Global Humic Acid Market Size, Share, Development, Growth and Demand Forecast to 2020 By P&S Market Research
The global humic
acid market was valued at $325.6 million in 2014, and it
is expected to grow with a CAGR of 12.9% during 2015 - 2020. On the basis of
crop type, the global market is segmented into row crops, fruits &
vegetables, turf & ornamentals, and others. The market was dominated by the
row crop segment in 2014.
Humic acids are black to dark brown colored
substances, and are extracted from soil or coal sediments by reacting them with
various reagents and chemicals. These substances are not soluble in water under
acidic conditions. There is a growing demand for humic acid in row crops,
fruits and vegetables, and turfs and ornamentals, among several other crop
types.
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Geographically, the European market accounted
for the largest share in the global humic acid market in 2014. However,
Asia-Pacific is a highly attractive market and presents a huge growth
opportunity for the market players, owing to the increasing demand for food
crops, amidst rapid industrialization in the major economies of the region,
especially China, India, and South Korea. Along with the focus on increasing
food production, the end users are also focusing on increasing the production
efficiency, by not only increasing the yield but also preventing crops from
diseases. This is a major reason for the shifting attention of the bio
stimulants manufacturers towards this region. The local and regional players
are also ramping up production capacities, in order to gain from the rapidly
increasing demand from agricultural sectors. Such developments in turn will
have a significant effect on the Asia-Pacific market.
The information and data in the publication “Global Humic Acid Market Size, Share, Development,
Growth and Demand Forecast to 2020 – Industry Insights by Application (Foliar,
Soil, Seed), Crop Type (Row Crop, Fruits and Vegetables, Turf and Ornamentals,
Others)”, represents the research and analysis of data from various primary
and secondary sources. A bottom up approach has been used to calculate the
market size of the global Humic acid market. P&S Market Research analysts
and consultants interacted with leading companies of the concerned domain to
substantiate every value of data presented in this report. The company bases
its primary research on discussions with prominent professionals and analysts
in the industry, which is followed by informed and detailed online and offline
research.
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Related Research at: https://www.psmarketresearch.com/industry-report/chemicals-materials-and-energy
TABLE OF CONTENT
Chapter 1. Research Scope & Methodology
1.1 Market Definition
1.2 Market Scope
1.2.1 Market breakdown by application
1.2.2 Market breakdown by crop type
Chapter 2. Executive Summary
2.1 Key Findings
2.2 Research Summary
Chapter 3. Market Outlook
3.1 Introduction
3.1.1 Overview of biostimulants market
3.1.2 Overview of Humic acid market
Chapter 4. Global Humic Acid Market Size and Forecast (2011 – 2020)
4.1 Global Humic Acid Market Breakdown by Application
4.1.1 Foliar
4.1.2 Soil
4.1.3 Seed
Chapter 1. Research Scope & Methodology
1.1 Market Definition
1.2 Market Scope
1.2.1 Market breakdown by application
1.2.2 Market breakdown by crop type
Chapter 2. Executive Summary
2.1 Key Findings
2.2 Research Summary
Chapter 3. Market Outlook
3.1 Introduction
3.1.1 Overview of biostimulants market
3.1.2 Overview of Humic acid market
Chapter 4. Global Humic Acid Market Size and Forecast (2011 – 2020)
4.1 Global Humic Acid Market Breakdown by Application
4.1.1 Foliar
4.1.2 Soil
4.1.3 Seed
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