NPK Fertilizer Market - Global Outlook and Forecast 2023-2028

N-P-K refers to the ratio of important elements in a fertilizer or soil amendment. N stands for nitrogen, which is responsible for strong stem and foliage growth. P is for phosphorus, which aids in healthy root growth and flower and seed production. K stands for potassium, which is responsible for improving overall health and disease resistance.
This report contains market size and forecasts of NPK Fertilizer in global, including the following market information:
Global NPK Fertilizer Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global NPK Fertilizer Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five NPK Fertilizer companies in 2021 (%)
The global NPK Fertilizer market was valued at 41700 million in 2021 and is projected to reach US$ 50180 million by 2028, at a CAGR of 2.7% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Chlorine-Based Compound Fertilizers Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of NPK Fertilizer include Yara, Euro Chem, Acron, Rossosh, ZAT, ICL, Helena Che, IFFCO and Helm AG, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the NPK Fertilizer manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global NPK Fertilizer Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global NPK Fertilizer Market Segment Percentages, by Type, 2021 (%)
Chlorine-Based Compound Fertilizers
Sulfur-Based Compound Fertilizers
Nitro-Based Compound Fertilizers
Urea-Based Compound Fertilizer
Global NPK Fertilizer Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global NPK Fertilizer Market Segment Percentages, by Application, 2021 (%)
Wheat
Rice
Maize
Fruits and Vegetables
Others
Global NPK Fertilizer Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global NPK Fertilizer Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies NPK Fertilizer revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies NPK Fertilizer revenues share in global market, 2021 (%)
Key companies NPK Fertilizer sales in global market, 2017-2022 (Estimated), (K MT)
Key companies NPK Fertilizer sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Yara
Euro Chem
Acron
Rossosh
ZAT
ICL
Helena Che
IFFCO
Helm AG
Azomures
Uralchem
NPK Expert
Phosagro
CGC
Kingenta
Xinyangfeng
Stanley
Luxi Chem
Aboolo
SACF
Batian
Huachang Chem
Hongri Acron
Yihua
Fengxi Fert
Goldym
Shindoo
Yuntianhua
Xinlianxin
Liuguo Chem