Ken Research - China Complex Fertilizer Demand | Page 2
fertilizers with organic nutrients that are usually sourced from the decomposition of organic
materials like animal manure, compost, and crop residue. The government is encouraging
use of organic fertilizers by providing subsidies and tax incentives. However, the success of
organic fertilizers replacing chemical fertilizers on a large scale has not been seen yet.
Amidst efforts to achieve zero growth in overall fertilizer usage, nitrogen fertilizers in China
are increasingly being replaced by complex fertilizers. However, despite the growing
adoption by farmers, much of the domestic NPK production is of low quality.
Growing emphasis on improving fertilizer quality, curbing soil pollution, better land
management practices and urgent need to improve agricultural productivity is expected to
augment the demand for complex fertilizers in China, according to Analyst at Ken Research.
Ken Research in its latest study, China Complex (NPK) Fertilizer Market Outlook to 2022 –
Expected Replacement from Straight Chemical Fertilizers to Complex Fertilizers suggests
that Kingenta, Hubei Xinyangfeng, China XLX Fertilizers and Sino-Arab Chemical
Fertilizers will remain the major players in this space in China. However, these major
players will witness rising competition from other existing and new entrants launching
cheaper products in the market.
Keywords:
China Complex Fertilizer Demand
China Complex Fertilizer Consumption
China Complex Fertilizer Production
China Complex Fertilizer Market
China Granulated NPK Consumption
China Blended NPK Consumption
China NPK Fertilizer Demand
China NPK Fertilizer Consumption
China NPK Fertilizer Production
China NPK Fertilizer Market
NPK Price changes China
Kingenta, Hubei Xinyangfeng Market Share
For more information on the research report, refer to below link:
https://www.kenresearch.com/agriculture-and-animal-care/crop-protection/china-
complex-fertilizer-market/143967-104.html
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