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Global Nano Fertilizers Market Size By Method of Application (Spray or Foliar, Soil), By Raw Material (Nitrogen, Silver), By Application (Cereals & Grains, Oilseeds & Pulses), By Geographic Scope And Forecast


Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Nano Fertilizers Market Size By Method of Application (Spray or Foliar, Soil), By Raw Material (Nitrogen, Silver), By Application (Cereals & Grains, Oilseeds & Pulses), By Geographic Scope And Forecast

Nano Fertilizers Market Size And Forecast

Nano Fertilizers Market size was valued at USD 3459.24 Million in 2024 and is projected to reach USD 10442.83 Million by 2031, growing at a CAGR of 14.81% from 2024 to 2031.

The growing use of efficient fertilizers and fertigation methods is the key cause for the rising demand for nano fertilizers. Most recent crop vitamins provide crops with optimum rates of nutrient content during the development phase in the most effective way possible, without damaging water resources or soil, which is projected to boost the need for effective fertilizers with a lower impact on soil quality. The rising demand for nano fertilizers has compelled industry participants to innovate and broaden their product offers.

Global Nano Fertilizers Market Definition

Nano-fertilizers are nanometer-scale materials, generally in the form of nanoparticles, that contain macro and micronutrients and are supplied to crops in a regulated manner. A nano fertilizer is a substance that provides nutrients to plants in one of three ways. The nutrition can be contained within nanomaterials like nanotubes or nano-porous materials, covered with a thin protective polymer coating, or administered as nanoscale particles or emulsions.

Nano fertilizers are created by encapsulating plant nutrients in nanomaterials, coating plant nutrients in nanomaterials, and distributing them in the form of nano-sized emulsions. Nano fertilizers are classified into three typesnanoscale fertilizers, nanoscale additive fertilizers, and nanoscale coating fertilizers. Nanoparticles containing nutrients are used to make nanoscale fertilizers. Traditional fertilizers with tiny additions are known as nanoscale additive fertilizers.

Nano fertilizers are given in a controlled manner to the plant rhizosphere. Essential minerals and nutrients such as N, P, K, Fe, and Mn have bound alone or in conjunction with nano-dimensional adsorbents in nano fertilizers. Nano-fertilizers shorten crop cycle times and boost crop production. Nano fertilizers containing NPK (nitrogen, phosphorus, and potassium) that are applied to crops enhance grain output and shorten the crop cycle by 40 days.

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Global Nano Fertilizers Market Overview

The growing need for improved high-efficiency fertilizers is driving the market. The enhanced, effective delivery of nano fertilizer ensures that plants and crops receive the nutrients they require, at the correct time and in the right place, with little waste. EEF, or enhanced efficiency fertilizers, are becoming more popular in agriculture, notably in cereal grains and industrial crops, leading to the development of novel urease inhibitors and low-cost polymer coating technologies. The usage of high-efficiency fertilizers also contributes to reducing the detrimental impact of nutrients seeping into water reservoirs.

Furthermore, the primary drivers impacting market expansion include a rise in demand for high-effective composts employed in precision cultivating, usability and application, and improved crop security. In addition, increased consumption of fresh fruits and vegetables, wheat, and rice, among other things, is boosting the Global Nano Fertilizers Market. The usage of nano fertilizers regularly assures great productivity of high-quality crops during the greenhouse farming growth process. As a result, the need for nano fertilizers in greenhouse farming is increasing since they supply secondary and micronutrients to plants and fruits.

However, traditional farming practices with the use of chemical fertilizers, are intense, which causes the extinction of wildlife, pollution of the soil and water, and terrible treatment of the animals. Thus, the adverse effects of intense traditional farming and the addition of chemicals can cause soil degradation and water shortages as well. Also, the toxicity of feed-grade fertilizers can damage soil quality, decrease fertility, and pollute water and soil. Nano fertilizers, on the other hand, are minuscule particles that are absorbed in crops in lesser amounts, allowing for the regulated release of active ingredients.

Also, nano-fertilizers distribute nutrients via plasmodesmata. Plasmodesmata are nano-sized channels (50-60 nm in size) that carry ions between cells. Carbon nanotubes and silica nanoparticles are effective instruments for carrying and delivering cargo (nutrients and other vital biochemicals) to the target location of plants. Nano fertilizers soak via the root and go upward because of their small size.

These nanoparticles improve soil quality, water holding capacity, and microbial activity, which boosts plant production and health and so improves environmental quality. However, factors such as the high cost of nano fertilizers, the risk management strategy in place for nano-fertilizers, and the rest of the other factors might strangle the growth of the Global Nano Fertilizers Market during the forecasted period.

Global Nano Fertilizers Market Segmentation Analysis

The Global Nano Fertilizers Market is segmented on the basis of Method of Application, Raw Material, Application, And Geography.

Nano Fertilizers Market, By Method of Application

  • Spray or Foliar
  • Soil

Based on Method of Application, the market is bifurcated into Spray or Foliar and Soil. The soil Method accounted for the largest market share in 2021 and is projected to grow at a significant CAGR during the forecast period. The segment is expected to account for USD 6,608.23 Million by 2030. Nano fertilizer application through soil enables a steady and prolonged release of nutrients, which not only stimulates plant development but also preserves the variety of the beneficial microbiome. Such characteristics may aid the Phyto-microbiome in effectively mitigating both biotic and abiotic stress situations. It also provides improved absorption and effective usage of nutrients without increased losses, as well as a considerable reduction in the danger of environmental contamination due to lower nutrient losses.

Nano Fertilizers Market, By Raw Material

  • Nitrogen
  • Silver
  • Carbon
  • Zinc
  • Others

Based on Raw Material, the market is bifurcated into Nitrogen, Silver, Carbon, Zinc, and Others. The Nitrogen segment accounted for the largest market share in 2021 and is projected to grow at a significant CAGR during the forecast period. Nano fertilizers contain 4% nitrogen particles on a nanoscale. Nanoscale nitrogen particles are smaller (20-50 nm) and have a higher surface area and particles per unit area than traditional fertilizers. Nano fertilizers based on nitrogen are required in small quantities. The most important advantage of employing nitrogen-based Nano fertilizers for agriculture is their low environmental effect. As a consequence, greenhouse gas emissions will be reduced, and air and water quality will improve. However, the Carbon segment is expected to grow with the highest CAGR during the forecasted period due to growing demand and advantages over other materials.

Nano Fertilizers Market, By Application

  • Cereals & Grains
  • Oilseeds & Pulses
  • Fruits & Vegetables
  • Others

Based on Application, the market is bifurcated into Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others. Cereals & Grains accounted for the largest market share in 2021 and are projected to grow at a significant CAGR during the forecast period. However, the Fruits & Vegetables segment is expected to grow with the highest CAGR during the forecasted period. Nano-fertilizers are designed to supply and release nutrients gradually and purposefully. Beyond various connected negative outcomes, regular nutrient release by nano fertilizers aids in increasing nutrient usage efficiency. Nano fertilizers have the potential to boost the fruit output and quality of many horticulture crops, hence increasing the nutritional value of goods.

Nano Fertilizers Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

Based on Regional Analysis, the Global Nano Fertilizers Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America accounted for the largest market share of around 35.11% and is projected to grow at a significant CAGR during the forecast period. The demand for high-yield crops across the North American population is growing year-on-year as most high-yielding crops are dwarf, their plants are tougher and can survive severe winds. High-yield crops respond better to nano fertilizers, increasing their production rate significantly. They also mature early, resulting in higher revenues. However, the Asia-Pacific market is expected to grow with the highest CAGR during the forecasted period.

Key Players

The “Global Nano Fertilizers Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as AG CHEMI Group, EuroChem, Fanavar Nano-Pazhoohesh Markazi Company, Geolife Group, Indian Farmers Fertilizer Cooperative Limited, JU Agri Sciences Pvt. Ltd., Lazuriton Nano Biotechnology Co., Ltd., Nano Solutions, Tropical Agrosystem India (P) Ltd., and Shan Maw Myae Trading Co., Ltd. This section provides a company overview, ranking analysis, company regional and industry footprint, and ACE Matrix.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis.

Key Developments

  • In May 2022, Indian Farmers Fertilizer Cooperative Limited inaugurated the world’s first nano urea liquid plant in Gujarat, India.
  • In February 2022, following the submission of a binding bid, EuroChem Group, a prominent global fertilizer manufacturer, announced that it has started exclusive discussions to buy the nitrogen business of the Borealis group.

Ace Matrix Analysis

The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.

Market Attractiveness

The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Nano Fertilizers Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.

Porter’s Five Forces

The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Nano Fertilizers Market, gauge the attractiveness of a certain sector, and assess investment possibilities.

Report Scope

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Table of Content

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To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )