Catalyst Fertilizer Market Synopsis

The Global Catalyst Fertilizer Market is expected to exhibit a stable 2.56% CAGR over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The global Catalyst Fertilizer Market is profiled in detail in the report, which provides a detailed analysis of the market’s leading historical growth drivers and restraints as well as leading players operating in the market, providing the readers with a comprehensive analysis of the competitive landscape of the market as well as the market’s economic background. The leading drivers and restraints affecting the global Catalyst Fertilizer Industry Forecast likely to have a lasting impact on the market over the forecast period are profiled in detail in the report.

 

The growing production in developing regions such as Asia Pacific is likely to boost the fertilizer industry in these regions, as the growing population leads to a growing demand for food crops. The rising agriculture industry in these regions is likely to drive the demand for catalysts in fertilizers in order to boost the production of fertilizers. The rising technological sophistication in the agriculture industry in the region is also likely to be a major driver for the catalyst fertilizer market.

 

Competitive Analysis

Leading fertilizer catalyst manufacturers include Clariant (Germany), Haldor Topsoe (Denmark), Project & Development India Ltd. (India), Johnson Matthey (UK), N.E. Chemcat (Tokyo), LKAB Minerals AB (Sweden), Quality Magnetite (US), QuantumSphere, Inc. (US), DowDuPont (US), Oham Industries (India) and others.

 

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Segmentation

The global Catalyst Fertilizer Market is segmented based on manufacturing process, metal group, application, and region.

By Manufacturing Process, the global fertilizer catalyst market is segmented into contact process, Haber-Bosch process, and others. The Haber-Bosch process segment is expected to dominate the global Catalyst Fertilizer Market due to the growing production of ammonium fertilizers.

By Metal Group, the global Catalyst Fertilizer Market is segmented into base metals and precious metals. The base metals segment, which includes copper, nickel, and iron, is likely to dominate the Catalyst Fertilizer Market over the forecast period due to the easier availability of base metals than precious metals and their cheaper prices.

 

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Regional Analysis

Asia Pacific is expected to be the fastest growing and largest regional market in the global catalyst fertilizer market, followed by Europe. Rising awareness among farmers regarding crop fertilizers is likely to be a major driver for the Catalyst Fertilizer Market in Asia Pacific over the forecast period. The high availability of base metals in Asia Pacific is also a major driver for the Catalyst Fertilizer Market in the region. 

 

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Market Highlights

Water-soluble fertilizers are fertilizers of natural or synthetic origin that can mix with a solvent, especially water, before being applied on crops. With water-soluble fertilizers, it is easy to maintain the exact amount of nutrients available to plants. Water-soluble fertilizers are rapidly soluble in water and helps in fertigation & foliar by releasing essential plant nutrients at root zone and leaves respectively where they are absorbed and used elsewhere in the plant system.

 

Global Water-soluble Fertilizer Industry Trends are easily soluble in water and hence, are more suitable with modern irrigation system. They are easy to apply and absorbed by plants through fertigation and foliar. Moreover, absorption and utilization rate of water-soluble fertilizers is relatively high when compared to conventional chemical fertilizers. Efficient use of water-soluble fertilizers also prevents groundwater contamination. 

 

Regional Analysis

Globally the market has been segmented, by region, into North America, Europe, Asia-Pacific, and Rest of the World. The water-soluble fertilizers market in North America has further been segmented into the US, Canada, and Mexico.

Geographically, Europe is anticipated to dominate the global water-soluble fertilizers market owing to high technological advancements in the manufacturing of fertilizers as well as increasing awareness about crop nutrition among cultivators in this region.

 

Key Players

Yara International ASA (Norway), Agrium Inc.(Canada), K+S Aktiengesellschaft (Germany), Sociedad Quimica Y Minera SA (SQM) (Chile), Israel Chemical Limited (Israel), The Mosaic Company (US), EuroChem group AG (Switzerland), Coromandel International Limited (India), Compo GmbH & Co (Germany), and Haifa Chemicals Limited (Israel) are some of the key players in the market.

 

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Segmentation

The global water-soluble fertilizers market has been segmented into product type, crop type, application, and region.

The market based on type has been segmented into macronutrient fertilizers and micronutrient fertilizers. Macronutrient fertilizers are sub-segmented into nitrogenous, phosphatic, and potassic. Micronutrients fertilizers are sub-segmented into calcium, magnesium, iron, trace elements, and others. The nitrogenous segment is likely to grow at a significant rate since nitrogen helps in the formation of proteins which are vital for the development of new protoplasm in the cell. Moreover, nitrogen is essential to produce chlorophyll and responsible for leaf growth.

 

Based on crop type, the market has been segmented into field crops, horticultural crops, turf & ornamentals, and others, including plantation and hydroponics. Among these, horticultural crops segment is expected to show significant growth during the forecast period owing to the growing demand for fruits and vegetables across the globe.

 

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The market has been segmented, by application, into fertigation and foliar. Fertigation is widely used for applying water-soluble nutrients to roots of plants. It is helpful in improving fertility and increasing the productivity of the plant. 

 

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Market Overview: Fertilizer additives are supplemented with fertilizers in order to enhance its functionality. The increasing demand for agricultural products coupled with the high demand for essential nutrients and superior quality fertilizers has uplifted the demand for the fertilizer additives. These additives are used as an anti-foaming, anti-caking, de-dusting, and hydrophobic agents. The global Fertilizer Additives Technology Industry is growing due to increasing population coupled with increasing demand for food. In addition to the increasing population, growing demand for food, increase in the crop production, soil efficiency, and high-quality yield is expected to drive the fertilizer additives market. Additionally, increasing awareness regarding fertilizer additives has raised the bar for quality, which, in turn, has increased the market share of fertilizer additives globally. Mass market penetration is leading to the introduction of new products based out of fertilizer additives and their retail across various regions. Downstream analysis: The global fertilizer additives market is segmented into type, form, and function. Based on the type, it is segmented into ammonium nitrate, ammonium sulfate, mono-ammonium phosphate, di-ammonium phosphate, triple superphosphate, urea, and others. Among all, the urea fertilizer additives segment is dominating the market. Based on the form, it is segmented into powder, granular, prilled, and others. The powdered segment is dominating the market. Based on the function, the fertilizer additives market is segmented into anti-foaming agent, anti-caking agents, corrosion inhibitors, hydrophobic agent, de-dusting agent, and others. Among all the functions, the anti-caking segment is dominating the market. Infographic Images Related Report @ https://www.marketresearchfuture.com/infographics Competitive analysis: The major players in the fertilizer additives market ArrMaz Custom Chemicals, Inc. (U.S.) Holland Novochem B.V. (the Netherlands) Kao Corporation (Japan) Clariant AG (Switzerland) Hubei Forbon Technology Co. Ltd. (China) Michelman, Inc. (U.S.) Filtra Catalysts & Chemicals Ltd. (India) Chemipol SA (Spain) Amit Trading Ltd. (India) Tolsa SA (Spain) Regional Analysis: The global fertilizer additives market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). The Asia Pacific region is dominating the fertilizer additives market followed by North America owing to rising population followed by increasing consumption of agricultural products in the developing regions. Moreover, agriculture is the key business in India, which is anticipated to drive the fertilizer additives market over the forecast period. Access Complete Report @ https://www.marketresearchfuture.com/reports/fertilizer-additives-market-5318 Furthermore, the U.S. dominates the North American fertilizer additives market owing to increasing consumer awareness and growing demand for fruits, vegetables, cereals, pulses, and other crops, which is anticipated to boost the growth of the fertilizer additives market during the review period. About Market Research Future At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Global phosphatic fertilizer market is expected to grow at a significant CAGR in the upcoming period as the scope and its applications are rising enormously across the globe. Phosphate is an important element for plants maturation, root development, and seed development. It is a major nutrient necessary for plants to grow to their potential.it is produced by adding acid to pulverized or ground phosphate rock.

 

The factors that are playing a major role in the growth of the market are limited availability of arable land, growth in diversified food demand and population, and the rising meat consumption boosts the demand for fertilizers. However, the presence of substitutes like organic fertilizer industry and the strict government policy against harmful chemicals may restrain overall market growth in the years to come. Phosphatic fertilizer market is segmented based on type, crop type, and region.

 

Superphosphate, diammonium phosphate, mono-ammonium phosphate, and other types could be explored in phosphatic fertilizer in the forecast period. Monoammonium phosphate sector accounted for the substantial market share of phosphatic fertilizer in terms of revenue. The sector is estimated to grow at the highest CAGR in the years to come. In addition, ammonium phosphate sector is estimated to grow at the fastest pace in the years to come.

 

 

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Based on crop type, fruit & vegetable, grain & oilseed, and other crop types could classify phosphatic fertilizer market in the forecast period. Grain & oilseed sector accounted for the substantial market share of phosphatic fertilizer and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the presence of huge populace in developing countries.

 

The market is segmented geographically into Americas (North America, South America), Europe (Eastern Europe, Western Europe), Asia Pacific (India, China, Japan, New Zealand, and Australia), Middle East (UAE, Saudi, and Qatar) and Africa (South Africa).

 

Globally, Asia Pacific accounted for the substantial market share of phosphatic fertilizer and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the presence of a huge population in developing countries like China and India and the growing demand for diversified food. India is the largest importer and major consumer of diammonium phosphate (DAP) fertilizers. However, Central & South America are estimated to grow at the highest CAGR in the forecast period.

 

The key players of phosphatic fertilizer market are PJSC PhosAgro, Eurochem Group AG, S.A OCP, Agrium Inc., The Mosaic Co., and Potash Corp. of Saskatchewan Inc., Coromandel International Ltd., Yara International ASA, Israel Chemicals Ltd., and CF Industries Holdings Inc. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.

 

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