The Specialty Fertilizers Market is projected to reach $42.57 billion by 2030, at a CAGR of 8.9% from 2023 to 2030. The growth of the specialty Fertilizers market is driven by the declining availability of arable land and the rising demand for food, growing environmental concerns, and favorable government policies and regulations. However, high production costs restrain the growth of the specialty fertilizers market.
Here are the top 10 companies operating in the Specialty Fertilizers Market
Nutrien Ltd. (Canada)
Founded in 2018 and headquartered in Saskatchewan, Canada, Nutrien Ltd. was formed through the merger between PotashCorp and Agrium. Nutrien Ltd. is engaged in the production and distribution of crop inputs and services. The company operates through four business segments, namely Retail, Potash, Nitrogen, and Phosphate. The company’s product and service portfolio includes agriculture solutions such as nutrients, crop protection products, seeds, services, and digital tools. The company offers crop specialty fertilizer products through all its business segments. Further, the company also offers premium technology products, such as ESN Smart Nitrogen, CAN17, and MAP + MST.
Moreover, the company also offers services like digital solutions and agronomy, precision agriculture, nutrient management, irrigation management, and water conservation practices. The company has an annual production capacity for potash of around 20.6 million tonnes, nitrogen of around 7.1 million tonnes, and phosphate of 1.7 million tonnes.
With its subsidiaries and Strong Distribution Network in 13 countries, the company has a geographical presence across North America, Europe, Asia, and Latin America. As of 2022, the company had a headcount of over 24,700 employees worldwide.
Coromandel International Limited (A Part of Murugappa Group) (India)
Incorporated in 1961 and headquartered in Telangana, India, Coromandel is engaged in providing agricultural solutions. The company operates through two business segments: Nutrients & Other Allied Businesses and Crop Protection. The company’s product and service portfolio includes crop nutrition, crop protection, and retail. The company offers crop nutrition products through its nutrients & other allied businesses segment. The company provides fertilizer, specialty nutrients, and organic fertilizers as crop nutrition products.
Moreover, the company also offers numerous services like crop diagnostics, soil testing services, gromor, nutri-clinics, scientists at stores, and farm mechanization services for farmers. The company offers its products under the Gromor brand. The company’s manufacturing capacity per year for fertilizers is around 4.5 million tons.
With its subsidiaries and strong distribution network in more than 80 countries and 16 manufacturing facilities, the company has a geographical presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. As of March 2023, the company had a headcount of over 13,650 employees worldwide.
Yara International ASA (Norway)
Founded in 1905 and headquartered in Oslo, Norway, Yara International is engaged in the manufacturing and distribution of crop nutrition solutions. The company offers nitrogen-based mineral fertilizers and related industrial products. The company operates through three business segments, namely Crop nutrition, Digital farming, and Industrial Nitrogen. The company offers specialty fertilizer products through its crop nutrition business segment. The company provides straight nitrogen fertilizers, compound fertilizer products, fertigation solutions, foliar nutrition products, coatings, biostimulants, organic-based fertilizers, and green fertilizers through the crop nutrition products business segment.
Moreover, the company also offers crop-specific advice and fertilizer management tools and services. The company is also offering digital farming tools for precision farming. The company offers its range of fertilizer under the brands YaraBela, YaraMila, YaraLiva, and YaraVita.
With its subsidiaries and a strong distribution network in more than 60 countries, the company has a geographical presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of December 2022, the company had a headcount of 17,500 employees worldwide.
ICL Group Ltd. (Israel)
Founded in 1968 and headquartered in Tel Aviv, Israel, ICL is a biotechnology research company engaged in the manufacturing and distribution of specialty minerals. The company provides bromine, potash, and phosphate. The company operates through four business segments: Industrial Products (Bromine), Potash, Phosphate Solutions, and Growing Solutions. The company offers its products for agriculture, ornamental & horticulture, turf & landscape, energy, agtech, food, health & personal care, industrial, flame retardants, construction, paints & coatings, transportation, waste & water treatment, animals, and textile & leather industries. The company offers specialty fertilizers for the agriculture sector. Moreover, the company also offers controlled release fertilizers, fertilizerpluS, fertigation fertilizers, foliar fertilizers, granulated PK/NPK, essential fertilizers, beyond fertilizers, and industrial Ag for the agriculture sector.
In addition, with 24 global R&D centers and 770 granted patents, the company also engaged in developing innovative products and solutions such as food tech solutions, next-generation solutions, eMobility innovations and sustainability, digital agriculture, and novel materials.
With its subsidiaries and strong distribution network in 30 countries and 38 production sites, the company has a geographical presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of December 2022, the company had a headcount of 13,619 employees globally.
EuroChem Group AG (Switzerland)
Founded in 2001 and headquartered in Zug, Switzerland, EuroChem is an agricultural chemical manufacturing company engaged in the production and distribution of mineral fertilizers. The company operates through two business segments, namely Agricultural Products and Industrial Products. Through its industrial products business segment, the company provides products for the chemical industry, oil industry, products and solutions for road safety, roadway applications, and products and solutions for water purification, among others. The company offers nitrogen, phosphate, potash and complex fertilizers, and nutrient-rich feed products through its agricultural products business segment. The company offers specialty fertilizer through its agricultural products business segment. The company is also developing a new generation of fertilizers. The company’s enhanced-efficiency fertilizers (EEFs) are specially formulated to provide nutrients more slowly, which enables crops to take them up more efficiently.
With its subsidiaries and strong distribution network in more than 100 countries, the company has a geographical presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of December 2022, the company had a headcount of more than 27,000 employees globally.
Meticulous Research in its latest publication on Specialty Fertilizers Market has predicted the growth of 8.9% during the forecast year 2023-2030.
Haifa Group (Israel)
Founded in 1966 and headquartered in Haifa, Israel, Haifa is engaged in manufacturing and supplying specialty fertilizers, including agricultural and industrial-grade potassium nitrate. The company operates in two business segments: Plant Nutrition and Industrial. The company provides Multi-K potassium nitrate fertilizers, water-soluble fertilizers (WSF), controlled release fertilizers (CRF), granular NPK, biostimulants, and micronutrients through its plant nutrition business segment.
The company also helps farmers through their software and applications to gain full benefits from their crops. The company shares comprehensive plant-nutrition knowledge through a set of online tools, including Deficiency Pro, NutriNet, Fertilizer Conversion Calculator, Multimatch, FoliMatch, FertiMatch, and FloraMatch.
Haifa Group has 17 subsidiaries worldwide and production facilities in Israel, France, and Canada. With its subsidiaries and strong distribution network in more than 100 countries, the company has a geographical presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
The Mosaic Company (U.S.)
Incorporated in 2004 and headquartered in Florida, U.S., the Mosaic Company was formed through the business combination of IMC Global Inc. and the Cargill Crop Nutrition fertilizer businesses of Cargill. The Mosaic Company is engaged in the production and marketing of concentrated phosphate and potash. The company operates through three segments, namely Phosphates, Potash, and Mosaic Fertilizantes. The Company offers concentrated phosphate crop nutrients and phosphate-based animal feed ingredients through its phosphate business segment. In addition, the company provides potash-based crop nutrients, animal feed ingredients, and industrial products through its potash business segment under the crop nutrients segment, the company offers specialty fertilizer.
With its subsidiary and strong distribution network in more than 40 countries, the company has a geographical presence in North America, Europe, Asia-Pacific, and Latin America. As of 2022, the company had a headcount of more than 13,000 employees globally.
Sociedad Química y Minera de Chile S.A. (Chile)
Incorporated in 1968 and headquartered in Santiago, Chile, SQM is a mining company. The company operates through five business segments: Specialty Plant Nutrition, Lithium and Derivatives, Iodine and Derivatives, Potassium, and Industrial Chemicals. The company offers specialty fertilizer through its specialty plant nutrition business segment. The company offers specialty fertilizer products under several brands, including Ultrasol, Qrop, Speedfol, and Bulldog.
The company provides solutions for the health, food, technology, and clean energy industries. The company produces potassium nitrate of natural origin and focuses on allowing a more rational use of water for fertigation applications. The company has domestic and international partnerships with the International Fertilizer Industry Association (IFA), the Global Battery Alliance, Acción Empresas, and the Chilean Industrial Chemical Association (ASIQUIM). The company also has different domestic and international certifications, such as ISO 14001, NCh 3262 on Gender Equality and Work-Life Balance, The Dow Jones Sustainability Index (DJSI), Giro Limpio, and ISO 27001 Certifications.
With its subsidiaries and a strong distribution network, the company has a geographical presence in more than 100 countries and commercial offices in more than 20 countries across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of December 2022, the company had a headcount of 6,997 employees globally.
Kingenta Ecological Engineering Group Co., Ltd (China)
Founded in 1998 and headquartered in Shandong, China, Kingenta is a chemical manufacturing company engaged in R&D, production, and marketing of fertilizers. The company operates through five business segments, namely, Controlled Release Fertilizer, Water Soluble Fertilizer, Efficiency Enhancers, Biostimulant, and EDTA Chelated Micronutrients. The company offers specialty fertilizer through these segments.
The company has a slow/controlled-release fertilizer production base with total assets of more than USD 2.13 billion (RMB 15.3 billion) and an annual production capacity of 7 MMT. The company has production sites in Linshu, Shandong Province, Heze, Shandong Province, Changfeng, Anhui Province, Dancheng, Henan Province, Zhumadian, Henan Province, Tieling, Liaoning Province, Weng’an, Guizhou Province, Jinning, Yunnan Province, Yingde, Guangdong Province along with branches in America, Norway, Israel, Germany, Vietnam, and Hong Kong.
The company has more than 40 national and provincial major scientific projects, including the National Science-technology Support Plan Projects, the National Spark Plan, the National Torch Plan, and the National Key New Product Plan.
With its subsidiaries and a strong distribution network, the company has a presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of 2022, the company had a headcount of more than 10,000 employees worldwide.
Deepak Fertilisers and Petrochemicals Corporation Ltd. (DFPCL) (India)
Founded in 1979 and headquartered in Maharashtra, India, Deepak Fertilisers is engaged in the production and distribution of fertilizer and industrial chemicals. The company operates through four business segments, namely Industrial Chemicals (IC), Technical Ammonium Nitrate (TAN), Crop Nutrition Business (CNB), and Value-added Real Estate (VARE). The company’s product portfolio includes industrial chemicals, bulk and specialty fertilizers, farming diagnostics and solutions, technical ammonium nitrate, and value-added real estate. The company offers its products under the Mahadhan brand. The company provides a range of products, including bulk fertilizers, specialty fertilizers, water-soluble fertilizers, micronutrients, and secondary nutrients through its crop nutrition business segment.
With its subsidiaries, including Smartchem Technologies Limited, Mahadhan Farm Technologies Pvt. Ltd., SCM Fertichem Limited, Deepak Nitrochem Pty Ltd., etc., the company has the strongest presence in India. As of 2022, the company had a headcount of more than 942 employees.
Popular Mention: Kugler Company (U.S.).
Authoritative Research on the Specialty Fertilizers Market – Global Opportunity Analysis and Industry Forecast (2023-2030)
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- Recent financial performance
- Key products
- Significant company strategies
- Partnerships and acquisitions
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