DUBLIN, May 14, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/sxh9zl/water_soluble) has announced the addition of the "Water Soluble Fertilizers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" report to their offering.
Water soluble fertilizers are formulations of mineral fertilizers that are completely soluble (solubility - 99.8% and above) in water. These can be sprayed or applied on crops to enhance quality and yield of crops such as cereals, pulses, fruits and vegetables. Crops require a variety of nutrients in adjustable concentrations as per different seasons. This is an advantage of this class of nutrients. It ensures a consistent supply of essential nutrients to crops. Water soluble fertilizers are applied using micro irrigation systems. Key application segments for water soluble fertilizers are fertigation and foliar applications.
The global water soluble fertilizers market is expected to be driven by the growth in fertigation application assisted by rising adoption of micro irrigation systems, especially in well irrigated lands of Asia Pacific. Furthermore, rising demand for higher yields, due to rising world population, reduction in arable land area and high demand for biofuels is anticipated to fuel the market for water soluble fertilizers. However, environmental impacts such as increase in the area under ocean dead zones, ground water contamination leading to several diseases and disturbance in ecological systems due to excessive usage of fertilizers is expected to hinder the growth of global water soluble fertilizers market. Moreover, regulatory bodies are implementing stringent policies to prevent damage to the environment and maintain ecological balance of flora and fauna, especially in water bodies.
Nitrogen emerged as the largest consumed nutrient for water soluble fertilizers accounting for more than 50% of the total water soluble fertilizers formulations consumed in 2012. Potassium based water soluble fertilizers are expected to be the fastest growing market owing to its high solubility and enhanced demand from Asia Pacific. Potassium based water soluble fertilizers market volume is expected to grow at an estimated CAGR of 5.7%, from 2013 to 2019. Phosphate is another major nutrient used in water soluble fertilizer formulations and accounted for around 13% of the global water soluble fertilizers demand in 2012. Others segment include secondary and micro nutrients such as calcium, sulfur, magnesium chlorine and manganese among others.
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Water Soluble Fertilizers - Industry Analysis
Chapter 4 Water Soluble Fertilizers: Nutrient Segment Analysis
Chapter 5 Water Soluble Fertilizers: Application Segment Analysis
Chapter 6 Water Soluble Fertilizers: Regional Analysis
Chapter 7 Company Profiles
- Agrium Inc.
- Aries Agro Limited
- CF Industries Holdings, Inc.
- Coromandel International Ltd.
- Haifa Chemicals Ltd.
- ICL Fertilizers Ltd.
- K+S AG
- Potash Corporation (PotashCorp)
- Qatar Fertiliser Company (QAFCO)
- Sinofert Holdings Ltd.
- Sociedad Quimica y Minera S.A. (SQM)
- The Mosaic Company
- URALCHEM Open Joint Stock Company (OJSC)
- Yara International ASA
For more information visit http://www.researchandmarkets.com/research/sxh9zl/water_soluble
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SOURCE Research and Markets