Humic Acid Market 2024 : Current and Future Growth Analysis | 2031

Alisa Watson
6 min readMar 11, 2024

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Introduction:

“Humic Acid Market” Insights Report 2024 | Spread Across 108 Pages Report which provides an in-depth analysis Based on Regions, Applications (Fertilizer, Oilfield Chemicals, Industrial Application, Others), and Types (Powdered Humic Acid, Granular Humic Acid, Others). The report presents the research and analysis provided within the Humic Acid Market Research is meant to benefit stakeholders, vendors, and other participants in the industry. The Humic Acid market is expected to grow annually by magnificent (CAGR 2024–2031).

Who is the largest manufacturers of Humic Acid Market worldwide?

  • Humic Growth Solutions
  • Grow More, Inc
  • Xinjiang Double Dragons
  • Shandong Jingfeng Humic Acid Technology
  • Ningxia Tianxinyuan Biotechnology
  • Minerals Technologies Inc
  • Humatech
  • Inner Mongolia Guangna Humic Acid
  • Agro Link
  • Xinjiang Shengdayifang Biotechnology
  • Jiangxi Pingxiang Anhua Biotechnology
  • Omnia Specialities Australia
  • Humintech
  • Black Earth Humic
  • NTS
  • Chuangxin Humic Acid
  • Jiloca Industrial

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Short Description About Humic Acid Market:

The Global Humic Acid market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

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.

Highlights

The global Humic Acid market is projected to reach USD 793.6 million by 2031 from an estimated USD 660.4 million in 2023, at a CAGR of 3.1Percent during 2024 and 2031.

Global main manufacturers of humic acid include Humic Growth Solutions, Grow More, Inc, Xinjiang Double Dragons, Shandong Jingfeng Humic Acid Technology and Ningxia Tianxinyuan Biotechnology, etc. The top five players hold a share about 15Percent. China is the largest market, has a share about 43Percent, followed by North America and Europe, with share 28Percent and 9Percent, separately.

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What are the factors driving the growth of the Humic Acid Market?

Growing demand for below applications around the world has had a direct impact on the growth of the Humic Acid

  • Fertilizer
  • Oilfield Chemicals
  • Industrial Application
  • Others

What are the types of Humic Acid available in the Market?

Based on Product Types the Market is categorized into Below types that held the largest Humic Acid market share In 2024.

  • Powdered Humic Acid
  • Granular Humic Acid
  • Others

Which regions are leading the Humic Acid Market?

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
  • South America (Brazil, Argentina, Columbia etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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This Humic Acid Market Research/Analysis Report Contains Answers to your following Questions

  • What are the global trends in the Humic Acid market? Would the market witness an increase or decline in the demand in the coming years?
  • What is the estimated demand for different types of products in Humic Acid? What are the upcoming industry applications and trends for Humic Acid market?
  • What Are Projections of Global Humic Acid Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
  • Where will the strategic developments take the industry in the mid to long-term?
  • What are the factors contributing to the final price of Humic Acid? What are the raw materials used for Humic Acid manufacturing?
  • How big is the opportunity for the Humic Acid market? How will the increasing adoption of Humic Acid for mining impact the growth rate of the overall market?
  • How much is the global Humic Acid market worth? What was the value of the market In 2020?
  • Who are the major players operating in the Humic Acid market? Which companies are the front runners?
  • Which are the recent industry trends that can be implemented to generate additional revenue streams?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Humic Acid Industry?

Humic Acid Market — Covid-19 Impact and Recovery Analysis:

We were monitoring the direct impact of covid-19 in this market, further to the indirect impact from different industries. This document analyzes the effect of the pandemic on the Humic Acid market from a international and nearby angle. The document outlines the marketplace size, marketplace traits, and market increase for Humic Acid industry, categorised with the aid of using kind, utility, and patron sector. Further, it provides a complete evaluation of additives concerned in marketplace improvement in advance than and after the covid-19 pandemic. Report moreover done a pestel evaluation within the business enterprise to study key influencers and boundaries to entry.

Our studies analysts will assist you to get custom designed info to your report, which may be changed in phrases of a particular region, utility or any statistical info. In addition, we’re constantly inclined to conform with the study, which triangulated together along with your very own statistics to make the marketplace studies extra complete for your perspective.

Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this Humic Acid Industry.

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Detailed TOC of Global Humic Acid Market Research Report, 2024–2031

1 Market Overview
1.1 Product Overview and Scope of Humic Acid
1.2 Classification of Humic Acid by Type
1.2.1 Overview: Global Humic Acid Market Size by Type: 2017 Versus 2021 Versus 2031
1.2.2 Global Humic Acid Revenue Market Share by Type in 2021
1.3 Global Humic Acid Market by Application
1.3.1 Overview: Global Humic Acid Market Size by Application: 2017 Versus 2021 Versus 2031
1.4 Global Humic Acid Market Size and Forecast
1.5 Global Humic Acid Market Size and Forecast by Region
1.6 Market Drivers, Restraints and Trends
1.6.1 Humic Acid Market Drivers
1.6.2 Humic Acid Market Restraints
1.6.3 Humic Acid Trends Analysis

2 Company Profiles
2.1 Company
2.1.1 Company Details
2.1.2 Company Major Business
2.1.3 Company Humic Acid Product and Solutions
2.1.4 Company Humic Acid Revenue, Gross Margin and Market Share (2019, 2020, 2021 and 2024)
2.1.5 Company Recent Developments and Future Plans

3 Market Competition, by Players
3.1 Global Humic Acid Revenue and Share by Players (2019,2020,2021, and 2024)
3.2 Market Concentration Rate
3.2.1 Top3 Humic Acid Players Market Share in 2021
3.2.2 Top 10 Humic Acid Players Market Share in 2021
3.2.3 Market Competition Trend
3.3 Humic Acid Players Head Office, Products and Services Provided
3.4 Humic Acid Mergers and Acquisitions
3.5 Humic Acid New Entrants and Expansion Plans

4 Market Size Segment by Type
4.1 Global Humic Acid Revenue and Market Share by Type (2017–2024)
4.2 Global Humic Acid Market Forecast by Type (2024–2031)

5 Market Size Segment by Application
5.1 Global Humic Acid Revenue Market Share by Application (2017–2024)
5.2 Global Humic Acid Market Forecast by Application (2024–2031)

6 Regions by Country, by Type, and by Application
6.1 Humic Acid Revenue by Type (2017–2031)
6.2 Humic Acid Revenue by Application (2017–2031)
6.3 Humic Acid Market Size by Country
6.3.1 Humic Acid Revenue by Country (2017–2031)
6.3.2 United States Humic Acid Market Size and Forecast (2017–2031)
6.3.3 Canada Humic Acid Market Size and Forecast (2017–2031)
6.3.4 Mexico Humic Acid Market Size and Forecast (2017–2031)

7 Research Findings and Conclusion

8 Appendix
8.1 Methodology
8.2 Research Process and Data Source
8.3 Disclaimer

9 Research Methodology

10 Conclusion

Continued….

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