Global Foliar Spray Market Analysis, Size, Share, Development, Growth & Demand Forecast 2018 -2023

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Foliar Spray Market Research Report Forecast to
2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Foliar Spray Market - 2023
Global Foliar Spray Market Information
by Technique (SMC, BMC, RTM), Product (PVA, PMMA,
PS, HDPE), End-Use Industry (Automotive,
Construction, Military Aerospace, Electronics,
Consumer Products Home Appliances),
RegionForecast till 2023 Foliar Spray Market
Synopsis Foliar spray is the process of applying
liquid fertilizers in a spray form directly on to
plant leaves. The stomata on plant leaves help
absorb nutrients from the foliar spray. The
response of plants to foliar nutrients is more
rapid than in the case of soil application.
Foliar applications are often timed to coincide
with specific growth stages of plants such as
flowering and fruiting, recovery from transplant
shock, hail damage, or other extreme weather
effects. Foliar sprays are especially beneficial
when environmental conditions, such as high soil
pH, excess moisture, and cold temperatures, limit
the intake of nutrients from the roots. Foliar
sprays also increase plant yield and resistance
to diseases and insects, improve drought
tolerance, and enhance crop quality. Foliar spray
fertilizers find application in horticultural
crops, field crops, and turfs and ornamentals,
among others. Liquid fertilizers used in foliar
spray can be nitrogenous (N), phosphorus-based
(P), potassium-based (K), mixed, or
micronutrients. Rapidly expanding global
population and growing concerns regarding global
food security are the major factors driving the
growth of the global foliar spray market. The use
of advanced farming technology as part of
Agriculture 4.0 is expected to provide new
opportunities for growth to market players during
the forecast period. However, the limitations of
foliar spray such as dosage restrictions,
phytotoxicity, and high costs may hinder the
growth of the market during the forecast period.
Furthermore, the waxy cuticles of plant leaves
serve as a barrier to the absorption of nutrients
from foliar sprays into the underlying tissue.
The use of agricultural surfactants in foliar
spray formulations helps solve the problem of
waxy cuticles and greatly improves nutrient
absorption. Apart from this, the effectiveness of
foliar sprays can be enhanced by managing the pH
of the spray solution in accordance with the pH
of the applied nutrients, small droplet size,
adequate spray volume, and application in the
morning.
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Foliar Spray Market - 2023
Market Segmentation The global foliar spray
market has been segmented by fertilizer type,
application, and region. On the basis of
fertilizer type, the global foliar spray market
has been divided into macronutrients and
micronutrients. The macronutrients segment has
been further categorized as nitrogenous (N),
phosphorus-based (P), potassium-based (K), and
mixed. Based on application, the global foliar
spray market has been segregated into
horticultural crops, field crops, turfs and
ornamentals, and others. Regional Analysis The
global foliar spray market has been analyzed with
respect to five regions, namely, Asia-Pacific,
North America, Europe, Latin America, and the
Middle East Africa. Europe held the largest
market share of the global foliar spray market in
2017 due to the presence of an established
agricultural industry, high agriculture
expenditure, and an emphasis on technologically
advanced farming techniques and products in the
region. These factors are also expected to result
in the steady growth of the European market
during the forecast period. North America is
expected to be the second-largest market for
foliar spray during the forecast period as the
region is home to a developed agricultural
industry. The market in Asia-Pacific is expected
to be the fastest-growing during the forecast
period. The regional agricultural industry has
seen exponential growth over the last decade due
to the rising population, availability of fertile
and arable land, the presence of agricultural
economies, lucrative government schemes, and RD
in farming techniques. The Latin American market
is expected to witness significant demand for
foliar sprays during the forecast period due to
the growing agricultural industry in countries
such as Brazil and Argentina. The demand for
foliar spray is expected to be moderate in the
Middle East Africa during the forecast period.
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Foliar Spray Market - 2023
Key Players Some of the prominent players in the
global foliar spray market are Coromandel
International Limited (India), Yara International
ASA (Norway), GSFC Ltd (India), Nutrien Ltd
(Canada), EuroChem Group AG (Switzerland), KS
KALI GmbH (Germany), Israel Chemicals Ltd
(Israel), the Mosaic Company (US), TRIBOdyn AG
(Germany), Haifa Group (Israel), Lima Europe NV
(Belgium), and Hebei Monband Water Soluble
Fertilizer Co., Ltd (China). Intended
Audience Foliar spray manufacturers Traders and
distributors of foliar spray Research and
development institutes Potential investors Raw
material suppliers Nationalized laboratories
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