[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Specialty Fertilizers Market by Technology (Controlled-release Fertilizers, Micronutrients, Water Soluble Fertilizers, and Liquid Fertilizers), Form (Dry and Liquid), Application Method, Type, Crop Type and Region - Global Forecast to 2027

November 2022 | 324 pages | ID: S0BFCE1B1C9EN
MarketsandMarkets

US$ 3,465.00 US$ 4,950.00 -30 %
Offer valid until March 31, 2024!

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
According to MarketsandMarkets, the global specialty fertilizers market size is estimated to be valued at USD 24.3 billion in 2022 and is projected to reach USD 33.7 billion by 2027, recording a CAGR of 6.8% in terms of value. As per the Gulf Petrochemicals & Chemicals Association (GPCA), specialty fertilizers are a fast-growing and diverse group of products with different characteristics containing essential primary, secondary, or micro-nutrients. Specialty fertilizers are designed to yield higher efficiency. They are meant for slow or controlled release and aim to enhance nutrient use efficiency, reduce costs, and minimize risk to the environment. The market for specialty fertilizers has seen significant growth due to the comparatively lower effectiveness of conventional fertilizers and the need to boost crop productivity.

“Asia Pacific is estimated to retain its dominance as the leading market for specialty fertilizers.”

The Asia Pacific region retains its dominance as the leading market for specialty fertilizers. The Asia Pacific held 40.5% of the global specialty fertilizers market in 2021. This regional segment includes China, India, Japan, Australia & New Zealand, Vietnam, and the Rest of Asia Pacific. These key countries that play an important role in the agriculture sector. Cotton, sugar crops, fruits & vegetables, and cereals are the leading agricultural commodities exported from these countries. The APAC is one of the largest markets for fertigation due to its large agriculture and irrigation area. According to FAOSTAT, the total area of land equipped for irrigation in the Asia Pacific was 1,669 million ha in 2020, which was ~36% of the global area of land equipped for irrigation. The demand for controlled-release fertilizers has been growing in this region due to the increasing investment of overseas business lines in agricultural inputs to meet the demand of crop growers to attain export quality. Additionally, the regulations for specialty fertilizers are favorable in this region. China accounts for the largest share in the Asia Pacific specialty fertilizers market due to the increasing investments by several multinational manufacturers in research & development.

“The Water Soluble Fertilizers is gaining rapid popularity in the specialty fertilizers market across the globe.”

Water-soluble fertilizers improve the health of crops and plants and are more efficient than conventional fertilizers. Their efficiency in fertilization is a major factor driving demand. These fertilizers possess high solubility, which enables the user to apply them to the soil and leaves. Adequate and appropriate foliar application of water-soluble fertilizers can reduce the use of fertilizers by up to 15–25%. Due to their high solubility, water-soluble fertilizers can also be applied to fruit crops without the danger of residue during harvest.

The growing demand for fertigation as a mode of application, supported by the increasing adoption of micro-irrigation systems, is expected to fuel the demand for water-soluble fertilizers. Additionally, the increasing demand for better yields, decreasing arable land, increasing cost of fertilizers, ease of application, innovative production practices, product offerings, increased availability, and the advent of microirrigation and mechanized irrigation systems are expected to fuel the demand for water-soluble fertilizers.

“Sulfate of potash provides best source of potassium and sulfur in crops

Sulfate of potash (also known as arcanite, or archaically known as potash of sulfur) is a white crystalline, non-flammable salt soluble in water. It is a high-potassium, low-chloride fertilizer that provides essential nutrients that help plants resist disease and pests, ensure longer shelf life, and produce tastier and more appealing produce without the excess chloride that can harm crops.

Potassium sulfate is an excellent source of nutrition for plants. It also supplies a valuable source of sulfur. Sulfur is required for protein synthesis and enzyme functioning. There are certain soils and crops where the addition of chlorine is avoided. In these cases, potassium sulfate makes a very suitable potassium source. MOP contains a significant amount of chloride. While this is preferable for some crops, it can be harmful to others, such as fruits, vegetables, and nuts, that are sensitive to chlorides. Since many chloride-sensitive crops are high-value, optimizing quality and yield is critical. Furthermore, toxicity can occur if MOP is added to soils already high in chlorides. SOP is an ideal solution when working with chloride-sensitive crops or chloride-rich soils because it is significantly lower in chlorides.

Potassium sulfate contains potassium (K) and sulfur (S), two essential nutrients that plants require for optimal growth and development. It helps correct potassium deficiency in avocado, beans, corn, cherries, citrus, grapes, palms, and roses. It is only one-third as soluble as potassium chloride; thus, it is not as commonly used for addition through irrigation water unless there is a need for additional sulfur. It has softer granules that can easily break down when handles/blended, hence creating dust and fines. Foliar sprays of potassium sulfate are a convenient way to apply additional potassium and sulfur to plants, supplementing the nutrients taken up from the soil. Leaf damage can occur if the concentration is too high.

Greenway Biotech provides potassium sulfate fertilizer, a 100% water-soluble potash fertilizer that contains 53% potassium and 17% sulfur and is essential for plant growth and adjusting the pH of soil or hydroponics systems. SOP is used to activate the enzyme reaction since potassium is one of the essential co-factors in the production of ATP.

Break-up of Primaries:
  • By Value chain side: Demand– 41.0% and Supply – 59.0%
  • By Designation: Managers – 24.0%, CXOs – 31.0%, and Executives- 45.0%
  • By Region: North America – 29.0%, Europe – 24.0%, Asia Pacific – 32.0%, RoW – 15.0%
Leading players profiled in this report:
  • Nutrien Ltd. (Canada)
  • Yara (Norway)
  • ICL (Israel)
  • The Mosaic Company (US)
  • CF Industries and Holdings, Inc. (US)
  • Nufarm (Australia), SQM SA (Chile)
  • OCP Group (Morocco)
  • Kingenta (China)
  • K+S Aktiengesellschaft (Germany)
  • OCI Nitrogen (Netherlands)
  • EuroChem (Switzerland)
  • Coromandel International Limited (India)
  • Zuari Agro Chemicals Ltd. (India)
  • Deepak Fertilizers and Petrochemicals Corporation Limited (India)
  • Kugler Company (US)
  • Haifa Negev Technologies (Israel)
  • COMPO Expert GmbH (Germany)
  • Wilbur-Ellis Company LLC (US)
  • Valagro (Italy), BRANDT, Inc. (US)
  • AgroLiquid (US)
  • Plant Food Company, Inc (US)
  • Koch Industries, Inc. (US)
  • Agzon Agro (India).
Research Coverage:

The report segments the specialty fertilizers market on the basis of type, technology, form, application method, crop type and region. In terms of insights, this report has focused on various levels of analyses—the competitive landscape, end-use analysis, and company profiles, which together comprise and discuss views on the emerging & high-growth segments of the specialty fertilizers, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.

Reasons to buy this report:
  • To get a comprehensive overview of the specialty fertilizers market
  • To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
  • To gain insights about the major countries/regions in which the specialty fertilizers market is flourishing
1 INTRODUCTION

1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
FIGURE 1 MARKET SEGMENTATION
  1.3.1 INCLUSIONS AND EXCLUSIONS
1.4 REGIONS COVERED
1.5 YEARS CONSIDERED
1.6 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATES CONSIDERED, 2017–2021
1.7 UNIT CONSIDERED
1.8 STAKEHOLDERS
1.9 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY

2.1 RESEARCH DATA
FIGURE 2 SPECIALTY FERTILIZERS MARKET: RESEARCH DESIGN
  2.1.1 SECONDARY DATA
    2.1.1.1 Key data from secondary sources
  2.1.2 PRIMARY DATA
    2.1.2.1 Key data from primary sources
    2.1.2.2 Key industry insights
    2.1.2.3 Breakdown of primary interviews
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS BY COMPANY TYPE, DESIGNATION, AND REGION
2.2 MARKET SIZE ESTIMATION
  2.2.1 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
FIGURE 4 SPECIALTY FERTILIZERS MARKET SIZE ESTIMATION (DEMAND-SIDE)
FIGURE 5 SPECIALTY FERTILIZERS MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
  2.2.2 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
FIGURE 6 SPECIALTY FERTILIZERS MARKET SIZE ESTIMATION, BY TYPE (SUPPLY-SIDE)
FIGURE 7 SPECIALTY FERTILIZERS MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
2.3 DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.4 ASSUMPTIONS
TABLE 2 ASSUMPTIONS
2.5 RESEARCH LIMITATIONS & ASSOCIATED RISKS
TABLE 3 RESEARCH LIMITATIONS & ASSOCIATED RISKS

3 EXECUTIVE SUMMARY

TABLE 4 SPECIALTY FERTILIZERS MARKET SNAPSHOT, 2022 VS. 2027
FIGURE 9 SPECIALTY FERTILIZERS MARKET, BY TECHNOLOGY, 2022 VS. 2027 (USD MILLION)
FIGURE 10 SPECIALTY FERTILIZERS MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION)
FIGURE 11 SPECIALTY FERTILIZERS MARKET, BY FORM, 2022 VS. 2027 (USD MILLION)
FIGURE 12 SPECIALTY FERTILIZERS MARKET, BY MODE OF APPLICATION, 2022 VS. 2027 (USD MILLION)
FIGURE 13 SPECIALTY FERTILIZERS MARKET, BY CROP TYPE, 2022 VS. 2027 (USD MILLION)
FIGURE 14 SPECIALTY FERTILIZERS MARKET: REGIONAL SNAPSHOT

4 PREMIUM INSIGHTS

4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SPECIALTY FERTILIZERS MARKET
FIGURE 15 GROWING NEED FOR HIGH-EFFICIENCY FERTILIZERS TO DRIVE MARKET GROWTH
4.2 SPECIALTY FERTILIZERS MARKET, BY REGION
FIGURE 16 ASIA PACIFIC TO DOMINATE THE SPECIALTY FERTILIZERS MARKET IN TERMS OF VALUE
4.3 SPECIALTY FERTILIZERS MARKET, BY TECHNOLOGY
FIGURE 17 WATER-SOLUBLE FERTILIZERS TO ACCOUNT FOR LARGEST MARKET SHARE
FIGURE 18 MONOAMMONIUM PHOSPHATE TO GROW AT THE HIGHEST CAGR IN TERMS OF VOLUME
4.4 SPECIALTY FERTILIZERS MARKET, BY FORM
FIGURE 19 DRY SPECIALTY FERTILIZERS HOLD LARGER MARKET SHARE
4.5 SPECIALTY FERTILIZERS MARKET, BY MODE OF APPLICATION
FIGURE 20 FERTIGATION TO REGISTER LARGEST MARKET SIZE
4.6 SPECIALTY FERTILIZERS MARKET, BY CROP TYPE
FIGURE 21 CEREALS & PULSES DOMINATE CROP MARKET OVER FORECAST PERIOD
4.7 ASIA PACIFIC: SPECIALTY FERTILIZERS MARKET, BY KEY TECHNOLOGY & COUNTRY
FIGURE 22 CHINA AND WATER-SOLUBLE FERTILIZERS ACCOUNT FOR SIGNIFICANT SHARES
FIGURE 23 VIETNAM, GERMANY, AND BRAZIL TO GROW AT HIGH RATES DURING FORECAST PERIOD

5 MARKET OVERVIEW

5.1 INTRODUCTION
5.2 MACROINDICATORS
  5.2.1 RISING CROP LOSSES DUE TO SOIL DEGRADATION
  5.2.2 RISING IMPORTANCE OF MICRONUTRIENTS IN HUMAN CONSUMPTION
FIGURE 24 DEFICIENCY OF MACRO AND MICRONUTRIENTS IN INDIAN SOIL, 2019
5.3 MARKET DYNAMICS
FIGURE 25 SPECIALTY FERTILIZERS: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
  5.3.1 DRIVERS
    5.3.1.1 Need to switch to efficient fertilizers to avoid environmental concerns
FIGURE 26 FACTORS CONTRIBUTING TO WATER POLLUTION
    5.3.1.2 Favorable government policies and regulations
    5.3.1.3 Easy application and usage of specialty fertilizers
  5.3.2 RESTRAINTS
    5.3.2.1 High R&D costs
    5.3.2.2 Improper management of controlled-release fertilizers
    5.3.2.3 High handling costs of liquid fertilizers
  5.3.3 OPPORTUNITIES
    5.3.3.1 Product innovations and technological advancements in specialty fertilizers
    5.3.3.2 Crop-specific nutrient management through precision farming
  5.3.4 CHALLENGES
    5.3.4.1 Rising prices of specialty fertilizers
FIGURE 27 FERTILIZER AFFORDABILITY INDEX (UREA, MOP), 2014–2022
    5.3.4.2 Lack of domestic infrastructure for manufacturing specialty fertilizers in India

6 INDUSTRY TRENDS

6.1 OVERVIEW
6.2 REGULATORY FRAMEWORK
  6.2.1 NORTH AMERICA
    6.2.1.1 US
      6.2.1.1.1 California
      6.2.1.1.2 Iowa
      6.2.1.1.3 Texas
      6.2.1.1.4 Minnesota
      6.2.1.1.5 Illinois
      6.2.1.1.6 Wisconsin
      6.2.1.1.7 Pennsylvania
    6.2.1.2 Canada
  6.2.2 EUROPE
  6.2.3 ASIA PACIFIC
    6.2.3.1 India
    6.2.3.2 China
    6.2.3.3 Japan
  6.2.4 SOUTH AMERICA
    6.2.4.1 Brazil
  6.2.5 ROW
    6.2.5.1 South Africa
    6.2.5.2 Israel
6.3 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 5 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 6 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 7 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 8 SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 9 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
6.4 PATENT ANALYSIS
FIGURE 28 NUMBER OF PATENTS APPROVED FOR SPECIALTY FERTILIZERS IN THE GLOBAL MARKET, 2011–2021
FIGURE 29 JURISDICTIONS WITH HIGHEST PATENT APPROVALS FOR SPECIALTY FERTILIZERS, 2019–2022
TABLE 10 RECENT PATENTS GRANTED FOR SPECIALTY FERTILIZERS MARKET
6.5 VALUE CHAIN ANALYSIS
FIGURE 30 VALUE CHAIN ANALYSIS
6.6 YC-YCC SHIFT
FIGURE 31 TRENDS/DISRUPTIONS IMPACTING BUYERS IN THE SPECIALTY FERTILIZERS MARKET
6.7 MARKET ECOSYSTEM
TABLE 11 SPECIALTY FERTILIZERS MARKET ECOSYSTEM
FIGURE 32 MARKET MAP
6.8 TRADE ANALYSIS
TABLE 12 EXPORT VALUE OF FERTILIZERS INCLUDING MONOAMMONIUM PHOSPHATE, SULFATE OF POTASH, AND AMMONIUM NITRATE FOR KEY COUNTRIES, 2021 (USD THOUSAND)
TABLE 13 IMPORT VALUE OF FERTILIZERS INCLUDING MONOAMMONIUM PHOSPHATE, SULFATE OF POTASH, AND AMMONIUM NITRATE FOR KEY COUNTRIES, 2021 (USD THOUSAND)
6.9 AVERAGE SELLING PRICE ANALYSIS
  6.9.1 AVERAGE SELLING PRICE ANALYSIS: SPECIALTY FERTILIZERS MARKET, BY TECHNOLOGY, 2016–2021
FIGURE 33 PRICING ANALYSIS: SPECIALTY FERTILIZERS MARKET, BY TECHNOLOGY, 2016–2021 (USD/KG)
  6.9.2 AVERAGE SELLING PRICE ANALYSIS: SPECIALTY FERTILIZERS MARKET, BY REGION, 2016–2021
FIGURE 34 PRICING ANALYSIS: SPECIALTY FERTILIZERS MARKET, BY REGION, 2016–2021 (USD/KG)
  6.9.3 INDICATIVE PRICING ANALYSIS
FIGURE 35 AVERAGE SELLING PRICES OF DISTINGUISHED PLAYERS FOR TOP THREE TECHNOLOGIES
TABLE 14 AVERAGE SELLING PRICES OF KEY PLAYERS FOR TOP TECHNOLOGIES IN USD/TON
6.10 TECHNOLOGY ANALYSIS
  6.10.1 Y-DROP FERTIGATION
  6.10.2 VARIABLE-RATE TECHNOLOGY/APPLICATION
6.11 CASE STUDY ANALYSIS
  6.11.1 CASE 1: NEW SUSTAINABLE FERTILIZER INCREASED MICRONUTRIENT BIOAVAILABILITY
  6.11.2 CASE 2: USE OF CRF TO CONTROL HBL IN CITRUS PLANTATIONS
6.12 KEY CONFERENCES & EVENTS (2022–2023)
TABLE 15 SPECIALTY FERTILIZERS MARKET: DETAILED LIST OF CONFERENCES & EVENTS
6.13 KEY STAKEHOLDERS & BUYING CRITERIA
  6.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 36 INFLUENCE OF STAKEHOLDERS ON THE BUYING PROCESS FOR TOP THREE MODES OF APPLICATION
TABLE 16 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE MODES OF APPLICATION
  6.13.2 BUYING CRITERIA
FIGURE 37 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE TECHNOLOGIES
TABLE 17 KEY BUYING CRITERIA FOR TOP THREE TECHNOLOGIES
6.14 PORTER’S FIVE FORCES ANALYSIS
TABLE 18 PORTER’S FIVE FORCES ANALYSIS
  6.14.1 THREAT FROM NEW ENTRANTS
  6.14.2 THREAT FROM SUBSTITUTES
  6.14.3 BARGAINING POWER OF SUPPLIERS
  6.14.4 BARGAINING POWER OF BUYERS
  6.14.5 INTENSITY OF COMPETITIVE RIVALRY

7 SPECIALTY FERTILIZERS MARKET, BY TECHNOLOGY

7.1 INTRODUCTION
FIGURE 38 WATER-SOLUBLE FERTILIZERS PROJECTED TO DOMINATE MARKET
TABLE 19 SPECIALTY FERTILIZERS MARKET, BY TECHNOLOGY, 2016–2021 (USD MILLION)
TABLE 20 SPECIALTY FERTILIZERS MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 21 SPECIALTY FERTILIZERS MARKET, BY TECHNOLOGY, 2016–2021 (KILOTONS)
TABLE 22 SPECIALTY FERTILIZERS MARKET, BY TECHNOLOGY, 2022–2027 (KILOTONS)
7.2 CONTROLLED-RELEASE FERTILIZERS
  7.2.1 CONTROLLED-RELEASE FERTILIZERS BALANCE PLANT NUTRIENT NEEDS TO PROTECT CROPS
TABLE 23 CONTROLLED-RELEASE FERTILIZERS MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 24 CONTROLLED-RELEASE FERTILIZERS MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 25 CONTROLLED-RELEASE FERTILIZERS MARKET, BY REGION, 2016–2021 (KILOTONS)
TABLE 26 CONTROLLED-RELEASE FERTILIZERS MARKET, BY REGION, 2022–2027 (KILOTONS)
7.3 WATER-SOLUBLE FERTILIZERS
  7.3.1 SIMPLICITY OF USAGE AND EFFICACY IN FERTIGATION TO DRIVE MARKET
TABLE 27 WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 28 WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 29 WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2016–2021 (KILOTONS)
TABLE 30 WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2022–2027 (KILOTONS)
7.4 LIQUID FERTILIZERS
  7.4.1 LIQUID FERTILIZERS OFFER PRECISE FERTILIZER DISTRIBUTION
TABLE 31 LIQUID FERTILIZERS MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 32 LIQUID FERTILIZERS MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 33 LIQUID FERTILIZERS MARKET, BY REGION, 2016–2021 (KILOTONS)
TABLE 34 LIQUID FERTILIZERS MARKET, BY REGION, 2022–2027 (KILOTONS)
7.5 MICRONUTRIENTS
  7.5.1 MICRONUTRIENTS ESSENTIAL FOR PLANT GROWTH, WHICH DRIVES DEMAND FOR MICRONUTRIENT FERTILIZERS
TABLE 35 MICRONUTRIENTS MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 36 MICRONUTRIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 37 MICRONUTRIENTS MARKET, BY REGION, 2016–2021 (KILOTONS)
TABLE 38 MICRONUTRIENTS MARKET, BY REGION, 2022–2027 (KILOTONS)
7.6 OTHER TECHNOLOGIES
TABLE 39 OTHER TECHNOLOGIES MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 40 OTHER TECHNOLOGIES MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 41 OTHER TECHNOLOGIES MARKET, BY REGION, 2016–2021 (KILOTONS)
TABLE 42 OTHER TECHNOLOGIES MARKET, BY REGION, 2022–2027 (KILOTONS)

8 SPECIALTY FERTILIZERS MARKET, BY TYPE

8.1 INTRODUCTION
FIGURE 39 UREA-AMMONIUM NITRATE PROJECTED TO DOMINATE SPECIALTY FERTILIZERS MARKET DURING THE FORECAST PERIOD
TABLE 43 SPECIALTY FERTILIZERS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 44 SPECIALTY FERTILIZERS MARKET, BY TYPE, 2022–2027 (USD MILLION)
8.2 UREA-AMMONIUM NITRATE
  8.2.1 REDUCTION OF RESIDUAL AMOUNT OF SOIL NITROGEN DUE TO UAN APPLICATION TO DRIVE MARKET
TABLE 45 UAN SPECIALTY FERTILIZERS MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 46 UAN SPECIALTY FERTILIZERS MARKET, BY REGION, 2022–2027 (USD MILLION)
8.3 CALCIUM AMMONIUM NITRATE
  8.3.1 CAN PROTECTS PLANTS, PREVENTS LEAF AND BUD DEFORMATION, AND PROMOTES SOIL HEALTH—KEY FACTORS DRIVING ADOPTION
TABLE 47 CAN SPECIALTY FERTILIZERS MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 48 CAN SPECIALTY FERTILIZERS MARKET, BY REGION, 2022–2027 (USD MILLION)
8.4 MONOAMMONIUM PHOSPHATE
  8.4.1 USAGE OF MONOAMMONIUM PHOSPHATE FOR NEUTRAL AND HIGH-PH SOIL TO DRIVE MARKET
TABLE 49 MAP SPECIALTY FERTILIZERS MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 50 MAP SPECIALTY FERTILIZERS MARKET, BY REGION, 2022–2027 (USD MILLION)
8.5 SULFATE OF POTASH
  8.5.1 SOP PROVIDES BEST SOURCE OF POTASSIUM AND SULFUR IN CROPS
TABLE 51 SOP SPECIALTY FERTILIZERS MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 52 SOP SPECIALTY FERTILIZERS MARKET, BY REGION, 2022–2027 (USD MILLION)
8.6 POTASSIUM NITRATE
  8.6.1 POTASSIUM NITRATE WIDELY USED IN HIGH-VALUE CASH CROPS
TABLE 53 POTASSIUM NITRATE SPECIALTY FERTILIZERS MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 54 POTASSIUM NITRATE SPECIALTY FERTILIZERS MARKET, BY REGION, 2022–2027 (USD MILLION)
8.7 UREA DERIVATIVES
  8.7.1 WIDE USAGE OF UREA DERIVATIVE ATTRIBUTED TO HIGH NITROGEN AVAILABILITY
TABLE 55 UREA DERIVATIVE SPECIALTY FERTILIZERS MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 56 UREA DERIVATIVE SPECIALTY FERTILIZERS MARKET, BY REGION, 2022–2027 (USD MILLION)
8.8 BLENDS OF NPK
  8.8.1 BLENDS OF NPK USED TO PROVIDE BALANCED NUTRIENT FEED TO PLANTS
TABLE 57 BLENDS OF NPK SPECIALTY FERTILIZERS MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 58 BLENDS OF NPK SPECIALTY FERTILIZERS MARKET, BY REGION, 2022–2027 (USD MILLION)
8.9 OTHER SPECIALTY FERTILIZERS
TABLE 59 OTHER SPECIALTY FERTILIZERS MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 60 OTHER SPECIALTY FERTILIZERS MARKET, BY REGION, 2022–2027 (USD MILLION)

9 SPECIALTY FERTILIZERS MARKET, BY CROP TYPE

9.1 INTRODUCTION
FIGURE 40 CEREALS & GRAINS SEGMENT PROJECTED TO DOMINATE THE SPECIALTY FERTILIZERS MARKET DURING THE FORECAST PERIOD
TABLE 61 SPECIALTY FERTILIZERS MARKET, BY CROP TYPE, 2016–2021 (USD MILLION)
TABLE 62 SPECIALTY FERTILIZERS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)
9.2 CEREALS & GRAINS
  9.2.1 EASIER PENETRATION OF ACTIVE INGREDIENTS AND OTHER ADVANTAGES DRIVE USE OF SPECIALTY FERTILIZERS FOR CEREALS & GRAINS
TABLE 63 SPECIALTY FERTILIZERS MARKET FOR CEREALS & GRAINS, BY TYPE, 2016–2021 (USD MILLION)
TABLE 64 SPECIALTY FERTILIZERS MARKET FOR CEREALS & GRAINS, BY TYPE, 2022–2027 (USD MILLION)
TABLE 65 SPECIALTY FERTILIZERS MARKET FOR CEREALS & GRAINS, BY REGION, 2016–2021 (USD MILLION)
TABLE 66 SPECIALTY FERTILIZERS MARKET FOR CEREALS & GRAINS, BY REGION, 2022–2027 (USD MILLION)
    9.2.1.1 Corn
      9.2.1.1.1 Rising corn consumption driving demand for specialty fertilizers to mitigate nutrient deficiencies
    9.2.1.2 Wheat
      9.2.1.2.1 Importance of nitrogen in wheat production to drive use of specialty fertilizers
    9.2.1.3 Rice
      9.2.1.3.1 Foliar application of specialty fertilizers helps overcome root problems in rice plants
    9.2.1.4 Other cereals & grains
9.3 OILSEEDS & PULSES
  9.3.1 RISING DEMAND FOR HIGH-YIELD AND DISEASE-RESISTANT SOYBEAN SEEDS TO BOOST ADOPTION OF SPECIALTY FERTILIZERS
TABLE 67 SPECIALTY FERTILIZERS MARKET FOR OILSEEDS & PULSES, BY TYPE, 2016–2021 (USD MILLION)
TABLE 68 SPECIALTY FERTILIZERS MARKET FOR OILSEEDS & PULSES, BY TYPE, 2022–2027 (USD MILLION)
TABLE 69 SPECIALTY FERTILIZERS MARKET FOR OILSEEDS & PULSES, BY REGION, 2016–2021 (USD MILLION)
TABLE 70 SPECIALTY FERTILIZERS MARKET FOR OILSEEDS & PULSES, BY REGION, 2022–2027 (USD MILLION)
    9.3.1.1 Soybean
      9.3.1.1.1 Importance of timing of phosphate application in soybean driving demand for CRFs
    9.3.1.2 Sunflower
      9.3.1.2.1 Wide applications of sunflower contributing to market growth
    9.3.1.3 Other oilseeds & pulses
9.4 FRUITS & VEGETABLES
  9.4.1 MICRONUTRIENTS ESSENTIAL FOR FRUITS & VEGETABLES
TABLE 71 SPECIALTY FERTILIZERS MARKET FOR FRUITS & VEGETABLES, BY TYPE, 2016–2021 (USD MILLION)
TABLE 72 SPECIALTY FERTILIZERS MARKET FOR FRUITS & VEGETABLES, BY TYPE, 2022–2027 (USD MILLION)
TABLE 73 SPECIALTY FERTILIZERS MARKET FOR FRUITS & VEGETABLES, BY REGION, 2016–2021 (USD MILLION)
TABLE 74 SPECIALTY FERTILIZERS MARKET FOR FRUITS & VEGETABLES, BY REGION, 2022–2027 (USD MILLION)
    9.4.1.1 Pome fruits
      9.4.1.1.1 Micronutrients rich in Ca, Mg, and B needed for growth of pome fruits
    9.4.1.2 Citrus fruits
      9.4.1.2.1 Citrus fertilization with specialty fertilizers produces greater fruit yield
    9.4.1.3 Leafy vegetables
      9.4.1.3.1 Requirement of micronutrients for growth to drive market
    9.4.1.4 Berries
      9.4.1.4.1 Fertilization of blueberries with controlled-release fertilizers can help in optimum growth
    9.4.1.5 Roots & tuber vegetables
      9.4.1.5.1 High nutrient needs to ensure strong demand for fertilizers
    9.4.1.6 Other fruits & vegetables
9.5 OTHER CROPS
TABLE 75 SPECIALTY FERTILIZERS MARKET FOR OTHER CROPS, BY REGION, 2016–2021 (USD MILLION)
TABLE 76 SPECIALTY FERTILIZERS MARKET FOR OTHER CROPS, BY REGION, 2022–2027 (USD MILLION)

10 SPECIALTY FERTILIZERS MARKET, BY MODE OF APPLICATION

10.1 INTRODUCTION
FIGURE 41 SPECIALTY FERTILIZERS MARKET, BY MODE OF APPLICATION, 2022 VS. 2027 (USD MILLION)
TABLE 77 SPECIALTY FERTILIZERS MARKET, BY MODE OF APPLICATION, 2016–2021 (USD MILLION)
TABLE 78 SPECIALTY FERTILIZERS MARKET, BY MODE OF APPLICATION, 2022–2027 (USD MILLION)
10.2 FERTIGATION
  10.2.1 REDUCED LEACHING OF FERTILIZERS AND INCREASED ABSORPTION OF NUTRIENTS TO DRIVE USE OF FERTIGATION
TABLE 79 FERTILIZER EFFICIENCY VIA FERTIGATION
TABLE 80 SPECIALTY FERTILIZERS MARKET FOR FERTIGATION, BY REGION, 2016–2021 (USD MILLION)
TABLE 81 SPECIALTY FERTILIZERS MARKET FOR FERTIGATION, BY REGION, 2022–2027 (USD MILLION)
10.3 FOLIAR
  10.3.1 USAGE OF FOLIAR MODE OF APPLICATION TO AVOID DEFICIENCIES AND REDUCE STRESS TO DRIVE DEMAND
TABLE 82 SPECIALTY FERTILIZERS MARKET FOR FOLIAR APPLICATIONS, BY REGION, 2016–2021 (USD MILLION)
TABLE 83 SPECIALTY FERTILIZERS MARKET FOR FOLIAR APPLICATIONS, BY REGION, 2022–2027 (USD MILLION)
10.4 SOIL
  10.4.1 WIDE USAGE OF SOIL APPLICATION TO DRIVE SEGMENT GROWTH
TABLE 84 SPECIALTY FERTILIZERS MARKET FOR SOIL APPLICATIONS, BY REGION, 2016–2021 (USD MILLION)
TABLE 85 SPECIALTY FERTILIZERS MARKET FOR SOIL APPLICATIONS, BY REGION, 2022–2027 (USD MILLION)

11 SPECIALTY FERTILIZERS MARKET, BY FORM

11.1 INTRODUCTION
TABLE 86 ADVANTAGES AND DISADVANTAGES OF LIQUID AND DRY FERTILIZERS
FIGURE 42 DRY FERTILIZERS SEGMENT PROJECTED TO DOMINATE OVERALL MARKET
TABLE 87 SPECIALTY FERTILIZERS MARKET, BY FORM, 2016–2021 (USD MILLION)
TABLE 88 SPECIALTY FERTILIZERS MARKET, BY FORM, 2022–2027 (USD MILLION)
11.2 DRY SPECIALTY FERTILIZERS
  11.2.1 EASY STORAGE AND HIGH EFFICIENCY TO BOOST CONSUMPTION OF DRY SPECIALTY FERTILIZERS
TABLE 89 DRY SPECIALTY FERTILIZERS MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 90 DRY SPECIALTY FERTILIZERS MARKET, BY REGION, 2022–2027 (USD MILLION)
11.3 LIQUID SPECIALTY FERTILIZERS
  11.3.1 EASE OF APPLICATION TO DRIVE MARKET FOR LIQUID FERTILIZERS
TABLE 91 LIQUID SPECIALTY FERTILIZERS MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 92 LIQUID SPECIALTY FERTILIZERS MARKET, BY REGION, 2022–2027 (USD MILLION)

12 SPECIALTY FERTILIZERS MARKET, BY REGION

12.1 INTRODUCTION
FIGURE 43 GERMANY, ITALY, VIETNAM, AND BRAZIL TO RECORD HIGHEST CAGRS
FIGURE 44 SPECIALTY FERTILIZERS MARKET, BY REGION, 2022 VS. 2027 (USD MILLION)
TABLE 93 SPECIALTY FERTILIZERS MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 94 SPECIALTY FERTILIZERS MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 95 SPECIALTY FERTILIZERS MARKET, BY REGION, 2016–2021 (KILOTONS)
TABLE 96 SPECIALTY FERTILIZERS MARKET, BY REGION, 2022–2027 (KILOTONS)
12.2 NORTH AMERICA
TABLE 97 NORTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY COUNTRY, 2016–2021 (USD MILLION)
TABLE 98 NORTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 99 NORTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 100 NORTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 101 NORTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY TECHNOLOGY, 2016–2021 (USD MILLION)
TABLE 102 NORTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 103 NORTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY TECHNOLOGY, 2016–2021 (KILOTONS)
TABLE 104 NORTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY TECHNOLOGY, 2022–2027 (KILOTONS)
TABLE 105 NORTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY FORM, 2016–2021 (USD MILLION)
TABLE 106 NORTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY FORM, 2022–2027 (USD MILLION)
TABLE 107 NORTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY MODE OF APPLICATION, 2016–2021 (USD MILLION)
TABLE 108 NORTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY MODE OF APPLICATION, 2022–2027 (USD MILLION)
TABLE 109 NORTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY CROP TYPE, 2016–2021 (USD MILLION)
TABLE 110 NORTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)
  12.2.1 US
    12.2.1.1 Sustainable agriculture systems and stringent environmental regulations to drive micronutrients-based specialty fertilizers
TABLE 111 US: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 112 US: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2022–2027 (USD MILLION)
  12.2.2 CANADA
    12.2.2.1 Rising demand from food processing industry for cereals & grains to drive market
TABLE 113 CANADA: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 114 CANADA: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2022–2027 (USD MILLION)
  12.2.3 MEXICO
    12.2.3.1 Government focus on sustainable agriculture to drive demand for micronutrients-based specialty fertilizers
TABLE 115 MEXICO: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 116 MEXICO: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2022–2027 (USD MILLION)
12.3 EUROPE
TABLE 117 EUROPE: SPECIALTY FERTILIZERS MARKET, BY COUNTRY, 2016–2021 (USD MILLION)
TABLE 118 EUROPE: SPECIALTY FERTILIZERS MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 119 EUROPE: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 120 EUROPE: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 121 EUROPE: SPECIALTY FERTILIZERS MARKET, BY TECHNOLOGY, 2016–2021 (USD MILLION)
TABLE 122 EUROPE: SPECIALTY FERTILIZERS MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 123 EUROPE: SPECIALTY FERTILIZERS MARKET, BY TECHNOLOGY, 2016–2021 (KILOTONS)
TABLE 124 EUROPE: SPECIALTY FERTILIZERS MARKET, BY TECHNOLOGY, 2022–2027 (KILOTONS)
TABLE 125 EUROPE: SPECIALTY FERTILIZERS MARKET, BY FORM, 2016–2021 (USD MILLION)
TABLE 126 EUROPE: SPECIALTY FERTILIZERS MARKET, BY FORM, 2022–2027 (USD MILLION)
TABLE 127 EUROPE: SPECIALTY FERTILIZERS MARKET, BY MODE OF APPLICATION, 2016–2021 (USD MILLION)
TABLE 128 EUROPE: SPECIALTY FERTILIZERS MARKET, BY MODE OF APPLICATION, 2022–2027 (USD MILLION)
TABLE 129 EUROPE: SPECIALTY FERTILIZERS MARKET, BY CROP TYPE, 2016–2021 (USD MILLION)
TABLE 130 EUROPE: SPECIALTY FERTILIZERS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)
  12.3.1 GERMANY
    12.3.1.1 Support for switching from conventional to specialty fertilizers to drive market
TABLE 131 GERMANY: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 132 GERMANY: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2022–2027 (USD MILLION)
  12.3.2 FRANCE
    12.3.2.1 Growing demand for high-value crops to boost use of specialty fertilizers
TABLE 133 FRANCE: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 134 FRANCE: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2022–2027 (USD MILLION)
  12.3.3 UK
    12.3.3.1 Adoption of agronomic bio-fortification to boost demand for micronutrients
TABLE 135 UK: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 136 UK: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2022–2027 (USD MILLION)
  12.3.4 RUSSIA
    12.3.4.1 Move toward sustainable agricultural solutions to support domestic crop production
TABLE 137 RUSSIA: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 138 RUSSIA: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2022–2027 (USD MILLION)
  12.3.5 POLAND
    12.3.5.1 Poland to showcase strong growth opportunities for market players
TABLE 139 POLAND: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 140 POLAND: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2022–2027 (USD MILLION)
  12.3.6 ITALY
    12.3.6.1 Rising demand for cereals and grains to drive market growth
TABLE 141 ITALY: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 142 ITALY: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2022–2027 (USD MILLION)
  12.3.7 REST OF EUROPE
TABLE 143 REST OF EUROPE: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 144 REST OF EUROPE: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2022–2027 (USD MILLION)
12.4 ASIA PACIFIC
FIGURE 45 ASIA PACIFIC: SPECIALTY FERTILIZERS MARKET SNAPSHOT
TABLE 145 ASIA PACIFIC: SPECIALTY FERTILIZERS MARKET, BY COUNTRY, 2016–2021 (USD MILLION)
TABLE 146 ASIA PACIFIC: SPECIALTY FERTILIZERS MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 147 ASIA PACIFIC: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 148 ASIA PACIFIC: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 149 ASIA PACIFIC: SPECIALTY FERTILIZERS MARKET, BY TECHNOLOGY, 2016–2021 (USD MILLION)
TABLE 150 ASIA PACIFIC: SPECIALTY FERTILIZERS MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 151 ASIA PACIFIC: SPECIALTY FERTILIZERS MARKET, BY TECHNOLOGY, 2016–2021 (KILOTONS)
TABLE 152 ASIA PACIFIC: SPECIALTY FERTILIZERS MARKET, BY TECHNOLOGY, 2022–2027 (KILOTONS)
TABLE 153 ASIA PACIFIC: SPECIALTY FERTILIZERS MARKET, BY MODE OF APPLICATION, 2016–2021 (USD MILLION)
TABLE 154 ASIA PACIFIC: SPECIALTY FERTILIZERS MARKET, BY MODE OF APPLICATION, 2022–2027 (USD MILLION)
TABLE 155 ASIA PACIFIC: SPECIALTY FERTILIZERS MARKET, BY FORM, 2016–2021 (USD MILLION)
TABLE 156 ASIA PACIFIC: SPECIALTY FERTILIZERS MARKET, BY FORM, 2022–2027 (USD MILLION)
TABLE 157 ASIA PACIFIC: SPECIALTY FERTILIZERS MARKET, BY CROP TYPE, 2016–2021 (USD MILLION)
TABLE 158 ASIA PACIFIC: SPECIALTY FERTILIZERS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)
  12.4.1 CHINA
    12.4.1.1 Rising consumption of ammonium and phosphorus-based specialty fertilizers to drive market growth
TABLE 159 CHINA: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 160 CHINA: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2022–2027 (USD MILLION)
  12.4.2 INDIA
    12.4.2.1 Growing demand for micronutrients for fertilization to drive adoption of innovative specialty fertilizers
TABLE 161 INDIA: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 162 INDIA: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2022–2027 (USD MILLION)
  12.4.3 JAPAN
    12.4.3.1 Use of advanced agricultural practices to drive growth
TABLE 163 JAPAN: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 164 JAPAN: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2022–2027 (USD MILLION)
  12.4.4 AUSTRALIA & NEW ZEALAND
    12.4.4.1 Increasing consumption of specialty fertilizers and decreasing arable land—key growth factors
TABLE 165 AUSTRALIA & NEW ZEALAND: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 166 AUSTRALIA & NEW ZEALAND: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2022–2027 (USD MILLION)
  12.4.5 VIETNAM
    12.4.5.1 Micronutrient loss caused by soil erosion to drive market
TABLE 167 VIETNAM: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 168 VIETNAM: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2022–2027 (USD MILLION)
  12.4.6 REST OF ASIA PACIFIC
TABLE 169 REST OF ASIA PACIFIC: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 170 REST OF ASIA PACIFIC: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2022–2027 (USD MILLION)
12.5 SOUTH AMERICA
FIGURE 46 SOUTH AMERICA: SPECIALTY FERTILIZERS MARKET SNAPSHOT, 2022
TABLE 171 SOUTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY COUNTRY, 2016–2021 (USD MILLION)
TABLE 172 SOUTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 173 SOUTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 174 SOUTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 175 SOUTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY TECHNOLOGY, 2016–2021 (USD MILLION)
TABLE 176 SOUTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 177 SOUTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY TECHNOLOGY, 2016–2021 (KILOTONS)
TABLE 178 SOUTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY TECHNOLOGY, 2022–2027 (KILOTONS)
TABLE 179 SOUTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY FORM, 2016–2021 (USD MILLION)
TABLE 180 SOUTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY FORM, 2022–2027 (USD MILLION)
TABLE 181 SOUTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY MODE OF APPLICATION, 2016–2021 (USD MILLION)
TABLE 182 SOUTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY MODE OF APPLICATION, 2022–2027 (USD MILLION)
TABLE 183 SOUTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY CROP TYPE, 2016–2021 (USD MILLION)
TABLE 184 SOUTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)
  12.5.1 BRAZIL
    12.5.1.1 Brazil to dominate Latin American specialty fertilizers market
TABLE 185 BRAZIL: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 186 BRAZIL: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2022–2027 (USD MILLION)
  12.5.2 ARGENTINA
    12.5.2.1 Growing use of agrochemicals and advancements in farming techniques contribute to market growth
TABLE 187 ARGENTINA: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 188 ARGENTINA: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2022–2027 (USD MILLION)
  12.5.3 CHILE
    12.5.3.1 Increasing demand for controlled-release fertilizers to increase farm productivity
TABLE 189 CHILE: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 190 CHILE: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2022–2027 (USD MILLION)
  12.5.4 REST OF SOUTH AMERICA
TABLE 191 REST OF SOUTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 192 REST OF SOUTH AMERICA: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2022–2027 (USD MILLION)
12.6 REST OF THE WORLD
TABLE 193 ROW: SPECIALTY FERTILIZERS MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 194 ROW: SPECIALTY FERTILIZERS MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 195 ROW: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 196 ROW: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 197 ROW: SPECIALTY FERTILIZERS MARKET, BY TECHNOLOGY, 2016–2021 (USD MILLION)
TABLE 198 ROW: SPECIALTY FERTILIZERS MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 199 ROW: SPECIALTY FERTILIZERS MARKET, BY TECHNOLOGY, 2016–2021 (KILOTONS)
TABLE 200 ROW: SPECIALTY FERTILIZERS MARKET, BY TECHNOLOGY, 2022–2027 (KILOTONS)
TABLE 201 ROW: SPECIALTY FERTILIZERS MARKET, BY FORM, 2016–2021 (USD MILLION)
TABLE 202 ROW: SPECIALTY FERTILIZERS MARKET, BY FORM, 2022–2027 (USD MILLION)
TABLE 203 ROW: SPECIALTY FERTILIZERS MARKET, BY MODE OF APPLICATION, 2016–2021 (USD MILLION)
TABLE 204 ROW: SPECIALTY FERTILIZERS MARKET, BY MODE OF APPLICATION, 2022–2027 (USD MILLION)
TABLE 205 ROW: SPECIALTY FERTILIZERS MARKET, BY CROP TYPE, 2016–2021 (USD MILLION)
TABLE 206 ROW: SPECIALTY FERTILIZERS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)
  12.6.1 MIDDLE EAST
    12.6.1.1 Wide availability of controlled-release fertilizers due to presence of firms such as ICL and Haifa Chemicals
TABLE 207 MIDDLE EAST: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 208 MIDDLE EAST: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2022–2027 (USD MILLION)
  12.6.2 AFRICA
    12.6.2.1 Growing need for liquid fertilizers and micronutrients to combat nutrition deficiency to support market growth
TABLE 209 AFRICA: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 210 AFRICA: SPECIALTY FERTILIZERS MARKET, BY TYPE, 2022–2027 (USD MILLION)

13 COMPETITIVE LANDSCAPE

13.1 OVERVIEW
13.2 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS
FIGURE 47 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS, 2017–2021 (USD MILLION)
13.3 MARKET SHARE ANALYSIS, 2021
TABLE 211 SPECIALTY FERTILIZERS MARKET: DEGREE OF COMPETITION (CONSOLIDATED)
13.4 KEY PLAYER STRATEGIES
TABLE 212 STRATEGIES ADOPTED BY KEY SPECIALTY FERTILIZER MANUFACTURERS
13.5 COMPANY EVALUATION QUADRANT (KEY PLAYERS)
  13.5.1 STARS
  13.5.2 EMERGING LEADERS
  13.5.3 PERVASIVE PLAYERS
  13.5.4 PARTICIPANTS
FIGURE 48 SPECIALTY FERTILIZERS MARKET: COMPANY EVALUATION QUADRANT, 2021 (KEY PLAYERS)
13.6 COMPANY EVALUATION QUADRANT FOR START-UPS/SMES
  13.6.1 PROGRESSIVE COMPANIES
  13.6.2 STARTING BLOCKS
  13.6.3 RESPONSIVE COMPANIES
  13.6.4 DYNAMIC COMPANIES
FIGURE 49 SPECIALTY FERTILIZERS MARKET: COMPANY EVALUATION QUADRANT, 2021 (START-UPS/SMES)
  13.6.5 COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
TABLE 213 SPECIALTY FERTILIZERS MARKET: DETAILED LIST OF KEY START-UPS/SMES
TABLE 214 SPECIALTY FERTILIZERS MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
13.7 COMPANY FOOTPRINT
TABLE 215 COMPANY PRODUCT FOOTPRINT
TABLE 216 COMPANY TECHNOLOGY FOOTPRINT
TABLE 217 COMPANY REGIONAL FOOTPRINT
TABLE 218 OVERALL COMPANY FOOTPRINT
13.8 COMPETITIVE SCENARIO
  13.8.1 PRODUCT LAUNCHES
TABLE 219 SPECIALTY FERTILIZERS: PRODUCT LAUNCHES, 2019-2022
  13.8.2 DEALS
TABLE 220 SPECIALTY FERTILIZERS: DEALS, 2018–2022
  13.8.3 OTHER DEVELOPMENTS
TABLE 221 SPECIALTY FERTILIZERS: OTHER DEVELOPMENTS, 2018–2022

14 COMPANY PROFILES

(Business overview, Products offered, Recent Developments, MNM view)*
14.1 KEY PLAYERS
  14.1.1 NUTRIEN, LTD.
TABLE 222 NUTRIEN, LTD.: BUSINESS OVERVIEW
FIGURE 50 NUTRIEN, LTD.: COMPANY SNAPSHOT
TABLE 223 NUTRIEN, LTD.: PRODUCTS OFFERED
TABLE 224 NUTRIEN, LTD.: DEALS
TABLE 225 NUTRIEN, LTD.: OTHER DEVELOPMENTS
  14.1.2 YARA
TABLE 226 YARA: BUSINESS OVERVIEW
FIGURE 51 YARA: COMPANY SNAPSHOT
TABLE 227 YARA: PRODUCTS OFFERED
TABLE 228 YARA: DEALS
  14.1.3 ICL
TABLE 229 ICL: BUSINESS OVERVIEW
FIGURE 52 ICL: COMPANY SNAPSHOT
TABLE 230 ICL: PRODUCTS OFFERED
TABLE 231 ICL: PRODUCT LAUNCHES
TABLE 232 ICL: DEALS
TABLE 233 ICL: OTHER DEVELOPMENTS
  14.1.4 K+S AKTIENGESELLSCHAFT
TABLE 234 K+S AKTIENGESELLSCHAFT: BUSINESS OVERVIEW
FIGURE 53 K+S AKTIENGESELLSCHAFT: COMPANY SNAPSHOT
TABLE 235 K+S AKTIENGESELLSCHAFT: PRODUCTS OFFERED
TABLE 236 K+S AKTIENGESELLSCHAFT: DEALS
TABLE 237 K+S AKTIENGESELLSCHAFT: OTHER DEVELOPMENTS
  14.1.5 SQM SA
TABLE 238 SQM SA: BUSINESS OVERVIEW
FIGURE 54 SQM SA: COMPANY SNAPSHOT
TABLE 239 SQM SA: PRODUCTS OFFERED
  14.1.6 EUROCHEM GROUP
TABLE 240 EUROCHEM GROUP: BUSINESS OVERVIEW
FIGURE 55 EUROCHEM GROUP: COMPANY SNAPSHOT
TABLE 241 EUROCHEM GROUP: PRODUCTS OFFERED
TABLE 242 EUROCHEM GROUP: DEALS
TABLE 243 EUROCHEM GROUP: OTHER DEVELOPMENTS
  14.1.7 CF INDUSTRIES HOLDINGS, INC.
TABLE 244 CF INDUSTRIES HOLDINGS, INC.: BUSINESS OVERVIEW
FIGURE 56 CF INDUSTRIES HOLDINGS, INC.: COMPANY SNAPSHOT
TABLE 245 CF INDUSTRIES HOLDINGS, INC.: PRODUCTS OFFERED
TABLE 246 CF INDUSTRIES HOLDINGS, INC.: OTHER DEVELOPMENTS
  14.1.8 NUFARM
TABLE 247 NUFARM: BUSINESS OVERVIEW
FIGURE 57 NUFARM: COMPANY SNAPSHOT
TABLE 248 NUFARM: PRODUCTS OFFERED
  14.1.9 THE MOSAIC COMPANY
TABLE 249 THE MOSAIC COMPANY: BUSINESS OVERVIEW
FIGURE 58 THE MOSAIC COMPANY: COMPANY SNAPSHOT
TABLE 250 THE MOSAIC COMPANY: PRODUCTS OFFERED
TABLE 251 THE MOSAIC COMPANY: PRODUCT LAUNCHES
TABLE 252 THE MOSAIC COMPANY: DEALS
  14.1.10 OCI NITROGEN
TABLE 253 OCI NITROGEN: BUSINESS OVERVIEW
FIGURE 59 OCI NITROGEN: COMPANY SNAPSHOT
TABLE 254 OCI NITROGEN: PRODUCTS OFFERED
TABLE 255 OCI NITROGEN: DEALS
TABLE 256 OCI NITROGEN: OTHER DEVELOPMENTS
  14.1.11 OCP GROUP
TABLE 257 OCP GROUP: BUSINESS OVERVIEW
FIGURE 60 OCP GROUP: COMPANY SNAPSHOT
TABLE 258 OCP GROUP: PRODUCTS OFFERED
TABLE 259 OCP GROUP: PRODUCT LAUNCHES
TABLE 260 OCP GROUP: DEALS
TABLE 261 OCP GROUP: OTHER DEVELOPMENTS
  14.1.12 KINGENTA
TABLE 262 KINGENTA: BUSINESS OVERVIEW
FIGURE 61 KINGENTA: COMPANY SNAPSHOT
TABLE 263 KINGENTA: PRODUCTS OFFERED
TABLE 264 KINGENTA: DEALS
  14.1.13 COROMANDEL INTERNATIONAL LIMITED
TABLE 265 COROMANDEL INTERNATIONAL LIMITED: BUSINESS OVERVIEW
FIGURE 62 COROMANDEL INTERNATIONAL LIMITED: COMPANY SNAPSHOT
TABLE 266 COROMANDEL INTERNATIONAL LIMITED: PRODUCTS OFFERED
TABLE 267 COROMANDEL INTERNATIONAL LIMITED: PRODUCT LAUNCHES
TABLE 268 COROMANDEL INTERNATIONAL LIMITED: DEALS
  14.1.14 DEEPAK FERTILIZERS AND PETROCHEMICALS CORPORATION LIMITED
TABLE 269 DEEPAK FERTILIZERS AND PETROCHEMICALS CORPORATION LIMITED: BUSINESS OVERVIEW
FIGURE 63 DEEPAK FERTILIZERS AND PETROCHEMICALS CORPORATION LIMITED: COMPANY SNAPSHOT
TABLE 270 DEEPAK FERTILIZERS AND PETROCHEMICALS CORPORATION LIMITED: PRODUCTS OFFERED
TABLE 271 DEEPAK FERTILIZERS AND PETROCHEMICALS CORPORATION LIMITED: PRODUCT LAUNCHES
  14.1.15 ZUARI AGRO CHEMICALS LTD.
TABLE 272 ZUARI AGRO CHEMICALS LTD.: BUSINESS OVERVIEW
FIGURE 64 ZUARI AGRO CHEMICALS: COMPANY SNAPSHOT
TABLE 273 ZUARI AGRO CHEMICALS LTD: PRODUCTS OFFERED
14.2 STARTUPS/SMES/OTHER PLAYERS
  14.2.1 KUGLER COMPANY
TABLE 274 KUGLER COMPANY: BUSINESS OVERVIEW
TABLE 275 KUGLER COMPANY: PRODUCTS OFFERED
  14.2.2 HAIFA NEGEV TECHNOLOGIES
TABLE 276 HAIFA NEGEV TECHNOLOGIES: BUSINESS OVERVIEW
TABLE 277 HAIFA NEGEV TECHNOLOGIES: PRODUCTS OFFERED
TABLE 278 HAIFA NEGEV TECHNOLOGIES: PRODUCT LAUNCHES
TABLE 279 HAIFA NEGEV TECHNOLOGIES: DEALS
TABLE 280 HAIFA NEGEV TECHNOLOGIES: OTHER DEVELOPMENTS
  14.2.3 COMPO EXPERT GMBH
TABLE 281 COMPO EXPERT GMBH: BUSINESS OVERVIEW
TABLE 282 COMPO EXPERT GMBH: PRODUCTS OFFERED
TABLE 283 COMPO EXPERT GMBH: DEALS
  14.2.4 WILBUR-ELLIS COMPANY LLC
TABLE 284 WILBUR-ELLIS COMPANY LLC: BUSINESS OVERVIEW
TABLE 285 WILBUR-ELLIS COMPANY LLC: PRODUCTS OFFERED
  14.2.5 VALAGRO
TABLE 286 VALAGRO: BUSINESS OVERVIEW
TABLE 287 VALAGRO: PRODUCTS OFFERED
TABLE 288 VALAGRO: DEALS
TABLE 289 VALAGRO: OTHER DEVELOPMENTS
  14.2.6 BRANDT
  14.2.7 AGROLIQUID
  14.2.8 PLANT FOOD COMPANY, INC.
  14.2.9 KOCH INDUSTRIES, INC.
  14.2.10 AGZON AGRO
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.

15 ADJACENT & RELATED MARKETS

15.1 INTRODUCTION
15.2 CONTROLLED RELEASE FERTILIZERS MARKET
  15.2.1 LIMITATIONS
  15.2.2 MARKET DEFINITION
  15.2.3 MARKET OVERVIEW
  15.2.4 CONTROLLED-RELEASE FERTILIZERS MARKET, BY TYPE
TABLE 290 CONTROLLED-RELEASE FERTILIZERS MARKET, BY TYPE, 2018–2020 (USD MILLION)
TABLE 291 CONTROLLED-RELEASE FERTILIZERS MARKET, BY TYPE, 2021–2026 (USD MILLION)
  15.2.5 CONTROLLED-RELEASE FERTILIZERS MARKET, BY END USE
  15.2.6 CONTROLLED-RELEASE FERTILIZERS MARKET, BY MODE OF APPLICATION
  15.2.7 CONTROLLED-RELEASE FERTILIZERS MARKET, BY REGION
TABLE 292 CONTROLLED-RELEASE FERTILIZERS MARKET, BY REGION, 2018–2020 (USD MILLION)
TABLE 293 CONTROLLED-RELEASE FERTILIZERS MARKET, BY REGION, 2021–2026 (USD MILLION)
15.3 AGRICULTURAL MICRONUTRIENTS MARKET
  15.3.1 LIMITATIONS
  15.3.2 MARKET DEFINITION
  15.3.3 MARKET OVERVIEW
  15.3.4 AGRICULTURAL MICRONUTRIENTS MARKET, BY TYPE
TABLE 294 AGRICULTURAL MICRONUTRIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION)
TABLE 295 AGRICULTURAL MICRONUTRIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
  15.3.5 AGRICULTURAL MICRONUTRIENTS MARKET, BY REGION
TABLE 296 AGRICULTURAL MICRONUTRIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 297 AGRICULTURAL MICRONUTRIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)

16 APPENDIX

16.1 DISCUSSION GUIDE
16.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.3 CUSTOMIZATION OPTIONS
16.4 RELATED REPORTS
16.5 AUTHOR DETAILS

The report “Specialty Fertilizers Market by Type (Monoammonium Phosphate, Monopotassiun phosphate, Potassium Nitrate, Potassium Chloride, Potassium Sulfate, Urea, UAN, and Others), by Crop Type & by Region - Global Trends & Forecast to 2020” defines and segments the global market with analysis and projections of the size of the specialty fertilizers market.

The global market for specialty fertilizers is projected to reach $19,885 million by 2020, at a CAGR of 7.0% from 2015.

Yara International ASA (Norway), Sociedad Quimica y Minera S.A. (Chile), Sinochem Group (China), Haifa Chemicals (Israel), Agrium Inc. (Canada), The Mosaic Company (U.S.), and the Potash Corporation of Saskatchewan Inc. (Canada)

The market is segmented and projected on the basis of major regions: North America, Europe, Asia-Pacific, and Rest of the World (RoW). The key countries of each region are covered and their market sizes projected. Further, the market is segmented and projected on the basis of applications.

Specialty fertilizers allow increased nutrient uptake in plants and reduced potential for nutrient losses to the environment when compared to other fertilizer products. The demand for specialty fertilizers continues to grow as they prove to be an efficient alternative to conventional fertilizers because of their low impact on the environment, resource-saving, and labor-saving attributes.

The enhanced efficient technology, ease of application, and the reduced application cost are driving factors for the global specialty fertilizers market, as these fertilizers help in increasing agricultural productivity. Eutrophication has adversely affected the estuaries and lakes in the U.S. To avoid this phenomenon (due to use of conventional fertilizers), specialty fertilizers have better prospects of adoption and application with growing government focus and farmer awareness.

North America dominated the global market. The Asia-Pacific region is projected to be the fastest-growing market, owing to the growing demand for food products in the region. In this region, China is projected to be the fastest-growing market for specialty fertilizers, followed by India. The turf & ornamentals segment is projected to be the largest and fastest-growing market for specialty fertilizers, globally, from 2015 to 2020. Growing cities in China are demanding urban green space as well as a cleaner environment. Urban green spaces including recreational and sporting venues such as golf courses and lawns and rising cultivation of high quality horticultural products demand specialty fertilizers that are efficient in safeguarding the environment.



More Publications