Fertilizers are used to fulfill the deficiencies in the soil so that it can supply essential nutrients to the plants. The chemical/inorganic fertilizers primarily consist of substances derived from nitrogen, phosphorus, and potassium. These three nutrients form the largest bulk and cost of most production. In this report, we are going to discuss various form of active ingredients used for NPK fertilizers.
High population growth leading to food security concern over the region along with increasing awareness among farmers in developing countries are primarily driving the fertilizer market growth. Land use efficiency through the use of fertilizers will help the market growth. While the potential of growth is comparatively high in the developing countries of Asia-Pacific, the demand would be restricted by land fragmentation and lower adaptability of fertilizers in the region.
The regionâ€™s fertilizer market is classified on the basis of type, crop application and geographical distributions. By type, the market is explained by nitrogen, phosphorus, potash and other macro fertilizers wherein nitrogen based fertilizers account for highest market share. By application, the market is explained both by crop and non-crop.
The region would experience the highest CAGR growth in the world fertilizer industry. The Asia-Pacific fertilizers market demand is led by agricultural countries like- China and India. Countries like Thailand and Vietnam would experience higher growth in the forecast period. The economic improvements and growing export market would register market growth for fertilizers in the region.
Major players accounting for substantial market share in Asia-Pacific region are Agrium, Yara International, SinofeRT Holding Ltd., Terra Nitrogen Company, Potash Corp, Sumitomo Chemical Etc. Geographical expansion with country specific product innovations is the major strategy followed by market players. Product innovation is seen as a long term strategy for the industry.
1.1 Key Deliverables of the study
1.2 Study Assumptions
1.3 Market Definition
2. Research Approach & Methodology
2.2 Research Designs
2.3 Study Timelines
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering and Econometric Modelling
2.4.4 Expert Validation
3. KEY FINDINGS OF THE STUDY
4. MARKET OVERVIEW
5. MARKET DYNAMICS
5.1.1 Increased awareness among farming community
5.1.2 Increasing demand for food grains
5.1.3 Need for better land use efficinecy
5.2.1 Arable land fragmentation
5.2.2 Low adaptability to changing practices
5.3.1 Prefernce for healthy and nutrient rich food
5.3.2 Product Innoavtions and multi functional fertilizers
5.3.3 INM practices
5.4 Porter's Five Forces Analysis
5.4.1 Bargaining Power of Suppliers
5.4.2 Bargaining Power of Buyers
5.4.3 Threat of New Entrants
5.4.4 Threat of Substitute Products and Services
5.4.5 Degree of Competition
6. MARKET SEGMENTATION
6.1 Fertilizers Market, By Type
22.214.171.124 Calcium Ammonium Nitrate (CAN)
126.96.36.199 Ammonium Nitrate
188.8.131.52 Ammonium Sulfate
184.108.40.206 Other Nitrogenous Fertilizers
220.127.116.11 Mono-Ammonium Phosphate (MAP)
18.104.22.168 Di-Ammonium Phosphate (DAP)
22.214.171.124 Triple Superphosphate (TSP)
126.96.36.199 Other Phosphatic Fertilizers
6.2 Fertilizers Market, By Application
6.2.1 Crop based
188.8.131.52 Grains & Cereals
184.108.40.206 Oil seeds
220.127.116.11 Fruits & Vegetables
6.2.2 Non Crop based
18.104.22.168 Turf & Ornamental Grass
6.3 Fertilizers Market, By Geography
7. Competitive Landscape
7.1 Mergers & Acquisitions
7.2 Joint Ventures
7.3 New Product Launches
7.4 Most active companies in the past five years
7.5 Market Share Analysis
8. Company Profiles
8.1 Eurochem Group
8.3 CF Industries Holdings
8.4 Potash Corporation of Saskatchewan
8.5 Coromandel International Limited
8.6 Yara International
8.7 Bunge (BG)
8.8 Archer-Daniels-Midland (ADM)
8.9 SinofeRT Holding Ltd.
8.10 Terra Nitrogen Company
8.11 Monsanto Company
8.12 E.I. Du Pont De Nemours & Company
8.13 Makhteshim Agan Industries Ltd.
8.14 Nufarm Ltd.
8.15 Sumitomo Chemical
8.16 Dow Agrosciences Llc.
8.17 Israel Chemicals Ltd.
8.18 Syngenta AG.
8.19 K+S AG
8.21 Indian Farmers Fertiliser Cooperative
8.22 Haifa Group
8.23 Sociedad Quimica Y Minera De Chile SA