Global NPK Fertilizers Market is expected to reach $3.92 billion by 2027 growing at a CAGR of 6.1% during 2018 to 2027.

Some of the key players in the NPK (Nitrogen, Phosphorous, and Potassium) Fertilizers market are Aditya Birla Chemicals, Agrium Inc, Akzonobel, Alltech, Borealis Ag, Eurochem, Haifa Chemicals Ltd, Israel Chemicals Ltd, K+S Aktiengesellschaft, Petróleo Brasileiro S.A, Phosagro, and Yara International ASA.

Gaithersburg, Maryland, United States – September 9, 2019 /MarketersMedia/ —

The factors driving the market growth are rising demand for quality of feed and food products and high growth in the emerging economies. However, the toxicity of feed grade fertilizers in ruminants is restraining the market.

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NPK fertilizer is the compost including nitrogen (N), phosphorous (P) and potassium (K). It is utilized to give every one of the three basic supplements to the plants. Nitrogen is the fundamental supplement for plants to complete photosynthesis. Phosphorous is utilized for acquiring crop quality, auxiliary quality, advance root development and seed generation. Potassium is utilized to advance generally speaking development and improvement of the plant.

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By application, Meat & Meat Products segment is going to have a lucrative growth during the forecast period owing to the rising demand for processed and packed meat around the world, particularly from developing countries such as India, China, and Brazil. Based on geography, Asia Pacific is having a huge demand due to the growing demand for quality processed and increasing disposable income along with rising per capita income in most countries in the region.

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Types Covered:
• Chlorine-based Compound Fertilizers
• Nitro-based Compound Fertilizers
• Phosphorus
• Potassium
• Sulfur-based Compound Fertilizers
• Urea-based Compound Fertilizer
• Other Types

Forms Covered:
• Liquid
• Powder
• Other Forms

Livestocks Covered:
• Swine
• Ruminants
• Poultry
• Other Livestocks

Applications Covered:
• Bakery Products
• Beverages
• Dairy Products
• Fruits & Vegetables
• Maize
• Meat & Meat Products
• Rice
• Wheat
• Other Applications

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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Source URL: https://marketersmedia.com/global-npk-fertilizers-market-is-expected-to-reach-392-billion-by-2027-growing-at-a-cagr-of-61-during-2018-to-2027/88916924

Source: MarketersMedia

Release ID: 88916924

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