The global specialty fertilizers market size is expected to reach USD 58.98 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to rising demand for more effective fertilizers to maximize agricultural productivity and crop quality and yield, and to minimize environmental degradation and impact.
The Global Specialty Fertilizers market drivers and restraints Market report, released by Emergen research, provides the target audience with the key information pertaining to the global Specialty Fertilizers market drivers and restraints Market industry. We provide detailed product mapping and investigation of various market scenarios. Our expert analysts provide a thorough analysis and breakdown of the market presence of key market leaders. We strive to stay updated with the recent developments and follow the latest company news related to the industry players operating in the global Specialty Fertilizers market drivers and restraints market. This helps us to comprehensively analyse the individual standing of the companies as well as the competitive landscape. Our vendor landscape analysis offers a complete study to help you gain the upper hand in the competition.
Ability of controlled release fertilizers to deliver the required amount of nutrients to plants regardless of weather conditions is driving demand for controlled release fertilizers.
Lower application costs of controlled release fertilizers compared to water-soluble fertilizers is another factor contributing to its increasing utilization. The incorporation of controlled release fertilizer reduces labor costs, by eliminating the need to manually mix and monitor water-soluble fertilizers, and also reduces need for expensive injection equipment. Usage of controlled release fertilizers also eliminates chances of improper mixing of water-soluble fertilizer in the stock solution, which helps in enhancement of crop quality.
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The major companies Covered in the report are:
Nutrien, LTD., Yara International ASA, ICL Group Ltd., K+S AG, Sociedad Química y Minera de Chile (SQM), The Mosaic Company, EuroChem Group AG, CF Industries Holdings, Inc., Nufarm and OCI Nitrogen
Highlights of Global Specialty Fertilizers Market Report
- Examines the Specialty Fertilizers industry prospects and quickly compares historical, current, and projected market figures.
- This report examines growth constraints, market drivers and challenges, and current and prospective development prospects.
- Key market participants are evaluated based on various factors, including revenue share, price, regional growth, and product portfolio, to demonstrate how market shares have changed in the past and are expected to change in the future.
- Describes the expansion of the global high purity isobutylene market across various industries and geographies. This allows players to concentrate their efforts on regional markets with the potential for rapid growth shortly.
- Discuss the global, regional, and national ramifications of COVID-19.
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Segments Covered in this report are:
- Type Outlook (Revenue, USD Billion; 2018–2028)
- Micronutrient Fertilizers
- Slow Release Fertilizers
- Controlled Release Fertilizers
- Customized Fertilizers
- Water-soluble Fertilizers
- Others
- Crop type Outlook (Revenue, USD Billion; 2018–2028)
- Pulses and Oilseeds
- Grains and Cereals
- Commercial Crops
- Fruits and Vegetables
- Others
- Regional Outlook (Revenue, USD Billion; 2018–2028)
- North America
- U.S.
- Canada
- Mexico
- Germany
- France
- U.K.
- BENELUX
- Italy
- Spain
- Norway
- Switzerland
- Netherlands
- Rest of Europe
- China
- Japan
- South Korea
- India
- Australia
- Rest of APAC
- Brazil
- Rest of LATAM
- Saudi Arabia
- UAE
- Israel
- South Africa
- Rest of MEA
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The report also provides an extensive analysis of the key market elements, such as drivers, constraints, opportunities, limitations, threats, and micro and macro-economic factors. The exhaustive SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis included in the report are intended to help the reader tactfully formulate business growth strategies. Strategic recommendations for the established market players assist them in fortifying their financial positions in the market.
Geographical Scenario:
The global Specialty Fertilizers market has been categorized into several important geographical regions. In this section, authors of the report have studied the presence of the global Specialty Fertilizers market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Reasons for Doing This Study
This study provides critical information on the global market’s current size and projected growth for Specialty Fertilizers and its related industries. It also discusses geography’s market characteristics, significant suppliers, consumer preference trends, and market prospects. As many countries are in a recession, firms are attempting to weather the storm by limiting unanticipated losses and spending related to the Specialty Fertilizers market.
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