The complexfertilizers market competitive landscape provides details by competitor.Details included are company overview, company financials, revenue generated,market potential, investment in research and development, new marketinitiatives, global presence, production sites and facilities, productioncapacities, company strengths and weaknesses, product launch, product width andbreadth, application dominance. The above data points provided are only relatedto the companies’ focus related to complex fertilizers market.
On the basisof form, the complex fertilizers market is segmented into solid and liquid.
The complexfertilizers market is also segmented on the basis of mode of application. Themode of application segment is segmented into foliar and fertigation.
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The complexfertilizers market is analyses and market size, volume information is providedby country, product type, crop type, form and mode of application as referencedabove.
Thecountries covered in the complexfertilizers market report are U.S., Canada, Mexico in North America, Germany,Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland,Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, NewZealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia,Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil,Argentina, Chile, Rest of South America as a part of South America, U.A.E,Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA)as a part of Middle East and Africa(MEA).
The Global complexfertilizers market is segmented on the basis of product type, crop type, formand mode of application. The growth among segments helps you analyze nichepockets of growth and strategies to approach the market and determine your coreapplication areas and the difference in your target markets.
On the basisof product type, the complex fertilizers market is segmented into incompletecomplex fertilizers and complete complex fertilizers. Incomplete complexfertilizers have further been segmented into diammonium phosphate, monoammoniumphosphate, mono potassium phosphate, potassium nitrate and others. Others havefurther been sub-segmented into nitro phosphate and urea phosphate. Completecomplex fertilizers have further been segmented into NPK (15-15-15), NPK(12-32-16) and NPK (10-26-26).
Based oncrop type, the complex fertilizers market is segmented into cereals, grains,oilseeds, fruits and vegetables and others. Cereals have further been segmentedinto corn, wheat, rice and others. Oilseeds have further been segmented intosoybean, canola and others. Others have further been segmented into turf andornamentals, plantation crops, fiber crops, and silage and forage crops.
Asia-Pacificleads the complex fertilizers market growth because of the rise in awarenessamong farmers regarding the benefits of multi-nutrient fertilizer complexes.North America is expected to expand at a significant growth rate over theforecast period of 2021 to 2028 because of the increase in awareness abouthealth and wellness, growth of the organic food industry.
The countrysection of the complex fertilizers market report also provides individualmarket impacting factors and changes in regulation in the market domesticallythat impacts the current and future trends of the market. Data points such asconsumption volumes, production sites and volumes, import export analysis,price trend analysis, cost of raw materials, down-stream and upstream valuechain analysis are some of the major pointers used to forecast the marketscenario for individual countries. Also, presence and availability of globalbrands and their challenges faced due to large or scarce competition from localand domestic brands, impact of domestic tariffs and trade routes are consideredwhile providing forecast analysis of the country data.
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The majorplayers covered in the complex fertilizers report are Yara, EuroChem Group, CFIndustries Holdings Inc., Nutrien Ltd., PhosAgro Group of Companies, KochFertilizer, LLC, Coromandel International Limited, Bunge Limited, Agrium, Inc.,AgroCare, Zuari Agro Chemicals LTD., Sinofert Holdings Limited, Mosaic, OCINitrogen, Haifa Group, Ekhande Agro Fertilizers Pvt Ltd, ICL Fertilizers,Helena Agri-Enterprises, LLC, Borealis AG and SABIC among other domestic andglobal players. Market share data is available for Global, North America,Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South Americaseparately. DBMR analysts understand competitive strengths and providecompetitive analysis for each competitor separately.
The complexfertilizers market is expected to reach a value of USD 51.33 billion by 2028and is likely to expand at a compound annual growth rate of 3.90% over theforecast period of 2021 to 2028. The rapid urbanization and low availability ofarable land is the factor for the growth of the complex fertilizers market inthe forecast period of 2021 to 2028.
Complexfertilizers usually contain a varying ratio of two or three macronutrientswhich includes phosphorous, nitrogen and potassium which are required byplants. Complex fertilizers are also termed as compound fertilizers and areavailable in granular and liquid form.
The complexfertilizers market is expected to gain growth, due to the better physical andchemical properties. Also the rise in crop demand for biofuel and high cropdemand for animal feed are also expected to drive the market for complexfertilizers over the forecast period of 2021 to 2028. The several coupled withuse of complex fertilizers which includes convenience in the field and economicsavings is also likely to lift the growth of the complex fertilizers market.Furthermore, the demand for complex fertilizers owing to its high nutritionalcontents is also expected to act as a major driving factor leading towards thegrowth of the complex fertilizers market.
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However, thehigh growth of the organic fertilizers industry and depressed commodity pricesand low farm incomes are expected to curb the growth of the complex fertilizersmarket in the above mentioned forecast period, whereas the fluctuations in rawmaterial prices and unfavorable regulatory stance can challenge the growth ofthe target market.
In addition,the increase in the greenhouse production, inadequate availability of arableland and rise in demand food due to the rapid increase in the population acrossthe world are expected to accelerate various growth opportunities that willenhance the growth of the complex fertilizers market in the forecast period of2021 to 2028.
This complexfertilizers market report provides details of new recent developments, traderegulations, import export analysis, production analysis, value chainoptimization, market share, impact of domestic and localized market players,analyses opportunities in terms of emerging revenue pockets, changes in marketregulations, strategic market growth analysis, market size, category marketgrowths, application niches and dominance, product approvals, product launches,geographic expansions, technological innovations in the market. To gain moreinfo on the complex fertilizers market contact Data Bridge Market Research foran Analyst Brief, our team will help you take an informed market decision toachieve market growth.
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