Global Specialty Fertilizers Market is expected to reach $24.07 billion by 2022
According to Acute Market Reports, the Global Specialty Fertilizers Market is expected to reach $13.86 billion in 2015 and is estimated to reach $24.07 billion by 2022, at a CAGR of 8.2% during the forecast period. The plant releases nutrient and ammonia due to evaporation, which considerably multiply the risk of environmental pollution, in order to stop this Speciality fertilizers are used. The growing demand for food and decreasing land are creating challenges for farmers, in order to increase yield per capita they are opting for speciality fertilizers which in turn is fuelling the market growth. High cost of fertilizers and limited storage capacity are restraining the market growth.
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Cereals segment among the crop types is estimated to be the fastest growing because of global demand for cereals, which is followed by oilseeds and commercial crops. North America is accounted for the largest share of the Global Specialty fertilizers market, but Asia pacific will be the emerging market led by the dependency of people on agriculture.
Some of the key players in market include Atlantic Gold Inc., Behn Meyer Group., Agrium Inc., Haifa Chemicals Ltd., Israel Chemicals Ltd., Potash Corporation of Saskatchewan, Inc., Sinochem Group, Sociedad Quimica y Minera S.A., Tessenderlo Group, The Mosaic Company and Eurochem .
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Crop Types Covered:
Commercial crops
Fruits & Vegetables
Cereals
Turf & Ornamentals
Oilseeds
Other Crop Types
Fertilizers Type Covered:
Ammonium Nitrate
Granular N and P fertilizers (GNP)
Monopotassium Phosphate (MKP)
Phosphoric Acid
Granular N, P and K fertilizers (GNPK)
Potassium Chloride
Potassium Sulfate
UAN (30%)
Urea
Potasasium Nitrate
Monoammonium Phosphate (MAP)
Granular P and K fertilizers (GPK)
Other Fertilizer Type
Applications Covered:
Horticulture
Fertigation
Foliar Nutrition
Aquaculture
Hydroponics
Other Applications
Regions Covered:
North America
o US
o Canada
o Mexico
Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
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Contact Details:
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Pramod Parmar | Acute Market Reports
Email Id: pramod@acutemarketreports.com
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