Water Soluble Fertilizers Market Report

Market Insights

Water Soluble Fertilizers Market is likely to witness an impressive CAGR of 7.1% during the forecast period. Growing adoption of specialty fertilizers to meet the intensifying food demand, the many advantages of water soluble fertilizers over conventional fertilizers such as higher crop harvest and nutrient accessibility in the soil are some of the major factors driving the market growth during the forecast period.

Segment Analysis

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Water Soluble Fertilizers Market Share: By Form Type

Based on the form type, the market is segmented as dry and liquid. Dry water soluble fertilizers are estimated to witness strong growth rate in the market, during the forecast period, owing to their extensive usage in agriculture, horticulture, and gardening activities. These fertilizers are further categorized as granules and powder. The attributes of dry water soluble fertilizers, such as easy storage and prolonged shelf life are likely to fuel the product demand during the forecast period.

Water Soluble Fertilizers Market Share: By Product Type

Based on the product type, the market is segmented nitrogenous, micronutrients, phosphatic, and potassium. The nitrogenous segment is expected to be the leading segment of the market over the forecast period. This growth of the segment is owing to its prevalent usage in oilseeds and grains plantation. On the other hand, the micronutrients segment is expected to grow at a faster pace than the other product types on account of the depletion of micronutrients from the soil over the past few years due to the growing usage of NPK fertilizers comprising lesser amounts of micronutrient impurities and high-yield crop demand. The growing demand for micronutrients will drive the segment growth over the forecast period.

Water Soluble Fertilizers Market Share: By Mode of Application Type

Based on the mode of application type, the market is segmented as foliar and fertigation. The foliar segment is expected to be the leading mode of application during the forecast period, driven by the reason that it is an eco-friendly process that diminishes the discharge of nitrates and other elements into the environment, lessens water pollution, and upholds the soil productivity.

Water Soluble Fertilizers Market Share: By Region

In terms of regions, Asia-Pacific is estimated to be the leading region in the market for water soluble fertilizers during the forecast period. The region’s growth is owing to the growing demand from highly populated economies such as China, India, Pakistan, Vietnam, and Bangladesh. Additionally, investment inflows and subsidies from governments to the fertilizer industry are further expected to fuel the product adoption in the regional market over the forecast period. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

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Market Scope & Segmentation

Water Soluble Fertilizers are compound specialty fertilizers that can be entirely dissolved in water and are easy to add or leach out from the soil. These fertilizers surge the consumption rate as the incorporation of water and fertilizer saves water, fertilizer, and labor.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The water soluble fertilizers market is segmented into the following categories.

Water Soluble Fertilizers Market Size, Share, & Forecast, by Form Type:

• Dry
  • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
  • Type Analysis: Granules and Powder
• Liquid (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Water Soluble Fertilizers Market Size, Share, & Forecast, by Product Type:

• Nitrogenous
  • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
  • Type Analysis: Urea, Ammonium Nitrate, and Calcium Nitrate
• Micronutrients
  • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
  • Type Analysis: Iron, Manganese, and Zinc
• Phosphatic
  • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
  • Type Analysis: Mono-ammonium Phosphate, Phosphoric Acid, and Mono Potassium Phosphate
• Potassium
  • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
  • Type Analysis: Potassium Chloride, Potassium Sulfate, and Potassium Nitrate

Water Soluble Fertilizers Market Size, Share, & Forecast, by Mode of Application Type:

• Foliar (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Fertigation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Water Soluble Fertilizers Market Size, Share, & Forecast, by Crop Type:

• Cereals (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Vegetables (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Fruits (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Plantation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Turf & Ornamentals (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Greenhouse Crops (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Water Soluble Fertilizers Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Key Players

Some of the key players in the water soluble fertilizers market are-

• Agafert Srl
• Coromandel International Limited
• Everris
• Haifa Group
• Israel Chemical Ltd. (ICL)
• K+S AG
• Nutrien
• Sinochem Corporation
• The Mosaic Company
• Yara International ASA.

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the form types by product type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.