Market Research Report
Chemical Fertilizers Global Market Report 2022
|Chemical Fertilizers Global Market Report 2022|
The Business Research Company
Content info: 400 Pages
Delivery time: 2-10 business days
Chemical Fertilizers Global Market Report 2022 from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global chemical fertilizers market as it emerges from the COVID-19 shut down.
Where is the largest and fastest growing market for the chemical fertilizers? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Chemical Fertilizers market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider chemical fertilizers market, and compares it with other markets.
Markets Covered: 1) By Type: Nitrogen Fertilizer; Phosphate Fertilizer; Potash Fertilizer
2) By Crop Category: Cereals; Oilseeds; Vegetables; Fruits; Other Crop Categories
3) By Method of Application: Broadcasting; Drop Spreading; Fertigation; Foilar Spray
4) By Form: Solid; Liquid; Gaseous
5) By Product Type: Complex Fertilizers; DAP; MOP; Urea; SSP; Other Product Types
Companies Mentioned: Sinopec Limited; Yara International ASA (ADR); Guardian Industries LLC; Nutrien Ltd.; Marubeni
Metrics Covered: Number of Enterprises; Number of Employees
Countries: Argentina; Australia; Austria; Bangladesh; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Iran; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; Ukraine; USA; Vietnam
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, chemical fertilizers indicators comparison.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Major companies in the chemical fertilizers market include Sinopec Limited, Yara International ASA (ADR), Guardian Industries LLC, Nutrien Ltd, Marubeni, Mitsui, BASF SE, CF Industries Holdings Inc, Israel Corp Ltd, and Sinofert Holdings Limited.
The global chemical fertilizers market is expected to grow from $146.7 billion in 2021 to $160.15 billion in 2022 at a compound annual growth rate (CAGR) of 9.2%. The market is expected to grow to $223.74 billion in 2026 at a CAGR of 8.7%.
The chemical fertilizers market consists of the sales of fertilizers by entities (organizations, sole traders, or partnerships) that produce nitrogenous or phosphatic fertilizer materials, produce fertilizers from sewage or animal waste, manufacture nitrogenous or phosphatic materials and mix with other ingredients into fertilizers, and/or mix ingredients made elsewhere into fertilizers.
The main types of chemical fertilizers are nitrogen fertilizer, phosphate fertilizer, and potash fertilizer. Nitrogen fertilizer is a substance, like manure or a mixture of nitrates, added to soil or water to increase its productivity. The crop categories are cereals, oilseeds, vegetables, fruits, and other crop categories. The forms are solid, liquid, and gaseous. The product types are complex fertilizers, dap, mop, urea, ssp, and other product types. The methods of application are broadcasting, drop spreading, fertigation, and foliar spray.
Asia Pacific was the largest region in the chemical fertilizers market in 2021. North America was the second-largest region in the chemical fertilizers market. The regions covered in the chemical fertilizers report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Farmers all around the world are adopting intensive farming techniques to increase productivity per hectare. Intensive farming is an agricultural intensification and mechanization system that aims to maximize yields from available land through various means, such as heavy use of pesticides and chemical fertilizers. These techniques help to meet the rising demand for food of the growing population and help to prevent food shortages. Some intensive farming techniques, such as monoculture, drive the demand for fertilizers. Monoculture is a practice of growing one type of crop intensively over a large area, thus depleting nutrients in the soil and making it heavily dependent on synthetic fertilizers.
The fertilizers market is likely to be affected by the rising use of bio-fertilizers due to the adverse impact of synthetic fertilizers on soil and other environmental concerns. A bio-fertilizers contains living microorganisms such as bacteria, fungi, and algae, which are capable of fixing atmospheric nitrogen or converting soluble phosphate and potash in the soil into forms available to the plants. Bio-fertilizers promote growth in plants by increasing the supply or availability of primary nutrients to the host plant. The use of bio-fertilizers was further augmented by the negative impacts of prolonged use of chemical fertilizers on the soil.
Phosphorus is being recovered from sewage, manure, and other sources and made available as a fertilizer. Since phosphorus is a finite source, companies are looking for ways to recycle or recapture phosphorus to be used in agriculture. Plant-available phosphorus content is increased through anaerobic digestion and composting and in sludge from sewage through acid treatment and oxidizing. According to research conducted by the Luke Research Agency, Finland, manure, and sludge when treated appropriately can provide more phosphorus than traditional inorganic fertilizers.
The countries covered in the chemical fertilizers market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam.