Chemical Fertilizers Market Study, Synthesis and Summation 2020-2022 | Nutrien Ltd., Yara International, The Mosaic Company

Global Chemical Fertilizers Market, delivering a must-read report for industry stakeholders wanting to understand the strategic landscape of this increasing sector. Readers will find an in-depth analysis of the market and how it will impact existing traditional markets, as well as insights into future development and opportunities across the globe.

The global market for chemical fertilizers reached a value of nearly $104.9 billion in 2018, having declined at a compound annual growth rate (CAGR) of -3.3% since 2014. The market is expected to grow at a CAGR of +3.7% to nearly $121.3 billion by 2022.

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Key Players:

Nutrien Ltd., Yara International, The Mosaic Company, CF Industries Holdings Inc. and Israel Chemicals Ltd., request a sample for a complete list of companies.

The leading players of the industry, their market share, product portfolio, company profiles are covered in this report. The competitive market scenario among players will help the industry aspirants in planning their strategies.

The fertility treatment market covered in this report is segmented by product into reagents, equipment. It is also segmented by end-user into fertility clinics, hospitals, surgical centers, clinical research institutes.

Such growth as there was in the historic period resulted from growth in emerging markets, government support, a low-interest environment, government subsidies, and intensive farming techniques. Factors that negatively affected growth in the historic period were safety regulations, erratic rainfall, overcapacity in food production, and rising prices for natural gas. Going forward, global population growth, economic growth, and adoption of advanced technologies will drive growth. Factors that could hinder the growth of this market in the future are rising interest rates, reductions in free trade, soil erosion, government regulations, increasing use of bio-fertilizers, alternative farming practices, and rising demand for organic food products.

The market can be segmented by type of nutrient into nitrogen, phosphate, and potash. In terms of value, nitrogen accounted for the largest share of the fertilizer market in 2018 at 53.6%. The potash market is expected to be the fastest-growing segment going forward at a CAGR of 5.1%. Major drivers of the potash market segment include economic growth and the adoption of advanced technologies.

The nitrogen fertilizers market can be further segmented by type into urea, nitrogen - ammonium phosphate, nitrogen others (other nitrogen fertilizers), nitrogen NPK, ammonium sulfate, and calcium ammonium nitrate. In terms of volume, urea accounted for the largest share of the nitrogen market in 2018 at 46.4%. The urea segment is expected to decline at a CAGR of -0.1%.

The phosphate fertilizers market can be further segmented by type into SSP, TSP, phosphate - ammonium phosphate, phosphate NPK, and phosphate Others (other phosphate fertilizers),. In terms of volume, phosphate - ammonium phosphate accounted for the largest share of the phosphate market by type in 2018, at 50.3%.

The potash fertilizers market can be further segmented by type into potassium chloride, potassium sulfate, potash-NPK, and potash-others (other potash based fertilizers). In terms of volume, potassium chloride accounted for the largest share of the potash market by type in 2018, at 56.4%.

Markets Covered:

By type of nutrient - nitrogen, phosphate, and potash
By crop category - cereals, oilseeds, vegetables, fruits, and others
By the method of application - broadcasting, drop spreading, fertigation and foliar spray

Market Segment by Regions:

Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, and Australia

These segments are thoroughly evaluated on an individual basis and a team of analysts has ensured to give a crystal clear idea about various lucrative segments of the industry. This detailed analysis using segmentation by providing precise results on industry-related markets.

The report also analyzed the evolution of industry trends. Several macroeconomic factors such as Gross domestic product (GDP) and the increasing inflation rate is expected to affect directly or indirectly in the development of the industry.

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Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or 3 countries or nearly 40 analyst hours. 

Note:

All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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