Soluble Fertilizer Market Segmented by Material, Type, Application, and Geography - Growth, Trends and Forecast 2021
Plants require minerals and nutrients that are present in soil. However, if they exist in a form that cannot be dissolved in water, the plants cannot consume them.
Plants require minerals and nutrients that are present in soil. However, if they exist in a form that cannot be dissolved in water, the plants cannot consume them.
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<strong>Soluble</strong> <strong>Fertilizer</strong> <strong>Market</strong> - Industry<br />
Analysis, Size, Share, <strong>Growth</strong>, <strong>Trends</strong>,<br />
<strong>and</strong> <strong>Forecast</strong>s <strong>2021</strong><br />
“<strong>Fertilizer</strong>s are the substances added to raise the<br />
yield <strong>by</strong> supplying crops with the nutrients the soil<br />
lacks. Plants require minerals <strong>and</strong> nutrients that are<br />
present in soil. However, if they exist in a form that<br />
cannot be dissolved in water, the plants cannot<br />
consume them.”<br />
Global <strong>Soluble</strong> <strong>Fertilizer</strong> <strong>Market</strong> is segmented on the basis of product type, application, <strong>and</strong> geography. <strong>Fertilizer</strong>s are<br />
the substances added to raise the yield <strong>by</strong> supplying crops with the nutrients the soil lacks. Plants require minerals <strong>and</strong><br />
nutrients that are present in soil. However, if they exist in a form that cannot be dissolved in water, the plants cannot<br />
consume them. Water-soluble fertilizer, as the name suggests, is a multi compound fertilizer that is dissolved in water.<br />
It is more easily absorbed <strong>by</strong> crops. Its utilization <strong>and</strong> absorption is relatively high as compared to conventional<br />
chemical fertilizers. Population explosion, urbanization, industrialization, <strong>and</strong> energy dem<strong>and</strong> has increased the<br />
conversion of cropl<strong>and</strong> to the other domestic <strong>and</strong> industrial uses.<br />
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In the past few years, practices related to soil fertility management have gained significance; thanks to loss of arable<br />
l<strong>and</strong> <strong>and</strong> an increase in the dem<strong>and</strong> for food. Soil fertility management practices occupy conservation tillage, rotation<br />
of the crop <strong>and</strong> optimal utilization of pesticides <strong>and</strong> fertilizers. Farmers around the globe are adopting soil
management practices to enhance the quantity <strong>and</strong> quality of agricultural production. These methods comprise the<br />
use of chemicals <strong>and</strong> fertilizers for agricultural purposes. The rising adoption of soil management practices for<br />
maintaining soil nutrition will drive the soluble fertilizers market’s growth in the years to come.<br />
The main benefit of water soluble fertilizer is rapid impact, easier coverage, <strong>and</strong> ease of use. Thus, growth in dem<strong>and</strong><br />
for water soluble fertilizer is increasing rapidly. Water soluble fertilizers can also be applied more frequently than<br />
granular fertilizers. The rising awareness over organic farming may affect the use of water soluble fertilizers in the<br />
upcoming years. The key target audience of the soluble fertilizer market includes water-soluble fertilizer<br />
manufacturers, water-soluble fertilizer product exporters & importers, water-soluble fertilizer raw material suppliers,<br />
irrigation system manufacturers & suppliers, <strong>and</strong> fertilizers manufacturers.<br />
Based on product type, soluble fertilizer market is segmented into humic acid water-soluble, amino acid water-soluble,<br />
NPK water-soluble, <strong>and</strong> so on. Based on application, soluble fertilizer market is segmented into horticulture, crop, <strong>and</strong><br />
so on. The segment “horticulture” is expected to be the fastest growing segment in future. <strong>Growth</strong> in dem<strong>and</strong> for<br />
vegetables <strong>and</strong> fruits owing to the raised awareness with regards to their nutritional advantages <strong>and</strong> the increase in<br />
need for enhancement of crop productivity is driving the market for soluble fertilizers in the horticulture segment.<br />
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Based on geography, soluble fertilizer market is segmented into Asia Pacific, North America, Europe, Latin America<br />
<strong>and</strong> Middle East & Africa. Europe is the largest contributor to the soluble fertilizer due to the increase in use of watersoluble<br />
fertilizers through advanced agricultural techniques <strong>and</strong> rise in require for food security in the European<br />
countries. In 2015, Russia <strong>and</strong> Spain were the largest country-level markets in the European region. On the other h<strong>and</strong>,<br />
Asia Pacific is the fastest growing market for the soluble fertilizer. Economic developments in African countries are<br />
estimated to advantage the soluble fertilizer market in the years to come. Key players operating in the soluble fertilizer<br />
market are Haifa Chemicals, Yara, Arab Potash Company, Omex, Everris, Bunge, SQM, UralChem, ICL <strong>Fertilizer</strong>s,<br />
Sinclair, Grow More, EuroChem Group, Mosaicco, Nutrite, Aries Agro, LemagroNV, Dongbu Farm Hannong, Stanley,<br />
Hebei Monbang, CNAMPGC Holding, Hanfeng, Batian, Kingenta, Sichuan Guoguang Agrochemical, Beijing Jinggeng<br />
Tianxia Agricultural Science <strong>and</strong> Technology, <strong>and</strong> Strong will Group.<br />
<strong>Market</strong> Segment:<br />
This report studies <strong>Soluble</strong> <strong>Fertilizer</strong> in Global market, especially in North America, Europe, China, Japan, Southeast<br />
Asia <strong>and</strong> India, focuses on top players in these regions/countries, with sales, price, revenue <strong>and</strong> market share for<br />
each player in these regions, covering<br />
• Agrium Inc.<br />
• Apache Corporation
• Arab Potash Company Plc<br />
• Aries Agro Limited<br />
• Corom<strong>and</strong>el International Limited<br />
• Eurochem<br />
• Gujarat State <strong>Fertilizer</strong>s & Chemicals Ltd<br />
• Haifa Chemicals Limited<br />
• Israel Chemicals Ltd (ICL)<br />
• K+S Ag<br />
• Kui<strong>by</strong>shevazot O Jsc<br />
• Orascom Construction Industries Sae<br />
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<strong>Market</strong> Segment <strong>by</strong> Regions, this report splits Global into several key Regions, with sales (consumption), revenue,<br />
market share <strong>and</strong> growth rate of <strong>Soluble</strong> <strong>Fertilizer</strong> in these regions, from 2011 to <strong>2021</strong> (forecast), like<br />
• North America<br />
• China<br />
• Europe<br />
• Japan<br />
• Southeast Asia<br />
• India<br />
Split <strong>by</strong> product types, with sales, revenue, price, market share <strong>and</strong> growth rate of each type, can be divided into<br />
• <strong>Type</strong> I
• <strong>Type</strong> II<br />
• <strong>Type</strong> III<br />
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