Soluble Fertilizers Market: Global Industry Analysis and Opportunity Assessment 2018-2025
The advantages of water soluble fertilizer is rapid impact, easier coverage, and ease of use. Thus, growth in demand for water soluble fertilizer over other types is dominating this market rapidly. The rising awareness over organic farming also increases the application of water soluble fertilizers during the forecast years.
The advantages of water soluble fertilizer is rapid impact, easier coverage, and ease of use. Thus, growth in demand for water soluble fertilizer over other types is dominating this market rapidly. The rising awareness over organic farming also increases the application of water soluble fertilizers during the forecast years.
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<strong>Global</strong> <strong>Soluble</strong> Fertilizer <strong>Market</strong> Trends, <strong>Analysis</strong>, And<br />
Forecast To <strong>2025</strong><br />
<strong>Fertilizers</strong> refers to the substances that are added to raise the yield by supplying crops with the nutrients<br />
that soil lacks. Plants require minerals <strong>and</strong> nutrients that are present in soil. However, if they exist in a form<br />
that cannot be dissolved in water, the plants cannot consume them. Water-soluble fertilizer is a multicompound<br />
fertilizer that is dissolved in water <strong>and</strong> makes it easier for the crops to absorb them. The<br />
utilization <strong>and</strong> absorption process becomes high as compared to conventional chemical fertilizers.<br />
Population explosion, urbanization, industrialization, <strong>and</strong> energy dem<strong>and</strong> has increased the conversion of<br />
cropl<strong>and</strong> to the other domestic <strong>and</strong> industrial uses.<br />
In the past few years, practices related to soil fertility management have gained significance; thanks to loss<br />
of arable l<strong>and</strong> <strong>and</strong> an increase in the dem<strong>and</strong> for food. Soil fertility management practices occupy<br />
conservation tillage, rotation of the crop <strong>and</strong> optimal utilization of pesticides <strong>and</strong> fertilizers. Farmers<br />
around the globe are adopting soil management practices to enhance the quantity <strong>and</strong> quality of agricultural<br />
production. These methods comprise the use of chemicals <strong>and</strong> fertilizers for agricultural purposes. The<br />
rising adoption of soil management practices for maintaining soil nutrition will drive the soluble fertilizers<br />
market’s growth in the years to come.<br />
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The advantages of water soluble fertilizer is rapid impact, easier coverage, <strong>and</strong> ease of use. Thus, growth in<br />
dem<strong>and</strong> for water soluble fertilizer over other types is dominating this market rapidly. The rising awareness<br />
over organic farming also increases the application of water soluble fertilizers during the forecast years.<br />
The global soluble fertilizer market can be segmented on the basis of type <strong>and</strong> region. On the basis of type,<br />
water soluble fertilizer dominates this market, owing to the ease of application. However, on the basis of<br />
application, horticulture segment leads, as compared to other sub-segments; accounting to the increasing<br />
<strong>and</strong> elevating dem<strong>and</strong> of vegetables <strong>and</strong> fruits that further increases the yields <strong>and</strong> quality of the product.<br />
The global soluble fertilizer market can be segmented on the basis of type <strong>and</strong> region. On the basis of type,<br />
the global soluble fertilizer market can be segmented into NPK water-soluble, humic acid water-soluble,<br />
amino acid water-soluble <strong>and</strong> other. On the basis of application, the global soluble fertilizer market can be<br />
segmented into horticulture, crop <strong>and</strong> other. On the basis of region, the global soluble fertilizer market can<br />
be segmented into North America, Europe, Middle East & Africa, Asia-Pacific, <strong>and</strong> Latin America.<br />
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Some of the key players in the global soluble fertilizer market include Agrium Inc., Israel Chemical Ltd.,<br />
Sociedad Química Y Minera De Chile (SQM), K+S AKTiengesellschaft, Yara International Asa, Haifa<br />
Chemicals Ltd., Compo GmbH & Co. Kg, Corom<strong>and</strong>el International Ltd., The Mosaic Company <strong>and</strong> Hebei<br />
Monb<strong>and</strong> Water <strong>Soluble</strong> Fertilizer Co., Ltd.<br />
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