Fertilizer Market To Manufacture Fertilizers From Sewage and Manure
The Business Research Company’s fertilizer global market opportunities and strategies to 2022, covers the year-on-year growth of the global fertilizer market historic and forecast growth. It also includes chapters on the fertilizer market trends, geographical analysis, and competitive landscape.
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The global fertilizer market is forecast to grow at a CAGR (compound annual growth rate) of around 25% to 2022.
Fertilizer Market Trends:
A fertilizer is defined as a substance such as a chemical mixture which is applied on soil or plants to supply nutrients essential to the growth of plants.
Phosphorus is being recovered from sewage, manure and other sources and made available as a fertilizer. Since phosphorus is a finite source, companies are looking for ways to recycle or recapture phosphorus to be used in agriculture. Plant-available phosphorus content is increased through anaerobic digestion and composting and in sludge from sewage through acid treatment and oxidizing.
The global fertilizer market is primarily driven by economic growth, adopting advanced technologies and global population growth.
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The global fertilizer market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.
With low interest rate environment, government subsidies, and intensive farming techniques, the global fertilizer market is expected to increase in potential and scope. TBRC’s report also covers the fertilizer drivers and restraints in the market.
The global fertilizer market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the global fertilizer market report are D Systems Corporation, Arcam AB, The ExOne Company, and Stratasys Ltd.
The fertilizers market consists of the sales of fertilizers by entities (organizations, sole traders or partnerships) that produce nitrogenous or phosphatic fertilizer materials. The market also includes establishments producing fertilizers from sewage or animal waste, manufacturing nitrogenous or phosphatic materials and mix with other ingredients into fertilizers.
Many farmers across the world are shifting from chemical fertilizers to organic fertilizers. Organic fertilizers are carbon-based compounds that increase the productivity and growth quality of plants. Using organic fertilizers helps ensure food produced from these fertilizers is non-toxic, safe and environment friendly and also ensures farms remain fertile for longer periods.
The global fertilizers market is further segmented based on type of fertilizer and geography.
By Type of Fertilizer - The fertilizers market is segmented into nitrogen, phosphate and potash. Among these three segments, the nitrogen fertilizer market accounts for the largest share in the global fertilizers market.
By Geography - The global fertilizers is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the North American fertilizers market accounts the largest share in the global fertilizers market.
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