The primary component of humic substances, which make up soil, peat, and coal, is humic acid. Humic acid, which is the component that breaks down naturally occurring animal and plant degradation material, is frequently found in leonardite sedimentation layers, which are lignite yields. It is applied in dietary supplement, agriculture, horticulture, and ecological bioremediation applications. Humic acid is a natural soil conditioner that also functions as a carbon-based chelator or microbial stimulant, which makes it very beneficial for the potency of the soil and crop productivity.
The primary force driving the global Humic Acid Market is a shifting preference for organic fertilisers over artificial additives. Humic acid product demand is fueled by chemical fertilisers' adverse impacts on the environment and human health. One of the most recent developments that will gain traction in the humic acid industry over the coming years is the increased need for green fertilisers. The need for organic chemicals like humic acid and fulvic acid is anticipated to increase as awareness of the negative effects of synthetic fertilisers, inorganic chemical compounds, and artificial compounds rises in industrialised countries. To improve the availability of nutrients for plants, humic acids chelate nutrient molecules, particularly iron, in the soil into a state suitable for plant uptake.