Water
soluble fertilizers are a class of fertilizers that are easily dissolved in
water and can be applied as well as sprayed on crops to improve the yield and
quality of a variety of crops like fruits, vegetables, cereals, pulses etc. One
of the benefits of this type of fertilizers is that the user can adjust the
concentrations of various nutrients according to the changing needs of crops in
different seasons. This ensures uniform supply of nutrients to crops over a
period of time.
The global
water soluble fertilizers market has been growing at an impressive rate over
the past few years and the same trend is expected in the next few years owing
to a number of factors. A high growth rate is expected from emerging economies
like India, China and Brazil. Some of the factors that work in favor of this
market are the ease of application of these fertilizers along with their
availability and continuous improvements in micro and mechanized irrigation
systems. In addition to this subsidies offered by governments for employing
mechanized irrigation systems are expected to drive the growth of this market.
Although
fertigation application is the prime driver of this market even foliar
application is gaining awareness among users and is expected to drive the
market in the next few years. Common major crops like vegetables, fruits and
flower crops along with ornamental crops are expected to drive this market.
Mergers and acquisitions, collaborations and joint ventures are some of the
major developmental initiatives undertaken by industries in this sector which
is also expected to drive the growth of this market.
However
there are some factors which might prevent this market from realizing its full
potential. The main factors responsible for inhibiting the growth of the global
market for water soluble fertilizers are the seasonal demand for fertilizers
and comparatively higher costs as compared to commodity fertilizers.
Some of the
major players in the field of Water Soluble fertilizers include Agrium
(Canada), Israel Chemical (Israel), Iowa Fertilizer (Egypt), Qatar Fertilizer
(Qatar), Yara International (Norway), Sinochem Fertilizer Co. Ltd (China) etc.
This
research report analyzes this market depending on its market segments, major
geographies, and current market trends. Geographies analyzed under this
research report include
North
America
Asia
Pacific
Europe
Rest of the
World
This
report provides comprehensive analysis of
Market
growth drivers
Factors
limiting market growth
Current
market trends
Market structure
Market
projections for upcoming years
This report
is a complete study of current trends in the market, industry growth drivers,
and restraints. It provides market projections for the coming years. It
includes analysis of recent developments in technology, Porter’s five force
model analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
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Eltee Fertilizers is counted in the list of leading fertilizers manufacturers, wholesale suppliers and importers from Pune, India.
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