Agrium Inc. (Canada), Israel Chemical Ltd. (Israel) and Yara International ASA (Norway) companies are the most active market participants.
(PRWEB) December 18, 2013
The report “Water Soluble Fertilizers Market by Types (Nitrogenous, Phosphatic, Potassic, Micronutrients), Applications, (Fertigation, Foliar Application), Crop Types (Field, Horticultural, Turf & Ornamentals) & Geography - Trends & Forecasts to 2018”, defines and segments the global water-soluble fertilizers market with analysis and forecasting of the global volume and revenue for the water-soluble fertilizers. It also identifies the driving and restraining factors for the global market with analysis of trends, opportunities, burning issues, winning imperatives, and challenges. The market is segmented and revenue is forecasted on the basis of major regions such as North America, Europe, Asia-Pacific, and Rest of the World (ROW). The key countries are covered and forecasts for each region. Further, the market is segmented and revenue is forecast on the basis of type, crop type, application, and geography.
Browse 112 market data tables and 14 figures spread through 290 pages and in-depth TOC on “Water Soluble Fertilizers Market by Types (Nitrogenous, Phosphatic, Potassic, Micronutrients), Applications, (Fertigation, Foliar Application), Crop Types (Field, Horticultural, Turf & Ornamentals) & Geography - Trends & Forecasts to 2018”
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The global market for water-soluble fertilizers in terms of revenue was estimated to be worth around $10,758.7 million in 2012 and is expected to reach $ 14,709.4 million by 2018, growing at a CAGR of 5.3% from 2013 to 2018.
The Water Soluble Fertilizers Market is driven by the associated advantages such as easy application, uniform distribution of nutrients to the crops, and less labor costs. Other demand driving factors of the industry are increasing network of micro irrigation systems and wider applications in greenhouses. High efficiency of water-soluble fertilizers is making the farmers to switch to the water-soluble fertilizers.
The leading manufacturers are focused on expansion of the business across regions and setting up new plant for increasing production capacity as well as product line. The major industry participants are involved in mergers & acquisitions to penetrate in untapped markets of Asia-Pacific and Latin America.
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