The demand for zinc fertilizers Market is projected to rise at a rate of 8.20% in the 2021 to 2028 forecast period. Rising food demand and increasing population numbers are likely to serve as a driver for the market for zinc fertilizers in the 2021-2028 projected timeframe
Market Scope and Market Size of Global Zinc Fertilizers
Zinc fertilizers market is segmented on the basis of crop type, form, and method of application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of crop type, the zinc fertilizers market is segmented into food crops, cash crops, plantation crops, horticulture crops, and grasslands. Food crops have been further segmented into grains, and pulses. Cash crops have been further segmented into sugarcane, tobacco, cotton, jute, oilseed, and others. Plantation crops have been further segmented into coffee, tea, coconut, rubber, and others. Horticulture crops have been further segmented into fruits, and vegetables. Grasslands have been further segmented into golf courses, gardens, lawns, sports fields, and others.
- Based on mode of application, the zinc fertilizers market is segmented into foliar spraying, fertigation, sowing, broadcasting, spraying, drip method, and others.
- Based on the form, the zinc fertilizers market is segmented into solids, liquids, and gaseous. Solids have been further segmented into granular, powdered, and crystalline. Liquids have been further segmented into solutions, and suspensions.
Market Analysis and Insights: Global Zinc Fertilizers Market
One of the micronutrients for plant nutrition is known to be zinc. Zinc fertilizers are widely applied worldwide too many crops. ZnSO4 and ZnO are the most common sources, but other inorganic products and sources are also used, such as chelates and natural organic complexes. Zn-containing industrial by-products are also processed and marketed as Zn fertilizers.
Rapid industrialization as well as urbanization across the globe, rising usages of the product to enhance the productivity of crops, rising awareness among the people over reducing the carbon footprints on the planet, rising number of government policies to increase green areas to improve environmental conditions are some of the major as well as important factors which will likely to accelerate the growth of the zinc fertilizers market in the projected timeframe of 2021-2028. On the other hand, increasing preferences among the farmers to use environmental friendly bio-fertilizers along with growing number of technological advancement which will further contribute by generating immense opportunities that will led to the growth of the zinc fertilizers market in the above mentioned projected timeframe.
Extensive use of fertilizers is prompt to contaminate the ground water to adverse levels along with stringent government policies which will likely to act as market restraints factor for the growth of the zinc fertilizers in the above mentioned projected timeframe. Volatility in the prices of raw material along with demand supply gap which will become the biggest and foremost challenge for the growth of the market.
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Country Level Analysis of Zinc Fertilizers Market
The countries covered in the zinc fertilizers market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Zinc Fertilizers Market Share Analysis
Zinc fertilizers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to zinc fertilizers market.
Key Drivers in Zinc Fertilizers Market
The major players covered in the zinc fertilizers report are Yara; The Mosaic Company; Haifa Group; IFFCO; ICL Fertilizers; BASF SE; CF Industries Holdings, Inc.; Nutrien Ltd.; K+S Aktiengesellschaft; OCP; Changsha Latian Chemicals Co., Ltd; Coromandel International Corporation; Syngenta Crop Protection AG; SQM S.A.; Unikeyterra; BAGFAŞ; Nufarm Ltd; Zuari Agro Chemicals LTD; Kugler Company.; Valagro.; among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: Zinc Fertilizers Market
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