Chemical Fertilizers Market 2023 Latest Insights, Growth Rate, Future Trends And Forecast

The Chemical Fertilizers Global Market Report 2023, provides comprehensive information on the chemical fertilizers market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s Chemical Fertilizers Global Market Report 2023, the global chemical fertilizers market grew from $159.16 billion in 2022 to $169.17 billion in 2023 at a compound annual growth rate (CAGR) of 6.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The chemical fertilizers market is expected to grow to $214.07 billion in 2027 at a CAGR of 6.1%.

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The chemical fertilizers market is segmented:

1) By Type: Nitrogen Fertilizer, Phosphate Fertilizer, Potash Fertilizer

2) By Crop Category: Cereals, Oilseeds, Vegetables, Fruits, Other Crop Categories

3) By Method of Application: Broadcasting, Drop Spreading, Fertigation, Foilar Spray

4) By Form: Solid, Liquid, Gaseous

5) By Product Type: Complex Fertilizers, DAP, MOP, Urea, SSP, Other Product Types

Asia-Pacific was the largest region in the chemical fertilizers market in 2022.

The table of contents in TBRC’s chemical fertilizers market report includes:

1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth

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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis

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