openPR Logo
Press release

Global Humic Acid Market Analysis, Share, Growth, Trends and Forecast- 2024

Global Humic Acid Market Analysis, Share, Growth, Trends

Transparency Market Research has released a new market report titled “Humic Acid Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.” According to the report, the global humic acid market was valued at US$387.1 Mn in 2015 and is anticipated to reach US$1,041.7 Mn by 2024, expanding at a CAGR of 12.1% between 2016 and 2024.Humic acid is a type of high polymer heterogeneous aromatic materials that contains various types of active groups such as phenolic hydroxyl, etc. Humic substances provide an economical and concentrated form of organic matter that can possibly act as a replacement for humus depletion, which is caused as a result of the conventional fertilization methods.

Get PDF Brochure for more Professional and Technical insights :
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2048

Humic acids are employed in various applications such as agriculture, horticulture, dietary supplements, and ecological bioremediation. Growth in agriculture and horticulture applications is primarily estimated to augment the global humic acid market in the next few years. Rising concern about the usage of chemical fertilizers and increasing demand for organic foods are projected to boost the demand for humic acid during the forecast period. However, inconsistency in quality of commercially available humic acid is likely to hamper market growth. High growth potential in emerging economies is expected to offer immense opportunities to the humic acid market during the forecast period.

In terms of application, agriculture was the largest segment of the global humic acid market, constituting more than 50% volume share in 2015. Horticulture was the second largest application segment of humic acid in 2015. Agriculture is anticipated to be the fastest growing segment owing to increasing awareness about the usage of humic acid in developing countries.

Developed regions are likely to dominate the humic acid market in the next few years, owing to awareness among the end-users and easy availability of raw materials. North America is expected to be the largest market for humic acid, followed by Europe, during the forecast period. The humic acid market in Asia Pacific is also anticipated to expand significantly, owing to the increasing demand for food and rising pressure to obtain maximum output from cultivable land. The global market for humic acid is estimated to expand substantially in the near future.

The global humic acid market is fragmented. Key players in the humic acid market include Biolchim S.p.A., HCM Agro Products Private Ltd., Humintech GmbH, Humic Growth Solutions, Jiloca Industrial, S.A., Omnia Holdings Limited, Saint Humic Acid, Sikko Industries Ltd., Arihant Bio Fertichem Pvt. Ltd., Shandong Chuangxin Humic Acid Technology Co. Ltd., Black Earth Humic LP, Minerals Technology Inc., and Horizon AG-Products.

The report segments the global humic acid market as follows:
Humic Acid Market - Application Analysis
Agriculture
Ecological Bioremediation
Horticulture
Dietary Supplements
Others (Including drilling fluids, etc.)

About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

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 Global Humic Acid Market Analysis, Share, Growth, Trends and Forecast- 2024 here

News-ID: 412711 • Views: 325

More Releases from Transparency Market Research

Wearable EEG Devices Market: Growing incidences of Neurovascular Disorders is Dr …
According to new market research titled 'Wearable EEG Devices Market to 2027 - Global Analysis and Forecasts by Channel and Application.' The global wearable EEG devices market is expected to reach US$ 1,556.35 Mn in 2027 from US$ 745.05 Mn in 2018. The market is projected to grow with a CAGR of 8.7% from 2019-2027. The report provides trends prevailing in the global wearable EEG devices market and the factors
Decentralized Electricity Generation Market - Global Industry Analysis, Share, G …
Global Decentralized Electricity Generation Market: Overview With the increasing installation of smart grids and the rising number of electricity generation resources, the power generation industry has been undergoing a significant change over the recent past. The modification in the grid structure, which permits decentralization of electricity generation, is acting as the main driving force behind the substantial growth of the global market for decentralized electricity generation. The main objective of this research
Global Sucralose Market Outlook In The Developed And Emerging Industry
Sucralose Market Overview Sugar substitute market is witnessing an increasing demand driven by the increasing sales of various sugar substitutes such as natural sweeteners and artificial sweeteners. Sucralose, an artificial sweetener used as a sugar substitute is highly preferred by consumers owing to its zero calorie attribute. Though sucralose is 600 times sweeter than sugar but interestingly it is not identified as the carbohydrate by the human body. Sucralose has its
Flavored Syrup Market - Growth Powered with Latest Development Scenario & Influe …
Flavored Syrup Market Introduction Global syrup market is witnessing a significant demand generated by the food and beverage industry. Consumers' increasing preference for different and personalized flavors in food has driven the syrup manufacturers to produce a wide range of flavored syrups. Flavored syrups contain artificial or natural flavorings mixed along with sugar and water. Obtain Report Details @ https://www.transparencymarketresearch.com/flavored-syrup-market.html Increasing demand of flavored syrups especially among the consumers contributes to the

All 5 Releases


More Releases for Humic

Global Humic Acid Market - Biolchim S.p.A., Humintech GmbH, Humic Growth Solutio …
A fresh report titled “Humic Acid Market: Market Size, Trends & Opportunity Outlook – Forecast to 2023” has been presented by KD market insights. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Humic Acid Market. The competition analysis is also a major part of
Humic Acid Market Size| Industry Research Report, 2018 – Leading Key Players - …
Synopsis of Humic Acid Market Humic Acid is a mixture of different acids containing both phenolate and carboxyl groups. Humic Acid is produced mainly from the biodegradation of dead organic matter. These acids are extensively used as soil supplements in agriculture and horticultural applications. The major applications of the Humic Acid include as dietary supplements, agriculture, ecological bioremediation, horticulture, and others. The growing population across the globe has substantially reduced the
Humic Acid Market
The global humic acid market features a highly fragmented and thus a largely competitive vendor landscape, having a large number of regional and international vendors, observes Transparency Market Research in one of its recent market research reports. Some of the leading companies having considerable brand value in the market are Arihant Bio Fertichem Pvt. Ltd., Black Earth Humic LP, Humic Growth Solutions, Biolchim S.p.A., Jiloca Industrial, S.A., Humintech GmbH, Saint
High Use Of Humic Acid In Horticulture Will Drive The Global Humic Acid Market
SAN FRANCISCO, NOV. 06, 2017 Global Humic Acid Market Report, published by Variant Market Research, forecast that the global market is expected to reach $1,045 million by 2024 from $426 million in 2016; growing at a CAGR of 11.9% from 2016 to 2024. Some of the major drivers of global humic acid market are increasing trend of organic farming, growing need to increase metabolism rate in humans, high use of humic
Humic Acid Market Evolving Industry Trends 2024
The global market for humic acid, which is rated highly among the most chemically active compound and contains essential phytochemical groups that are highly useful for various applications in agriculture and dietary supplements, is driven by a number of factors, and is projected for a strong CAGR 12.1% during the forecast period of 2016 to 2024, according to the report by Transparency Market Research (TMR). Some of the key factors
Global Humic Acid Market: Top Manufacturers - Humic Growth Solutions, Creative I …
Latest industry research report on: Global Humic Acid Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Request For Sample Report @ http://www.marketresearchreports.biz/sample/sample/1110897 This report studies Humic Acid in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. This report focuses on top manufacturers in global