Complex Fertilizers Market Recent Developments 2024


Posted January 23, 2020 by sandycool

Complex Fertilizers market size was around USD 54.3 billion in 2019. It is expected to grow at a CAGR of 7.07% to reach USD 76.4 billion by 2024.

 
Recent Developments

EuroChem Group AG is an agrochemical company, primarily produces and sells mineral fertilizers worldwide. It operates through five segments: Mining, Fertilizers, Oil & Gas, Logistics, and Sales. ENTEC®-fertilizers are nitrogenous mineral fertilizers carrying the DMPP* ammonium stabilizer, which diminishes bacterial activity in soils. This relaxes nitrification and ‘stabilizes’ the ammonium nitrogen in the fertilizer in the soil. In addition to the stabilized ammonium nitrogen, ENTEC® always holds a proportion of nitrate to enable fast plant uptake. Secures nitrogen supply in all-weather situation. Gives work management benefits by bringing nitrogen fertilization forward or together. Assures both quality and yields.

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Market Segmentation :

Complex Fertilizers Market size was around USD 54.3 billion in 2019. It is expected to grow at a CAGR of 7.07% to reach USD 76.4 billion by 2024.

Report is segmented by

Crop Type

Cereals,

Oilseeds,

Fruits & vegetables 

Form

Solid,

Liquid.

Based on the crop type, Oilseeds are the fastest growing segment because of the growing demand for agricultural production. On the bases of form, solid segment is expected more than half of the market as per the data of 2016.

Geographical Segmentation:

Based on the geography the market is analyzed under several regions namely, North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Now, Asia-Pacific accounts for the largest market share while Latin America has the highest CAGR.

Key market players in the market are –

CF Industries Holdings Inc. (U.S.),

Yara International ASA (Norway),

The Mosaic Company (U.S.),

EuroChem Group AG (Switzerland),

Potash Corporation of Saskatchewan (Canada).

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Scope of the report:

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

Contact Info:     
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Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626
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Last Updated January 23, 2020