MARKET INTRODUCTION
Water-soluble fertilizers (WSF) help fertigation by releasing essential plant nutrients at the root zone from where they are readily absorbed and used elsewhere in the plant system. Efficient fertilizers and fertilization methods have become the answer to the ever-growing demand for agricultural products. Modern agriculture must supply crops with optimal rates of nutrients throughout the growth cycle in the most efficient manner possible, and without degrading soil and water resources. These factors are creating demand for water-soluble fertilizers.
MARKET DYNAMICS
The water-soluble fertilizers market has witnessed a significant growth owing to factors such as increasing demand for fertilizers such as Urea Phosphate, Sulphate of potash, Urea Phosphate with SOP, Calcium Nitrate, Potassium Nitrate, Mono Potassium Phosphate, Mono Ammonium Phosphate, and others from the agricultural sector. Also, increasing the use of WSF in horticultural, field crops, plantation, turf, and ornamental plants is further influencing this market. However, growing preferences for organic fruits and vegetables and fertilizer free food products among the consumers may hamper this market in the upcoming years. Nevertheless, with the steady growth in the agrochemical and agriculture sector, the market players have opportunities to invest in this market.
MARKET SCOPE
The "Global Water Soluble Fertilizers Market Analysis to 2028" is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the water soluble fertilizers market with detailed market segmentation by product type, crop type, application, and geography. The global water soluble fertilizers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading water soluble fertilizers market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global water soluble fertilizers market is segmented on the basis of product type, crop type, and application. On the basis of product type, the water soluble fertilizers market is segmented into nitrogenous, potassium, micronutrients, phosphatic, and secondary nutrients. Based on crop type, water soluble fertilizers market is segmented into horticultural, field crops, plantation, and turf & ornamental. The water soluble fertilizers market on the basis of the application is classified into fertigation and foliar.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global water soluble fertilizers market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The water soluble fertilizers market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the water soluble fertilizers market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the water soluble fertilizers market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global water soluble fertilizers market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from water soluble fertilizers market are anticipated to lucrative growth opportunities in the future with the rising demand for water soluble fertilizers in the global market. Below mentioned is the list of few companies engaged in the water soluble fertilizers market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the water soluble fertilizers market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Agrium, Inc.
- Compo GmbH & Co. KG
- Coromandel International
- Haifa Chemicals
- Iowa Fertilizer
- Israel Chemical Ltd.
- Sociedad Qu?mica Y Minera SA
- TATA Chemicals
- The Mosaic Company
- Yara International ASA
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