Chemical Fertilizers Market

By Type;

Nitrogen Fertilizer, Phosphate Fertilizer and Potash Fertilizer

By Crop Category;

Cereals, Oilseeds, Vegetables, Fruits and Others

By Method Of Application;

Broadcasting, Drop Spreading, Fertigation and Foliar Spray

By Form;

Solid, Liquid and Gaseous

By Product Type;

Complex Fertilizers, DAP, MOP, Urea, SSP and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn843028667 Published Date: August, 2025 Updated Date: September, 2025

Chemical Fertilizers overview

Chemical Fertilizers (USD Million)

Chemical Fertilizers Market was valued at USD 195,638.72 million in the year 2024 . The size of this market is expected to increase to USD 371,645.34 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.6%.


Chemical Fertilizers Market

*Market size in USD million

CAGR 9.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)9.6 %
Market Size (2024)USD 195,638.72 Million
Market Size (2031)USD 371,645.34 Million
Market ConcentrationMedium
Report Pages367
195,638.72
2024
371,645.34
2031

Major Players

  • Syngenta AG
  • ARA International
  • Uralkali
  • Nutrien Ltd.
  • The Mosaic Company
  • K+S Aktiengesellschaft
  • Haifa Group
  • ICL Group Ltd.
  • EuroChem Group
  • OCP Group S.A.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Chemical Fertilizers Market

Fragmented - Highly competitive market without dominant players


The Chemical Fertilizers Market plays a critical role in enhancing crop productivity and plant growth. These fertilizers contain key nutrients such as nitrogen (N), phosphorus (P), and potassium (K), each addressing specific soil deficiencies. They contribute to over 60% of improved crop yields and provide rapid nutrient absorption, offering more predictable outcomes compared to organic alternatives, making them essential for modern farming.

Main Types of Chemical Fertilizers
Chemical fertilizers are categorized into nitrogenous, phosphatic, and potassic types. Nitrogenous fertilizers account for about 50% of total fertilizer consumption, promoting leaf and stem growth. Phosphatic fertilizers represent roughly 30% and support root development and flowering. Potassic fertilizers, although at 20%, are vital for fruit quality, disease resistance, and water retention, ensuring comprehensive plant health.

Key Benefits of Chemical Fertilizers
Using chemical fertilizers results in higher crop yields, consistent growth, and improved nutrient efficiency. Crops treated with these fertilizers often see a 25–35% increase in productivity compared to untreated fields. They also correct nutrient deficiencies quickly, enhancing crop quality and reducing harvest time, which is essential for meeting modern agricultural demands and ensuring food supply stability.

Trends and Innovations in Fertilizer Use
The future of chemical fertilizers lies in controlled-release and nutrient-efficient formulations, which can reduce nutrient losses by up to 40%. Integration with biofertilizers and soil conditioners ensures long-term fertility. These innovations make fertilizers more efficient, eco-friendly, and supportive of global food security, reflecting the ongoing evolution of sustainable agriculture practices.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Crop Category
    3. Market Snapshot, By Method Of Application
    4. Market Snapshot, By Form
    5. Market Snapshot, By Product Type
    6. Market Snapshot, By Region
  4. Chemical Fertilizers Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Population and Food Demand
        2. Government Support and Subsidies
        3. Expansion of Commercial Farming
        4. Globalization of Agriculture
      2. Restraints
        1. Health Concerns and Food Safety
        2. Regulatory Restrictions and Compliance
        3. Limited Access to Finance and Technology
        4. Public Perception and Consumer Preferences
      3. Opportunities
        1. Innovation in Fertilizer Formulations
        2. Digital Agriculture and Precision Farming
        3. Vertical Integration and Value Chain Optimization
        4. Sustainable Agriculture Initiatives
        5. Market Diversification and Product Differentiation
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitve Rivalry
  5. Market Segmentation
    1. Chemical Fertilizers Market, By Type, 2021 - 2031 (USD Million)
      1. Nitrogen Fertilizer
      2. Phosphate Fertilizer
      3. Potash Fertilizer
    2. Chemical Fertilizers Market, By Crop Category, 2021 - 2031 (USD Million)
      1. Cereals
      2. Oilseeds
      3. Vegetables
      4. Fruits
      5. Others
    3. Chemical Fertilizers Market, By Method Of Application, 2021 - 2031 (USD Million)
      1. Broadcasting
      2. Drop Spreading
      3. Fertigation
      4. Foliar Spray
    4. Chemical Fertilizers Market, By Form, 2021 - 2031 (USD Million)
      1. Solid
      2. Liquid
      3. Gaseous
    5. Chemical Fertilizers Market, By Product Type, 2021 - 2031 (USD Million)
      1. Complex Fertilizers
      2. DAP
      3. MOP
      4. Urea
      5. SSP
      6. Others
    6. Chemical Fertilizers, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Syngenta AG
      2. ARA International
      3. Uralkali
      4. Nutrien Ltd.
      5. The Mosaic Company
      6. K+S Aktiengesellschaft
      7. Haifa Group
      8. ICL Group Ltd.
      9. EuroChem Group
      10. OCP Group S.A.
  7. Analyst Views
  8. Future Outlook of the Market