Insights on the Fertilizers Global Market to 2027 - Featuring Groupe OCP, Haifa Group and Yara International Among Others - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jun 9, 2021--
The “Fertilizers - Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Amid the COVID-19 crisis, the global market for Fertilizers estimated at US$156 Billion in the year 2020, is projected to reach a revised size of US$202.1 Billion by 2027, growing at a CAGR of 3.8% over the period 2020-2027.
Straight Fertilizers, one of the segments analyzed in the report, is projected to record 3.9% CAGR and reach US$163.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Complex Fertilizers segment is readjusted to a revised 3.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $42.2 Billion, While China is Forecast to Grow at 6.1% CAGR
The Fertilizers market in the U.S. is estimated at US$42.2 Billion in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$40.5 Billion by the year 2027 trailing a CAGR of 6.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.2% and 3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.
Select Competitors (Total 38 Featured):
- Coromandel International Limited
- Groupe OCP
- Haifa Group
- ICL Fertilizers
- K+S Group
- Nutrien Limited
- Sinofert Holdings Limited
- Sociedad Quimica y Minera (SQM)
- The Mosaic Company
- UralChem JC
- Yara International
- Zao Zavod Binit
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
- Total Companies Profiled: 38
For more information about this report visit https://www.researchandmarkets.com/r/2osh78.
View source version on businesswire.com:https://www.businesswire.com/news/home/20210609005785/en/
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KEYWORD: CHINA UNITED STATES NORTH AMERICA ASIA PACIFIC
INDUSTRY KEYWORD: CHEMICALS/PLASTICS AGRICULTURE NATURAL RESOURCES MANUFACTURING
SOURCE: Research and Markets
Copyright Business Wire 2021.
PUB: 06/09/2021 01:36 PM/DISC: 06/09/2021 01:36 PM