Foliar fertilizer is the chemical solution that is directly applied to the leaf of crops to supply various nutrients such as nitrogen, phosphorus, potassium, and micro-nutrients to the crop. It is basically designed to be applied directly on leaves and is beneficial if itís applied in the morning when the air is cool. There is a number of advantages of using a foliar fertilizer popular for some gardening applications.This growth is primarily driven by Increasing Importance of Crop Nutrition and Rising Government Initiative Continuous To Influence the Demand for Foliar Fertilizer.
Major Vendors, such as Agrium Inc. (Canada), Apache Corporation (United States), Aries Agro Limited (India), Coromandel International Limited (India), Haifa Chemicals Limited (Isreal), Israel Chemicals Limited (Isreal), K+S (Germany), Kuibyshevazot (Russia), Potash Corporation (Canada), Sichuan Meifeng Chemical Industry (China), Sinochem Group (China), Uralkali Jsc (Russia), Yara International Asa (Norway) and Zuari Global (India) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In 2017, COMPO EXPERT a leading manufacturer of specialty fertilizers for commercial use and Portfolio Company of the London-headquartered global private equity firm XIO Group, partners in China with a leading Chinese fertilizer company Xinyangfeng. This has helped in the new technology development, localized production and commercialization of the fertilizer products.
Yara North America launched YaraVita Optimum Turf in 2019, foliar nutrition specifically designed for turf and ornamental in the North America region.
- Increasing Importance of Crop Nutrition
- Rising Government Initiative Continuous To Influence the Demand for Foliar Fertilizer
- High Cost of Fertilizers
- Lack of Awareness Regarding Benefits of Foliar Fertilizer
OpportunitiesGrowth in the Production of Arable Crops and Government Initiatives to Promote Farming
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