Water
soluble fertilizer demand in India stood at 171.93 KTPA
in 2018 and is projected to grow at a CAGR of 5.64% during 2019-2030, on the
back of growing use of customized fertilizers for specific crops in fertigation
or foliar applications in agriculture industry. Water soluble fertilizers are
essential for the cultivation of healthy crops, but they are highly expensive
in India. Therefore, significant number of fertilizer manufacturers import
cheap water soluble fertilizers from European countries and other parts of the
world to cater to the increasing demand for these fertilizers from horticulture
industry. Moreover, high margins on imported products in the country are
promoting the trend of importing water soluble fertilizers in India. Additionally,
complex water soluble fertilizers are customized by adding micronutrients to
obtain desired growth results on crops.
Years Considered for this Report:
Historical Years: 2013 – 2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020 – 2030
Objective of the Study:
- The primary objective of the study was to evaluate and forecast water soluble fertilizer capacity, production, demand,
inventory, and demand – supply gap in India.
- To categorize water soluble
fertilizer demand based on end use, fertilizer type, crop type,
region and sales channel.
- To study trade dynamics and company share in India water soluble
fertilizer market.
- To evaluate and forecast water soluble fertilizer pricing by type
in India.
- To identify and profile major companies operating in India water soluble fertilizer
market.
- To identify trending news,
deals and expansion plans in India water soluble fertilizer market.
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Some of the major players operating in India water
soluble fertilizer market are Coromandel
SQM (India) Private limited, Mangalore Chemicals & Fertilizers Limited,
Smartchem Technologies Limited, Nagarjuna Fertilizers & Chemicals Limited,
DCM Shriram Consolidated Limited, Greenstar Fertilizers Limited, Grasim
Industries Limited, Indian Farmers Fertiliser Cooperative Limited (IFFCO), etc.
To extract data for India water
soluble fertilizer market, primary
research surveys were conducted with water soluble
fertilizer manufacturers, suppliers,
distributors, wholesalers and end users. While interviewing, the respondents
were also inquired about their competitors. Through this technique, TechSci
Research was able to include manufacturers that could not be identified due to
the limitations of secondary research. Moreover, TechSci Research analyzed
various end user segments and projected a positive outlook for India water
soluble fertilizer market over the
coming years.
TechSci Research calculated water
soluble fertilizer demand in India
by analyzing the historical data and demand forecast was carried out
considering the growth in agricultural sector. TechSci Research sourced these
values from industry experts and company representatives and externally
validated through analyzing historical
sales data of respective manufacturers to arrive at the overall market size.
Various secondary sources such as company websites, association reports, annual
reports, etc., were also studied by TechSci Research.
Key
Target Audience:
- Water soluble fertilizer
manufacturers and other stakeholders
- Organizations, forums and alliances related to
water soluble fertilizer distribution
- Government bodies such as regulating
authorities and policy makers
- Market research organizations and consulting
companies
The study is useful in
providing answers to several critical questions that are important for industry
stakeholders, such as water soluble fertilizer manufacturers, distributors and
policy makers. The report also provides useful insights about which market
segments should be targeted over the coming years to strategize investments and
capitalize on growth opportunities.
Report Scope:
In this report, India water
soluble fertilizer market has been segmented into
following categories:
Available Customizations:
With the given
market data, TechSci Research offers customizations according to a company’s
specific needs.
In case you can’t find what, you are looking for
then please get in touch with our custom research team at [email protected]