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Silicon Fertilizer is a type of fertilizer that with soluble silicon, usually bio-available silicon (available SiO2 min. 20%) or silicic acid (H4SiO4) in the form of monosilicic acid or orthosilicic acid can be absorbed and utilized by plant.
Silicon fertilizer is mainly used for paddy, orchard, etc., while paddy takes up about 51% of the global market in 2015, following by orchard with the share of about 37%.
The global silicon fertilizer average price is in the decline trend, from 582 $/MT in 2011 to 524 $/MT in 2016. The price will be in decline trend if more capacity goes into operation and price of the raw material get reduction in the future. The silicon fertilizer sales will reach about 3037 K MT in 2016 from 2411 K MT in 2011 all around the world, with the CAGR of 4.7%.
Plant Tuff, Fuji Silysia Chem, Denka, Fertipower Norway, Agripower, Redox, Zhongnong Lvhe Silicon and Maileduo Fertilizerare the key producers in the global Silicon fertilizer market. Top seven of them took up about 50% of the global production in 2015. In the world, giant manufactures mainly distribute in American, Japan Europe and Australia. Japan has a long history and unshakable status in this industry, like Fuji Silysia chemical and Denka, both have perfect products. As to America, the Plant Tuff has become a global leader. In Europe, it is Fertipower Norway A.S. which leads the technology development. In China, the manufactures focus in northeast and middle areas of China.
China, USA, Japan, Norway, India, Australia are now the key producers of silicon fertilizers. China mainly produces low-end products, due to their low end raw material and technology. Chinese players usually rely on steel manufacturers, and few of them have import and export qualification. In the consumption, the developed areas market is more mature than the developing regions, especially China; it needs more time to let Chinese common farmers aware of the importance of silicon fertilizer. The import and export percent of this industry is not much because the production activities mainly concentrate in the consuming regions.
the development of whole industry sees the extension of other industries, like mine industry, steel industry, coal-fired power industry and etc. The upstream industry players enter into silicon fertilizer industry more likely to solve environmental pollution problem.
This industry is affected by the economic development level and policy, so it's important to put an eye to economic indexes and leaders' prefer. With the global economic recovery, more and more people pay attention to rising environment standards, especially in underdevelopment regions that have a large population and fast economic growth, the need of Silicon Fertilizer will increase.
According to this study, over the next five years the Silicon Fertilizer market will register a 2.3% CAGR in terms of revenue, the global market size will reach US$ 1870 million by 2024, from US$ 1630 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Silicon Fertilizer business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Silicon Fertilizer market by product type, application, key manufacturers and key regions and countries.
This study considers the Silicon 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.
- Water-soluble Type
- Citrate-soluble Type
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
- - United States
- - Canada
- - Mexico
- - Brazil
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- - 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.
- Plant Tuff
- Fuji Silysia Chem
- Fertipower Norway
- Goodearth Resources
- Multimol Micro Fertilizer
- Vision Mark Biotech
- Zhongnong Lvhe Silicon
- Maileduo Fertilizer
- Fubang Fertilizer
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.
- To study and analyze the global Silicon 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 Silicon Fertilizer market by identifying its various subsegments.
- Focuses on the key global Silicon 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 Silicon 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 Silicon 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.