Market Research Logo

India Water Soluble Fertilizers Market By Fertilizer Type (15.5-0-0-18.8, 19-19-19, 13-0-45 & Others), By Application (Fertigation & Foliar), By Crop Type (Horticulture, Ornamental, Field Crop & Others), Competition, Forecast & Opportunities, FY2028

India Water Soluble Fertilizers Market By Fertilizer Type (15.5-0-0-18.8, 19-19-19, 13-0-45 & Others), By Application (Fertigation & Foliar), By Crop Type (Horticulture, Ornamental, Field Crop & Others), Competition, Forecast & Opportunities, FY2028

India water soluble fertilizers market stood at $ 12.7 billion in 2018 and is projected to reach $ 20.6 billion by 2028. Anticipated growth in the market can be attributed to increasing urbanization which is resulting in rising construction activities due to which arable land for cultivation is decreasing. Moreover, deficiency of essential micronutrients in soil coupled with consequent increase in demand for micronutrients such as Zn, Fe, etc., to support plant growth is positively influencing the demand for water soluble fertilizers in the country. Furthermore, farmers are preferring drip irrigation as it reduces cost of crop cultivation by almost 30% besides increasing the average productivity of fruits and vegetables by almost 40%. This factor is further likely to push demand for water soluble fertilizers in the coming years.

Rapidly rising population of India is resulting in growing need for better yield of crops with lesser available land for cultivation. Moreover, the excess use of inorganic fertilizers results in accumulation of these chemicals in the crops which have harmful health effects. Use of water soluble fertilizers minimize the amount of fertilizers used. Government of India is trying to promote micro-irrigation and has announced schemes and incentives for the farmers on its adoption. The Government has proposed to bring 1.6 million hectares under micro-irrigation in co-ordination with National Bank for Agriculture and Rural Development (NABARD) to provide loans at 5%, fund of $ 700 million has been allocated for the same. These factors are anticipated to boost sales of water soluble fertilizers in India during forecast period.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020–2028

Objective of the Study:

  • To analyze and forecast market size of India water soluble fertilizers market.
  • To classify and forecast India water soluble fertilizers market based on fertilizer type, application, crop type, region and company.
  • To identify drivers and challenges in India water soluble fertilizers market.
  • To identify market trends and development in India water soluble fertilizers market.
  • To identify and analyze the profiles of leading players involved in the manufacturing of water soluble fertilizers across India.
India water soluble fertilizers market is controlled by these major manufacturers & importers, namely, Coromandel International Limited, DCM Shriram Farm Solutions, Indian Farmers Fertiliser Cooperative Limited (IFFCO), Nagarjuna Fertilizers & Chemicals Ltd., Gujarat State Fertilizers & Chemicals Ltd., Zuari Agro Chemicals Ltd., Aries Agro Limited, Rashtriya Chemicals and Fertilizers Limited, Yara Fertilisers India Pvt Ltd, and Deepak Fertilisers & Petrochemicals Corporation Ltd.

In order to perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of water soluble fertilizers manufacturers and suppliers operating in various parts of India. Subsequently, TechSci Research conducted primary research surveys, which included primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research was able to include manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed product offerings, distribution channels, and regional presence of all major water soluble fertilizer manufacturers & distributors across India.

TechSci Research calculated the market size for India water soluble fertilizers market using a bottom-up technique, wherein manufacturers’ value sales data for different applications were recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Multiple secondary sources such as directories, databases such Company Annual Reports, Industry Magazines, Industry Reports, News Dailies, Credible Paid Databases, Proprietary Database, Ministry of Agriculture & Farmers Welfare, The Fertiliser Association of India, Ministry of Commerce, etc., were also studied by TechSci Research.

Key Target Audience:
  • India water soluble fertilizers manufacturers, distributors and other stakeholders
  • Associations, organizations, forums and alliances related to water soluble fertilizers
  • Government bodies such as regulating authorities and policymakers
  • Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as water soluble fertilizer manufacturers, distributors and dealers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, India water soluble fertilizers market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
  • By Fertilizer Type
  • Calcium Nitrate (15.5-0-0-18.8)
  • NPK (19-19-19)
  • Potassium Nitrate (13-0-45)
  • Potassium Sulphate (0-0-50)
  • Mono-Ammonium Phosphate (12-61-0)
  • Mono-Potassium Phosphate (0-52-34)
  • NPK (13-40-13)
  • NPK (20-20-20)
  • NPK (18-18-18)
  • Urea Phosphate (17-44-0)
  • Others
  • By Application
  • Fertigation
  • Foliar
  • By Crop-Type
  • Horticulture
  • Ornamental
  • Field Crop
  • Others
  • By Region
  • West India
  • North India
  • South India
  • East India
  • By Company
  • Coromandel International Limited
  • DCM Shriram Farm Solutions
  • Indian Farmers Fertiliser Cooperative Limited (IFFCO)
  • Nagarjuna Fertilizers & Chemicals Ltd.
  • Gujarat State Fertilizers & Chemicals Ltd.
  • Others
Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India water soluble fertilizers.

Available Customizations:

With the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information
  • Detailed analysis and profiling of additional market players (up to five).
Please Note: Printing is not available on single-user licenses.


1. Product Overview
2. Research Methodology
3. Analyst View
4. Voice of Customer
4.1. Brand Awareness Level
4.2. Factors Influencing Purchase Decisions
5. India Fertilizers Market Outlook
6. Global Water Soluble Fertilizers Market Outlook
7. India Water Soluble Fertilizers Market Demand-Supply Analysis
8. India Water Soluble Fertilizers Market Overview
8.1. Market Size & Forecast
8.1.1. By Value
8.1.2. By Volume
8.2. Market Share & Forecast
8.2.1. By Fertilizer Type (Calcium Nitrate, Potassium Nitrate, Potassium Sulphate, Mono-Potassium Phosphate, etc.)
8.2.2. By Application (Fertigation and Foliar)
8.2.3. By Crop Type (Horticulture, Ornamental, Field Crop and Others)
8.2.4. By Region
8.2.5. By State
9. India Calcium Nitrate (15.5-0-0-18.8) Water Soluble Fertilizers Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.1.2. By Volume
9.2. Market Share & Forecast
9.2.1. By Market Type (Import and Export)
9.2.2. By Company
10. India NPK (19-19-19) Water Soluble Fertilizers Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.1.2. By Volume
10.2. Market Share & Forecast
10.2.1. By Market Type
10.2.2. By Company
11. India Potassium Nitrate (13-0-45) Water Soluble Fertilizers Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.1.2. By Volume
11.2. Market Share & Forecast
11.2.1. By Market Type
11.2.2. By Company
12. India Potassium Sulphate (0-0-50) Water Soluble Fertilizers Market Outlook
12.1. Market Size & Forecast
12.1.1. By Value
12.1.2. By Volume
12.2. Market Share & Forecast
12.2.1. By Market Type
12.2.2. By Company
13. India Mono-Ammonium Phosphate (12-61-0) Water Soluble Fertilizers Market Outlook
13.1. Market Size & Forecast
13.1.1. By Value
13.1.2. By Volume
13.2. Market Share & Forecast
13.2.1. By Market Type
13.2.2. By Company
14. India Mono-Potassium Phosphate (0-52-34) Water Soluble Fertilizers Market Outlook
14.1. Market Size & Forecast
14.1.1. By Value
14.1.2. By Volume
14.2. Market Share & Forecast
14.2.1. By Market Type
14.2.2. By Company
15. India NPK (13-40-13) Water Soluble Fertilizers Market Outlook
15.1. Market Size & Forecast
15.1.1. By Value
15.1.2. By Volume
15.2. Market Share & Forecast
15.2.1. By Market Type
15.2.2. By Company
16. India NPK (20-20-20) Water Soluble Fertilizers Market Outlook
16.1. Market Size & Forecast
16.1.1. By Value
16.1.2. By Volume
16.2. Market Share & Forecast
16.2.1. By Market Type
16.2.2. By Company
17. India NPK (18-18-18) Water Soluble Fertilizers Market Outlook
17.1. Market Size & Forecast
17.1.1. By Value
17.1.2. By Volume
17.2. Market Share & Forecast
17.2.1. By Market Type
17.2.2. By Company
18. India Urea Phosphate (17-44-0) Water Soluble Fertilizers Market Outlook
18.1. Market Size & Forecast
18.1.1. By Value
18.1.2. By Volume
18.2. Market Share & Forecast
18.2.1. By Market Type
18.2.2. By Company
19. Market Dynamics
19.1. Drivers
19.2. Challenges
19.3. Impact Analysis
20. SWOT Analysis
21. Pricing Analysis
22. Trade Dynamics
22.1. Import
22.2. Export
23. Value Chain Analysis
24. Market Trends & Developments
25. Policy & Regulatory Landscape
26. List of Major Channel Partners
27. India Economic Profile
28. Competitive Landscape
28.1. Company Profiles
28.1.1. Coromandel International Limited
28.1.2. DCM Shriram Farm Solutions
28.1.3. Indian Farmers Fertiliser Cooperative Limited (IFFCO)
28.1.4. Nagarjuna Fertilizers & Chemicals Ltd.
28.1.5. Gujarat State Fertilizers & Chemicals Ltd.
28.1.6. Zuari Agro Chemicals Ltd.
28.1.7. Aries Agro Limited
28.1.8. Rashtriya Chemicals and Fertilizers Limited
28.1.9. Yara Fertilisers India Pvt Ltd
28.1.10. Deepak Fertilisers & Petrochemicals Corporation Ltd.
29. Strategic Recommendations
List Of Figures
Figure 1: Brand Awareness Level, By Company, 2018 (Base=100)
Figure 2: Factors Influencing Purchase Decisions (Base=100)
Figure 3: Global Water Soluble Fertilizers Market Size, By Value (USD Billion), By Volume (Million Tons)
Figure 4: India Water Soluble Fertilizers Demand-Supply Analysis, FY2014-FY2018 (‘000 Tons)
Figure 5: India Water Soluble Fertilizers Market Size, By Value (USD Million), By Volume (‘000 Tons), FY2014-FY2028F
Figure 6: India Horticulture Crop Production Share, By Volume, 2018
Figure 7: India Vegetable Production Share, By State, By Volume, 2018
Figure 8: India Gross Domestic Product, By Value, 2012-2017 (USD Trillion)
Figure 9: India GDP Per Capita, 2013-2017 (USD)
Figure 10: India Personal Disposable Income (USD Trillion) & Median Household Income (‘000 USD), 2015 & 2020F
Figure 11: India Liquid Fertilizers Market Size, By Value, 2017 & 2023F (USD Billion)
Figure 12: India Water Soluble Fertilizers Market Share, By Fertilizer Type, By Volume, FY2014-FY2028F
Figure 13: India Water Soluble Fertilizers Market Share, By Application, By Volume, FY2018 & FY2028F
Figure 14: India Water Soluble Fertilizers Market Share, By Crop Type, By Volume, FY2018 & FY2028F
Figure 15: India Water Soluble Fertilizers Market Share, By Region, By Volume, FY2018 & FY2028F
Figure 16: India Water Soluble Fertilizers Market Share, By State, By Volume, FY2018
Figure 17: India Calcium Nitrate (15.5-0-0-18.8) Water Soluble Fertilizers Market Size, By Value (USD Million), By Volume (‘000 Tons), FY2014-FY2028F
Figure 18: India Cultivation Area Under Vegetable and Fruit Crops, 2015-2018 (‘000 Hectares)
Figure 19: India Calcium Nitrate (15.5-0-0-18.8) Water Soluble Fertilizers Market Share, By Market Type, By Volume, FY2018 & FY2028F
Figure 20: India Calcium Nitrate (15.5-0-0-18.8) Water Soluble Fertilizers Market Share, By Company,
By Volume, FY2018
Figure 21: India NPK (19-19-19) Water Soluble Fertilizers Market Size, By Value (USD Million), By Volume (‘000 Tons) FY2014-FY2028F
Figure 22: India Total Food Grain Production, By Type, By Volume, 2014-2018 (Million Metric Tons)
Figure 23: India NPK (19-19-19) Water Soluble Fertilizers Market Share, By Market Type, By Volume,
FY2018 & FY2028F
Figure 24: India NPK (19-19-19) Water Soluble Fertilizers Market Share, By Company, By Volume, FY2018
Figure 25: India Potassium Nitrate (13-0-45) Water Soluble Fertilizers Market Size, By Value (USD Million), By Volume (‘000 Tons), FY2014-FY2028F
Figure 26: India Total Cotton & Jute Production, By Volume, 2014-2018 (Million Metric Tons)
Figure 27: India Potassium Nitrate (13-0-45) Water Soluble Fertilizers Market Share, By Market Type, By Volume, FY2018 & FY2028F
Figure 28: India Potassium Nitrate (13-0-45) Water Soluble Fertilizers Market Share, By Company, By Volume, 2018
Figure 29: India Potassium Sulphate (0-0-50) Water Soluble Fertilizers Market Size, By Value (USD Million), By Volume (‘000 Tons), FY2014-FY2028F
Figure 30: Area Covered under Micro Irrigation in India, 2005-2018 (Million Hectare)
Figure 31: India Potassium Sulphate (0-0-50) Water Soluble Fertilizers Market Share, By Market Type,
By Volume, FY2018 & FY2028F
Figure 32: India Potassium Sulphate (0-0-50) Water Soluble Fertilizers Market Share, By Company, By Volume, FY2018
Figure 33: India Mono-Ammonium Phosphate (12-61-0) Water Soluble Fertilizers Market Size, By Value (USD Million), By Volume (‘000 Tons), FY2014-FY2028F
Figure 34: India Fruit Production Share, By State, By Volume, 2018
Figure 35: India Flower Production Share, By State, By Volume, 2018
Figure 36: India Mono-Ammonium Phosphate (12-61-0) Water Soluble Fertilizers Market Share, By Market Type, By Volume, FY2018 & FY2028F
Figure 37: India Mono-Ammonium Phosphate (12-61-0) Water Soluble Fertilizers Market Share, By Company, By Volume, FY2018
Figure 38: India Mono-Potassium Phosphate (0-52-34) Water Soluble Fertilizers Market Size, By Value (USD Million), By Volume (‘000 Tons), FY2014-FY2028F
Figure 39: India Area Under Citrus Fruit Cultivation (‘000 Hectares) and Total Citrus Fruit Production
(‘000 Metric Tons) 2015-2018
Figure 40: India Mono-Potassium Phosphate (0-52-34) Water Soluble Fertilizers Market Share, By Market Type, By Volume, FY2018 & FY2028F
Figure 41: India Mono-Potassium Phosphate (0-52-34) Water Soluble Fertilizers Market Share, By Company, By Volume, FY2018
Figure 42: India NPK (13-40-13) Water Soluble Fertilizers Market Size, By Value (USD Million), By Volume (‘000 Tons), FY2014-FY2028F
Figure 43: India Area Under Pomegranate Cultivation (‘000 Hectares) and Total Pomegranate Production
(‘000 Metric Tons) 2015-2018
Figure 44: India NPK (13-40-13) Water Soluble Fertilizers Market Share, By Market Type, By Volume,
FY2018 & FY2028F
Figure 45: India NPK (13-40-13) Water Soluble Fertilizers Market Share, By Company, By Volume, FY2018
Figure 46: India NPK (20-20-20) Water Soluble Fertilizers Market Size, By Value (USD Million), By Volume (‘000 Tons) FY2014-FY2028F
Figure 47: India Total Vegetable Production, By Volume, 2015-2018 (Million Metric Tons)
Figure 48: India NPK (20-20-20) Water Soluble Fertilizers Market Share, By Market Type, By Volume,
FY2018 & FY2028F
Figure 49: India NPK (20-20-20) Water Soluble Fertilizers Market Share, By Company, By Volume, FY2018
Figure 50: India NPK (18-18-18) Water Soluble Fertilizers Market Size, By Value (USD Million), By Volume (‘000 Tons) FY2014-FY2028F
Figure 51: India Area Under Plantation Crop Area, By State, By Volume, 2018 (%)
Figure 52: India Plantation Crop Production Share, By State, By Volume, 2018
Figure 53: India NPK (18-18-18) Water Soluble Fertilizers Market Share, By Market Type, By Volume,
FY2018 & FY2028F
Figure 54: India NPK (18-18-18) Water Soluble Fertilizers Market Share, By Company, By Volume, 2018
Figure 55: India Urea Phosphate (17-44-0) Water Soluble Fertilizers Market Size, By Value (USD Million), By Volume (‘000 Tons), FY2014-FY2028F
Figure 56: Partial List of Area Covered Under Drip Irrigation (‘000 Hectares), By State, 2018
Figure 57: India Urea Phosphate (17-44-0) Water Soluble Fertilizers Market Share, By Market Type, By Volume, FY2018 & FY2028F
Figure 58: India Urea Phosphate (17-44-0) Water Soluble Fertilizers Market Share, By Company, By Volume, FY2018
Figure 59: India Water Soluble Fertilizers Average Selling Prices, FY2014-FY2028F (USD/Tons)
Figure 60: India Water Soluble Fertilizers Market Imports, By Volume (‘000 Tons), 2014-2018
Figure 61: India Water Soluble Fertilizers Market Exports, By Volume (‘000 Tons), 2014-2018
List Of Tables
Table 1: India Production of Major Fertilizers, 2017 & 2018 (Million Metric Tons)
Table 2: India Fertilizers Subsidy Rates, By Grade, FY2013-FY2017 (USD per MT)
Table 3: India Water Soluble Fertilizer Channel Partners

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report