Top 5 Vendors in the Water-Soluble Fertilizers Market From 2016 to 2020: Technavio

Technavio publishes a new market research report on the global water soluble fertilizers market from 2016-2020. (Graphic: Business Wire)

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LONDON--()--Technavio has announced the top five leading vendors in their recent global water-soluble fertilizers market report. This research report also lists 17 other prominent vendors that are expected to impact the market during the forecast period.

The basic plant nutrients used for a better crop yield are phosphate, nitrogen, and potassium. Nitrogen is the most widely used nutrient as fertilizer after phosphate and potash. These elements are crucial for agricultural outputs as they help in improving water retention, nutrient value, color, texture, yield, disease resistance, and various other properties. These nutrients find extensive applications base in several crops such as rice, wheat, soybeans, palm, cotton, grains, corn, sugar, fruits, and vegetables.

Competitive vendor landscape

The global market for water-soluble fertilizers is highly fragmented, characterized by the occurrence of expanded regional and international corporations owing to the prevalent accessibility of natural gas. Nevertheless, as international corporations have increased their predominance in the market, regional corporations are finding it extremely difficult to compete with them, especially in terms of technology, quality, and pricing.

Vendors with better financial and technical resources can progress with innovative products that render competitors’ merchandise non-competitive even before they are launched, or before they can recover the research and development and commercialization costs,” says Ajay Adikhari, a lead agrochemicals and fertilizers analyst from Technavio.

The market is dominated by leading global players. Nonetheless, there are several domestic and foreign players with comparatively smaller market shares. Many global players are projected to enlarge their presence at the global level during the forecast period. In addition, improvements in global economic conditions are boosting the growth of the market, making it an attractive time to launch new products.

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Top five water-soluble fertilizers market vendors

Agrium

Agrium’s fertilizers offer farmers crucial nutrients that increase crop yield and help them meet the global demand for food. The company operates in two segments, wholesale and retail. These units are responsible for producing and marketing phosphate, nitrogen, sulfate, and potash-based nutrients for crop.

Haifa

Haifa is owned by Trance Resource, a US-based holding company. Haifa operates in more than 100 countries across five continents with three production plants and 12 subsidiaries. Its main production plants are in Israel and France with a combined annual potassium nitrate production capacity of 500,000 million tons.

Haifa offers an extensive portfolio of water-soluble fertilizers that ensure optimal plant nutrition. Efficient fertilizers and effective fertilization methods have become the main solution to the increasing demand for agricultural products.

PotashCorp

PotashCorp mines potash from underground deposits left behind by evaporated seas. The world’s largest deposits are in Saskatchewan. Water-soluble fertilizers are used for the following:

  • As fertilizer: It improves root strength and disease resistance; assists water retention; and enhances taste, color and texture of food
  • As feed: It aids animal growth and milk production
  • It is used in industrial products (food products, soaps, water softeners, de-icers and drilling muds)

Mosaic Company

Mosaic Company was incorporated in 2004 and is headquartered in Plymouth, Minnesota, US. The company is a manufacturer and distributor of potash crop nutrients and concentrated phosphate. Its product offering includes potash, phosphates, feed ingredients, and industrial products. The company serves customers in approximately 40 countries.

Yara International

Yara International has established its presence in the fertilizers and agrochemicals sector with NPK fertilizers, secondary nutrients (calcium, magnesium, and sulfur), and micro nutrients (boron, copper, iron, molybdenum, and manganese). Its fertilizer portfolio includes calcium ammonium nitrate, ammonium nitrate, urea, urea ammonium nitrate solutions, ammonium sulfate, and fertigation and liquid fertilizers. Its key brands include YaraBela, YaraLiva, YaraMila, YaraVera, and YaraVita.

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About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com

Release Summary

Technavio has announced the top five leading vendors in their recent global water-soluble fertilizers market report from 2016-2020.

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com