The report on the Global Nitrogenous Fertilizers Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Nitrogenous fertilizers serve as an important source of nitrogen to the agricultural crops. Nitrogen is very essential for development and growth of plants and therefore, its fertilizer market is ever growing. It is used in a variety of crops such as cereals & grains, oil seeds, fruits and vegetables, etc. Rice, sugarcane, corn and oilseeds are among the popular crops, which demand an extensive use of nitrogenous fertilizers in their production.
On the basis of the type of the active ingredients present inside them they can be classified as urea, ammonium nitrate, sodium nitrate, ammonium sulfate, CAN, UAN, calcium nitrate, ammonium chloride and others. Urea has been one of the most popular products in the global nitrogenous fertilizers market for a very long time to present period. Besides, the demand for ammonium nitrate is also increasing nowadays.
Growing population, increase in the demand for food and reducing land space has put much pressure on the available land to generate maximum agricultural yield out of the minimum available area. This has led to a heavy demand of nitrogenous fertilizers in the market. However, restrain due to environmental concerns along with heavy duties on the nitrogenous fertilizers are acting as major constraints in the growth of global nitrogenous fertilizers market.
The procurement of raw materials is also a very important factor, which can define the growth of global nitrogenous fertilizers market. Nevertheless, growing population and increased food demand will still sustain its growth. Besides newer products are also coming into market, which can prove to be more eco-friendly and help global nitrogenous fertilizers market in expanding further.
Asia Pacific is the major consumer of nitrogenous fertilizers followed by North America. Asia Pacific experienced this growth owing to the demand and supply of rice. This region is the leader in rice production and has huge demand for the same. China, India and other developing countries are largest end users and manufacturers of nitrogenous fertilizers product.
The key players in the global nitrogenous fertilizer market include:
- Yara International
- Agrium
- Mosaic
- K+S, ICL
- Coromandel International Ltd.
- CF Industries Holdings Inc.
- Potash Corp. of Saskatchewan
- Eurochem
SEGMENTATIONS IN REPORT:
Nitrogenous Fertilizers By Active Ingredients:
- Urea
- Ammonium Nitrate
- Sodium Nitrate
- Ammonium Sulfate
- CAN
- UAN
- Calcium Nitrate
- Ammonium Chloride
- Others
Nitrogenous Fertilizers By Crops:
- Cereals And Grains
- Oil Seeds
- Fruits And Vegetables
Nitrogenous Fertilizers By Geography:
- Asia Pacific
- North America
- Europe
- Latin America
- MEA
The Global Nitrogenous Fertilizers Market has been exhibited in detail in the following chapters -
Chapter 1 Nitrogenous Fertilizers Market Preface
Chapter 2 Executive Summary
Chapter 3 Nitrogenous Fertilizers Industry Analysis
Chapter 4 Nitrogenous Fertilizers Market Value Chain Analysis
Chapter 5 Nitrogenous Fertilizers Market Analysis By Active Ingredients
Chapter 6 Nitrogenous Fertilizers Market Analysis By Crops
Chapter 7 Nitrogenous Fertilizers Market Analysis By Geography
Chapter 8 Competitive Landscape Of Nitrogenous Fertilizers Companies
Chapter 9 Company Profiles Of Nitrogenous Fertilizers Industry