The global demand for Water Soluble Fertilizer Market is presumed to reach the valuation of nearly USD XXX MN by 2026 from USD XXX MN in 2019 with a CAGR of X.XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XXX Kilo Tons in 2019 and foreseen to touch XXX Kilo Tons by 2026 with a CAGR of X.X% during 2020-2026.
Water Soluble Fertilizer refers to the fertilizers that are readily soluble in the water. And, aids the process of fertigation or foliar by releasing important plant nutrients. In the former methods, the fertilizer is fed at the root levels whereas in the latter the WSFs are put directly on the foliage. The WSFs ensure that both the nutrients and water can be overseen to maximize yield and quality. The WSFs are available in two forms in the market: granular and liquid. The water-soluble fertilizers are best-suited for the modern irrigation system and its use prevents ground contamination.
The emerging economies are witnessing a reduction in arable land due to rapid urbanization and industrialization. Additionally, deforestation and improper agricultural methods contribute to the reduced fertility of arable land. This urges the use of fertilizers including WSFs to increase the yield from existing farms. The ongoing pandemic crisis has developed disruption in the agrochemical manufacture owing to raw material availability. This trend is anticipated to instill a cascading impact on food production and crop yields on agrarian economies. Nevertheless, increasing investments by key market players for the growth of eco-friendly fertilizers will establish the growth prospects of the water-soluble fertilizer market in the future.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of water soluble fertilizer.
The entire water soluble fertilizer market has been sub-categorized into product, crop type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Crop Type
- Secondary Nutrients
- Turf & Ornamental
This section covers regional segmentation which accentuates on current and future demand for water soluble fertilizer market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Water Soluble Fertilizer Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the water soluble fertilizer market include Agrium, Inc., Yara International ASA, Israel Chemical Ltd., Haifa Chemicals, The Mosaic Company, Compo GmbH & Co. KG, Coromandel International, Hebei Monband, K+S AG, Sociedad Química Y Minera SA, Sinochem Fertilizer Company, TATA Chemicals, Potash Corp. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.