Dublin, Nov. 23, 2023 (GLOBE NEWSWIRE) — The “Silicon Fertilizer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” report has been added to ResearchAndMarkets.com’s offering.
The global silicon fertilizer market size reached US$ 103.8 Million in 2022 and is forecast to reach US$ 128.7 Million by 2028, exhibiting a growth rate (CAGR) of 3.5% during 2023-2028.
Significant growth in the agriculture sector, along with the rising food demand due to rapid population expansion, especially in emerging economies, is one of the factors creating a positive outlook for the market. Silicone fertilizers are widely employed in the production of various crops, such as cucumber, wheat, barley, sugarcane, corn and tomato. In line with this, the increasing instances of plant diseases, such as leaf freckling rust and ring spots, have further intensified the adoption of silicon fertilizers amongst farmworkers to offer resistance against plant insects and unfavorable climatic conditions, thus propelling the market growth.
Apart from this, various product innovations, such as the large-scale employment of organic silicon fertilizers in organic farming practices that are more sustainable and environmentally friendly, are also providing an impetus to the market growth. Other factors, including the increasing availability of cultivable land and the implementation of various government initiatives over food security, are anticipated to drive the market toward growth.
Key Market Segmentation
The report provides an analysis of the key trends in each sub-segment of the global silicon fertilizer market report, along with forecasts at the global, regional and country level from 2023-2028. The report has categorized the market based on type, form and application.
Breakup by Type:
Breakup by Form:
Breakup by Application:
- Field Crops
- Horticultural Crops
- Hydroponics
- Floriculture
Competitive Landscape
The competitive landscape of the industry has also been examined along with the profiles of the key players including:
- 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
- Vedant Agrotech.
Key Questions Answered in This Report:
- How has the global silicon fertilizer market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global silicon fertilizer market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the form?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global silicon fertilizer market and who are the key players?
- What is the degree of competition in the industry?
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 147 |
| Forecast Period | 2022 – 2028 |
| Estimated Market Value (USD) in 2022 | $103.8 Million |
| Forecasted Market Value (USD) by 2028 | $128.7 Million |
| Compound Annual Growth Rate | 3.6% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/clti7i
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- Global Silicon Fertilizer Market
