is driving the growth of this market. Countries such as China, India, Indonesia, Malaysia, and Vietnam, which accounts for nearly 40% of the world's population, are largest markets for these fertilizers. The loss of soil fertility and the arable land cover is expected to pose challenges for the growth of the market during the forecast perio...more >>
from Infiniti Research Limited Market Research Reports http://ift.tt/1Oiy06K