Water Soluble Fertilizers Market Projected to Hit 15.30 Billion USD by 2020

The global water-soluble fertilizers market, in terms of value, is projected to reach USD 15.30 Billion in 2020, at a CAGR of 5.6% from 2015 to 2020. In terms of volume, global water-soluble market is estimated at 13.08 Million tons in 2014 and is projected to reach 16.99 Million tons by 2020 at a CAGR of 4.4%, The changing nature of the water-soluble fertilizers industry following the entry of large firms have been the subject of much debate. The entry of large multinational firms in the industry drives the European and North American market.


Pune, India -- (SBWIRE) -- 09/30/2015 -- The report "Water-soluble Fertilizers Market by Type (Nitrogenous, Phosphatic, Potassic, and Micronutrients), by Application (Fertigation and Foliar Application), by Crop Type (Field, Horticultural, and Turf & Ornamentals) & by Region - Global Trends and Forecast to 2020" defines and segments the global water-soluble fertilizers market with analysis of current demand and forecasted consumption in terms of volume (KT) and value (USD Million). It also identifies the driving and restraining factors for the global water-soluble fertilizers market with analysis of trends, opportunities, and challenges. The market is segmented on the basis of type, crop type, application, and region. The market is segmented, and market size by value and volumes are forecasted for the major regions such as North America, Europe, Asia-Pacific, and the Rest of the World (RoW).
Browse 107 tables and 59 figures spread through 191 pages and in-depth TOC on "Water-soluble Fertilizers Market - Global Trends and Forecast to 2020"

Ask of Brief Illustration of this Report

Early buyers will receive 10% customization on this report.

The water-soluble fertilizers market is considered to be one of the most important segments of agri-inputs, due to the expanding commercial cultivation of high value crops to meet the rising demand for food. Water-soluble fertilizers improve the returns on investment and also aid in meeting farmers' as well as consumers' demands, from the economical and health perspective, with increasing per hectare production of quality agricultural products.

Request for Sample of this Report

The adoption of new technologies that increases crop production through the optimal use of scarce resources such as land, water, and fertilizers is increasing in the field of agriculture. A water-soluble fertilizer is specifically designed to be used in fertigation systems, which include sprinkler and drip irrigation systems. The high growth potential in emerging markets and untapped regions provides new growth opportunities for market players. The growth of this market is driven by the increasing demand for superior quality fertilizers which are balanced and nutritive.

The global market for water-soluble fertilizers was valued at USD 11.05 Billion in 2014 and is projected to reach USD 15.30 Billion by 2020, at a CAGR of 5.6% from 2015 to 2020. Europe dominated the market with a share of around 41%. The Asia-Pacific region is expected to be the fastest-growing market in the near future, due to the growing concentration of farmers towards technology-driven agriculture practices, such as the use of irrigation systems.

In 2014, fertigation accounted for the largest market share in the application segment by which nutrients are made available to the plants by application at rhizosphere level. The market for water-soluble fertilizers is being driven by increasing awareness among the farmers across developing nations with technology driven farm practices.

High value crops such as fruits and vegetables and protected cultivation of crops are driving the demand for the water-soluble fertilizers market. Increase in protected cultivation of crops has been attracting growers across the globe as it offers handful returns on investment. A number of growers have ventured into the greenhouse system of agriculture production industry for higher rates of return for their products. The use of fertilizers is highly seasonal and improved, protected crop production is driving the demand for fertilizer products, especially water-soluble fertilizers.

Major players such as Agrium Inc. (Canada), Israel Chemical Ltd. (Israel), The Mosaic Company (U.S.), Coromandel International Ltd. (India), Haifa Chemicals Ltd. (Israel), and Yara International ASA (Norway) accounted for more than 70% of the global water-soluble fertilizers market (by developments). Agreements, partnerships, and joint ventures & collaborations were the most preferred growth strategies in the water-soluble fertilizers market.

About MarketsandMarkets
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India