Vancouver, British Columbia, Jan. 20, 2021 (GLOBE NEWSWIRE) -- The global liquid fertilizer market is expected to reach a market size of USD 3.07 Billion at a CAGR of 3.8% during the forecast period, according to latest analysis by Emergen Research. Constantly increasing global population is a key factor driving demand for food products and grains etc., which has been resulting in increasing fertilizer consumption. Concerns regarding the effects of hazardous chemicals on the environment and potential adverse effects on humans and animals health is another factor driving increasing shift towards more safe and eco-friendly fertilizer products. Governments of various countries are promoting adoption and use of eco-friendly fertilizers (EFFs) in the field of agriculture.
Various NGOs are also organizing farmer education programs in order to share information about EFFs and their benefits in the long term. Hence, awareness about using liquid fertilizers among farmers has increased significantly as a result of such programs over the recent past.
Claim Your FREE Sample Copy with Table of content@ https://www.emergenresearch.com/request-sample-form/461
The key element in liquid fertilizers is nitrogen, which accelerates growth of plants and helps in the photosynthesis process. These fertilizers basically come in water soluble form, which makes their absorption easy.
The contribution of liquid fertilizers to the agriculture sector is remarkable, and this form of fertilizers offer maximum uniformity, which, in turn provides consistent coating, thereby enabling better nutrient reach to plants in any environment.
Companies Profiled in Cold Plasma Market Report Include:
Yara International ASA, AgroLiquid AD, Nutri-Tech Solutions Pty Ltd., ICL Fertilizers, Haifa Chemicals Ltd., Plant Food Company Inc., K+S Aktiengesellschaft, Compo Expert GmbH, Kugler Company, and Foxfarm Fertilizer.
Further Key Findings from the Report Suggest:
- In September 2019, Ruralco Holdings Limited (Ruralco) was acquired by Nutrien, Ltd., and this enabled Nutrien to expand its business in Australia.
- In June 2019, EuroChem Group increased its fertilizer production by introducing a third blending plant in Brazil. The new facility is spread over an area of 27,000 square meters. This was another move for the ongoing expansion of Fertilizantes Tocantins (FTO), which is a subsidiary of EuroChem, operating as a major fertilizer distribution business in Brazil.
- In December 2020, Brineflow LTD., which is a manufacturer of liquid nitrogen fertilizers, started the construction of a terminal at the port of Sunderland, U.K. in order to maintain its storage and import activities to meet growing requirement for liquid fertilizers in the agriculture sector.
- Asia Pacific is expected to account for 35.2% share of the global market revenue during the forecast period, which can be attributed to continuous adoption of updated technologies to improve crop yield.
Check Our Prices@ https://www.emergenresearch.com/select-license/461
For the purpose of this report, Emergen Research has segmented the global liquid fertilizer market based on nutrient type, manufacturing process, compounds, crop type, fertilizer application method, and region:
- Nutrient Type Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2017–2027)
- Phosphorus
- Nitrogen
- Potassium
- Micronutrients
- Manufacturing Process Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2017–2027)
- Organic
- Synthetic
- Compound Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2017–2027)
- CAN
- UAN
- MAP
- DAP
- Potassium Nitrate
- Crop Type Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2017–2027)
- Cereals
- Oilseeds
- Fruits
- Pulses
- Fertilizer Application Method Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2017–2027)
- Direct Soil Application
- Fertigation
- Foliar Spray Application
Click to access the Report Study, Read key highlights of the Report and Look at Projected Trends: https://www.emergenresearch.com/industry-report/liquid-fertilizers-market
- Regional Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2017–2027)
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- Rest of MEA
- North America
Take a Look at our Related Reports:
Spherical graphite market size was valued at USD 2,435.8 Million in 2019 and is forecasted to reach USD 9,598.8 Million by 2027 at a CAGR of 18.6%. The spherical graphite market is observing a double-digit growth attributed to its increasing usage in lithium-ion battery production.
Sodium dichromate market size was valued at USD 759.2 Million in 2019 and is forecasted to reach USD 1,242.4 Million by 2027 at a CAGR of 6.3%. The sodium dichromate market is observing high demand attributed to its increasing application in pigment, metal finishing, chromium compounds preparation, leather tanning, and wood preservative.
Acoustic insulation market size was valued at USD 12.94 Billion in 2019 and is forecasted to reach USD 19.64 Billion by 2027 at a CAGR of 5.3%. The acoustic insulation market is observing high demand attributed to its increasing application in building & construction, automotive, aerospace, and manufacturing.
About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Facebook | LinkedIn | Twitter | Blogs
Read Full Press Release@ https://www.emergenresearch.com/press-release/global-liquid-fertilizer-market