Liquid Fertilizer Market Size to Reach USD 3.07 Billion by 2027 | Constant Increase in Global Population and Rapidly Increasing Demand for Food will be the Key Factor Driving the Industry Growth, States Emergen Research

Vancouver, British Columbia, Jan. 26, 2021 (GLOBE NEWSWIRE) — The global liquid fertilizer market is estimated to reach value of USD 3.07 Billion by 2027, at a rapid and steady CAGR of 3.8% according to a current analysis by Emergen Research. The constant rise in global population is the key factor driving the demand for food, which has resulted in increased fertilizer consumption. Concerns regarding releas of hazardous chemicals into the environment and their adverse effect on the health of humans and animals is one of the key factors driving the market growth. Governments are focusing on the use of eco-friendly fertilizers (EFFs) in agriculture. Various NGOs are also organizing farmer education programs in order to provide information about EFFs and their benefits in long term. Hence, awareness about using liquid fertilizers among farmers has increased significantly.Claim Your FREE Sample Copy with Table of content@ key element in liquid fertilizers is nitrogen, which accelerates growth of plants and helps in the photosynthesis process. These fertilizers basically come in water soluble form, which makes their absorption easy. The contribution of liquid fertilizers to the agriculture sector is remarkable. These fertilizers offer maximum uniformity, which, in turn provides consistent coating,With the help of this coating, plants can receive proper nutrients in any environment.Further Key Findings from the Report Suggest:In September 2019, Ruralco Holdings Limited (Ruralco) was acquired by Nutrien, Ltd. This acquisition has been beneficial to stakeholders of Nutrien as they were able to expand their business in Australia.In June 2019, EuroChem Group increased its fertilizer production by introducing a third blending plant in Brazil. The new facility is spread over an area of 27,000 square meters,. This was another move for the ongoing expansion of Fertilizantes Tocantins (FTO), a subsidiary of EuroChem, operating as a major fertilizer distribution business in Brazil.In December 2020, Brineflow LTD., a manufacturer of liquid nitrogen ferilizers, started the construction of a terminal at the port of Sunderland, U.K. in order to maintain its storage and import activities to meet the requirement of liquid fertilizers in the agriculture sector.Asia Pacific is estimated to hold 35.2% share of the global market, during the forecast period, due to continuous adoption of updated technologies to improve the crop yield of throughout the region.Key players operating in the liquid fertilizer market are Yara International ASA, AgroLiquid AD, Nutri-Tech Solutions Pty Ltd, ICL Fertilizers, Haifa Chemicals Ltd, Plant Food Company Inc., K+S Aktiengesellschaft, Compo Expert GmbH, Kugler Company, and Foxfarm FertilizerCheck Our Prices@
For the purpose of this report, Emergen Research has segmented the global liquid fertilizer market based on nutrients type, manufacturing process, compounds, crop type, fertilizer application method, and region as follows:
Nutrient Type Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2017–2027)PhosphorusNitrogenPotassiumMicronutrientsManufacturing Process Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2017–2027)OrganicSyntheticCompound Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2017–2027)CANUANMAPDAPPotassium NitrateCrop Type Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2017–2027)CerealsOilseedsFruitsPulsesFertilizer Application Method Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2017–2027)Direct Soil ApplicationFertigationFolias Spray ApplicationClick to access the Report Study, Read key highlights of the Report and Look at Projected Trends: Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2017–2027)North AmericaU.S.CanadaEuropeGermanyU.K.FranceBENELUXRest of EuropeAsia PacificChinaJapanSouth KoreaRest of APACLatin AmericaBrazilRest of LATAMMiddle East & AfricaSaudi ArabiaUAERest of MEATake a Look at our Related Reports:Spherical graphite market size was valued at USD 2,435.8 Million in 2019 and is forecasted to reach USD 9,598.8 Million by 2027 at a CAGR of 18.6%. The spherical graphite market is observing a double-digit growth attributed to its increasing usage in lithium-ion battery production.Sodium dichromate market size was valued at USD 759.2 Million in 2019 and is forecasted to reach USD 1,242.4 Million by 2027 at a CAGR of 6.3%. The sodium dichromate market is observing high demand attributed to its increasing application in pigment, metal finishing, chromium compounds preparation, leather tanning, and wood preservative.Acoustic insulation market size was valued at USD 12.94 Billion in 2019 and is forecasted to reach USD 19.64 Billion by 2027 at a CAGR of 5.3%. The acoustic insulation market is observing high demand attributed to its increasing application in building & construction, automotive, aerospace, and manufacturing.About Emergen ResearchEmergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.Contact Us:Eric LeeCorporate Sales SpecialistEmergen Research | Web: www.emergenresearch.comDirect Line: +1 (604) 757-9756E-mail: [email protected]Facebook | LinkedIn | Twitter | BlogsRead Full Press Release@

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