Foliar Spray Market Overview:
Foliar spray is a technique of feeding plants by directly applying liquid fertilizer to their leaves. Plants could absorb essential elements through their leaves. This absorption process takes place through stomata and epidermis.
Increase in demand from end-use industries such as industrial agriculture drives the growth of the global foliar spray market. In addition, ease of application and high efficiency of foliar spray products are expected to increase the growth of the global market. Furthermore, increase in awareness of foliar spray products in emerging market is expected to drive the growth of the global market.
Growing organic fertilizer industry is expected to be the major restrain in the growth of the global foliar spray market. In addition, stringent regulation implemented by the government on the use of conventional chemical fertilizer is expected to restrain the growth of the global foliar spray market. However, limited availability of land and use of chemical fertilizers have raised many environmental concerns and are expected to provide lucrative opportunities for the growth of the global foliar spray market in the forecast period.
The global foliar spray market is segmented based on type, application, and region. On the basis of type, the market is bifurcated into nitrogenous, phosphatic, potassic, and micronutrients. On the basis of application, the market is segmented into horticultural crops, field crops, turfs & ornamentals, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the market include Nutrien, EuroChem Group AG, Yara International ASA, K+S Aktiengesellschaft, The Mosaic Company, Israel Chemicals Ltd., Coromandel International Limited, and Gujarat State Fertilizers & Chemicals Ltd. The other players in the value chain analysis (and not included in the report) include Hebei Monband Water Soluble Fertilizer Co. Ltd., Tribodyn AG, and Haifa Chemicals Ltd.
Key Benefits for Foliar Spray Market:
Porters five forces analysis helps analyze the potential of buyers and suppliers and the competitive scenario of the industry for strategy building.
The report outlines the current trends and future scenario of the foliar spray market to understand the prevailing opportunities and potential investment pockets.
An in-depth analysis of the current R&D within the market is provided along with the key dynamic factors.
The key drivers, restrains, and opportunities and their detailed impact analysis are elucidated in the study.
The profiles of the key players along with their key strategic developments are enlisted in the report.
Foliar Spray Market Report Highlights
Aspects | Details |
By Type |
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By Application |
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By Region |
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Key Market Players | Hebei Monband Water Soluble Fertilizer Co., Ltd., K+S Aktiengesellschaft, Gujarat State Fertilizers & Chemicals Ltd. (GSFC), Yara International Asa, Israel Chemical Ltd. (ICL), Eurochem Group AG, Tribodyn AG, Nutrien, The Mosaic Company, Coromandel International Limited |
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