Key companies covered are SQM, Nutrien Ltd., ICL, Yara International, Haifa Chemicals Limited, The Mosaic Company, EuroChem, Coromandel International, Qatar Fertilizer Company, COMPO EXPERT, among others.

Pune, July 15, 2020 (GLOBE NEWSWIRE) -- The global water soluble fertilizers market is expected to gain impetus from the increasing demand for specialty fertilizers to improve the production of high-quality crops. This information is given by Fortune Business Insights™ in a recently published report, titled, “Water Soluble Fertilizers Market Size, Share & Industry Analysis, By Type (Nitrogenous, Phosphatic, Potassic, and Others), By Application (Foliar and Fertigation), By Crop Type (Field Crop, Horticulture, Turf & Ornamentals, and Others), and Regional Forecasts, 2019 – 2026). The report further states that the water soluble fertilizers market size was USD 14.34 billion in 2018 and is projected to reach USD 23.09 billion by 2026, exhibiting a CAGR of 6.28% during the forecast period (2019-2026).

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Competitive Landscape-

Key Players Aim to Gain Competitive Edge by Launching Novel Water Soluble Fertilizers

The global market consists of several companies that are currently trying to develop state-of-the-art water soluble fertilizers to gain a competitive edge. They are also engaging in mergers and acquisitions to strengthen their positions.

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Fortune Business Insights™ lists out the names of all the water soluble fertilizers manufacturers operating in the global market. They are as follows:

• SQM
• Nutrien Ltd.
• ICL
• Yara International
• Haifa Chemicals Limited
• The Mosaic Company
• EuroChem
• Coromandel International
• Qatar Fertilizer Company
• COMPO EXPERT

This Report Answers the Following Questions:

• What are the market dynamics, drivers, and obstacles?
• Which company is set to dominate in terms of revenue?
• How will the market be affected in the coming years?
• Which segment is expected to lead the market?

Drivers & Restraints-

Rising Population across Developing Countries to Boost Growth

The demand for water soluble fertilizers is expected to surge in the coming years owing to the rapid growth of population in the developing economies worldwide. This has further raised concerns regarding the sufficiency of food available for the masses, as well as various food production solutions. Besides, the increasing cases of nutrient deficiency in crops and the reduction in arable land across several economies would contribute to the water soluble fertilizers market growth during the forthcoming years.

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Segment-

Horticulture Segment to Lead Backed by High Demand for Nutrition-rich Diet

Based on crop type, the market is divided into turf & ornamentals, horticulture, field crop, and others. Out of these, the field crop segment held 18.94% water soluble fertilizers market share in 2018. This growth is attributable to the rising demand for food owing to the increasing population. The horticulture segment is expected to lead the market backed by the high demand for nutrition-rich diets amongst the masses.

Regional Analysis-

Increasing Usage of Specialized Fertilizers to Favor Growth in Europe

Geographically, Europe generated USD 5.12 billion in terms of revenue in 2018. This growth is attributable to the rising usage of specialized fertilizers in countries, such as France, Spain, and Russia. Also, the increasing presence of water soluble fertilizers producers in this region, coupled with the changing climatic conditions would propel growth. Asia Pacific, on the other hand, is anticipated to showcase a higher CAGR in the near future owing to the increasing adoption of advanced technologies and crop nutrition products, especially in India and China. Limited supply of water and degrading land in this region are also expected to spur the demand for water soluble fertilizers.

Below are two of the key industry developments:

• January 2020: Gujarat Agro Industries Corporation (GAIC) introduced its latest imported water soluble fertilizers in Ahmedabad. It will be marketed and distributed under the company’s new brand named ‘Agro.’
• January 2018: Potash Corporation and Agrium Inc. successfully merged to develop a new company called Nutrien Ltd. It will help in strengthening their positions in the global market and provide customers with unique and high-tech agricultural solutions and products.

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Detailed Table of Content:

• Introduction
  • Research Scope
  • Market Segmentation
  • Research Methodology
  • Definitions and Assumptions
• Executive Summary
• Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Emerging Trends
• Key Insights
  • Overview of the Parent Market
    • Fertilizers Consumption Trend
    • Specialty Fertilizers Market Trend
  • Industry SWOT Analysis
  • Regulatory Framework for Water-Soluble Fertilizers
  • Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
• Global Water-Soluble Fertilizers Market Analysis, Insights and Forecast, 2015-2026
  • Key Findings / Summary
  • Market Size Estimates and Forecast 
    • By Type 
      • Nitrogenous
      • Phosphatic
      • Potassic
      • Others
    • By Application
      • Foliar
      • Fertigation
    • By Crop Type
      • Field Crop
      • Horticulture
      • Turf & Ornamentals
      • Others
    • By Region
      • North America
      • Europe
      • Asia Pacific
      • South America
      • Middle East & Africa

TOC Continued…!!!

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Have a Look at Related Research Insights:

Controlled release Fertilizers (CRF) Market Size, Share & Industry Analysis, By Type (Slow-release, Coated & Encapsulated, and Nitrogen Stabilizers), Application (Cereals, Oilseeds & Pulses, Fruits & Vegetables, & Others), and Regional Forecasts, 2019 – 2026

Specialty Fertilizers Market Size, Share & Industry Analysis, By Type (Controlled-release Fertilizers, Water-soluble Fertilizers, Agricultural Micronutrients, and Customized Fertilizers), Application Method (Soil, Foliar, and Fertigation), Crop Type (Cereals, Pulses & Oilseeds, Fruits & Vegetables, and Turf & Ornamentals), and Regional Forecasts, 2019 – 2026

BioFertilizers Market Size, Share and Industry Analysis By Type (Nitrogen Fixing, Phosphate Solubilizers, and Others), Microorganism (Rhizobium, Azotobacter, Azospirillum, Pseudomonas, Bacillus, VAM, and Others), Application (Seed Treatment, Soil Treatment, and Others), By Crop, and Regional Forecast, 2019-2026

Urea Fertilizers Market Size, Share & Industry Analysis, By Product Type (Conventional Urea Fertiliser, Specialty Urea Fertiliser)and Regional Forecast, 2019-2026

Coated Fertilizers Market Size, Share & Industry Analysis, By Type (Polymer-Coated Fertilizers, Sulfur-coated Fertilizers, Others), By Crop Type (Cereals, Oilseeds and Pulses, Turf and Ornaments, Fruits and Vegetables, Others) and Regional Forecast, 2020-2027

Organic Fertilizers Market Size, Share & Industry Analysis, By Source (Animal Origin, Plant Origin), By Form (Dry, Liquid), By Crop Type (Cereals, Pulses and Oilseeds, Fruits and Vegetables, Turf and Ornamental) and Regional Forecast, 2020-2027

Phosphatic Fertilizers Market Size, Share & Industry Analysis, By Type (Diammonium Phosphate, Monoammonium Phosphate, Single Superphosphate, Triple Superphosphate, and Others), By Crop Type (Cereals, Pulses & Oilseeds, Fruits & Vegetables, and Others), and Regional Forecast, 2019-2026

Nitrogenous Fertilizer Market Size, Share & Industry Analysis, By Type (Urea, Calcium Ammonium Nitrate, UAN, Ammonium Sulphate, and Other Nitrogenous Fertilizers), By Crop Type (Cereals, Pulses & Oilseeds, Fruits & Vegetables, and Turf & Ornamentals), and Regional Forecast, 2019 – 2026

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