Liquid Fertilizers Market – Segmented By Product Type, Application And Geography (2019 – 2024):-
The report presents an in-depth assessment of the Liquid Fertilizers including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Liquid Fertilizers investments from 2019 till 2024.
The global liquid fertilizers market was valued at USD 8,759.9 million in 2018, and is expected to register a CAGR of 3.4% during the forecast period (2019-2024).
The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Liquid Fertilizers Market: Yara International ASA, Nutrien Ltd., ICL Fertilizers, Haifa Chemicals Ltd, Plant Food Company Inc., K+S Aktiengesellschaft, Compo Expert GmbH, Kugler Company, AgroLiquid AD, Nutri-Tech Solutions, Tessenderlo Group, Nutra Flow, Agrotiger, FoxFar Soil & Fertilizer Company, and others.
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Scope of the Report
Liquid fertilizers are the latest and most technically advanced products that supply nutrients to crops. The need to improve food security has strongly influenced the demand for high-efficiency fertilizers in the world over the years. Along with market expansion, companies in the global liquid fertilizers market are not only competing based on product quality and promotion but are also focused on expanding their reach to new regions.
Regional Analysis For Liquid Fertilizers Market:
For comprehensive understanding of market dynamics, Liquid Fertilizers Market is analyzed across key geographies namely: North America, US, Europe, Australia, Mexico, UK, India and others. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
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Key Market Trends
Easy Usage and Application Procedures
Despite the global shrinkage of arable land, there is an increasing demand for food around the world, which has led to an enormous increase in the application of high-efficiency fertilizers, including liquid fertilizers, in cultivation. The contribution of liquid fertilizers to the overall yield and food security is significant. So far, the highest adoption rate of liquid fertilizers is observed in the North American region. As per the International Fertilizer Industry Association (IFA), anhydrous ammonia garnered a larger share of 77% in liquid fertilizer application, followed by urea ammonium nitrate (UAN) solutions (18%). Liquid fertilizers, when compared with granular fertilizers, offer higher uniformity, in turn, providing the crops with an even consistent coating so that all plants receive the same nutrients regardless of location. Consequently, liquid fertilizers are projected to witness growth as one of the highly efficient fertilizers that can give cost-effective yields under varied agro-climatic conditions, unlike other types of fertilizers.
Asia-Pacific dominates the Global Market
Asia-Pacific is traditionally the largest market, representing a 38.4% share in the global market. Owing to factors, such as the rising concern over the current pattern of liquid fertilizer use, heavy reliance on nitrogenous liquid fertilizer, poor nutrition management, lack of complementary inputs, declining soil fertility, and weak marketing and distribution systems, there is a heightened need to improve liquid fertilizer’s effectiveness in the region. Furthermore, these concerns have given way to liquid bio-fertilizer and liquid micronutrient fertilizer being developed in the region. In the Asia-Pacific region, China holds the largest share of 46.5%, while Australia is expected to witness the fastest growth.
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What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: Liquid Fertilizers Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
Finally, Liquid Fertilizers Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
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