Potassium Humate Market Size

  • Report ID: 5705
  • Published Date: Nov 27, 2024
  • Report Format: PDF, PPT

Potassium Humate Market Size

Potassium Humate Market size was valued at USD 727.91 million in 2024 and is expected to reach USD 1.08 billion by 2037, expanding at around 3.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of potassium humate is assessed at USD 745.96 million. The rising awareness of risks associated with chemical fertilizers such as soil degradation, water pollution, and negative impacts on human health, is driving the growth of the market. As per a report, by 2050, nearly 90% of Earth's soils may have deteriorated from their current state of 33% degradation. Potassium humate offers a sustainable alternative as it is derived from natural sources, promotes soil health, enhances nutrient uptake by plants, and reduces the need for chemical fertilizers, thus appealing to environmentally conscious consumers and agricultural practices.

Due to the growing global use of fertilizers, where it is anticipated that there will be a significant demand for fertilizers over the evaluation period. This potassium humate fertilizer, which is composed of humic and fulvic acid as well as raw humates (plant matter), is an incredibly effective solution for sustainable agriculture. It also helps to increase nitrogen efficiency, which makes it a possible urea supplement. Thus, the addition of these basic materials to humate fertilizer improves the soil's capacity to retain nutrients, thereby bolstering nutrient absorption.


Potassium Humate Market
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Author Credits:  Rajrani Baghel


  • Report ID: 5705
  • Published Date: Nov 27, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of potassium humate is assessed at USD 745.96 million.

The potassium humate market size was valued at USD 727.91 million in 2024 and is expected to reach USD 1.08 billion by 2037, expanding at around 3.1% CAGR during the forecast period i.e., between 2025-2037. Growing development of the organic food industry, increasing population globally, growing technological advancements in bio-stimulant production, and growing use as a pollution detoxifying agent will boost the market growth.

Asia Pacific industry is estimated to dominate majority revenue share of 36% by 2037, due to growing production of agricultural products in the region.

The major players in the market are ICL, Locus AG, BASF AG, Solvay SA, UPL India, Syngenta, Croda International PLC, Bayer Crop Science, Eastman Chemical Company, Evonik Industries AG, and others.
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