Nano Fertilizer Market Size - By Raw Material, By Method of Application, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Global Nano Fertilizer Market Overview
According to SPER Market Research, the Global Nano Fertilizer Market is estimated to reach USD 12.62 billion by 2032 with a CAGR of 15.05%. Nano fertilisers are a new type of fertiliser that uses nanotechnology to improve the efficiency and effectiveness of traditional fertilisers. These fertilisers are intended to improve nutrient absorption, crop yield, and reduce pollution. The global nano fertiliser market is still in its infancy, but it is expected to expand rapidly in the coming years. The increasing demand for food due to the growing population, the need for sustainable agriculture practises, and the benefits of nano fertilisers over traditional fertilisers are driving the growth of the nano fertiliser market.
Impact of COVID-19 on the Global Nano Fertilizer MarketThe COVID-19 pandemic had a wide variety of effects on the global nano fertilizer market. For starters, the pandemic has disrupted global supply chains, making it difficult for manufacturers to obtain the raw materials needed to produce nano fertilizers. As a result, there have been production and delivery delays, as well as increased costs for manufacturers. Second, the pandemic has had a significant impact on the agriculture industry, with many farmers experiencing reduced income and financial constraints as a result of the disease.
Scope of the Report:Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered
By Raw Material, By Method of Application, By Application
Regions covered Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
Companies Covered BASF SE, CF Industries Holdings Inc., China National Petroleum Corporation, Euro Chem, Fertilizers and Chemical Travancore Ltd., Hindustan Insecticide Limited, OCI Nitrogen, Petrobras, Qatar Fertiliser Company, SABIC, Yara International ASA
Global Nano Fertilizer Market Segmentation:
By Raw Material: Based on the Raw Material, Global Nano Fertilizer Market is segmented as; Carbon, Nitrogen, Silver, Zinc, Others.
By Method of Application: Based on the Method of Application, Global Nano Fertilizer Market is segmented as; Spray and Foliar, Foil.
By Application: Based on the Application, Global Nano Fertilizer Market is segmented as; Cereals and Grains, Fruits and Vegetables, Oils and Pulses, Others.
By Region: The Global Nano Fertilizer Market report covers Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the United Kingdom, and the United States. In previous year, North America had a revenue share dominating the market.