Press release
Liquid Fertilizers Market Surge Towards Solid Growth by 2024
Liquid fertilizers are nothing but normal fertilizes in the form of liquid. They can be natural or synthetic in nature. They are preferred more than the traditional fertilizers due to their ability to mix properly with the soil and give better results.
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Global Liquid Fertilizers Market: Growth Factors
The global liquid fertilizers market is likely to elevate in the coming future. The ability of liquid fertilizers to give better performance is the main reason that has elevated the growth of the global market. Moving forward, rise in the demand of these fertilizers is also boosting the growth of the global market. Moreover, use of advanced technology in the production of the supplements is also towering the growth of the liquid global fertilizers market. Additionally, growing demand from the people to have quality food is also one of the main reasons that are driving the global market.
On the other hand, the high cost for production of these fertilizers is the main reason hindering the growth of global liquid fertilizers market. Moreover, high value for transportation is also one of the significant reasons that are restraining the growth of the global market. Besides this, side effect from synthetic fertilizer is also one of the reasons that are hindering the growth of the global liquid fertilizers market. Lack of job opportunities and high labor charge is also ending a helping hand for the decrement in the growth of global market.
Global Liquid Fertilizers Market: Segmentation
Based on the type, the global market for liquid fertilizers is mainly classified as phosphorus, nitrogen, micronutrients, potash, and others.
On the basis of crop types, the global market is segmented into fruits & vegetables, cereals & grains, turf & ornamentals, oilseeds & pulses, plantation crops, forage, and others.
Based on source, the global market for liquid fertilizers is mainly bifurcated as organic and synthetic.
On the basis of crop types, the global market is divided into foliar, soil, starter solution, fertigation, areal applications, and others.
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Global Liquid Fertilizers Market: Regional Analysis
The global liquid fertilizers market is geographically segmented as Latin America, Asia Pacific, North America, and Rest of the World. Rising demand from the people to eat healthy and quality food is one of the main factors that are towering the global market in North America. Rising demand from the industry has boosted the global market in Asia Pacific. However, the remaining part of the world will witness a decrease in the growth of the global market due to the rising side effects from the synthetic fertilizers.
Global Liquid Fertilizers Market: Competitive Players
Key players in the global market for liquid fertilizers are E. I. du Pont de Nemours and Company, BASF SE, Bayer Cropscience AG, The Dow Chemicals Company, K+S Aktiengesellschaft, Agrium Inc., Israel Chemicals Ltd., Yara International ASA, HebeiMonband Water Soluble Fertilizer Co., Ltd., Sociedad Quimica Y Minera SA (SQM), The Mosaic Company, and Coromandel International Ltd.
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Global Liquid Fertilizers Market: Regional Segment Analysis
North America
U.S.
Europe
Germany
France
UK
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa
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