“Hydroponics Substrate Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025 ” is the latest addition to MarketResearchReports.Biz industry research reports collection.
The main objective of this report is to define, describe, and forecast the global “Hydroponics Substrate” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Hydroponic substrates are used in the hydroponic system in order to anchor the roots of a plant. Hydroponic substrates are various types of soilless growth media. In hydroponics system, no soil is used and the plants are supported by hydroponics substrates which provide roots a point at which they can attach, helps to have better aeration and retain moisture. In a hydroponic system, plants are grown directly in a water based, nutrient enriched solution. Hydroponics substrates are mainly used in the agriculture and gardening sectors. The hydroponic substrates which are commonly in use have the properties such as affordability, easy availability, chemical inertness etc. Some of the commonly used growing substrates include rockwool, perlite, vermiculite, and clay pellets. Hydroponics substrates helps the root system support the weight of the plant and holds the moisture and oxygen that the roots need.
Increasing demand from the agriculture sector is considered as one of the strongest drivers of global hydroponics substrates market. The consumers’ shift towards health consciousness and demand for crop yield is another key factor which propels the growth of global hydroponics substrates market. The new trends of home decoration and gardening are expected to be key drivers of the hydroponics substrates market. Key features of hydroponics substrates such as cost effectiveness, easy availability and efficient applicability in the ebb and flow systems are considered to spur the hydroponics substrates market in the coming years. The recent advancements in bionanotechnology and introduction advanced substrate materials have opened new avenues for global hydroponics substrates market.
Based on the product, the global hydroponic substrates market can be classified as rockwool, perlite, vermiculite, and clay pellets. Rockwool is one of the commonly used in hydroponics. Perlite is mainly composed of minerals that are subjected to very high heat which then get expanded and becomes very light. Rockwool and perlite are frequently used and coco-fiber and cocochips are newly introduced. Another hydroponic substrate known as growstone are made from the recycled glass. In terms of growing media, global hydroponic substrates market can be categorized into drip systems, NFT systems, Ebb-Flow systems, water culture systems, aeroponic systems. Based on application, hydroponics substrate market can be classified as agriculture, home & gardening, and biotechnology. Drip systems are fairly easy to control moisture in.
The global hydroponics substrate market expanded at a decent pace in 2016. This trend is expected to continue during the forecast period. In terms of geography, the hydroponics substrate market can be divided into Asia Pacific, North America, Europe, Middle East & Africa, and Latin America. Europe is one of the key regions of the hydroponics substrate market in terms of consumption. Hydroponics substrate is relatively new and active research on hydroponics substrates is taking place in the developed regions such as Europe and North America. Growing demand for healthy diet that include vegetable and fruits propels the growth of hydroponics substrates market in these regions.The entire hydroponic system is expensive, though the substrates are cost effective. Advancements made in the science and technology in the Asia Pacific region is expected to create a growth platform for the hydroponics substrate market. The hydroponics substrate market is expected to be less attractive in the Latin America and Middle East & Africa region.
Moderate degree of competition exists in the hydroponics substrate market. CANNA, Grodan Rockwool and Malaysia hydroponics are some of the manufacturers of global hydroponics substrate market
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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