Emerging Opportunities in the Fertilizer Market.
Fertilizers are food for plants. Fertilizer helps farmers feed our growing population. Plants require 17 essential nutrients in the soil to survive and to grow. Fertilizers help replenish these nutrients after each harvest.
A fertilizer is a natural or synthetic, chemical-based substance that is used to enhance plant growth and fertility. Fertilizers may also enhance water retention and filter any excess liquid, hence enhancing soil effectiveness. Fertilizers typically offer the three major macronutrients potassium, phosphorus, and nitrogen. Fertilizers may also add secondary nutrients such as sulfur, magnesium, and calcium to the soil or growing media. Fertilizer is any substance, from plant food pellets to worm compost that makes the soil more fertile. After all, soil provides nutrients to plants, so fortifying it with the right minerals and microbes helps grow hardy, healthy plants.
Both organic and inorganic fertilizers provide plants with the nutrients needed to grow healthy and strong. However, each contains different ingredients and supplies these nutrients in different ways. Organic fertilizers work over time to create a healthy growing environment, while inorganic fertilizers provide rapid nutrition. Determining which is better for your plants depends largely on the needs of your plants and your preferences in terms of cost and environmental impact.
A benefit of inorganic fertilizers is that they work more quickly than do organic fertilizers because they contain a higher percentage of nutrients; however, long-term use of inorganic fertilizers may contribute to soil depletion.
The Indian Fertilizer Industry has shown tremendous growth in the last five decades and at present ranks third in the world. India is the second largest consumer of fertilizers after China. India also ranks second in the production of nitrogenous fertilizers and third in phosphatic fertilizers whereas the requirement of potash is met through imports since there are limited reserves of potash in the country. India is another major market for NPK (nitrogen, phosphate, and potash) fertilizers.
Fertilizers play an important role in increasing efficiency of agricultural output. With the strengthening of pricing control policies and reforms, the fertilizers market is expected to be regulated soon in India. Fertilizer products are based on chemicals such as Nitrogen, Potassium and Phosphorus, where nitrogen based fertilizers have the largest usage in India. The major factors which are driving the growth of the agricultural fertilizers market in India are government subsidy and increased demand of food grains.
Nitrogenous Fertilizer
| Demand : Past and Future | |
| Year | (In Million Metric Tonne) |
| 1990-91 | 8.00 |
| 2000-01 | 11.11 |
| 2001-02 | 11.04 |
| 2002-03 | 10.63 |
| 2003-04 | 10.77 |
| 2004-05 | 11.75 |
| 2005-06 | 12.75 |
| 2006-07 | 13.80 |
| 2007-08 | 14.50 |
| 2008-09 | 15.40 |
| 2009-10 | 14.90 |
| 2010-11 | 15.35 |
| 2011-12 | 16.10 |
| 2012-13 | 16.90 |
| 2013-14 | 17.60 |
| 2014-15 | 18.10 |
| 2015-16 | 19.50 |
| 2016-17 | 19.95 |
| 2017-18 | 20.35 |
| 2018-19 | 20.85 |
| 2019-20 | 21.00 |
| 2024-25 | 23.50 |
Urea
| Demand : Past and Future | |
| Year | (In Million Metric Tonne) |
| 1990-91 | 14.08 |
| 2000-01 | 19.72 |
| 2001-02 | 19.28 |
| 2002-03 | 18.78 |
| 2003-04 | 19.15 |
| 2004-05 | 20.86 |
| 2005-06 | 22.30 |
| 2006-07 | 24.25 |
| 2007-08 | 25.15 |
| 2008-09 | 26.25 |
| 2009-10 | 26.00 |
| 2010-11 | 26.75 |
| 2011-12 | 27.85 |
| 2012-13 | 29.80 |
| 2013-14 | 31.20 |
| 2014-15 | 31.95 |
| 2015-16 | 32.60 |
| 2016-17 | 33.25 |
| 2017-18 | 33.75 |
| 2018-19 | 34.35 |
| 2019-20 | 35.40 |
| 2024-25 | 40.50 |
Di-ammonium Phosphate (DAP)
| Demand : Past and Future | |
| Year | (In Million Metric Tonne) |
| 1990-91 | 4.25 |
| 2000-01 | 5.85 |
| 2001-02 | 6.20 |
| 2002-03 | 5.45 |
| 2003-04 | 5.60 |
| 2004-05 | 6.25 |
| 2005-06 | 6.75 |
| 2006-07 | 7.40 |
| 2007-08 | 7.20 |
| 2008-09 | 7.65 |
| 2009-10 | 7.80 |
| 2010-11 | 8.85 |
| 2011-12 | 10.70 |
| 2012-13 | 11.25 |
| 2013-14 | 11.50 |
| 2014-15 | 12.00 |
| 2015-16 | 12.20 |
| 2016-17 | 12.50 |
| 2017-18 | 12.65 |
| 2018-19 | 12.95 |
| 2019-20 | 13.20 |
| 2024-25 | 14.25 |
Single Super Phosphate (SSP)
| Demand : Past and Future | |
| Year | (In Million Metric Tonne) |
| 1990-91 | 3.56 |
| 2000-01 | 2.86 |
| 2001-02 | 2.60 |
| 2002-03 | 2.50 |
| 2003-04 | 2.54 |
| 2004-05 | 2.55 |
| 2005-06 | 2.75 |
| 2006-07 | 2.90 |
| 2007-08 | 2.95 |
| 2008-09 | 3.10 |
| 2009-10 | 3.05 |
| 2010-11 | 3.15 |
| 2011-12 | 3.75 |
| 2012-13 | 4.10 |
| 2013-14 | 4.50 |
| 2014-15 | 4.90 |
| 2015-16 | 5.10 |
| 2016-17 | 5.75 |
| 2017-18 | 6.20 |
| 2018-19 | 6.70 |
| 2019-20 | 6.90 |
| 2024-25 | 8.25 |
Here are few Projects for Startups:
MINI FERTILIZER PLANT
All living beings require certain essential nutrition for its survival & growth. Plants and other vegetation are also requiring certain foods to grow. The fertilizers are that materials which are added to the soil, to supply nutrients for the survival & formed growth of plants. It is the most important product of the chemical industry……..Read more
SINGLE SUPER PHOSPHATE & MIXED FERTILIZER
Broadly speaking a fertilizer or manure, may be interpreted to mean anything that will increase the yield of a crop is added to the soil. Generally the fertilizers are divided into two main classes. First natural or organic manures and second artificial fertilizers. The Indian fertilizer industry is spread in all parts and corners of the country……Read more
NPK FERTILIZERS
Fertilizer is a material that is added to the soil to supply one or more elements required for plant growth and productiveness. The major three elements are nitrogen, potassium and phosphorus, the secondary elements are calcium, sulfur, magnesium, and other elements are boron, manganese, iron, zinc, copper and molybdenum…….Read more
ORGANIC FERTILIZER (IN SOLID AND LIQUID FORMS)
Like human beings, plants too need the right kind and amount of food for their growth and development. But unlike man, plants cannot move around to collect their food. They have to synthesize their own food. To synthesize their food, plants require nutrients in addition to light, heat, air and water. Organic fertilizer is used to produce the tasteful crops……..Read more
MAGNESIUM SULPHATE AS FERTILIZER GRADE
Magnesium sulphate is used, as fertilizer for supplying trace amounts of magnesium and sulphate to the plant. Magnesium sulphate is manufactured by using magnesium ores. There is requirement of grinding machine magnetic separator, stone separator and packing machine. It can be packed in gunny bag and store in the room of normal temperature…….Read more
MIXED FERTILIZER (FROM ORGANIC WASTE)
Mixed fertilizer is a mixture of balance bio-fertilizer and balance in organic fertilizer like DAP and potassium nitrate. There are varieties of use of mixed fertilizer. There are many private organizers and few organized manufacturers are available in India, who are manufacturing different variety of fertilizer……..Read more
SINGLE SUPER PHOSPHATE
Single Super Phosphate (SSP) Fertilizer industry is the pioneering fertilizer industry in the country and the first SSP plant is said to have been established by EID Parry in the year 1906. Manufacturing of SSP is based on perhaps the simplest chemical reaction amongst chemical fertilizer industry. The main raw materials required are rock phosphate and sulphuric acid…….Read more
CUSTOMIZED FERTILIZER (FOR HIGHER CROP PRODUCTIVITY)
Fertilizer is an essential key input for production and productivity of crops. Fertilizer alone contributes towards 55% of additional food production. Since there is no scope for extending the cultivable area, more productivity per unit area is the only option and fertilizer is the main cart puller…….Read more
VERMICOMPOST
Vermicompost is a newly developed compost fertilizer which can be used largely instead of inorganic as well as organic fertilizer. The production of vermicompost involves breeding of earth worms in a mixture of cow dung, soil and agriculture residue till the whole mass is converted into cast. This cast is then collected to give the vermicompost…….Read more
POTASSIUM SULPHATE (FERTILIZER GRADE)
Potassium sulphate is an important chemical fertilizer is preferably used for tobacco and citrus crops which is one of the most vital input for agriculture. With the increasing trend to multiply cropping in a year the needs for fertilizer is increasing……..Read more
MICRONUTRIENTS FERTILIZER
Micronutrients are elements which are essential for plant growth, but are required in much smaller amounts than those of the primary nutrients; nitrogen, phosphorus and potassium. The micronutrients are boron (B), copper (Cu), iron (Fe), manganese (Mn), molybdenum (Mo), zinc (Zn), and chloride (Cl)……..Read more
ZINC SULPHATE (AGRICULTURE GRADE)
Zinc sulfate is a powder that is colorless and completely water-soluble. The product can be used in different applications, including some connected with maintaining good health. A number of over the counter products contain some level of zinc sulfate, as well as many prescription medications………Read more
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