Agricultural modernization development, water-soluble fertilizer market has huge room for development

Water-soluble fertilizer is a completely soluble compound fertilizer that can be quickly dissolved in water. It is suitable for use in soilless cultivation, drip irrigation, seed soaking and root soaking, and is a liquid or solid fertilizer that is more easily absorbed by crops. Water-soluble fertilizers not only contain nutrients such as nitrogen, potassium, and phosphorus, but also contain amino acids, plant growth regulators, humic acid and other ingredients. Their absorption and utilization rates are much higher than ordinary chemical fertilizers. They are the main development direction of modern agriculture and have relatively bright prospects for industry development. good.

In addition to its high effect in wheat and rice, water-soluble fertilizers also have the effect of increasing production and quality in peanuts, peppers, grapes, and tomatoes, and the market demand is high. According to the dosage form, water-soluble fertilizers can be divided into solid type and water dosage form. The water dosage form is more convenient to use, but has higher packaging requirements, inconvenient storage and transportation, and lower nutrient content; the solid type has higher nutrient content and It is easy to transport, but has low active ingredients, high impurities and poor solubility.

my country’s agriculture is actively promoting “water-fertilizer integration”. With the rapid promotion of this technology, the demand for water-soluble fertilizer applications continues to rise. Based on market structure analysis, water-soluble fertilizers are currently mainly produced in Sichuan, Xinjiang, Shandong and other provinces and sold to Gansu, Xinjiang and other southwest and southern China regions. Water-soluble fertilizers are in the promotion period in China, but the current market penetration rate is low. Water-soluble fertilizers account for about 6% of the domestic fertilizer market share. There is huge room for development of the water-soluble fertilizer market in the future.

According to different nutritional components, water-soluble fertilizers can be divided into multiple types. Among them, water-soluble fertilizers rich in amino acids and water-soluble fertilizers containing trace elements have a higher market demand, both accounting for 25%, followed by water-soluble fertilizers rich in nitric acid. The proportion is about 24%, and the proportion of water-soluble fertilizer containing a large number of elements is 21%. According to the analysis of the consumption market structure of water-soluble fertilizers, it is mainly used in the field of cash crops, accounting for 76% of the demand, followed by field crops, accounting for about 19%, and horticulture, landscape and other fields account for a smaller share.

According to the “2021-2025 Water-Soluble Fertilizer Industry In-depth Market Research and Investment Strategy Suggestion Report” released by the Industrial Research Center, water-soluble fertilizers The application of chemical fertilizers is closely related to agricultural modernization. In recent years, my country’s modernization has advanced rapidly, and the area of ​​high-efficiency water-saving irrigation has continued to expand, reaching 370 million acres in 2020, of which pipe irrigation reached 170 million acres, and sprinkler irrigation and micro-irrigation were relatively small. If all water-soluble fertilizers are used for efficient water-saving irrigation, my country’s water-soluble fertilizer market capacity will be approximately 60 billion yuan in 2020.

Industry analysts said that water-soluble fertilizer, as a highly efficient and multi-functional fertilizer, is an inevitable trend in agricultural development and the industry’s development prospects better. At present, water-soluble fertilizers are still in the popularization stage in the domestic market, with low market penetration, and there is huge room for market development in the future. In terms of production, due to the low threshold of the water-soluble fertilizer industry, there are currently many companies in the market and there is a lack of absolute leading companies.