Market Overview:
The global water soluble fertilizers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for food owing to the growing population, rising income levels, and changing dietary habits across the globe. In addition, water soluble fertilizers are easy to use and provide an efficient way of delivering nutrients directly to the roots of plants, which helps in improving plant growth and yield. These factors are expected to drive the demand for water soluble fertilizers in horticulture and crop applications over the forecast period. Based on type, potassium nitrate is projected to be one of the fastest-growing segments in terms of revenue during 2018-2030 due its high solubility in water and ability to improve soil fertility by providing nitrogen (N) as well as potassium (K) ions simultaneously.
Product Definition:
Water soluble fertilizers are those that dissolve in water and can be readily absorbed by plants. They come in either solid or liquid form, and are typically composed of nitrogen (N), phosphorus (P), potassium (K), and sulfur (S).
Water soluble fertilizers are important for two reasons. First, they provide essential nutrients to plants, which helps them grow healthy and strong. Second, they help to optimize the use of soil moisture. When used correctly, water soluble fertilizers can help prevent runoff loss of fertilizer nutrients due to heavy rains or watering. This is especially important in areas where water resources are limited.
Water-soluble NPK:
Water-soluble NPK is a combination of Nitrogen, Phosphorous and Potassium which are soluble in water. These nutrients are used for the growth of plants and can be applied to soil or directly injected into the plant through irrigation or foliar feeding systems. The product has high absorption ability compared to other traditional fertilizers as it contains microelements such as iron, zinc oxide and magnesium that enhance its efficiency.
Potassium Nitrate:
Potassium nitrate is a salt that contains an ion (KNO3) of potassium and an ion (NO3) of nitrogen. It is usually found in the form of white crystalline powder, which has high solubility in water and easily dissolves in alcohol. The chemical formula for potassium nitrate is K2(NO3)6.
Application Insights:
Crop application accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The expansion of arable land owing to technological developments such as precision agriculture, use of water-soluble fertilizers, and irrigation techniques has been one of the major factors driving product demand in crop applications.
The increasing population across countries such as India, China, U.S., Brazil etc has resulted in an increased demand for food crops which is anticipated to further fuel growth over next eight years. Furthermore, growing urbanization leading to increased consumption of water resulting from industrialization & urbanization will boost industry growth over next few years especially across developing countries like China & India where agricultural activities were previously carried out largely by hand without much mechanized farming practices or modern tools etc which will result in higher product penetration during this period ensuring bumper harvests around 2025 globally speaking!.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing a growing population, increasing food demand and expanding agricultural output. This has resulted in an increased fertilizer consumption across the globe.
North America market for global water soluble fertilizers was dominated by U.S.
The Middle East & Africa (MEA) is anticipated to be one of fastest growing regions from 2018 to 2030 due to rapid development witnessed by various countries including UAE, Saudi Arabia.
Growth Factors:
- Increasing demand for food due to population growth
- Rising awareness about the benefits of water soluble fertilizers
- Government initiatives and subsidies for the use of water soluble fertilizers
- Technological advancements in production processes of water soluble fertilizers
- Growing popularity of organic farming
Scope Of The Report
Report Attributes
Report Details
Report Title
Water Soluble Fertilizers Market Research Report
By Type
Water-soluble NPK, Potassium Nitrate, Potassium Sulphate, Ammonium Phosphates, Calcium Nitrate, Other
By Application
Horticulture, Crop
By Companies
ICL Specialty Fertilizers, SQM, National Liquid Fertilizer, Plant Marvel, Miller Chemical & Fertilizer, Doggett, Ferti Technologies, Timac Agro USA, Garsoni International, Sun Gro Horticulture, PRO-SOL, Grow More, K+S, Haifa, Yara, Master Plant-Prod
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Water Soluble Fertilizers Market Report Segments:
The global Water Soluble Fertilizers market is segmented on the basis of:
Types
Water-soluble NPK, Potassium Nitrate, Potassium Sulphate, Ammonium Phosphates, Calcium Nitrate, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Horticulture, Crop
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ICL Specialty Fertilizers
- SQM
- National Liquid Fertilizer
- Plant Marvel
- Miller Chemical & Fertilizer
- Doggett
- Ferti Technologies
- Timac Agro USA
- Garsoni International
- Sun Gro Horticulture
- PRO-SOL
- Grow More
- K+S
- Haifa
- Yara
- Master Plant-Prod
Highlights of The Water Soluble Fertilizers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Water-soluble NPK
- Potassium Nitrate
- Potassium Sulphate
- Ammonium Phosphates
- Calcium Nitrate
- Other
- By Application:
- Horticulture
- Crop
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Water Soluble Fertilizers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Water soluble fertilizers are those that dissolve in water. This means they can be easily absorbed by plants and used to help them grow.
Some of the key players operating in the water soluble fertilizers market are ICL Specialty Fertilizers, SQM, National Liquid Fertilizer, Plant Marvel, Miller Chemical & Fertilizer, Doggett, Ferti Technologies, Timac Agro USA, Garsoni International, Sun Gro Horticulture, PRO-SOL, Grow More, K+S, Haifa, Yara, Master Plant-Prod.
The water soluble fertilizers market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Water Soluble Fertilizers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Water Soluble Fertilizers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Water Soluble Fertilizers Market - Supply Chain
4.5. Global Water Soluble Fertilizers Market Forecast
4.5.1. Water Soluble Fertilizers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Water Soluble Fertilizers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Water Soluble Fertilizers Market Absolute $ Opportunity
5. Global Water Soluble Fertilizers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Water Soluble Fertilizers Market Size and Volume Forecast by Type
5.3.1. Water-soluble NPK
5.3.2. Potassium Nitrate
5.3.3. Potassium Sulphate
5.3.4. Ammonium Phosphates
5.3.5. Calcium Nitrate
5.3.6. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Water Soluble Fertilizers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Water Soluble Fertilizers Market Size and Volume Forecast by Application
6.3.1. Horticulture
6.3.2. Crop
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Water Soluble Fertilizers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Water Soluble Fertilizers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Water Soluble Fertilizers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Water Soluble Fertilizers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Water Soluble Fertilizers Demand Share Forecast, 2019-2026
9. North America Water Soluble Fertilizers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Water Soluble Fertilizers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Water Soluble Fertilizers Market Size and Volume Forecast by Application
9.4.1. Horticulture
9.4.2. Crop
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Water Soluble Fertilizers Market Size and Volume Forecast by Type
9.7.1. Water-soluble NPK
9.7.2. Potassium Nitrate
9.7.3. Potassium Sulphate
9.7.4. Ammonium Phosphates
9.7.5. Calcium Nitrate
9.7.6. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Water Soluble Fertilizers Demand Share Forecast, 2019-2026
10. Latin America Water Soluble Fertilizers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Water Soluble Fertilizers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Water Soluble Fertilizers Market Size and Volume Forecast by Application
10.4.1. Horticulture
10.4.2. Crop
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Water Soluble Fertilizers Market Size and Volume Forecast by Type
10.7.1. Water-soluble NPK
10.7.2. Potassium Nitrate
10.7.3. Potassium Sulphate
10.7.4. Ammonium Phosphates
10.7.5. Calcium Nitrate
10.7.6. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Water Soluble Fertilizers Demand Share Forecast, 2019-2026
11. Europe Water Soluble Fertilizers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Water Soluble Fertilizers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Water Soluble Fertilizers Market Size and Volume Forecast by Application
11.4.1. Horticulture
11.4.2. Crop
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Water Soluble Fertilizers Market Size and Volume Forecast by Type
11.7.1. Water-soluble NPK
11.7.2. Potassium Nitrate
11.7.3. Potassium Sulphate
11.7.4. Ammonium Phosphates
11.7.5. Calcium Nitrate
11.7.6. Oter
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Water Soluble Fertilizers Demand Share, 2019-2026
12. Asia Pacific Water Soluble Fertilizers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Water Soluble Fertilizers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Water Soluble Fertilizers Market Size and Volume Forecast by Application
12.4.1. Horticulture
12.4.2. Crop
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Water Soluble Fertilizers Market Size and Volume Forecast by Type
12.7.1. Water-soluble NPK
12.7.2. Potassium Nitrate
12.7.3. Potassium Sulphate
12.7.4. Ammonium Phosphates
12.7.5. Calcium Nitrate
12.7.6. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Water Soluble Fertilizers Demand Share, 2019-2026
13. Middle East & Africa Water Soluble Fertilizers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Water Soluble Fertilizers Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Water Soluble Fertilizers Market Size and Volume Forecast by Application
13.4.1. Horticulture
13.4.2. Crop
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Water Soluble Fertilizers Market Size and Volume Forecast by Type
13.7.1. Water-soluble NPK
13.7.2. Potassium Nitrate
13.7.3. Potassium Sulphate
13.7.4. Ammonium Phosphates
13.7.5. Calcium Nitrate
13.7.6. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Water Soluble Fertilizers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Water Soluble Fertilizers Market: Market Share Analysis
14.2. Water Soluble Fertilizers Distributors and Customers
14.3. Water Soluble Fertilizers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ICL Specialty Fertilizers
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SQM
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. National Liquid Fertilizer
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Plant Marvel
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Miller Chemical & Fertilizer
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Doggett
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ferti Technologies
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Timac Agro USA
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Garsoni International
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sun Gro Horticulture
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. PRO-SOL
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Grow More
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. K+S
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Haifa
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Yara
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Master Plant-Prod
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook