SPECIALTY FERTILIZERS: ADOPTION OF PRECISION FARMING DRIVING THE GROWTH

 Specialty Fertilizers have small particles that help to prevent moisture and support from discharging the nutrients into the crops, which helps in the optimistic growth of the crop.

The specialty fertilizers' primary focus is nitrogen, phosphorus, and potassium, applied in generally enormous sums. There are 12 fundamental manure supplements needed to expand crop yield and quality and improve a harvest's capacity to utilize the essential supplements productively. Numerous forte items contain a portion of the auxiliary supplements and micronutrients. Even though these are needed in moderately more modest amounts, they are fundamental for adjusted harvest nourishment, and expanding the pace of essential supplements alone won't build yield.

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The future of specialty fertilizers in GCC

There remains a significant potential opportunity for GPCA members to increase their participation in this growing business of specialty fertilizers. Many GCC countries seek to increase crop production, including high-value crops, to cater to the region's growing and increasingly sophisticated food demands.

This comes with obvious challenges, but when water resources are relatively scarce, specialty fertilizers are essential. Besides, on the supply side, the region is already one of the most important for the production of nitrogen and phosphate raw materials. Many of the region's chemical companies are seeking to add value by moving into more specialized and diversified chemistry production. What distinguishes the specialty from commodity fertilizer businesses are the higher barriers to entry. To produce more sophisticated products, greater technical knowhow is required for the processes that coat commodity products or produce stabilizers, solubles, and higher value micronutrients. This knowhow can be acquired through research and development or by licensing existing technology. Some GCC members already have programs following these routes.

GCC-based companies should not see the barriers to entry as insurmountable. In recent years the traditional market leaders in the specialties business based primarily in North America and Europe have been joined by fast-growing and innovative companies from China. For example, Chinese company Kingenta has quickly established itself as a leading supplier of slow and controlled release products and other specialties.

As the demand for specialty fertilizers in the GCC region continues to increase faster than commodity products, the region's production of specialty products should also be rising in line.

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