Humic acid is an organic molecule having major role in soil fertility and plant nutrition. It is rich in carbon, phenolic, carboxylic, carbohydrates, and enolic groups. Humic acid water-soluble fertilizers consist of humic acid and macronutrients. They improve the structure & water storage capacity of soils and boost the drought & disease resistance quality of plants. In addition, they enhance the yield of crops, increase production of vegetables & fruits, facilitate growth of superior & deep rooted turf, improve fertilizer uptake of plant, and support ecological balance.
The growth of the global humic acid water soluble fertilizers market is driven by increase in demand for organic fertilizers in agricultural activities over synthetic variety. In addition, the water holding capacity and drought resistance property of these fertilizers make them appropriate for use in drought-affected areas, thus supplementing the market growth. However, high cost of humic acid water-soluble fertilizers hampers the market growth.
The report segments the humic acid water soluble fertilizers market on the basis of product, application, and geography. Based on product, the market is divided into liquid fertilizers and solid fertilizers. By application, it is classified into crops, vegetables, fruits, turf, and others. Geographical breakdown of the market includes North America, Europe, Asia-Pacific, and LAMEA.
Comprehensive Competitive Analysis And Profiles Of Major Market Players Provided In The Report Are:
- ARCTECH, Inc.
- Haifa Chemicals
- Arab Potash Company
- ICL Fertilizers
- This report provides an extensive analysis of the current trends and emerging estimations & dynamics of the global humic acid water soluble fertilizers market.
- Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
- Detailed analysis of the industry based on the product and application help understand its trending variety along with potential application during the analysis period.
- Porters Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplierbuyer network.
- Extensive analysis of the market is conducted by following key product positioning and monitoring of top players within the market framework.
Humic Acid Water Soluble Fertilizers Market Segments:
- Liquid Fertilizers
- Solid Fertilizers
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- South Africa
- Rest of LAMEA