Global Water Soluble Fertilizers Market is Expected to Reach USD 13.72 billion by 2019: Transparency Market Research

Global Water Soluble Fertilizers Market is Expected to Reach USD 13.72 billion
                    by 2019: Transparency Market Research

  PR Newswire

  ALBANY, New York, April 16, 2014

ALBANY, New York, April 16, 2014 /PRNewswire/ --

According to a new market report published by Transparency Market Research
"Water Soluble Fertilizers (Nitrogen, Potassium, Phosphate and Others) Market
For Fertigation and Foliar Applications - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2013 - 2019", the global water soluble
fertilizers market was valued at USD 2.44 billion in 2012 and is expected to
reach USD 13.72 billion by 2019, growing at a CAGR of 5.6% over the forecast
period from 2013 to 2019. The global water soluble fertilizer market volume
was 9,433.0 kilo tons in 2012.

Growth of fertigation application of water soluble fertilizers aided by the
growing adoption of micro irrigation systems is anticipated to be the key
driver for global water soluble fertilizers market over the next six years.
However, harmful effects of over fertilization, such as ocean dead zones,
ground water contamination and disturbance in ecological balance, is expected
to hinder market growth over the forecast period.

Browse Global Water Soluble Fertilizers Market Report with Full TOC at

Water soluble fertilizers are mineral fertilizer formulations that are
completely soluble in water. These fertilizers find utility in fertigation and
foliar application which require micro irrigation systems for dispensing the
water soluble formulations of nutrients. Micro irrigation systems include drip
irrigation equipment, micro sprinklers and sprays among others. Such systems
help in better, controlled dispersion of water soluble fertilizers while being
economical about the amount of fertilizer and water utilized as well as the
energy and labor spent on applying the fertilizers.

Water soluble fertilizers market in Asia Pacific is expected to grow at a CAGR
of 5.1% given huge demand from China and India. Owing to increasing adoption
rate of micro irrigation systems in the region, the demand for water soluble
fertilizers is expected to be extensive in the coming years. Moreover, Latin
America and Africa constituting Rest of the World accounts for 16 % of the
global market and is expected to show significant rise in water soluble
fertilizer demand due to the growth potential of agriculture in countries such
as Brazil, Argentina and South Africa among others. Fertigation and foliar
application utility in greenhouses, turf and horticulture crops for is
expected to drive demand in North America as well as Europe. However, North
American market with large farms and less area under irrigation has shown slow
adoption of micro irrigation systems leading to relatively low growth rate
compared to Asia Pacific.

Fertigation and foliar are key applications for the water soluble fertilizers
market. Fertigation dominated the application market and accounted for more
than 65% of the total market in 2012. The growing adoption of water soluble
fertilizers is one of the major factors driving the demand for fertigation and
further demand for water soluble fertilizers.

Nitrogen and potassium were the most used type of nutrients in water soluble
fertilizer formulations and together accounted for more than 60% of the
revenue generated from the overall market in 2012. Phosphate segment generated
revenue of USD 294.7 million in 2012 and is projected to grow at a CAGR of
5.6% from 2013 to 2019. Others segment comprising of secondary and
micronutrients, includes calcium, sulphur, magnesium, iron, chlorine and
manganese among others.

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Agrium Inc., Yara International, PotashCorp, The Mosaic Company, Haifa
Chemicals, ICL Fertilizers, QAFCO, CF Industries, K+S AG, Uralchem, SQM and
SinoFert are some of the key players in the global water soluble fertilizers

The report segments the global water soluble fertilizers market as,

Water soluble fertilizers Market: Nutrient Segment Analysis, 

  *Others (Secondary, micro nutrients, etc.)

Water soluble fertilizers Market: Application Segment Analysis, 


Browse Global Water Soluble Fertilizers Market Report with Full TOC at

Water soluble fertilizers Market: Regional Analysis, 

  *North America
  *Asia Pacific
  *Rest of the World

Browse Chemical & Materials Market Research Reports @

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