Global Potassium Chloride Category - Procurement Market Intelligence Report
About Potassium Chloride Market
Potassium chloride is a metal halide salt that readily dissolves in water. It is white, odorless, and has a crystalline appearance. Potassium chloride closely resembles common salt in appearance and is soluble in water, alkalis, and alcohol. Moreover, potassium chloride is used as a source of potassium supplement in agriculture. Low levels of potassium can result in brown scorching, curling of leaf tips, and chlorosis in plants among others. It can affect the growth of plants and the development of roots, seeds, and fruits.
The growth in demand for fertilizers from the agricultural industry is estimated to be one of the major factors driving the potassium chloride market during the forecast period. The growing demand for food crops from rapidly rising populations around the world is exerting pressure on the agricultural industry to produce better yield per unit area of cultivated land. This, in turn, is increasing the demand for fertilizers such as potassium chloride, which can help drive the crop yield.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Potassium Chloride Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
SpendEdge’s report, Global Potassium Chloride Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
- The growth in world population
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- The threat of product adulteration
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- Engage with suppliers that have adopted digital technologies in their operations
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- What are the market dynamics?
- What are the key market trends?
- What are the category growth drivers?
- What are the constraints to category growth?
- Who are the suppliers in this market?
- What are the demand-supply shifts?
- What are the major category requirements?
- What are the procurement best practices in this market?
- PART 1: CATEGORY AT A GLANCE
- TAKEAWAY 01 | Market Overview
- TAKEAWAY 02 | Demand and Supply Snapshot
- TAKEAWAY 03 | Key Market Dynamics
- TAKEAWAY 04 | Supply Market Highlights
- TAKEAWAY 05 | Pricing Insights
- TAKEAWAY 06 | Procurement Insights
- PART 2: SCOPE OF THE REPORT
- Category Definition
- Research Methodology
- PART 3: MARKET INSIGHTS
- Category Spend Analysis
- Category Maturity by Regions
- Demand-Supply Shifts
- Regional Demand-Supply Snapshot
- Market Developments
- Regional Impact of Trends
- Key Category Growth Drivers and Corresponding Regional Impacts
- Major Category Growth Constraints and Corresponding Regional Impacts
- Key Current Technological Innovations
- Major Regulatory Frameworks
- Strategic Sustainability Practices
- Porter’s Five Forces
- PESTLE Analysis
- PART 4: SUPPLY MARKET INSIGHTS
- Supplier Operational Capability Matrix
- Other Prominent Suppliers by Region: Operational Capability Matrix
- Supplier Functional Capability Matrix
- Other Prominent Suppliers by Region: Functional Capability Matrix
- Key Clients/Partners
- Supplier Cost Breakup
- Supplier Positioning Matrix
- PART 5: PRICING INSIGHTS
- Pricing Models Snapshot
- Pricing Models – Pros and Cons
- Indicative Pricing
- PART 6: PROCUREMENT INSIGHTS
- Major Category Requirements
- Major Procurement Pain Points
- Category Sourcing Evolution Matrix
- Procurement Best Practices
- Cost-saving Opportunities
- Supplier Selection Criteria
- Category Negotiation Strategies
- SLA Terms
- Supplier Evaluation Criteria
- Category Risk Analysis
- PART 7: TOP FIVE SUPPLIERS
- Agrium
- Uralkali
- ICL
- PotashCorp
- K+S
- PART 8: APPENDIX
- Glossary
- Key Notes
- About Us
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