Nuhey News

We talk about the MARKET

Chelate Fertilizers Market Worth US$ 1687.6 Million by 2028 at a CAGR of 3.4% Globally, COVID-19 Impact and Analysis by The Market Reports

The word chelate is derived from the Greek word chelé, which refers to a lobster’s claw. Hence, chelate refers to the pincer-like way in which a metal nutrient ion is encircled by the larger organic molecule (the claw), usually called a ligand or chelator. Chelated micro-nutrients are protected from oxidation, precipitation, and immobilization in certain conditions because the organic molecule (the ligand) can combine and form a ring encircling the micro-nutrient. The pincer-like way the micro-nutrient is bonded to the ligand changes the micro-nutrient’s surface property and favors the uptake efficiency of foliarly applied micro-nutrients.

Due to the COVID-19 pandemic, the global Chelate Fertilizers market size is estimated to be worth US$ 1380.8 million in 2022 and is forecast to a readjusted size of US$ 1687.6 million by 2028 with a CAGR of 3.4% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Iron accounting for % of the Chelate Fertilizers global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Crops segment is altered to an % CAGR throughout this forecast period.

Chelate fertilizer are fertilizers using chelated metal ions to provide micro-nutrients for plants. It contains metal ions such as iron, copper, zinc, etc. Without those micro-nutrients, plants will grow slower ad weaker. Chelate fertilizer need to be dissolved into water then applied to the plants.

The mostly used chelate fertilizer is iron chelate fertilizer. Iron chelate fertilize took 48% of the market by production. Iron is the most important micro-nutrient for plants because chlorophyll requires iron ion to be synthesis. However, the market share of combine mixture and other chelate fertilizer are increasing for farmers have realized the importance of micro-nutrients.Chelate fertilizer are used for crops the most. 88% of the chelate fertilizer are used for crops by production. Farmers use chelate fertilizers to replenish micro-nutrients for their crops in order to improve the yield.

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Request for a free sample or purchase this report at: https://www.themarketreports.com/report/global-chelate-fertilizers-market-research-report

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

  • Iron
  • Combined Mixture
  • Others

Segment by Application

  • Crops
  • Turf

By Company

  • Basf
  • Yara International
  • Icl Specialty Fertilizers
  • Nufarm
  • Haifa Group
  • Aries Agro
  • Nouryon
  • Andersons Plant Nutrient Group
  • Van Iperen International
  • Atp Nutrition
  • Manvert
  • Bms Micro-Nutrients
  • Protex International
  • Compo Expert
  • Agmin Chelates
  • Valagro
  • Deretil Agronutritional

Production by Region

  • North America
  • Europe
  • China

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

 

Contact Details:

Mr. Shirish Gupta

Sales Manager

The Market Reports | Industry and Market Reports at its Best

Call: +1-631-407-1315 / +91-750-729-1479

Email: sales@themarketreports.com