Water-soluble fertilizers market share, water-soluble fertilizers industry, water-soluble fertilizers market forecast, water-soluble fertilizers market insights, water-soluble fertilizers market size, water-soluble fertilizers market trends, water-soluble fertilizers market segments, water-soluble fertilizers industry analysis, water-soluble fertilizers market overview, water-soluble fertilizers market growth, water-soluble fertilizers market research, water-soluble fertilizers market outlook
The water-soluble fertilizers global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Water-Soluble Fertilizers Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The water-soluble fertilizers market size has grown strongly in recent years. It will grow from $14.48 billion in 2023 to $15.26 billion in 2024 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to increasing awareness of crop nutrient requirements, rise in greenhouse and hydroponic cultivation, government initiatives and subsidies, shift towards sustainable agriculture, improved access to agricultural information.
The water-soluble fertilizers market size is expected to see strong growth in the next few years. It will grow to $19.16 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to rising global population and food demand, focus on nutrient efficiency and crop yield, expansion of controlled environment agriculture, market emphasis on sustainable agriculture. Major trends in the forecast period include precision agriculture adoption, technological advancements in formulations, rising demand for high-quality crops, growing emphasis on environmental sustainability, shift towards hydroponic and fertigation systems.
Order your report now for swift delivery @
https://www.thebusinessresearchcompany.com/report/water-soluble-fertilizers-global-market-report
Scope Of Water-Soluble Fertilizers Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Water-Soluble Fertilizers Market Overview
Market Drivers –
The increasing need for fertilizers that are water soluble is expected to propel the growth of the water-soluble fertilizers market in the coming future. Water-soluble fertilizers are fertilizers that are soluble readily in water and are applied directly to the crop. The increasing need for water-soluble fertilizers is expanding the water-soluble fertilizers market since nutrients can be easily managed by the use of water-soluble fertilizers, and leaching and erosion have little impact on them. For instance, in June 2022, according to the House of Lords Library, a UK-based Chamber of Lords’ library and information resource, which is the upper chamber of the United Kingdom’s Parliament, Potash fertilizer prices had climbed by 165%, while phosphate fertilizer prices had increased by 120% to 128%, depending on the diversity. Therefore, the increasing need for fertilizers that are water soluble is driving the market.
Market Trends –
Product innovation is the key trend gaining popularity in the water-soluble fertilizers market. Major companies operating in the water-soluble fertilizers market are focused on developing innovative products to strengthen their position in the market. For instance, in July 2022, SQM, a Chile-based chemical firm that provides iodine, lithium, and industrial chemicals as well as plant nutrition, launched Ultrasoline K Plus a water-soluble fertilizer. Ultrasoline K Plus is composed of iodine, 13.7% nitrogen, and 46.3% potassium, and it has been supported by over 100 field tests with growers. By using Ultrasoline K Plus, crops may avoid iodine shortages without running the danger of applying too much iodine. Ultrasoline K Plus is created using an ecologically friendly technique that produces up to 40% fewer greenhouse emissions in addition to satisfying the demands of international markets.
The water-soluble fertilizers market covered in this report is segmented –
1) By Type: Nitrogenous, Phosphatic, Potassic, Other Types
2) By Form: Dry, Liquid
3) By Crop Type: Field Crops, Horticultural Crops, Plantation, Turf And Ornamentals, Other Crop Types
4) By Application: Foliar, Fertigation
Get an inside scoop of the water-soluble fertilizers market, Request now for Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=10503&type=smp
Regional Insights –
Asia-Pacific was the largest region in the water-soluble fertilizers market in 2023. The regions covered in the water-soluble fertilizers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the water-soluble fertilizers market report are Nutrien Ltd., Israel Chemicals Ltd, Coromandel International Limited., The Mosaic Company, K+S AKTiengesellschaft, Agrium Inc., Iowa Fertilizer Company, Qatar Fertiliser Company, Israel Chemical Limited, Sociedad Quimica YMinera SA (SQM), Yara International ASA, BMS Micro-Nutrients NV, COMPO EXPERT INDIA PRIVATE LIMITED, Haifa Group, Indian Farmers Fertiliser Cooperative Limited, EuroChem Group AG, UralChem Holding PLC, Sinochem Fertilizer Co. Ltd., Hebei Monband Water Soluble Fertilizer Co. Ltd., Potash Corporation of Saskatchewan Inc, Shandong Kingenta Ecological Engineering Co. Ltd., National Liquid Fertilizer, Arab Potash Company, Omex Agriculture Inc., Everris International B.V., Agafert Srl, Nagarjuna Fertilizers & Chemicals Ltd., Grupa Azoty S.A., Gujarat Agro Industries Corporation Ltd., Zuari Agro Chemicals Limited
Table of Contents
1. Executive Summary
2. Water-Soluble Fertilizers Market Report Structure
3. Water-Soluble Fertilizers Market Trends And Strategies
4. Water-Soluble Fertilizers Market – Macro Economic Scenario
5. Water-Soluble Fertilizers Market Size And Growth
…..
27. Water-Soluble Fertilizers Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
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
