Portland, OR -- (SBWIRE) -- 06/13/2017 -- Water-soluble fertilizer is a multi-compound fertilizer that can be dissolved in water, more easily absorbed by crops, its absorption and utilization is relatively high as compared to conventional chemical fertilizers. The fixed amount of nutrient available to the plants can be easily provided by the help of this fertilizer. The technology of this fertilizer is best suited for modern irrigation system. In addition to that, it also prevents ground water contamination. These above technological advancements differentiate water soluble fertilizers from the conventional chemical fertilizers. The usage of water-soluble fertilizer application is simple. As it is well suited in advanced irrigation technology, it not only saves water and fertilizer, but also saves labor cost. Furthermore, water-soluble fertilizer has fewer impurities, has low conductivity compared to chemical fertilizers and fertilizer concentration is easier to adjust. It is also a safe chemical option for young seedlings .
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This market is an emerging field of global fertilizer market. This analysis gives an overall view on global water soluble market, which is growing rapidly due to the rising demand for micro irrigation systems. Its driving and restraining factors are strategically dealt and more emphasis is given towards its wide opportunity in agrarian countries. The global market is analyzed using Porter's five force model which assists the stakeholders to understand the bargaining power of buyer as water soluble fertilizer is highly price sensitive.
The key players dominating the mentioned market are Agrium Inc., Israel Chemical, Lowa Fertilizer, Qatar Fertilizer, Yara International, Sinochem Fertilizer Co. Ltd., Everris International B.V., Hebei Monband water Soluble Fertilizer Co. Ltd. Sinochem Fertilizer Co Ltd, with the help of the ministry of agriculture, China, is implementing the plans of cooperative scientific fertilizer application.
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The global Water Soluble market is segmented based on product, end user application and geography
MARKET BY PRODUCT TYPE:
-Nitrogen Water Soluble Fertilizers
-Phosphatic Water Soluble Fertilizers
-Potassic Water Soluble Fertilizers
-Other Water Soluble Fertilizers
MARKET BY END USER APPLICATION:
MARKET BY GEOGRAPHY:
-Rest of the world