Includes Trends & Forecasts to 2018 and Profiles of Key Companies in the Market

DUBLIN, IRELAND--(Marketwired- Feb 25, 2014) - Research and Markets (http://www.researchandmarkets.com/research/x2685w/water_soluble) has announced the addition of the "Water Soluble Fertilizers Market by Types, Applications, Crop Types & Geography - Trends & Forecasts to 2018" report to their offering.

The global water-soluble fertilizer market is witnessing a steady growth on account of the increasing market for micro-irrigation systems and protected cultivation. A water-soluble fertilizer can be quickly and completely absorbed by the plants; hence, they are used in fertigation or foliar application.

Water-soluble fertilizers have proven advantages over chemical fertilizers in terms of increased yield, reduced labor costs, and a simple process of application. Also, they are required in lesser amounts than solid chemical fertilizers. Hence, the concept of water-soluble fertilizers is viewed as a business opportunity in a sluggishly growing fertilizer market. As a result, many multinational fertilizers players have entered into the production and marketing of water-soluble fertilizers.

Nitrogenous water-soluble fertilizers account for the major market share followed by phosphatic, and potassic water-soluble fertilizers. The acceptance for others water-soluble fertilizers with micronutrients, biostimulants, biofertilizers, etc. is increasing. Higher efficiency of water-soluble fertilizers than the chemical fertilizers is the major reason driving the demand. Many major players are focused on Asia-Pacific region for business expansion as the increasing rate of awareness among the farmer and increasing area under micro-irrigation has triggered the demand for water-soluble fertilizers.

The global market for water-soluble fertilizers in terms of revenue was estimated to be worth around $10,758.7 million in 2012 and is expected to reach $14,709.4 million by 2018, growing at a CAGR of 5.3% from 2013 to 2018. Europe and North America are the two dominating regions of water-soluble fertilizers in the world. Europe covered around 40.1% of global water-soluble fertilizer market in 2012 where North America had 31.9% share of the global value. Growth is particularly high in countries such as China, India, and Israel because of the increased demand for food, innovative production practices, and sprawling network of micro irrigation and mechanized irrigation systems.

The key participants in the global water-soluble fertilizers market are Agrium (Canada), Israel Chemical (Israel), Iowa Fertilizer (Egypt), Qatar Fertilizer (Qatar), Yara International (Norway), and Sinochem Fertilizer Co. Ltd. (China). The global water-soluble fertilizers market is witnessing rapid developments in the areas of mergers & acquisitions and joint ventures. The leading companies are focused on expansion of the business across regions and setting up new plant for increasing production capacity as well as product line.

Scope of the Report

Types

Nitrogenous Water-soluble Fertilizers

Phosphatic Water-soluble Fertilizers

Potassic Water-soluble Fertilizers

Other Water-soluble Fertilizers (Micronutrients)

Biofertilizers

Biostimulants

Crop Types

Field Crops

Horticultural Crops

Turf and ornamentals

Others (Plantation crops, Hydroponics)

Applications

Fertigation

Foliar

Geography

North America

Europe

Asia-Pacific

ROW

Company Profiles Covered(Overview, Financial, Products & Services, Strategy, and Developments)

Agrium Inc.

Apache Corporation

Arab Potash Company Plc

Aries Agro Limited

Coromandel International Limited

Eurochem

Gujarat State Fertilizers & Chemicals Ltd

Haifa Chemicals Limited

Israel Chemicals Ltd (ICL)

K+S Ag

Kuibyshevazot O Jsc

Orascom Construction Industries Sae

Petróleo Brasileiro S.A. - Petrobras

Potash Corp. of Saskatchewan Inc.

Qatar Fertiliser Company (S.A.Q.)

Rashtriya Chemicals and Fertilizers Ltd.

Sichuan Meifeng Chemical Industry Co. Ltd

Sinochem Group

Sociedad Quimica Y Minera Sa (SQM)

The Mosaic Co.

Uralkali Jsc

Yara International Asa

Zuari Global Limited

For more information visithttp://www.researchandmarkets.com/research/x2685w/water_soluble.

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Sector: Agrochemicals and Fertilisers