The ammonia market was valued at 174,802.54 kilo metric ton in 2020 and The market is projected to register a CAGR of 2.03% during the forecast period (2021-2026). The COVID-19 outbreak is likely to bring several short-term and long-term consequences in various industries, such as agriculture, textiles, mining, and other end-user industries,...
Executive Summary The Global Specialty Fertilizers Market valued at USD 36.63 Billion in the year 2019 and x thousand tonnes by volume has been witnessing unprecedented growth. Specialty fertilizers are an easy and efficient way to supply household or garden plants with nutrients on a regular basis. The ultimate goal of...
The global catalyst fertilizers market was valued at US$ 2,423.32 million in 2019 and is projected to reach US$ 2,992.38 million by 2027; it is expected to grow at a CAGR of 2.8% from 2020 to 2027. Catalysts are essential materials in the industrial production.Approximately 60% of all consumer and industrial products such as fertilizer,...
The Global Agrochemicals Market is projected to register a CAGR of 4% during the forecast period(2020-2025). The rising population across the world, accompanied by rising affluence, is seeing a shift in consumption patterns. There is a need to not just increase production to meet demand but also to ensure that the nutritional needs of an increasingly...
The sulfur fertilizers market is projected to grow at a CAGR of2.2% from 2020 to 2025. The sulfur fertilizers market is estimated to be valued at USD4.6billion in 2020 and is projected to reach USD 5.1billion by 2025, recording a CAGR of 2.2%. Factors such as an increase in sulfur deficiency in soils, depletion of sulfur...
About Nitrogenous Fertilizers Nitrogen is an essential requirement in plant proteins. While it is present abundantly in the Earth's atmosphere, several plants are incapable of converting them into a form they can use. Hence nitrogenous fertilizers are used as a substitute and aid in enhancing plant growth rates, and color and texture of...
About agrochemicals Agriculture accounted for 5.6% of the GDP of Brazil. Brazil is currently one of the leading manufacturers and exporters of fibers, food, energy, and meat. It is also one of the largest producers of soybeans, corn, coffee, sugarcane, oil plants, grapes, oranges, beef, poultry, meat, and pork. The population of Brazil...
The last couple of years has witnessed a decline in the value of the Canadian fertilizer industry. Meanwhile, on the other hand, industry volumes have been growing at a strong pace as compared to the market value. Market volume is further expected to grow in the coming years. The year 2013 saw a major shake-up of the global fertilizer...
While the US fertilizer industry grew at strong rates in the last couple of years, since 2013-2014 the market has been witnessing a decline in both value and volume terms. The industry is expected to continue to decline in the near future as well. Nitrogen (N) remained the largest segment of the fertilizer market in 2014 in the United States,...
The fertilizer additives market is projected to grow at a CAGR of 2.6% from 2016, to reach USD 2.91 billion by 2021. The market is driven by factors such as the increasing demand for fertilizers due to the increase in pressure on global food production and development in fertilizer manufacturing technologies. The high growth potential...