The global specialty fertilizers market size is expected to reach USD 58.98 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to rising demand for more effective fertilizers to maximize agricultural productivity and crop quality and yield, and to minimize environmental degradation and impact. Rising needs to minimize the use of chemical fertilizers as these cause accumulation of toxic chemicals, damage soil fertility, adversely affect crop productivity and quality, and deplete organic carbon content has been resulting in rising demand for specialty fertilizers.
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Some Key Highlights From the Report
- Water-soluble fertilizers segment accounted for largest revenue share in 2020. Farmers are increasingly adopting highly water-soluble fertilizers as these enable enhancement of yield and quality parameters of crops and eliminate problems such as nutrient fixation in soil, immobilization of nutrients, and volatilization loss nutrient like nitrogen.
- Fruits and vegetables segment revenue is expected to expand at a rapid CAGR during the forecast period. Specialty fertilizers such as micronutrient fertilizers are increasingly being utilized to enhance quality and quantity of organic fruits and vegetables.
- Asia Pacific registered fastest revenue growth rate as compared to other regional markets in the global specialty fertilizers market in 2020. Increasing government initiatives encouraging adoption of sustainable farming practices to enhance crop productivity and reduce environmental impact is expected to boost growth of the specialty fertilizers market during the forecast period.
- Major players in the Specialty Fertilizers market include Nutrien, LTD., Yara International ASA, ICL Group Ltd., K+S AG, Sociedad Química y Minera de Chile (SQM), The Mosaic Company, EuroChem Group AG, CF Industries Holdings, Inc., Nufarm, and OCI Nitrogen.
Key regions covered in the report:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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The Global Specialty Fertilizers Market report is furnished with key market statistics organized in the form of charts, graphs, tables, diagrams, figures, and other pictorial representations. The report offers an exhaustive analysis of the key market aspects like market size, volume, share, current and emerging trends, production and consumption rate, and other key elements that offer an idea about the prospective expansion of the Specialty Fertilizers industry.
- Type Outlook (Revenue, USD Billion; 2018–2028)
- Micronutrient Fertilizers
- Slow Release Fertilizers
- Controlled Release Fertilizers
- Customized Fertilizers
- Water-soluble Fertilizers
- Others
- Crop Type Outlook (Revenue, USD Billion; 2018–2028)
- Pulses and Oilseeds
- Grains and Cereals
- Commercial Crops
- Fruits and Vegetables
- Others
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Global Sensor Fusion Market Report – Table of Contents:
1. Report Overview
- 1.1 Research Scope
- 1.2 Key Sensor Fusion market segments
- 1.3 Target players
- 1.4 Market analysis by type
- 1.5 Market analysis by application
- 1.6 Key learning objectives
- 1.7 Report timeline
2. Global Growth Trends
- 2.1 Global Sensor Fusion market size
- 2.2 Latest trends of the Sensor Fusion market by region
- 2.3 Key corporate trends
3. Global Sensor Fusion Market share by key players
- 3.1 Global Sensor Fusion Market size by manufacturers
- 3.2 Global Sensor Fusion Market key players
- 3.3 Products/solutions/services of major players
- 3.4 New entrants in the Sensor Fusion market
- 3.5 Mergers, acquisitions, joint ventures, and expansion plans
4. Global Sensor Fusion Market by product type
- 4.1 Global Sensor Fusion Sales by Product
- 4.2 Global Sensor Fusion by Product Revenue
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Significant Features of the Specialty Fertilizers Market Report:
- Extensive competitive landscape analysis to offer the readers key insights into driving and restraining factors along with strategies adopted by the key players
- Assessment of the existing and emerging trends of the business sphere
- Detailed analysis of the emerging growth opportunities and threats and limitations the players might face in the coming years
- Significant breakdown of the market to assess the factors that might influence the global market growth
- An 8-year forecast for better understanding of the workings and growth opportunities of the market
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