Green Ammonia Market May Reach to $6.2 Billion by 2030 at CAGR of 66.0%
The global Green Ammonia Market in terms of revenue was estimated to be worth $0.3 billion in 2024 and is poised to reach $6.2 billion by 2030, growing at a CAGR of 66.0% from 2024 to 2030 according to a new report by MarketsandMarkets™.
Green ammonia may be produced using renewable energy sources such as wind and solar power. This integration promotes the use of excess renewable energy, which...
Strong Growth in Emerging Economies Drives the Specialty Fertilizers Market
The specialty fertilizers market is estimated to account for a value of USD 36.1 billion in 2019 and is projected to grow at a CAGR of 6.4% from 2019, to reach a value of USD 52.4 billion by 2025. The increase in demand for enhanced high-efficiency fertilizers, ease of use and application of specialty fertilizers, and adoption of precision farming and protected agriculture are some of the factors...
The Demand for Various Crop is Projected to Drive the Growth of the Liquid Fertilizers Market
The global liquid fertilizers market size is estimated to be valued at USD 2.5 billion in 2019 and is projected to reach USD 3.1 billion by 2025, recording a CAGR of 3.7%. The liquid fertilizers industry has high growth potential in emerging markets, such as Asia Pacific and South America, as liquid fertilizers easily seep into the soil and spread uniformly, which provides crop fields with consistent...
Growth opportunities and latent adjacency in Organic Fertilizers Market
According to MarketsandMarkets analysis, the organic
fertilizers market is projected to reach USD 12 billion by 2025, from an estimated
value of USD 6.3 billion in 2019, at a CAGR of 12.1% from 2019 to 2025. The increasing demand for organic nutrients
used during the cultivation in the processed food & beverage industry
drives the organic fertilizers market.
Organic cultivation requires the...
Agrochemicals Market Steadily Driven by Rising Demand & Soil Degradation
Agrochemicals are certain types of chemicals, which are specially designed to increase the yield of various types of crops. These products include a broad range of chemicals including pesticides, nematicides, insecticides, fungicides, herbicides, and such other products. Different types of synthetic fertilizers, hormones and growth agents are also a part of the group of agrochemicals. The global agrochemicals...