- Report ID: BMRC 752 | Number of pages: 200 | Publish Date: Feb 2020
Status: Published | Category: Agriculture | Delivery Timeline:
Complex Fertilizers Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate Complex Fertilizers Market place for the forecast 2020– 2025
The huge growth in urban settings and global population and the consecutive drop in arable land are leading to a scenario where the requirement for food products is injuring the current agricultural yield trends.
Compound or complex fertilizers, the fertilizers created by mixing together two or more types of macronutrient fertilizers, are employed as a manner of offering crops the suitable amount of fertility. The demand for complex fertilizers has grown at a promising speed in the last years and carries on to show a steady development rate as factors such as rising urbanization, industrialization, conversion of arable lands into commercial landscapes, and rise in energy consumption are making the requirement for provision of correct fertility to arable lands more vital.
The global complex fertilizers market has been divided based on crop type, type, mode of application, form, and region. By type, the global complex fertilizers market has been divided as incomplete complex fertilizers and complete complex fertilizers. The complete complex fertilizers section has been further divided into N-P-K (15-15-15), N-P-K (12-32-16), N-P-K (10-26-26), and others. The incomplete complex fertilizers section has been further divided as monopotassium phosphate (0-52-34), monoammonium phosphate (11-52-0), diammonium phosphate (18-46-0), potassium nitrate (13-0-45), and others.
By crop type, the global complex fertilizers market has been divided as fruits and vegetables, oilseeds and pulses, cereals, and others. The global complex fertilizers market has also been divided, by form, into liquid and granular. Based on mode of application, the global complex fertilizers market has been segmented into fertigation and foliar.
The major players included in the global complex fertilizers market forecast are,
By product Type: Complete Complex Fertilizers, Incomplete Complex Fertilizers
By end users/applications: Planting Industry, Garden
Increasing Global Population Is One Of The Major Factors Powering The Global Complex Fertilizers Market
One of the major factors powering the global complex fertilizers market is the increasing global population and the consecutive requirement to get sustainable agricultural processes. The huge growth in urban settings and global population and the consecutive drop in arable land are leading to a scenario where the requirement for food products is injuring the current agricultural yield trends. The scenario is much elevated in developing nations across regions such as Latin America, Asia Pacific, and Africa, which, due to the elevated aim on industrial growth as a way to develop economically, need land (millions of hectares) if the food requirements of the increasing population are to be met.
Asia Pacific Is One Of The Most Lucrative Areas And Is Predicted To Clock A Promising Growth Over The Coming Future
From a regional point of view, the global complex fertilizers market is divided into regions such as Asia Pacific, North America, Middle East and Africa, Europe, and Latin America. Asia Pacific is one of the most lucrative areas for the complex fertilizers market. The regional market is predicted to clock a promising growth over the coming future. Factors such as constant erosion of arable lands, vast population, the rising demand for enhanced irrigation systems, and increased awareness amongst farmers about the accessible fertilizers and their proper usages are predicted to be the major driving factors of the complex fertilizers market in Asia Pacific over the coming period. The role of China as a major producer as well as user of complex fertilizers is also expected to operate well in support of the regional market over the coming period.
Market by Regional Analysis
North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa
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Complex Fertilizers Market 2020 By product Type (Complete Complex Fertilizers, Incomplete Complex Fertilizers), By end users/applications (Planting Industry, Garden) Forecast to 2025