
In short: By market capitalisation, Nutrien leads the fertilizer sector, followed by Wesfarmers, CF Industries and The Mosaic Company. The global fertilizer market reached 163 billion US dollars in 2021 according to the IMARC Group. Nutrien was founded in 2018 in Canada, while CF Industries has produced nitrogen and phosphate fertilizers since 1946.
| Global fertilizer market value (2021) | 163 billion US dollars (IMARC Group) |
|---|---|
| Nutrien | Founded 2018, Canada – potassium, nitrogen and phosphate segments |
| CF Industries | Founded 1946, USA – nitrogen and phosphate fertilizers with urea, nitrate and ammonium |
| Haifa | On the market since 1966, Israel – controlled-release fertilizers (CRF), potassium nitrates |
| Israel Chemicals (ICL) | Producing since 1968, Israel – phosphate, phosphoric acid and multi-nutrient fertilizers |
| Outlook period covered | 2022 to 2027 |
The results of the top fertilizer companies for last year are in, and we're happy to present them to you now. Since fertilizing is a fundamental step in successful cultivation, this information shouldn't be underestimated. Let's take a look together at which companies are involved.
Current Innovations in the Fertilizer Industry
The global fertilizer market continues to develop and is working with its products to minimize the impact and burden on the environment. Interest in fertilizers is also rising - last year, in 2021, its value reached as much as 163 billion US dollars. This information comes from an analysis by the IMARC Group. The key development in the fertilizer industry is, in particular, the introduction of large-capacity ammonia production at the natural gas source. Ammonia is a chemical compound of ammonia. It is responsible for the cyanamide process, in which calcium is bound to nitrogen. These innovations lower temperature requirements, increase the purity of the fertilizer's composition, and strengthen its effect. The resistance of fertilizers to global fluctuations is also improving.
Top Fertilizer Companies in 2022
Every good grower knows that nowadays it's above all the right, high-quality fertilizer that guarantees a high yield. It's no longer enough to simply water and trim plants regularly. Our soil bears the mark of chemical fumes from the oversized world of industry. That's why it's important to choose a fertilizer that is resistant to these influences and reaches all the way to the plant's roots, where it delivers the necessary nutrients. The global site Statista offers an overview of the chemical industry and fertilizers.
There are various types of fertilizers
According to their market capitalization data, these companies produce the best fertilizers in 2022:
- Nutrien
- Wesfarmers
- CF Industries
- The Mosaic Company
- Saudi Arabian Fertilizer Company
- Israel Chemicals
- OCI
- Coromandel
Comparison of Manufacturers of Different Types of Fertilizers
Based on revenue and demand data from various fertilizer brands, it has been concluded that in the coming years, from 2022 to 2027, these fertilizer companies will be the most successful:
Nutrien Limited
Besides the right fertilizer, other cultivation methods are also important
CF Industries
The company already looks back on several years of producing high-quality fertilizers. It was founded back in the last century, in 1946. Its place of origin is the United States. CI Industries produces phosphate and nitrogen fertilizers with urea, nitrate, and ammonium content. The company distributes its products worldwide, and its warehouses are also located in Canada and North America.
Haifa
Indian Farmers Fertilizer Co-operative Limited (IFFCO)
Israel Chemicals Ltd. (ICL)
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