Dublin, Sept. 27, 2013 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/bgsj4v/global_water)
has announced the addition of the "Global
Water Soluble Fertilizers Market, By Types (Nitrogenous,
Phosphatic, Potassic, Micronutrients), Applications (Fertigation,
Foliar Application), Crop Types (Field, Horticultural, Turf &
Ornamentals) & Geography - Trends & Forecasts to 2017"
report to their offering.
Water soluble fertilizers are fertilizers that can be dissolved in
water and added or leached out of the soil easily. It is easy to
control the precise amount of nutrients available to plants with
the help of water soluble fertilizers. This market is estimated to
grow at a CAGR of 4.5% from 2012 to 2017, reaching 8,895.4 thousand
metric tons by 2017.
The global market has grown significantly in the last few years and
a similar trend is expected to follow for the next five to seven
years. Factors such as increasing cost of commodity fertilizers,
ease of application of water soluble fertilizers, innovative
production practices, new product offerings and increased
availability, and the advent of micro irrigation and mechanized
irrigation systems are driving this market, globally. Mergers &
acquisitions, partnerships, agreements, collaborations, and joint
ventures are the major developmental initiatives taken up by key
companies in global water soluble fertilizers market.
Though the market is primarily driven by fertigation application,
foliar application is gaining awareness and its usage is expected
to contribute to future consumption growth of this market.
Horticultural crops such as vegetable, fruits and flower crops are
major crop types which are driving the global market. On the other
hand, there is a rising trend for use of water soluble fertilizers
on turf and ornamental crops, as well. Plantation crops and
hydroponics are expected to emerge as important crop segments for
water soluble fertilizers market. North America and Europe are the
leading consumers - together accounting for more than 70% of the
consumption on a global scale. Asia-Pacific is estimated to be the
fastest growing region in terms of revenue. Growth is particularly
high in emerging countries such as China, India, Israel, and
Brazil.
The global water
soluble fertilizers market is driven by many factors such as
increasing adoption of micro irrigation systems by farmers and
subsidies provided by respective governments, increasing
applications of greenhouses and high rate of efficiency. The main
obstacle in the growth of global market is the seasonal demand and
high cost in comparison to regular soil applied or commodity
fertilizers.
Key Topics Covered:
1 Introduction
2 Executive Summary
3 Market Overview
4 Global Water Soluble Fertilizers Market, By Types
5 Global Water Soluble Fertilizers Market, By Crop Types
6 Global Water Soluble Fertilizers Market, By Applications
7 Water Soluble Fertilizers Market, By Geography
8 Competitive Landscape
9 Company Profiles
Companies Mentioned
- Agrium Inc.
- Apache Corporation
- Arab Potash Company Plc
- Aries Agro Limited
- Coromandel International Limited
- Eurochem
- Gujarat State Fertilizers & Chemicals Ltd
- Haifa Chemicals Limited
- Israel Chemicals Ltd (Icl)
- K+S Ag
- Kuibyshevazot O Jsc
- Orascom Construction Industries Sae
- Petróleo Brasileiro S.A. Petrobras
- Potash Corp. Of Saskatchewan Inc.
- Qatar Fertiliser Company (S.A.Q.)
- Rashtriya Chemicals And Fertilizers Ltd
- Sichuan Meifeng Chemical Industry Co. Ltd
- Sinochem Group
- Sociedad Quimica Y Minera Sa (Sqm)
- The Mosaic Co.
- Uralkali Jsc
- Yara International Asa
- Zuari Global Limited
For more information visit http://www.researchandmarkets.com/research/bgsj4v/global_water
Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector:
Agrochemicals and Fertilisers