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Global Water Soluble Fertilizers Market Analysis & Opportunity Outlook 2021

Published On : 09:40 AM, 14th September, 2017 REP-ID-112 Category: Chemicals and Materials

Water soluble fertilizers (WSF) are more value and less volume products. Globally, the market of water soluble fertilizers has viewed striking growth due to increasing demand in horticulture for such fertilizers. WSF is homogeneous in nature and contains all the important nutrients required by the plants for healthy growth. The scarcity of water for agriculture purpose has forced people to adopt spray technique and as a result an inclination towards using WSF can be seen up-surged across the globe. In addition to that, being soluble in nature, the use of WSF is advised over other fertilizers for modern irrigation techniques.

In 2015, the global water soluble fertilizers market reached at USD 11,590 Million and is predicted to expand at a CAGR of 5.7% during 2016-2021.

Market Segmentation

By Types

  • Nitrogenous,
  • Micronutrients
  • Potassic
  • Phosphatic

By Application

  • Fertigation
  • Foliar
  • Drip

By Geography

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • Rest Of The World

By Grades

  • 19:19:19
  • 0:0:50
  • 13:0:45
  • 28:28:28
  • 18:18:18
  • 13:40:13
  • 12:61:0
  • Water soluble calcium nitrate
  • Urea phosphate

By Crop

  • Ornamental crop
  • Field crops
  • Horticulture crops
  • Others

Growth Drivers and Challenges

Factors like increased WSF availability, new products offering, advent of micro irrigation and ease of application are expected to drive the global water soluble fertilizers market in near future.

However, high cost and less adoption of spray technology are believed to be the biggest restraints for the global water soluble fertilizers market.

Market size and Forecast

By 2018 at 41.02%, Europe is expected to have the biggest market share followed by North America.

Further, in North America, U.S leads the water soluble fertilizers market at present and is expected to maintain its position in next five years down the line.

In Europe, Germany, Italy, France, Spanish and U.K. are the biggest market for water soluble fertilizers at present.

On the back of better GDP figures, promising economic growth and realistic government policies would allow Asia to experience the highest CAGR in next five years. Asia water soluble fertilizers market comprises of major market such as India, China, Thailand, and Japan.

Key Players

The global water soluble fertilizers includes some top players like-

  • Agrium Inc.
  • Israel chemical ltd.
  • The mosaic company
  • Haifa chemicals ltd.
  • Coromandel international ltd.
  • Yara International ASA
  • Compo GmbH & Co. KG
  • Hebei Monband Water Soluble Fertilizer Co., Ltd.
  • Sociedad Quimica Y Minera SA (SQM)
  • K+S AG

Scope and Context

Overview of the Parent Market

Analyst View

Market Size and Growth

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Rest of Latin America)
  • Western and Eastern Europe (Germany, Italy, Spain, France, U.K, Benelux, Hungary, Rest Of Western Europe, Russia Poland, Rest of Eastern Europe)
  • Asia-Pacific (China, India, Singapore, Japan, Australia & New Zealand & Rest of Asia)
  • Rest of World

Segmentation

  • By Application
  • By Grades
  • By Crops
  • By Type
  • By Geography

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

 

                           Key Answers Captured in Report?

Which geography would have better demand for product/services?
What are the strategies adopted by big players in the regional market?
Which country would see the steep rise in CAGR & year-on-year (Y-O-Y) growth?
What is the current & expected market size in next five years?
What is the market feasibility for long term investment?
What opportunity the country would offer for existing and new players in the market?
What is risk involved for suppliers in the geography?
What factors would drive the demand for the product/service in near future?
What is the impact analysis of various factors in the market growth?
What are the recent trends in the regional market and how successful they are?

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