The global ammonium sulfate market size is expected to reach USD 5.04 billion by 2030, as per the new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.0% from 2024 to 2030. The advancement in agriculture technology would drive the demand for fertilizers, which would indirectly result in the growing demand for ammonium sulfate. Ammonium sulfate is an inorganic water...

The global biochar market size is expected to reach USD 1350 million by 2030, registering a CAGR of 13.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. Globally increasing demand for the product in organic farming has been a major factor influencing the growth. In addition, increasing consumption in livestock feed and awareness pertaining to benefits of biochar as...

The global biostimulants market size is expected to reach USD 4.6 billion by 2030, as per the new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.4% from 2023 to 2030. This is attributable to surging consumption of the product in several end-use applications such as foliar, seed, and soil treatment. Foliar treatment held the largest market share in the global...

The global biochar market was valued at USD 541.8 million in 2023 and is projected to experience robust growth, with an anticipated compound annual growth rate (CAGR) of 13.9% from 2024 to 2030. The key drivers of this market expansion include the increasing adoption of biochar in the production of organic food and its proven ability to improve soil fertility and promote plant growth....

The global fertilizers market size is anticipated to grow from USD 230.10 billion in 2025 to USD 281.56 billion by 2030, at a CAGR of 4.1% during the forecast period. Fertilizers play a vital role in modern agriculture by enhancing soil fertility and boosting crop productivity, addressing the rising global food demand. As the global population is expected to reach 10 billion by 2050, the need...

The global nitric acid market size is expected to reach USD 35.9 billion by 2030, registering a CAGR of 2.4% from 2023 to 2030, as per the new report by Grand View Research, Inc. The growth is attributed to the rising demand for fertilizers by the agrarian economies of the world. The surge in the demand for fertilizers is witnessed by the excessive rise in demand for food. Fertilizer...

Lubricants Industry Overview The global lubricants market was valued at USD 139.44 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 3.8% from 2024 to 2030. This growth is largely driven by the increasing demand for automotive oils and greases, which are essential due to the expanding trade of vehicles and spare parts worldwide. Lubricants play a critical role...

The global agricultural landscape is undergoing a transformation, driven by the need for sustainable farming practices. One such innovation leading this charge is the Mycorrhizae-Based Biofertilizers Market. Valued at USD 573.5 million in 2023, the market is poised to surpass USD 1,774.8 million by 2030, growing at a robust CAGR of 17.5% from 2024 to 2030. But why the sudden interest in...

The global nitric acid market size was valued at USD 29.8 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 2.4% from 2023 to 2030.  The growth for the product is expected to be driven by increasing demand for the product from fertilizers formulators and by rising consumption of fertilizers in agrarian economies of the world. Growing demand for...