Global Fertilizer Injection Pumps Market - 2022-2029

Global Fertilizer Injection Pumps Market - 2022-2029

Market Overview

The global fertilizer injection pumps market valued USD xx million in 2021 and is forecast to reach USD xx million by 2029, growing at a CAGR of xx% during the forecast period (2022-2029).

Fertilizer injection pumps are devices used to apply water-soluble fertilizers, pesticides, plant growth regulators, wetting agents, and mineral acids during crop production. They are a vital part of modern greenhouse or nursery operations. After introduction of injectors or proportioners, growers have enjoyed a less time and labor-saving method of applying liquid chemical solutions to their crops. Fertilizer injection pumps help provide the right quantity of fertilizers to the plants, which is helpful for the growth and improves the nutritional value of the entire crop. Fertilizer injection pumps are installed with controllers and sensors that can regulate the frequency and volume of application, which are widely used to inject all types of fertilizers in the agricultural sector.

Market Dynamics:

Increasing importance of fertilizer application is expected to fuel fertilizer injection pumps demand

Fertilizer injection pumps market is projected to grow steadily from 2022 to 2029 because of the demand for efficient deployment of fertilizers in all types of cultivation. With limited cultivable land and an increasing world population, the importance of the application of fertilizer has grown significantly. Fertilizer injection pumps help provide the optimum volume of healthy nutrients to the crops, thus protecting against the wasteful application, which is harmful to the environment and humans. According to the food and agriculture organization (FAO), world consumption of the three main fertilizer nutrients, nitrogen (N), phosphorus expressed as phosphate (P2O5), and potassium expressed as potash (K2O). As per the FAO, the global fertilizer demand increased. In 2020, nitrogen fertilizer demand is 118.7 million tonnes, phosphate fertilizer is 45.8 million tonnes, and potash fertilizer is 37 million tonnes. Increase in the fertilizer's global capacity is expected to increase the production of fertilizer and raw materials.

Moreover, the computer controller fertilizer injection pumps are used in a wide range of models supporting field crops, orchards, vegetables, horticulture, greenhouses, gardening, golf courses, and municipal landscaping, with the system giving accurate output and reducing the excessive use of fertilizers. The way of distribution fertilizers through fertilizer injection pumps in the irrigation system reduces costs and excess human contact with the type of fertilizers that may be harmful to health.

Market Segmentation:

Agriculture segment held highest market revenue share of xx% in the year 2021

Based on the application, agriculture held the largest share as of 2021. Fertilizer injection pumps find extensive applications across the agriculture sector. Agriculture is an integral part of the world's economy, mainly for developing countries. It is the primary source of employment, income, and food, and these basic needs are fulfilled by agriculture worldwide. For instance, agriculture is the primary source of livelihood for about 58% of India's population. Gross Value Added by agriculture, forestry, and fishing was estimated at Rs. 19.48 lakh crore (US$ 276.37 billion) in FY20. Fertilizer injection pumps products play a crucial role in fertilization in the agricultural field, decreasing the labor work and increasing productivity. In current years, computer sensor techniques have achieved significant attention in agriculture. It is applied in agriculture to plan several activities and missions properly by utilizing limited resources with minor human interference. Plant cultivation using new agriculture methods is very popular among the growers. Computer controller sensors help apply fertilizers in a very effective manner.

Geographical Penetration:

Asia Pacific is expected to dominate the global fertilizer injection pumps market in the year 2021

By geography, Asia Pacific is expected to dominate the global fertilizer injection pumps market in 2021, growing with a CAGR of xx% during the forecast period. According to be United Nations Population Fund (UNFPA), Asia Pacific region has nearly 60% of the world’s population and accounts for the large-scale cultivation of crops for self-sustenance and exports. Moreover, a large part of the population involved in agriculture in this region still use traditional farming methods and traditional fertilizer distribution practices in farmlands, which creates higher scope for better penetration of mechanized practices such as fertilizer injection pumps.

Also, manufacturers of fertilizer injection pumps can capitalize on the increasingly stringent safety regulations in Europe and North America, which are also key markets for fertilizer injection pumps with much more mechanized and developed irrigation systems. China, India, the US, the and UK are some of the key countries for the demand growth of fertilizer injection pumps market.

Competitive Landscape:

Key players in Global Fertilizer Injection Pumps Market include, Agri-Inject Inc., CDS-John Blue Company, Morrill Industries, Inc, Inject-O-Meter, Sam Turbo Industry Private Limited, H.E. Anderson Co., Milton Roy, Zwart Systems, Finolex Plasson Industries Pvt. Ltd., Amiad Corp. and Netafim USA. The key players operating in the global fertilizer injection pumps market are heavily investing in research and development activities to innovate novel products and expand their product portfolio. Agri-Inject, Inc., is a USA-based company specializing in manufacturing chemical injection and fluid application solutions for agricultural, industrial, municipal, and residential use. Sentinel fertigation is a technology company that has developed a platform to quantify nitrogen status in crops to anticipate fertigation needs and has announced a strategic partnership with Agri-Inject. This technology enables wireless transfer of application prescriptions and data quantifying crop productivity and machinery operations. Agri-inject is taking the lead in bringing this technology to chemigation through its connected injection pump systems.

In September 2018, Agri-inject has released its new ReflexCONNECT to put fluid injection at the operator’s fingertips. ReflexCONNECT includes a remote control, real-time monitoring and alerts, and detailed charts and reports, all available through the web interface on any smart device. Producers can operate monitor fluid injection with their cell phones or tablets.

COVID-19 Impact:

Negative impact on the global fertilizer injection pumps market

COVID-19 pandemic has negatively impacted the global fertilizer injection pumps market. During a pandemic, travels ban imposed by government bodies across the globe resulted in disruption of the supply chain of fertilizer injection pumps. Additionally, the imposition of lockdown resulted in a temporary shutdown of the manufacturing warehouse, hampering the demand for equipment. Also, most of the companies' new launch products stepped backward due to closing the R&D. Moreover, consumer demand has also subsequently reduced as individuals are now keener on eliminating non-essential expenses from their respective budgets as the general economic status of most individuals has been severely affected by this outbreak. However, as respective governing authorities begin to lift enforced lockdowns, the global fertilizer injection pumps market is expected to recover accordingly.

Why Purchase the Report?

Understand the current market scenario and viability of global fertilizer injection pumps over the forecast period

Visualize the composition of the global fertilizer injection pumps market in terms of actuation type, injection type and application to identify major players, growth potential, and market strategies

Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period

Understand the key business factors such as market competition, product pricing, new product developments, and patent filings pertaining in the market

What we offer?

Pdf report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study

Excel data sheet with valuable data points of the global fertilizer injection pumps market – Regional and Country level segmentation

Product mapping in excel for the key products of all major market players

Market share analysis covering business revenues ($) and revenue share (%) of key market players

The global fertilizer injection pumps market report would provide an access to approximately 53 market data tables, 41figures, and 180 pages

Target Audience:

Fertilizer Injection Pumps Manufacturers

Agrochemicals Manufacturers

Farming Communities

Education & Research Institutes

Research Professionals