Complex Fertilizers market size was around USD 54.3 billion in 2021. It is expected to grow at a CAGR of 7.07% to reach USD 76.4 billion by 2026. The mixing of two or more of macro-nutrient type fertilizers produces compound fertilizers also known as complex fertilizers. Often, they are blended further with elements containing secondary or trace nutrients such as sulphur, calcium and magnesium.
Drivers and Restraints of Complex Fertilizers Market:
Growing need for food security for the growing population, rising demand for oilseeds, advanced farming technologies which deliver safe and reliable application of complex fertilizers and the ease of application of complex fertilizers are the primary drivers of this market. This market represents a potential opportunity in the forecast period. Thus, several key players have heavily invested to augment their production capacities and to produce various complex fertilizers that are crop-specific. Secondary factors contributing to the growth of this market include the need to increase productivity, fertilizer intensity gaps across regions, level yield, and growing awareness about soil profile and nutritional balance which is supported by the state. Paradigm shift towards organic food and non-food consumption is the major restraint of this market.
Market Size Available
2020 – 2026
2022 - 2027
By Type, Crop Type, Form and Region.
Various Analyses Covered
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities
North America, Europe, APAC, Latin America, Middle East & Africa
Market Leaders Profiled
Holdings Inc. (U.S.), Yara International ASA (Norway), The Mosaic Company (U.S.), EuroChem Group AG (Switzerland), Potash Corporation of Saskatchewan (Canada), PhosAgro (Russia), Agrium Inc. (Canada), Israel Chemicals Limited (Israel), Sociedad Química Y Minera De Chile (Chile), Haifa Chemicals Ltd., (Israel), Helena Chemical Company (U.S.), and Zuari Agro Chemicals Ltd (India) and Others.
Complex Fertilizers Market Segmentation:
Incomplete (Diammonium phosphate, Monoammonium phosphate
The incomplete complex fertilizers market is estimated to have a high CAGR during the aforementioned forecast period. The Diammonium phosphate fertilizers category was the largest in 2016. The Monoammonium phosphate fertilizers category is estimated to be the fastest-growing during the aforementioned forecast period.
In terms of volume Oilseeds are the fastest growing segment because of the growing demand for agricultural production.
The solid segment commanded more than half of the market as per the data of 2016. It is economical to use it on low-cost cereals such as wheat and corn since it is a low-cost technique compared to the other techniques (such as fertigation).
By geography, the global Complex Fertilizers market has been categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Presently, Asia-Pacific accounts for the largest market share while Latin America has the highest CAGR.
Major companies in the Complex Fertilizers market are CF Industries Holdings Inc. (U.S.), Yara International ASA (Norway), The Mosaic Company (U.S.), EuroChem Group AG (Switzerland), Potash Corporation of Saskatchewan (Canada), PhosAgro (Russia), Agrium Inc. (Canada), Israel Chemicals Limited (Israel), Sociedad Química Y Minera De Chile (Chile), Haifa Chemicals Ltd., (Israel), Helena Chemical Company (U.S.), and Zuari Agro Chemicals Ltd (India).
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
2.2 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
3.1 Executive Summary
3.2 Key Inferences
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
5.1.2 Incomplete Complex Fertilizers
126.96.36.199 Diammonium Phosphate
188.8.131.52 Monoammonium Phosphate
184.108.40.206 Monopotassium Phosphate
220.127.116.11 Potassium Nitrate
5.1.3 Complete Complex Fertilizers
18.104.22.168 N.P.K (10-26-26)
22.214.171.124 N.P.K. (12-32-16)
126.96.36.199 N.P.K. (15-15-15)
5.1.4 Y-o-Y Growth Analysis, By Type
5.1.5 Market Attractiveness Analysis, By Type
5.1.6 Market Share Analysis, By Type
5.2 Crop Type
5.2.4 Fruits & Vegetables
5.2.5 Other Crop Types
5.2.6 Y-o-Y Growth Analysis, By Crop Type
5.2.7 Market Attractiveness Analysis, By Crop Type
5.2.8 Market Share Analysis, By Crop Type
5.3.4 Y-o-Y Growth Analysis, By Form
5.3.5 Market Attractiveness Analysis, By Form
5.3.6 Market Share Analysis, By Form
6. Geographical Analysis
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
188.8.131.52 By Geographical Area
184.108.40.206 By Type
220.127.116.11 By Crop Type
18.104.22.168 By Form
6.1.4 Market Attractiveness Analysis
22.214.171.124 By Geographical Area
126.96.36.199 By Type
188.8.131.52 By Crop Type
184.108.40.206 By Form
6.1.5 Market Share Analysis
220.127.116.11 By Geographical Area
18.104.22.168 By Type
22.214.171.124 By Crop Type
126.96.36.199 By Form
6.2 North America
6.1.2 United States
6.3.6 South Korea
6.5 Latin America
6.4.5 Rest of Latin America
6.6 Middle East & Africa
7.1 PESTLE analysis
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 Agrium Inc.
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 Holdings, Inc
8.3 Coromandel International Ltd.
8.4 Eurochem Group AG
8.5 Haifa Chemicals Ltd.
8.6 Helena Chemical Company
8.7 Israel Chemicals Limited
8.9 Potash Corporation of Saskatchewan Inc.
8.10 Sociedad Química Y Minera De Chile SA
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
a) List of Tables
b) List of Figures
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