ALBANY, N.Y.--(BUSINESS WIRE)--A recent report published by Transparency Market Research states that in 2012 the global water soluble fertilizers, in terms of volume stood at 9433.0 kilo tons and as per revenue the market was worth US$2.44 billion. It is projected to reach US$3.53 billion by 2019, growing progressively at 5.6% CAGR between 2013 and 2019.
Browse Report: http://www.transparencymarketresearch.com/water-soluble-fertilizers.html
The report is titled “Water Soluble Fertilizers (Nitrogen, Potassium, Phosphate and Others) Market for Fertigation and Foliar Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019,” and is available for sale on the company website.
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Increased adoption of micro irrigation systems and rising demand for better yield are the major factors driving the water soluble fertilizers market. On the flip side, harsh environment impacts of over-fertilization and volatile prices of feedstock are expected to hamper the growth of this market.
Press Release: http://www.transparencymarketresearch.com/pressrelease/water-soluble-fertilizers.htm
On the basis of nutrients, the global water soluble fertilizers market has been segmented into phosphate, potassium, nitrogen, and others. In 2012, potassium and nitrogen led the market, collectively accounting for 80% of the market. Phosphate segment is expected to grow at 5.6% CAGR in the forecast period. Among the two applications of water soluble fertilizers, foliar and fertigation, in 2012 fertigation segment led the market with a market share of 70%.
Article: http://www.transparencymarketresearch.com/article/water-soluble-fertilizers.htm
Geographically, in 2012, Asia Pacific led the global water soluble fertilizers market with a market share of 60% in terms of volume and is expected to grow rapidly in the near future. Rest of the World emerged as the second-largest market due to the high demand for water soluble fertilizers in Latin American and South African countries. The prominent players of this market are Agrium Inc., PotashCorp, QAFCO, and CF Industries.
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About TMR
Transparency Market Research (TMR) is a U.S. based market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.
