Complex Fertilizers Market Size Estimated to Reach at USD 57.2 Billion in 2026

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Complex Fertilizers Market Size Estimated to Reach at USD 57.2 Billion in 2026 Polaris Market Research’s new report indicates that the complex fertilizers market globally generated USD 31.5 Billion in 2017 and is expected to grow at a CAGR of 6.8% from 2018 to 2026. Complex fertilizers contain changeable ratios of two or three macronutrients namely nitrogen, phosphorous and potassium that are required by plants. The application of complex fertilizers simplifies the overall task of balancing soil nutrients as well as boosts the average yields of crops. The complex fertilizers are used to provide crops with necessary nutrients for plant nourishment that assures high efficiency in a range of climatic conditions thereby promising a good yield. The availability of complex fertilizers distributed and packaged in either granular or liquid form further leads to the higher demand for the product. It is the combination of complex or compound fertilizers that provide multiple advantages like economic savings, convenience in the field, along with ease in meeting with the crop nutritional levels.

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