Water Soluble NPK Fertilizers Market, by Application (Foliar and Fertigation), by Crop Type (Field Crops, Horticultural Crops, Ornamentals, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, S

Water Soluble NPK Fertilizers Market, by Application (Foliar and Fertigation), by Crop Type (Field Crops, Horticultural Crops, Ornamentals, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

The global water soluble NPK fertilizers market is expected to exhibit a CAGR of 6.2% during the forecast period, owing to limited availability of arable lands. The forest areas have been turned into arable croplands to satisfy the demand of increasing population, which is directly associated to rapid urbanization of developing cities, large scale industrialization, and high energy demand. Furthermore, the previously arable lands have lost their fertility due to global climatic changes and exploitive farming methods. Moreover, the UN’s Food and Agriculture Organization (FAO) has estimated that emerging economies including China and India will require an excess of 120 million hectares of farmlands by 2030 to cater to food needs of their increasing population. Furthermore, in order to solve the demand for food, water-soluble NPK fertilizers would act as a key solution in helping farmers for maximizing their yield sustainably, accelerating the maturity of crops, and also maintaining the overall health of the plants, in spite of desertification of farmlands and degradation of soil quality.
Among regions, Asia Pacific is expected to be the fastest growing region during the forecast period (2022-2028). Investment inflows and subsidies from governments to the fertilizer industry are expected to increase product penetration in the region. For instance, the Government of India increased fertilizer subsidy allocation from US$ 9.83 million in 2018 to over US$ 11 million in 2021.
Key features of the study:
This report provides in-depth analysis of water soluble NPK fertilizers market, and provides market size (US$ Million and KT) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global water soluble NPK fertilizers market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Acron Group, Arab Potash Company, Compo Expert GmbH, Coromandel International Limited, Eurochem Group, Haifa Chemicals Ltd., Hebei Monband Water Soluble Fertilizer Co. Ltd., Indian Farmers Fertiliser Cooperative Limited, Israel Chemicals Limited, K+S Aktiegesellschaft, OMEX, PhosAgro Group, PT Petrokimia Gresik, Sichuan Guoguang Agrochemical, SQM S.A., The Mosaic Company, Uralchem Group, and Yara International ASA
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology upgradation, market expansion, and marketing tactics
The global water soluble NPK fertilizers market report caters to various stakeholders in this industry including investors, suppliers, water soluble NPK fertilizers manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global water soluble NPK fertilizers market
Detailed Segmentation:
Global Water Soluble NPK Fertilizers Market, By Application:
Foliar
Fertigation
Global Water Soluble NPK Fertilizers Market, By Crop Type:
Field Crops
Horticultural Crops
Ornamentals
Others
Global Water Soluble NPK Fertilizers Market, By Region:
North America
U.S.
By Application:
Foliar
Fertigation
By Crop Type:
Field Crops
Horticultural Crops
Ornamentals
Others
Canada
By Application:
Foliar
Fertigation
By Crop Type:
Field Crops
Horticultural Crops
Ornamentals
Others
Europe
U.K.
By Application:
Foliar
Fertigation
By Crop Type:
Field Crops
Horticultural Crops
Ornamentals
Others
Italy
By Application:
Foliar
Fertigation
By Crop Type:
Field Crops
Horticultural Crops
Ornamentals
Others
France
By Application:
Foliar
Fertigation
By Crop Type:
Field Crops
Horticultural Crops
Ornamentals
Others
Germany
By Application:
Foliar
Fertigation
By Crop Type:
Field Crops
Horticultural Crops
Ornamentals
Others
Spain
By Application:
Foliar
Fertigation
By Crop Type:
Field Crops
Horticultural Crops
Ornamentals
Others
Russia
By Application:
Foliar
Fertigation
By Crop Type:
Field Crops
Horticultural Crops
Ornamentals
Others
Rest of Europe
By Application:
Foliar
Fertigation
By Crop Type:
Field Crops
Horticultural Crops
Ornamentals
Others
Asia Pacific
China
By Application:
Foliar
Fertigation
By Crop Type:
Field Crops
Horticultural Crops
Ornamentals
Others
India
By Application:
Foliar
Fertigation
By Crop Type:
Field Crops
Horticultural Crops
Ornamentals
Others
Japan
By Application:
Foliar
Fertigation
By Crop Type:
Field Crops
Horticultural Crops
Ornamentals
Others
ASEAN
By Application:
Foliar
Fertigation
By Crop Type:
Field Crops
Horticultural Crops
Ornamentals
Others
Australia
By Application:
Foliar
Fertigation
By Crop Type:
Field Crops
Horticultural Crops
Ornamentals
Others
Rest of Asia Pacific
By Application:
Foliar
Fertigation
By Crop Type:
Field Crops
Horticultural Crops
Ornamentals
Others
Latin America
Brazil
By Application:
Foliar
Fertigation
By Crop Type:
Field Crops
Horticultural Crops
Ornamentals
Others
Argentina
By Application:
Foliar
Fertigation
By Crop Type:
Field Crops
Horticultural Crops
Ornamentals
Others
Mexico
By Application:
Foliar
Fertigation
By Crop Type:
Field Crops
Horticultural Crops
Ornamentals
Others
Rest of Latin America
By Application:
Foliar
Fertigation
By Crop Type:
Field Crops
Horticultural Crops
Ornamentals
Others
Middle East & Africa
Middle East
By Application:
Foliar
Fertigation
By Crop Type:
Field Crops
Horticultural Crops
Ornamentals
Others
Africa
By Application:
Foliar
Fertigation
By Crop Type:
Field Crops
Horticultural Crops
Ornamentals
Others
Company Profiles
Acron Group *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Arab Potash Company
Compo Expert GmbH
Coromandel International Limited
Eurochem Group
Haifa Chemicals Ltd.
Hebei Monband Water Soluble Fertilizer Co. Ltd.
Indian Farmers Fertiliser Cooperative Limited
Israel Chemicals Limited
K+S Aktiegesellschaft
OMEX
PhosAgro Group
PT Petrokimia Gresik
Sichuan Guoguang Agrochemical
SQM S.A.
The Mosaic Company
Uralchem Group
Yara International ASA
“*” marked represents similar segmentation in other categories in the respective section.