Sep. 02, 2024
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A restaurant waiter is an example of a service-related occupation.A service is an act or use for which a consumer, company, or government is willing to pay.[1] Examples include work done by barbers, doctors, lawyers, mechanics, banks, insurance companies, and so on. Public services are those that society (nation state, fiscal union or region) as a whole pays for. Using resources, skill, ingenuity, and experience, service provider's benefit service consumers. Services may be defined as intangible acts or performances whereby the service provider provides value to the customer.
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Services have three key characteristics:[2]
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Services are by definition intangible. They are not manufactured, transported or stocked.
One cannot store services for future use. They are produced and consumed simultaneously.
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Services are perishable in two regards:
The service provider must deliver the service at the exact time of service consumption. The service is not manifested in a physical object that is independent of the provider. The service consumer is also inseparable from service delivery. Examples: The service consumer must sit in the hairdresser's chair, or in the airplane seat. Correspondingly, the hairdresser or the pilot must be in the shop or plane, respectively, to deliver the service.
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Each service is unique. It can never be exactly repeated as the time, location, circumstances, conditions, current configurations and/or assigned resources are different for the next delivery, even if the same service is requested by the consumer. Many services are regarded as heterogeneous and are typically modified for each service-consumer or for each service-context.[2] Example: The taxi service which transports the service consumer from home to work is different from the taxi service which transports the same service consumer from work to home another point in time, the other direction, possibly another route, probably another taxi-driver and cab. Another and more common term for this is heterogeneity.[citation needed]
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Mass generation and delivery of services must be mastered for a service provider to expand. This can be seen as a problem of service quality. Both inputs and outputs to the processes involved providing services are highly variable, as are the relationships between these processes, making it difficult to maintain consistent service quality. Many services involve variable human activity, rather than a precisely determined process; exceptions include utilities. The human factor is often the key success factor in service provision. Demand can vary by season, time of day, business cycle, etc. Consistency is necessary to create enduring business relationships.
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Any service can be clearly and completely, consistently and concisely specified by means of standard attributes that conform to the MECE principle (Mutually Exclusive, Collectively Exhaustive).
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Coffee house a type of service deliveryThe delivery of a service typically involves six factors:
The service encounter is defined as all activities involved in the service delivery process. Some service managers use the term "moment of truth" to indicate that point in a service encounter where interactions are most intense.[citation needed]
Many business theorists view service provision as a performance or act (sometimes humorously referred to as dramalurgy, perhaps in reference to dramaturgy). The location of the service delivery is referred to as the stage and the objects that facilitate the service process are called props. A script is a sequence of behaviors followed by those involved, including the client(s). Some service dramas are tightly scripted, others are more ad lib. Role congruence occurs when each actor follows a script that harmonizes with the roles played by the other actors.[citation needed]
In some service industries, especially health care, dispute resolution and social services, a popular concept is the idea of the caseload, which refers to the total number of patients, clients, litigants, or claimants for which a given employee is responsible. Employees must balance the needs of each individual case against the needs of all other current cases as well as their own needs.[citation needed]
Under English law, if a service provider is induced to deliver services to a dishonest client by a deception, this is an offence under the Theft Act .[citation needed]
Lovelock used the number of delivery sites (whether single or multiple) and the method of delivery to classify services in a 2 x 3 matrix. Then implications are that the convenience of receiving the service is the lowest when the customer has to come to the service and must use a single or specific outlet. Convenience increases (to a point) as the number of service points increase.[citation needed]
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Service-Commodity Goods continuumThe distinction between a good and a service remains disputed. The perspective in the late-eighteenth and early-nineteenth centuries focused on creation and possession of wealth. Classical economists contended that goods were objects of value over which ownership rights could be established and exchanged. Ownership implied tangible possession of an object that had been acquired through purchase, barter or gift from the producer or previous owner and was legally identifiable as the property of the current owner.
Adam Smith's famous book, The Wealth of Nations, published in , distinguished between the outputs of what he termed "productive" and "unproductive" labor. The former, he stated, produced goods that could be stored after production and subsequently exchanged for money or other items of value. The latter, however useful or necessary, created services that perished at the time of production and therefore did not contribute to wealth. Building on this theme, French economist Jean-Baptiste Say argued that production and consumption were inseparable in services, coining the term "immaterial products" to describe them.
In the modern day, Gustofsson & Johnson describe a continuum with pure service on one terminal point and pure commodity good on the other.[3] Most products fall between these two extremes. For example, a restaurant provides a physical good (the food), but also provides services in the form of ambience, the setting and clearing of the table, etc. And although some utilities actually deliver physical goods like water utilities that deliver water utilities are usually treated as services.[citation needed]
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The following is a list of service industries, grouped into sectors. Parenthetical notations indicate how specific occupations and organizations can be regarded as service industries to the extent they provide an intangible service, as opposed to a tangible good.
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Despite a global fertilizer market that is as volatile and unpredictable as the weather, China seems to always come out on top. Results from a market analysis conducted by Mordor Intelligence shows that the demand for fertilizer manufacturers in China in continues to be consistently favorable. This is all correlated to a thriving global economy, input-output prices of fertilizer nutrients, high population growth, food security concerns and a demand for 100% productivity of the current arable agricultural land.
Top global economies, like India and the United States, depend on fertilizer manufacturers in China. Without their high-quality fertilizers, the agricultural sector of major economies like these would suffer. Fertilizers enhance soil fertility and replace depleted chemical elements taken from the soil by previous harvests. Without fertilizers, farmers would struggle to grow enough food to feed their communities.
Contact us to discuss your requirements of china grow more fertilizer manufacturer. Our experienced sales team can help you identify the options that best suit your needs.
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China is the top chemical and mixed compound fertilizer exporter in the world. Fertilizer manufacturers in China hold 20% of the global export market, which is valued at $3.3 billion (). The main importers of Chinas fertilizer include India (31%), Vietnam (10%), Pakistan (7.3%), Brazil (7.2%) and Thailand (5.9%).
Chinas new fertilizer tariff laws were implemented as of , where many export tariff rates were decreased or completely wiped out. For example, all nitrogen fertilizers (ie. urea and ammonium chloride) and nitrogen fertilizers consisting of phosphorus compounds saw a drop in tariffs from 5% to 0%. All NPK compound fertilizers experienced a 10% decrease, dropping from 30% to 20%.
Read more about Chinas new fertilizer export tariffs here.
BizVibes research reveals this list of the top 10 fertilizer manufacturers in China based on production volumes rather than revenue. Many of the companies listed below also manufacture other chemical products not intended to be used as fertilizer, nor do the chemicals serve any agricultural purpose.
All sales and revenue info comes from The Wall Street Journal unless otherwise stated. Production volumes and capacities are curated from each companys website. If there is a company you think should be on the list or just a general question about this top 10, please leave a comment in the comments section below.
1. Sinofert
Sinofert is a subsidiary of Sinochem, with 53% of their holdings owned by the Group. Sinofert is the largest fertilizer manufacturer in China and covers the entire industry chain of resource, R&D, production, distribution and services related to agrochemicals. Sinofert currently boasts 7 controlling enterprises and 8 sharing enterprises that equal to a total annual production capacity of over 15 million tonnes. The latest data from states the company produced 14.63 million tonnes of fertilizer.
The companys sales/revenue as per the WSJ is listed at $17.48 billion.
2. Sinochem
According to the Sinochem website, their most recent published data puts the sales volume of their fertilizer sector at 12 million tonnes. The company controls another 14 fertilizer production companies, with products ranging from nitrogen fertilizer to potash fertilizer, and other new innovative fertilizers. Sinochem has also an extensive product range, which includes primary fertilizer nutrients, secondary fertilizer nutrients, microelements fertilizers, BB fertilizers, organic and inorganic composite fertilizers and other specialized fertilizers.
The companys sales/revenue as per the WSJ is listed at $40.54 billion.
3. Hubei Xinyangfeng Fertilizer
Hubei Xinyangfeng Fertilizer is one of the more prominent fertilizer manufacturers in China, bringing in over 30-years-experience of producing and exporting fertilizer. This fertilizer company in China has an annual production volume of 5.4 million tons of various high-concentrate phosphate and compound fertilizers.
The company also boasts many accolades including ranking as a top 10 national fertilizer enterprise, a top 3 national phosphate and compound fertilizer enterprise and the top 1 provincial phosphate and compound fertilizer enterprise. Xinyangfeng Fertilizer is also a top-500 manufacturing enterprise in China, a top-500 private enterprise in China, top-100 industrial enterprise in Hubei and a leader in R&D. They are also ranked as a National High-Tech Enterprise with a total of 42 national patents.
The companys sales/revenue as per the WSJ is listed at $8.22 billion.
Related: Global Titanium Dioxide Market in : China Is in the Lead
4. Wengfu Group
Wengfu Group delivers a lot when it comes to producing chemicals and is one of the largest fertilizer companies in China. This state-owned enterprise specializes in phosphate mining and dressing, agricultural planting, warehousing & trading, scientific research, domestic and international trade of chemicals, industrial technology and operation services and international general EPC contracting.
The company is also a known as one of the top phosphorous fertilizer manufacturers in China, with a production capacity of around 4.89 million tonnes per annum. The company also produces soluble fertilizers, phosphorus, sulfur and coal chemicals and fluoride and iodine chemicals.
The companys sales/revenue are listed at $5.79 billion, according to their website.
5. Lenan Xinlianxin (China XLX)
In , Henan Xinlianxin, or, China XLX Fertilizer, was born as a private enterprise but switched to a state-owned company in . Working as one of the major fertilizer manufacturers in China, XLX is also an integrative chemical enterprise. The company is known for the scientific research, development, production and service of chemical fertilizers.
They own four urea and chemical producing branches at two of their fertilizer manufacturing bases. Their annual output of fertilizers is roughly 3.2 million tonnes.
The companys sales/revenue as per Reuters is listed at $290.25 million
6. Luxi Chemical Group
According to the Luxi Chemical Group website, the company has a fertilizer production capacity of roughly 2.8 million tonnes per year. This fertilizer manufacturer in China produces fertilizers such as common urea, granular urea, stable urea, slow release potash urea and poly-amino acid urea. They also manufacture compound fertilizers such as blend fertilizer, BB fertilizer, slow release fertilizer, release control fertilizer, soluble fertilizer, urea formaldehyde compound fertilizer, DAP and ammonium sulfate.
The companys sales/revenue as per the WSJ is listed at $10.89 billion.
7. China BlueChemical Ltd.
China BlueChemical Ltd. is a major chemical and fertilizer manufacturer in China. Their undertakings include the development, production and sale of mineral fertilizers and chemical products. Many of their popular segments include urea (manufacture & sale of granular and urea prills), phosphorus fertilizer, methanol and others like manufacturing woven plastic bags, chemicals, port operations and provision of transportation services.
The total production volume of all China BlueChemical fertilizers equals to 1.37 million tonnes and the companys sales/revenue as per the WSJ is listed at $9.94 billion.
8. Anhui Liuguo Chemical Co. Ltd
Anhui Liuguo Chemical Co. Ltd produces and sells fertilizers, chemical, and chemical raw materials. Other products include phosphate compound fertilizer, nitrogen fertilizer, organic fertilizer, microbial fertilizer, fine phosphorus chemical, synthetic ammonia, and methanol. According to the companys website, their main goal is to combine acid fertilizer with mineral fertilizer to increase the production of high concentrations of phosphate compound fertilizer with a unique condition.
Liuguos annual fertilizer production rate sits at 1.2 million tonnes () and the companys sales/revenue as per the WSJ is listed at $4.43 billion.
9. China Green Agriculture Inc.
China Green Agriculture is one of the major environmentally-friendly fertilizer manufacturers in China. This Chinese fertilizer company excels in producing and distributing humic acid liquid compound fertilizer, blended fertilizer, organic compound fertilizer and mixed organic-inorganic compound fertilizers. Their products are used throughout the 22 provinces, 4 autonomous regions and 3 municipal cities in China. Their total annual production volume is currently sitting at 355,000 tonnes.
The companys sales/revenue as per the WSJ is listed at $285.21 million.
10. Sichuan Chemical Co., Ltd.
Sichuan Chemical is a major player in the production and sale of chemical fertilizers, basic chemical raw materials, and organic chemical compounds. Some of their products include melamine, ammonium nitrate, potassium sulfate and other self-made and outsourced products. Some of the companys many awards and honorary titles, 18 to be exact, include the Chinese Enterprises Management Outstanding Contribution Award, a National Advanced Enterprise Performance Excellence Model, National Advanced Enterprise of Customer Satisfaction Project, Outstanding Unit of National Equipment Management and the National AAAA Standardized Good Behavioral Enterprise.
Sichuan has an annual fertilizer production capacity of 300,000 tonnes and the companys sales/revenue as per the WSJ is listed at $1.81 billion.
Prominent companies from the worlds top economies turn to China for their fertilizer needs. The reputation of the fertilizer market in China, in addition to its new tariff export laws, makes China a top contender as the worlds best fertilizer supplier. So whether youre looking to source from chemical fertilizer companies, organic fertilizer companies or raw fertilizer material distributors, then fertilizer manufacturers in China should be the first on your list.
Let BizVibe help introduce your fertilizer or agriculture business to major players who can help you stay at the top of your industry. Our innovative sourcing and B2B networking solutions help you discover new opportunities with not only these top 10 fertilizer manufacturers in China and but thousands more.
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