asia-pacific-fertilizers-market
Published

February 2017

Asia-Pacific Fertilizers Market – Growth, Trends and Forecasts (2017-2022)

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Market Insights

The Asia-Pacific fertilizer industry shall have an impressive CAGR of 3.9% over the forecast period of 2017-2022, as the nutrient requirements and active ingredients usage are set to rise. Factors supporting the market are economic growth, potential for the agriculture sector, and input-output prices.

Market Dynamics

High population densities leading to food security concerns in the region, along with increasing awareness among farmers of developing countries are driving the fertilizer market. Land use efficiency through the use of fertilizers shall help the market. The demand would be restricted by land fragmentation and lower adaptability of fertilizers in the region.

Market Segmentation

By type, the market is divided into nitrogen, phosphorus, potash and other macro fertilizers wherein nitrogen-based fertilizers account for the highest market share. By application, the market is explained by crop and non-crop usage.

The region would experience the highest CAGR in the world fertilizer industry led by agricultural countries like China and India. Thailand and Vietnam would experience higher growth over the forecast period. The economic improvements and expanding export market would register market growth for fertilizers in the region.

Key Industry Players

Major players accounting for substantial market share in the region are:

  • Agrium
  • Yara International
  • SinofeRT Holding Ltd.
  • Terra Nitrogen Company
  • Potash Corp
  • Sumitomo Chemical

Geographical expansion with country specific product innovations is the major strategy followed by market players.

Key Deliverables in the Study

  • Market analysis for the Asia-Pacific fertilizers market, with region specific assessments and competition analysis on global and regional scales.
  • Market definition along with the identification of key drivers and restraints.
  • Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
  • Extensively researched competitive landscape section with profiles of major companies along with their market shares.
  • Identification and analysis of the macro and micro factors that affect the Asia-Pacific fertilizers market on both global and regional scales.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
  • Wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
  • Insights into the major countries/regions in which this industry is growing and identifying the regions still untapped.
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