A recent report published by Infinium Global Research on water soluble fertilizers market provides in depth analysis of segments and sub-segments in global as well as regional water soluble fertilizers market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional water soluble fertilizers market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global water soluble fertilizers market. According to report the global water soluble fertilizers market is projected to grow at a CAGR of 4.7% over the forecast period of 2017-2023.
Water-soluble fertilizers help farmers maximize production in a sustainable manner and also accelerate the growth of crops and maintain the overall health of the plants, which will impel this market’s growth in the coming years. The global water soluble fertilizers market is highly fragmented due to the presence of several diversified international and regional players in the market. As the global corporations have increased their presence in the market, most local vendors are finding it difficult to compete with them, in terms of technology, quality, and pricing. The competitive among the vendors is anticipated to intensify further with an increase in technological innovations, product/service extensions, and mergers and acquisitions. International vendors are most likely to grow inorganically by acquiring regional or local players.
Figure 1: Global Water Soluble Fertilizers Market by Value 2015-2023
The report on global water soluble fertilizers market covers segments such as, type, application and crop type. On the basis of type the global water soluble fertilizers market is categorized into nitrogenous, phosphatic, potassic water-soluble fertilizers and micronutrients. On the basis of application the global water soluble fertilizers market is categorized into foliar application and fertigation application. On the basis of crop type the global water soluble fertilizers market is categorized into field crops, horticultural crops, turf & ornamentals and others.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2015-2023.
Figure 2: Global Water Soluble Fertilizers Market by Region, CAGR % 2017-2023
The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2017-2023.
The report provides profiles of the companies in the global water soluble fertilizers market such as, Agrium Inc., Compo GmbH & Co. KG, Coromandel International Ltd., Haifa Chemicals Limited, Israel Chemical Limited, Hebei Monband Water Soluble Fertilizer Co., Ltd., K+S AG, Sociedad Quimica Y Minera SA (SQM), The Mosaic Company and Yara International ASA.
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global water soluble fertilizers market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of water soluble fertilizers market.
Moreover, the study highlights current market trends and provides forecast from 2017-2023. We also have highlighted future trends in the water soluble fertilizers market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. This report will help manufacturers, suppliers and distributors of the water soluble fertilizers market to understand the present and future trends in this market and formulate their strategies accordingly.
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