New Market Report "Water Soluble Fertilizers Market For Fertigation and Foliar Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019", the global water soluble fertilizers market was valued at USD 2.44 billion in 2012 and is expected to reach USD 13.72 billion by 2019, growing at a CAGR of 5.6% over the forecast period from 2013 to 2019. The global water soluble fertilizer market volume was 9,433.0 kilo tons in 2012.
Growth of fertigation application of water soluble fertilizers aided by the growing adoption of micro irrigation systems is anticipated to be the key driver for global water soluble fertilizers market over the next six years. However, harmful effects of over fertilization, such as ocean dead zones, ground water contamination and disturbance in ecological balance, is expected to hinder market growth over the forecast period.
Browse Global Water Soluble Fertilizers Market Report with Full TOC at http://www.transparencymarketresearch.com/water-soluble-fertilizers.html
Water soluble fertilizers are mineral fertilizer formulations that are completely soluble in water. These fertilizers find utility in fertigation and foliar application which require micro irrigation systems for dispensing the water soluble formulations of nutrients. Micro irrigation systems include drip irrigation equipment, micro sprinklers and sprays among others. Such systems help in better, controlled dispersion of water soluble fertilizers while being economical about the amount of fertilizer and water utilized as well as the energy and labor spent on applying the fertilizers.
Water soluble fertilizers market in Asia Pacific is expected to grow at a CAGR of 5.1% given huge demand from China and India. OwingTransparency Market Research to increasing adoption rate of micro irrigation systems in the region, the demand for water soluble fertilizers is expected to be extensive in the coming years. Moreover, Latin America and Africa...