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.
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Based on product type segment, the report segregates the segment and delivers the revenue, growth rate, and
market share, of each type,
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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