Foliar Spray Market to Reach USD 8.96 Billion by 2026 | Reports And Data

NEW YORK, Nov. 4, 2019 /PRNewswire/ -- The global foliar spray market is forecast to reach USD 8.96 Billion by 2026, according to a new report by Reports and Data. Foliar spray is a process of feeding plants by directly applying fertilizers to the leaves instead of putting it in the soil. Plants could ingest essential elements through their leaves. The absorption procedure happens through stomata and epidermis. The technology can also be utilized while applying pesticides such as insecticides, herbicides, and biopesticides to the plants.

The market for foliar spray is influenced by the increase in demand from end-use industries such as industrial agriculture, high efficiency of foliar spray products, and ease of application.

The above-mentioned factors collectively create opportunities for market growth, while factors such as fluctuating raw material prices pose limitations in the market. However, each factor would have a definite impact on the market during the forecast period. Consistent advancements in the textile chemicals market owing to innovative efforts have enhanced the efficiency of foliar spray.

Request free sample copy of this research report: https://www.reportsanddata.com/sample-enquiry-form/2139

Europe is a key region for the foliar spray market during the forecast period. The significant growth in the region is due to the high agriculture expenditure, and emphasis on technologically advanced farming techniques. These factors are expected to give consistent growth to the foliar spray market in the European region.

Further key findings from the report suggest

• The fertilizer segment held a larger market share of 61.9% in the year 2018. Liquid fertilizers are applied to the leaves of the plants, which is more effective than putting it in the soil hence affecting the market growth positively.
• The nitrogenous segment of the foliar spray market is forecasted to grow with the highest CAGR of 6.5% during the forecast period. Nitrogen is the most preferred supplement among all elements for plant growth due to its easy availability and lower price. It helps enhance the yield of corps. Nitrogenous foliar sprays are broadly favored in various applications.
• The horticultural crops segment held the largest market share of 40.3% in the year 2018 and is forecasted to grow with the highest CAGR of 6.6% during the forecast period. This is due to the extensive use of foliar spray products in the horticultural crops. Horticultural crops such as vegetable crops, tuber crops, and fruit crops have turned into a fundamental part of the daily dietary intake of individuals, which in turn, has contributed to the increased use of foliar spray fertilizers.
• The Europe region held the largest market share of 33.5% in the year 2018. Countries such as Norway, Germany, and the UK have adopted advanced farming technologies which in turn fuels the demand for foliar spray products in the agricultural industries in the region.
• Key Participants EuroChem Group AG, Nutrien, K+S Aktiengesellschaft, Yara International ASA, Israel Chemicals Ltd., The Mosaic Company, Gujarat State Fertilizers & Chemicals Ltd., Coromandel International Limited, TRIBOdyn AG, and Hebei Monband Water Soluble Fertilizer Co., Ltd. among others.

To identify the key trends in the industry, click on the link below:   https://www.reportsanddata.com/report-detail/foliar-spray-market

Segments covered in the report:

For the purpose of this report, Reports and Data have segmented into the global Foliar Spray market on the basis of foliar type, product type, application, and region:                     

Foliar Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

• Fertilizers
• Pesticides

Product Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

• Nitrogenous
• Potassic
• Phosphatic
• Parathion
• Malathion
• Others

Applications Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

• Horticultural Crops
• Field Crops
• Turfs & Ornamentals
• Others

Order Now: https://www.reportsanddata.com/checkout-form/2139

By Regions (Revenue in USD Million; Volume in Kilo Tons, 2016–2026)

• North America
• U.S.
• Canada
• Europe
• Germany
• France
• UK
• Spain
• Italy
• Rest of the Europe
• Asia Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
• Middle East & Africa
• Latin America
• Brazil

Browse more similar reports on Materials and Chemicals category by Reports And Data

Splice Tape Market - https://www.reportsanddata.com/report-detail/splice-tape-market

Sizing Agents Market - https://www.reportsanddata.com/report-detail/sizing-agents-market

Magnesium Alloys Market - https://www.reportsanddata.com/report-detail/magnesium-alloys-market

About Reports and Data 

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John W
Head of Business Development
Reports And Data | Web: www.reportsanddata.com 
Direct Line: +1-212-710-1370
E-mail: [email protected]

SOURCE Reports And Data

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED