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Asia Pacific Water Soluble Fertilizers Market By Crop Type (Field, Horticultural, And Turf & Ornamentals), Application (Fertigation And Foliar), Type (Nitrogenous, Potassic, Phosphatic And Micronutrients) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2022 to 2027).

Published: January, 2022
ID: 3220
Pages: 137

Asia Pacific Water Soluble Fertilizers Market Size, Growth, Trends and Forecast:

The Asia Pacific Water Soluble Fertilizers Market was worth USD 873.18 million in 2021 and estimated to be growing at a CAGR of 6.30%, to reach USD 1185.15 million by 2026. The market is showcasing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rapid increase in increased demand of food in this region with increasing population, mainly in India and China. Water Soluble Fertilizers are the fertilizers that readily dissolve in water to give nutrition to crops.

Water Soluble Fertilizers (WSF) are readily soluble in water. Being soluble in water, they release nutrients to the roots of the plants through the process of osmosis. These nutrients absorbed are then transferred to various parts of plants, leaves, stems .etc. where they are used in plant’s mechanism. These fertilizers are mainly used through two ways, Fertigation and Foliar application. While in Fertigation, WSF are directly inserted into irrigation system, in Foliar system, these fertilizers are directly applied to leaves of the plants.

Asia Pacific Water Soluble Fertilizers Market Drivers:

With increasing needs of food in families with increasing population in India and China, there has been a huge demand of fertilizers. India is particularly big market for fertilizers because of most of the share of the population being vegetarian. Big farmers or even smaller ones need to keep their crops safe as the crops are also highly vulnerable to various diseases which spread very fast. Because their livelihood depend on the farming only, they need to invest in WSF to safeguard these crops to prevent themselves from getting into huge loss. In addition, for poor people, vegetarian food is the only way to survive, which profits the WSF market. These are the few factors driving this market in this region.  Water Soluble Fertilizers are facing challenges mainly because of increasing spending capabilities of people, people tend to eat non-vegetarian more often which indirectly affects this market a little bit. Also, India which used to be mainly vegetarian has now increasing share of Non-vegetarians. Fast paced industrialization in this region has led to the conversion of huge amount farming land into some industrial purpose, which is leading farmers away from this job, hence affecting this market.

Asia Pacific Water Soluble Fertilizers Market Segmentation:

Asia Pacific Water Soluble Fertilizers Market – By Crop Type Grown:

  • Field

  • Horticultural
  • Turf & Ornamentals

Asia Pacific Water Soluble Fertilizers Market – By Application:

  • Fortigation
  • Foliar

Asia Pacific Water Soluble Fertilizers Market – By Type of WSF:

  • Nitrogenous
  • Potassic
  • Phosphatic
  • Micronutrients

Potassic and Micronutrients based WSF are expected to show the huge growth among other types as there is a balanced need of all the nutrients for plants. Fertigation mode is most commonly used to apply WSF.

Geographical Analysis:

On the basis of geography, the Asia Pacific market is divided into China, India, Japan, Australia and South Korea. The Water Soluble Fertilizers market is dominated by India in this region because of huge share of population being vegetarian. It is followed by China. Despite Europe being the biggest market all the segmented regions in this report, Asia Pacific is the fastest growing region in the world.

Key Players:

Some of the major companies dominating the market, by their products and services include PR Agro Nutri Private Ltd. (India), CF Industries (US),  The Mosaic Company (US), Israel Chemicas (Israel), Eurochem (Switzerland), Terra Nitrogen Company (US) and Sirius Minerals (UK).

 

1.Introduction                                  

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Crop Type                   

                                5.1.1 Introduction           

                                5.1.2 Field           

                                5.1.3 Horticultural           

                                5.1.4 Turf & Ornamentals            

                                5.1.5  Y-o-Y Growth Analysis, By Crop Type          

                                5.1.6  Market Attractiveness Analysis, By Crop Type        

                                5.1.7  Market Share Analysis, By Crop Type         

                5.2 Type                              

                                5.2.1 Introduction           

                                5.2.2 Nitrogenous           

                                5.2.3 Potassic    

                                5.2.4 Phosphatic              

                                5.2.5 Micronutrients      

                                5.2.6 Y-o-Y Growth Analysis, By Type     

                                5.2.7 Market Attractiveness Analysis, By Type   

                                5.2.8 Market Share Analysis, By Type     

                5.3 Application                 

                                5.3.1 Introduction           

                                5.3.2 Fertigation Method             

                                5.3.3 Foliar Method        

                                5.3.4 Y-o-Y Growth Analysis, By Application         

                                5.3.5  Market Attractiveness Analysis, By Application      

                                5.3.6  Market Share Analysis, By Application       

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Crop Type

                                                6.1.3.3 By Type

                                                6.1.3.4 By Application

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Crop Type

                                                6.1.4.3 By Type

                                                6.1.4.4 By Application

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Crop Type

                                                6.1.5.3 By Type

                                                6.1.5.4 By Application

                6.2 China                             

                6.3 India                              

                6.4 Japan                            

                6.5 South Korea                               

                6.6 Australia                      

7.Strategic Analysis                                        

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8.Market Leaders' Analysis                                         

                8.1 PR Agro Nutri Private Ltd.                     

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 CF Industries                              

                8.3 The Mosaic Company                             

                8.4 Israel Chemicas                         

                8.5 Eurochem                   

                8.6 Terra Nitrogen Company                      

                8.7 Sirius Minerals                           

                8.8 PT Petrokimia Gresik                              

                8.9 Sinofert Holdings                     

                8.10 Americas Petrogas                

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10.Market Outlook and Investment Opportunities                                          

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  1. Asia-Pacific Water Soluble Fertilizers Market By Application, From 2022 - 2027 ( USD million )
  2. Asia-Pacific Fertigation Market By Region, From 2022 - 2027 ( USD million )
  3. Asia-Pacific Foliar Market By Region, From 2022 - 2027 ( USD million )
  4. Asia-Pacific Water Soluble Fertilizers Market By Crop Type, From 2022 - 2027 ( USD million )
  5. Asia-Pacific Field Market By Region, From 2022 - 2027 ( USD million )
  6. Asia-Pacific Horticultural Market By Region, From 2022 - 2027 ( USD million )
  7. Asia-Pacific Turf & Ornamnetals Market By Region, From 2022 - 2027 ( USD million )
  8. Asia-Pacific Water Soluble Fertilizers Market By Type, From 2022 - 2027 ( USD million )
  9. Asia-Pacific Nitrogenous Market By Region, From 2022 - 2027 ( USD million )
  10. Asia-Pacific Potassic Market By Region, From 2022 - 2027 ( USD million )
  11. Asia-Pacific Phosphatic Market By Region, From 2022 - 2027 ( USD million )
  12. Asia-Pacific Micronutrients Market By Region, From 2022 - 2027 ( USD million )
  13. Japan Water Soluble Fertilizers Market By Application, From 2022 - 2027 ( USD million )
  14. Japan Water Soluble Fertilizers Market By Crop Type, From 2022 - 2027 ( USD million )
  15. Japan Water Soluble Fertilizers Market By Type, From 2022 - 2027 ( USD million )
  16. China Water Soluble Fertilizers Market By Application, From 2022 - 2027 ( USD million )
  17. China Water Soluble Fertilizers Market By Crop Type, From 2022 - 2027 ( USD million )
  18. China Water Soluble Fertilizers Market By Type, From 2022 - 2027 ( USD million )
  19. India Water Soluble Fertilizers Market By Application, From 2022 - 2027 ( USD million )
  20. India Water Soluble Fertilizers Market By Crop Type, From 2022 - 2027 ( USD million )
  21. India Water Soluble Fertilizers Market By Type, From 2022 - 2027 ( USD million )
  22. Australia Water Soluble Fertilizers Market By Application, From 2022 - 2027 ( USD million )
  23. Australia Water Soluble Fertilizers Market By Crop Type, From 2022 - 2027 ( USD million )
  24. Australia Water Soluble Fertilizers Market By Type, From 2022 - 2027 ( USD million )
  25. South Korea Water Soluble Fertilizers Market By Application, From 2022 - 2027 ( USD million )
  26. South Korea Water Soluble Fertilizers Market By Crop Type, From 2022 - 2027 ( USD million )
  27. South Korea Water Soluble Fertilizers Market By Type, From 2022 - 2027 ( USD million )

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