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Water Soluble Fertilizers Market Size, Growth | Regional Analysis and Forecast to 2030 | ChemAnalyst
According to ChemAnalyst report, “Global Water-Soluble Fertilizers (WSF) Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, global Water-Soluble Fertilizers (WSF) market has shown considerable growth in historic period and is anticipated to achieve a healthy CAGR of 5.65% during the forecast period. The harmful impact of excessive fertilizers consumption on environment has become a condemning issue for agriculture industry and farmers as well. In order to increase the production of crops, cropping patterns, changes in fertilization and methods for high yielding varieties have contributed to the increased use of WSF. As Water Soluble Fertilizers are readily soluble in water, they help in the process of fertigation by releasing the essential nutrients to the plant roots where they are easily absorbed.
Water-Soluble Fertilizers are those fertilizers that can easily be dissolved in the soil. Different fertilizers and fertilization techniques have become a major solution to the ever-growing demand for agricultural products. Keeping the water resources and degradation of soil, Modern agriculture must supply products with optimal rates throughout the growth cycle in the most efficient manner possible. WSF are of different types such as phosphatic, nitrogenous, potassic, and micronutrients. Due to their nutrient enhancing properties, they also find its application in foliar operations. Depending upon the crop type, WSF can be segmented into plantations, cereals, horticulture, vegetables, greenhouse crops, turf and ornamentals. With the help of WSF, essential nutrients can be uniformly applied throughout the plant on daily bases. It also helps in reducing the accumulation of salts in the soil. Due to increasing environmental concern and changing climate pattern, the agriculture industry is being continuously challenged to evaluate ‘green’ or ‘bio-based’ products and processes.
Browse the full report: https://www.chemanalyst.com/industry-report/water-soluble-fertilizer-market-600
Due to the advancement in farming techniques such as smart plantation and precision farming, there is a surge in the demand of Water-Soluble Fertilizers which will drive the global market of WSF in upcoming years. High requirement of organic and green fertilizers is expected to further push the demand of WSF during the forecast period. Additionally, mergers and acquisitions in companies including the merger between Agrium, Potash and Nutrien are anticipated to create growth opportunities in the near future. WSF will highly influence the economy and crop yield of cultivation. Growing demand of vegetables and fruits due to high population is likely to propel the WSF market worldwide. Due to the small number of restrictions on product approval, low cost for the development of product and high yielding of crops, WSF are highly adopted by agricultural industry.
Major players for water soluble fertilizer globally include Agrium, Haifa, Potash Corp, Mosaic Company, Yara International, Israel Chemical Limited, Sociedad Quimica Yminera SA SQM (Chile), and Others.
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Due to the onset of COVID-19, the supply of Water-Soluble Fertilizers was highly affected. The global crises had a huge impact on the sales and distribution of WSF and other agrochemicals. Due to government’s restrictions on travel ban, the manufacturers discontinued their operations for a while, which in turn affected the global supply chain.
Region wise, Asia Pacific region dominates the Water-Soluble Fertilizers market. The dominance in Asian countries is due to the continuous rise in population and requirements for food security. Also, the support from government for agriculture modernization is another factor propelling demand rise in Asia Pacific.
Key Points of this Report:
Analysing the market potential by its grade, applications, end-use, segments and volume by calculating the Compound Annual Growth Rate (CAGR) from historic and forecast period.
Focusing on the driving factors, opportunities, growth, potential and challenges in the market.
Brief information on the production, manufacturing, handling, sales and distribution across different geographic channels to expand economy and revenue.
Evaluating a competitive landscape of more than ten global companies by analysing their product value, import-export sales and supply-demand gap.
“Being linked to the downstream application such plant growth, irrigation and crop protection etc, the global Water-Soluble Fertilizers Industry has shown a significant growth along with the growing population, demand for food security and government support. It is anticipated that in upcoming years, India is going to become the world's fifth biggest consumer market. In addition, growing per capita income worldwide poised a stronger outlook to the country’s WSF demand. The government’s restriction due to global crises affected the global supply chain and caused immediate shortage of labours for large scale production. Meanwhile, China serves as the largest region for growth as well as with sufficiently installed capacities. With new competitors emerging across the Asian WSF market, it is extremely important to keep an eye which region will grab the biggest market share in the upcoming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.
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Water Soluble Fertilizers Market Regional Analysis by Key Players by 2024
The global water soluble fertilizers market size is expected to reach USD 22.0 billion by 2024, at a registering a CAGR of 6.5% over the forecast period, according to a new report by Grand View Research, Inc. Rising demand for the product as they improve crop quality and increases crop production output significantly will augment market growth over the forecast period. Increasing crop production in countries including China, India, the U.S., Indonesia, Brazil, Japan and Mexico on account of growing population will drive industry size over the next eight years. Decreasing availability of arable land is expected to fuel the product demand over the forecast period.
Horticultural crops are projected to show significant revenue gains at a CAGR of 6.8% from 2016 to 2024 owing to rising consumption of fruits, vegetables, spices and medicinal plants. Moreover, rapid economic development, government support, advancements in fertilizer manufacturing is anticipated to propel market demand.
Further key findings from the report suggest:
• Foliar accounted for 30.4% of the overall volume and will show steady growth in light of rising application in various fruits & vegetables including tomatoes, beans, and melons. However, high cost as compared to fertigation will pose a challenge to its growth.
• Europe accounted for 37.6% of the overall revenue share in 2015 and is expected to witness significant gains in light of rising food security concern owing to growing population along with high export demand for food products including wheat and cereals from Germany, France, Italy and UK. Moreover, the presence of key participants including Yara International, Bunge Ltd., Agrium, Eurochem, Potash Corp, and CF Industries will promote industry growth.
• Latin America will witness substantial revenue rise at a CAGR of 7.2% from 2016 to 2024 on account of the presence of various major participants including The Mosaic Company, Potash Corp, and Haifa Chemicals. Development of agricultural policies and government schemes to promote micro irrigation systems, which dispenses water soluble fertilizers will augment industry size.
• Water soluble fertilizers industry is dominated by major participants including Agrium Inc., Potash Corp, Israel Chemicals Limited, The Mosaic Company, K+S AG, and Yara International ASA. Ongoing product innovation to produce efficient and cost-effective fertilizers is expected to lead to industry expansion over the next eight years.
• In April 2016, Yara International expanded the Rio Grande fertilizer plant capacity in Brazil to create one of the most modern fertilizer sites. In December 2015, Yara International acquired Greenbelt Fertilizers to expand the fertilizer business in Zambia and surrounding areas that were experiencing fast agricultural growth. In March 2015, Israel Chemicals planned to build a potassium nitrate production plant to meet growing demand for soluble specialty fertilizers.
Fertilizer Industry Size was valued at USD 201.3 Million Tons in 2021 and is projected to expand at a CAGR of 1.2% during 2022 to 2030.
Water Soluble Fertilizer Market Segmentation
Grand View Research has segmented the global water soluble fertilizers market on the basis of product, crop type, application, and region:
Water Soluble Fertilizers Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 – 2024)
• Nitrogenous
• Phosphatic
• Potassium
• Micronutrients
• Secondary nutrients
Water Soluble Fertilizers Crop Type Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 – 2024)
• Field
• Horticultural
• Plantation
• Turf & ornamental
Water Soluble Fertilizers Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 – 2024)
• Fertigation
• Foliar
Water Soluble Fertilizers Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 – 2024)
• North America
U.S.
Mexico
Canada
• Europe
Germany
UK
Italy
Russia
Spain
Ukraine
• Asia Pacific
China
India
Japan
Australia
Malaysia
• Latin America
Brazil
• MEA
South Africa
Request free sample copy of Fertilizer Industry Data Book @ https://www.grandviewresearch.com/sector-report/fertilizer-industry-data-book/request/rs1
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
#Water Soluble Fertilizer Industry#Water soluble fertilizer manufacturers#Water Soluble Fertilizer Market Research#Water Soluble Fertilizer#Water Soluble Fertilizer Market Trends#Water Soluble Fertilizer Market Report
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Global Agricultural Micronutrients Market Research Report And Market Future Outlook To 2025: Ken Research Micronutrients are the vital elements for plants necessarily in small quantities. Micronutrients are the basic input in agriculture to get better the quality & yield of agriculture products.
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Global Agricultural Micronutrients Market was valued at USD 3.8 Billion in 2020 and by 2025 it is projected to grow USD 5.6 Billion at a growth rate CAGR of 8.7% during the forecast period 2020-2025
The global agricultural micronutrients market is expected to be worth USD 3.8 billion in 2020, rising to USD 5.6 billion by 2025, with a CAGR of 8.7% over the forecast period. The agricultural micronutrients market is expected to expand due to factors such as rising soil micronutrient deficiencies and rising knowledge about food security.
Micronutrients are required by plants for healthy growth. Certain biochemical functions associated with plant metabolism and plant growth are associated with micronutrients. Conventionally, farmers focussed on phosphate, nitrogen, potash, but lately, due to increased pest infestation and plant diseases, farmers are now focussing on increased adoption of various micronutrients.
During the historical era, APAC was the largest agricultural micronutrients sector, and this trend is expected to continue during the forecast period when it will also experience the fastest growth. Because of the constant sowing and reaping cycles, there is a strong micronutrient deficit in the soil and poor biofortification of crops.
In the forecast period of 2020-2027, technological advances in the production of agricultural micronutrients, as well as rapid growth, are expected to generate new opportunities for the agricultural micronutrients market.
Since cereals are the most commonly consumed crop on the planet, the cereals & grains segment is expected to rise at the fastest rate. Food consumption is increasing in developing countries due to rising population and economic growth. Soil texture, pH impact, climatic variability, and organic matter are all factors that influence micronutrient availability in soil. The availability of micronutrients in the soil decreases as the pH rises. Crop growth is limited by a lack of micronutrients in the soil. If left unchecked, this will have a direct impact on crop production as well as decrease the efficiency with which macronutrient fertilisers are applied.
Increased deficiency of essential minerals in the soil needed for plant growth, such as zinc, copper, and iron, among others, is a major factor driving the growth of the agricultural micronutrients market. Other major factors driving the growth of the agricultural micronutrients market include increasing soil pollution around the world and research activities on the production and introduction of low-cost agricultural micronutrients.
A bad diet can be blamed for an increase in the incidence of micronutrient deficiency in people. Micronutrient deficiencies in agricultural soil reduce crop yield and nutritional quality, as well as have an adverse effect on human health. Micronutrient deficiencies can cause a variety of health problems in people. It's also possible that it'll boost the mortality rate.
The global population is increasing tremendously. According to the Population Reference Bureau (PRB), the global human population is projected to increase by 75 million people each year, or 1.1 per cent. As a result, the world's population is projected to hit 9.9 billion in 2050, up from an estimated 7.4 billion in 2017. As the world's population rises, so does the demand for food. An increasing population means a growing appetite, and a growing appetite means agriculture can play a larger role in the world's future. Since the number of arable acres is only projected to increase modestly, agricultural farmers would need to become more effective and profitable in order to feed an increasing world of hungry people. At the same time, crop production will continue to be hampered by unpredictably harsh weather, such as drought, flooding, and extreme heat, among other factors.
The lack of knowledge among farmers about the benefits of using agricultural micronutrients will be a restraining factor for the agricultural micronutrients market during the forecast period, posing a further challenge to the market's development. Apart from this, lack of agriculture budget, the booming organic fertilizer industry and bio-accumulation of non-biodegradable chelates can hinder the agriculture micronutrients market rise.
Some of the Market Key Players are:
BASF SE
AkzoNobel
Nutrien, Ltd.
Yara International ASA
The Mosaic Company
Compass minerals international
Valagro
Haifa Group
Agrium Inc.
ADAMA Agricultural Solutions Ltd.
Baicor, L.C.
Brandt Consolidated Inc.
Grow More Inc.
Kay-Flo.
Micnelf USA Inc.
Stoller USA, Inc.
Verdesian Life Sciences, LLC
Merck KGaA.
Sigma-Aldrich Corporation
Global Agricultural Micronutrients Market Coverage
Type Insight and Forecast 2015-2025
Zinc
Boron
Iron
Manganese
Molybdenum
Others (Chlorine and Nickel)
Crop Type Insight and Forecast 2015-2025
Cereals & grains
Oilseeds & pulses
Fruits & Vegetables
Others (Turfs, ornamentals, plantation crops, forages, and fibre crops)
Geographical Segmentation
Global Agricultural Micronutrients Market by Region
North America
By Type
By Crop Type
By Form
By Country – U.S., Canada, and Mexico
Europe
By Type
By Crop Type
By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe
Asia-Pacific (APAC)
By Type
By Crop Type
By Form
By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific
Rest of the World (RoW)
By Type
By Crop Type
By Form
By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries
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Sulfur Fertilizers Market Size And Forecast
Global SulfurFertilizers Market was valued at USD 5.73 billion in 2019 and is projected to reach USD 6.98 billion by 2027, growing at a CAGR of 2.7% from 2020 to 2027.
In the Global Sulfur Fertilizers Market report, the introduction covers the facts and figures collected from various authentic sources along with the in-house database. Our research team has gathered data in the form of charts, tables and diagrams to make it easy to for the clients to understand the market landscape.
The report studies the market dynamics to identify and scrutinize the strategic initiatives and tactics undertaken by the industry players in order to gain a robust footing in the market and to achieve a substantial global position. It provides exhaustive analysis and imparts insightful data to help the readers understand the Sulfur Fertilizers industry in detail and gain a competitive advantage over other players. The report also provides strategic recommendations to new and emerging players to help them formulate better entry and investment strategies.
The report covers extensive analysis of the key market players in the market, along with their business overview, expansion plans, and strategies.
The key players studied in the report include:
Koch Industries
Agrium
Uralchem
Yara
The Kugler Company
The Mosaic Company
Deepak Fertilisers and Petrochemicals
Coromandel International
Eurochem
ICL
Potash Corp. of Saskawatchen
K+S Aktiengesellschaft
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The report offers a comprehensive analysis of the Sulfur Fertilizers market inclusive of product portfolio, categories, applications, and a comprehensive analysis of the value chain structure. The study investigates several factors influencing the growth of the market and provides a competitive advantage to the readers.
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The global Sulfur Fertilizersmarket is segmented on the type, formulation, application method, crop type and region. 1. By Type: 1.1 Sulfate Fertilizers 1.1.1 Ammonium Sulfate 1.1.2 Potassium Sulfate 1.1.3 Single Superphosphate 1.1.4 Potassium Magnesium Sulfate 1.1.5 Calcium Sulfate 1.1.6 Ammonium Phosphate Sulfate 1.1.7 Others 1.2 Elemental Sulfur Fertilizers 1.2.1 Elemental Sulfur 1.2.2 Sulfur Bentonite 1.2.3 Others 1.2.4 Sulfates of Micronutrients 1.2.5 Copper 1.2.6 Iron 1.2.7 Zinc 1.2.8 Manganese 1.2.9 Others 1.3 Others
2. By Formulation: 2.1 Liquid 2.2 Dry
3. By Application Method: 3.1 Band 3.2 Broadcast 3.3 Seed RoW 3.4 Foliar 3.5 Others
4. By Application Method: 4.1 Conventional Agriculture 4.1.1 Cereals and Grains 4.1.2 Oilseeds and Pulses 4.1.3 Fruits and Vegetables 4.1.4 Others 4.2 Controlled Environment Agriculture
The report covers an extensive regional analysis and market estimation in each region and covers key geographical regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
To read more about the report, visit @ https://www.verifiedmarketresearch.com/product/Sulfur-Fertilizers-Market/
#Sulfur Fertilizers Market Size#Sulfur Fertilizers Market Share#Sulfur Fertilizers Market Scope#Sulfur Fertilizers Market Trends#Sulfur Fertilizers Market Outlook#Sulfur Fertilizers Market Forecast
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Upcoming Growth Trends in the Controlled Release Fertilizer Market
The global controlled release fertilizers market is estimated at USD 2.4 Billion in 2021; it is projected to grow at a CAGR of 6.4% to reach USD 3.3 Billion by 2026. Necessity for highly efficient fertilizers, increase in environmental concerns, favorable government policies and regulations, increasing adoption of precision farming technology are key factors that are projected to drive the growth of the controlled release fertilizer market during the forecast period.
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The controlled release fertilizers market consists of a few globally established players such as Yara International ASA (Norway), Nutrien Ltd. (Canada), The Mosaic Company (US), ICL Group (Israel), Nufarm Ltd. (Australia), Kingenta (China), ScottsMiracle-Gro (US), Koch Industries (US), Helena Chemical (US), and SQM (Chile), Haifa Chemicals (Israel), JCAM AGRI Co., Ltd. (Tokyo), COMPO EXPERT GmbH (Germany), The Andersons Inc. (US), Van Iperen International (Netherlands). Strategic partnerships were the dominant strategy adopted by the key players, followed by expansions and new product launches. These strategies have helped them to increase their presence in different regions and industrial segments.
Yara, formerly known as Norsk Hydro in 1905, changed its name to Yara International ASA in 2004, which is primarily engaged in the manufacture and marketing of fertilizers and industrial products. The company operates through major business segments, namely, fertilizer and chemical products, freight and insurance services. The company has its presence in 160 countries in Europe, Africa, Asia, North America, and South & Central America. Yara has 10,800+ retail outlets around the world. It operates through its subsidiaries, including Yara China Ltd. (China), Yara Guatemala S.A. (Guatemala), Yara North America, Inc. (US), Yara Colombia Ltda. (Colombia), Yara Hellas S.A. (Greece), and Yara Asia Pte. Ltd. (Singapore). It has global operations in more than 60 countries and sales offices in more than 160 countries. The company provides slow-release fertilizers and micronutrient-coated fertilizers through its brands, namely, YaraMila, YaraVita, and Yara Vera.
Nutrien, Ltd. was formed in 2018 through a merger between Agrium, Inc. (Canada) and Potash Corporation of Saskatchewan Inc. (PotashCorp) (Canada) to become one of the world’s largest premier providers of crop inputs and services. Nutrien Ltd. has the most extensive crop nutrient product portfolio, combined with its global retail distribution network, which includes more than 1,500 farm retail centers. The company is a leading manufacturer and distributes over 27 million tons of nitrogen, potash, and phosphate products for industrial, agricultural, and feed consumers worldwide, and the company also has an additional 5 million tonnes (5.5 million tons) of potash capacity. Nutrien Ltd. is the third-largest nitrogen producer in the world with over 7 million tonnes (7.7 million tons) of gross ammonia capacity and the ability to produce more than 11 million tonnes (12.1 million tons) of total nitrogen products in the US, Canada, and Trinidad. The company is involved in potash crop products (fertilizer, feed, industrial, metal finishing and purified acids) and Agrium products (Fertilizer, feed and industrial products). The company provides its fertilizer products in dry form and liquid form. The company offers fertilizer products such as nitrogen (dry), nitrogen (liquid), potash (dry), potash (liquid), industrial (dry), and industrial (liquid).
ICL, also known as Israel Chemicals Ltd., is a global manufacturer of fertilizers, chemicals, and minerals. It provides potash, phosphate, and advanced technology-based specialty fertilizers. Through specialty fertilizers, the company offers controlled-release fertilizers for crops such as ornamentals, fruits & vegetables, and turf. The company serves three key sectors, namely, agriculture, food, and engineered materials. The company operations are organized under four segments Industrial Products (Bromine), Potash, Phosphate Solution, and Innovative AG Solutions. Innovative Ag solution includes specialty fertilizer business. The company’s manufacturing operations are located in Israel, Europe, North & South America, and China.
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Demand for controlled-release fertilizers has been growing in this region, due to increasing investment of overseas business lines in agricultural inputs to exclusively meet the demand of crop growers to attain export quality. Additionally, the regulations for controlled-release fertilizers are favorable in this region. China is estimated to account for the largest share in the Asia Pacific controlled-release fertilizers market due to the increasing investments by several multinational manufacturers in research & development.
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Water-soluble fertilizers Market Planning, Innovation to See Modest Growth
The global water-soluble fertilizers market is witnessing a constant rise in its revenues over the past few years. This growth attributes to the increasing consumption of these fertilizers and the burgeoning agriculture industry worldwide. The global food demand has been continuously rising with population growth and rising incomes, which is expanding the needs to grow crops into rapidly drying areas across the world.
This is a major force driving the demand for water-soluble fertilizers for use in horticulture. Besides the rising penetration of precision irrigation, a modern technique, also known as fertigation, is escalating the market growth to furthered height. According to Market Research Future (MRFR), the global water-soluble fertilizers market is estimated to grow colossally by 2030, registering a steady CAGR during the forecast period (2020 to 2030).
Augmented demand for maximizing yields with water & nutrients in exact quantities while conserving resources defines the growth landscape of the market. Also, the rising awareness regarding various agrochemical products among farmers and other end-users drives the global water-soluble fertilizers market significantly. The growing adoption of advanced farming techniques, alongside the availability of multi-functional products and the increasing demand for effective fertilizers & crop protection, boosts the market demand.
On the other hand, high production costs and the rising adoption of organic farming are predicted to hamper the growth of the water-soluble fertilizer market over the next few years. Also, stringent regulations against the use of synthetic materials are projected to hamper the growth of the market. Nevertheless, increasing consumer demand and rising fair trade would support market growth throughout the forecast period.
Major Players:
Players leading the global water-soluble fertilizers market include Agrium Inc. (Canada), Yara International ASA (Norway), K+S Aktiengesellschaft (Germany), Israel Chemical Limited (Israel), Sociedad Quimica Y Minera SA (SQM) (Chile), The Mosaic Company (US), Haifa Chemicals Limited (Israel), EuroChem (Switzerland), Compo GmbH & Co (Germany), and Coromandel International Limited (India), among others.
Global Water-Soluble Fertilizers Market – Segments
The analysis has been segmented into four main dynamics to widen the scope of understanding,
By Product Type : Macronutrient Fertilizers and Micronutrient Fertilizers.
By Crop Type : Horticultural Crops, Field Crops, Turf & Ornamentals, and others.
By Application : Foliar and Fertigation.
By Regions : Americas, Europe, Asia-Pacific, Middle East & Africa, and Rest-of-the-World.
Global Water-Soluble Fertilizers Market – Geographical Analysis
Europe dominates the global water-soluble fertilizers market owing to increasing awareness among cultivators about the benefits of fertilizers on crops. Besides, factors such as the presence of prominent players and excessive consumption of these fertilizers in the plantation of turf & decorative plants drive the growth of the regional market. The European Water-Soluble Fertilizers market is expected to account for a significant share, globally.
North America stands second in the global water-soluble fertilizers market due to its precision farming practices. Moreover, the growing agriculture sector and augmenting demand for turf & ornamental plants in the region are fostering the market growth. Besides, the presence of a large number of agrochemical companies impacts market growth positively. The US, with its large numbers of agrochemical companies, contributes to the growth of the regional market majorly. The North American water-soluble fertilizers market is projected to witness steady growth throughout the forecast period.
The Asia Pacific water-soluble fertilizers market is a lucratively growing market. Growing exports of fertilizers and agricultural technologies act as a major driving force behind the growth of the regional market. Additionally, large production capacities and increasing population in rapidly developing countries such as China & India drive regional market growth. Moreover, increasing demand for these fertilizers propels the growth of the regional market further. Also, the substantially growing food demand over the past few years is expected to influence the regional market growth positively. The APAC water-soluble fertilizers market is projected to register the highest CAGR over the forecast period.
Global Water-Soluble Fertilizers Market – Competitive Analysis
Highly competitive, the water-soluble fertilizers market appears to be fragmented with the presence of several well-established players. Mergers & acquisitions, collaboration, innovation, and brand reinforcement remain the key trends for leading players. Manufacturers strive to develop fertilizers designed to have a longer life and lower total costs. The market will witness fierce competition due to the expected extensions in product & service and product innovations.
Industry/ Innovations/ Related News
March 13, 2020 ---- Veolia Water Technologies (France), the world's largest supplier of water services, announced its plans to expand crystallization capacity at its potash plant in Jordan. The company said it would initiate a processing plant integrating HPD® crystallization systems that are designed to extract high-quality potash fertilizer from the Dead Sea.
This would further help in bettering process the carnallite feedstock and extract water-soluble potash fertilizer. World-leading potash producer is well-positioned to grow the exports of these specialty products into regional and international markets such as India, China, Africa, and the Middle East.
NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
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Sulfuric Acid Market Suppliers,Drivers, Industry Growth and Opportunities 2027
Reports and Data has recently published a new report titled Global Sulfuric Acid Market that offers vital statistical data about market size, market share, revenue growth, and evaluation of key segments such as types, applications, regions, technology, end-user, and prominent players of the industry. The report is further furnished with the latest market scenario pertaining to the global COVID-19 crisis and disruption in supply chain, changes in demands and trends, and economic scenario. The report also provides strategic recommendations to the new entrants pertaining to entry level barriers and to established players to help them gain a robust footing in the market and capitalize on lucrative opportunities in the market.
The global sulfuric acid market is expected to reach USD 13.88 Billion by 2027, according to a new report by Reports and Data. Growing demand for fertilizers for high crop yield is one of the significant factors influencing the market growth. Fertilizers allow farmers to increase their crop yield by boosting the productivity of the agricultural land, as well as can make an otherwise less productive land produce substantial yields. Fertilizers are formulated to support the yield of certain plants by allowing the plants to absorb the essential macro and micronutrient easily. The worldwide demand for fertilizers has witnessed a decent pace of growth, with the demand being more than 138 million tons in the year 2000 and rose to around 210 million tons in the year 2019.
Prominent players analyzed in the report are :
BASF SE, DuPont, AkzoNobel NV, Solvay, Chemtrade Refinery, Valero Energy, Agrium Inc., PVS Chemical Solution, The Mosaic Company, and Potash Corp., among others.
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Market Overview:
Chemical and manufacturing industry largely caters to a broad range of commodity-related manufacturing and include a wide variety of materials such as sand, gravel, stone, and chemicals. Increasing focus on development of sustainable chemicals and materials, advancements in the development of smart materials such as nanocomposites and other advanced composites, and growing popularity of 3D printing have significantly contributed to revenue growth of the market. In addition, rising emphasis on green building and construction have increased use of renewable resources and this is also a key factor driving market growth.
Key companies are engaged in developing advanced materials having robust characteristics and forming strategic alliances such as mergers and acquisitions, joint ventures, collaborations, and product launches among others to gain a robust footing in the market. The competitive landscape section offers a comprehensive analysis of the competitive landscape along with profiles of the companies, their product portfolios, and lucrative business strategies undertaken by them.
The report further segments the Sulfuric Acid market based on product types, applications, technology, end-use, and region, among others. The report also offers insights into key factors influencing the revenue growth of each segment and sub-segment along with market revenue share and CAGR.
Raw Materials Outlook (Volume, Kilo Tons, Revenue, USD Million; 2017-2027)
Elemental Sulfur
Base Metal Smelters
Pyrite Ore
Others
Distribution Channel Outlook (Volume, Kilo Tons, Revenue, USD Million; 2017-2027)
Online
Offline
Application Outlook (Volume, Kilo Tons, Revenue, USD Million; 2017-2027)
Fertilizers
Chemical Production
Metal Processing
Automotive
Petroleum Refining
Others
The report also offers a detailed regional analysis along with information about which region is expected to account for largest revenue share or register the fastest revenue growth and the key factors contributing to their growth. The regions are analyzed with regards to supply and demand, import/export, production and consumption pattern, market share, revenue contribution, market size, along with a stringent analysis of the key players present in the key regions.
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Regional analysis covers the following key regions:
North America (U.S.A., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of Europe)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Specialty Fertilizer Market 2021 Growth, COVID Impact, Trends Analysis Report 2027
The global market for special fertilizers is expected to grow at a CAGR of 7% over the forecast period (2021-2027). The drivers identified in the market are increasing worldwide in the field of precision agriculture, the incidence of fertilizer leaching is increasing, there is a need for improved fertilizer use efficiency and a favorable government policy. The government is encouraging farmers to follow sustainable agricultural practices to increase productivity while minimizing environmental damage, and demand for special fertilizers is increasing.
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Key Market players
Agrium Inc.
Art Wilson Co.
Atlantic Gold
Behn Meyer Holding Ag.
Borealis Ag.
Brandt
Clariant Ag.
Coromandel International Limited
Evergrow Products
Everris Fertilizers
A full report of Specialty Fertilizer Market available at: https://www.orionmarketreports.com/specialty-fertilizers-market/32408/
Specialty Fertilizer Market - Segmentation
By Type
Controlled Release Fertilizers (CRF)
Slow-Release Fertilizers (SRF)
Micronutrient Fertilizers
Customized Fertilizers
Other Modes of Action
By Crop Type
Grains and Cereals
Pulses and Oilseeds
Commercial Crops
Fruits and Vegetables
Other Crop Types
The report covers the following objectives:
Proliferation and maturation of trade in the Specialty Fertilizer Market
The market share of the Specialty Fertilizer Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
Current and future market trends that are influencing the growth opportunities and growth rate of the Specialty Fertilizer Market.
Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Specialty Fertilizer Market.
Recent Developments
Market Overview and growth analysis
Import and Export Overview
Volume Analysis
Current Market Trends and Future Outlook
Market Opportunistic and Attractive Investment Segment
Geographic Coverage
North America Market Size and/or Volume
Latin America Market Size and/or Volume
Europe Market Size and/or Volume
Asia-Pacific Market Size and/or Volume
Rest of the world Market Size and/or Volume
Key Questions Answered by Specialty Fertilizer Market Report
What was the Specialty Fertilizer Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
What will be the CAGR of Aircraft Heat Exchanger Market during the forecast period (2021-2027)?
Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
Which manufacturer/vendor/players in the Specialty Fertilizer Market was the market leader in 2018?
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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Global Agricultural Micronutrients Market – Analysis and Forecast (2020-2025)
The global agricultural micronutrients market is expected to be worth USD 3.8 billion in 2020, rising to USD 5.6 billion by 2025, with a CAGR of 8.7% over the forecast period. The agricultural micronutrients market is expected to expand due to factors such as rising soil micronutrient deficiencies and rising knowledge about food security.
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Trends:
In the forecast period of 2020-2027, technological advances in the production of agricultural micronutrients, as well as rapid growth, are expected to generate new opportunities for the agricultural micronutrient market.
Since cereals are the most commonly consumed crop on the planet, the cereals & grains segment is expected to rise at the fastest rate. Food consumption is increasing in developing countries due to rising population and economic growth. Soil texture, pH impact, climatic variability, and organic matter are all factors that influence micronutrient availability in soil. The availability of micronutrients in the soil decreases as the pH rises. Crop growth is limited by a lack of micronutrients in the soil. If left unchecked, this will have a direct impact on crop production as well as decrease the efficiency with which macronutrient fertilizers are applied.
Market Drivers:
Increased deficiency of essential minerals in the soil needed for plant growth, such as zinc, copper, and iron, among others, is a major factor driving the growth of the agricultural micronutrient market. Other major factors driving the growth of the agricultural micronutrient market include increasing soil pollution around the world and research activities on the production and introduction of low-cost agricultural micronutrients.
A bad diet can be blamed for an increase in the incidence of micronutrient deficiency in people. Micronutrient deficiencies in agricultural soil reduce crop yield and nutritional quality, as well as have an adverse effect on human health. Micronutrient deficiencies can cause a variety of health problems in people. It's also possible that it'll boost the mortality rate.
Opportunities:
The global population is increasing tremendously. According to the Population Reference Bureau (PRB), the global human population is projected to increase by 75 million people each year, or 1.1 percent. As a result, the world's population is projected to hit 9.9 billion in 2050, up from an estimated 7.4 billion in 2017. As the world's population rises, so does the demand for food. An increasing population means a growing appetite, and a growing appetite means agriculture can play a larger role in the world's future. Since the number of arable acres is only projected to increase modestly, agricultural farmers would need to become more effective and profitable in order to feed an increasing world of hungry people. At the same time, crop production will continue to be hampered by unpredictably harsh weather, such as drought, flooding, and extreme heat, among other factors.
COVID-19 Impact on the Global Agricultural Micronutrients Market
The COVID-19 pandemic had devastated agricultural micronutrient supply chains, as many countries were under lockdown and had closed their borders to prevent the virus from spreading. Strict containment regulations implemented by various governments, as well as protective measures to monitor the outbreak's effects, had resulted in substantial transportation restrictions of agricultural micronutrients
Key Players:
• BASF SE
• AkzoNobel
• Nutrien, Ltd.
• Yara International ASA
• The Mosaic Company
• Compass minerals international
• Valagro
• Haifa Group
• Agrium Inc.
• ADAMA Agricultural Solutions Ltd.
• Baicor, L.C.
• Brandt Consolidated Inc.
• Grow More Inc.
• Kay-Flo.
• Micnelf USA Inc.
• Stoller USA, Inc.
• Verdesian Life Sciences, LLC
• Merck KGaA.
• Sigma-Aldrich Corporation
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Water Soluble Fertilizer Market Status, Share And Growth Factors Impact Analysis till 2024
February 02, 2021: The global water soluble fertilizer market size was USD 12.5 billion in 2015 and is anticipated to reach USD 22.0 billion by 2024. Increasing demand from wide range of fustigation application coupled with increasing awareness and adoption of micro irrigation systems is anticipated to boost the global demand for water soluble fertilizers.
Growing demand and need for superior yield owing to increasing world population, reduction in arable land, and great demand of biofuels is expected to impact the global demand for water soluble fertilizers. Harmful ecological impacts of over/high fertilization, including pollution of ground water, disturbances in environment life sciences, and increase in area under ocean dead zones are expected to restrict the market growth.
Increasing awareness among farmers across emerging economies coupled with technology driven farm practices. High priced crops including vegetables and fruits are expected to drive the market demand. Growing protection of cultivated crops is estimated to attract growers around the globe since it offers good returns on investment. Large number of growers entered into the greenhouse system of agriculture production industry to achieve higher rates of return for their products. The use of these fertilizers is expected to be highly seasonal and improved, thus protected crop production is anticipated to drive the market demand for fertilizer products, particularly for water-soluble fertilizers.
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On the basis of fertilizer type, the global market has been segmented into Nitrogen, sulphur, iron, chlorine, magnesium, calcium, Phosphate, and potassium which include secondary and micro nutrients. Nitrogen is expected to be the widely used element in the market and is expected to continue its dominance owing to its easy availability and It is used to synthesize proteins, amino acids, enzymes, nucleic acids, and chlorophyll. Nitrogen nutrients can be further classified into Urea, ammonium sulphate, nitrate, and calcium nitrate.
Phosphate is expected to witness significant growth rate over the next seven years It stimulates root formation and shoot growth at the early stages of plant growth. lack of Phosphorus levels in plants may result in poor seed and fruit development and also reduces the growth of plants significantly. Phosphorus is particularly important and widely used in cool weather. Starter fertilizers constitute more of these nutrients in huge amounts. Potassium is expected to have moderate growth rate over the forecast period. This element helps the plants to resist diseases and boosts root growth. Potassium nutrients improve cold hardness and helps in increasing the size of fruits and vegetables. Signs of potassium lack or deficiency include slow growth, shriveled fruit, weak plants, and leaf burning at margins or tip
On the basis of application, water soluble fertilizer market has been segmented into fertigation and foliar. Fertigation is expected to be the largest segment in terms of revenue and market share owing to its wide applications among various crops. Fertigation processes involve injection of soil amendments, water-soluble products and fertilizers into an irrigation system. Foliar feeding is a method of nourishing plants by applying the liquid fertilizer to their leaves. Plants and crops are able to absorb essential nutrients through their leaves. This absorption is carried out through their stomata and also through their epidermis.
On the basis of crop type, the market has been segmented into Field Crops, Horticultural Crops and Turf & Ornamentals. Field corps constitutes the largest segment in the global market owing to its wide applications across the globe. These crops are grown for agricultural purposes and are consumed by people. Growing population and demand for vegetables and fruits is expected to be the driving factor for the market growth in this segment.
North America is expected to the largest regional segment in the global market. Extensive use of bio fuels has increased the demand for fertilizers and is driving the growth in this region High consumption of meat and meat products has been driving the high use of fertilizers in North America as it increases the demand in animal feed and feed products.
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Increasing adoption rate of merchandize and micro irrigation processes in the Asia Pacific region, is expected to witness significant growth rate for water soluble fertilizers key players in the market are Yara International, The Mosaic Company, Agrium Inc., ICL Fertilizers, PotashCorp, CF Industries. Other industry participants include QAFCO, Haifa Chemicals, SinoFertK+S AG, Uralchem, and SQM
The water-soluble fertilizers market is expected to be highly fragmented with major players driving the growth through expansions, agreements, new product launches and acquisitions, to develop their position in the market. These strategies were followed by the industry participants to expand their global presence and enhance their product portfolio.
Market Segment:
Water Soluble Fertilizers Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
• Nitrogenous
• Phosphatic
• Potassium
• Micronutrients
• Secondary nutrients
Water Soluble Fertilizers Crop Type Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
• Field
• Horticultural
• Plantation
• Turf & ornamental
Water Soluble Fertilizers Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
• Fertigation
• Foliar
Water Soluble Fertilizers Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
• North America
• U.S.
• Mexico
• Canada
• Europe
• Germany
• UK
• Italy
• Russia
• Spain
• Ukraine
• Asia Pacific
• China
• India
• Japan
• Australia
• Malaysia
• Latin America
• Brazil
• MEA
• South Africa
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Agricultural Micronutrients Market to Witness Steady Expansion During 2020 to 2025
A new professional report Global Agricultural Micronutrients market provides complete analysis about the market size, share, overview and growth prospects which are impacting the growth of the market. Global Agricultural Micronutrients market report helps consumers to recognize the market challenges and opportunities. The Agricultural Micronutrients market report extensively offers the latest information about the technological developments and market growth prospect on the basis of the regional landscape.
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The information available within the global Agricultural Micronutrients market report isn't only supported the facts but also on the case studies, which analysts have included to deliver appropriate information to the clients during a well-versed manner. Moreover, for better understanding, the report includes statistical figures, graphs, tables, and charts associated with the knowledge mentioned in textual form. The report also provides the market dynamics like drivers, restraints, strategies & guidelines, trends, avenues, and technological improvements anticipated to possess an impression on the Agricultural Micronutrients Market growth within the projected period.
Key Players in the global Agricultural Micronutrients market covered in Reports:
BASF, Dow Chemical, Akzonobel, Agrium, Land Olakes, Yara International, The Mosaic Company, Helena Chemical Company, Nufarm, Coromandel International, Haifa Chemicals, Sapec S.A.
Key Types in the global Agricultural Micronutrients market covered in Reports:
Zinc
Copper
Boron
Iron
Manganese
Key Applications in the global Agricultural Micronutrients market covered in Reports:
Soil
Foliar
Fertigation
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Regions & Countries Mentioned within the Agricultural Micronutrients Report:
North America (United States)
Europe (Germany, France, UK)
Asia-Pacific (China, Japan, India)
Latin America (Brazil)
The Middle East & Africa
Key questions answered through this market research report:
What Are Market Agricultural Micronutrients Market? What Are Challenges and Opportunities?
What Should Be Entry Strategies, Counter measures to Economic Impact, Marketing Channels for Agricultural Micronutrients Industry?
Who Are the worldwide Key Players during this Agricultural Micronutrients Market?
What’s market research of Agricultural Micronutrients Market by Taking Applications and kinds in Consideration?
what's Economic Impact on Agricultural Micronutrients Industry?
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Impact of Covid-19 on Water-Soluble Fertilizers Market Revenues to spike over 2018-2023
The global water-soluble fertilizers industry trends is witnessing a constant rise in its revenues over the past few years. This growth attributes to the increasing consumption of these fertilizers and the burgeoning agriculture industry worldwide. The global food demand has been continuously rising with population growth and rising incomes, which is expanding the needs to grow crops into rapidly drying areas across the world.
This is a major force driving the demand for water-soluble fertilizers for use in horticulture. Besides the rising penetration of precision irrigation, a modern technique, also known as fertigation, is escalating the market growth to furthered height. According to Market Research Future (MRFR), the global water-soluble fertilizers market is estimated to grow colossally by 2023, registering a steady CAGR during the forecast period (2018 to 2023).
Augmented demand for maximizing yields with water & nutrients in exact quantities while conserving resources defines the growth landscape of the market. Also, the rising awareness regarding various agrochemical products among farmers and other end-users drives the global water-soluble fertilizers market significantly. The growing adoption of advanced farming techniques, alongside the availability of multi-functional products and the increasing demand for effective fertilizers & crop protection, boosts the market demand.
On the other hand, high production costs and the rising adoption of organic farming are predicted to hamper the growth of the water-soluble fertilizer market over the next few years. Also, stringent regulations against the use of synthetic materials are projected to hamper the growth of the market. Nevertheless, increasing consumer demand and rising fair trade would support market growth throughout the forecast period.
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Major Players:
Players leading the global water-soluble fertilizers market include Agrium Inc. (Canada), Yara International ASA (Norway), K+S Aktiengesellschaft (Germany), Israel Chemical Limited (Israel), Sociedad Quimica Y Minera SA (SQM) (Chile), The Mosaic Company (US), Haifa Chemicals Limited (Israel), EuroChem (Switzerland), Compo GmbH & Co (Germany), and Coromandel International Limited (India), among others.
Global Water-Soluble Fertilizers Market – Segments
The analysis has been segmented into four main dynamics to widen the scope of understanding,
By Product Type : Macronutrient Fertilizers and Micronutrient Fertilizers.
By Crop Type : Horticultural Crops, Field Crops, Turf & Ornamentals, and others.
By Application : Foliar and Fertigation.
By Regions : Americas, Europe, Asia-Pacific, Middle East & Africa, and Rest-of-the-World.
Global Water-Soluble Fertilizers Market – Geographical Analysis
Europe dominates the global water-soluble fertilizers market owing to increasing awareness among cultivators about the benefits of fertilizers on crops. Besides, factors such as the presence of prominent players and excessive consumption of these fertilizers in the plantation of turf & decorative plants drive the growth of the regional market. The European Water-Soluble Fertilizers market is expected to account for a significant share, globally.
North America stands second in the global water-soluble fertilizers market due to its precision farming practices. Moreover, the growing agriculture sector and augmenting demand for turf & ornamental plants in the region are fostering the market growth. Besides, the presence of a large number of agrochemical companies impacts market growth positively. The US, with its large numbers of agrochemical companies, contributes to the growth of the regional market majorly. The North American water-soluble fertilizers market is projected to witness steady growth throughout the forecast period.
The Asia Pacific water-soluble fertilizers market is a lucratively growing market. Growing exports of fertilizers and agricultural technologies act as a major driving force behind the growth of the regional market. Additionally, large production capacities and increasing population in rapidly developing countries such as China & India drive regional market growth. Moreover, increasing demand for these fertilizers propels the growth of the regional market further. Also, the substantially growing food demand over the past few years is expected to influence the regional market growth positively. The APAC water-soluble fertilizers market is projected to register the highest CAGR over the forecast period.
Global Water-Soluble Fertilizers Market – Competitive Analysis
Highly competitive, the water-soluble fertilizers market appears to be fragmented with the presence of several well-established players. Mergers & acquisitions, collaboration, innovation, and brand reinforcement remain the key trends for leading players. Manufacturers strive to develop fertilizers designed to have a longer life and lower total costs. The market will witness fierce competition due to the expected extensions in product & service and product innovations.
Industry/ Innovations/ Related News
March 13, 2020 ---- Veolia Water Technologies (France), the world's largest supplier of water services, announced its plans to expand crystallization capacity at its potash plant in Jordan. The company said it would initiate a processing plant integrating HPD® crystallization systems that are designed to extract high-quality potash fertilizer from the Dead Sea.
This would further help in bettering process the carnallite feedstock and extract water-soluble potash fertilizer. World-leading potash producer is well-positioned to grow the exports of these specialty products into regional and international markets such as India, China, Africa, and the Middle East.
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Water Soluble Fertilizer Market Segmentation | Dynamics and Share Analysis | Forecast To 2024
The global Water Soluble Fertilizer Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.
Market Overview:
The global water soluble fertilizer market size was USD 12.5 billion in 2015 and is anticipated to reach USD 22.0 billion by 2024. Increasing demand from wide range of fustigation application coupled with increasing awareness and adoption of micro irrigation systems is anticipated to boost the global demand for water soluble fertilizers.
Key Players:
Agrium
Yara International ASA
Israel Chemical Ltd.
Haifa Chemicals
The Mosaic Company
Compo GmbH & Co. KG
Coromandel International
Hebei Monband
K+S AG
Sociedad Química Y Minera SA
Sinochem Fertilizer Company
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Growth Drivers:
Growing demand and need for superior yield owing to increasing world population, reduction in arable land, and great demand of biofuels is expected to impact the global demand for water soluble fertilizers. Harmful ecological impacts of over/high fertilization, including pollution of ground water, disturbances in environment life sciences, and increase in area under ocean dead zones are expected to restrict the market growth.
Increasing awareness among farmers across emerging economies coupled with technology driven farm practices. High priced crops including vegetables and fruits are expected to drive the market demand. Growing protection of cultivated crops is estimated to attract growers around the globe since it offers good returns on investment. Large number of growers entered into the greenhouse system of agriculture production industry to achieve higher rates of return for their products. The use of these fertilizers is expected to be highly seasonal and improved, thus protected crop production is anticipated to drive the market demand for fertilizer products, particularly for water-soluble fertilizers.
Crop Type Outlook:
Field
Horticultural
Plantation
Turf & ornamental
Field corps constitutes the largest segment in the global market owing to its wide applications across the globe. These crops are grown for agricultural purposes and are consumed by people. Growing population and demand for vegetables and fruits is expected to be the driving factor for the market growth in this segment.
Product Outlook:
Nitrogenous
Phosphatic
Potassium
Micronutrients
Secondary nutrients
Regional Outlook:
North America is expected to the largest regional segment in the global market. Extensive use of bio fuels has increased the demand for fertilizers and is driving the growth in this region High consumption of meat and meat products has been driving the high use of fertilizers in North America as it increases the demand in animal feed and feed products. Increasing adoption rate of merchandize and micro irrigation processes in the Asia Pacific region, is expected to witness significant growth rate for water soluble fertilizers.
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Global Single Superphosphate (SSP) Market- Industry Analysis and Forecast (2020-2027)
The global single superphosphate (SSP) market was calculated US$ 2.8 Bn in 2019 in terms of value and is expected to reach 4.36 Bn by 2027, at a CAGR of 4.2% during a forecast period.
Global Single Superphosphate (SSP) Market Requirement of healthy crop production with high yield using micronutrient-based fertilizers is estimated to cover 50% of single superphosphate (SSP) market growth. Market Introduction: Single superphosphate poised of two main compound which is gypsum and monocalcium and forms mineral-based fertilizer for further application. It is the foremost enricher accountable for development of the plant nutrients industry. SSP has good water solubility and hence it is a rich source of secondary nutrients like calcium and sulphur. The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and disrupters in the report, and the same is reflected in our analysis. Market Drivers and Restraints: Global Interest for material is rising because it is offering numerous facility to the farmers in terms of wide production of plant by providing nutrients during the entire growing-season and is helping fertilizers market in various terms to collect the attention from investors and will help global single superphosphate (SSP) market to grow. Furthermore, advances in chemical engineering and science are offering essential to ensure high crop yield and quality. Single Superphosphate (SSP) are highly getting adopted by nutrients sectors, as it helps to achieve effective nutrients management tools for food as well as non-food crops, will drive the market growth in the long run. Additionally, rapid growth in the research and development across the globe will boost the market demand in the coming years. It helps to intensify the organic content of soil and further contributes nutrients for microorganisms present in the soil, have benefit in reinstating chemical and physical properties of the soil and these contribute to the growth of the market. Speedy growth in crop disease due to unfavourable environment or process of harvesting and availability of fertile land across the globe is fuelling the global single superphosphate market growth. There is a constant requirement to boost the agricultural output across the globe and this will progressively shift attention towards good quality fertilizers to improve the land and soil properties to increase the productivity thus, expected to anticipate beneficial impact on the global single superphosphate (SSP) market. However, presence of substitute in the market such as triple based fertilizer, NPK fertilizer, sulphur-based fertilizers and so on is expected to restrain the market growth frame. Single Superphosphate (SSP) Market Segment analysis: By application segment, agriculture sector market size established more than XX% of the total market share in 2019.Though demand for SSP documented as one of the richest source of nutrient for the growing plants and growth in the agriculture, industrial sector is on another level in terms of market growth in the developing economies. The producers are enduring research efforts to develop better and cheaper harvesting and impregnating materials to reduce the overall cost and boost the interest towards acceptance of this technology. This segment will witness compounded annual growth rate of around X.X% from 2019 to 2027. Growing agriculture division in terms of research and development for the production of crop is projected to show major demand in near future. Single Superphosphate (SSP) Market Regional Analysis: Regionally, Asia Pacific is expected to dominate the single superphosphate (SSP) market and is expected to grow at a CAGR of X.35 % during the forecast period owing to the presence of phenomenal key players and demand of food product in the region. Developing regions like India, China, and Japan are considered as the major contributors for the Single Superphosphate (SSP) market growth in the Asia Pacific region because government policies of this region and large subsidies in certain countries up to 100% for marginal farmers, provided on fertilizers are the major factors generating the growth of this market in the Asia Pacific region. In 2019 market size was recorded US$ XX Bn, however in India, market size was valued XX Bn and expected to increase by US$ XX Bn in the coming years. Also, North America dominates the overall market with a share of more than 38%. As, North America mainly contribute to the whole SSP demand resulting to its broad application in tobacco, cotton, vegetables, and fruits production. They play major role in the subtropical and the U.S. Hence, the U.S. has been acknowledged as the leading consumer of single superphosphate (SSP) in North America, owing to the high cultivation of crops. The objective of the report is to present a comprehensive analysis of the Global Single Superphosphate (SSP) Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Single Superphosphate (SSP) Market dynamics, structure by analysing the market segments and project the Global Single Superphosphate (SSP) Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Single Superphosphate (SSP) Market make the report investor’s guide. Scope of Single Superphosphate (SSP) Market Global Single Superphosphate (SSP) Market, By Form • Powder • Granules Global Single Superphosphate (SSP) Market, By Application • Horticultural • Agriculture • Pasture • Others Global Single Superphosphate (SSP) Market, By Region • Asia Pacific • North America • Europe • Latin America • Middle East & Africa Key Players Operating the Single Superphosphate (SSP) Market, • Madhya Bharat Agro Products Limited • Potash Corporation of Saskatchewan • CF Industries Holdings Inc • Coromandel International Ltd • Yara International ASA • Kemyan Yanbu for Industry • Jubilant Industries Ltd • The Mosaic Company • PCC Group • Aarti Industries Ltd • Krishna Phos Chem • Bohra Industries Ltd • Phosagro • Eurochem • Richgro • Agrium Inc • Mosaic • OCP • ICL • GNFC About Us: Maximize Market Research provides B2B and B2C market research on 20,000 high growth emerging technologies & opportunities in Chemical, Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors. Contact info: Name: Vikas Godage Organization: Maximize Market Research Pvt.Ltd.Pune Email: [email protected] Contact: +919607065656 / +919607195908 Website:www.maximizemarketresearch.com
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Water Soluble Fertilizer Market Size 2019 Global Industry – Key Players, Size, Trends, Opportunities, Growth Analysis and Forecast to 2025
Brandessenceresearch.com Adds “Water Soluble Fertilizer Market 2019 - Market Demand, Growth, Opportunities, Analysis of Top Key Players and Forecast to 2025” To Its Research Database.
Description:
Water Soluble Fertilizer Market was valued at USD 12388.6 Million in 2018 and is projected to reach around USD 20419.8 Million by 2025, at a CAGR of 7.4% during the forecast period.
The base year considered for the study is 2018 and the forecast period is 2019-2025. Rise in the demand of advanced fertilizer products is the key factor that drives the growth Water Soluble Fertilizer Market.
Scope of Global Water Soluble Fertilizer Market Reports –
Fertilizers are the materials added to soil to increase the harvest by providing nutrients to the crop. Water Soluble Fertilizer is the type of fertilizer which can easily dissolved in the water and helps to prevent the loss of water-soluble plant nutrients through the soil. Due to water soluble fertilizer it is easy to control the amount of nutrients need of the plants. These are also used on the leaves of the plants.
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Global water soluble fertilizer market report is segmented on the basis of product type, crop type, application and region. Based upon product type, water soluble fertilizer market is classified in to nitrogenous, phosphatic, potassium, micronutrients, and secondary nutrients. By crop type, water soluble fertilizer market is classified into field, horticultural, plantation, turf & ornamental. By application, water soluble fertilizer market is classified in to fertigation, foliar and others.
The regions covered in this Water Soluble Fertilizer market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Water Soluble Fertilizer is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players for Global Water Soluble Fertilizer Market Reports–
Some major key players for global Water Soluble Fertilizer market are, Agrium Inc., Israel Chemical, Lowa Fertilizer, Qatar Fertilizer, Yara International, Sinochem Fertilizer Co. Ltd., Everris International B.V., HebeiMonband Water Soluble Fertilizer Co. Ltd. Sinochem Fertilizer Co Ltd.
Global Water Soluble Fertilizer Market Dynamics –
Water soluble fertilizer market is showing a significant growth owing to increasing food demand by increasing population and acceptance of new product by the farmers. Additionally, effective fertilizer and the method of fertilization in agriculture is one of the main factors to drive the market growth of water soluble fertilizer. For instance; according to the U.N. in 2016 the world is producing more than enough food to feed everyone then also the around 815 million people lived Hungary in 2016. By 2025 the global population is expected to rich around 9.8 billion at that time the suppliers will be getting in stress, the demand of the food will increase by 60% by 2025, therefore to satisfy the demand, there is a need to increase harvest which in turn supplements the demand for water soluble fertilizers within the forecast period. Many substitute fertilizer products may restrain the market growth. However, modern agriculture products and strong result of such products may provide opportunities to the market growth of water soluble fertilizers.
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Global Water Soluble Fertilizer Market Segmentation –
By Product type
Nitrogenous
Phosphatic
Potassium
Micronutrients
Secondary nutrients
By Crop Type
Field
Horticultural
Plantation
Turf & ornamental
By Application
Fertigation
Foliar
Others
By Regional & Country Analysis:
U.S.
Canada
UK.
France
Germany
Italy
China
Japan
India
Southeast Asia
Brazil
Mexico
GCC
Africa
Rest of Middle East and Africa
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