MarketResearch.biz delivers in-depth insights on the global water soluble fertilizer market in its upcoming report titled, “Global Water Soluble Fertilizer Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global water soluble fertilizer market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. 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 2027. 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 water soluble fertilizer market report has been segmented on the type, crop type, application, 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.
Water soluble fertilizer is a type of fertilizer that dissolves in water and can be added or leached out of the soil easily, and hence many farmers prefer water soluble fertilizers to deliver nutrients to the plants. Water soluble fertilizers are available in various formulation offering differing quantities of phosphorus, potassium, nitrogen, and micronutrients.
Limited availability of arable land owing to the rapidly growing population and industrial development is expected to drive the growth of the global water soluble fertilizer market over the forecast period. Adoption of advance farming techniques is other factor expected to drive growth of the market over the forecast period. Ease of application and high crop yield obtained due to the use of water soluble fertilizers is expected is drive the growth of global water soluble fertilizer market over the forecast period.
However, harmful effect of water soluble fertilizers on environment is expected to hamper the growth of the target market. In addition, companies focusing on development of organic fertilizers is expected limit the growth of the global water soluble fertilizer market over the forecast period.
Europe market dominates the global water soluble fertilizer market in terms of revenue contribution as compared to that of markets in other regions. Increasing demand for water soluble fertilizers in countries such as Russia and Spain is expected to drive growth of the market in region over the forecast period. North America accounts for second largest revenue share contribution to the global water soluble fertilizer market, followed by markets in the Asia Pacific, Latin America, and the Middle East & Africa respectively. The market in the Asia Pacific is projected to register highest growth in terms of revenue over the next 10 years. Increasing number of manufacturers for water soluble fertilizer in countries such as India and China is expected to support growth of the market in the region over the forecast period.
Global water soluble fertilizer market segmentation, by type:
- Secondary nutrients
Global water soluble fertilizer market segmentation, by crop type:
- Field crop
- Horticultural crop
- Turf & ornamental crop
Global water soluble fertilizer market segmentation, by application:
Global water soluble fertilizer market segmentation, by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Agrium Inc.
- Israel Chemical Ltd.
- Sociedad Química y Minera de Chile S.A
- K+S AKTiengesellschaft
- Yara International Asa
- Haifa Chemicals Ltd.
- Coromandel International Ltd.
- The Mosaic Company
- Hebei Monband Water Soluble Fertilizer Co., Ltd.
- Sinochem Fertilizer Company Limited
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