Report

Global Liquid Fertilizers Market by Type (Nitrogen, Phosphorus, Potassium, Micronutrients), by Application (Soil, Foliar, Fertigation), by Major Compounds (CAN, UAN, MAP, DAP, Potassium Nitrate), and Regional Forecasts 2021-2027

  • Publish Date: Mar,2022
  • Report ID: QI037
  • Page : 250
  • Report Type : PDF (Email)
Global Liquid Fertilizers Market to reach USD 3.24 Billion by 2027.Global Liquid Fertilizers Market is valued approximately at USD 2.4 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.4% over the forecast period 2021-2027. Liquid fertilizers are fluids containing plant nutrients used to improve the quality and quantity of plant growth. Liquid fertilizers provide the right amount of nutrients to the plant at the required time. This helps in reducing the negative impact; these advantages help drive the market. Rapid rise in demand for high-efficiency fertilizers, ease of use and application are also major driving factors for the market. But limited supplies of liquid fertilizers, logistics issues and excessive handling costs are some restraining factors for the market. Moreover, lack of awareness among farmers regarding proper usage of liquid fertilizers is a major restraining factor for the market. The surge in demand of food requirements can be fulfilled with high agricultural output which automatically increases the demand for liquid fertilizers and thus giving market the opportunities to grow in the forecasted period. Investments by governments and private players, increasing research and development activities are also giving market the opportunities. For instance the Tamil Nadu state government promoted liquid fertilizer, supplying it to the farmers of six Delta districts of Tamil Nadu for raising paddy cultivation in 1 Lakh acres under the Kuruvai special package scheme is expected to popularize the usage of liquid bio-fertilizer.

The key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World are considered for the regional analysis of global Liquid Fertilizers market. Asia Pacific is the largest market with a total share of 38.4% in the global market because of factors such as rising concern over the current pattern of liquid fertilizer use, heavy reliance on nitrogenous liquid fertilizer. China holds the largest share in the region with a total share of 46.5%, while Australia is expected to witness the fastest growth. Moreover, the demand for liquid fertilizer is rising rapidly in Latin America.
Major market player included in this report are

Agrium Inc.
Yara International ASA
Israel Chemical Ltd. (ICL)
K+S Aktiengesellschaft
Kugler Company
Haifa Chemicals Ltd.
AgroLiquid
Plant Food Company, Inc.
Compo Expert GmbH
Rural Liquid

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Nitrogen
Phosphorus
Potassium
Micronutrients
By Application:
Soil
Foliar
Fertigation
By Major Compounds:
CAN
UAN
MAP
DAP
Potassium Nitrate

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Liquid Fertilizers Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors