The global NPK Fertilizers market is anticipated to grow at a CAGR of 5.86% during the forecast period, to reach a total market size of US$18,377.879 million in 2024 from US$13,058.824 million in 2018. Fertilizer is any organic or inorganic material that is applied to plant or soil to provide the essential and necessary nutrients that it lacks for the essential and efficient growth of the plant. Fertilizers are generally categorized as single nutrient or multi-nutrient depending on the compos Read more...
The global Tetrakis phosphonium sulphate market is estimated to grow at a CAGR of 3.79% to reach a market size of US$ 312.469 million by 2024, from US$249.975 million in 2018.Tetrakis Phosphonium Sulphate is also known as Tetrakis(hydroxymethyl) phosphonium sulphate is a clear colorless compound that has many uses such as flame retardant, biocides, tanning agent. The demand for Tetrakis phosphonium sulphate is primarily driven by industries such as oil and gas, textile and water treatment. Mos Read more...
The animal parasiticides market was valued at US$9.562 billion in 2018 and is anticipated to grow at a CAGR of 5.48% to reach a market size of US$13.172 billion by 2024. The market is expected to witness lucrative growth due to the significant increase in the expenditure on animal health along with the rising adoption of pets. Increasing awareness about the animal transmitted disease and rising initiatives by the government and animal welfare association works as the driving force for the grow Read more...
The biorationals market is expected to reach $5,284.245 million by 2024 from $2,586.093 million in 2018 growing at a CAGR of 12.65%. Growing global population is putting pressure on limited arable land available for which farmers are adopting advanced agricultural solutions. Harmful impact of agrochemicals is encouraging companies to deliver sustainable solutions across the agricultural sector. As a result, the demand for biorationals is rising to maximize quality, productivity, and sustainabi Read more...
Agricultural adjuvants help in enhancing the efficiency of pesticides and thereby increases the yield and productivity of crops. Agricultural adjuvants include fertilizers, oils, ammonium, and surfactants. The global agricultural adjuvants market is projected to witness a compound annual growth rate of 4.98% during the forecast period to reach a total market size of US$4.100 billion by 2023, increasing from US$3.062 billion in 2017. Growing population coupled with rapid urbanization as well as m Read more...
The water soluble fertilizers market is anticipated to grow at a CAGR of 5.15% during the period 2018-2024. Water-soluble fertilizers are essentially used to accelerate the growth of crops and uphold the overall health of the plants thereby enhancing productivity. The growing demand for food products owing to the ever-growing population, increasing spending power and urbanizing society in developing nations, drive the need to enhance farm productivity. As per an FAO report, feeding a wor Read more...
Global crop protection chemicals market is projected to witness a compound annual growth rate of 6.05% during the forecast period to reach a total market size of US$81.394 billion by 2022, increasing from US$60.680 billion in 2017. Rising need for food security due to strict regulations introduced by many governments, increasing foodborne diseases and growing population, drive the demand for crop protection chemicals. The rising investments in R&D and agricultural sector have led to contin Read more...
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