Current Business Affairs Global Water Soluble Fertilizers Market 2018

Water Soluble Fertilizers Market Analysis; By Product Type, By Application, By Crop Type, By Region & Segment Forecast, 2017 – 2025 The global water soluble fertilizers market was valued at USD 7.3 Billion in 2015, and is estimated to reach USD 12.4 Billion by 2025, growing over a CAGR of 5% over the forecast period. Rising government subsidies on water soluble fertilizers adoption and economic incentives on festination for reducing ground water consumption are the major drivers for the growth. Furthermore, growing applications of green house and rising demand for micro-irrigation systems are also considered to be the other factors propelling the expansion over the forecast period. According to Food and Agriculture Organization (FAO), emerging nations including India and China requires additional 120 million hectares of arable land in order to fulfill the rising food demand by 2030. Arable lands are continuously diminishing owing to improper agricultural practices and deforestation. Efficient farm yield accompanied by sustainable benefits, maintenance of plant health and enhanced crop growth are few key trends fueling water-soluble fertilizers industry growth. Rising consumer awareness pertaining to organic food products has been expected to support the industry growth. Moreover, limited arable lands, rising environmental concerns, and easy application are other factors spurring the water soluble fertilizers demand. Furthermore, growing demand for drip irrigation suitable for undulating terrain, rolling topography, barren lands, and shallow soil layers areas is expected to drive industry expansion over the forecast period. Less impurities and low conductivity as compared to chemical fertilizers are few of the properties of water-soluble fertilizers, well-suited in advanced irrigation technology. Soluble fertilizers are considered as a safe chemical alternative for young seedlings and the fertilizer concentration is also easy to adjust. Although, feedstock prices volatility has been predicted to hinder growth over the forecast period. However, rising investment by key marketers for efficient fertilizers and environment-friendly development is also expected to create huge growth opportunities over the forecast period. Avail Sample Copy of report @ https://www.xpodenceresearch.com/Request-Sample/105871 Based on product type segment, the report segregates the segment and delivers the revenue, growth rate, and market share, of each type, • • • • • Nitrogenous Potassium Micronutrients Phosphate Secondary Nutrients Potassium segment is anticipated to witness significant growth over the forecast period Nitrogenous product segment is expected to witness growth owing to high application in oilseeds and grains. The product delivers better color and texture to plants and henceforth, drives the overall crop productivity. Potassium is estimated to witness substantial volume growth owing to the properties including water retention, and protein