How big is the chemical fertilizers market today, and what are its future growth expectations?
The chemical fertilizers market size has grown strongly in recent years. It will grow from $192.5 billion in 2024 to $210.18 billion in 2025 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to agricultural productivity, global food demand, the advancements in fertilizer manufacturing and distribution technologies, shifts in farming practices, soil depletion.
The chemical fertilizers market size is expected to see strong growth in the next few years. It will grow to $284.96 billion in 2029 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to sustainable agriculture, climate change impact, precision agriculture, regulatory changes, population growth and urbanization. Major trends in the forecast period include customized fertilizer blends, slow-release and controlled-release fertilizers, biofertilizers and biostimulants, nutrient management technology, organic farming and organic fertilizers.
Get Your Free Sample of The Global Chemical Fertilizers Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3581&type=smp
What have been the primary factors driving the chemical fertilizers market’s growth?
Farmers all around the world are adopting intensive farming techniques to increase productivity per hectare. Intensive farming is an agricultural intensification and mechanization system that aims to maximize yields from available land through various means, such as heavy use of pesticides and chemical fertilizers. These techniques help to meet the rising demand for food of the growing population and help to prevent food shortages. Some intensive farming techniques, such as monoculture, drive the demand for fertilizers. Monoculture is the practice of growing one type of crop intensively over a large area, thus depleting nutrients in the soil and making it heavily dependent on synthetic fertilizers.
What are the key segments within the chemical fertilizers market?
The chemical fertilizers market covered in this report is segmented –
1) By Type: Nitrogen Fertilizer, Phosphate Fertilizer, Potash Fertilizer
2) By Crop Category: Cereals, Oilseeds, Vegetables, Fruits, Other Crop Categories
3) By Form: Solid, Liquid, Gaseous
4) By Product Type: Complex Fertilizers, DAP, MOP, Urea, SSP, Other Product Types
5) By Method of Application: Broadcasting, Drop Spreading, Fertigation, Foliar Spray
Subsegments:
1) By Nitrogen Fertilizer: Urea, Ammonium Nitrate, Ammonium Sulfate, Calcium Ammonium Nitrate (CAN), Other Nitrogen Fertilizers
2) By Phosphate Fertilizer: Single Superphosphate (SSP), Triple Superphosphate (TSP), Diammonium Phosphate (DAP), Monoammonium Phosphate (MAP), Other Phosphate Fertilizers
3) By Potash Fertilizer: Muriate Of Potash (MOP), Sulfate Of Potash (SOP), Other Potash Fertilizers
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/chemical-fertilizers-global-market-report
Which key players are shaping the chemical fertilizers market?
Major companies operating in the chemical fertilizers market include Sinopec Limited, Yara International ASA (ADR), Guardian Industries LLC, Nutrien Ltd, Marubeni Corporation, Mitsui & Co. Ltd., BASF SE, CF Industries Holdings Inc, Israel Corp Ltd, Sinofert Holdings Limited, Central Farmers Fertilizers Industries, The Mosaic Company, Haifa Group, Indian Farmers Fertiliser Co-operative Limited (IFFCO), Oriental Chemicals Iimited, Abu Qir Fertilizers and Chemicals, Acron Group, Intrepid Potash Inc., EuroChem Group AG, Uralkali, PhosAgro, PotashCorp, Agrium, Kali und Salz (K+Z), Coromandel International Limited, Gujarat State Fertilizers & Chemicals Ltd., Chambal Fertilisers and Chemicals Limited, Rashtriya Chemicals & Fertilizers Ltd., Deepak Fertilisers and Petrochemicals Corporation Ltd., Zuari Agro Chemicals Ltd., National Fertilizers Limited, Fertiberia, Office Chérifien des Phosphates (OCP) Group, Sociedad Química y Minera de ( SQM ), Potash Ridge Corporation.
How will emerging trends drive the chemical fertilizers market throughout the forecast period?
Major companies operating in the chemical fertilizers market are focusing on developing technologically advanced solutions, such as water-soluble micronutrients and N-P-K fertilizers, to address several critical industry demands. Water-soluble micronutrient and N-P-K fertilizers dissolve in water for easy application, providing essential nutrients that enhance plant health and improve crop yields. For instance, in June 2023, ICL, an Israel-based manufacturing company, launched water-soluble micronutrient and N-P-K fertilizers. The products—Nova FINISH, Nova PULSE, Nova ELEVATE, and Nova FLOW—are designed for foliar and fertigation applications, offering high-purity nutrients tailored to crop needs. These fertilizers maximize solubility and compatibility with most herbicides, addressing nutrient deficiencies and reducing plant stress. Jason Haegele, ICL’s North American Agronomy Lead, highlighted the significance of these solutions for growers facing unique crop nutrition challenges.
How do regional factors impact the chemical fertilizers market, and which region is the largest contributor?
Asia-Pacific was the largest region in the chemical fertilizers market in 2023. North America was the second-largest region in the chemical fertilizers market. The regions covered in the chemical fertilizers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Chemical Fertilizers Market Report 2025 Offer?
The chemical fertilizers market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
The chemical fertilizers refer to synthetic compound substances that are specifically used to improve crop yield. These fertilizers are produced from sewage or animal waste, and nitrogenous or phosphatic materials along with other ingredients.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=3581
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
