Asia-Pacific Fertilizers Market Size & Share Analysis - Growth Trends and Forecast (2026 - 2031)

The Asia-Pacific Fertilizers Market Report is Segmented by Type (Complex and Straight), by Form (Conventional and Specialty), by Application Mode (Fertigation, Foliar, and Soil), by Crop Type (Field Crops, Horticultural Crops, and Turf and Ornamental), and by Geography (Australia, Bangladesh, China, India, Indonesia, Japan, Pakistan, and More). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons).

Asia-Pacific Fertilizers Market Size and Share

Asia-Pacific Fertilizers Market Size
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Asia-Pacific Fertilizers Market Analysis by Mordor Intelligence

The Asia-Pacific fertilizers market size was valued at USD 107.71 billion in 2025 and is forecast to grow from USD 112.02 billion in 2026 to reach USD 136.29 billion by 2031, at a CAGR of 4.0% during the forecast period (2026–2031). This trajectory mirrors rapid agricultural intensification, policy-backed shifts toward balanced nutrition, and the expansion of specialty product adoption across both mature and emerging economies. Higher horticultural exports from Vietnam and Thailand, subsidy rationalization in India and China, and sustained infrastructure investment in water-efficient irrigation systems together reinforce medium-term growth momentum. Manufacturers accelerate regional capacity additions for controlled-release and water-soluble fertilizers to capture premium demand segments, while producer margins remain vulnerable to volatile natural gas and phosphate rock prices. Competitive rivalry intensifies as global majors pursue acquisitions and distribution tie-ups that embed technology differentiation into local supply chains, creating opportunities for agile regional specialists to exploit niche micronutrient and carbon-smart solutions within the Asia-Pacific fertilizers market.

Key Report Takeaways

  • By type, straight fertilizers accounted for 59.0% of the Asia-Pacific fertilizers market share in 2025, while complex fertilizers are forecast to grow at a CAGR of 5.4% from 2026 to 2031.
  • By form, conventional fertilizers accounted for 72.0% of the Asia-Pacific fertilizers market size in 2025, while specialty fertilizers are forecast to grow at a CAGR of 7.1% from 2026 to 2031.
  • By application mode, soil application accounted for 61.5% of the market share in 2025, while fertigation is forecast to grow at a CAGR of 6.8% from 2026 to 2031.
  • By crop type, field crops accounted for 57.9% of the market share in 2025, while turf and ornamental applications are forecast to grow at a CAGR of 8.6% from 2026 to 2031.
  • By geography, China accounted for 28.1% of the market share in 2025, while India is forecast to grow at a CAGR of 5.3% from 2026 to 2031.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of 2026.

Asia-Pacific Fertilizers Market Segment Analysis

By Type:

Straight Fertilizers Dominate While Complex Fertilizers Lead Growth

Straight fertilizers accounted for 59.0% of the Asia-Pacific fertilizers market share in 2025, driven by the prevalent use of separate nitrogen, phosphorus, and potassium applications in major crop production systems. Nitrogenous fertilizers, particularly urea with its 46% nitrogen content, continue to lead demand due to their cost-effectiveness and widespread use in China and India. Phosphatic and potassic fertilizers remain critical for enhancing crop productivity, while increasing awareness of soil nutrient deficiencies is encouraging the adoption of micronutrients such as zinc.

Complex fertilizers are forecast to grow at a CAGR of 5.4% from 2026 to 2031. This growth is attributed to rising demand for balanced nutrient formulations that enhance nutrient-use efficiency and simplify fertilizer application processes. Government initiatives, such as India's USD 4.8 billion nutrient-based subsidy scheme for 2026 and measures to ensure fertilizer availability in China, are further promoting adoption across the region. Additionally, the expansion of precision farming practices is projected to drive demand for complex fertilizers throughout the forecast period.

By Form:

Conventional Fertilizers Lead, while Specialty Fertilizers Grow Fastest

Conventional fertilizers accounted for 72.0% of the market share in 2025, while specialty fertilizers are forecast to grow at a CAGR of 7.1% from 2026 to 2031, supported by increasing demand for nutrient-use efficiency. Water-soluble products top the growth leaderboard, encouraged by widespread fertigation rollouts in horticulture zones. Controlled-release fertilizers are gaining share as labor scarcity and leaching losses drive demand for single-shot applications, though scrutiny of polymer microplastics is intensifying.

ICL’s USD 170 million distribution pact with AMP Holdings underscores commercial confidence in specialty water-soluble offerings for premium fruit and vegetable crops. Liquid fertilizers ride the mechanization trend, especially in greenhouse and plantation settings, adding further momentum to the specialty segment within the Asia-Pacific fertilizers market.

Asia-Pacific Fertilizers Market Share by Form, 2025
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Asia-Pacific Fertilizers Market Share by Form, 2025

By Application Mode:

Soil Application Leads, while Fertigation Grows Fastest

Soil application accounted for 61.5% of the market share in 2025, while fertigation is forecast to grow at a CAGR of 6.8% from 2026 to 2031, driven by drip irrigation incentives and efforts to address water scarcity. Adoption is accelerating across India’s horticultural belts and coastal aquaculture ponds, with demand for precise sulfur-coated inputs to meet nutrient-leakage compliance requirements. Foliar sprays occupy a smaller niche, focused on rapid micronutrient correction in high-value produce.

Japan’s model of combining controlled-release prills with fertigation equipment inspires neighboring markets to upgrade their application protocols, boosting yields and reducing runoff. Integrated solution bundles offered by irrigation and fertilizer firms secure a rising share of new installations, expanding the Asia-Pacific fertilizers market.

By Crop Type:

Field Crops Lead, while Turf and Ornamental Applications Grow Fastest

Field crops accounted for 57.9% of the Asia-Pacific fertilizers market share in 2025, driven primarily by rice, wheat, and corn cultivation. However, turf and ornamental applications are forecast to grow at a CAGR of 8.6% from 2026 to 2031, driven by golf course expansion, public green space development, and residential landscaping across emerging middle-income economies. Horticultural crops maintain robust demand through export-oriented production that prioritizes consistency and compliance with residue regulations.

Rice alone accounts for one-third of the Asia-Pacific fertilizers market, owing to triple-cropping in southern China and intensification in the Mekong Delta. Landscape nutrition programs increasingly specify low-leach, iron-rich blends, creating margin-rich opportunities for specialty suppliers. Parallel growth in greenhouse vegetables enhances the uptake of liquid- and water-soluble nutrients, improving nutrient scheduling precision.

Asia-Pacific Fertilizers Market Share by Crop Type, 2025
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Asia-Pacific Fertilizers Market Share by Crop Type, 2025

Geography Analysis

China and India Fertilizers Market

China captured 28.1% of regional sales in 2025, supported by its integrated petrochemical network and extensive cereal cultivation. Despite being a mature market, policy-driven efficiency improvements and increasing penetration of specialty fertilizer products continue to support growth in the Asia-Pacific fertilizers market. India, projected to grow at a CAGR of 5.3% from 2026 to 2031, is benefiting from balanced subsidy reforms and digital soil-testing initiatives aimed at improving crop yields and micronutrient uptake among smallholder farmers.

ASEAN Fertilizers Market

Indonesia, Vietnam, Thailand, and the Philippines collectively exhibit robust growth in specialty fertilizers as export crop profitability encourages investment in drip irrigation and fertigation systems. Pupuk Indonesia’s target of 6.43 million metric tons output for 2025 sharpens domestic supply security, while Vietnam’s PVFCCo channels capex toward high-analysis water-soluble lines that feed its fast-growing fruit export value chain.

Australia, Japan and South Asia Fertilizers Market

Australia and Japan, though smaller in volume, shape technology adoption curves by piloting carbon-credit monetization, biodegradable coatings, and precision nutrient modeling. Meanwhile, Bangladesh and Pakistan are striving to diversify supply away from Chinese DAP through bilateral contracts with Middle Eastern manufacturers, illustrating how supply security concerns realign trade routes within the Asia-Pacific fertilizers market.

Competitive Landscape

The Asia-Pacific fertilizers market is fragmented, with Yara pursuing vertical integration from ammonia to specialty blends, while ICL and Nutrien aggressively expand distribution partnerships and specialty capacity to defend share. Regional champions such as Coromandel International and Kingenta leverage proximity advantages and government relationships to penetrate micronutrient and water-soluble niches.

Consolidation gathers pace, evidenced by Incitec Pivot’s acquisition of Yara Nipro’s liquid business and ICL’s specialty fertilizer deal with AMP Holdings in China, signaling a quest for end-to-end solution control. Product innovation centers on chitosan-coated controlled-release prills, sulfur-enhanced water-soluble powders, and data-enabled advisory platforms that guide dosage precision.

Disruptive entrants seek to differentiate through carbon-efficient nutrient pathways that may tap emerging voluntary carbon credit schemes. Competitive intensity is forecast to heighten as gas cost volatility and environmental regulation challenge margin resilience across the Asia-Pacific fertilizers market.

Asia-Pacific Fertilizers Industry Leaders

  1. Coromandel International Ltd.

  2. ICL Group Ltd

  3. Sinofert Holdings Limited

  4. Xinyangfeng Agricultural Technology Co., Ltd.

  5. Yara International ASA

  6. *Disclaimer: Major Players sorted in no particular order
Asia-Pacific Fertilizers Market Concentration
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Asia-Pacific Fertilizers Market Companies Covered in this Report

  • Coromandel International Ltd.
  • Grupa Azoty S.A. (Compo Expert)
  • Haifa Group
  • Hebei Sanyuanjiuqi Fertilizer Co., Ltd.
  • ICL Group Ltd
  • Sinofert Holdings Limited
  • Sociedad Quimica y Minera de Chile SA
  • Xinyangfeng Agricultural Technology Co., Ltd.
  • Yara International ASA
  • Zhongchuang xingyuan chemical technology co.ltd
  • Koch Agronomic Services, LLC
  • Nutrien Ltd.
  • Shandong Hualu-Hengsheng Chemical Co., Ltd.
  • Florikan ESA LLC
  • Kingenta Ecological Engineering Group Co., Ltd.

Recent Industry Developments in Asia-Pacific Fertilizers Market

  • June 2025: Xinyangfeng revealed external investment projects, including a new phosphorus-material circular economy industrial park. The projects involve capital expenditure for integrating upstream fertilizer supply, focusing on ammonium phosphate production.
  • August 2024: ICL signed a USD 170 million, five-year distribution agreement with AMP Holdings in China to deepen penetration into premium fruit segments.
  • January 2023: ICL entered into a strategic partnership agreement with General Mills, in which it will be the supplier of strategic specialty phosphate solutions to General Mills. The long-term agreement will also focus on international expansion.

Table of Contents for Asia-Pacific Fertilizers Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study
  • 1.3 Research Methodology

2. REPORT OFFERS

3. EXECUTIVE SUMMARY & KEY FINDINGS

4. KEY INDUSTRY TRENDS

  • 4.1 Acreage of Major Crop Types
    • 4.1.1 Field Crops
    • 4.1.2 Horticultural Crops
  • 4.2 Average Nutrient Application Rates
    • 4.2.1 Micronutrients
    • 4.2.1.1 Field Crops
    • 4.2.1.2 Horticultural Crops
    • 4.2.2 Primary Nutrients
    • 4.2.2.1 Field Crops
    • 4.2.2.2 Horticultural Crops
    • 4.2.3 Secondary Macronutrients
    • 4.2.3.1 Field Crops
    • 4.2.3.2 Horticultural Crops
  • 4.3 Agricultural Land Equipped for Irrigation
  • 4.4 Regulatory Framework
  • 4.5 Value Chain & Distribution Channel Analysis
  • 4.6 Market Drivers
    • 4.6.1 Subsidy Rationalization in India and China Shifting Demand Toward Balanced Fertilization
    • 4.6.2 Government-Funded Soil Health Card Initiatives Improving Micronutrient Adoption
    • 4.6.3 Surge in Specialty Fertilizer Capacity Expansions Across Southeast Asia
    • 4.6.4 Rising Horticulture Exports from Vietnam and Thailand Propelling Water-Soluble Demand
    • 4.6.5 Carbon-Credit Monetization Pilot Projects Rewarding Low-Emission Fertilizers
    • 4.6.6 Coastal Aquaculture Nutrient-Leakage Restrictions Driving Sulfur-Coated Products
  • 4.7 Market Restraints
    • 4.7.1 Volatile Ammonia and Phosphate Feedstock Prices Squeezing Producer Margins
    • 4.7.2 Stringent Chinese Export Quotas Limiting Regional Supply Security
    • 4.7.3 Proliferation of Counterfeit Fertilizer Bags in South Asia Eroding Brand Trust
    • 4.7.4 Growing Micro-Plastic Scrutiny on Polymer-Coated CRFs

5. MARKET SIZE AND GROWTH FORECASTS (VALUE AND VOLUME)

  • 5.1 By Type
    • 5.1.1 Complex
    • 5.1.2 Straight
    • 5.1.2.1 Micronutrients
    • 5.1.2.1.1 Boron
    • 5.1.2.1.2 Copper
    • 5.1.2.1.3 Iron
    • 5.1.2.1.4 Manganese
    • 5.1.2.1.5 Molybdenum
    • 5.1.2.1.6 Zinc
    • 5.1.2.1.7 Others
    • 5.1.2.2 Nitrogenous
    • 5.1.2.2.1 Ammonium Nitrate
    • 5.1.2.2.2 Anhydrous Ammonia
    • 5.1.2.2.3 Urea
    • 5.1.2.2.4 Others
    • 5.1.2.3 Phosphatic
    • 5.1.2.3.1 DAP
    • 5.1.2.3.2 MAP
    • 5.1.2.3.3 SSP
    • 5.1.2.3.4 TSP
    • 5.1.2.3.5 Others
    • 5.1.2.4 Potassic
    • 5.1.2.4.1 MoP
    • 5.1.2.4.2 SoP
    • 5.1.2.4.3 Others
    • 5.1.2.5 Secondary Macronutrients
    • 5.1.2.5.1 Calcium
    • 5.1.2.5.2 Magnesium
    • 5.1.2.5.3 Sulfur
  • 5.2 By Form
    • 5.2.1 Conventional
    • 5.2.2 Specialty
    • 5.2.2.1 CRF
    • 5.2.2.2 Liquid Fertilizer
    • 5.2.2.3 SRF
    • 5.2.2.4 Water Soluble
  • 5.3 By Application Mode
    • 5.3.1 Fertigation
    • 5.3.2 Foliar
    • 5.3.3 Soil
  • 5.4 By Crop Type
    • 5.4.1 Field Crops
    • 5.4.2 Horticultural Crops
    • 5.4.3 Turf and Ornamental
  • 5.5 By Geography
    • 5.5.1 Australia
    • 5.5.2 Bangladesh
    • 5.5.3 China
    • 5.5.4 India
    • 5.5.5 Indonesia
    • 5.5.6 Japan
    • 5.5.7 Pakistan
    • 5.5.8 Philippines
    • 5.5.9 Thailand
    • 5.5.10 Vietnam
    • 5.5.11 Rest of Asia-Pacific

6. COMPETITIVE LANDSCAPE

  • 6.1 Key Strategic Moves
  • 6.2 Market Share Analysis
  • 6.3 Company Landscape
  • 6.4 Company Profiles (Includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
    • 6.4.1 Coromandel International Ltd.
    • 6.4.2 Grupa Azoty S.A. (Compo Expert)
    • 6.4.3 Haifa Group
    • 6.4.4 Hebei Sanyuanjiuqi Fertilizer Co., Ltd.
    • 6.4.5 ICL Group Ltd
    • 6.4.6 Sinofert Holdings Limited
    • 6.4.7 Sociedad Quimica y Minera de Chile SA
    • 6.4.8 Xinyangfeng Agricultural Technology Co., Ltd.
    • 6.4.9 Yara International ASA
    • 6.4.10 Zhongchuang xingyuan chemical technology co.ltd
    • 6.4.11 Koch Agronomic Services, LLC
    • 6.4.12 Nutrien Ltd.
    • 6.4.13 Shandong Hualu-Hengsheng Chemical Co., Ltd.
    • 6.4.14 Florikan ESA LLC
    • 6.4.15 Kingenta Ecological Engineering Group Co., Ltd.

7. KEY STRATEGIC QUESTIONS FOR FERTILIZER CEOs

Asia-Pacific Fertilizers Market Report Scope

Complex and Straight are covered as segments by Type. Conventional and Specialty are covered as segments by Form. Fertigation, Foliar, and Soil are covered as segments by Application Mode. Field Crops, Horticultural Crops, Turf and Ornamental are covered as segments by Crop Type. Australia, Bangladesh, China, India, Indonesia, Japan, Pakistan, Philippines, Thailand, and Vietnam are covered as segments by Country.

By Type
Asia-Pacific Fertilizers Market segmentation breakdown
Complex
Straight Micronutrients Boron
Copper
Iron
Manganese
Molybdenum
Zinc
Others
Nitrogenous Ammonium Nitrate
Anhydrous Ammonia
Urea
Others
Phosphatic DAP
MAP
SSP
TSP
Others
Potassic MoP
SoP
Others
Secondary Macronutrients Calcium
Magnesium
Sulfur
By Form
Asia-Pacific Fertilizers Market segmentation breakdown
Conventional
Specialty CRF
Liquid Fertilizer
SRF
Water Soluble
By Application Mode
Asia-Pacific Fertilizers Market segmentation breakdown
Fertigation
Foliar
Soil
By Crop Type
Asia-Pacific Fertilizers Market segmentation breakdown
Field Crops
Horticultural Crops
Turf and Ornamental
By Geography
Asia-Pacific Fertilizers Market segmentation breakdown
Australia
Bangladesh
China
India
Indonesia
Japan
Pakistan
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Asia-Pacific Fertilizers Market segmentation breakdown
By Type Complex
Straight Micronutrients Boron
Copper
Iron
Manganese
Molybdenum
Zinc
Others
Nitrogenous Ammonium Nitrate
Anhydrous Ammonia
Urea
Others
Phosphatic DAP
MAP
SSP
TSP
Others
Potassic MoP
SoP
Others
Secondary Macronutrients Calcium
Magnesium
Sulfur
By Form Conventional
Specialty CRF
Liquid Fertilizer
SRF
Water Soluble
By Application Mode Fertigation
Foliar
Soil
By Crop Type Field Crops
Horticultural Crops
Turf and Ornamental
By Geography Australia
Bangladesh
China
India
Indonesia
Japan
Pakistan
Philippines
Thailand
Vietnam
Rest of Asia-Pacific

Market Definition

  • MARKET ESTIMATION LEVEL - Market Estimations for various types of fertilizers has been done at the product-level and not at the nutrient-level.
  • NUTRIENT TYPES COVERED - Primary Nutrients: N, P and K, Secondary Macronutrients: Ca, Mg and S, Micronutients: Zn, Mn, Cu, Fe, Mo, B, and Others
  • AVERAGE NUTRIENT APPLICATION RATE - This refers to the average volume of nutrient consumed per hectare of farmland in each country.
  • CROP TYPES COVERED - Field Crops: Cereals, Pulses, Oilseeds, and Fiber Crops Horticulture: Fruits, Vegetables, Plantation Crops and Spices, Turf Grass and Ornamentals
Asia-Pacific Fertilizers Market Glossary of Terms
Keyword Definition
Fertilizer Chemical substance applied to crops to ensure nutritional requirements, available in various forms such as granules, powders, liquid, water soluble, etc.
Specialty Fertilizer Used for enhanced efficiency and nutrient availability applied through soil, foliar, and fertigation. Includes CRF, SRF, liquid fertilizer, and water soluble fertilizers.
Controlled-Release Fertilizers (CRF) Coated with materials such as polymer, polymer-sulfur, and other materials such as resins to ensure nutrient availability to the crop for its entire life cycle.
Slow-Release Fertilizers (SRF) Coated with materials such as sulfur, neem, etc., to ensure nutrient availability to the crop for a longer period.
Foliar Fertilizers Consist of both liquid and water soluble fertilizers applied through foliar application.
Water-Soluble Fertilizers Available in various forms including liquid, powder, etc., used in foliar and fertigation mode of fertilizer application.
Fertigation Fertilizers applied through different irrigation systems such as drip irrigation, micro irrigation, sprinkler irrigation, etc.
Anhydrous Ammonia Used as fertilizer, directly injected into the soil, available in gaseous liquid form.
Single Super Phosphate (SSP) Phosphorus fertilizer containing only phosphorus which has lesser than or equal to 35%.
Triple Super Phosphate (TSP) Phosphorus fertilizer containing only phosphorus greater than 35%.
Enhanced Efficiency Fertilizers Fertilizers coated or treated with additional layers of various ingredients to make it more efficient compared to other fertilizers.
Conventional Fertilizer Fertilizers applied to crops through traditional methods including broadcasting, row placement, ploughing soil placement, etc.
Chelated Micronutrients Micronutrient fertilizers coated with chelating agents such as EDTA, EDDHA, DTPA, HEDTA, etc.
Liquid Fertilizers Available in liquid form, majorly used for application of fertilizers to crops through foliar and fertigation.

Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: IDENTIFY KEY VARIABLES: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
research-methodology
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Key Questions Answered in the Report

What is the projected growth of the Asia-Pacific fertilizer market from 2026 to 2031?

The Asia-Pacific fertilizers market size is estimated at USD 112.02 billion in 2026 and is forecast to reach USD 136.29 billion by 2031.

Which segment is growing fastest by form?

Specialty fertilizers are forecast to grow at a CAGR of 7.1% from 2026 to 2031.

Why is fertigation gaining share in the region?

Rising drip irrigation installations and the need for precise nutrient delivery are pushing fertigation adoption.

What is driving micronutrient demand?

Soil health card programs revealing widespread zinc, boron, and iron deficiencies are propelling targeted micronutrient fertilizer uptake.

How are Chinese export quotas affecting the market?

Quota uncertainty restrains regional DAP and urea availability, prompting importers to diversify supply and hold larger safety stocks.

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