Global Humic Acid Water Soluble Fertilizers Market by Type (Liquid Fertilizers and Solid Fertilizers), By Application (Crops, Vegetables, Fruits, Turf, and Others), and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020 – 2027
Humic Acid Water Soluble Fertilizers Market Outlook
The global humic acid water soluble fertilizers market was valued at USD 8,302.1 Million in 2019 and is projected to reach USD 10,183.4 Million by 2027, expanding at a CAGR of 3.5% during the forecast period 2020 - 2027. Humic acid is an organic molecule having major role in soil fertility and plant nutrition. 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.
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.
Scientific studies show that the fertility of soil is determined to a very large extent by the content of humic acids. Their high cation-exchange capacity (CEC), the oxygen content as well as the above average water holding capacity are the reasons for the high value of using humic acids for improving soil fertility and plant growth. The most important feature of humic acids lies in their ability to bind insoluble metal ions, oxides and hydroxides, and to release them slowly and continually to plants when required. Due to these properties, humic acids are known to produce three types of effects: physical, chemical and biological.
Humic Acid Water Soluble Fertilizers Market Dynamics
The market is driven by factors such as improving the structure of soil, prevent high water and nutrient losses in light, sandy soils. Simultaneously convert them into fruitful soils by way of decomposition which are considered as the major reason for high usage of humic acid water soluble fertilizers across the world.
- Improve the structure of soil: Prevent high water and nutrient losses in light, sandy soils. Simultaneously convert them into fruitful soils by way of decomposition. In heavy and compact soils, aeration of soil and water retention are improved; cultivation measures are facilitated.
- Prevent soil cracking, surface water runoff and soil erosion by increasing the ability of colloids to combine.
- Help the soil to loosen and crumble and thus increase aeration of soil as well as soil workability.
- Increase water holding capacity of soil and thus help resist drought.
- Darken the color of the soil and thus help absorption of the sun energy.
Humic Acid Water Soluble Fertilizers Market Segmental Outlook
Types Segment Analysis
Based on types, the liquid fertilizers market was the largest product segment in the global humic acid water soluble fertilizers market in 2019. The segment contributed over almost half of the global market value in the same year. Easier to handle when blending and applying, provides uniform application, can be used for both starter and in-season application are the primary causes of high market share into the global market. In 2019, the global humic acid water soluble fertilizers market was valued at USD 8,302.1 million and is expected to reach USD 10,183.4 million by 2027, expanding with a CAGR of 3.5% through the forecast period 2020 – 2027.Humic Acid Water Soluble Fertilizers Market Regional Outlook
Regional Analysis
In terms of regions, the market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific is a promising region for the market. It constituted a 43.6% share of the market in 2019. The market in the region is projected to expand at a CAGR of 3.5% during the forecast period. Asia Pacific is expected to register highest demand growth owing to industrial practices being adopted in agriculture to improve crop yield. High agricultural growth in China and India are expected to be major drivers for Asia Pacific industry’s growth. North America holds the second largest value share in the global market.Key Benefits for Industry Participants & Stakeholders
- In-depth Analysis of the Global Humic Acid Water Soluble Fertilizers Market
- Historical, Current and Projected Market Size in terms of Value (USD Million), Volume (Tons)
- Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
- Industry Drivers, Restraints and Opportunities Covered in the Study
- Recent Industry Trends and Developments
- Competitive Landscape & Strategies of Key Players
- Neutral Perspective on Global Humic Acid Water Soluble Fertilizers Market Performance
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Humic Acid Water Soluble Fertilizers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Humic Acid Water Soluble Fertilizers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Humic Acid Water Soluble Fertilizers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Humic Acid Water Soluble Fertilizers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Humic Acid Water Soluble Fertilizers Market Size & Forecast, 2017-2027
4.5.1 Humic Acid Water Soluble Fertilizers Market Size and Y-o-Y Growth
4.5.2 Humic Acid Water Soluble Fertilizers Market Absolute $ Opportunity
4.6 Pricing Analysis & Forecast, By Type, 2017-2027
4.7 Global Humic Acid Water Soluble Fertilizers Market: Impact Of Key Regulations
4.8 Manufacturing Cost Structure
4.9 List of Raw Materials
4.10 Key Raw Materials Price & Overview
4.11 Labor Cost Analysis (USA and China)
4.12 Cost of Employing a Factory Worker
4.13 China Labor Costs Analysis
4.14 Direct Marketing vs Indirect Marketing
Chapter 5 Global Humic Acid Water Soluble Fertilizers Market Analysis and Forecast By Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities By Type
5.1.2 Basis Point Share (BPS) Analysis By Type
5.1.3 Absolute $ Opportunity Assessment By Type
5.2 Humic Acid Water Soluble Fertilizers Market Value & Volume Forecast By Type
5.2.1 Liquid Fertilizers
5.2.2 Solid Fertilizers
5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Humic Acid Water Soluble Fertilizers Market Analysis and Forecast By Application
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities By Application
6.1.2 Basis Point Share (BPS) Analysis By Application
6.1.3 Absolute $ Opportunity Assessment By Application
6.2 Humic Acid Water Soluble Fertilizers Market Value & Volume Forecast by By Application
6.2.1 Crops
6.2.2 Vegetables
6.2.3 Fruits
6.2.4 Turf
6.2.5 Others
6.3 Market Attractiveness Analysis By Application
Chapter 7 Global Humic Acid Water Soluble Fertilizers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Humic Acid Water Soluble Fertilizers Analysis and Forecast
9.1 Introduction
9.2 North America Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast By Type
9.6.1 Liquid Fertilizers
9.6.2 Solid Fertilizers
9.7 Basis Point Share (BPS) Analysis By Type
9.8 Absolute $ Opportunity Assessment By Type
9.9 Market Attractiveness Analysis By Type
9.10 North America Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast By Application
9.10.1 Crops
9.10.2 Vegetables
9.10.3 Fruits
9.10.4 Turf
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis By Application
9.12 Absolute $ Opportunity Assessment By Application
9.13 Market Attractiveness Analysis By Application
Chapter 10 Europe Humic Acid Water Soluble Fertilizers Analysis and Forecast
10.1 Introduction
10.2 Europe Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast By Type
10.6.1 Liquid Fertilizers
10.6.2 Solid Fertilizers
10.7 Basis Point Share (BPS) Analysis By Type
10.8 Absolute $ Opportunity Assessment By Type
10.9 Market Attractiveness Analysis By Type
10.10 Europe Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast By Application
10.10.1 Crops
10.10.2 Vegetables
10.10.3 Fruits
10.10.4 Turf
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis By Application
10.12 Absolute $ Opportunity Assessment By Application
10.13 Market Attractiveness Analysis By Application
Chapter 11 Asia Pacific Humic Acid Water Soluble Fertilizers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast By Type
11.6.1 Liquid Fertilizers
11.6.2 Solid Fertilizers
11.7 Basis Point Share (BPS) Analysis By Type
11.8 Absolute $ Opportunity Assessment By Type
11.9 Market Attractiveness Analysis By Type
11.10 Asia Pacific Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast By Application
11.10.1 Crops
11.10.2 Vegetables
11.10.3 Fruits
11.10.4 Turf
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis By Application
11.12 Absolute $ Opportunity Assessment By Application
11.13 Market Attractiveness Analysis By Application
Chapter 12 Latin America Humic Acid Water Soluble Fertilizers Analysis and Forecast
12.1 Introduction
12.2 Latin America Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast By Type
12.6.1 Liquid Fertilizers
12.6.2 Solid Fertilizers
12.7 Basis Point Share (BPS) Analysis By Type
12.8 Absolute $ Opportunity Assessment By Type
12.9 Market Attractiveness Analysis By Type
12.10 Latin America Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast By Application
12.10.1 Crops
12.10.2 Vegetables
12.10.3 Fruits
12.10.4 Turf
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis By Application
12.12 Absolute $ Opportunity Assessment By Application
12.13 Market Attractiveness Analysis By Application
Chapter 13 Middle East & Africa (MEA) Humic Acid Water Soluble Fertilizers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast By Type
13.6.1 Liquid Fertilizers
13.6.2 Solid Fertilizers
13.7 Basis Point Share (BPS) Analysis By Type
13.8 Absolute $ Opportunity Assessment By Type
13.9 Market Attractiveness Analysis By Type
13.10 Middle East & Africa (MEA) Humic Acid Water Soluble Fertilizers Market Value & Volume Size Forecast By Application
13.10.1 Crops
13.10.2 Vegetables
13.10.3 Fruits
13.10.4 Turf
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis By Application
13.12 Absolute $ Opportunity Assessment By Application
13.13 Market Attractiveness Analysis By Application
Chapter 14 Competition Landscape
14.1 Humic Acid Water Soluble Fertilizers Market: Competitive Dashboard
14.2 Global Humic Acid Water Soluble Fertilizers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ARCTECH, Inc.
14.3.2 Haifa Chemicals
14.3.3 Yara
14.3.4 Omex
14.3.5 The Andersons
14.3.6 Arab Potash Company
14.3.7 HUMINTECH GmbH
14.3.8 TAGROW
14.3.9 ICL Fertilizers
14.3.10 UralChem