The demand for zinc fertilizers is projected to rise at a rate of 8.20% in the 2021 to 2028 forecast period. Rising food demand and increasing population numbers are likely to serve as a driver for the market for zinc fertilizers in the 2021-2028 projected timeframe.
One of the micronutrients for plant nutrition is known to be zinc. Zinc fertilizers are widely applied worldwide too many crops. ZnSO4 and ZnO are the most common sources, but other inorganic products and sources are also used, such as chelates and natural organic complexes. Zn-containing industrial by-products are also processed and marketed as Zn fertilizers.
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The major players covered in the zinc fertilizers report are Yara; The Mosaic Company; Haifa Group; IFFCO; ICL Fertilizers; BASF SE; CF Industries Holdings, Inc.; Nutrien Ltd.; K+S Aktiengesellschaft; OCP; Changsha Latian Chemicals Co., Ltd; Coromandel International Corporation; Syngenta Crop Protection AG; SQM S.A.; Unikeyterra; BAGFAS; Nufarm Ltd; Zuari Agro Chemicals LTD; Kugler Company.; Valagro.; among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Global Zinc Fertilizers Market Scope and Market Size:
Global Zinc fertilizers market is segmented on the basis of crop type, form, and method of application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of crop type, the zinc fertilizers market is segmented into food crops, cash crops, plantation crops, horticulture crops, and grasslands. Food crops have been further segmented into grains, and pulses. Cash crops have been further segmented into sugarcane, tobacco, cotton, jute, oilseed, and others. Plantation crops have been further segmented into coffee, tea, coconut, rubber, and others. Horticulture crops have been further segmented into fruits, and vegetables. Grasslands have been further segmented into golf courses, gardens, lawns, sports fields, and others.
- Based on mode of application, the zinc fertilizers market is segmented into foliar spraying, fertigation, sowing, broadcasting, spraying, drip method, and others.
- Based on the form, the zinc fertilizers market is segmented into solids, liquids, and gaseous. Solids have been further segmented into granular, powdered, and crystalline. Liquids have been further segmented into solutions, and suspensions.
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Zinc Fertilizers Market Country Level Analysis:
Zinc fertilizers market is analysed and market size, volume information is provided by country, crop type, form, and mode of application as referenced above.
The countries covered in the zinc fertilizers market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the zinc fertilizers market due to the increasing usages of fertilizers to enhance the productivity of the crops along with growth of the fertilizers market in the region while North America region will expect to grow in the forecast period of 2021-2028 due to the increasing number of import export activities along with rising production of the fertilizers in the region.
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