$85.67 Billion Nitrogenous Fertilizers Market – Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
The “Nitrogenous Fertilizers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.
The global nitrogenous fertilizers market size reached a value of US$ 68.01 Billion in 2020.
This latest report provides a deep insight into the global nitrogenous fertilizers market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the nitrogenous fertilizers market in any manner.
Nitrogenous fertilizers are inorganic nitrous compounds which are primarily utilized to improve the growth rate, texture, color and quality of crops. Nitrogen acts as a primary building block for protoplasm and is involved in the process of photosynthesis. These fertilizers majorly contain varying quantities of ammonium nitrate, ammonium sulfate, calcium ammonium nitrate, urea and other substances, which are mixed with animal manure. When used in specific amounts, they aid in enhanced flower differentiation, rapid shoot growth, production of healthy flower buds and improved quality of fruit.
Nitrogenous Fertilizers Market Trends and Driver:
The rising population and decreasing arable land across the globe are among the key factors driving the growth of the market. Furthermore, the implementation of favorable government policies promoting the usage of advanced fertilizers for higher yield is another major growth-inducing factor.
There has been a significant increase in the crop demand also to cater to the rapidly increasing global population, which has consequently led to the growing adoption of these fertilizers for improved soil fertility and enhanced yield of crops, such as corn, rice and sugarcane.
In addition to this, the shortage of arable land, owing to growing urbanization and industrialization, is augmenting the utilization of these fertilizers for maximizing productivity. Other factors, including increasing demand for grain-based biofuels coupled with extensive research and development (R&D) activities to develop more efficient and eco-friendly variants, are projected to create a positive outlook for the market.
Looking forward, the market is forecast to reach a value of US$ 85.67 Billion by 2026, exhibiting a CAGR of 3.90% during 2021-2026.
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Yara International, Bunge, CF Industries, TogliattiAzot, Nutrien, EuroChem, OCI, URALCHEM, ICL Specialty Fertilizers, SABIC, Indian Farmers Fertiliser Cooperative, Coromandel International, Koch Industries, Hellagrolip, Sinofert, CVR Partners, etc.
Key Questions Answered in This Report:
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How has the global nitrogenous fertilizers market performed so far and how will it perform in the coming years?
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What are the key regional markets in the global nitrogenous fertilizers industry?
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What has been the COVID-19 on the global nitrogenous fertilizers industry?
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What is the breakup of the market based on the type?
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What is the breakup of the market based on the crop type?
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What is the breakup of the market based on the form?
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What is the breakup of the market based on the mode of application?
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What are the various stages in the value chain of the global nitrogenous fertilizers industry?
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What are the key driving factors and challenges in the global nitrogenous fertilizers industry?
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What is the structure of the global nitrogenous fertilizers industry and who are the key players?
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What is the degree of competition in the global nitrogenous fertilizers industry?
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What are the profit margins in the nitrogenous fertilizers industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Nitrogenous Fertilizers Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Type
5.5 Market Breakup by Crop Type
5.6 Market Breakup by Form
5.7 Market Breakup by Mode of Application
5.8 Market Breakup by Region
5.9 Market Forecast
6 SWOT Analysis
6.1 Overview
6.2 Strengths
6.3 Weaknesses
6.4 Opportunities
6.5 Threats
7 Value Chain Analysis
8 Porter’s Five Forces Analysis
8.1 Overview
8.2 Bargaining Power of Buyers
8.3 Bargaining Power of Suppliers
8.4 Degree of Competition
8.5 Threat of New Entrants
8.6 Threat of Substitutes
9 Market Breakup by Type
9.1 Urea
9.2 Ammonium Nitrate
9.3 Ammonium Sulfate
9.4 Calcium Ammonium Nitrate (CAN)
10 Market Breakup by Crop Type
10.1 Cereals & Grains
10.2 Oilseeds & Pulses
10.3 Fruits & Vegetables
11 Market Breakup by Form
11.1 Liquid
11.2 Dry
12 Market Breakup by Mode of Application
12.1 Soil
12.2 Foliar
12.3 Fertigation
13 Market Breakup by Region
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Yara International
15.3.2 Bunge
15.3.3 CF Industries
15.3.4 TogliattiAzot
15.3.5 Nutrien
15.3.6 EuroChem
15.3.7 OCI
15.3.8 URALCHEM
15.3.9 ICL Specialty Fertilizers
15.3.10 SABIC
15.3.11 Indian Farmers Fertiliser Cooperative
15.3.12 Coromandel International
15.3.13 Koch Industries
15.3.14 Hellagrolip
15.3.15 Sinofert
15.3.16 CVR Partners
For more information about this report visit https://www.researchandmarkets.com/r/hvtv48
View source version on businesswire.com: https://www.businesswire.com/news/home/20210219005249/en/
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