Specialty Fertilizers Market by Type, Application Method, and Region - Global Forecast to 2025

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MarketsandMarkets Presents
Specialty Fertilizers Market - Forecast to
2025 https//www.marketsandmarkets.com/Market-Repo
rts/specialty-fertilizer-market-57479139.html

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The report "Specialty Fertilizers Market by Type
(UAN, CAN, MAP, Potassium Sulfate, and Potassium
Nitrate), Application Method (Soil, Foliar, and
Fertigation), Form (Dry and Liquid), Crop Type,
Technology, and Region Global Forecast to
2025", The global specialty fertilizers market is
estimated to be valued at USD 37.6 billion in
2020 and is projected to reach a value of USD
51.3 billion by 2025, growing at a CAGR of 6.4
during the forecast period. Factors such as the
rise in demand for high-efficiency fertilizers
and an increase in crop varieties are projected
to drive the growth of the specialty fertilizers
market. Browse 220 Market Data Tables and 50
Figures spread through 287 Pages and in-depth TOC
on "Specialty Fertilizers Market Global
Forecast to 2025 South America is projected to
grow at the highest CAGR during the forecast
period. The market for specialty fertilizers in
the South America region is projected to grow at
the highest CAGR from 2020 to 2025. According to
FAOSTAT, Brazil is the largest producer of
agricultural products due to the availability of
abundant land and rural labor force, followed by
Argentina. The growth in South America is majorly
attributed to the increase in the adoption of
agrochemicals and advancements in farming
techniques in Brazil and Argentina with
distribution channels established by global
agrochemical players. Due to these factors, the
market in the South America region is projected
to record the highest growth from 2020 to
2025. Download PDF Brochure https//www.marketsa
ndmarkets.com/pdfdownloadNew.asp?id57479139
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• Report Objectives
• To define, segment, and project the global market
  size of the global market.
• To understand the specialty fertilizers market by
  identifying its various subsegments
• To provide detailed information about the key
  factors influencing the growth of the market
  (drivers, restraints, opportunities, and
  industry-specific challenges)
• To analyze the micromarkets with respect to
  individual growth trends, future prospects, and
  their contribution to the total market
• To project the size of the market and its
  submarkets, in terms of value, with respect to
  the regions (along with their respective key
  countries)
• To profile the key players and comprehensively
  analyze their core competencies.
• To understand the competitive landscape and
  identify major growth strategies adopted by
  players across key regions.
• Primary Research
• The specialty fertilizers market comprises
  several stakeholders, such as manufacturers,
  importers and exporters, traders, distributors
  and suppliers of specialty fertilizers, and
  government research organizations. It also
  includes manufacturers of fertilizers and seed
  companies. The demand-side of this market is
  characterized by the rising demand for specialty
  fertilizers in seed industries. The supply-side
  is characterized by the supply of raw materials
  in the market from various suppliers in the
  market. Various primary sources from both the
  supply and demand sides of the market were
  interviewed to obtain qualitative and
  quantitative information. 
• Request for sample Pages https//www.marketsandma
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COVID-19 impact on Specialty fertilizers
market The specialty fertilizers market includes
major Tier I and II suppliers like Nutrien,
Ltd.(Canada), Yara International ASA (Norway),
Israel Chemical Ltd. (Israel), KS
Aktiengesellschaft (Germany), Sociedad Química Y
Minera De Chile (SQM) (Chile), The Mosaic Company
(US), EuroChem Group (Switzerland). These
suppliers have their manufacturing facilities
spread across various countries across Asia
Pacific, Europe, North America, South America,
and RoW. The impact of COVID-19 pandemic on
specialty fertilizers market has been minimal,
mainly due to transportation barriers. Most of
the companies are running their operations
smoothly from May2020 in many regions due to
government relaxation measures. However, the
import of fertilizers  from different countries
is still delayed in some south Asian countries
due to extended lockdowns. Companies have
inventories sufficient only for few months, so
further delay in supply might turn out to be a
loss to them especially during sowing
period.  Driver The need for high-efficiency
fertilizers Nutrient losses can occur in many
ways, such as leaching, runoff, atmospheric
losses, and direct loss. These nutrient losses
will have an extensive impact on the environment.
These nutrient losses into the water trigger
eutrophication on the surfaces of water bodies,
which, in turn, ruins the aquatic ecosystem.
Specialty fertilizers are an easy and efficient
way to supply household or garden plants with
nutrients on a regular basis. The ultimate goal
of adding specialty fertilizers to the soil is to
supply the requisite amount of nutrients to crops
and prevent the toxification of soil due to
over-fertilization. Make an Inquiry
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uyingNew.asp?id57479139  
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By application method, the fertigation segment is
projected to be the fastest-growing segment in
the market during the forecast period. Fertigatio
n is an agricultural technique, which includes
water and fertilizer application through
irrigation. This process provides an opportunity
to maximize the yield and minimize environmental
pollution. Moreover, through fertigation, a
farmer can uniformly apply nutrients throughout
the field, whenever required. This market is
projected to grow due to the adoption of
efficient irrigation systems globally.  The
advantage of fertigation is that it requires less
labor, time, energy, and water. This mode of
application is gaining importance due to its
reliability and efficacy. However, to get the
desired results using this method, proper
knowledge of the system and efficient management
are required. Fertigation is used in fields of
row crops, horticultural crops, fruit crops,
vegetable crops, and ornamental flowering
crops. There has been a shift in farming
practices toward holistic approaches that include
both fertilizer and water application techniques,
which is a key factor that is projected to drive
the growth of this market in the next six years,
particularly in North America and Europe. Key
Market Players Key players in this market
include Nutrien, Ltd. (Canada), Yara
International ASA (Norway), Israel Chemical Ltd.
(Israel), KS Aktiengesellschaft (Germany),
Sociedad Química y Minera de Chile (SQM) (Chile),
The Mosaic Company (US), and EuroChem Group
(Switzerland). These major players in this market
are focusing on increasing their presence through
expansions investments, mergers acquisitions,
partnerships, joint ventures, and agreements.
These companies have a strong presence in North
America, Asia Pacific, and Europe. They also have
manufacturing facilities, along with strong
distribution networks across these
regions. Speak to Analyst https//www.marketsand
markets.com/speaktoanalystNew.asp?id57479139
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