Analysis Report on Market Share of Furui Xue Chemical Fertilizer Anti-caking Agent
Date of issue: 2024-10-12 Number of Views: 185
First, the national compound fertilizer market overview
According to the statistical data of 2023, the total output of compound fertilizers in the country has reached a new high point, exceeding 50 million tons.
In terms of regional distribution, the production of compound fertilizer in the eastern coastal and central regions occupies the main share of the country. These areas have a relatively developed industrial base and perfect logistics system, so that fertilizer manufacturers can quickly respond to market demand, timely adjustment of production strategies. Although the western region is rich in natural resources, due to the relatively weak transportation and industrial base, the output of compound fertilizer is relatively small. With the in-depth implementation of the national western development strategy, the compound fertilizer industry in the region has also shown a gradual upward trend.
Second, chemical fertilizer anti-caking agent market analysis
As an important auxiliary material to ensure the quality and efficiency of fertilizer, the market demand of chemical fertilizer anti-caking agent is closely related to the production and use of compound fertilizer. According to industry practices, each ton of compound fertilizer needs to add about 6 kilograms of fertilizer anti-caking agents during the production process to prevent caking due to moisture absorption or chemical reactions during storage and transportation. Based on the total output of compound fertilizer in 2023, excluding about 20% of the fertilizer varieties that do not use or add a small amount of anti-caking agent, it can be calculated that the potential demand of chemical fertilizer anti-caking agent is about 240,000 tons.
In terms of market competition, the market of chemical fertilizer anti-caking agent shows sufficient competitive characteristics. A total of 264 small and medium-sized micro chemical fertilizer anti-caking agent enterprises on the market. These enterprises compete fiercely in product quality, technological innovation, price strategy and service. Slightly larger enterprises usually occupy a higher market share by virtue of their scale advantages and brand influence, while small and medium-sized enterprises seek to survive and develop through flexible market strategies and cost control. Overall, the fertilizer anti-caking agent market is highly competitive, but it is also full of opportunities.
III. Market position of Furuixue fertilizer anti-caking agent
Anhui Furuixue Chemical Technology Co., Ltd. started in Beijing in 2006, specializing in the research and development, production and sales of chemical fertilizer anti-caking agents, and its production capacity and technical strength in the field of chemical fertilizer anti-caking agents are in the leading position in the industry. The company has advanced production lines and a research and development team composed of 14 chemical experts, committed to the research and development and innovation of chemical fertilizer anti-caking agents. Furuixue's product line covers a variety of anti-caking agents to meet the needs of different types of compound fertilizers. The annual production capacity is 200,000 tons, which can steadily supply the demand of domestic and foreign markets.
In terms of market share, Furuixue, with its high-quality products and good market reputation, has successfully occupied a significant share of the domestic fertilizer anti-caking agent market. According to the market data since 2017, the market share of Furuixue is firmly in the top three of the industry, especially in East and South China. The company has established long-term cooperative relations with a number of large compound fertilizer production enterprises to ensure the wide application of its products and the steady growth of market share. In 2023, the total sales of Furuixue fertilizer anti-caking agent are 53,000 tons, and there are 166 customers guaranteed. According to the relevant information data of the national fertilizer industry and the financial annual report published by Furui Snow in 2023, the domestic market share of Furui Snow in 2023 is 22%.
In terms of competitive advantage, Furuixue's success can be attributed to three key factors: first, continuous investment in product research and development, second, a sound sales and service network, and third, the implementation of strict quality control standards in raw material procurement and production processes.
Fourth, the market performance of Furuixue chemical fertilizer anti-caking agent
The sales performance of Furuixue Fertilizer Anti-Caking Agent has shown a solid growth trend in the past few years. According to the company finance report, Furuixue's sales have achieved more than 15% growth for five consecutive years.
In terms of customer groups, Furuixue's service objects cover different types of customers from large, small and medium-sized fertilizer plants to large agricultural materials companies. The company has successfully built a broad customer base by providing customized solutions and professional technical support. Furuixue's customer base not only includes well-known domestic fertilizer manufacturers, but also extends to the international market, especially in some developing countries in Southeast Asia and Africa, where the company's products and services have been widely recognized and applied.
Market feedback summary shows that Furuixue fertilizer anti-caking agent enjoys high satisfaction among users. Most customers recognize the anti-caking effect of the product, and also give positive comments on the technical services and after-sales support provided by Furuixue.
V. Market potential assessment
Furuixue fertilizer anti-caking agent has great potential in the future market development. With the increase in global agricultural production and the rising demand for efficient fertilizers, the market size of fertilizer anti-caking agents is expected to continue to expand. With its advantages in product research and development and market layout, Furuixue is expected to further increase its market share in the next few years. The company can increase the visibility and influence of its products on a global scale by strengthening cooperation with international agricultural materials enterprises and broadening export channels.
Potential growth points are mainly concentrated in the following aspects: First, technological innovation will be a key factor to promote the company's growth. Secondly, market expansion is also an important way to achieve growth. In addition, Fu Ruixue can also explore the possibility of cross-border cooperation.