Ken Research - China Complex Fertilizer Demand

China Complex Fertilizer Market is Driven by Rise in Net Irrigated Area and Expected Replacement from Straight Chemical Fertilizers: Ken Research China Complex Fertilizer Market by Region (Henan, Shandong, Anhui, Jilin, Jiangsu and Others), by product form (Granulated/Fused or Blended), by type (two or three nutrients), by crops (cereals, oilseeds, fruits & vegetables and others), by grade (NPK 16-16-8, NPK 20-20-15, NPK 15-15-15, NPK 20-25-5 and Others), Market share of major players including Kingenta, Hubei Xinyangfeng, China XLX Fertilizers, Sino-Arab Chemical Fertilizers, Sinopec, Sumitomo Corporation, Hebei Sanyuanjiuqi Fertilizer, Shandong Lvfeng Fertilizer, Hebei Zhongchang Fertilizer, Hanfeng Evergreen, Yujiang TianYu Eco-Agriculture, Hebei Chunchao Biological Technology, China BlueChemical.   Net irrigated area in China is expected to rise from 68.7 million hectares in 2017 to 74.7 million hectares by 2022. China’s food grain production is expected to grow at a CAGR of 1.3% during 2017- 2022 from 621.1 million MT in 2017 to 663.2 million MT by 2022. In 2015, Ministry of Agriculture issued Action Plan for “Achieving Zero Growth of Fertilizer Use by 2020”. The Chinese government intends to achieve zero growth in volume of use of fertilizers and maximize the utilization of the same. By 2020, it hopes to reduce fertilize usage on its fruits, vegetables and tea crops by 50%. China plans to replace chemical