Press Release Description

Asia-Pacific Nano Fertilizers market is anticipated to grow exponentially at a CAGR of 17% during 2021-26

Nanotechnology is deployed widely in agriculture and horticulture. The Asia-Pacific Nano Fertilizers market is likely to grow at an astronomical rate as these are eco-friendly compared to conventional fertilizers. The market growth is accredited to rising investments toward R&D in nanotechnology to upsurge crop productivity and enhance fertilizer formulations. The increasing application of chemical fertilizers is not suitable for the long run as chemicals have disturbed the soil mineral balance and can also decrease soil fertility. Moreover, burgeoning food needs due to the booming population and increasing awareness regarding the benefits of using Nano Fertilizers are critical factors likely to create lucrative growth opportunities for the market in the forecast period.

Asia-Pacific Nano Fertilizers Market Share

Key questions answered in the study

  1. What are the current and future trends of the Nano Fertilizers industry?
  2. How has the market been evolving in terms of end-user demand and application areas?
  3. How has the competition been shaping across the countries, followed by their comparative factorial indexing?
  4. What are the key growth drivers and challenges for the Nano Fertilizers industry?
  5. What are the customer orientation, purchase behavior, and expectations from the Nano Fertilizers firms across various countries?

According to MarkNtel Advisors’ research report, “Asia-Pacific Nano Fertilizers Market Analysis, 2021,” the market is likely to witness around 17% CAGR during 2021-26. Based on the Application, Food and Vegetable segment acquired a considerable share in the Nano fertilizer market in the previous few years. The surging use of chemicals in fruits and vegetables to meet the growing demand has augmented the use of nano fertilizers to increase the quality & yield of crops. The nano fertilizer plays a vital role in the growth of fruit and vegetables as it enhances productivity, product quality, thereby soaring the shelf life and decreasing waste.

“Asia-Pacific Nano Fertilizers Market Analysis, 2021” provides comprehensive, qualitative, and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for Nano Fertilizers providers across the country. Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which would help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.      

India Attain the Highest Growth

India is likely to grow at the highest CAGR in the Asia-Pacific Nano Fertilizers market during 2021-26. The demand for Nano Fertilizers in India is surging rapidly to reduce urea usage by 50% and increase crop production by 30%. Also, it supports soil health and curbs greenhouse gas emissions as it is an environment-friendly plant nutrition product. Moreover, the introduction of nanotechnology-based fertilizer for on-field trials and low cost as compared to conventional chemical fertilizer are the most prominent factors likely to accelerate the overall market growth in the forecast period, reveals MarkNtel Advisors in their research report, “Asia-Pacific Nano Fertilizers Market Analysis, 2021.”

According to MarkNtel Advisors, the leading players with a considerable market share in the Asia-Pacific Nano Fertilizers market are Prathista Industries Limited, Lazuriton Nano Biotechnology Co., Ltd., Smart Agri-Tech Co. Ltd., Syngenta, Sonic Essentials, UNO Fortunate Inc., Florikan, IFFCO., etc.

Market Segmentation:

  1. By Type (Zinc Nano fertilizers, Boron Nano fertilizers, Nano aptamers, Nanoporous zeolite, Carbon Nanotubes, Other)
  2. By Method of Application (In-vitro Application, In-vivo Application, Aeroponics, Hydroponics, Soil Application, Foliar Application, Other)
  3. By Application (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others (Including Turfs and Ornamental Plants))
  4. By Country (China, Japan, South Korea, Australia, India, South East Asia),
  5. By Company (Prathista Industries Limited, Lazuriton Nano Biotechnology Co., Ltd., Smart Agri-Tech Co. Ltd., Syngenta, Sonic Essentials, UNO Fortunate Inc., Florikan, IFFCO. etc.)