DecisionDatabases.com announces a new report “2018-2023 Global Humic Acid Consumption Market Report” added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Humic acids are the water soluble organic acids naturally present in soil organic matter. Humic acids are not a single compound, but rather a collection of different molecular weight compounds with similar characteristics. They are usually defined by the process through which they are isolated, rather than by a particular chemical structure. Humic Acid provides a source of soil building carbon.
Raw materials of humic acids include peat, brown coal, weathered coal and others. Raw material resources are abundant. Also manufacture process is mature in this industry. So, there are many manufactures all over the world. Concentration degree in this industry is low. NTS, Humintech, Humic Growth Solutions, Creative Ideas, Omnia Specialities Australia, Canadian Humalite International, Grow More, Humatech, AMCOL International, HCM Agro and Jiloca Industrial are global major manufacturers.
Humic acids have many applications in agriculture, animal feed, environmental protection or others. Among all uses, humic acids consumption in agriculture is large, which took a share of 78.10% in 2015. In the future, we predict that agriculture demand for humic acids will continue to increase.
Over the next five years, LPI(LP Information) projects that Humic Acid will register a 4.5% CAGR in terms of revenue, reach US$ 1280 million by 2023, from US$ 980 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Humic Acid market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Powdered Humic Acid
Granular Humic Acid
Other
Segmentation by application:
Agriculture
Animal Feed
Environmental Protection
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
NTS
Humintech
Humic Growth Solutions
Creative Ideas
Omnia Specialities Australia
Canadian Humalite International
Grow More
Humatech
AMCOL International
HCM Agro
Jiloca Industrial
Xinjiang Double Dragons
Innovation Humic Acid Technology
Yongye Group
Pingxiang Anhua Biotechnology
Ximeng
Yutai
China Green Agriculture
Xinjiayou
Inner Mongolia Guangna Humic Acid
Jiangxi Yuanzhi
Mengchuan
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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Humic Acid consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Humic Acid market by identifying its various subsegments.
Focuses on the key global Humic Acid manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Humic Acid with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Humic Acid submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents – Snapshot
1 Scope of the Report
2 Executive Summary
3 Global Humic Acid by Players
4 Humic Acid by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Marketing, Distributors and Customer
11 Global Humic Acid Market Forecast
12 Key Players Analysis
13 Research Findings and Conclusion
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