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The global liquid fertilizer market has been estimated at USD 11.2 billion in 2015. The market is expected to register a CAGR of 2.9% during the forecast period, 2018 to 2023. On basis of the major ingredients, the organic liquid fertilizers are expected to grow at a faster pace than the synthetic liquid fertilizers. The foliar application of liquid fertilizers is the most commonly used method as it helps in neutralizing soil conditions, enhance plant growth, and increase the rate of nutrient absorption as compared to the other methods of fertilizer application.
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Growing demand from the fertilizer industry is anticipated to be one of the major factors driving the demand for halide minerals such as halite and sylvite over the next few years. In addition, increasing demand for organic food has also contributed towards the rising consumption of potash fertilizers, which in turn are expected to boost the demand for KCl over the forecast period. However, price volatility in certain halide minerals such as potassium chloride are expected to make a severe impact on the growth of the market over the forecast period. Increasing use of halide minerals in the biofertilizers industry is expected to provide new opportunities for the growth of the market.
A detailed analysis and key insights on the global fertilizer additives market has been presented in its latest report titled ‘Fertilizer Additives Market Forecast, Trend Analysis & Competition Tracking – Global Review: 2018 to 2028’. The long-term outlook on the global fertilizer additives market is positive with the fertilizer additives market pegged at a value of US$ 956.2 Mn in 2018. It is expected to reach US$ 1,445.8 Mn by 2028 end, growing at a value CAGR of 4.2%. Among the segments by type, the anticaking fertilizer additives segment is expected account for the lion’s share in terms of value and volume over the forecast period. The dust suppressor fertilizer additives segment is expected to register a relatively high CAGR. Among all the regions covered in this study, Asia Pacific excluding Japan (APEJ) is expected to remain dominant throughout the forecast, growing at a rate of 6.4% from 2018 to 2028. In this report, FMI throws light on the drivers and restraints likely to impact the fertilizer additives market during the forecast period.
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The demand for fertilizer catalysts is primarily driven by the increasing production of fertilizers, particularly in countries such as China, India, the US, and Russia. These countries are the largest producers of ammonia. The Asia Pacific region dominated the global fertilizer catalysts market in 2017 due to the presence of major producers of ammonia-based fertilizers in China, India, and Indonesia. Additionally, China is one of the largest exporters of phosphate fertilizers, which implies that higher the production of phosphate fertilizers, higher would be the need for the adoption of catalysts during the production process.
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However, research on anti-caking agents has been hinting that anticaking agents may have an adverse effect on food nutrition. For instance, a specific study result has mentioned that most anti-caking agents resulted in the additional degradation of Vitamin C added to food. Such drawbacks of anti-caking agents have been dampening the growth rate of the anti-caking agents market.
Forms covered: Liquid, DryRaw Materials Types Covered: Animal Based Fertilizers, Plant Based FertilizersSources covered: Mineral, Plant, AnimalCrop Types covered: Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses, Other Crop TypesApplications Covered: Gardening, Farming
On the basis of the end users/applications, this Humic Acid Water Soluble Fertilizers market report focuses on the status and outlook for major applications/end users, consumption (sales), Humic Acid Water Soluble Fertilizers industry share and growth rate for each application, including:
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