Cultivating Sustainability: Dynamics of the Organic Fertilizers Market
Driving Force: Surge in Organic Food Sales
The organic fertilizers market is experiencing robust growth, propelled by the increasing demand for organic food. This surge is fueled by consumer preferences for healthier options and regulatory initiatives promoting organic farming practices. With a growing awareness of health and environmental concerns, consumers are opting for organic food, thereby...
High Demand for Various Crops in the Asia Pacific Regions is Projected to Drive the Growth of the Sulfur Fertilizers Market
The global sulfur fertilizers market is estimated to be valued at USD 4.6 billion in 2020 and is projected to reach a value of USD 5.1 billion by 2025, recording a CAGR of 2.2% during the forecast period. Factors such as the increase in sulfur deficiencies in the soil and high consumption of traditional sulfate fertilizers are projected to drive the growth of the sulfur fertilizers market.
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Asia Pacific is Projected to be the Fastest-Growing in the Catalyst Fertilizers Market Through 2023
The catalyst fertilizers market is estimated to account for USD 2.3 billion in 2018 and is projected to reach USD 2.5 billion by 2023, at a CAGR of 2.36% during the forecast period. The market is primarily driven by growth in the production of fertilizers and expansion of production facilities in Asia. Also, with the increase in greenhouse gas emissions from ammonia plants, innovations in...
Increase in the Number of Fertilizer Production Plants Fuels the Demand for Catalyst Fertilizers
The report “Catalyst Fertilizers Market by Fertilizer Production Process (Haber-Bosch Process, Contact Process), Metal Group (Base Metals, Precious Metals), Fertilizer Application (Nitrogenous, Phosphatic), and Region – Global Forecast to 2023″ The catalyst fertilizers market is projected to reach USD 2.5 billion by 2023, from USD 2.3 billion in 2018, at a CAGR of 2.36% during the...
Intensifying business opportunities in Agrochemicals Market to Maintain Healthy CAGR in Coming Years
The agrochemicals market is driven by the limited availability of arable land, rising environmental concerns, adoption of technology driven farming practices, high efficiency of chemicals, and increased resistance among pests. Advances in plant breeding and management expertise have resulted in crops with a higher yield potential, which need efficient agrochemicals for more productivity. The growth...