Fertilizer Catalyst Market to Reach $4.2 Billion, Globally, by 2033 at 3.4% CAGR: Allied Market Research [Yahoo! Finance]
CLARIANT AG UNSP/ADR (CLZNY)
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Source: Yahoo! Finance
As the agricultural sector faces increasing pressure to maximize crop yields and meet food security challenges, farmers and agribusinesses are relying more on fertilizers to improve soil fertility and plant growth. In addition, rise in adoption of ammonia-based fertilizers such as urea and ammonium nitrate is further fueling the demand for catalysts used in ammonia synthesis. WILMINGTON, Del. April 11, 2025 /PRNewswire/ -- Allied Market Research published a report, titled, "Fertilizer Catalyst Market by Fertilizer Type (Nitrogen-based Fertilizers, Phosphate-based Fertilizers, and Potash-based Fertilizers), and Product Type (Iron-based Catalyst, Platinum-based Catalyst, Rhodium-based Catalyst, Vanadium-based Catalysts, and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033". According to the report, the ' fertilizer catalyst market ' was valued at $3.0 billion in 2023, and is estimated to reach $4.2 billion by 2033, growing at a CAGR of 3.4% from 2024 to 2033. Do
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