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Water Soluble Fertilizers Market

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<strong>Water</strong> <strong>Soluble</strong> <strong>Fertilizers</strong> <strong>Market</strong><br />

Zion Research has published a new report titled “<strong>Water</strong> <strong>Soluble</strong> <strong>Fertilizers</strong> (Nitrogen,<br />

Potassium, Phosphate and Others) <strong>Market</strong> for Fertigation and Foliar Applications: Global<br />

Industry Perspective, Comprehensive Analysis and Forecast, 2014 - 2020.” According to the<br />

report, the global water soluble fertilizers market was valued at USD approximately USD<br />

2.60 billion in 2014 and is expected to reach approximately USD 3.80 billion by 2020,<br />

growing at a CAGR of over 5% between 2015 and 2020. In terms of volume, global water<br />

soluble fertilizers market stood at approximately 10.0 million tons in 2014.<br />

<strong>Water</strong> soluble fertilizers are formulation of mineral fertilizer, which primarily used in<br />

agricultural sector. <strong>Water</strong> soluble fertilizer is one of the important fertilizers as compared to<br />

other chemical fertilizer owing to its higher solubility in water. To achieve higher yield and<br />

better economy of cultivation efficient uptake of nutrients from soil is necessary. This can be<br />

achieved using fertilizers which are readily soluble in water. <strong>Water</strong> soluble fertilizers can be<br />

delivered through foliar or fertigation method. Using these methods, water soluble fertilizers<br />

can be applied through irrigation water and delivered directly at the root zone from where<br />

they are readily absorbed and used elsewhere in the plant system.<br />

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