Fertilizers & Nutrients
Fertilizers market in India is estimated around 6 Trillon INR.
It is expected to reach 11 Trillon INR by 2025 with a CAGR growth of 11—12%.
India is second largest consumer of fertilizers in the World.
Coromandel, NFL & Chambel are the leading players of fertilizer industry in India.
We have witnessed good growth in fertilizer usage yet India’s fertilizer consumption is lower than developed & emerging countries which are expected to pick up going forward.
Urea is one of the highest consumed fertilizers in the country as a source of Nitrogen.
DAP is the 2nd most consumed fertilizer in the country as a source to increase Soil’s PH.
Nutrients are the other source which a plant need for better fertility.
In nutrients plant majorly needs nitrogen, phosphorus & potassium along with calcium, magnesium, zinc & sulfur for better fertility & production.
With a shortage of organic Fertilizers, farmers are going to use more of inorganic fertilizers for crops.
Chambel, NFL & RCF leads in Urea & DAP production & sales in India.
Coromandel leads in phosphorus & potassium products sale.
Chambel & Deepak Fertilizers leads in Zinc, Sulphur & Calcium products sale.