Dallas, TX -- (SBWIRE) -- 02/11/2014 -- The report “Water Soluble Fertilizers Market by Types (Nitrogenous, Phosphatic, Potassic, Micronutrients), Applications, (Fertigation, Foliar Application), Crop Types (Field, Horticultural, Turf & Ornamentals) & Geography - Trends & Forecasts to 2018” defines and segments the global water-soluble fertilizers market with analysis and forecasting of the global volume and revenue for the water-soluble fertilizers. It also identifies the driving and restraining factors for the global market with analysis of trends, opportunities, burning issues, winning imperatives, and challenges. The market is segmented and revenue is forecasted on the basis of major regions such as North America, Europe, Asia-Pacific, and Rest of the World (ROW). The key countries are covered and forecasts for each region. Further, the market is segmented and revenue is forecast on the basis of type, crop type, application, and geography.
Browse 112 market data tables and 14 figures spread through 290 pages and in-depth TOC on “Water Soluble Fertilizers Market”
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The global market for water-soluble fertilizers in terms of revenue was estimated to be worth around $10,758.7 million in 2012 and is expected to reach $ 14,709.4 million by 2018, growing at a CAGR of 5.3% from 2013 to 2018.
The global water-soluble fertilizers market is dominated by Europe contributing around 40.0% of the global market in 2012. Russia, Spain, and Ukraine led the market in Europe. North America is the second largest market for water-soluble fertilizers, it held around 31.8% share in 2012. Asia-Pacific market held just 16.1% market share in 2012 but it is the fastest growing region in the world. China, India, Israel, Australia, and Malaysia are the key countries in Asia-Pacific region.
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In order to capitalize on the growth trend in the global water-soluble fertilizers market, several leading companies are rushing in to the development and manufacturing of water-soluble fertilizers. The growing demand for water-soluble fertilizers is forcing the fertilizers’ manufacturers to increase water-soluble fertilizers product offerings. Agrium Inc. (Canada), Israel Chemical Ltd. (Israel), and Yara International ASA (Norway) are the leading companies for water-soluble fertilizers market development. The key players are expanding their presence worldwide and focusing on the developing countries. The mergers & acquisitions, agreements, partnerships, collaborations, and joint ventures are leading strategies followed by most of the players and contribute for 75.0% of the developments in the global water-soluble fertilizers market. The utilization of water-soluble fertilizers is led by horticulture crops that accounted for 45.6% of the total application in 2012.
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