“Specialty Fertilizers are small fertilizer particles that restrict the amount of moisture contact and help gradually release fertilizer nutrients into the crops, which can be for weeks or for months as well. Specialty fertilizers contribute to advanced fertilizer management programs and to innovative farming systems. They significantly reduce possible loss of nutrients, particularly losses of nitrate nitrogen between applications, and uptake by the plant through gradual nutrient release. They also reduce loss of ammonia due to evaporation, which substantially decreases the risk of environmental pollution. The demand for these fertilizers is on a surge because of the advantages they provide over the conventional fertilizers. They help reduce the environmental effects which conventional fertilizers pose to the earth.
The specialty fertilizers market has been segmented by type, application, target crop and geography exclusively. Based on the types of specialty fertilizers commercially available, the market is categorized in to potassium nitrate, urea, granular n and p fertilizers (GNP), granular N, P and K fertilizers (GNPK), granular P and K fertilizers (GPK), mono-ammonium phosphate (Map), mono-potassium phosphate (MKP), potassium sulfate, potassium chloride, ammonium nitrate and others. Each type varies greatly and the composition is different with different technical specifications. The key user segments include hydroponics, fertigation, horticulture, aquaculture, foliar nutrition, and others. The market is further divided into the target crops which use these specialty fertilizers into fruits and vegetables, cash crops, oilseeds, turf & ornamentals and others.
The overall market is also presented from the perspective of different geographic regions and the key countries in each region. The market has been segmented in to four regions North America, Europe, Asia-pacific and Rest of the World. Competitive landscape for industry and market players are...