A Close Look At The Latest Research Trends Within The Fertilizers Market
Asia-Pacific with major share in the Fertilizers Market:
Asia-Pacific is the major region for the fertilizers market with revenue of $77.19 billion in 2017 and estimated to reach $125.54 billion by 2023. In addition, Asia-Pacific is the fastest growing region for this market. Major countries of Asia-Pacific region are China, India, Pakistan, Indonesia are involved in many agricultural activities which makes it high demand region for fertilizers.Apart from Asia-Pacific, the fertilizer revenue in South and Central American countries are estimated to grow at a high CAGR of 7.6% and projected to gain revenue of $23.46 billion in 2023.
Selected Fertilizer Type Analysis done in the Fertilizers Market Report:
Plant fertilizer products improve the levels of available nutrients and the chemical and physical characteristicsof soil, thereby directly or indirectly improving plant growth, yield and quality. Macro-nutrients such as nitrogen (N), phosphorus (P), potassium (K), calcium (Ca), sulphur (S) and magnesium (Mg) or micro-nutrients such as zinc (Zn), copper (Cu), iron (Fe), boron (B), and molybdenum (Mo), are needed in large quantities. These nutrients are broadly used in organic fertilizers, inorganic fertilizers, and bio fertilizers. Although organic fertilizer industry occupiesthe major market, the growth prospects are more favorable for organic and bio fertilizers due to their environmentally friendly nature. The market for natural organic fertilizer is expected to grow at a CAGR of 8.9% and to reachrevenue of $49.15billion by 2023. Inorganic fertilizer markets will lead and grow ta CAGR of 5.4% to outgrowth the revenue of$148 billion by 2023. Bio fertilizer is anticipated to grow at a CAGR of 20.1% and generate revenue of $6.02 billion by 2023.
Excerpts on Fertilizers Market Growth Factors
- Increasing awareness amongst the farmers and plant breeders and with modern agriculture practices in the emerging regions like China, India, and Indonesia drivesfertilizer demand for its benefits.
- Recent problem addressed is nutrients deliver to crops are slow release fertilizers using porous materials or polymer coating of conventional fertilizers, which have seen some amount of success but are severely limited by cost. Now, Graphene based nanomaterial’smight offer a possible pathway to the development of effective fertilizers.
- Organic products are now available in most of the conventional grocery stores. This is all possible with the advent of organic agriculture which is a system of farm design and management that creates an ecosystem which can achieve sustainable productivity withthe use oforganic fertilizer’s external inputs.
- Educating regarding various advancement in agriculture industry isletting the manufacturers to develop new technologies in producing customized fertilizer and its sage will enhance the quality and yield of the concerned crops.
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Key players of the Fertilizers MarketL:
Global as well regional players on fertilizer market isPotash Corporation, The Mosaic Company, Uralkali, EuroChem Group AG, and CF Industries Holding Inc. Potash Corporation accounts for 9% of the total fertilizer market, and operating in 40 countries.The industry has 10 products, one of itsAmmonium Nitrate Solution DA190, andK-Mag® Premium by Mosaic Company also provide this type of fertilizer. The solutions have different grades with different properties, which can be observed under the table stated in the report.
Fertilizers Market report is segmented as below
The global Fertilizers Market study across various end user industries is incorporated in the report
A. Global Fertilizer Market By Type
- Organic Fertilizers
- Inorganic Fertilizers
- Bio Fertilizers
B. Global Fertilizer Market By Type of Crop
- Wheat
- Rice
- Maize
- Soybean
- Oil Palm
- Cotton
- Sugar
- Fruits & Veg
C. Fertilizer Market by Geography (covers 10+ countries)
D. Fertilizer Market Entropy
E. Manufacturer Citied / Interviewed
Companies Citied/Interviewed in Fertilizers Market:
- ISRAEL CHEMICALS LTD.
- YARA INTERNATIONAL ASA
- KOCH INDUSTRIES, INC.
- AGRIUM INC
- K+S AG
- JSC BELARUSKALI
- OCP S.A
- Company 8
- Company 9
- Company 10+
What can you expect from the report?
The Fertilizers Market Report is Prepared with the Main Agenda to Cover the following 20 points:
- Market Size by Product Categories & Application 11. Demand Analysis (Revenue & Volume)
- Market trends & Relevant Market Data 12. Country level Analysis
- Manufacturer Landscape 13. Competitor Analysis
- Distributor Landscape 14. Market Shares Analysis
- Pricing Analysis 15. Value Chain Analysis
- Top 10 End user Analysis 16. Supply Chain Analysis
- Product Benchmarking 17. Strategic Analysis
- Product Developments 18. Current & Future Market Landscape Analysis
- Mergers & Acquisition Analysis 19. Opportunity Analysis
- Patent Analysis 20. Revenue and Volume Analysis
Frequently Asked Questions:
Q. Does IndustryARC publish country or application based reports in Electric Vehicle Wireless Charging Marketsegment?
Response: Yes, we do have separate reports as mentioned below:
- Americas Fertilizers Market Share(2018-2023)
- Asia Pacific Fertilizers Market Growth(2018-2023)
- Europe Fertilizers Market Analysis(2018-2023)
- TypeFertilizers Market Report (2018-2023)
- Crop Type Fertilizers Market (2018-2023)
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