Water Soluble Fertilizers Market Trends, And Forecast To 2025


Posted February 10, 2020 by sandycool

Water Soluble Fertilizers Market was worth USD 3492.96 million in 2020 and estimated to be growing at a CAGR of 5.36%, to reach USD 4534.95 million by 2025.

 
Market Overview:

Water Soluble Fertilizers Market was worth USD 3492.96 million in 2020 and estimated to be growing at a CAGR of 5.36%, to reach USD 4534.95 million by 2025.

Market drivers and restraints:

The key drivers of the market are its broader applications of a greenhouse, government subsidies for adoption of this technology, economic incentives with Fertigation to decrease groundwater consumption and increasing demand for micro-irrigation systems. The key constraints for this market are the price of that is higher as compared to other soil fertilizers and also its negative seasonal impact and need for high initial setup price. A Broad Scope of a micro-irrigation system in Asia creates opportunities for the acceptance of water-soluble fertilizers.

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https://www.marketdataforecast.com/market-reports/water-soluble-fertilizers-market

Report segmented as:

By type:

Nitrogenous
Phosphatic
Potassic
Micronutrients
biofertilizers
biostimulants
By application:

fertigation
foliar
Geographical analysis:

Geographically based, the world water-soluble fertilizers market is segregated as North America, Europe, Asia Pacific, and Rest of the World. The Asia Pacific is estimated to be the leading player in the world water-soluble fertilizer market majorly due to the increasing adoption rate of micro and merchandise irrigation systems in this region. In addition to that, the demand for water-soluble fertilizers is also estimated to rise in this region.

Important market players:

Some of the major players identified in the world water-soluble fertilizer market are Agrium Inc., Israel Chemical Ltd., The Mosaic Company, Haifa Chemicals Ltd., Yara International ASA, Zuari Industries Ltd., Indian Farmers Fertilizer Cooperative, Coromandel International Ltd., Rashtriya Chemicals & Fertilizers among many others.

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The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for a better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

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

About Us:

Market Data Forecast is a firm working in the areas of market research, business intelligence, and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

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Abhishek Shukla

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Tags market data forecast , market share , market values , water soluble fertilizers
Last Updated February 10, 2020