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Global Water Soluble Fertilisers Market: By Form: Liquid, Dry; By Product: Nitrogenous, Phosphatic, Potassic, Others; By Mode: Foliar, Fertigation; By Crop Type; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Water Soluble Fertilisers Market Outlook

The global water soluble fertilisers market stood at a value of around USD 15.1 billion in 2020. The market is further expected to grow at a CAGR of 4.8% in the forecast period of 2021-2026 to attain a value of nearly USD 19.7 billion by 2026.

 

Increasing Utilisation of Fertigation to Improve Fertility and Control Nutritional Deficiency to Bolster the Water Soluble Fertilisers Industry Growth

Based on mode of application, the fertigation segment is likely to account for a significant share in the market over the forecast period. This can be attributed to the rising popularity of fertigation owing to the increasing acceptance of micro irrigation and precise irrigation techniques involved in this segment. The water soluble fertiliser is an essential component in the fertigation, especially during the initial development stages of a plant, as it helps provide all the necessary nutrients required for optimal plant growth. This is aiding the growth of the segment.

 

Global Water Soluble Fertilisers Market

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Rising Demand for Nitrogenous Fertilisers to Augment the Market Growth

On the basis of product, nitrogenous fertilisers accounted for a significant share in the market and are likely to witness a healthy growth over the forecast period. Nitrogenous fertilisers are readily soluble in water and are easily available commercially. Meanwhile, the suitability of potassic fertilisers for fertigation is likely to propel its sales over the forecast period, making this segment accountable for a considerable share in the market.

 

Increase in Horticulture Crop Production to Bolster the Market Growth

The horticultural crops, based on crop type, are anticipated to account for a significant share in the market over the forecast period. The demand for this type of crop is rapidly growing, mainly due to the rising preference for high-value crops and nutrition rich diet. The rising demand for fruits and vegetables, owing to the rising population all over the world, is expected to provide a further impetus to the segment growth.

 

The Asia Pacific to Account for a Significant Share in the Water Soluble Fertilisers Market

The Asia Pacific is likely to witness a significant growth rate over the forecast period owing to the presence of densely populated economies such as India, China, Pakistan, Vietnam, and Bangladesh in the region. The increased demand for raw materials in the food industry and the growing focus on food security and sustainability in emerging economies are expected to further aid the market growth. Moreover, the favourable government initiatives to support the agriculture industry are expected to further propel the industry growth in the region.

 

Water Soluble Fertiliser: Industry Definition and Segmentation

Water soluble fertiliser is defined as a fertiliser that can be easily dissolved in water, and, thus, is added to the soil to increase its productivity. It is a multi-compound fertiliser, which can be easily absorbed by the crops. Further, its absorption and utilisation is relatively high as compared to the conventional chemical fertilisers.

Based on form, the market is divided into:

  • Liquid
  • Dry

On the basis of product, the industry is segmented into:

  • Nitrogenous
  • Phosphatic
  • Potassic
  • Others

The major types of nitrogenous fertilisers are:

  • Urea
  • Ammonia
  • Ammonium Nitrate
  • Urea-Ammonium Nitrate
  • Others

The different types of phosphatic fertilisers are:

  • Phosphoric Acid 
  • Monopotassium Phosphate
  • Monoammonium Phosphate
  • Diammonium Phosphate
  • Others

The major types of potassic fertilisers are:

  • Potassium Chloride
  • Potassium Nitrate
  • Potassium Sulphate
  • Others

On the basis of mode of application, the market is divided into:

  • Foliar
  • Fertigation

By crop type, the industry can be segmented into:

  • Field Crops
  • Horticultural Crops
  • Plantation
  • Turf and Ornamentals
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Increasing Focus on Food Security and Sustainability to Boost the Growth of the Water Soluble Fertilisers Industry

The global water soluble fertilisers industry is driven by the increasing demand for food in order to feed the growing population of the world. The water soluble fertilisers are an essential component in the agriculture industry as they prevent nutritional deficiency in crops and reduce the risk of crop loss. The use of these fertilisers provides the sufficient amount of nutrients required for the healthy growth of crops, thus, enhancing the quality of the yield produced, which is further required for human consumption. Over the forecast period, the market is expected to be further propelled by the increasing adoption of modern irrigation techniques by farmers, which require a significant amount of water soluble fertilisers.

 

Key Industry Players in the Global Water Soluble Fertilisers Market

The report gives a detailed analysis of the following key players in the global water soluble fertilisers market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • ICL Fertilizers
  • Nutrien Ltd. 
  • Haifa Group 
  • Uralchem, JSC 
  • Yara International ASA 
  • Ako Kasei Co., Ltd. 
  • COMPO EXPERT GmbH 
  • K+S Aktiengesellschaft
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

 

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Form, Product, Mode of Application, Crop Type, Region
Breakup by Form Liquid, Dry
Breakup by Product Nitrogenous, Phosphatic, Potassic, Others
Breakup by Mode of Application Foliar, Fertigation
Breakup by Crop Type Field Crops, Horticultural Crops, Plantation, Turf and Ornamentals, Others
Breakup by Regions North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Trade Data Analysis Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume
Price Analysis Historical and Forecast Price Trends-Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered ICL Fertilizers, Nutrien Ltd., Haifa Group, Uralchem, JSC, Yara International ASA, Ako Kasei Co., Ltd., COMPO EXPERT GmbH, K+S Aktiengesellschaft, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Water Soluble Fertilisers Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Water Soluble Fertilisers Historical Market (2016-2020) 
    8.3    Global Water Soluble Fertilisers Market Forecast (2021-2026)
    8.4    Global Water Soluble Fertilisers Market by Form
        8.4.1    Liquid
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2 Dry
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
    8.5    Global Water Soluble Fertilisers Market by Product
        8.5.1    Nitrogenous
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
            8.5.1.4    Types of Nitrogenous Fertilisers
                8.5.1.4.1    Urea
                    8.5.1.4.1.1    Market Share
                    8.5.1.4.1.2    Historical Trend (2016-2020)
                    8.5.1.4.1.3    Forecast Trend (2021-2026)
                8.5.1.4.2    Ammonia
                    8.5.1.4.2.1    Market Share
                    8.5.1.4.2.2    Historical Trend (2016-2020)
                    8.5.1.4.2.3    Forecast Trend (2021-2026)
                8.5.1.4.3    Ammonium Nitrate
                    8.5.1.4.3.1    Market Share
                    8.5.1.4.3.2    Historical Trend (2016-2020)
                    8.5.1.4.3.3    Forecast Trend (2021-2026)
                8.5.1.4.4    Urea-Ammonium Nitrate
                    8.5.1.4.4.1    Market Share
                    8.5.1.4.4.2    Historical Trend (2016-2020)
                    8.5.1.4.4.3    Forecast Trend (2021-2026)
                8.5.1.4.5    Others
        8.5.2    Phosphatic
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
            8.5.2.4    Types of Phosphatic Fertilisers
                8.5.2.4.1    Phosphoric Acid
                    8.5.2.4.1.1    Market Share
                    8.5.2.4.1.2    Historical Trend (2016-2020)
                    8.5.2.4.1.3    Forecast Trend (2021-2026)
                8.5.2.4.2    Monopotassium Phosphate
                    8.5.2.4.2.1    Market Share
                    8.5.2.4.2.2    Historical Trend (2016-2020)
                    8.5.2.4.2.3    Forecast Trend (2021-2026)
                8.5.2.4.3    Monoammonium Phosphate
                    8.5.2.4.3.1    Market Share
                    8.5.2.4.3.2    Historical Trend (2016-2020)
                    8.5.2.4.3.3    Forecast Trend (2021-2026)
                8.5.2.4.4    Diammonium Phosphate
                    8.5.2.4.4.1    Market Share
                    8.5.2.4.4.2    Historical Trend (2016-2020)
                    8.5.2.4.4.3    Forecast Trend (2021-2026)
                8.5.2.4.5    Others
        8.5.3    Potassic
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
            8.5.3.4    Types of Potassic Fertilisers
                8.5.3.4.1    Potassium Chloride
                    8.5.3.4.1.1    Market Share
                    8.5.3.4.1.2    Historical Trend (2016-2020)
                    8.5.3.4.1.3    Forecast Trend (2021-2026)
                8.5.3.4.2    Potassium Nitrate
                    8.5.3.4.2.1    Market Share
                    8.5.3.4.2.2    Historical Trend (2016-2020)
                    8.5.3.4.2.3    Forecast Trend (2021-2026)
                8.5.3.4.3    Potassium Sulphate
                    8.5.3.4.3.1    Market Share
                    8.5.3.4.3.2    Historical Trend (2016-2020)
                    8.5.3.4.3.3    Forecast Trend (2021-2026)
                8.5.3.4.4    Others
        8.5.4    Others
    8.6    Global Water Soluble Fertilisers Market by Mode of Application
        8.6.1    Foliar
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Fertigation
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
    8.7    Global Water Soluble Fertilisers Market by Crop Type
        8.7.1    Field Crops
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2016-2020)
            8.7.1.3    Forecast Trend (2021-2026)
        8.7.2    Horticultural Crops
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2016-2020)
            8.7.2.3    Forecast Trend (2021-2026)
        8.7.3    Plantation
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2016-2020)
            8.7.3.3    Forecast Trend (2021-2026)
        8.7.4    Turf and Ornamentals
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2016-2020)
            8.7.4.3    Forecast Trend (2021-2026)
        8.7.5    Others
    8.8    Global Water Soluble Fertilisers Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyers Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Trade Data Analysis (HS Code – 3102, 3103, 3104) 

    12.1    Major Exporting Countries
        12.1.1    By Value
        12.1.2    By Volume
    12.2    Major Importing Countries
        12.2.1    By Value
        12.2.2    By Volume
13    Price Analysis
    13.1    North America Historical Price Trends (2016-2020) and Forecast (2021-2016)
    13.2    Europe Historical Price Trends (2016-2020) and Forecast (2021-2016)
    13.3    Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2016)
    13.4    Latin America Historical Price Trends (2016-2020) and Forecast (2021-2016)
    13.5    Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2016)
14    Competitive Landscape
    14.1    Market Structure
    14.2    Company Profiles
        14.2.1    ICL Fertilizers
            14.2.1.1    Company Overview
            14.2.1.2    Product Portfolio
            14.2.1.3    Demographic Reach and Achievements
            14.2.1.4    Certifications
        14.2.2    Nutrien Ltd.
            14.2.2.1    Company Overview
            14.2.2.2    Product Portfolio
            14.2.2.3    Demographic Reach and Achievements
            14.2.2.4    Certifications
        14.2.3    Haifa Group
            14.2.3.1    Company Overview
            14.2.3.2    Product Portfolio
            14.2.3.3    Demographic Reach and Achievements
            14.2.3.4    Certifications
        14.2.4    Uralchem, JSC
            14.2.4.1    Company Overview
            14.2.4.2    Product Portfolio
            14.2.4.3    Demographic Reach and Achievements
            14.2.4.4    Certifications
        14.2.5    Yara International ASA
            14.2.5.1    Company Overview
            14.2.5.2    Product Portfolio
            14.2.5.3    Demographic Reach and Achievements
            14.2.5.4    Certifications
        14.2.6    Ako Kasei Co., Ltd.
            14.2.6.1    Company Overview
            14.2.6.2    Product Portfolio
            14.2.6.3    Demographic Reach and Achievements
            14.2.6.4    Certifications
        14.2.7    COMPO EXPERT GmbH
            14.2.7.1    Company Overview
            14.2.7.2    Product Portfolio
            14.2.7.3    Demographic Reach and Achievements
            14.2.7.4    Certifications
        14.2.8    K+S Aktiengesellschaft
            14.2.8.1    Company Overview
            14.2.8.2    Product Portfolio
            14.2.8.3    Demographic Reach and Achievements
            14.2.8.4    Certifications
        14.2.9    Others
15    Industry Events and Developments

 

List of Figures and Tables

1.    Global Water Soluble Fertiliser Market: Key Industry Highlights, 2016 and 2026
2.    Global Water Soluble Fertiliser Historical Market: Breakup by Form (USD Million), 2016-2020
3.    Global Water Soluble Fertiliser Market Forecast: Breakup by Form (USD Million), 2021-2026
4.    Global Water Soluble Fertiliser Historical Market: Breakup by Product (USD Million), 2016-2020
5.    Global Water Soluble Fertiliser Market Forecast: Breakup by Product (USD Million), 2021-2026
6.    Global Water Soluble Fertiliser Historical Market: Breakup by Application (USD Million), 2016-2020
7.    Global Water Soluble Fertiliser Market Forecast: Breakup by Application (USD Million), 2021-2026
8.    Global Water Soluble Fertiliser Historical Market: Breakup by Crop Type (USD Million), 2016-2020
9.    Global Water Soluble Fertiliser Market Forecast: Breakup by Crop Type (USD Million), 2021-2026
10.    Global Water Soluble Fertiliser Historical Market: Breakup by Region (USD Million), 2016-2020
11.    Global Water Soluble Fertiliser Market Forecast: Breakup by Region (USD Million), 2021-2026
12.    North America Water Soluble Fertiliser Historical Market: Breakup by Country (USD Million), 2016-2020
13.    North America Water Soluble Fertiliser Market Forecast: Breakup by Country (USD Million), 2021-2026
14.    Europe Water Soluble Fertiliser Historical Market: Breakup by Country (USD Million), 2016-2020
15.    Europe Water Soluble Fertiliser Market Forecast: Breakup by Country (USD Million), 2021-2026
16.    Asia Pacific Water Soluble Fertiliser Historical Market: Breakup by Country (USD Million), 2016-2020
17.    Asia Pacific Water Soluble Fertiliser Market Forecast: Breakup by Country (USD Million), 2021-2026
18.    Latin America Water Soluble Fertiliser Historical Market: Breakup by Country (USD Million), 2016-2020
19.    Latin America Water Soluble Fertiliser Market Forecast: Breakup by Country (USD Million), 2021-2026
20.    Middle East and Africa Water Soluble Fertiliser Historical Market: Breakup by Country (USD Million), 2016-2020
21.    Middle East and Africa Water Soluble Fertiliser Market Forecast: Breakup by Country (USD Million), 2021-2026
22.    Major Exporting Countries by Value
23.    Major Importing Countries by Value
24.    Major Exporting Countries by Volume
25.    Major Importing Countries by Volume
26.    North America Historical Price Trends and Forecast (2016-2026)
27.    Europe Historical Price Trends and Forecast (2016-2026)
28.    Asia Pacific Historical Price Trends and Forecast (2016-2026)
29.    Latin America Historical Price Trends and Forecast (2016-2026)
30.    Middle East and Africa Historical Price Trends and Forecast (2016-2026)
31.    Global Water Soluble Fertiliser Market Structure

Key Questions Answered in the Report

In 2020, the global water soluble fertilisers market attained a value of nearly USD 15.1 billion.

The market is projected to grow at a CAGR of 4.8% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach USD 19.7 billion by 2026.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major drivers of the industry, such as the increasing focus on food security, growing awareness regarding the benefits of water soluble fertilisers, increasing population, and favourable government initiatives to strengthen the agriculture sector, particularly in emerging economies, are expected to aid the market growth.

The key market trends guiding the growth of the industry include the advancement in the agriculture industry and the increasing adoption of modern agricultural practices by farmers due to favourable government policies.

Liquid and dry are the major forms of the product.

Nitrogenous, phosphatic, and potassic, among others are the different products available in the market.

Foliar and fertigation are the significant applications of the product.

Field crops, horticultural crops, plantation, and turf and ornamentals, among others are the different crop types.

The major players in the industry are ICL Fertilizers, Nutrien Ltd., Haifa Group, Uralchem, JSC, Yara International ASA, Ako Kasei Co., Ltd., COMPO EXPERT GmbH, and K+S Aktiengesellschaft, among others.

Analyst Review

The global water soluble fertilisers market attained a value of around USD 15.1 billion in 2020, driven by the growing focus on food security and sustainability, developing agriculture sector, and increasing global population. Aided by the technological advancements in the irrigation techniques, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 4.8%. The market is projected to reach USD 19.7 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on form, the market is divided into liquid and dry. On the basis of product, the market is divided into nitrogenous, phosphatic, and potassic, among others. Among these, while the nitrogenous segment is further divided into urea, ammonia, ammonium nitrate, and urea-ammonium nitrate, among others, the phosphatic segment is further categorised into phosphoric acid, monopotassium phosphate, monoammonium phosphate, and diammonium phosphate, among others. The potassic segment is also sub-divided into potassium chloride, potassium nitrate, and potassium sulphate, among others. The significant applications of the product include foliar and fertigation. By crop type, the industry can be divided into field crops, horticultural crops, plantation, and turf and ornamentals, among others. The major regional markets for water soluble fertilisers are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include ICL Fertilizers, Nutrien Ltd., Haifa Group, Uralchem, JSC, Yara International ASA, Ako Kasei Co., Ltd., COMPO EXPERT GmbH, and K+S Aktiengesellschaft, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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