The European Fertigation and Chemigation is expected to grow at a CAGR of 5.97% and reach USD 14.13 billion in 2021 from USD 10.57 billion in 2016
Hyderabad, India -- (SBWIRE) -- 03/02/2018 -- Accurate dosing of chemicals is a crucial part of production processes in many businesses. From drinking water and wastewater treatment to industrial processing within the pharmaceutical, chemical, and food & beverage industries, giving precisely the correct amount of chemicals is very important so as to achieve process targets, and so as to lower operation prices while guaranteeing process safety and dependability. Fertigation related to chemigation is a method of introducing chemicals into the irrigation system.
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The European Fertigation and Chemigation market is predicted to grow at a CAGR of 5.97% and reach USD 14.13 billion in 2021 from USD 10.57 billion in 2016. Factors like raised crop production and protection against drought-like situations act as the main drivers of the extension of market.
Increase in the population demand for healthy food merchandise, growing need for nutrient demand for plants, increase in nutrients leaching, and demand for quality and yield of crops are being anticipated to fuel the fertigation and chemigation market. Moreover, increase within the adoption of newer agriculture practices, decrease in labor cost with fertigation method, and reduction in time and water for farming are additionally expected to propel the overall market during the forecast period.
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The fertigation and chemigation market continues to grow because of high demand in most of the countries and aggravating market opportunities. The market players are responding to those new opportunities by increasing their international presence and merchandise lines. Fertigation and chemigation also entails slow application of nutrients & water on, or below the soil by surface drip, subsurface drip, bubbler, and micro-sprinkler systems. Wherever labor is scarce and high-priced or wherever medium-to-large areas ought to be irrigated precisely and regularly with minimum waste of your time and water, it is better to invest in fertigation and chemigation processes.
By geography, the Europe market studies under UK, Spain, Germany, France and other countries. Factors like raised crop production and protection against drought-like situations in the agriculture-based countries of the region act as main drivers behind the market growth.
The major market players in the market are EPC Industrie Limited, Nelson Irrigation Corporation, Jain Irrigation Systems Ltd., Valmont Industries Inc., Lindsay Corporation, Rain Bird Corporation, Netafim, T-L Irrigation Co, The Toro Company, and Rivulis Irrigation.
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