EUROPE SPECIALTY FERTILIZER MARKET - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2028

The market for speciality fertilisers in Europe is anticipated to grow at a CAGR of 4.47%. The market for controlled-release fertilisers in Europe increased significantly during the study period by 44.67%, and in 2021, polymer-coated CRF held the majority share of 57.7% among all other coatings. During the study period, the value of polymer-coated controlled-release fertiliser increased by 44.03% while the volume increased by 1.58%.

The main fertiliser used in the region is sulfur-coated fertiliser, a slow-release fertiliser, and it was responsible for 25.7% of the market's increase during the study period. In 2021, complex fertilisers made up 21.8% of the market under investigation by type, while straight fertilisers made up 78.08%.

Most secondary macronutrient applications in the area employ water-soluble fertilisers. In Europe, water-soluble fertilisers make up about 35.7% of all micronutrient fertilisers and 6.4% of all secondary macronutrient fertilisers.

Liquid fertilisers make up 40.6% of the speciality fertiliser industry in Europe because they can easily seep into the soil and allow plants to absorb nutrients more quickly. They can be sprayed at a time that will lower the expense to the grower by combining them with other crop protection chemicals.
About 54.3% of all speciality fertilisers sold in Europe in 2021 were water-soluble fertilisers. The volume of liquid fertiliser used in all of Europe's field crops, horticultural crops, turfs, and decorative plants accounted for 82.3%, 7.24%, and 10.29%, respectively. 

Major Players:  Achema, EuroChem Group, Fertiberia, ICL GROUP LTD and Yara International ASA 


Comments

Post a Comment

Popular posts from this blog

Shipping Containers Market Projected to Reach USD 12.77 Billion by 2030, Driven by E-commerce Growth and Cold-Chain Expansion

  Introduction   The global shipping containers market is experiencing steady growth, with projections indicating an increase from USD 10.27 billion in 2025 to USD 12.77 billion by 2030, reflecting a compound annual growth rate (CAGR) of 4.46%. According to Mordor Intelligence Shipping Containers Market Report , this expansion is primarily fueled by the surge in e-commerce activities, the need for efficient cold-chain solutions, and advancements in intermodal transportation.   Key Trends   E-commerce Fulfillment   The rapid growth of e-commerce has significantly impacted on the shipping containers market. The demand for faster and more efficient delivery systems has led to increased use of standardized containers, particularly 40-foot units, which accounted for 52.64% of the market share in 2024.   Cold-Chain Expansion   The pharmaceutical and food industries' need for temperature-controlled transportation has driven the demand for refrigerated c...
Read more

DATA CENTER POWER MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

  The IT industry requires on-premise private data storage and hyper-scale data centres for its operations, depending on the size of the organization. Additionally, the adoption of cloud storage has increased over the years due to growth among SaaS providers, enabling cloud storage providers to expand their capacities. Hence, the increasing data load requires more power. This creates a requirement for efficient power solutions in IT applications. According to the Data Center Survey recently published by Vertiv, 98% of the participants voted for IT utilization to be above 20% by 2025. This indicates that IT companies are focusing on deploying an efficient power source for their data centres and increasing their utilization rate. Cloud storage providers, like AWS, Microsoft, and Google, are expanding their storage capabilities to offer more efficient workflows in the cloud. These companies are making investments in hyperscale deals. For instance, in June last year, Amazon Web Service...
Read more

Second Hand Furniture Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 The Off-the-Shelf Second Hand Furniture Market is segmented into the distribution channel, which is further segmented into online and offline, out of which the offline segment, with a larger market share in 2021, is anticipated to have the largest share during the forecast period. However, with the rise of an increasing number of smartphone users and increasing penetration of internet users, the market share for the online segment is expected to grow at a higher rate over the forecast period. The Asia Pacific is expected to account for a larger share in terms of revenue during the forecast period. The increasing size of the online marketplace for second-hand goods is anticipated to drive the growth of the Asia Pacific regional market.  The Off-The-Shelf Second Hand Furniture Market size is estimated at USD 21.30 billion in 2023, and is expected to reach USD 29.28 billion by 2028, growing at a CAGR of 6.57% during the forecast period (2023-2028). The market is increasi...
Read more