DUBLIN--(BUSINESS WIRE )--The "Global Water Soluble Fertilizers Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The water soluble fertilizers market will register a CAGR of nearly 6% by 2023.
Increase in demand from developing countries will drive the growth of the water soluble fertilizers market
The growth of agriculture to meet the growing food requirement have contributed to the market growth. The growing demand for high quality fertilizers coupled with technology driven irrigation in countries like China India, Brazil are expected to drive the demand for water soluble fertilizers in the coming years.
The global water soluble fertilizers market is witnessing the growth in fertilizer industry. The deficiency of potassium, nitrogen, and phosphorous in soil has increased the use of fertilizers to improve agriculture yield. Increased agricultural activities to meet the food requirements of the growing population will increase the consumption of water soluble fertilizers during the forecast period.
Health concerns regarding the use of water soluble fertilizers
Water soluble fertilizers contains different type of chemicals that are mixed to increase the yield and productivity of crops. Chemicals present in these fertilizers are absorbed by food crops. These chemicals are absorbed by the food crops, which eventually enter the food chain and lead to severe health issues. These chemicals can contaminate water bodies and adversely affect the environment, which will impede the growth of the market.
The market appears to be fragmented and with the presence of several companies. Factors such as the growth in fertilizer industry and growing demand from developing countries, will provide considerable growth opportunities to water soluble fertilizer manufacturers. Haifa Group, ICL, Nutrien Ltd., SQM, and Yara are some of the major companies covered in this report.
PART 02: SCOPE OF THE REPORT
PART 06: MARKET SEGMENTATION BY TYPE
PART 09: MARKET SEGMENTATION BY MODE OF APPLICATION
For more information about this report visit https://www.researchandmarkets.com/r/vw45kx
ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 Related Topics: Agrochemicals and Fertilizers, Fertilizer
ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 Related Topics: Agrochemicals and Fertilizers, Fertilizer