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Water Soluble Fertilizers Market Report
The Water Soluble Fertilizers Market is Segmented by Form Type (Dry [Granules and Powder] and Liquid), by Product Type (Nitrogenous [Urea, Ammonium Nitrate, and Calcium Nitrate], Micronutrients [Iron, Manganese, and Zinc], Phosphatic [Mono-ammonium Phosphate, Phosphoric Acid, and Mono Potassium Phosphate], and Potassium, [Potassium Chloride, Potassium Sulfate, and Potassium Nitrate]), by Mode of Application Type...
Impact of COVID-19 on Water Soluble Fertilizers Market
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
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.
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Water Soluble Fertilizers Market - Snapshot |
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Growth |
7.1% for the next five years |
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Major Form Type |
Dry |
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Major Product Type |
Nitrogenous |
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Region with the highest demand |
Asia-Pacific |
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Key Players |
Agafert Srl, Coromandel International Limited, Everris, Haifa Group, Israel Chemical Ltd. (ICL), K+S AG, Nutrien, Sinochem Corporation, The Mosaic Company, and Yara International ASA |
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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.
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.
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.
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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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.
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Water Soluble Fertilizers Market Research Report - Features |
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Market Segmentation |
5 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
17 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The water soluble fertilizers market is segmented into the following categories.
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Some of the key players in the water soluble fertilizers market are-
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.
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:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
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.
The water soluble fertilizers market is expected to witness an impressive growth of 7.1% CAGR in the foreseeable future.
Agafert Srl, Coromandel International Limited, Everris, Haifa Group, Israel Chemical Ltd. (ICL), K+S AG, Nutrien, Sinochem Corporation, The Mosaic Company, and Yara International ASA are among the key players in the water soluble fertilizers market.
Asia-pacific is expected to be the leading region in the water soluble fertilizers market during the forecast period.
The foliar segment is expected to be the leading mode of application in the water soluble fertilizers market in the coming years.
The nitrogenous segment is expected to be the leading segment of the water soluble fertilizers market during the next five years.
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 the factors driving the growth of water soluble fertilizers market.
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