Global Humic Acid Market is estimated to showcase a higher CAGR in the upcoming years. Humic Acid can be defined as a soil supplement that is used for crops. It comprises numerous acids including phonolate as well as carboxylate groups. It is usually derived from dead organic matter. It is considered as a vital organic soil. The manufacturers are anticipated to enhance the soil productivity in order to lessen the crop losses and increase the agricultural outputs. Owing to rising demands from varied sectors, Humic Acid is likely to gain huge traction across the globe.
Growing demand for organic food products, inclinations towards organic farming, economic growth, augmented awareness and increasing affordability among the masses have been recognized as the key factors that are projected to drive the Humic Acid market in the forecast period.
Also, huge population growth, and growing nutritional demand are likely to contribute greatly to the market growth. Moreover, rise in the product usage to offer sufficient nutritional value to the agricultural land for the promotion of the sustainable farming might affect the market growth positively. However, variation in the product quality might impede the market growth in the near future.
The Humic Acid Market could be categorized based on product type, application, and geography.
The prominent product types associated with Humic Acid may entail Granular Humic Acid, and Powdered Humic Acid. Another key area of interest could be of application as Agriculture, Environmental protection, and Industrial. Agriculture segment is likely to account for a sizeable share in the market, the reason being rise in the trend of organic farming, and implementation of government initiatives across the globe.
Geographically, it is anticipated that the Humic Acid Market might show a robust growth in the North American region. The United States and Canada have been recognized as the key contributors to the market growth. The factors that could be attributed to the growth may entail burgeoning demands for organic products, augmented purchasing power and rise in the awareness level among the masses.
On the other hand, Asia Pacific is also likely to come up as a lucrative market in the forthcoming years owing to factors such as rapid development, augmented disposable income, and speedy growth of GDP.
Some of the prominent companies that promote the Humic Acid Market are Humintech, Pingxiang Anhua Biotechnology, NTS, Canadian Humalite International, Grow More, Humatech, Creative Ideas, AMCOL International, Yongye Group, Yutai, Humic Growth Solutions, and others. Also, Jiloca Industrial, Xinjiang Double Dragons, and Innovation Humic Acid Technology have been recognized as the key manufacturers. The leading manufacturers are taking up policies such as partnerships, mergers and acquisitions, and joint ventures to propel the inorganic market growth.The global humic acid market is anticipated to rise at a staggering CAGR in the forthcoming period. Humic acid is derived from natural decay of plant and animal materials and it being an organic acid found in pre-historic period as a natural deposit is mainly formed due to biological humification of plants and animal remains through the biological functions. Humic acids are thus complex molecules with a natural existence in soil, peats and ocean waters. Another source of humic acid is sedimentation layers particularly called as leonardite which are deep in the earth’s crust but have risen up to the earth’s surface.
Commercially, humic acid comprises iron and other essential nutrients suitable for plant growth, indirectly it optimize the plant growth.
Market Drivers and Restraints:
Humic acid market is driven by factors such as rising demand for fumic acid in agriculture and horticulture industry. Also, the product finds extensive use across varied sectors as pollution detoxifiers and as an oxidant reduction reagent. In addition, rise in popularity and farmer’s preference for organic farming with rise in use of organic minerals in ecological remediation and horticulture is likely to add to the market growth in the near future. However, stringent norms by government and delayed approvals due to product quality constraints is likely to affect the market growth in the near future.
It covers Regional Segment Analysis, Type, Appliction, Major Manufactures, Industry Chain Analysis, Competitive Insights and Macroeconomic Analysis.
Global Humic Acid Market: Regional Segment Analysis
North America
Europe
China
Japan
Southeast Asia
India
The Major players reported in the market include:
NTS
Humintech
Humic Growth Solutions
Creative Ideas
Omnia Specialities Australia
Canadian Humalite International
Grow More
Humatech
AMCOL International
...
Global Humic Acid Market: Product Segment Analysis
Powdered Humic Acid
Granular Humic Acid
Others
Global Humic Acid Market: Application Segment Analysis
Agriculture
Animal Feed
Others
You will find following details in this report:
In the Global Humic Acid Industry Market Analysis & Forecast 2018-2023, the revenue is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023. The production is estimated at XX million in 2017 and is forecasted to reach XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023.
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Table of Contents
Global Humic Acid Industry Market Analysis & Forecast 2018-2023
Chapter 1 Humic Acid Market Overview
1.1 Product Overview and Scope of Humic Acid
1.2 Humic Acid Market Segmentation by Type in 2016
1.2.1 Global Production Market Share of Humic Acid by Type in 2016
1.2.1 Powdered Humic Acid
1.2.2 Granular Humic Acid
1.2.3 Others
1.3 Humic Acid Market Segmentation by Application in 2016
1.3.1 Humic Acid Consumption Market Share by Application in 2016
1.3.2 Agriculture
1.3.3 Animal Feed
1.3.4 Others
1.4 Humic Acid Market Segmentation by Regions
1.4.1 North America
1.4.2 China
1.4.3 Europe
1.4.4 Southeast Asia
1.4.5 Japan
1.4.6 India
1.5 Global Market Size (Value) of Humic Acid (2013-2023)
1.5.1 Global Product Sales and Growth Rate (2013-2023)
1.5.2 Global Product Revenue and Growth Rate (2013-2023)
Chapter 2 Global Economic Impact on Humic Acid Industry
2.1 Global Macroeconomic Environment Analysis
2.1.1 Global Macroeconomic Analysis
2.1.2 Global Macroeconomic Environment Development Trend
2.2 Global Macroeconomic Environment Analysis by Regions
Chapter 3 Global Humic Acid Market Competition by Manufacturers
3.1 Global Humic Acid Production and Share by Manufacturers (2016 and 2017)
3.2 Global Humic Acid Revenue and Share by Manufacturers (2016 and 2017)
3.3 Global Humic Acid Average Price by Manufacturers (2016 and 2017)
3.4 Manufacturers Humic Acid Manufacturing Base Distribution, Production Area and Product Type
3.5 Humic Acid Market Competitive Situation and Trends
3.5.1 Humic Acid Market Concentration Rate
3.5.2 Humic Acid Market Share of Top 3 and Top 5 Manufacturers
3.5.3 Mergers & Acquisitions, Expansion
Chapter 4 Global Humic Acid Production, Revenue (Value) by Region (2013-2018)
4.1 Global Humic Acid Production by Region (2013-2018)
4.2 Global Humic Acid Production Market Share by Region (2013-2018)
4.3 Global Humic Acid Revenue (Value) and Market Share by Region (2013-2018)
4.4 Global Humic Acid Production, Revenue, Price and Gross Margin (2013-2018)
4.5 North America Humic Acid Production, Revenue, Price and Gross Margin (2013-2018)
4.5.1 North AmericaHumic AcidProduction and Market Share by Manufacturers
4.5.2 North AmericaHumic AcidProduction and Market Share by Type
4.5.3 North AmericaHumic AcidProduction and Market Share by Application
4.6 Europe Humic Acid Production, Revenue, Price and Gross Margin (2013-2018)
4.6.1 EuropeHumic AcidProduction and Market Share by Manufacturers
4.6.2 Europe Humic Acid Production and Market Share by Type
4.6.3 Europe Humic Acid Production and Market Share by Application
4.7 China Humic Acid Production, Revenue, Price and Gross Margin (2013-2018)
4.7.1 ChinaHumic AcidProduction and Market Share by Manufacturers
4.7.2 China Humic Acid Production and Market Share by Type
4.7.3 China Humic Acid Production and Market Share by Application
4.8 Japan Humic Acid Production, Revenue, Price and Gross Margin (2013-2018)
4.8.1 Japan Humic Acid Production and Market Share by Manufacturers
4.8.2 Japan Humic Acid Production and Market Share by Type
4.8.3 Japan Humic Acid Production and Market Share by Application
4.9 Southeast Asia Humic Acid Production, Revenue, Price and Gross Margin (2013-2018)
4.9.1 Southeast Asia Humic Acid Production and Market Share by Manufacturers
4.9.2 Southeast Asia Humic Acid Production and Market Share by Type
4.9.3 Southeast Asia Humic Acid Production and Market Share by Application
4.10 India Humic Acid Production, Revenue, Price and Gross Margin (2013-2018)
4.10.1 India Humic Acid Production and Market Share by Manufacturers
4.10.2 India Humic Acid Production and Market Share by Type
4.10.3 India Humic Acid Production and Market Share by Application
Chapter 5 Global Humic Acid Supply (Production), Consumption, Export, Import by Regions (2013-2018)
5.1 Global Humic Acid Consumption by Regions (2013-2018)
5.2 North America Humic Acid Production, Consumption, Export, Import by Regions (2013-2018)
5.3 Europe Humic Acid Production, Consumption, Export, Import by Regions (2013-2018)
5.4 China Humic Acid Production, Consumption, Export, Import by Regions (2013-2018)
5.5 Japan Humic Acid Production, Consumption, Export, Import by Regions (2013-2018)
5.6 Southeast Asia Humic Acid Production, Consumption, Export, Import by Regions (2013-2018)
5.7 India Humic Acid Production, Consumption, Export, Import by Regions (2013-2018)
Chapter 6 Global Humic Acid Production, Revenue (Value), Price Trend by Type
6.1 Global Humic Acid Production and Market Share by Type (2013-2018)
6.2 Global Humic Acid Revenue and Market Share by Type (2013-2018)
6.3 Global Humic Acid Price by Type (2013-2018)
6.4 Global Humic Acid Production Growth by Type (2013-2018)
Chapter 7 Global Humic Acid Market Analysis by Application
7.1 Global Humic Acid Consumption and Market Share by Application (2013-2018)
7.2 Global Humic Acid Revenue and Market Share by Type (2013-2018)
7.3 Global Humic Acid Consumption Growth Rate by Application (2013-2018)
7.4 Market Drivers and Opportunities
7.4.1 Potential Applications
7.4.2 Emerging Markets/Countries
Chapter 8 Global Humic Acid Manufacturers Analysis
8.1 NTS
8.1.1 Company Basic Information, Manufacturing Base and Competitors
8.1.2 Product Type, Application and Specification
8.1.3 Production, Revenue, Price and Gross Margin (2013-2018)
8.1.4 Business Overview
8.2 Humintech
8.2.1 Company Basic Information, Manufacturing Base and Competitors
8.2.2 Product Type, Application and Specification
8.2.3 Production, Revenue, Price and Gross Margin (2013-2018)
8.2.4 Business Overview
8.3 Humic Growth Solutions
8.3.1 Company Basic Information, Manufacturing Base and Competitors
8.3.2 Product Type, Application and Specification
8.3.3 Production, Revenue, Price and Gross Margin (2013-2018)
8.3.4 Business Overview
8.4 Creative Ideas
8.4.1 Company Basic Information, Manufacturing Base and Competitors
8.4.2 Product Type, Application and Specification
8.4.3 Production, Revenue, Price and Gross Margin (2013-2018)
8.4.4 Business Overview
8.5 Omnia Specialities Australia
8.5.1 Company Basic Information, Manufacturing Base and Competitors
8.5.2 Product Type, Application and Specification
8.5.3 Production, Revenue, Price and Gross Margin (2013-2018)
8.5.4 Business Overview
8.6 Canadian Humalite International
8.6.1 Company Basic Information, Manufacturing Base and Competitors
8.6.2 Product Type, Application and Specification
8.6.3 Production, Revenue, Price and Gross Margin (2013-2018)
8.6.4 Business Overview
8.7 Grow More
8.7.1 Company Basic Information, Manufacturing Base and Competitors
8.7.2 Product Type, Application and Specification
8.7.3 Production, Revenue, Price and Gross Margin (2013-2018)
8.7.4 Business Overview
8.8 Humatech
8.8.1 Company Basic Information, Manufacturing Base and Competitors
8.8.2 Product Type, Application and Specification
8.8.3 Production, Revenue, Price and Gross Margin (2013-2018)
8.8.4 Business Overview
8.9 AMCOL International
8.9.1 Company Basic Information, Manufacturing Base and Competitors
8.9.2 Product Type, Application and Specification
8.9.3 Production, Revenue, Price and Gross Margin (2013-2018)
8.9.4 Business Overview
…
Chapter 9 Humic Acid Manufacturing Cost Analysis
9.1 Humic Acid Key Raw Materials Analysis
9.1.1 Key Raw Materials
9.1.2 Price Trend of Key Raw Materials
9.1.3 Key Suppliers of Raw Materials
9.1.4 Market Concentration Rate of Raw Materials
9.2 Proportion of Manufacturing Cost Structure
9.2.1 Raw Materials
9.2.2 Labor Cost
9.2.3 Manufacturing Expenses
9.3 Manufacturing Process Analysis of Humic Acid
Chapter 10 Industrial Chain, Sourcing Strategy and Downstream Buyers
10.1 Humic Acid Industrial Chain Analysis
10.2 Upstream Raw Materials Sourcing
10.3 Raw Materials Sources of Humic Acid Major Manufacturers in 2016
10.4 Downstream Buyers
Chapter 11 Marketing Strategy Analysis, Distributors/Traders
11.1 Marketing Channel
11.1.1 Direct Marketing
11.1.2 Indirect Marketing
11.1.3 Marketing Channel Development Trend
11.2 Market Positioning
11.2.1 Pricing Strategy
11.2.2 Brand Strategy
11.2.3 Target Client
11.3 Distributors/Traders List
Chapter 12 Market Effect Factors Analysis
12.1 Technology Progress/Risk
12.1.1 Substitutes Threat
12.1.2 Technology Progress in Related Industry
12.2 Consumer Needs/Customer Preference Change
12.3 Economic/Political Environmental Change
Chapter 13 Global Humic Acid Market Forecast (2018-2023)
13.1 Global Humic Acid Production, Revenue Forecast (2018-2023)
13.2 Global Humic Acid Production, Consumption Forecast by Regions (2018-2023)
13.3 Global Humic Acid Production Forecast by Type (2018-2023)
13.4 Global Humic Acid Consumption Forecast by Application (2018-2023)
13.5 Humic Acid Price Forecast (2018-2023)
Chapter 14 Appendix