Humic acid fertilizer is made of materials containing humic acid and a small amount of chemical fertilizer. Those materials are mainly peat, lignite and weathered coal. Currently, as an important green fertilizer, humic acid fertilizer gains great attention.
China, North America and Asia (ex. China) are the main consumption bases, while China holds 36.51% consumption share, North America holds 26.70%, and Asia (ex. China) holds 19.41% consumption share in 2015. They occupied 82.62% of the global consumption in total.
Despite the presence of competition problems, the global recovery trend is clear, investors are still optimistic about this area. There will be more new investments entering the field.
Although sales of humic acid fertilizer brought a lot of opportunities, the study group recommends that the new entrants just having money but without technical advantage and downstream support do not enter into this field.
According to this study, over the next five years the Humic Acid Fertilizer market will register a 2.5% CAGR in terms of revenue, the global market size will reach USD 9600 million by 2024, from USD 8300 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Humic Acid Fertilizer business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Humic Acid Fertilizer market by product type, application, key manufacturers and key regions and countries.
This study considers the Humic Acid Fertilizer value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Solid Humic Acid Fertilizer
Liquid Humic Acid Fertilizer
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Agriculture
Horticulture
Other
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Arctech
The Andersons
Saosis
NTS
Humintech
Grow More
Live Earth
GROW
Agrocare
Ahmad Saeed
BGB
Lardmee
Aojia Ecology
Luxi
XLX
NDFY
CGA
Mapon
HNEC
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Humic Acid Fertilizer consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Humic Acid Fertilizer market by identifying its various subsegments.
Focuses on the key global Humic Acid Fertilizer manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Humic Acid Fertilizer with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Humic Acid Fertilizer submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
