Dublin, May 09, 2019 (GLOBE NEWSWIRE) -- The "Global Water Soluble Fertilizers Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The water soluble fertilizers market will register a CAGR of nearly 6% by 2023.
Increase in demand from developing countries will drive growth
The growth of agriculture to meet the growing food requirement have contributed to the market growth. The growing demand for high quality fertilizers coupled with technology driven irrigation in countries like China India, Brazil are expected to drive the demand for water soluble fertilizers in the coming years.
Growth in fertilizer industry
The global water soluble fertilizers market is witnessing the growth in fertilizer industry. The deficiency of potassium, nitrogen, and phosphorous in soil has increased the use of fertilizers to improve agriculture yield. Increased agricultural activities to meet the food requirements of the growing population will increase the consumption of water soluble fertilizers during the forecast period.
Health concerns regarding the use of water soluble fertilizers
Water soluble fertilizers contains different type of chemicals that are mixed to increase the yield and productivity of crops. Chemicals present in these fertilizers are absorbed by food crops. These chemicals are absorbed by the food crops, which eventually enter the food chain and lead to severe health issues. These chemicals can contaminate water bodies and adversely affect the environment, which will impede the growth of the market.
Competitive Landscape
The market appears to be fragmented and with the presence of several companies. Factors such as the growth in fertilizer industry and growing demand from developing countries, will provide considerable growth opportunities to water soluble fertilizers manufactures. Haifa Group, ICL, Nutrien Ltd., SQM, and Yara are some of the major companies covered in this report.
Key Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY TYPE
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: MARKET SEGMENTATION BY MODE OF APPLICATION
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/dc5y52
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