Complex Fertilizers Market Growth Factors 2026: Top Players Yara International ASA, Potash Corporation of Saskatchewan Inc., CF Industries Holdings Inc., The Mosaic Company, Israel Chemicals Limited, Eurochem Group AG
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Major players operating in the global complex fertilizers market include Yara International ASA, Potash Corporation of Saskatchewan Inc., CF Industries Holdings Inc., The Mosaic Company, Israel Chemicals Limited, Eurochem Group AG, Haifa Chemicals Ltd., PJSC PhosAgro, and Adventz Group.
The progress in different sectors of the market that are highly dependent on market characteristics, industry chain, and market dynamics are also appearing in higher demand for the Complex Fertilizers market. Due to the increase of new technologies, the Complex Fertilizers market has been assisted in the development of the industry.
Complex fertilizers (compound fertilizers) are prepared by mixing two or more type of macro-nutrient fertilizers. These fertilizers can be further blended with elements that provide plant nutrients, which are known as trace or secondary nutrients such as calcium, magnesium, and sulfur. Complex fertilizers can be distributed and packaged in granular or liquid form.
Increasing demand for nutrient specific fertilizers along with requirement of high crop yield for biofuel production is expected to drive growth of the complex fertilizers market over the forecast period. For instance, in 2017, the Indian biofuels industry invested US$ 2.25 billion in the upcoming projects over the next years to increase the industry’s value to US$ 7.5 billion by 2022.
In the end, This report additionally presents product specification, producing method, and products cost structure. Production is separated by regions, technology and applications. The Complex Fertilizers Market report includes investment come analysis, and development trend analysis. The key rising opportunities of the fastest growing international Complex Fertilizers industry segments are coated throughout this report.
Asia Pacific was the leading region in the global complex fertilizers market in 2017, with a revenue of US$ 15,769 million and it expected to retain its dominance throughout the forecast period. Increasing demand for food from the countries in this region backed by rising population is one of the major driving factors for growth of the complex fertilizers market in Asia Pacific. For instance, according to the study conducted by Asia Development Bank, 2013, Asia Pacific is expected to account for one-third of the projected 2.6 billion increase in global population between 2010 and 2050, thus requiring additional measures to increase the productivity to serve increasing population.
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Europe expected to witness significant growth in the global complex fertilizers market in 2017, with a market share of 21.18% in the same year. In 2012, the European Innovation Partnership for Agricultural Productivity and Sustainability (EIP-AGRI) was launched to contribute to the European Union's strategy Europe 2020 for smart and sustainable growth. The strategy aims to ensure a steady supply of food, feed, and biomaterials, with the essential natural resources on which the farming depends.
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