What is Silicon Fertilizer Market?
Silicon fertilizer is classified as a beneficial element which limits the effects of abiotic and biotic stresses in plants. The most recognized effect is the effect of silicon on plants, which uptake the largest amounts of this element, namely, in sugar cane and rice. Silicon fertilizer has also a beneficial effect on limiting the adverse effects of other abiotic stresses, caused by salinity, heavy metals, high and low temperature, water flooding, etc. The effect of silicon fertilizer as foliar nutrition, which stimulates plants to grow under stress conditions, is particularly beneficial.
The market study is being classified by Type (Calcium Silicate, Potassium Silicate and Sodium Silicate), by Application (Field Crops, Horticultural Crops, Hydroponics and Floriculture) and major geographies with country level break-up.
Plant Tuff Inc. (United States), Agripower (Australia), Maxsil (Australia), Denka Co. Ltd. (Japan), Redox Pty Ltd. (Australia), Aries Agro Ltd. (India), BASF SE (Germany), Compass Minerals International, Inc. (United States), The Mosaic Company (United States) and Yara International ASA (Norway) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Sar Agrochemicals & Fertilizers Pvt. Ltd. (India) and Jaipur Bio Fertilizers (India).
Research Analyst at AMA predicts that Australian Vendors will contribute to the maximum growth of Global Silicon Fertilizer market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Silicon Fertilizer market by Type, Application and Region.
On the basis of geography, the market of Silicon Fertilizer has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Benefits Offered By Silicon Fertilizer
- Population Growth and Increasing Food Demand
Market Trend
- Rising New Methods of Farming
Restraints
- Lack of Awareness Regarding Silicon Fertilizers among Farmers
Opportunities
- Increasing Demand from Developing Regions
Challenges
- Poor Availability of Analytical Laboratories for Soil Testing
Market Leaders and some development strategies
On August 20, 2019 - Yara and Nel collaborate to produce carbon free hydrogen for fertilizer production. In an agreement, Yara and Nel confirm their shared ambition of developing clean hydrogen which would allow Yara to realize low carbon footprint fertilizer production.
Key Target Audience
Manufacturers of Silicon Fertilizer, Suppliers of Raw Materials, Wholesalers, Distributors, and Retailers of Silicon Fertilizer, Agricultural Industry, Governmental Bodies and Research Firms