Global Water Soluble NPK Fertilizers Market

Nitrogen fertilizer are chemical fertilizers produced from sewage or animal waste and nitrogenous materials. Nitrogen fertilizer used to stimulate growth of the plants. The main types of nitrogen fertilizer are urea, calcium ammonium nitrate (CAN), ammonium nitrate, ammonium sulfate, ammonia, and other nitrogenous fertilizers. Ammonium nitrate is a white, crystalline, water-soluble powder, NH4NO3, produced by reacting nitric acid with vaporous ammonia and mainly used in explosives, fertilizers, freezing mixtures, and in the manufacture of nitrous oxide. The forms are liquid, dry, and other forms. The treatments used are soil, foliar, fertigation, and others. The applications involved are cereals and grains, oilseeds and pulses, fruits and vegetables, and other applications. The nitrogen fertilizer market research report is one of a series of new reports from The Business Research Company that provides nitrogen fertilizer market statistics, including nitrogen fertilizer industry global market size, regional shares, competitors with a nitrogen fertilizer market share, detailed nitrogen fertilizer market segments, market trends and opportunities, and any further data you may need to thrive in the nitrogen fertilizer industry. This nitrogen fertilizer market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global nitrogen fertilizer market size will grow from $87.48 billion in 2022 to $91.97 billion in 2023 at a compound annual growth rate (CAGR) of 5.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global nitrogen fertilizer market size is expected to grow from $111.84 billion in 2027 at a CAGR of 5.0%. Globally, governments are investing to uplift the agricultural sector, thereby contributing to the growth in demand for fertilizers. For example, the Indian government announced that urea factories older than 30 years but still producing urea will receive an additional fixed cost of $6.77 (Rs 500). The government also announced 30 urea factories will get fixed costs at a rate of $4.74 (Rs 350) per metric ton. India imports more than 50 lakh ton of urea, worth more than a billion dollars every year. The government initiative aims to boost domestic production of urea and cut imports. Therefore, such initiatives in different countries are expected to promote the agricultural sector, thus driving the fertilizer market. Nitrogen is one of the nutrients that has a significant impact on the pH balance in the soil, determining whether it is alkaline or acidic depending on the type of nitrogen fertilizer used. A pH value indicates how alkaline or acidic a solution is. Crops are developing resistance with the increased usage of nitrogen fertilizers, which, in turn, leads to the deterioration of soil and the environment. Soil acidification, for example, is primarily caused by ammonium nitrogen fertilizers, which are a major contributor to soil erosion by affecting the electrical balance in plants, according to the Department of Primary Industries and Regional Development, Government of Australia. Thus, the degradation of soil and the environment by nitrogen fertilizer limits the growth of the market. The urea market is witnessing rapid growth in the fertilizer market as it controls air pollution by catalytic reaction. Urea is an easily water-soluble compound that consists of 46% nitrogen and can be stored, transported, and handled easily. It increases soil productivity and soil nutrients. According to the International Fertilizers Association (IFA), global urea capacity is going to increase by a net of 17 metric tons by volume each year, and the total production is estimated at 226 metric tons by 2021. Thus, the expected increase in the production of urea promotes the sales of nitrogen fertilizer. In September 2021, Yara Suomi Oy, a Finland-based fertilizer company acquired Ecolan Oy for an undisclosed amount. The acquisition marks Yara’s entry into organic fertilizer segment and enables it to contribute to the organic farming as well as the circular economy. Ecolan Oy is a Finland-based company that produces recycled fertilizers including nitrogen fertilizers. Major players in the nitrogen fertilizer market are Yara International, CF Industries Holdings Inc., PJSC Togliattiazot, Nutrien Inc., OCI NV, Coromandel International Ltd., EuroChem Group, Koch Industries Inc., SABIC Group, and Bunge Limited. Asia-Pacific was the largest region in the nitrogen fertilizer market in 2022. North America was the second-largest region in the global nitrogen fertilizer market. The regions covered in the global nitrogen fertilizers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the nitrogen fertilizer market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia. The nitrogen fertilizer market consists of the sales of nitrogen fertilizers in forms such as anhydrous ammonia, urea, and urea-ammonium nitrate (UAN) solutions. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global nitrogen fertilizer market is segmented - 1) By Type: Urea, Calcium Ammonium Nitrate (CAN), Ammonium Nitrate, Ammonium Sulphate, Ammonia, Other Nitrogenous Fertilizers 2) By Form: Liquid, Dry, Other Forms 3) By Treatment: Soil, Foliar, Fertigation, Other Treatments 4) By Application: Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Other Applications

Phosphate fertilizers are chemical fertilizers used for the growth and development of plants by providing nutrients. Phosphate fertilizer are produced using phosphatic materials and mixing other phosphatic materials. The main types of phosphate fertilizer are monoammonium phosphate (MAP), diammonium phosphate (DAP), superphosphate, and other types. Cereals and grains, oilseeds, fruits and vegetables, and other applications are all involved. The distribution channels are online and offline. The phosphate fertilizers market research report is one of a series of new reports from The Business Research Company that provide phosphate fertilizer market statistics, such as phosphate fertilizer industry global market size, regional shares, competitors with a phosphate fertilizer market share, detailed phosphate fertilizer market segments, market trends and opportunities, and any other information you may require to thrive in the phosphate fertilizer industry. This phosphate fertilizer market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global phosphate fertilizer market size will grow from $42.22 billion in 2022 to $45.23 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global phosphate fertilizer market size is expected to grow from $58.81 billion in 2027 at a CAGR of 6.8%. The world population is growing and is expected to reach 10 billion by 2050, which is expected to significantly boost the insecticide market. An increase in the population creates more demand for food. Crop production, farming activities, and trade volumes will have to increase to meet the increased population. Additionally, farmers and commercial farming companies will increase acquisitions of arable land to increase crop production, which is expected to increase the demand for herbicides. To meet the food demand that may rise from 59% to 98%, farmers have to increase agricultural productivity through fertilizers and advanced technologies in farming. Thus, the increase in demand for food for the growing population will promote the growth of the insecticide market. Most of the phosphorus is derived from rock phosphate. Phosphate rock is a non-renewable resource and it has taken millions of years for its formation from the seabed to the soil through tectonic uplift and weathering. The growing demand for phosphorus is depleting its source. According to the Global Phosphorus Research Initiative (GPRI), phosphorus production will peak in 2033 and then rapidly decline due to reserve depletion in the following years. Thus, the scarcity of rock phosphate is limiting the growth of phosphorus fertilizers. There has been a rapid increase in the production and export of phosphates from China. In the past, there was a limited supply of phosphate rock due to limited production capacity and monopolistic pricing in most countries, but, over the past few years, there has been a rapid increase in phosphate production in China. For example, in 2021, China was the world’s top exporter of phosphate and shipped 3.2 million tons of diammonium phosphate fertilizer in the first half of 2021. Therefore, increased production of phosphate is expected to drive the phosphate fertilizer market during the period. In June 2022, Koch Ag & Energy Solutions (KAES), a global fertilizer company, acquired a 50% stake in Jorf Fertilizers Company III (JFC III) from OCP Group, a Moroccan chemical manufacturing company, for an undisclosed sum. As a result, KAES formed a 50/50 joint venture with its affiliate and JFC III. The new entity will be able to offer high-quality and reliable Moroccan phosphate fertilizers to farmers. Jorf Fertilizers Company III is the Moroccan operator of a phosphate fertilizer production facility in Casablanca. Major players in the phosphate fertilizer market are Agrium Inc., Israel Chemicals Limited, CF Industries Holdings Inc., Coromandel International Ltd., Nutrien Ltd., PhosAgro, Yara International ASA, EuroChem Group A, The Mosaic Company, and OCP S.A. Asia-Pacific was the largest region in the phosphate fertilizer market in 2022. North America was the second-largest region in the global phosphate fertilizer market. The regions covered in the global phosphate fertilizers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the phosphate fertilizer market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia. The phosphate fertilizers market consists of the sales of ammonium phosphate, defluorinated phosphate, nitrogen, phosphorus, and potassium (NPK), and single super phosphate fertilizers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global phosphate fertilizer market is segmented - 1) By Type: Monoammonium Phosphate (MAP), Diammonium Phosphate (DAP), Superphosphate, Other Types 2) By Application: Cereals & Grains, Oilseeds, Fruits & Vegetables, Other Applications 3) By Distribution Channel: Online, Offline

The chemical fertilizers refer to synthetic compound substances that are specifically used to improve crop yield. These fertilizers are produced from sewage or animal waste, and nitrogenous or phosphatic materials along with other ingredients. The main types of chemical fertilizers are nitrogen fertilizer, phosphate fertilizer, and potash fertilizer. Nitrogen fertilizer is a substance, like manure or a mixture of nitrates, added to soil or water to increase its productivity. The crop categories are cereals, oilseeds, vegetables, fruits, and other crop categories. The forms are solid, liquid, and gaseous. The product types are complex fertilizers, dap, mop, urea, ssp, and other product types. The methods of application are broadcasting, drop spreading, fertigation, and foliar spray. The chemical fertilizers market research report is one of a series of new reports from The Business Research Company that provides chemical fertilizers market statistics, including chemical fertilizers industry global market size, regional shares, competitors with a chemical fertilizer market share, detailed chemical fertilizer market segments, market trends and opportunities, and any further data you may need to thrive in the chemical fertilizer industry. This chemical fertilizer market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global chemical fertilizers market grew from $159.16 billion in 2022 to $169.17 billion in 2023 at a compound annual growth rate (CAGR) of 6.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The chemical fertilizers market is expected to grow to $214.07 billion in 2027 at a CAGR of 6.1%. Farmers all around the world are adopting intensive farming techniques to increase productivity per hectare. Intensive farming is an agricultural intensification and mechanization system that aims to maximize yields from available land through various means, such as heavy use of pesticides and chemical fertilizers. These techniques help to meet the rising demand for food of the growing population and help to prevent food shortages. Some intensive farming techniques, such as monoculture, drive the demand for fertilizers. Monoculture is the practice of growing one type of crop intensively over a large area, thus depleting nutrients in the soil and making it heavily dependent on synthetic fertilizers. The fertilizer market is likely to be affected by the rising use of bio-fertilizers due to the adverse impact of synthetic fertilizers on soil and other environmental concerns. A bio-fertilizer contains living microorganisms such as bacteria, fungi, and algae, which are capable of fixing atmospheric nitrogen or converting soluble phosphate and potash in the soil into forms available to the plants. Bio-fertilizers promote growth in plants by increasing the supply or availability of primary nutrients to the host plant. The negative effects of long-term chemical fertilizer use on the soil boosted the use of bio-fertilizers. Phosphorus is being recovered from sewage, manure, and other sources and made available as a fertilizer. Since phosphorus is a finite source, companies are looking for ways to recycle or recapture phosphorus to be used in agriculture. Plant-available phosphorus content is increased through anaerobic digestion and composting and in sludge from sewage through acid treatment and oxidation. According to research conducted by the Luke Research Agency in Finland, manure and sludge when treated appropriately can provide more phosphorus than traditional inorganic fertilizers. Major companies in the chemical fertilizers market include Sinopec Limited, Yara International ASA (ADR), Guardian Industries LLC, Nutrien Ltd., Marubeni, Mitsui, BASF SE, CF Industries Holdings Inc., Israel Corp Ltd., and Sinofert Holdings Limited. Asia-Pacific was the largest region in the chemical fertilizers market in 2022. North America was the second-largest region in the chemical fertilizers market. The regions covered in the chemical fertilizers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the chemical fertilizers market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam. The chemical fertilizer market consists of the sales of phosphorus fertilizers, calcium, magnesium and sulphur fertilizers, micronutrient fertilizers, and Inhibitors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global chemical fertilizers market is segmented - 1) By Type: Nitrogen Fertilizer, Phosphate Fertilizer, Potash Fertilizer 2) By Crop Category: Cereals, Oilseeds, Vegetables, Fruits, Other Crop Categories 3) By Method of Application: Broadcasting, Drop Spreading, Fertigation, Foilar Spray 4) By Form: Solid, Liquid, Gaseous 5) By Product Type: Complex Fertilizers, DAP, MOP, Urea, SSP, Other Product Types

The liquid fertilizers are used to improve the quality or quantity of plant growth. Liquid fertilizers are extracts of soluble chemicals that are directly sprayed on crops or plants or can be injected into the soil by pressure. These are used in crop nutrition activities in a wide variety of crops. The main types of liquid fertilizers are nitrogen, micronutrients, potassium, and phosphate. Liquid nitrogen fertilizers are less expensive than granulated and are used by farmers. Liquid fertilizers are easy to handle and can be distributed uniformly over the field. The various production process of liquid fertilizers is organic and inorganic. The various crop types include cereals and grains, oilseeds, fruits, and pulses which are used in several applications such as soil, fertigation, and foliar. The liquid fertilizers market research report is one of a series of new reports from The Business Research Company that provides liquid fertilizers market statistics, including liquid fertilizers industry global market size, regional shares, competitors with a liquid fertilizers market share, detailed liquid fertilizers market segments, market trends and opportunities, and any further data you may need to thrive in the liquid fertilizers industry. This liquid fertilizers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global liquid fertilizers market size grew from $7.4 billion in 2022 to $8.08 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The liquid fertilizers market size is expected to grow to $10.64 billion in 2027 at a CAGR of 7.1%. The rise in the agricultural sector is expected to propel the growth of the liquid fertilizers market going forward. The agriculture sectors comprise establishments that are primarily engaged in growing crops, raising animals, and harvesting fish and other animals from a farm, ranch, or their natural habitats. Liquid fertilizers are applied within a few days of planting a crop as plants quickly absorb the nutrients provided by these fertilizers. The additional nutrients ensure the plants grow quickly and are in good health thus increasing the overall yield. For instance, according to the Economic Survey of India, the agriculture sector registered a growth of 3.6 % in 2020-21 and is expected to reach 3.9% in 2021-22. Therefore, the rise in the agricultural sector is driving the growth of the liquid fertilizers market. Product innovations have emerged as the key trend gaining popularity in the liquid fertilizers market. Major players in the market are focusing on developing innovative products for market growth and a strong product portfolio. For instance, in May 2020, Wilbur-Ellis, a US-based agriculture technology, and products company launched two new potassium fertilizer technologies, TILL-IT KOMPOUND and FOLI-GRO KILO. These are highly soluble, carbon-based potassium fertilizers that drive bio-activation in soil or as a foliar-applied product. FOLI-GRO KILO is a carbon-based potassium source that is with high solubility and accessibility for any foliar, in-furrow, or soil-applied liquid fertilizer application. TILL-IT KOMPOUND has combined the KILO technology with sulfur, creating a solution for straight applications or combinations with urea ammonium nitrate or ammonium polyphosphate (APP). In July 2021, ICL Group Ltd., an Israel-based specialty chemicals and specialty minerals company acquired Compass Minerals America do Sul SA for an undisclosed amount. The acquisition is expected to position ICL as the top specialty plant nutrition company in Brazil, advance its long-term goal of achieving global leadership for its Innovative Ag Solutions division, and accelerate its strategy of achieving leadership positions in high-growth specialty plant nutrition markets. Compass Minerals America do Sul SA is a Brazil-based specialty plant nutrition company. Major players in the liquid fertilizers market are Nutrien Ltd., Yara International, ICL Group Ltd., The Mosaic Company, EuroChem Group AG, AgroLiquid, Kugler Company, Compo Expert GmBH, FoxFarm Soil & Fertilizer Company, Plant Fuel Nutrients LLC, Agro Bio Chemicals, CF Industries Holdings Inc., OCP Group, and Nutri Tech Solutions. Asia-Pacific was the largest region in the liquid fertilizers market in 2022. Asia-Pacific is expected to be the fastest-growing region in the market. The regions covered in the liquid fertilizers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the liquid fertilizers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The liquid fertilizers market consists of sales of liquid fertilizer products such as calcium nitrate and potassium hydroxide. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global liquid fertilizers market is segmented - 1) By Type: Nitrogen, Micronutrients, Potassium, Phosphate 2) By Production Process: Organic, Inorganic 3) By Crop Type: Cereals And Grains, Oilseeds, Fruits, Pulses 4) By Application: Soil, Fertigation, Foliar

Controlled-release fertilizers (CRFs) are granular fertilizer particles covered with a resin or polymer that limits moisture contact and serves to dissolve the fertilizer particles, allowing the fertilizer to be released gradually over time. The controlled release fertilizer are highly advantageous for agriculture, silviculture, and horticulture. The main product types of controlled release fertilizers are polymer sulfur-coated urea/sulfur-coated urea, polymer-coated urea, and polymer-coated NPK. Polymer-coated urea is urea granules that have been coated with a polymer that inhibits urea release into the soil. The controlled release fertilizers are available in liquid, a granular and powdered form that is used for foliar, fertigation, soil, and other applications. The various end-uses include agriculture, cereals and grains, oilseeds and pulses, vegetables, fruits, and plantation crops. The controlled release fertilizer market research report is one of a series of new reports from The Business Research Company that provides controlled release fertilizer market statistics, including controlled release fertilizer industry global market size, regional shares, competitors with a controlled release fertilizer market share, detailed controlled release fertilizer market segments, market trends and opportunities, and any further data you may need to thrive in the controlled release fertilizer industry. This controlled-release fertilizer market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global controlled release fertilizer market size grew from $2.84 billion in 2022 to $3.04 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The controlled release fertilizer market size is expected to grow to $3.95 billion in 2027 at a CAGR of 6.7%. The increasing adoption of modern agriculture practices is significantly driving the growth of the controlled release fertilizer market. Modern agriculture is an expanding approach to agricultural inventions and farming practices that assist farmers to boost efficiency and minimize the number of natural resources needed to meet the world's food, fuel, and fiber demands, such as water, land, and energy. Controlled release fertilizers examine precision fertilizer applications utilizing the 4-R approach-the right amount of fertilizer at the right time to the right plant at the right stage of growth. For instance, in July 2022, according to a report published by Khulna University Studies, a Bangladesh-based organization on research and academics, on average, the farmers in the survey have been farming for more than 23 years. According to study findings, 87 percent of farming households in the study area are using modern technologies to manage irrigation, use better seeds, and use chemical fertilizers. Around 60% of people are using harvesting technology today. Hence, the increasing adoption of modern agriculture practices is expected to propel the growth of the controlled release fertilizer market going forward. Technological advancement is a key trend gaining popularity in the controlled release fertilizer market. Major companies operating in the controlled release fertilizer sector are focused on developing technologically advanced products to strengthen their position. For instance, in September 2021, ICL Group, an Israel-based company that develops, produces, and markets fertilizers, metals, and other special-purpose chemical products, introduced the fifth version of its Osmocote controlled-release fertilizer. Osmocote 5 has a distinctive nutrient matching release technology as well as an upgraded Optimised Trace Element Availability (OTEA) system that matches plants' needs throughout the release program, resulting in increased plant health, color, and growth. Considering the inclination to minimize or remove peat, Osmocote 5 has a slightly increased Nitrogen concentration to enhance growth. In October 2021, Profile Products LLC, a US-based manufacturer and supplier of hydraulically applied erosion control technologies, soil modifiers, turf establishment blankets, and turf reinforcement mats, acquired Florikan for an undisclosed amount. This acquisition strengthens both firms' agronomic knowledge and expands Profile's capacity to address clients' product and service needs across all of the company's business sectors. Florikan is a US-based company that makes controlled-release fertilizers and designs specialized coatings to encapsulate nutrients while enhancing plant nutrition and lowering environmental effects. Major players in the controlled release fertilizer market are Yara International, Agrium Inc., Kingenta Ecological Engineering Co. Ltd., ICL Group, Haifa Chemicals, Scotts Miracle-Gro Company, Nutrien, Koch Industries, Compo Expert, Helena Agri-Enterprises LLC, JNC Corporation, Sociedad Química y Minera de Chile, Ekompany International B.V, Jcam Agri, Aglukoon, and Greenfeed Agro Sdn Bhd. The Asia-Pacific was the largest region in the controlled release fertilizer market in 2022 and is expected to be the fastest-growing region in the forecast period. The regions covered in the controlled release fertilizer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the controlled release fertilizer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The controlled release fertilizer market consists of sales of controlled-release fertilizer products such as urea formaldehyde and crotonylidenediurea. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global controlled release fertilizer market is segmented - 1) By Product: Polymer Sulfur Coated Urea/Sulfur Coated Urea, Polymer Coated Urea, Polymer Coated NPK 2) By Form: Liquid, Granular, Powder 3) By Application: Foliar, Fertigation, Soil, Other Applications 4) By End-Use: Agriculture, Cereals And Grains, Oilseeds And Pulses, Vegetables, Fruits And Plantation Crops

Biofertilizers are a substance containing living microorganisms that colonize the rhizosphere or inside of the plant and promote development by increasing the supply or availability of primary nutrients to the host plant when applied to seeds, plant surfaces, or soil. Natural processes like nitrogen fixation, phosphorus solubilization, and the production of growth-promoting compounds are utilized in biofertilizers to offer nutrients to plants. The main types of biofertilizers are nitrogen fixing, phosphate solubilizing and other products. The nitrogen-fixing refers to the nitrogen-based fertilizer used in agriculture. The nitrogen-fixing biofertilizers contain microorganisms like actinobacteria, rhizobium, azotobacter, and azospirillum. They aid in the conversion of nitrogen to organic compounds. One method of converting elemental nitrogen into a form that plants can use is biological nitrogen fixation. Various crop types using biofertilizers are cereals and grains, oilseeds and pulses, fruits and vegetables and other crop types and are given two forms namely liquid and carrier-based. These have application in seed treatment and soil treatment. The biofertilizers market research report is one of a series of new reports from The Business Research Company that provides biofertilizers market statistics, including biofertilizers industry global market size, regional shares, competitors with a biofertilizers market share, detailed biofertilizers market segments, market trends and opportunities, and any further data you may need to thrive in the biofertilizers industry. This biofertilizers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global biofertilizers market size grew from $1.88 billion in 2022 to $2.14 billion in 2023 at a compound annual growth rate (CAGR) of 13.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The biofertilizers market size is expected to grow to $3.51 billion in 2027 at a CAGR of 13.2%. The increasing concern for food safety is expected to driving the growth of the biofertilizers market. The right food handling practices used throughout food preparation, processing, storage, and distribution of the items in the food business are referred to as food safety. All aspects of the food supply chain are concerned about the integrity of food safety. From agriculture to final product packaging and delivery to the consumer's table, the food manufacturing life cycle is a source of concern. The rising concern for food safety calls for food production with maximum output which in turn demands a need for biofertilizers to promote higher growth of food plants. For instance, in November 2020, an annual poll found that global concern over food safety and future food supplies has increased. The United States was one of nine countries that took part in the study. Concerns regarding food safety and future food supply have increased by 10% as per the 13th edition of the Tetra Pak Index, with 40% of respondents rating these themes among their top three most concerning issues, up from 30% in 2019. Moreover, half of those polled feel that manufacturers are responsible for improving food safety, followed by governments. In France, six out of ten people are concerned about the sanitary and safety of the food they purchase. Three-quarters of Chinese people are worried about how food and beverages are produced. Eight out of ten Nigerians want producers to prioritize food safety. Therefore, the increasing concern for food safety is driving the market for biofertilizers. Product innovation is a key trend gaining popularity in the biofertilizers market. The key players operating in the biofertilizers market are developing innovative products for crops to grow stronger and show greater tolerance to stress. The innovation in biofertilizers enables the players to establish their product portfolio, earn additional revenue, capture more market share, and hold a competitive edge in the market. For instance, in June 2021, Symborg, a Spanish company involved in the research and development of bio-fertilizers used in advanced agricultural processes, introduced Qlimax, an innovative soil energizer that serves as a prebiotic. Its use multiplies the concentration of microbial flora in the soil, stimulating its development and enhancing its positive activity in the agronomic management of soil and crops. Furthermore, in May 2021, Rizobacter, an Argentine producer of microbiological products intended to provide innovative solutions for sustainable agriculture, launched Microstar BIO, a new specialty fertilizer line that combines biologicals with chemical fertilizer. A variety of several Bacillus strains are used in this innovative technology's biological component. These integrated bacteria can solubilize minerals and drive root growth, improving nutrient usage efficiency by boosting availability and soil exploration. In January 2021, Lallemand Inc., a Canada-based company through its subsidiary, Danstar Ferment AG announced the acquisition of Biotec BetaGlucans AS (BBG), which is a wholly owned subsidiary of the ArticZymes Technologies ASA (AZT) company, for an undisclosed amount. Through this deal, Lallemand will acquire all of the BBG assets and includes food grade and specialized pharma certified production plant located in Tromsø, Northern Norway and also all the IP’s for SBG®, Woulgan®, M-Gard® and M-Glucan® branded product portfolios. BBG is a Norway-based company and a subsidiary of ArticZymes Technologies ASA which is specialized in the development, production and sales of high purity beta-glucan products, from yeast cell walls as a biofertilizer. Major players in the biofertilizers market are Novozymes A/S, CBF China Bio-Fertilizer AG, SOM Phytopharma (India) Limited (AgriLife), Mapleton Agri Biotec Private Ltd., Biomax, Symborg SL, National Fertilizers Ltd., Rizobacter Argentina SA, UPL Limited, T. Stanes & Company Limited, Jaipur Bio Fertilizers, Agrinos Inc., LKB BioFertilizer Sdn Bhd and Varsha Bioscience and Technology India Pvt Ltd. Asia-Pacific was the largest region in the biofertilizers market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the biofertilizers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the biofertilizers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The biofertilizers market consists of sales of bacterial biofertilizers, fungal biofertilizers, algal biofertilizers, and actinomycetes biofertilizers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global biofertilizers market is segmented - 1) By Product: Nitrogen Fixing, Phosphate Solubilizing, Other Products 2) By Crop Type: Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Other Crop Types 3) By Form: Liquid, Carrier-based 4) By Application: Seed Treatment, Soil Treatment

The fertilizer catalysts are used in the production of fertilizers to speed up the chemical reaction. Fertilizer catalysts refer to catalyst substances that are used in fertilizer manufacturing to increase the rate of reaction and reduce the production time of fertilizers. A catalyst lowers the activation energy and allows the bonds of nitrogen and hydrogen to be more easily broken. The main products of fertilizer catalysts are iron-based, vanadium-based, platinum-based, rhodium-based, nickel-based, palladium-based, ruthenium-based, zinc-based, cobalt-based, molybdenum-based, chromium-based, and copper chromite. Molybdenum-based refers to a metallic element that resembles chromium and tungsten in many properties, is used especially in strengthening and hardening steel, and is a trace element in plant and animal metabolism. The processes used are the Haber-Bosch process, the contact process, nitric acid production, potassium fertilizer production, and urea production. The various applications involved are nitrogenous fertilizers, phosphatic fertilizers, and other applications. The fertilizer catalyst market research report is one of a series of new reports from The Business Research Company that provides fertilizer catalyst market statistics, including fertilizer catalyst industry global market size, regional shares, competitors with a fertilizer catalyst market share, detailed fertilizer catalyst market segments, market trends and opportunities, and any further data you may need to thrive in the fertilizer catalyst industry. This fertilizer catalyst market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global fertilizer catalyst market size grew from $2.67 billion in 2022 to $2.78 billion in 2023 at a compound annual growth rate (CAGR) of 4.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The fertilizer catalyst market size is expected to grow to $3.24 billion in 2027 at a CAGR of 3.9%. The increasing production of fertilizers is expected to propel the growth of the fertilizer catalyst market going forward. Fertilizers refer to chemical substances that have been supplied to crops to increase their productivity. Fertilizer catalysts are used by the fertilizer manufacturing industry, and the use of a catalyst helps produce a higher volume of fertilizer at a lower cost. For instance, in 2020, according to the Department of Fertilizers, an India-based government ministry, there has been an increase of more than 11.40% in the actual production of fertilizers in the year 2020 as compared to 2019 data. Therefore, the growth in the production of fertilizers is driving the fertilizer catalyst market. Product innovation is a key trend gaining popularity in the fertilizer catalyst market. Major companies operating in the fertilizer catalyst market are focused on product innovation to strengthen their position in the market. For instance, in 2021, Clariant, a Switzerland-based chemicals company that manufactures fertilizer catalysts, developed a new fertilizer catalyst called EnviCat N2O-S. This product is proven to remove up to 95% of nitrogen generated as a by-product of nitric acid production. By avoiding greenhouse gas emissions, Clariant aims to help reduce the harmful environmental impact of fertilizer manufacturing. In April 2021, Unicat Catalyst Technology Company, a US-based catalyst producer, acquired The Magma Group for an undisclosed amount. This acquisition will enable the company to offer innovative catalyst and ceramic products and various other services in industries that include agriculture, green energy, and chemicals. Magma Group is a UK-based manufacturer of fertilizer catalysts, ceramics, combustion engineering, and other related services. Major players in the fertilizer catalyst market are Süd-Chemie India Pvt. Ltd., Thyssenkrupp AG, BASF SE, LKAB Minerals AB, Albemarle Corporation, Unicat Catalyst Technologies Inc., Clariant AG, Johnson Matthey, Haldor Topsoe, Quality Magnetite LLC, Honeywell International Inc., Chempack, Shandong Aobao Chemical Industry Group Co., Ltd., QuantumSphere Inc., Tanaka Holdings Ctd, and Oham Industries Pvt. Asia-Pacific was the largest region in the fertilizer catalyst market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this fertilizer catalyst market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the fertilizer catalyst market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The fertilizer catalysts market consists of sales of palladium-based and vanadium-based catalyst fertilizer. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global fertilizer catalyst market is segmented - 1) By Product: Iron-Based, Vanadium Based, Platinum-Based, Rhodium Based, Nickel Based, Palladium Based, Ruthenium Based, Zinc Based, Cobalt Based, Molybdenum Based 2) By Process: Haber-Bosch Process, Contact Process, Nitric Acid Production, Potassium Fertilizer Production, Urea Production 3) By Application: Nitrogenous Fertilizers, Phosphatic Fertilizers, Other Applications

Fertilizer additives are a type of chemical additive or material that is mixed with fertilizers such as urea, ammonium nitrate, calcium ammonium nitrate, and others to improve the quality and performance of the fertilizers. It is also used to prevent the loss of important macro- and micronutrients, including nitrogen, phosphorus, potassium, calcium, manganese, and iron, from soil and the environment. Farmers widely use it to develop healthy, nutrient-dense crops and ensure soil fertility in the long run. The main types of fertilizer additives include dust control agents, anti-caking agents, anti-foam agents, granulation agents, colorants, corrosion inhibitors, and hydrophobing agents. The term "dust control" refers to an ecological agent that is used to solidify and stabilize any soil. This system is implemented to reduce or eliminate dust emissions from activities that cause erosion by generating airborne and fugitive dust. Based on form, they are differentiated into powdered, granular, and prilled, and they are used in the manufacturing of urea, ammonium nitrate, diammonium nitrate, monoammonium nitrate, ammonium sulphate, triple superphosphate, and other applications. The fertilizer additives market research report is one of a series of new reports from The Business Research Company that provides fertilizer additives market statistics, including fertilizer additives industry global market size, regional shares, competitors with a fertilizer additives market share, detailed fertilizer additives market segments, market trends and opportunities, and any further data you may need to thrive in the fertilizer additives industry. This fertilizer additives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global fertilizer additives market size grew from $2.87 billion in 2022 to $2.99 billion in 2023 at a compound annual growth rate (CAGR) of 4.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The fertilizer additives market size is expected to grow to $3.47 billion in 2027 at a CAGR of 3.9%. Rise in demand for agricultural commodities is driving the growth of the fertilizer additives market. Agricultural commodities are staple crops and animals raised on farms or plantations. In agricultural commodity production activities, fertilizer additives are used to enhance the performance and control the application of fertilizer. For instance, according to the data published in Organization for Economic Co-operation and Development, the global agricultural production is expected to increase from 766 million tons in 2020 to 839 million tons in 2030.  The increase in demand and production of agricultural commodities is expected to boost demand for fertilizer additives during the forecast period. The adoption of new technologies is a key trend gaining popularity in the fertilizer additive market. The companies operating in the fertilizer additives market are utilizing ammonia technology, urea formaldehyde concentrate technology, and nanotechnology in their product development and manufacturing processes to reduce their carbon footprint and shift towards environmentally friendly manufacturing processes. For instance, in May 2021, Stamicarbon announced the introduction of Stami Green Ammonia Technology as a solution to the world carbon problem. To eliminate carbon from the process, the technique uses renewable resources instead of fossil fuels, paving the way for sustainable and green fertilizer production. In September 2021, Yara Suomi Oy, a Finland-based manufacturer of fertilizer, acquired Ecolan Oy, a Finland-based provider of fertilizer and its additives, for an undisclosed amount. Through this acquisition, Yara Suomi Oy will be able to improve nutrient use efficiency in the organic farming segment by capitalizing on our deep crop nutrition knowledge from Ecolan Oy. Major players in the fertilizer additives market are KAO Corporation, Novochem Group, Clariant, Solvay, Filtra Catalysts & Chemicals Ltd., ArrMaz, Chemipol, Forbon Technology, Michelman, Inc., Tolsa Group, Dorf Ketal, Corteva Agriscience, BASF SE, Holland Novochem BV, and Hubei Forbon Technology Co., Ltd. North America was the largest region in the fertilizer additives market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fertilizer additives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the fertilizer additives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The fertilizer additives market consists of sales of drying agents that are used as fertilizer additives. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global fertilizer additives market is segmented - 1) By Type: Dust Control Agents, Anti-Caking Agents, Anti-Foam Agents, Granulation Aids, Colorants, Corrosion Inhibitors, and Hydrophobing Agents 2) By Form: Granular, Prilled, Powdered 3) By Application: Urea, Ammonium Nitrate, Diammonium Phosphate, Monoammonium Phosphate, Ammonium Sulfate, Triple Superphosphate, Other Applications