Global Chelate Fertilizers Market Growth 2023-2029
The word chelate is derived from the Greek word chelé, which refers to a lobster's claw. Hence, chelate refers to the pincer-like way in which a metal nutrient ion is encircled by the larger organic molecule (the claw), usually called a ligand or chelator. Chelated micro-nutrients are protected from oxidation, precipitation, and immobilization in certain conditions because the organic molecule (the ligand) can combine and form a ring encircling the micro-nutrient. The pincer-like way the micro-nutrient is bonded to the ligand changes the micro-nutrient's surface property and favors the uptake efficiency of foliarly applied micro-nutrients.
LPI (LP Information)' newest research report, the “Chelate Fertilizers Industry Forecast” looks at past sales and reviews total world Chelate Fertilizers sales in 2022, providing a comprehensive analysis by region and market sector of projected Chelate Fertilizers sales for 2023 through 2029. With Chelate Fertilizers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Chelate Fertilizers industry.
This Insight Report provides a comprehensive analysis of the global Chelate Fertilizers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Chelate Fertilizers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Chelate Fertilizers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Chelate Fertilizers and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Chelate Fertilizers.
The global Chelate Fertilizers market size is projected to grow from US$ 1302.7 million in 2022 to US$ 1660.5 million in 2029; it is expected to grow at a CAGR of 1660.5 from 2023 to 2029.
Chelate fertilizer are fertilizers using chelated metal ions to provide micro-nutrients for plants. It contains metal ions such as iron, copper, zinc, etc. Without those micro-nutrients, plants will grow slower ad weaker. Chelate fertilizer need to be dissolved into water then applied to the plants.
The mostly used chelate fertilizer is iron chelate fertilizer. Iron chelate fertilize took 48% of the market by production. Iron is the most important micro-nutrient for plants because chlorophyll requires iron ion to be synthesis. However, the market share of combine mixture and other chelate fertilizer are increasing for farmers have realized the importance of micro-nutrients.Chelate fertilizer are used for crops the most. 88% of the chelate fertilizer are used for crops by production. Farmers use chelate fertilizers to replenish micro-nutrients for their crops in order to improve the yield.
This report presents a comprehensive overview, market shares, and growth opportunities of Chelate Fertilizers market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Iron
Combined Mixture
Others
Segmentation by application
Crops
Turf
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BASF
Yara International
ICL Specialty Fertilizers
Nufarm
Haifa Group
Aries Agro
Nouryon
Andersons Plant Nutrient Group
Van Iperen International
ATP Nutrition
Manvert
BMS Micro-Nutrients
Protex International
Compo Expert
Agmin Chelates
Valagro
Deretil Agronutritional
Key Questions Addressed in this Report
What is the 10-year outlook for the global Chelate Fertilizers market?
What factors are driving Chelate Fertilizers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Chelate Fertilizers market opportunities vary by end market size?
How does Chelate Fertilizers break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook