Global Silicon Fertilizer Market to Grow at a CAGR of 3.72%, Report, Size, Share, Trends

 The latest research study “Silicon Fertilizer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the Global Silicon Fertilizer Market size reached US$ 99.3 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 124.56 Million by 2027 exhibiting a CAGR of 3.72% during 2022-2027.

Covid-19 Impact:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Industry Definition and Application:

Silicon fertilizer represents a chemical or natural substance that involves the deposition of silicon in soil, land, and plant epidermal tissue to improve crop growth and yield. They aid in providing resistance against bacterial and fungal diseases, strengthening cell walls, preventing lodging, decreasing biotic and abiotic stress, etc. Sodium, calcium, and potassium silicate are some of the commonly available types of silicon fertilizers that usually consist of silicic acid or silicon acid, silicon conditioners, and other products. They are extensively utilized in field, hydroponics, floriculture, and horticulture crops, such as cereals, soybean, vegetable sugarcane, etc.

 

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Silicon Fertilizer Market Trends and Drivers: 

The expanding agriculture sector and the escalating demand for food are primarily driving the silicon fertilizer market. Additionally, the widespread product adoption in the manufacturing of several crops, such as barley, sugarcane, cucumber, wheat, corn, tomato, etc., is further catalyzing the market growth.

Besides this, the growing prevalence of plant diseases, including leaf freckling rust and ring spots, is augmenting the utilization of silicon fertilizers to offer resistance against plant insects and unfavorable climatic conditions, which is acting as another significant growth-inducing factor.

Moreover, the easy availability of cultivable land and the launch of various favorable policies by the government bodies across countries for food security are also positively influencing the global market. Apart from this, the introduction of organic product variants that are more sustainable is anticipated to fuel the silicon fertilizer market over the forecasted period.

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Silicon Fertilizer Market Report Scope

Report Coverage

Details

Market size value in 2021

US$ 99.3 Million

Market forecast in 2027

US$ 124.56 Million

Growth Rate

CAGR of 3.72% from 2022 to 2027

Base year for estimation

2021

Historical data

2016-2021

Forecast period

2022-2027

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Type, Form and Application.

Regional scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa

Key companies profiled

Agripower Australia Ltd., Jaipur Bio Fertilizers, Khandelwal Biofertilizer, MaxSil Pty Ltd., Plant Tuff, Redox Pty Ltd., Satpura Bio Fertiliser India Private Limited, Sigma AgriScience LLC and Vedant Agrotech.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

 

Report Segmentation:

The report has been segmented the market into following categories:

Breakup by Type:

·      Synthetic 

·      Natural
 

Breakup by Form:

·      Liquid

·      Solid
 

Breakup by Application:

·      Field Crops

·      Horticultural Crops

·      Hydroponics

·      Floriculture

By Geography:

·      North America

o   United States

o   Canada

·      Asia-Pacific

o   China

o   Japan

o   India

o   South Korea

o   Australia

o   Indonesia

o   Others

·      Europe

o   Germany

o   France

o   United Kingdom

o   Italy

o   Spain

o   Russia

o   Others

·      Latin America

o   Brazil

o   Mexico

o   Others

·      Middle East and Africa

List of Major Key Players:

The major players in the market are Agripower Australia Ltd., Jaipur Bio Fertilizers, Khandelwal Biofertilizer, MaxSil Pty Ltd., Plant Tuff, Redox Pty Ltd., Satpura Bio Fertiliser India Private Limited, Sigma AgriScience LLC and Vedant Agrotech

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Services Private Limited.
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Sheridan, WY 82801 USA – Wyoming
Email: [email protected]
Tel No:(D) +91 120 433 0800
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Source: Digital Journal

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