China Complex NPK Fertilizer Market Outlook
Ken Research announced its latest publication on “China Complex (NPK) Fertilizer Market Outlook to 2022 – Expected Replacement from Straight Chemical Fertilizers To Complex Fertilizers� provides a comprehensive analysis of the complex fertilizer market in China. The report covers aspects such as complex fertilizer market by its key segments including market size, consumption of complex fertilizers by product form, product type, application by crops, by regions and by grades. The publication also includes detailed analysis of complex fertilizer market, trade scenario, competitive landscape, detailed profiles on major players and trend and developments. Future analysis of China complex fertilizer market with estimated production and consumption projections has also been discussed along with analyst recommendations. China Complex Fertilizer Market China is the largest producer and consumer of complex/compound fertilizers in the world. The complex NPK fertilizer industry in China is large and has grown steadily in the last decade. China is almost self sufficient to meet the demand of compound fertilizer in the country. It has considerable natural reserves of raw materials utilized for production of compound fertilizers. Complex fertilizers worth USD ~ million were sold in the country and the market grew at a CAGR of ~% during the period 2012-2017. The market witnessed a slowdown in revenue growth during the last two years due to decline in price of complex fertilizers in the country. Consumption of complex fertilizers grew at a CAGR of ~% during the period 2012-2017, rising from ~ million MT in 2012 to ~ million MT in 2017. China Complex Fertilizer Market Segmentation By Region: Henan was the largest consumer of complex fertilizers in China and accounted for about ~% of the market in 2017, in terms of revenue. Shandong, Anhui, Jilin, Hebei and Jiangsu