Complex Fertilizers Market to Reach $54.3 Billion by 2022 – Key Players are Yara International ASA, Agrium, PhosAgro & Potash Corporation of Saskatchewan – Research and Markets

DUBLIN–(BUSINESS WIRE)–The "Complex
Fertilizers Market – Forecast to 2022" report has been added to Research
and Markets' offering.

The complex fertilizers market is projected to grow at a CAGR of 6.5%
from 2017, to reach a projected value of USD 54.32 Billion by 2022.

The market is driven by factors such as the need to increase
productivity, level yield, and fertilizer intensity gaps across regions,
rise in awareness about soil profile and nutritional balance, backed by
state support. The major restraints of the complex fertilizers market
are the trend toward organic food and non-food consumption, which in
turn, is driving the demand for biofertilizers.

Incomplete complex fertilizers such as diammonium phosphate and
monoammonium phosphate are the most commonly used around the globe. The
segment accounted for more than 65% of the global complex fertilizers in
2016. The fertigation mode of application is preferred for complex
fertilizers due to its ease of application. It is also cost-effective
and time-efficient. Along with this, farmers around the globe are also
shifting from traditional farming to technological farming, which in
turn leads to the adoption of complex fertilizer products.

The market for complex fertilizers in oilseeds is projected to be the
fastest-growing between 2017 and 2022. Crops such as soybean,
cottonseed, sunflower, peanuts, and canola provide basic resources for
food, globally. For instance, soybean is an oilseed that has found its
usage in large volumes, for feed, biofuel, and human food applications.
Thus, complex fertilizers are increasingly being used for ensuring
healthy crop stand and high yields.

Companies Mentioned

• Acron (Russia)
• Agrium Inc.
• Azomures (Romania)
• CF Industries Holdings, Inc
• Coromandel International Ltd.
• Eurochem Group Ag
• Gujarat State Fertilizers & Chemicals (India)
• Haifa Chemicals Ltd.
• Hebei Monband Water Soluble Fertilizer Co., Ltd. (China)
• Helena Chemical Company
• Helm Ag (Germany)
• Others

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Complex Fertilizers Market, By Type

7 Complex Fertilizers Market, By Crop Type

8 Complex Fertilizers Market, By Form

9 Complex Fertilizers Market, By Region

10 Competitive Landscape

11 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/fgwjjl/complex

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Related
Topics: Agrochemicals
and Fertilizers, Fertilizer