PUBLISHER: QYResearch | PRODUCT CODE: 1142019
PUBLISHER: QYResearch | PRODUCT CODE: 1142019
Due to the COVID-19 pandemic, the global Humic Acid market size was US$ 604.11 million in 2021 and is forecast to a readjusted size of US$ 793.43 million by 2028 with a CAGR of 3.11% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Powdered Humic Acid accounting for 40.58% of the Humic Acid global market in 2021, is projected to value US$ 329.45 million by 2028, growing at a revised 3.52% CAGR from 2022 to 2028. While Fertilizer segment is altered to an 3.28% CAGR throughout this forecast period.
The global key manufacturers of Humic Acid include Humic Growth Solutions, Grow More, Inc, Xinjiang Double Dragons, Shandong Jingfeng Humic Acid Technology and Ningxia Tianxinyuan Biotechnology, Inc, Humatech, Minerals Technologies Inc, and Jiloca Industrial, etc. In 2021, the global top five players occupied for a share approximately 15.24% in terms of revenue.
The global Humic Acid market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Humic Acid market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.