Global Complex Fertilizers Market Trends, Analysis, Growth, and Forecast: 2018 to 2027
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May 2023
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This report was compiled by Shreyas Rokade Shreyas Rokade is a seasoned Research Analyst with CMFE, bringing extensive expertise in market research and consulting, with a strong background in Chemical Engineering. Correspondence Team Lead-CMFE Linkedin | Detailed Market research Methodology Our methodology involves a mix of primary research, including interviews with leading mental health experts, and secondary research from reputable medical journals and databases. View Detailed Methodology Page
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MarketResearch.biz delivers in-depth insights on the global complex fertilizers market in its upcoming report titled, “Global Complex Fertilizers Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global complex fertilizers market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2026. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global complex fertilizers market report has been segmented on the product type, form, crop type, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Complex fertilizers contain varying ratios of two or three macronutrients which includes nitrogen, phosphorous and potassium that are required by plants. Complex fertilizers are also known as compound fertilizers and are available in granular and liquid form. Furthermore, complex fertilizers supply crops with essential nutrients in a form that are favorable for plant nutrition, assuring peak efficiency in a variety of climatic conditions. Most widely used complex fertilizers are nitro phosphates and polyphosphate.
Various benefits associated with use of complex fertilizers which includes convenience in the field and economic savings are factors expected to drive growth of the market over the forecast period. In addition, increasing demand for complex fertilizers owing to its high nutritional contents is another factor expected to boost growth of the target market over the forecast period. Factors such as rapidly growing greenhouse production, limited availability of arable land and increasing demand food owing to the rapidly growing population across the globe is other factor expected to propel growth of global complex fertilizers market over the forecast period.
Asia Pacific market holds major revenue share in the global complex fertilizers market as compared to that of market in other regions. North America accounts for second highest revenue share contribution to the global complex fertilizers market, followed by markets in the Latin America, Europe and the Middle East & Africa respectively. Market in Latin America is expected to witness rapid growth rate over the forecast period. This is attributed to the growing awareness about the modern agricultural practices especially in countries such as Brazil and Argentina.
Target audience for the global complex fertilizer market includes complex fertilizer manufacturers, complex fertilizer importers and exporters, supplier, government and research organizations, industrial and association bodies, and others.
Global Complex Fertilizers Market Segmentation:
Global complex fertilizers market segmentation, by product type:
- Incomplete Complex Fertilizers
- Diammonium phosphate
- Monoammonium phosphate
- Mono potassium phosphate
- Potassium nitrate
- Others (nitro phosphate and urea phosphate)
- Complete Complex Fertilizers
- NPK (15-15-15)
- NPK (12-32-16)
- NPK (10-26-26)
Global complex fertilizers market segmentation, by form:
- Solid
- Liquid
Global complex fertilizers market segmentation, by crop type:
- Cereals
- Oilseeds
- Fruits & vegetables
- Others
Global complex fertilizers market segmentation, by region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn - Incomplete Complex Fertilizers
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- Agrium Inc.
- CF Industries Holdings, Inc.
- Coromandel International Ltd.
- Eurochem Group AG
- Haifa Chemicals Ltd.
- Helena Chemical Company
- Israel Chemicals Limited
- Phosagro
- Potash Corporation of Saskatchewan Inc.
- Sociedad Química Y Minera De Chile SA