Chan Ye Xin Xi Wang·2025-09-15 01:39Overview - The concept of precision agriculture is driving the demand for BB fertilizers, which can be tailored based on soil tests and crop needs, thus meeting modern agricultural management requirements [1][9] - In 2024, the demand for BB fertilizers in China is projected to reach 8.651 million tons, representing a year-on-year increase of 8.95%, while the production is expected to be 8.475 million tons, up 6.74% from the previous year [1][9] Industry Development - BB fertilizers, also known as bulk blending fertilizers, are characterized by their flexible formulations and targeted nutrient delivery, addressing the limitations of traditional fertilizers [2][3] - The introduction of BB fertilizer technology in China dates back to the late 1980s, with significant milestones including the establishment of industry standards and associations that have shaped the sector [5][6] Market Policies - Recent policies in China aim to promote technological innovation in fertilizer production, enhance fertilizer efficiency, and reduce environmental pollution, steering the BB fertilizer industry towards greener and more efficient practices [6][7] Industry Chain - The BB fertilizer industry consists of upstream suppliers of nitrogen, phosphorus, potassium, and trace elements, midstream production companies, and downstream application markets, with significant usage in staple crops like wheat, corn, and rice [8][9] Competitive Landscape - The BB fertilizer market is becoming increasingly competitive, with a growing number of companies entering the sector; as of mid-2025, there are 94,481 registered BB fertilizer products in China [9][10] - Major players in the BB fertilizer market include Yuntianhua, Hubei Yihua, and XinYangFeng, among others, which are expanding their product offerings and market presence [10][11] Future Trends - The future of the BB fertilizer industry is expected to focus on precision formulation using data analytics and remote sensing technologies, alongside a shift towards environmentally friendly production methods [12]