Global Fertilizer Market 2018 – Technology is Driving the Projected $250 Billion Market – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The "Fertilizer
Market Global Briefing 2018" report has been added to ResearchAndMarkets.com's
offering.
The global fertilizer market is expected to reach around $250 billion in
2020.
Technology is expected to be a continued driver of fertilizer market
during the forecast period (2016-2020). Areas of particular development
are likely to be fertigation and foliar applications that require micro
irrigation systems for dispensing water-soluble formulations of
nutrients. These systems provide better control over dispersion of
water-soluble fertilizers, the amount of fertilizers and water used as
well as energy and labour spent on applying the fertilizers. Markets
such as this one will benefit from the greater efficiencies offered by
these technologies.
Asia Pacific was the largest region in the fertilizer market in 2017,
accounting for around 43% market share. North America was the second
largest region accounting for around 14% market share. Middle East was
the lowest region accounting for around 6.5% market share.
Scope
- Markets Covered: Nitrogen, Phosphate and others.
- Time Series: Five years historic and forecast.
- Data: Market value in $ billions.
Companies Mentioned
- Archer Daniels Midland Co.
- Dow Corning
- Celanese
For more information about this report visit https://www.researchandmarkets.com/research/4j978c/global_fertilizer?w=4.
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Related
Topics: Agrochemicals
and Fertilizers, Fertilizer