Global Complex Fertilizers Market Analysis & Forecasts 2017-2026, With an Expected CAGR of Almost 8% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jun 13, 2018--The “Complex Fertilizers - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to the publisher, the Global Complex Fertilizers market is expected to grow from $36.59 billion in 2017 to reach $72.58 billion by 2026 with a CAGR of 7.9%.
Increasing demand for greenhouse production, rising crop demand for animal feed and rising awareness about soil profile & nutritional balance and increasing markets for fruits & vegetables are some of the key factors propelling the market growth.
Complex fertilizers include unstable ratios of two or three macronutrients required by plants. Their function simplifies the mission of balancing soil nutrients and boosts yields. Complex fertilizers provide crops through essential nutrients in a form favorable for plant nutrition, assuring peak efficiency in a variety of climatic conditions. They offer a wider variety of options and can be customized to satisfy demand in accordance with specific soil compositions.
Based on Type, an incomplete complex fertilizer has a considerable growth in the market due to increasing awareness on multi nutrient complex fertilizers in the soil. Incomplete fertilizers are usually used to overcome specific nutrient deficiencies in the soil. Incomplete complex fertilizer such as diammonium phosphate and monoammonium phosphate are the most commonly used around the globe.
Asia Pacific region is the largest consumer of complex fertilizers. The region is mainly dominated by significant operations, through a planned distribution chain. Asia Pacific largely consists of marginal farmers practicing conventional farming methods.
Companies MentionedYara International ASA Ocp S.A Eurochem Group AG Helena Chemical Company CF Industries Holdings, Inc Sociedad Qumica Y Minera De Chile SA Haifa Chemicals Ltd. Coromandel International Ltd. J.R. Simplot Company Gujarat State Fertilizers & Chemicals Potash Corporation of Saskatchewan Inc. Hebei Monband Water Soluble Fertilizer Co., Ltd. Azomures The Mosaic Company Agrium Inc. Kugler Company Israel Chemicals Limited Phosagro
Key Topics Covered:
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Complex Fertilizers Market, By Crop Type
6 Global Complex Fertilizers Market, By Type
7 Global Complex Fertilizers Market, By Form
8 Global Complex Fertilizers Market, By Geography
9 Key Developments
10 Company Profiling
For more information about this report visit https://www.researchandmarkets.com/research/jmqqrl/global_complex?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180613005546/en/
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Related Topics:Agrochemicals and Fertilizers,Fertilizer
INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS NATURAL RESOURCES AGRICULTURE
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 06/13/2018 07:53 AM/DISC: 06/13/2018 07:53 AM