Data Bridge Market Research analyses that the liquid fertilizers market will project a compound annual growth rate (CAGR) of 3.85% during the forecast period of 2022-2029 and is likely to reach 3.55 Billion in 2029.
Liquid fertilizers are laid into the soil to a precise depth (to avoid ammonia loss) by trailer or tractor- machines with plows or cultivators.
The improved food security is the major factor accelerating the growth of the liquid fertilizers market. Furthermore, increasing demand for liquid fertilizers among population and growing shift towards natural growth promoters and growth in demand for enhanced high-efficiency fertilizers are also expected to drive the growth of the liquid fertilizers market. However, contribution of liquid fertilizers to the overall yield and food security restrains the liquid fertilizers market, whereas, increase in choice over environmental degradation, ups and downs and high handling costs will challenge market growth.
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Some of the major players operating in the liquid fertilizers market report are Nutrien, Ltd., Yara, ICL, K+S Aktiengesellschaft, SQM SA, The Mosaic Company, and EuroChem Group, Yara International ASA, Agrium Inc, Ptashcrop Corportation Of Sackatchewan Inc, EuroChem Group, (MOS), JSC Belaruskali, HELM AG, ICL-group ltd, Borealis AG, Sinofert holding limited, K+S Aktiengesellschaft, PhosAgro Group of Companies, Haifa Negev technologies LTD, DFPCL, HELM AG AgroLiquid, ARTAL SMART AGRICULTURE and Plant Food Company, Inc., Seksaria Foundries Limited, Nexus Cast.and Sneh Precast Products among other.
Scope of the Liquid Fertilizers Market Report:
The liquid fertilizers market is segmented on the basis of category, type, crop type, mode of application compounds. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on type, the market has been segmented into nitrogen, phosphorus, potash and micronutrients
- Based on category, the market has been segmented into organic and synthetic)
- Based on mode of application, the market has been segmented into soil, foliar, fertigation and others
- On the basis of crop type, the market is segmented into cereals grains, fruits vegetables, oilseeds pulses and others.
- On the basis of compounds, the market is segmented into CAN, UAN, MAP, DAP, and potassium nitrate.
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Liquid Fertilizers Market Regional Analysis/Insights
The Liquid Fertilizers market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Liquid Fertilizers market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Liquid Fertilizers within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Liquid Fertilizers market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.
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