Low-Carbon Fertilizers market is growing at 5.8% CAGR driven by environmental sustainability and innovation
From GlobeNewswire: 2025-01-23 06:30:00
Global Low-Carbon Fertilizers Market valued at US$ 3,433.2 million in 2024, set to reach US$ 6,033.3 million by 2034 with a growth rate of 5.8%. Market driven by environmental awareness and technological advancements in production methods. Farmers embracing sustainability to reduce environmental impact. Key regions include North America and East Asia.
Market development focuses on R&D investment in innovative production technologies and application methods. Major players like BASF SE, CF Industries Holdings, and Yara International driving market growth. Recent developments include EuroChem Group opening a research center in Germany and OCI N.V. expanding production in the Netherlands.
Yara International introduced new low-carbon fertilizers made with green hydrogen and renewable energy sources. CF Industries and a European clean energy company partnered to build green hydrogen facilities for low-carbon fertilizer production. Market growth driven by environmental sustainability and innovative solutions in nutrient management.
Fact.MR presents unbiased analysis of the global Low-Carbon Fertilizers Market, showcasing historical data from 2019 to 2023 and forecast statistics from 2024 to 2034. Market segmented by product type, production method, application, and region. Other related studies include Biomass Balanced Ammonia, Tire Carbon Black, Dehydration Membrane, Polyester Film, and Micropiles markets.
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