PUBLISHER: Value Market Research | PRODUCT CODE: 1264215
PUBLISHER: Value Market Research | PRODUCT CODE: 1264215
The global demand for Complex Fertilizers Market is presumed to reach the market size of nearly USD 131.46 BN by 2030 from USD 63.05 BN in 2022 with a CAGR of 9.62% under the study period 2023 - 2030.
Complex fertilizers include two or three major plant nutrients, two of which are chemically combined. Complex fertilizers, often known as compound fertilizers, come in granular and liquid forms. Incomplete complex fertilizers contain two primary nutrients, but complete complex fertilizers contain all three primary nutrients. Nitro phosphates and polyphosphate-based fertilizers are the most common complex fertilizers. Complex fertilizers have better physical, chemical, and mechanical qualities than regular fertilizers. They provide a broader range of possibilities and can be modified to meet demand in specific soil compositions.
Various advantages connected with the usage of complex fertilizers, such as field convenience and cost savings, are likely to drive market expansion. In addition, the rising demand for complex fertilizers due to their high nutritional content is expected to help the complex fertilizers market's growth. Other factors projected to drive the development of the worldwide complex fertilizers market are quickly increasing greenhouse output, limited supply of arable land, and rising food demand due to the world's fast-growing population. However, the market is anticipated to be hampered by increasing demand for organic fertilizers and rigorous regulations that have outlawed toxic fertilizers in several regions and countries.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of complex fertilizers. The growth and trends of complex fertilizers industry provide a holistic approach to this study.
This section of the complex fertilizers market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Complex Fertilizers market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the complex fertilizers market include Yara International ASA, The Mosaic Company, Corporation of Saskatchewan Inc., PJSC PhosAgro, CF Industries Holdings Inc., Haifa Chemicals Ltd., Israel Chemicals Limited, Adventz Group, and Eurochem Group AG. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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