Global Silicon Fertilizer Market by Manufacturers, Countries, Type and Application, Forecast to 2025

The report on the global silicon fertilizer market is segmented based on type, form, application, and geography. Based on form, the global silicon fertilizer market is bifurcated into liquid and solid silicon fertilizers. According to type, the silicon fertilizer market is segmented into calcium silicate, potassium silicate, and sodium silicate. By application, the report is segmented into field crops, horticultural crops, hydroponics, and floriculture. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Silicon enhances growth and yield of all agronomic or horticultural crops, promotes upright growth, prevents lodging, promotes favorable exposure of leaves to light, provides resistance to bacterial and fungal diseases and decreases abiotic stress such as temperatures, salinity, heavy metal, and aluminum toxicity. It also enhances the plant’s ability to resist micronutrient and other metal toxicities such as aluminum, copper, iron, manganese, zinc, and others. Silicon fertilizers are also employed in different crops such as barley, wheat, corn, sugarcane, cucumber, citrus, tomato, and others for increased productivity along with sustainable production. Benefits offered by silicon fertilizer on plant growth is driving sales of silicon fertilizer products.

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Increase in population and rise in economy of the developing countries have fueled the consumption of food. In addition, agricultural land is lost after it is used for other purposes, such as highways, housing, and factories. Hence, it is important to maintain the nutrient level in crops & soil to enhance the productivity and growth of crops. To produce enough food for population across the globe with available cultivable land, farmers are incorporating micronutrients with other essential ingredients for agriculture in the form of fertilizers.

Factors such as the appeal for quality and uniform crop yield due to the population expansion across the globe and decrease in cultivable land fuel the demand for agricultural micronutrients. This fact is indirectly driving the demand for silicon fertilizer, as silicon fertilizers produce a maximum yield with minimum cost. However, due to lack of awareness, silicon fertilizers are not yet extensively used in agriculture. This fact restrains the growth of the silicon fertilizer market. Along with this, lack of analytical laboratories to test plant tissue for the nutrient requirement and the soil tests for gauging the amount of silicon for many agronomic or horticultural crops also restrict the market growth. Furthermore, the adoption of new methods of farming for improving productivity is expected to provide lucrative opportunities for silicon fertilizer products.

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Top market players in the global silicon fertilizer market include Agripower, Aries Agro Ltd, BASF SE, Compass Minerals International, Inc., Denka Co. Ltd., MaxSil, Plant Tuff Inc., Redox Pty Ltd., The Mosaic Company, and Yara International ASA.

Related Report:

Global Compound fertilizer Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023

This report focuses on the Compound fertilizer in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Organic compounds include fish, bone meal, manure, and compost. Inorganic fertilizers combine various chemicals in the manufacturing process. The essential plant nutrients are phosphorus, nitrogen, and potassium, which are required for plants to complete their life cycle. Secondary nutrients are sulfur, calcium, and magnesium, which are present in the soil but need to be replenished periodically. Trace elements might be added, such as boron, copper, and cobalt.

The worldwide market for Compound fertilizer is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new study.

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