Market Data Forecast

The Europe Water Soluble Fertilizers Market to Reach USD 1.4 Billion by 2022

The Europe market has been geographically segmented into Germany, U.K, France, Spain, and Italy. France being the biggest market in this region for WSF, followed by Italy and U.K.

 

Hyderabad, India -- (SBWIRE) -- 03/13/2018 -- Water-Soluble Fertilizers (WSF) are promptly dissolved in water. Being solvent in water, they discharge supplements to the foundations of the plants through the procedure of osmosis. These supplements consumed are then exchanged to different parts of plants, leaves, stems and so on where they are utilized as a part of plant's component.

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The Europe water soluble fertilizers market was estimated to be at a market value of USD 1,132.8 Million in 2016 and is projected to rise at a CAGR 4.97% to reach USD 1,499.5 Million by 2022.
Ascend in the requirement for food for the rising populace and increasing instances of underwhelming crop yield due to lack of fertility, acceptance of new age agricultural practices have been of significance to the development of the worldwide water-soluble fertilizers market, mainly including Europe.

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Water-dissolvable composts are utilized for brilliant product yield to meet the expanding populace and their demand for food. As a result, water-solvent manures will be seen as a business opportunity in the upcoming years. Accordingly, numerous multinational players have gone into the generation of different sorts of water-dissolvable composts, which can be utilized for horticultural crops.
Geographically, the market is categorized into Germany, U.K, Spain, Italy and France. Germany is accounted for the major market share owing to the support from the government.

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Some of the key players of water soluble fertilizers market are PR Agro Nutri Private Ltd. CF Industries, The Mosaic Company, Israel Chemicas, Eurochem, Terra Nitrogen Company, PT Petrokimia Gresik, Sinofert Holdings, Americas Petrogas and Sirius Minerals.

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