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Global Water Soluble Fertilizers Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
Stratistics MRC's Global Water Soluble Fertilizers Market value is expected to reach $26.60 billion growing at a CAGR of 7.6% during 2022-2028.Water-soluble fertilizer has a comparatively high absorption and utilisation rate since it is made up of several compounds and may be dispersed in water, making it easier for crops to absorb. This fertilizer can be used to easily supply the fixed amount of nutrients that are available to the plants. Due to its compatibility with modern irrigation technology, it not only conserves water and fertilizer but also labour costs. In addition, compared to chemical fertilizers, water-soluble fertilizer has a lower conductivity and is simpler to adjust for fertilizer concentration. Young seedlings can use it as a safe chemical alternative which drives the market.
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Europe is projected to have the highest CAGR over the forecast period, owing to the widespread use of specialist fertilisers in nations like France, Spain, and Russia. The market is growing as a result of Europe's changing climate and the increasing penetration of international producers of speciality fertilisers in the European market. Additionally, the market size in Europe will increase as regional conventional fertiliser leaders expand their enterprises into the above mentioned fertiliser area encouraging the market growth.
Some of the key players profiled in the Water Soluble Fertilizers Market include Yara International ASA, Agrium Inc, K+S Aktiengesellschaf, Coromandel International Limited, Compo GmbH & Co, SQM, Nutrien Ltd, Haifa Chemicals Limited, The Mosaic Company, EuroChem, Qatar Fertilize, COMPO EXPERT, Bayer CropScience AG, Corteva Agriscience, BASF SE and Syngenta AG.
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Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
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Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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