Top Challenges of Fertilizer Industry in 2020-Naq Global (1)

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Top Challenges of Fertilizer Industry in 2020-Naq
Global
Bio-Link https//naqglobal.blogspot.com/2020/02
/top-challenges-of-fertilizer-industry-in-2020-Naq
Global.html
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 Top Challenges of Fertilizer Industry in 2020
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Indian fertilizers speculate to experience good
growth because of the constant increase in
population leading rise in demand for food. India
being a leading producer of agricultural products
has a high demand for fertilizers too. However,
manufacturers continue to witness so major
challenges in 2020. Some of them are given below
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1. Lack of Efficient Domestic Production India
is a giant agricultural hub in the world and the
majority of the population works in the
agricultural sector. The produce largely depends
on the fertilizers. India imports a lot of
fertilizers because of the limited availability
in the nation. The water-soluble fertilizers are
speculated to grow at the maximum rate in the
fertilizer industry. And the only 1/4th of the
demand of water-soluble fertilizers is met via
domestic production in the nation. Even with the
advancement in technology, the country lacks to
produce fertilizer coating material and proper
fertilizers. The fertilizer manufacturers are
mapping down the lower the imports and to
increase the production and narrow the difference.
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2. Low Production Because of The Wrong Use of
NPK The use of NPK (nitrogen, phosphorus, and
potassium) isnt done in the right way. Plants
need at least 17 components for proper
development. The government motivates organic
farming. Even steps are being taken for compound
composts. The use of NPK is 421, but in Punjab,
farmers use it 61191. As urea is readily
available to farmers so they use it irregularly
leading to falling in yield. So, the biggest
challenge faced by the fertilizer industry is the
overuse of fertilizers. It is important to
increase the organic element of the soil via
natural farming and use chemical fertilizers only
in the required quantity. Thus, it is important
to know the usage pattern of every fertilizer and
use it only in the quantity which is suggested.
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3. Availability and Pricing The Indian
fertilizer industry has some serious issues
because of the lack of availability and varied
prices of the raw material needed to produce
fertilizers. The major reason for price
fluctuation in fertilizers is the supply-demand
aspect. India lacks the natural resources needed
to produce fertilizers. When talking about urea,
there isnt sufficient natural gas present in the
nation. Filter Aid Suppliers In India uses
intelligent production techniques to produce
fertilizers. It uses real-time, pro-active info
and produces fertilizers in the best possible
manner.
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4. There arent Any Long Term and Stable
Policies As it is seen that the Indian
government still ignores the problems and
challenged which the fertilizer industry in the
nation faces and fails to set proper standards.
The import duty on the materials imported and
finished items are the same. Also, there isnt
any mandatory certification in the fertilizer
industry. With the right standards and policies,
the fertilizer industry will get the
much-deserved boost it needs. The domestic
certifications will add to the production, sale,
and import.
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5. Distributors and Sellers are The Major
Influencers in The Fertilizer Market The
demand for specialty fertilizers is rising at a
very quick pace. Distributors have a big role in
the sale of water-soluble fertilizers. The
aggregate sales of different grades of
water-soluble fertilizer are rising at great
speed yet some Indian companies dont see that
rise in their sale. Well, it is important to
survey the different grades of fertilizers to
know about their demand. It is also important to
analyze the customers' usage cycle and then
generate a solution accordingly. So with so many
challenges to face in the year 2020, the
fertilizer industry continues to struggle and get
firmly established. However, there has been
immense growth and it will continue to flourish
in the coming time.
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THANK-YOU
Source
https//naqglobal.blogspot.com/2020/02/top-challen
ges-of-fertilizer-industry-in-2020-NaqGlobal.html