World Water Soluble Fertilizer Market to Register Over 5% CAGR to 2021, States TechSci Research in Its New Report Available at MarketPublishers.com13 May 2016 • by Natalie Aster
LONDON – Worldwide, the water soluble fertilizer (WSF) market is anticipated to gather steam, registering a CAGR of over 5% in the next 5 years. The key drivers are the growing demand for cereal grains, reduced availability of agricultural land, depletion of ground water levels, in tandem with high productiveness and ease of use of water soluble fertilizers versus traditional chemical fertilizers.
Among the 4 major product types, nitrogenous WSFs are in greatest demand worldwide due to the surging need for improved yielding capacity alongside a hike in the demand for these fertilizers, specifically across developing economies.
In terms of geographies, Europe took the lead in the water soluble fertilizer universe, with North America and APAC trailing after.
The global water soluble fertilizer industry is characterised by increased consolidation, with few leading players like Coromandel International Ltd., Haifa Chemicals Ltd., Agrium Inc. and Yara International capturing the lion’s market share.
New cutting-edge report “Global Water Soluble Fertilizers Market” drawn up by TechSci Research offers a shrewd examination of the global water soluble fertilizer sector. The study includes insights into the product, covering installed capacity and current production. It further considers the marketplace on a global level, providing market size estimates (by volume and value), market shares (by type, grade, composition, structure, application, crop, region, company, and sales channel), BPS analysis by various segments, and an analysis of the market attractiveness segment-wise. The study contains a detailed analysis of the regional markets across the major parametres, concentrating on the major countries. The report scrutinises the market dynamics elucidating key restrains and drivers, trends & developments, besides presenting a granular price analysis. An insightful review of the 20 leading players is provided, as is the outlook for the sector up to 2021.
More cutting-edge studies by this publisher are available at TechSci Research page.