Key players in the North America Water Soluble Fertilizers Market are Agrium Crop protection, Yara International ASA, SQM Potassium, Apache Corporation, The Mosaic Co & others.
(PRWEB) August 21, 2014
The North American Water Soluble Fertilizers Market report defines and segments the Water Soluble fertilizers market in North America with analysis and forecast of revenue. The Water Soluble fertilizers market in North America is estimated to grow from $3,626.9 million in 2013 to $4,739.7 million by 2018, at a CAGR of 5.5% from 2013 to 2018.
Browse through the TOC of the North American Water Soluble Fertilizers Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the North American market, and is supported by various tables and figures.
North America is one of the major consumers of water soluble fertilizers. The factors responsible for the increased use of water soluble fertilizers are that they are easy to use, save water when applied, and save labor costs. The declining availability of agricultural land due to industrialization and public settlements has created a burden on farmers to increase productivity of the soil and yield of the crops. Water soluble fertilizers are the ready solution to farmers as these ensure uniform distribution of the nutrients to the crops as well as the soil. Water soluble fertilizers are used widely in turfs, horticultural crops, greenhouses, and garden plants. The common mode of application is foliar application.
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The U.S. was the largest market in the region, acquiring 69.8% of the total North American market revenue in 2013. Canada is the emerging market in the North American water soluble fertilizers market. The North American market is segmented and forecast on the basis of types of water soluble fertilizers, such as nitrogenous, phosphatic, and potassic, among others. The market is also segmented on the basis of application, such as field crops, horticulture crops, and turf & ornamentals, among others. Furthermore, the market is segmented and forecast on the basis of the major countries in the region, such as the U.S., Canada, and Mexico.
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This report also includes market share analyses, supply chain & value chain analyses, and market metrics such as drivers & restraints. In addition, it presents a competitive landscape and company profiles of the key players in the market.
Europe Water Soluble Fertilizers Market
Water Soluble Fertilizers-Europe market has been pegged at $4,596.6m in the year 2013 growing at 5.4% annually and is projected to reach $5,970.3m by the end of the year 2018. Water Soluble Fertilizers-Europe constitute 40.2% of Global Water Soluble Fertilizers market and are poised to grow its market share to 40.3% by the end of year 2018.
The southern and south eastern regions of Europe are adversely affected in agricultural sector due to climatic change. The use and efficiency of water soluble fertilizers depends upon the type of soil and other geographical factors essential for agriculture. Nitrogenous water soluble fertilizers and phosphatic water soluble fertilizers may deliver different results for similar conditions.
Asia-Pacific Water Soluble Fertilizers Market
A regional geographical analysis and its suitability for particular type of water soluble fertilizer product will be done. To increase the utility of fertilizer, it is necessary to understand the soil nature as the salinity of the soil will not support acidic fertilizer and vice-versa. This will help in deeper understanding of the market size.
Regions with high precipitation tend to drain away the components of water soluble fertilizers. The analysis of the climate of the Asia-Pacific region will help to understand such pockets where water soluble fertilizers market will be affected due to climatic reasons.
Asia-Pacific, being a developing region lacks advanced western technology. Primitive agricultural practices use fertilizers differently and in varying amounts. The report covers the study of the usage pattern of water soluble fertilizers (nitrogenous, phosphatic, potassic, micronutrients), which is often non-scientific.
The report also covers the study of the usage of water soluble fertilizers in terms of volume, which is often applied arbitrarily.
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