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Silicon Fertilizer Market Statistics and Overview by Top Manufacturers Agripower, Aries Agro Ltd., BASF SE, Compass Minerals International, Inc., Denka Co. Ltd., MaxSil, Plant Tuff Inc., Redox Pty Ltd.
The global silicon fertilizers market was valued at $87.43 million in 2016 and is projected to reach $125.84 million by 2025, registering a CAGR of 4.1% from 2017 to 2025. In 2016, the field crops application segment accounted for more than 50% share of the global silicon fertilizers market in terms of value.Download Sample Report - www.alliedmarketresearch.com/request-sample/2779?utm_sour...
Silicon is the second most abundant chemical in the earth's crust after oxygen. Naturally, silicon occurs as oxides and silicates and is utilized as a fertilizer owing to the nourishment of crops and resistance to several plant diseases. Silicon plays a large role in plant growth, mineral nutrition, mechanical strength, and resistance to fungal diseases, herbivory, and adverse chemical conditions. Silicon fertilizers help in the development of plant roots, prevent stalk lodging and decrease some abiotic stress, which promotes upright growth of all field or horticultural crops. Silicon fertilizers help plants in retaining other essential micronutrients such as iron, copper, and boron thus improving productivity along with sustainable production of all agronomic crops. Different applications of silicon fertilizer, for example, field crops, hydroponics, and floriculture are expected to exhibit high demand in the future. Field crops and horticultural crops are projected to be the top investment pockets owing to an increase in consumption of food and demand for healthy & nutritious food among the increasing population across the globe.
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Silicon fertilizers are essential elements for plant growth and play an important role in balanced crop nutrition. A silicon deficiency can lead to various diseases in plants such as powdery mildew, septoria and eye-spot, insect pests and others that can reduce the quality and quantity of plants. Silicon enhances the plants ability to resist micronutrient and other metal toxicities such as aluminum, copper, iron, manganese, and zinc, which helps enhance the productivity and growth of crops. Silicon fertilizers find extensive applications in agribusiness, thereby driving the silicon fertilizer industry. The requirement of effective fertilizers is on the rise due to poor soil quality, and therefore, the effectiveness of micronutrients for enhancing the crop yield and productivity with minimum cost have fueled the popularity of silicon fertilizer indirectly among farmers in the recent years.
Comprehensive and Competitive Analysis of Prominent Silicon Fertilizer Industry Players
•Agripower
•Aries Agro Ltd.
•BASF SE
•Compass Minerals International Inc.
•Denka Co. Ltd.
•MaxSil
•Plant Tuff Inc.
•Redox Pty Ltd.
•The Mosaic Company
•Yara International ASA.
Calcium silicate, sodium silicate, potassium silicate, are some of the major types of silicon fertilizers that are required by crops and plants. Calcium silicate is the most commonly used silicon fertilizer, which is obtained as a by-product of steel and phosphorus production. The rise in demand for field crops owing to change in lifestyle and an increase in health awareness has driven the demand for calcium silicate. Moreover, factors that boost the demand for calcium silicate include high yield per hectare and increased requirement of fruits and vegetables globally.
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