Global Complex Fertilizers Market Will Grow at a CAGR 6.9% and Reach USD 15.4 Billion by 2023, from USD 10.3 Billion in 2017

New Global Complex Fertilizers Consumption Market Report 2023 Report Covers market forecast and top Companies like Agrium Inc., CF Industries Holdings, Inc, Coromandel International Ltd., Eurochem Group AG, Haifa Chemicals Ltd. and others.

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Lewes, DE -- (SBWire) -- 02/26/2019 --Global Complex Fertilizers market will register a 6.9% CAGR in terms of revenue, reach US$ 15400 million by 2023, from US$ 10300 million in 2017.

This report covers the present scenario (with the base year being 2017) and the growth prospects of global Complex Fertilizers market for 2018-2023.

Complex fertilizers have better physical, chemical, and mechanical properties compared to regular fertilizers. They offer a wider variety of options and can be customized to satisfy demand in accordance with specific soil compositions. Complex fertilizers are nutrient specific. Thus, for supplying a particular nutrient, one can select a specific chemical fertilizer.

On the basis of form, the complex fertilizers market is segmented into solid and liquid fertilizers. The solid segment accounted for more than half of the total form market in 2016. Since it is a low-cost technique compared to the other techniques (such as fertigation), it is economical to use it on low-cost cereals such as wheat and corn, which are the major crop types dominating the complex fertilizers market.

It is estimated that in the next 20 years, the global demand for food and energy will increase by more than 50%; this rise in food demand calls for the use of fertilizers to help enhance agricultural productivity and increase yield, thus driving the market of complex fertilizers. The usage of complex fertilizers in horticulture crops is gradually increasing, as these crops have high demand across the world. Increase in environmental degradation and population is reducing the area of productive land under cultivation, giving rise to the development of fertilizer solutions to sustain this increasing demand for horticultural crops.

Over the next five years, study projects that Complex Fertilizers will register a 6.9% CAGR in terms of revenue, reach US$ 15400 million by 2023, from US$ 10300 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Complex Fertilizers market by product type, application, key manufacturers and key regions.

To calculate the market size, study considers value and volume generated from the sales of the following segments:

Segmentation by product type:
Incomplete
Complete

Segmentation by application:
Farm
Greenhouse

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Agrium Inc.
CF Industries Holdings, Inc
Coromandel International Ltd.
Eurochem Group AG
Haifa Chemicals Ltd.
Helena Chemical Company
Israel Chemicals Limited
Phosagro
Potash Corporation of Saskatchewan Inc.
Sociedad Química Y Minera De Chile SA
The Mosaic Company
Yara International ASA
Zuari Agro Chemicals Ltd.

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Complex Fertilizers consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Complex Fertilizers market by identifying its various subsegments.
Focuses on the key global Complex Fertilizers manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Complex Fertilizers with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Complex Fertilizers submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Spanning over 166 pages "Forecast of Global Complex Fertilizers Consumption Market Report 2023" report covers Scope of the Report, Executive Summary, Global Complex Fertilizers by Players, Complex Fertilizers by Regions, Market Drivers, Challenges and Trends, Marketing, Distributors and Customer, Global Complex Fertilizers Market Forecast, Key Players Analysis, Research Findings and Conclusion.

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