Report ID: UCMIG15C2029
Report ID:
UCMIG15C2029 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global agriculture grade zinc chemicals market was valued at approximately USD 673.8 million in 2018. Over the forecast period from 2019 to 2025, it is projected to experience a compound annual growth rate (CAGR) of 6.3%. This growth can be attributed to various factors such as the rising demand for zinc in agriculture, increasing awareness about the benefits of zinc-based fertilizers, and the need for higher crop yields to meet the growing global food demand. Furthermore, the adoption of modern farming techniques and the emphasis on sustainable agriculture practices are also expected to drive the demand for agriculture grade zinc chemicals in the coming years.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Fertilizers & Agricultural Chemicals by segment aggregation, the contribution of the Fertilizers & Agricultural Chemicals in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG15C2029