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Silicon fertilizers are materials that are added to the soil to supply silicon, in the form of silicate minerals, to plants. Silicon is a key plant nutrient and is required for proper growth and development. It helps to improve plant strength and resistance to pests and diseases. Silicon fertilizers are available in various forms, such as granules, powders, and liquids.
Key Trends
There are several key trends in Silicon Fertilizers technology. One is the increasing use of secondary silicon sources, such as rice husks, fly ash, and biogas slurry. This is due to the depletion of primary silicon sources, such as sand. Another trend is the development of nano-silicon fertilizers. These fertilizers are able to provide plants with a higher concentration of silicon, which can lead to increased yields. Additionally, there is a trend towards the use of organic silicon fertilizers. These fertilizers are made from natural materials, such as kelp, and are considered to be more environmentally friendly than synthetic fertilizers.
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Key Drivers
There are a few key drivers of the Silicon Fertilizers market. Firstly, the global population is projected to grow to 8.6 billion by 2030, according to the United Nations. This population growth will lead to increased food demand, which will, in turn, drive up the demand for fertilizers. Secondly, the global economy is projected to grow at a healthy rate over the next few years. This economic growth will lead to increased demand for agricultural products, which will again drive up the demand for fertilizers. Finally, the increased use of precision agriculture is expected to lead to higher yields and lower costs, making fertilizers more affordable and thus increasing their demand.
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Market Segments
The Silicon Fertilizers Market is segmented based on type, form, application, and geography. Based on form, the global silicon fertilizer market is bifurcated into liquid and solid silicon fertilizers. According to type, the silicon fertilizer market is segmented into calcium silicate, potassium silicate, and sodium silicate. By application, the report is classified into field crops, horticultural crops, hydroponics, and floriculture. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Silicon Fertilizers Market report includes players such as Plant Tuff Inc., Maxsil, Redox Pty Ltd., BASF SE, The Mosaic Company, Agripower, Denka Co. Ltd., Aries Agro Ltd., Compass Minerals International, Inc. and Yara International ASA.
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