Specialty fertilizers are the special organic or inorganic chemical compound which is used for supplying extra amount of nutrients to the plants. The specialty fertilizers are applied in the soil which makes it more fertile and hence it enhances the growth of the plants. Moreover, the specialty fertilizers helps in retention of water and aeration along with providing nutrients. It is made up by mixture of many chemicals like nitrogen, phosphorous, potassium, calcium, molybdenum, zinc, etc. It is used by various industries such as food industry, agricultural industry, etc.
MARKET DYNAMICS
The global specialty fertilizers market is growing at a significant pace owing to driving factors such as increasing demand from agricultural industry due to the shortage of fertile lands. Furthermore, Increasing manufacturing of food crops with the help of speciality fertlizers due to its high benefits like retaining the nutrients are likely to drive the demand for specialty fertilizers in the coming years. However, high capital cost and restrictions on usage of nitrogens by the government is projected to hinder the growth of specialty fertilizers market. Likewise, increase in funding on development of efficient techniques of farming may provide a lucrative opportunity for the market players in the near future.
MARKET SCOPE
The "Global specialty fertilizers Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the specialty fertilizers market with detailed market segmentation by action, application and geography. The global specialty fertilizers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading specialty fertilizers market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global specialty fertilizers market is segmented on the basis ofaction and application. On the basis of action, the specialty fertilizers market is segmented into, controlled-release fertilizers (nitrogen stabilizers, nitrification inhibitor, urease inhibitors, stabilized fertilizers), slow-release fertilizers. On the basis of application, the market is bifurcated into, crop-based application (cereals & oilseeds, fruits & vegetables), non-crop-based application (turf & ornamentals,others).
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global specialty fertilizers market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The specialty fertilizers market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the specialty fertilizers market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the specialty fertilizers market in these regions.
MARKET PLAYERS
The reports cover key developments in the specialty fertilizers market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from specialty fertilizers market are anticipated to lucrative growth opportunities in the future with the rising demand for specialty fertilizers in the global market. Below mentioned is the list of few companies engaged in the specialty fertilizers market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the specialty fertilizers market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Agrium Inc.
- Art Wilson Co.
- Atlantic Gold
- Behn Meyer Holding Ag.
- Borealis Ag.
- Brandt
- Clariant Ag.
- Coromandel International Limited
- Evergrow Products
- Everris Fertilizers