Product Code: PM3371
The global liquid fertilizers market size is expected to reach USD 4,010.70 million by 2032, according to a new study by Polaris Market Research. The report "Liquid Fertilizers Market Share, Size, Trends, Industry Analysis Report, By Type (Nitrogen, Potassium, Phosphorus, Micronutrients); By Production Process; By Crop Type; By Application; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The growing population worldwide is driving an increasing demand for food, leading to the expansion of the agriculture industry. As a result, liquid fertilizers are becoming more prevalent in the agricultural sector as they provide various benefits over traditional solid fertilizers.
Using liquid nitrogen as an industrial coolant has gained significant momentum, driving the demand for advanced cryogenic and centrifugal pumps. Liquid nitrogen, known for its low temperature and inert properties, finds extensive application in industries such as healthcare, food and beverage, electronics, and manufacturing. As the industrial outlook continues evolving, the increasing demand for liquid nitrogen and its associated equipment presents promising business opportunities.
Technological advancements have played a crucial role in enhancing the efficiency and reliability of cryogenic and centrifugal pumps used for liquid nitrogen handling. These pumps are designed to handle the extreme temperatures and unique properties of liquid nitrogen, ensuring optimal performance and safe operation in industrial settings. The development of innovative pump technologies has significantly contributed to the growth and expansion of the liquid nitrogen market.
Furthermore, governmental exposure and support have fueled the adoption of liquid nitrogen and related pumping technologies. Governments recognize the environmental benefits and energy efficiency of using liquid nitrogen as a coolant, leading to initiatives promoting its use and providing incentives for businesses to adopt these technologies. This government exposure and support drive industry-wide awareness and adoption of liquid nitrogen-based solutions.
The decreasing availability of agricultural land has pressured farmers to produce higher yields from less land. This has increased demand for liquid fertilizers, which are more efficient and easier to apply than traditional dry fertilizers. The world's population is projected to reach nine Million by 2030, and the land that can be used to grow food is shrinking daily. This increases food production per acre and necessitates the use of mineral fertilizers.
Liquid Fertilizers Market Report Highlights
Nitrogen is anticipated to grow at a higher rate owing to the increasing use of liquid fertilizers containing nitrogen.
Organic segment is accounted for the significant growth as more consumers and farmers becoming aware of the benefits of organic liquid fertilizers
Fruits and vegetables are projected to experience higher market share due to the growing demand for high-quality fruits and vegetables
Fertigation segment is registered with the significant revenue share owing to the growing adoption of fertigation techniques by farmers.
The global players include: Agrium Incorporated, Israel Chemical, Kugler, Rural Liquid Fertilizers, Yara International, Compo Expert, K+S, Nutrien, Mosaic & EuroChem.
Polaris Market Research has segmented the liquid fertilizers market report based on type, production process, crop type, application, and region:
Liquid Fertilizers, Type Outlook (Revenue - USD Million, 2019 - 2032)
- Nitrogen
- Potassium
- Phosphorus
- Micronutrients
Liquid Fertilizers, Production Process Outlook (Revenue - USD Million, 2019 - 2032)
Liquid Fertilizers, Crop Type Outlook (Revenue - USD Million, 2019 - 2032)
- Pulses
- Grains
- Fruits and Vegetables
Liquid Fertilizers, Application Outlook (Revenue - USD Million, 2019 - 2032)
Liquid Fertilizers, Regional Outlook (Revenue - USD Million, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Liquid Fertilizers Market Insights
- 4.1. Liquid Fertilizers - Industry Snapshot
- 4.2. Liquid Fertilizers Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rapid growth in greenhouse vegetable production
- 4.2.1.2. Increasing environmental concern
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High handling cost
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Liquid Fertilizers Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Liquid Fertilizers Market, by Production Process
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Liquid Fertilizers Market, by Production Process, 2019-2032 (USD Million)
- 5.3. Organic
- 5.3.1. Global Liquid Fertilizers Market, by Organic, by Region, 2019-2032 (USD Million)
- 5.4. Inorganic
- 5.4.1. Global Liquid Fertilizers Market, by Inorganic, by Region, 2019-2032 (USD Million)
6. Global Liquid Fertilizers Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Liquid Fertilizers Market, by Application, 2019-2032 (USD Million)
- 6.3. Foliar
- 6.3.1. Global Liquid Fertilizers Market, by Foliar, by Region, 2019-2032 (USD Million)
- 6.4. Fertigation
- 6.4.1. Global Liquid Fertilizers Market, by Fertigation, by Region, 2019-2032 (USD Million)
7. Global Liquid Fertilizers Market, by Crop Type
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Liquid Fertilizers Market, by Crop Type, 2019-2032 (USD Million)
- 7.3. Pulses
- 7.3.1. Global Liquid Fertilizers Market, by Pulses, by Region, 2019-2032 (USD Million)
- 7.4. Grains
- 7.4.1. Global Liquid Fertilizers Market, by Grains, by Region, 2019-2032 (USD Million)
- 7.5. Fruits and Vegetables
- 7.5.1. Global Liquid Fertilizers Market, by Fruits and Vegetables, by Region, 2019-2032 (USD Million)
8. Global Liquid Fertilizers Market, by Type
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. Global Liquid Fertilizers Market, by Type, 2019-2032 (USD Million)
- 8.3. Nitrogen
- 8.3.1. Global Liquid Fertilizers Market, by Nitrogen, by Region, 2019-2032 (USD Million)
- 8.4. Potassium
- 8.4.1. Global Liquid Fertilizers Market, by Potassium, by Region, 2019-2032 (USD Million)
- 8.5. Phosphorus
- 8.5.1. Global Liquid Fertilizers Market, by Phosphorus, by Region, 2019-2032 (USD Million)
- 8.6. Micronutrients
- 8.6.1. Global Liquid Fertilizers Market, by Micronutrients, by Region, 2019-2032 (USD Million)
9. Global Liquid Fertilizers Market, by Geography
- 9.1. Key findings
- 9.2. Introduction
- 9.2.1. Liquid Fertilizers Market Assessment, By Geography, 2019-2032 (USD Million)
- 9.3. Liquid Fertilizers Market - North America
- 9.3.1. North America: Liquid Fertilizers Market, by Production Process, 2019-2032 (USD Million)
- 9.3.2. North America: Liquid Fertilizers Market, by Type, 2019-2032 (USD Million)
- 9.3.3. North America: Liquid Fertilizers Market, by Application, 2019-2032 (USD Million)
- 9.3.4. North America: Liquid Fertilizers Market, by Crop Type, 2019-2032 (USD Million)
- 9.3.5. Liquid Fertilizers Market - U.S.
- 9.3.5.1. U.S.: Liquid Fertilizers Market, by Production Process, 2019-2032 (USD Million)
- 9.3.5.2. U.S.: Liquid Fertilizers Market, by Type, 2019-2032 (USD Million)
- 9.3.5.3. U.S.: Liquid Fertilizers Market, by Application, 2019-2032 (USD Million)
- 9.3.5.4. U.S.: Liquid Fertilizers Market, by Crop Type, 2019-2032 (USD Million)
- 9.3.6. Liquid Fertilizers Market - Canada
- 9.3.6.1. Canada: Liquid Fertilizers Market, by Production Process, 2019-2032 (USD Million)
- 9.3.6.2. Canada: Liquid Fertilizers Market, by Type, 2019-2032 (USD Million)
- 9.3.6.3. Canada: Liquid Fertilizers Market, by Application, 2019-2032 (USD Million)
- 9.3.6.4. Canada: Liquid Fertilizers Market, by Crop Type, 2019-2032 (USD Million)
- 9.4. Liquid Fertilizers Market - Europe
- 9.4.1. Europe: Liquid Fertilizers Market, by Production Process, 2019-2032 (USD Million)
- 9.4.2. Europe: Liquid Fertilizers Market, by Type, 2019-2032 (USD Million)
- 9.4.3. Europe: Liquid Fertilizers Market, by Application, 2019-2032 (USD Million)
- 9.4.4. Europe: Liquid Fertilizers Market, by Crop Type, 2019-2032 (USD Million)
- 9.4.5. Liquid Fertilizers Market - UK
- 9.4.5.1. UK: Liquid Fertilizers Market, by Production Process, 2019-2032 (USD Million)
- 9.4.5.2. UK: Liquid Fertilizers Market, by Type, 2019-2032 (USD Million)
- 9.4.5.3. UK: Liquid Fertilizers Market, by Application, 2019-2032 (USD Million)
- 9.4.5.4. UK: Liquid Fertilizers Market, by Crop Type, 2019-2032 (USD Million)
- 9.4.6. Liquid Fertilizers Market - France
- 9.4.6.1. France: Liquid Fertilizers Market, by Production Process, 2019-2032 (USD Million)
- 9.4.6.2. France: Liquid Fertilizers Market, by Type, 2019-2032 (USD Million)
- 9.4.6.3. France: Liquid Fertilizers Market, by Application, 2019-2032 (USD Million)
- 9.4.6.4. France: Liquid Fertilizers Market, by Crop Type, 2019-2032 (USD Million)
- 9.4.7. Liquid Fertilizers Market - Germany
- 9.4.7.1. Germany: Liquid Fertilizers Market, by Production Process, 2019-2032 (USD Million)
- 9.4.7.2. Germany: Liquid Fertilizers Market, by Type, 2019-2032 (USD Million)
- 9.4.7.3. Germany: Liquid Fertilizers Market, by Application, 2019-2032 (USD Million)
- 9.4.7.4. Germany: Liquid Fertilizers Market, by Crop Type, 2019-2032 (USD Million)
- 9.4.8. Liquid Fertilizers Market - Italy
- 9.4.8.1. Italy: Liquid Fertilizers Market, by Production Process, 2019-2032 (USD Million)
- 9.4.8.2. Italy: Liquid Fertilizers Market, by Type, 2019-2032 (USD Million)
- 9.4.8.3. Italy: Liquid Fertilizers Market, by Application, 2019-2032 (USD Million)
- 9.4.8.4. Italy: Liquid Fertilizers Market, by Crop Type, 2019-2032 (USD Million)
- 9.4.9. Liquid Fertilizers Market - Spain
- 9.4.9.1. Spain: Liquid Fertilizers Market, by Production Process, 2019-2032 (USD Million)
- 9.4.9.2. Spain: Liquid Fertilizers Market, by Type, 2019-2032 (USD Million)
- 9.4.9.3. Spain: Liquid Fertilizers Market, by Application, 2019-2032 (USD Million)
- 9.4.9.4. Spain: Liquid Fertilizers Market, by Crop Type, 2019-2032 (USD Million)
- 9.4.10. Liquid Fertilizers Market - Netherlands
- 9.4.10.1. Netherlands: Liquid Fertilizers Market, by Production Process, 2019-2032 (USD Million)
- 9.4.10.2. Netherlands: Liquid Fertilizers Market, by Type, 2019-2032 (USD Million)
- 9.4.10.3. Netherlands: Liquid Fertilizers Market, by Application, 2019-2032 (USD Million)
- 9.4.10.4. Netherlands: Liquid Fertilizers Market, by Crop Type, 2019-2032 (USD Million)
- 9.4.11. Liquid Fertilizers Market - Russia
- 9.4.11.1. Russia: Liquid Fertilizers Market, by Production Process, 2019-2032 (USD Million)
- 9.4.11.2. Russia.: Liquid Fertilizers Market, by Type, 2019-2032 (USD Million)
- 9.4.11.3. Russia: Liquid Fertilizers Market, by Application, 2019-2032 (USD Million)
- 9.4.11.4. Russia: Liquid Fertilizers Market, by Crop Type, 2019-2032 (USD Million)
- 9.5. Liquid Fertilizers Market - Asia Pacific
- 9.5.1. Asia Pacific: Liquid Fertilizers Market, by Production Process, 2019-2032 (USD Million)
- 9.5.2. Asia Pacific: Liquid Fertilizers Market, by Type, 2019-2032 (USD Million)
- 9.5.3. Asia Pacific: Liquid Fertilizers Market, by Application, 2019-2032 (USD Million)
- 9.5.4. Asia Pacific: Liquid Fertilizers Market, by Crop Type, 2019-2032 (USD Million)
- 9.5.5. Liquid Fertilizers Market - China
- 9.5.5.1. China: Liquid Fertilizers Market, by Production Process, 2019-2032 (USD Million)
- 9.5.5.2. China.: Liquid Fertilizers Market, by Type, 2019-2032 (USD Million)
- 9.5.5.3. China: Liquid Fertilizers Market, by Application, 2019-2032 (USD Million)
- 9.5.5.4. China: Liquid Fertilizers Market, by Crop Type, 2019-2032 (USD Million)
- 9.5.6. Liquid Fertilizers Market - India
- 9.5.6.1. India: Liquid Fertilizers Market, by Production Process, 2019-2032 (USD Million)
- 9.5.6.2. India.: Liquid Fertilizers Market, by Type, 2019-2032 (USD Million)
- 9.5.6.3. India: Liquid Fertilizers Market, by Application, 2019-2032 (USD Million)
- 9.5.6.4. India: Liquid Fertilizers Market, by Crop Type, 2019-2032 (USD Million)
- 9.5.7. Liquid Fertilizers Market - Japan
- 9.5.7.1. Japan: Liquid Fertilizers Market, by Production Process, 2019-2032 (USD Million)
- 9.5.7.2. Japan.: Liquid Fertilizers Market, by Type, 2019-2032 (USD Million)
- 9.5.7.3. Japan: Liquid Fertilizers Market, by Application, 2019-2032 (USD Million)
- 9.5.7.4. Japan: Liquid Fertilizers Market, by Crop Type, 2019-2032 (USD Million)
- 9.5.8. Liquid Fertilizers Market - Malaysia
- 9.5.8.1. Malaysia: Liquid Fertilizers Market, by Production Process, 2019-2032 (USD Million)
- 9.5.8.2. Malaysia.: Liquid Fertilizers Market, by Type, 2019-2032 (USD Million)
- 9.5.8.3. Malaysia: Liquid Fertilizers Market, by Application, 2019-2032 (USD Million)
- 9.5.8.4. Malaysia: Liquid Fertilizers Market, by Crop Type, 2019-2032 (USD Million)
- 9.5.9. Liquid Fertilizers Market - Indonesia
- 9.5.9.1. Indonesia: Liquid Fertilizers Market, by Production Process, 2019-2032 (USD Million)
- 9.5.9.2. Indonesia.: Liquid Fertilizers Market, by Type, 2019-2032 (USD Million)
- 9.5.9.3. Indonesia: Liquid Fertilizers Market, by Application, 2019-2032 (USD Million)
- 9.5.9.4. Indonesia: Liquid Fertilizers Market, by Crop Type, 2019-2032 (USD Million)
- 9.5.10. Liquid Fertilizers Market - South Korea
- 9.5.10.1. South Korea: Liquid Fertilizers Market, by Production Process, 2019-2032 (USD Million)
- 9.5.10.2. South Korea.: Liquid Fertilizers Market, by Type, 2019-2032 (USD Million)
- 9.5.10.3. South Korea: Liquid Fertilizers Market, by Application, 2019-2032 (USD Million)
- 9.5.10.4. South Korea: Liquid Fertilizers Market, by Crop Type, 2019-2032 (USD Million)
- 9.6. Liquid Fertilizers Market - Middle East & Africa
- 9.6.1. Middle East & Africa: Liquid Fertilizers Market, by Production Process, 2019-2032 (USD Million)
- 9.6.2. Middle East & Africa: Liquid Fertilizers Market, by Type, 2019-2032 (USD Million)
- 9.6.3. Middle East & Africa: Liquid Fertilizers Market, by Application, 2019-2032 (USD Million)
- 9.6.4. Middle East & Africa: Liquid Fertilizers Market, by Crop Type, 2019-2032 (USD Million)
- 9.6.5. Liquid Fertilizers Market - Saudi Arabia
- 9.6.5.1. Saudi Arabia: Liquid Fertilizers Market, by Production Process, 2019-2032 (USD Million)
- 9.6.5.2. Saudi Arabia: Liquid Fertilizers Market, by Type, 2019-2032 (USD Million)
- 9.6.5.3. Saudi Arabia: Liquid Fertilizers Market, by Application, 2019-2032 (USD Million)
- 9.6.5.4. Saudi Arabia: Liquid Fertilizers Market, by Crop Type, 2019-2032 (USD Million)
- 9.6.6. Liquid Fertilizers Market - South Africa
- 9.6.6.1. South Africa: Liquid Fertilizers Market, by Production Process, 2019-2032 (USD Million)
- 9.6.6.2. South Africa: Liquid Fertilizers Market, by Type, 2019-2032 (USD Million)
- 9.6.6.3. South Africa: Liquid Fertilizers Market, by Application, 2019-2032 (USD Million)
- 9.6.6.4. South Africa: Liquid Fertilizers Market, by Crop Type, 2019-2032 (USD Million)
- 9.6.7. Liquid Fertilizers Market - Israel
- 9.6.7.1. Israel: Liquid Fertilizers Market, by Production Process, 2019-2032 (USD Million)
- 9.6.7.2. Israel: Liquid Fertilizers Market, by Type, 2019-2032 (USD Million)
- 9.6.7.3. Israel: Liquid Fertilizers Market, by Application, 2019-2032 (USD Million)
- 9.6.7.4. Israel: Liquid Fertilizers Market, by Crop Type, 2019-2032 (USD Million)
- 9.6.8. Liquid Fertilizers Market - UAE
- 9.6.8.1. UAE: Liquid Fertilizers Market, by Production Process, 2019-2032 (USD Million)
- 9.6.8.2. UAE: Liquid Fertilizers Market, by Type, 2019-2032 (USD Million)
- 9.6.8.3. UAE: Liquid Fertilizers Market, by Application, 2019-2032 (USD Million)
- 9.6.8.4. UAE: Liquid Fertilizers Market, by Crop Type, 2019-2032 (USD Million)
- 9.7. Liquid Fertilizers Market - Latin America
- 9.7.1. Latin America: Liquid Fertilizers Market, by Production Process, 2019-2032 (USD Million)
- 9.7.2. Latin America: Liquid Fertilizers Market, by Type, 2019-2032 (USD Million)
- 9.7.3. Latin America: Liquid Fertilizers Market, by Application, 2019-2032 (USD Million)
- 9.7.4. Latin America: Liquid Fertilizers Market, by Crop Type, 2019-2032 (USD Million)
- 9.7.5. Liquid Fertilizers Market - Mexico
- 9.7.5.1. Mexico: Liquid Fertilizers Market, by Production Process, 2019-2032 (USD Million)
- 9.7.5.2. Mexico: Liquid Fertilizers Market, by Type, 2019-2032 (USD Million)
- 9.7.5.3. Mexico: Liquid Fertilizers Market, by Application, 2019-2032 (USD Million)
- 9.7.5.4. Mexico: Liquid Fertilizers Market, by Crop Type, 2019-2032 (USD Million)
- 9.7.6. Liquid Fertilizers Market - Brazil
- 9.7.6.1. Brazil: Liquid Fertilizers Market, by Production Process, 2019-2032 (USD Million)
- 9.7.6.2. Brazil: Liquid Fertilizers Market, by Type, 2019-2032 (USD Million)
- 9.7.6.3. Brazil: Liquid Fertilizers Market, by Application, 2019-2032 (USD Million)
- 9.7.6.4. Brazil: Liquid Fertilizers Market, by Crop Type, 2019-2032 (USD Million)
- 9.7.7. Liquid Fertilizers Market - Argentina
- 9.7.7.1. Argentina: Liquid Fertilizers Market, by Production Process, 2019-2032 (USD Million)
- 9.7.7.2. Argentina: Liquid Fertilizers Market, by Type, 2019-2032 (USD Million)
- 9.7.7.3. Argentina: Liquid Fertilizers Market, by Application, 2019-2032 (USD Million)
- 9.7.7.4. Argentina: Liquid Fertilizers Market, by Crop Type, 2019-2032 (USD Million)
10. Competitive Landscape
- 10.1. Expansion and Acquisition Analysis
- 10.1.1. Expansion
- 10.1.2. Acquisitions
- 10.2. Partnerships/Collaborations/Agreements/Exhibitions
11. Company Profiles
- 11.1. Agrium Incorporated
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Benchmarking
- 11.1.4. Recent Development
- 11.2. AgroLiquid
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Benchmarking
- 11.2.4. Recent Development
- 11.3. Haifa Chemicals
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Benchmarking
- 11.3.4. Recent Development
- 11.4. Israel Chemical
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Benchmarking
- 11.4.4. Recent Development
- 11.5. Kugler
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Benchmarking
- 11.5.4. Recent Development
- 11.6. Rural Liquid Fertilizers
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Benchmarking
- 11.6.4. Recent Development
- 11.7. Yara International
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Benchmarking
- 11.7.4. Recent Development
- 11.8. Compo Expert
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Benchmarking
- 11.8.4. Recent Development
- 11.9. K+S, Nutrien
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Benchmarking
- 11.9.4. Recent Development
- 11.10. Sociedad Quimica y Minera de Chile
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Benchmarking
- 11.10.4. Recent Development
- 11.11. Mosaic
- 11.11.1. Company Overview
- 11.11.2. Financial Performance
- 11.11.3. Product Benchmarking
- 11.11.4. Recent Development
- 11.12. EuroChem
- 11.12.1. Company Overview
- 11.12.2. Financial Performance
- 11.12.3. Product Benchmarking
- 11.12.4. Recent Development