Forecast of Global Humic Acid Players Market 2023

Global Humic Acid Market will register a 4.5% CAGR in terms of revenue, reach US$ 1280 million by 2023, from US$ 980 million in 2017. 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.