Agricultural Production Open Avenues For Chelate Fertilizers Market Growth

Chelate Fertilizers Market: Introduction

Chelates have a large organic molecule (ligand/chelator) that encircles a metal nutrient ion. There may be natural or synthetic chemical ligands. A chelated fertilizer is formed when these ligands combine with a micronutrient. Chelate fertilizers tend to improve the micronutrient bioavailability such as iron, copper, manganese, zinc, etc. that further improves the commercial crop production.

Chelate fertilizers tend to have a greater impact than regular micronutrients for improving the crop yield. Hence, the global chelate fertilizers market Demand is estimated to rise with a lower double digit CAGR over the forecast period of 2019-2029.

Initiatives of the key players towards expanding their production capacities of chelate fertilizers is identified as a recent trend in the chelate fertilizers market. For instance, in June 2019, BASF made a double digit investment for strengthening its value chain of chelating agents and advancement of the product portfolio.

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Chelate Fertilizers Market: Segmentation

The global chelate fertilizers market is bifurcated into four major segments: source, type, application, and region.

On the basis of source, the global chelate fertilizers market is divided into:

Natural chelatesSynthetic chelates

On the basis of type, the global chelate fertilizers market is divided into:

Primary NutrientsSecondary NutrientsMicronutrients

On the basis of application, the global chelate fertilizers market is divided into:

FoliarFertigationSoilOthers

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Chelate Fertilizers Market: Regional Outlook

The report on the global chelate fertilizers market covers six major regions that include North America, Europe, Latin America, East Asia, South Asia & Oceania, and MEA. Amongst these regions, South Asia & Oceania along with East Asia are the regions that are expected to dominate the consumption of overall chelate fertilizers in 2018.

High agricultural output in the Asian countries is triggering the demand for chelate fertilizers, which in turn, is propelling the regional market growth over the forecast period.

Also, the trend of Genetically Modified (GMO) crops has been witnessed in Japan and China on a large note. The presence of key players offering their products also strengthen the regional chelate fertilizers market. Furthermore, North America managed to follow East Asia in terms of chelate fertilizers consumption in 2019.

Europe also accounted for a substantial consumption share in 2018 owing to high awareness about chelate fertilizers and the presence of key players. Moreover, Middle East and Latin America both managed to gain a considerable market share in 2018.

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Market SegmentsMarket DynamicsMarket Size & DemandCurrent Trends/Issues/ChallengesCompetition & Companies involvedTechnologyValue Chain

Highlights from the Report

Elaborated scenario of the parent marketTransformations in the market dynamicsDetailed segmentation of the target marketHistorical, current and forecast market size based on value and volumeLatest industry developments and trendsCompetition landscapeStrategies adopted by the market players and product developments madePotential and niche segments, along with their regional analysisUnbiased analysis on performance of the marketUp-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness

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Chelate Fertilizers Market: Key Players

Prominent players in the global chelate fertilizers market are BASF SE, Syngenta AG, Nouryon, Nufarm Limited, Aries Agro Limited, Haifa Chemicals Ltd., Valagro SPA, Van Iperen International, Protex International, and others. The chelate fertilizers market consists of well-diversified global and regional players with global vendors ruling the market.

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