Ghaziabad Online

Silicon Fertilizer Market Set For Rapid Growth, To Reach $125.84 Million by 2025, It is grow at a CAGR of 4.1%

 Breaking News
  • No posts were found

Silicon Fertilizer Market Set For Rapid Growth, To Reach $125.84 Million by 2025, It is grow at a CAGR of 4.1%

November 30
07:49 2019
Silicon Fertilizer Market Set For Rapid Growth, To Reach $125.84 Million by 2025, It is grow at a CAGR of 4.1%

Silicon Fertilizer Market
The growth of the global silicon fertilizers market is primarily driven by benefits offered by silicon on crop yield and productivity. Moreover, consistent requirement of effective fertilizers due to poor soil quality have fueled the popularity of micronutrients fertilizers among farmers in the recent years, which indirectly supports the silicon fertilizers market growth

Silicon Fertilizers Market was valued at $87.43 million in 2016, and is projected to reach $125.84 million by 2025, registering a CAGR of 4.1% from 2017 to 2025. In 2016, the field crops application segment accounted for more than 50% share of the global silicon fertilizers market in terms of value.

Silicon is the second most abundant chemical in the earth’s crust after oxygen. Naturally, silicon occurs as oxides and silicates and is utilized as a fertilizer owing to nourishment of crops and resistance to several plant diseases. Silicon plays a large role in plant growth, mineral nutrition, mechanical strength, and resistance to fungal diseases, herbivory, and adverse chemical conditions. Silicon fertilizers help in the development of plant roots, prevent stalk lodging and decrease some abiotic stress, which promotes upright growth of all field or horticultural crops. Silicon fertilizers help plants in retaining other essential micronutrients such as iron, copper, and boron thus improving productivity along with sustainable production of all agronomic crops. Different applications of silicon fertilizer, for example, field crops, hydroponics, and floriculture are expected to exhibit high demand in future. Field crops and horticultural crops are projected to be the top investment pockets owing to increase in consumption of food and demand for healthy & nutritious food among the increasing population across the globe.

Silicon fertilizers are essential elements for plant growth and play an important role in balanced crop nutrition. A silicon deficiency can lead to various diseases in plants such as powdery mildew, septoria and eye-spot, insect pests and others that can reduce the quality and quantity of plants. Silicon enhances the plants ability to resist micronutrient and other metal toxicities such as aluminum, copper, iron, manganese, and zinc, which helps enhance the productivity and growth of crops. Silicon fertilizers find extensive applications in agribusiness, thereby driving the silicon fertilizer industry. The requirement of effective fertilizers is on the rise due to poor soil quality, and therefore, the effectivenessof micronutrients for enhancing the crop yield and productivity with minimum cost have fueled the popularity of silicon fertilizer indirectly among farmers in the recent years.

Request Sample Copy: https://www.alliedmarketresearch.com/request-sample/2779

Calcium silicate, sodium silicate, potassium silicate, are some of the major types of silicon fertilizers that are required by crops and plants. Calcium silicate is the most commonly used silicon fertilizer, which is obtained as a by-product of steel and phosphorus production. Rise in demand for field crops owing to change in lifestyle and increase in health awareness have driven the demand for calcium silicate. Moreover, factors that boost the demand for calcium silicate include high yield per hectare and increased requirement of fruits and vegetables globally.

Key Findings of the Silicon Fertilizer Market Study:
•The liquid silicon fertilizer segment was the highest contributor to the silicon fertilizers market in 2016 and is projected to grow at a CAGR of 4.6%.
•Calcium silicate occupies more than 50% of silicon fertilizers market share and is projected to grow at a CAGR of 4.3%.
•The demand for field crops is continuously increasing around the globe, especially in developing countries such as China, India, and Brazil, and is projected to grow at a CAGR of 4.3% during the forecast period.
•The field crops application segment accounted for 54% share of silicon fertilizers market and is expected to grow at a CAGR of 4.3%.
•Asia Pacific is projected to exhibit rapid growth in the silicon fertilizers market, owing to rise in its economy with a large population base, and is projected to grow at the most astounding CAGR of 4.5% from 2017 to 2025.
•China accounted for the highest share accountingapproximately 40% in the Asia-Pacific silicon fertilizers market, in 2016.
•In 2016, the horticultural crops application segment accounted for 25.4% share of the silicon fertilizers market and is expected to grow at a CAGR of 4.2%.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/2779

In terms of value, Asia-Pacific and LAMEA collectively contributed three-fifths share in the global silicon fertilizers market in 2016. The key players operating in the silicon fertilizers industry are Agripower, Aries Agro Ltd, BASF SE, Compass Minerals International, Inc., Denka Co. Ltd., MaxSil, Plant Tuff Inc., Redox Pty Ltd., The Mosaic Company, and Yara international ASA.

Similar Report

Fertilizer Additives Market – Global Opportunity Analysis and Industry Forecast, 2017-2023

Sorghum and Sorghum Seeds Market – Global Opportunity Analysis and Industry Forecast, 2017-2023

About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

 

Media Contact
Company Name: Allied Market Research
Contact Person: David Correa
Email: Send Email
Phone: +1-800-792-5285
Address:5933 NE Win Sivers Drive #205
City: Portland
State: OR 97220
Country: United States
Website: https://www.alliedmarketresearch.com/silicon-fertilizer-market