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According to the "Global Drip Fertilization and Chemical Irrigation Market Trends and Forecasts to 2020" report, by 2020, the global drip irrigation and chemical irrigation market capacity will reach 42.
2 billion U.
S.
dollars, with a compound growth rate of approximately 6.
3% from 2015 to 2020.
? Market drivers include population growth, increasing food demand, and increasing water scarcity.
However, drip irrigation and chemical irrigation can improve crop yield and quality at the same time.
More and more farmers realize that the benefits of drip irrigation and chemical irrigation are also important factors to promote market development.
The government's promotion of optimal use of agricultural water resources and subsidy policies for the use of drip irrigation and chemical irrigation techniques may promote further market development in the future.
? Drip fertilization and chemical irrigation are popular because they can improve water use efficiency, increase crop yields, and reduce labor costs.
Drip irrigation system dominates the market due to its unique water-saving, high-yield, and prevention of sediment clogging nozzles.
Water-scarce regions and countries with agriculture as the economic base will become the main target markets of the industry.
The rapid growth of the Asia-Pacific market is due to the strong demand for increased crop yields and water conservation.
?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????? ? Major market participants include: American Toro Company, Indian Jain Irrigation System Company, American Lindsay Company, American Valmont Industries Company, Indian EPC Industries Co.
, Ltd.
, American Rain Bird Company, Israel Netafim Company, American Nielsen Irrigation Company, Israel Rivulis Irrigation Company (formerly Plasto Company), American TL Irrigation Company.
2 billion U.
S.
dollars, with a compound growth rate of approximately 6.
3% from 2015 to 2020.
? Market drivers include population growth, increasing food demand, and increasing water scarcity.
However, drip irrigation and chemical irrigation can improve crop yield and quality at the same time.
More and more farmers realize that the benefits of drip irrigation and chemical irrigation are also important factors to promote market development.
The government's promotion of optimal use of agricultural water resources and subsidy policies for the use of drip irrigation and chemical irrigation techniques may promote further market development in the future.
? Drip fertilization and chemical irrigation are popular because they can improve water use efficiency, increase crop yields, and reduce labor costs.
Drip irrigation system dominates the market due to its unique water-saving, high-yield, and prevention of sediment clogging nozzles.
Water-scarce regions and countries with agriculture as the economic base will become the main target markets of the industry.
The rapid growth of the Asia-Pacific market is due to the strong demand for increased crop yields and water conservation.
?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????? ? Major market participants include: American Toro Company, Indian Jain Irrigation System Company, American Lindsay Company, American Valmont Industries Company, Indian EPC Industries Co.
, Ltd.
, American Rain Bird Company, Israel Netafim Company, American Nielsen Irrigation Company, Israel Rivulis Irrigation Company (formerly Plasto Company), American TL Irrigation Company.