Humic acids are the water soluble organic acids naturally present in soil organic matter. Humic acids are not a single compound, but rather a collection of different molecular weight compounds with similar characteristics. They are usually defined by the process through which they are isolated, rather than by a particular chemical structure. Humic Acid provides a source of soil building carbon.
Raw materials of humic acids include peat, brown coal, weathered coal and others. Raw material resources are abundant. Also manufacture process is mature in this industry. So, there are many manufactures all over the world. Concentration degree in this industry is low. NTS, Humintech, Humic Growth Solutions, Creative Ideas, Omnia Specialities Australia, Canadian Humalite International, Grow More, Humatech, AMCOL International, HCM Agro and Jiloca Industrial are global major manufacturers.
Humic acids have many applications in agriculture, animal feed, environmental protection or others. Among all uses, humic acids consumption in agriculture is large, which took a share of 78.10% in 2015. In the future, we predict that agriculture demand for humic acids will continue to increase.
Over the next five years, LPI(LP Information) projects that Humic Acid will register a 4.5% CAGR in terms of revenue, reach US$ 1280 million by 2023, from US$ 980 million in 2017.
This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
- NTS
- Humintech
- Humic Growth Solutions
- Creative Ideas
- Omnia Specialities Australia
- Canadian Humalite International
- Grow More
- Humatech
- AMCOL International
- HCM Agro
- Jiloca Industrial
- Xinjiang Double Dragons
- Innovation Humic Acid Technology
- Yongye Group
- Pingxiang Anhua Biotechnology
- Ximeng
- Yutai
- China Green Agriculture
- Xinjiayou
- Inner Mongolia Guangna Humic Acid
- Jiangxi Yuanzhi
- Mengchuan
Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
- North America (United States, Canada and Mexico)
- Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
- Europe (Germany, UK, France, Italy and Russia etc.)
- South America (Brazil, Chile, Peru and Argentina)
- Middle East and Africa (Egypt, South Africa, Saudi Arabia)
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
- Powdered Humic Acid
- Granular Humic Acid
- Other
Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
- Agriculture
- Animal Feed
- Environmental Protection
- Other