The global liquid fertilizer market was valued at $11,108 million in 2016, and is expected to grow at a CAGR of 2.8% from 2017 to 2023 to reach $13,530 million by 2023. Liquid fertilizers provide the required nutrients to plants at specific time and varied conditions. These fertilizers are expected to be absorbed by plants through leaf pores and roots.
These fertilizers are rich in growth hormones and micro nutrients; hence, widely used to row crops, such as maize. They appear to act in the form of a catalyst, increasing a plant’s nutrient uptake. Liquid fertilizers help in the rapid establishment of seedlings and fast pace early growth.
Fertilizers containing sodium, potassium, and phosphorous are able to dissolve quickly in water, which eventually saves the cost of application and allows its utilization. Micronutrient fertilizers are often applied to soil by foliar methods. Furthermore, nitrogen-based liquid fertilizers are expected to account for the major share of the liquid fertilizer market.
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This report projects the trends and opportunities of the global liquid fertilizers market. It includes a qualitative & quantitative analysis with comprehensive research methodologies and reliable projections to understand the present overview and predict the market behavior during the forecast period.
The market is expected to witness major growth, owing to the rise in requirement for food and the development of agricultural industry. The need for micro-nutrients, increase in soil efficiency, growth in demand for biofuels, investments in R&D activities, and introduction of new policies by the government agencies and private players fuel the liquid fertilizers market growth.
Biofuels are obtained from components other than petroleum products and are extracted from energy crops, such as wheat, soybean, corn, rapeseed, and sugarcane. Thus, the demand for biofuels is expected to increase the market growth.
The global liquid fertilizers market is segmented based on type, production process, mode of application, crop, and geography. On the basis of type, it is divided into potassium, micronutrients, phosphate, and nitrogen.
On the basis of production process, it is bifurcated into organic and synthetic. On the basis of application, it is categorized into soil, fertigation, foliar, and others (aerial & starter solutions).
Based on crop, it is classified into oil seeds & pulses, fruits & vegetables, grains & cereals, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key market players in this sector Agrium Incorporated, AgroLiquid, Haifa Chemicals Ltd., Israel Chemical Ltd. (ICL), Kugler Company, Rural Liquid Fertilizers (RLF), Yara International ASA, Agroliquid, Compo Expert GmbH, and K+S Aktiengesellschaft.
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KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the current trends, estimations, and dynamics through 2017–2023, which is expected to assist in identifying the prevailing market opportunities.
- Major countries in each region are mapped as per individual market revenue.
- The region- and country-wise liquid fertilizers market conditions are comprehensively analyzed.
- Key players of the liquid fertilizers market are also listed.
- This study evaluates the value chain to understand the competitive environment across geographies.
- An in-depth analysis of segmentation is provided to elucidate the prevailing market opportunities.
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Table Of Contents
- CHAPTER 1. INTRODUCTION.
- CHAPTER 2. EXECUTIVE SUMMARY
- CHAPTER 3. MARKET OVERVIEW
- CHAPTER 4. GLOBAL LIQUID FERTILIZERS MARKET, BY TYPE
- CHAPTER 5. GLOBAL LIQUID FERTILIZERS MARKET, BY PRODUCTION PROCESS
- CHAPTER 6. GLOBAL LIQUID FERTILIZER MARKET, BY CROP TYPE
- CHAPTER 7. GLOBAL LIQUID FERTILIZER MARKET, BY MODE OF APPLICATION
- CHAPTER 8. GLOBAL LIQUID FERTILIZER MARKET, BY GEOGRAPHY
- CHAPTER 9. COMPANY PROFILES
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