Specialty fertilizers are defined as fertilizers that are applied in the special condition of soil & plant. Specialty fertilizers applied for specialized action in plants in order to increase production level. These fertilizers release essential nutrients. These nutrients are in sufficient amounts and are completely absorbed by the plants. It controls the amount of moisture contact. Specialty fertilizers also help to enhance the uptake of nutrients, minimizes possible loss of nutrients, and reduce the toxicity caused due to high ionic concentration.

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On the basis of geography, Asia Pacific region is expected to witness significant growth during the forecast period, owing to increasing agricultural practices and requirement of high-quality agricultural produce. Major crops produced in Asia include rice, sugar beet, fruits & vegetables, cereals, and grains; the region consumes 90% of the global rice produced. Asian countries, such as Korea, China, Japan, and recently Vietnam, are applying high levels of nitrogenous fertilizers per hectare for both short-term and perennial crops. Hence, the demand for specialty fertilizers is high in the region.

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Some of the key players in Specialty Fertilizers Market include Israel Chemicals Ltd., K+S Aktiengesellschaft, CF Industries Holdings, Inc., Nufarm, Haifa Group, OCP Group, Nutrien, Ltd., Yara International Asa, Coromandel International Limited, Kugler, The Mosaic Company, Eurochem Group, Compo Expert GmbH, Wilbur-Ellis Company LLC, Deepak Fertilizers & Petrochemicals Corporation Ltd., Brandt, and Tata chemicals Ltd.

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