The Chemical Fertilizers Market Will Recover To Its 2014 Levels By 2022, New Report Finds

The main factors restraining global fertilizers market growth in the historic period were overcapacity in food production, especially in China and the USA, erratic rainfall, rising prices for natural gas and safety regulations. Important drivers going forward will be global population growth, economic growth and the adoption of advanced technologies such as big data analytics, drone technology, artificial intelligence and mobile applications. These will outweigh the negative effects of widespread soil erosion, the reduction in free trade and interest rate increases.