The size of the Liquid Fertilizers market is viewed in terms of the Share of Market, Total Available Market as well as Served Available Market. Not only does the study present the combined revenue for a particular market but also the market size for a specific geographic region. Analysis of percentage or the size of the Total Available Market based on the type of product, technology, regional constraints and others form an important part of the Liquid Fertilizers report.
AgroLiquid AD, in November 2020, launched springuP, a liquid phosphorous product aimed to enhance crop productivity by supplying necessary quantities of phosphorous, nitrogen, and potassium at the early stage.
Moreover, the agile methods to assess various factors including demand and supply status, consumption volume, customer preference, spending capacity and import and export trends work as a boon to those diversifying in a new line of product.
Leading players of the industry include Foxfarm Fertilizer, Yara International ASA, Nutri-Tech Solutions PtyLtd, Plant Food Company Inc., ICL Fertilizers, AgroLiquid AD, Haifa Chemicals Ltd, Compo Expert GmbH, K+S Aktiengesellschaft, and Kugler Company, among others.
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Liquid Fertilizers Industry Service Insight:
The Asia Pacific region occupied a sizeable share of the industry, dominating the global market with a share of 32.0% in 2019. The regional growth is bolstered by the accelerated adoption of precision agriculture technology in the region, increased dependence on nitrogen-based fertilizers, and the rising need to overcome the low quality of the soil.
Manufacturing Process Outlook (Volume, Million Metric Tons; Revenue, USD Billion; 2017–2027)
- Synthetic
- Organic
Compound Outlook (Volume, Million Metric Tons; Revenue, USD Billion; 2017–2027)
- CAN
- MAP
- UAN
- DAP
- Potassium Nitrate
The nitrogen sub-segment is foreseen to dominate the industry growth throughout the projected timeframe. This growth can be ascribed to augmented nitrogen use across the agricultural sector to build amino acids to enhance the biochemical processes that support plant growth. Nitrogen fertilizers are also extensively used to overcome the inadequate availability of the nutrient in the soil.
In market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
