MRO Magazine

Fertilizers Market in Thailand 2015-2019 – Increasing Adoption of Biofertilizers – Research and Markets


January 15, 2016
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/n6vptf/fertilizers) has announced the addition of the “Fertilizers Market in Thailand 2015-2019” report to their offering.

The report has estimated that the consumption of fertilizers in Thailand was 2.74 million metric tons in 2014 and is expected to reach a volume of 3.34 million metric tons in 2019, growing at a CAGR of more than 4%. Agriculture is one of the major source of the economy in Thailand, wherein more than 60% of the population is involved in agriculture.

The increasing population in Thailand every year has increased the demand for food, thereby increasing the production and consumption of fertilizers in the country. The consumers are expanding their diets with these dietary changes manifested in the form of increased demand for grain-intensive animal protein and dairy products. However, with the decline in arable land, it is difficult for farmers to increase productivity enough to cater to the high demand for food. Therefore, farmers are increasingly depending on fertilizers to improve plant growth and yields.

Segmentation of the fertilizers market in Thailand by product:

  • Nitrogen
  • Phosphate
  • Potash

The report considers upcoming trends such as the increase in adoption of biofertilizers, which is driven by the increase in awareness of the negative impact of chemical fertilizers on health and environment. The increasing adoption of biofertilizers can also be attributed to the growing demand for organic food and increase in government regulations for environmental safety.

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the fertilizers market in Thailand. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.

Companies Mentioned:

  • Artemis & Angel
  • Chia Tai
  • National Chemical Fertilizer Public Company
  • Thai Central Chemical
  • Yara International
  • Ajinomoto
  • Crop Argo
  • Global Bio
  • ICL Fertilizers
  • Terragro Company.

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Global agriculture: An overview

PART 06: Thailand: Country profile

PART 07: Agriculture in Thailand: An overview

PART 08: Market landscape

PART 09: Market segmentation by product

PART 10: Market drivers

PART 11: Impact of drivers

PART 12: Market challenges

PART 13: Impact of drivers and challenges

PART 14: Market trends

PART 15: Vendor landscape

PART 16: Other prominent vendors

PART 17: Key vendor analysis

For more information visit http://www.researchandmarkets.com/research/n6vptf/fertilizers

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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