Fertilizers Market 2021 Global Analysis, Growth, Size, Share, Trends by Bunge Limited, Nutrien Ltd, SQM S.A., Syngenta AG, Haifa Chemicals Ltd., Yara International ASA etc. and Forecast till 2027

MARKET INTRODUCTION

Fertilizers are chemical compounds added to soil in order to improve their fertility or to supply plant nutrients essential for growth. They help in modifying the aeration and water retention properties of the soil thereby improving its effectiveness. Monocropping gradually leads to the depletion of certain nutrients from soil. Fertilizers, in this case, play an important role in replenishing soil nutrients required for proper growth.

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MARKET DYNAMICS

The fertilizers market is anticipated to grow in the forecast period owing to driving factors such as technological innovations in the fertilizer industry and growing food demands affected by shrinkage of land area available for cultivation. A surge in demand for bio-based and micronutrient fertilizer further boost the fertilizers market growth. However, regulatory constraints and high production costs associated with the use of fertilizers negatively impact the fertilizers market. On the other hand, increasing usage of the product in the horticulture industry offers lucrative opportunities for market players during the forecast period.

MARKET SCOPE

The "Global Fertilizers Market Analysis to 2027" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of fertilizers market with detailed market segmentation by type, application and geography. The global fertilizers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fertilizers market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global fertilizers market is segmented on the basis of type and application. Based on type, the market is segmented as nitrogenous, phosphatic, potassic, micronutrients and others. On the basis of the application the market is segmented as grains & cereals, pulses & oil seeds, fruits & vegetables, commercial crops and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global fertilizers market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The fertilizers market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting fertilizers market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the fertilizers market in these regions.

MARKET PLAYERS

Bunge Limited
CF Industries Holdings, Inc.
Haifa Chemicals Ltd.
Israel Chemicals Ltd. (ICL)
Nutrien Ltd.
SQM S.A.
Sumitomo Chemical Company, Limited
Syngenta AG
The Mosaic Company
Yara International ASA

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