Publication Month: Oct 2020 |
Report Code: TIPRE00005669
| No. of Pages:
| Category: Food and Beverages
| Status: Published
No. of Pages 148
Silicon is the second most abundant element in the earth's crust after oxygen. Naturally, silicon occurs as silicates and oxides and is exploited as a fertilizer offering resistance to several plant diseases. Silicon fertilizer plays a vital role in plant growth, mechanical strength, mineral nutrition, and resistance to fungal diseases. It also helps develop plant roots, decrease abiotic stress, and prevent stalk lodging, which promotes upright growth of the field and horticultural crops.The global silicon fertilizer market in North America is expected to grow at the highest CAGR of 4.5% during 2020–2027.
The COVID-19 pandemic was first reportedin Wuhan, China,in December 2019.As of October 2020, the US, Russia, India, China, Italy, France, and Germany are amongthe worst-affected countries in terms of the positive cases and reported deaths. According to the WHO figures updated in October 2020, ~44.5 Mn confirmed cases and ~1.17 Mn deaths have been reported globally.The outbreak has affected economies and industries due to lockdowns, travel bans, and business shutdowns. Food &beveragesis one the world’smajor industries suffering serious disruptions in the form of supply chain breaks, technology events cancellations, and office shutdowns.Although China is the global manufacturing hub and the largest raw material supplier for various industriesin the world,it is also one of the worst
Silicon fertilizers help resist insects, diseases, and unfavorable climatic conditions.Moreover, they enhance chemical and physical properties of soil as well as maintain nutrients in plants. Silicon helps prevent or reduce attacks of several insects including Pyrilla, Wooly Aphids, and Stem borer. Silicon also reduces infection of diseases, such as Ring spot, Rust, and Leaf freckling. Use of silicon aids in strengthening cell walls, thereby making leaves hard and stiff. Sucking insects find it difficult to penetrate their trunk in the leaf and their mandibles can get injured. Thus, silicon reduces attacks of many insects. Also, the leaf's hard surface does not allow easy germination of spores of many diseases and prevents the diseases mentioned above.
Based on type, thesilicon fertilizer market isfurtherbifurcatedinto synthetic and natural.The synthetic segment accounted for alargershare of the market in 2019.Synthetic silicon fertilizers are artificial fertilizers and contain chemicals and inorganic substances. They immediately supply essential nutrients to soil. Synthetic fertilizers are known as fast acting fertilizers and can be taken up by plants immediately. Synthetic silicon fertilizers are highly watersoluble and can leach into waterways. Synthetic silicon fertilizers must be reapplied regularly to keep the results from fading.
Based on application, thesiliconfertilizermarketissegmented intofield crops, horticultural crops, hydroponics, and floriculture. The field crops segment accounted for the largest share ofthe market in 2019. On a global scale, field crop yields and fertilizer silicon consumption have increased widely during the past four decades and are positively correlated with one another. However, substantial differences exist in historical trends of silicon fertilizer usage among regions and crops. The reasons for the differences need to be understood to estimate the future of silicon fertilizer requirements. Silicon helps in limiting the effects of biotic and abiotic stresses in field crops.
The List of Companies - Global Silicon Fertilizer Market