Water Soluble Fertilizers Market
REPORT DESCRIPTION
Water Soluble Fertilizers (Nitrogen, Potassium, Phosphate and Others)
Market For Fertigation and Foliar Applications - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019
The recent report published by Transparency Market Research, titled “Water Soluble Fertilizers Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”, studies the global
market for water soluble fertilizers from the perspective of the present trends seen in the agricultural sector.
According to the report, the global water soluble fertilizers market is likely to reach US$3.53 billion by 2019,
growing from US$2.44 billion in 2012 at a 5.6% CAGR.
Based on volume, the market stood at 9,433.0 kilo tons in 2012.Irrigation has played a key role in improving
agricultural production around the world. Globally, the demand for better agricultural yield has vastly increased,
which has brought about further improvement in existing irrigation technologies. The practice of fertilizer
application is developed to acknowledge this heightened need for sustainable agriculture.
Browse The Full Report at: http://www.transparencymarketresearch.com/water-solublefertilizers.html
The report identifies increasing adoption of micro irrigation systems as a primary growth driver for the global
market for water soluble fertilizers. The most common type of micro irrigation systems used during irrigation
are micro sprays and sprinklers and drip irrigation equipment. These are advanced systems that enable control
over the dispersion of water soluble fertilizers, thereby ensuring economical use of fertilizers, water, and
energy. Despite offering a spectrum of benefits, the global water soluble fertilizers market will suffer from the
adverse environmental effects of over-fertilization, such as contamination of groundwater, ocean dead zones,
and the resultant disturbance in ecological balance, as noted in the report.
Based on application, key segments of the water soluble fertilizers market comprise fertigation and foliar
technology. According to the report, in 2012, fertigation accounted for a whopping 70% of the global water
soluble fertilizers market. With regard to the nutrients used in water soluble fertilizers formulations, nitrogen
2
Transparency Market Research