2014-03-18 06:31:01 - Water Soluble Fertilizers Market: Trends & Forecasts to 2018 - a new market research report on companiesandmarkets.com
The global market for water-soluble fertilizers in terms of revenue was estimated to be worth around $10,758.7 million in 2012 and is expected to reach $ 14,709.4 million by 2018, growing at a CAGR of 5.3% from 2013 to 2018.
The water-soluble fertilizers market is driven by the associated advantages such as easy application, uniform distribution of nutrients to the crops, and less labor costs. Other demand driving factors of the industry are increasing network of micro irrigation systems and wider applications in greenhouses. High efficiency of water-soluble fertilizers is making the farmers to switch to the water-soluble fertilizers.
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