According to Food and Agriculture Organization, “The minimum guaranteed amount of total nitrogen, available phosphorus, expressed as P2C5" and potassium soluble in water expressed as K20 must be 35 percent in compound chemical fertilizers.”

According to the report, Technological Advancements in Fertilizer Production Technologies is one of the primary growth factors for the market. Rising Demand for Highly Nutritious Food Crops Owing To Rising Population is also expected to contribute significantly to the Chemical Fertilizers market. Overall, Agriculture applications of Chemical Fertilizers, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Forms, such as Liquid, is boosting the Chemical Fertilizers market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMA’s Analyst on the Global Chemical Fertilizers market identified that the demand is rising in many different parts of the world as "Rising Food Security Concerns Are Fueling Demand for Fertilizers That Speed Up Crop Growth Process ". Furthermore, some recent industry insights like "In December 2022, an Indian manufacturer of industrial and agricultural chemicals, fertilizers, and crop nutrients, Deepak Fertilisers & Petrochemicals Corporation, declared that it has created new soil nutrients to boost crop production. The company wants to strengthen its array of agricultural nutrients, and this would help the chemical fertilizers market in India flourish." which is constantly making the industry very dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Chemical Fertilizers market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Chemical Fertilizers market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Chemical Fertilizers market size is calculated using market estimation process, the Chemical Fertilizers market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Chemical Fertilizers market size has been validated using both top-down and bottom-up approaches.