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Water-Soluble Fertilizers Market 2023 - Growth by Regional Segments, Upcoming Business Strategies, Industry Revenue And Forecast by 2032
Water-Soluble Fertilizers Market
Water-Soluble Fertilizers Market Size, Growth Rate, And Forecast
The global water-soluble fertilizers market size is expected to grow from $13.78 billion in 2022 to $14.48 billion in 2023 at a compound annual growth rate (CAGR) of 5.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global water-soluble fertilizers market size is expected to reach $17.92 billion in 2027 at a CAGR of 5.5%.
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Water-Soluble Fertilizers Market Drivers
The increasing need for fertilizers that are water soluble is expected to propel the growth of the water-soluble fertilizers market in the coming future. Water-soluble fertilizers are fertilizers that are soluble readily in water and are applied directly to the crop. The increasing need for water-soluble fertilizers is expanding the water-soluble fertilizers market since nutrients can be easily managed by the use of water-soluble fertilizers, and leaching and erosion have little impact on them.
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Water-Soluble Fertilizers Market Segments
• By Type: Nitrogenous, Phosphatic, Potassic, Other Types
• By Form: Dry, Liquid
• By Crop Type: Field Crops, Horticultural Crops, Plantation, Turf And Ornamentals, Other Crop Types
• By Application: Foliar, Fertigation
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Water-Soluble Fertilizers market.
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Water-Soluble Fertilizers Market Key Players
Major competitors in the Water-Soluble Fertilizers market include Nutrien Ltd., ICL Group Ltd., Coromandel International Limited., The Mosaic Company, K+S Aktiengesellschaft, Yara International ASA.
The Business Research Company's "Global Water-Soluble Fertilizers Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Water-Soluble Fertilizers Market Include:
1. Executive Summary
2. Water-Soluble Fertilizers Market Characteristics
3. Water-Soluble Fertilizers Market Trends And Strategies
4. Water-Soluble Fertilizers Market - Macro Economic Scenario
5. Water-Soluble Fertilizers Market Size And Growth
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26. Africa Water-Soluble Fertilizers Market
27. Water-Soluble Fertilizers Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Water-Soluble Fertilizers Market
29. Water-Soluble Fertilizers Market Future Outlook and Potential Analysis
30. Appendix
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