Press release
NPK Fertilizers Market is predicted to reach US$ 158.16 Bn by the end of 2032
NPK Fertilizers Market
Fortified composts are enhanced nitrogen and phosphate fertilizer blends with added micronutrients such as iron and magnesium. They are developed to increase the effectiveness of degraded soil. These fertilizers boost crop yield by providing essential nutrients to plants while also protecting the soil. Fertilizer companies are voluntarily fortifying fertilizer products with micronutrients to increase soil fertility and prevent deficiencies in crops.
Request the sample copy of report @ https://www.persistencemarketresearch.com/samples/31977
Due to intense farming techniques, the fertility and quality of soil degrade drastically. Nutrient deficiency is widespread across the world and is driving the demand for NPK fertilizers. Utilization of foliar fertilizers can improve the nutritional quality of plants and improve soil fertility. In many developing nations, modern cropping strategies, rather than traditional cultivation techniques, have resulted in soil nutrient depletion, which is expected to fuel the demand for NPK fertilizers for use in crops and plants.
Furthermore, the utilization of organic manures and fertilizers to meet the nutrient requirements of crops is becoming a popular agricultural practice due to several multifunctional benefits offered by organic fertilizers. Such fertilizers help in improving both, the physical and chemical properties of the soil, which, in turn, aids in proper plant growth and nourishment.
• For instance, Coromandel International, an Indian fertilizer manufacturing company, has introduced GroShakti Plus, an NPK fertilizer fortified with zinc.
• IFFCO offers a bio fertilizer, liquid consortia (NPK), comprising atmospheric nitrogen and phosphorus fixing organisms that help in optimizing crop growth, yield, and production.
Key Takeaways from Market Study
• The South Asia & Pacific region holds the largest market volume share at 31%.
• Latin America and South Asia & Pacific are expected to be high-potential markets for NPK fertilizer suppliers owing to significant utilization of fertilizers in several crops such as wheat, rice, maize, and others.
• On the basis of application, sugar crops are projected to show high potential growth and register a CAGR of 4.4% during the forecast period (2022-2032).
• In the East Asian region, the South Korea market is expected to expand at a significant pace after being valued US$ 908.2 Mn in 2022.
• During COVID-19, the fertilizers market was negatively impacted due to disruptions in the supply chain, global lockdowns, and a limited workforce allowed in production facilities. However, in the recovery phase, manufacturers are focusing on meeting the high demand for NPK fertilizers.
"Popularity of NPK fertilizers among farmers is increasing due to the evolving requirements of nutritional ingredients for their plants and crops. Increasing farmers' awareness about the benefits of utilizing micro & macronutrients in crop production will accelerate market expansion," says a Persistence Market Research analyst.
For In-Depth Competitive Analysis, Buy Now @ https://www.persistencemarketresearch.com/checkout/31977
Competitive Landscape
Key manufacturers engaged in the production of NPK fertilizers are focused on achieving success by expanding their portfolios of essential and advanced crop nutrition products. They are also striving to provide digital solutions and integrated services to help create awareness among farmers regarding product offerings and cater to the ever-growing nutritional needs of the world.
• In February 2020, ICL Group Ltd. acquired Growers Holdings, Inc., an innovator in the field of process and data-driven farming, to help further enhance its digital service offerings and accelerate its global development roadmap.
• Uralchem Group launched the production of complex mineral fertilizers at GEO NPK LLC in Chernyakhovsk, Russia.
Key Players :
• Acron Group
• Aries Agro Limited
• Azomures
• Borealis AG
• Carbotecnia SL
• COMPO Expert GMBH
• Coromandel International Ltd.
• EuroChem Group
• Haifa Negev Technologies Ltd.
• Helena Agri-Enterprises, LLC
• ICL Group
• IFFCO
• J.R. Simplot Company
• MAPCO Fertilizers
• PhosAgro Group
• Sino Arab Chemical Fertilizer Co. Ltd
• Stanley Fertilizer Co. Ltd.
• URALCHEM Group
• Xinyangfeng Fertilizer Co. Ltd.
• Yara International ASA
Explore More Valuable Insights
Persistence Market Research, in its new report, offers an impartial analysis of the global NPK fertilizers market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.
The study offers compelling insights based on form, (liquid, powder), nature (organic, synthetic), product type (phosphorus and potassium (PK) fertilizers, sulphur-based (NK) compound fertilizers, nitro-based compound/ nitrophos (NP) fertilizers, urea-based (NPK) compound fertilizers, chlorine-based compound fertilizers), and application (wheat, rice, maize, oilseeds, fiber, sugar crops, fruits & vegetables, others), across six major regions of the world.
Request For Report Customization @ https://www.persistencemarketresearch.com/request-customization/31977
Contact Us:
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com
About us:
The Food & Beverage team at Persistence Market Research provides all the necessary insights and consulting analysis to fulfil the unique business intelligence needs of clients worldwide. With a catalogue of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release NPK Fertilizers Market is predicted to reach US$ 158.16 Bn by the end of 2032 here
News-ID: 2873147 • Views: …
More Releases from Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for NPK
Global Control And Slow Release NPK Fertilizer Market Size by Application, Type, …
USA, New Jersey- According to Market Research Intellect, the global Control And Slow Release NPK Fertilizer market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The market for control and slow release NPK fertilizer is expanding significantly as a result of growing consumer demand for environmentally…
Global Control And Slow Release NPK Fertilizer Market Size by Application, Type, …
USA, New Jersey- According to Market Research Intellect, the global Control And Slow Release NPK Fertilizer market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
Rising demand for efficient and sustainable farming practices is driving significant expansion in the control and slow-release NPK fertilizer sector. Farmers…
Horticulture Crop Boom To Drive Water-Soluble NPK Fertilizer Market: A Significa …
The Water Soluble NPK Fertilizers Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Water Soluble NPK Fertilizers Market Size and Projected Growth Rate?
The market for water soluble npk fertilizers has seen significant growth recently. The size of the market will surge from…
NPK fertiliser Prices, Monitor, Demand Analysis and Forecast
𝐍𝐏𝐊 𝐅𝐞𝐫𝐭𝐢𝐥𝐢𝐬𝐞𝐫 𝐏𝐫𝐢𝐜𝐞 𝐈𝐧 𝐔𝐒𝐀
𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬: 569 USD/MT
The price for NPK fertiliser in the United States reached 569 USD/MT. The NPK fertiliser market in United States fluctuated throughout the quarter mainly due to the rising demand, excessive supply and mixed energy production costs.
The latest IMARC Group report, "𝐍𝐏𝐊 𝐅𝐞𝐫𝐭𝐢𝐥𝐢𝐬𝐞𝐫 𝐏𝐫𝐢𝐜𝐞𝐬, 𝐓𝐫𝐞𝐧𝐝, 𝐂𝐡𝐚𝐫𝐭, 𝐃𝐞𝐦𝐚𝐧𝐝, 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐍𝐞𝐰𝐬, 𝐇𝐢𝐬𝐭𝐨𝐫𝐢𝐜𝐚𝐥 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐃𝐚𝐭𝐚 𝐑𝐞𝐩𝐨𝐫𝐭 𝟐𝟎𝟐𝟒 𝐄𝐝𝐢𝐭𝐢𝐨𝐧," presents a detailed analysis of NPK Fertiliser…
NPK Fertilizers Market
Nitrogen, Phosphorus and Potassium (NPK) Fertilizers Market report gives detailed explanation of the estimations about the existing state of the market, market size and market share, revenue generated from the product sale, and necessary changes required in the future products are given in an appropriate way.
A swiftly transforming market place increases the value of market research report and hence Nitrogen, Phosphorus and Potassium (NPK) Fertilizers Market report has been…
Global NPK Fertilizer Market 2018 - Yara, Euro Chem., Acron
Eminent Market Reports, recently published a detailed market research study focused on the “NPK Fertilizer Market” across the global, regional and country level. The report provides 360° analysis of “NPK Fertilizer Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of NPK Fertilizer on…
