Nitrogenous Fertilizer Market
1. The global nitrogenous fertilizer market is forecast to grow at a CAGR of XX% during the period 2016-2021.
The global nitrogenous fertilizer market is forecast to grow at a CAGR of XX during the period 20162021. The market is driven by the increasing demand for food and the need for higher crop yields. With the world population expected to reach 9.6 billion by 2050, the demand for food is expected to increase significantly. This, in turn, is expected to drive the demand for nitrogenous fertilizers.
In terms of volume, the global nitrogenous fertilizer market is expected to grow at a CAGR of XX% during the forecast period. The market is driven by the increasing demand for food and the need for higher crop yields. With the world population expected to reach 9.6 billion by 2050, the demand for food is expected to increase significantly. This, in turn, is expected to drive the demand for nitrogenous fertilizers.
The nitrogenous fertilizer market is segmented on the basis of type, crop type, and geography. On the basis of type, the market is segmented into urea, ammonium nitrate, and ammonium sulfate. On the basis of crop type, the market is segmented into cereals & grains, oilseeds & pulses, fruits & vegetables, and others. Geographically, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
The key players in the nitrogenous fertilizer market are Yara International, PotashCorp, CF Industries, Agrium, and Mosaic. These players are constantly innovating and introducing new products to cater to the increasing demand from the agriculture sector.
2. The market is driven by the increasing demand for food and the need for higher yields.
The market for nitrogenous fertilizers is driven by the increasing demand for food and the need for higher yields. The world population is expected to grow from 7.3 billion in 2016 to 9.7 billion in 2050, and the demand for food is expected to increase by 70% during that time. The use of nitrogenous fertilizers is essential to meet this demand, as they are necessary for the production of food. In addition, the need for higher yields is driving the use of nitrogenous fertilizers, as farmers seek to increase their production in order to meet the demands of the growing population.
3. The use of nitrogenous fertilizers helps to improve the quality of the soil and increases the yields.
The use of nitrogenous fertilizers helps to improve the quality of the soil and increases the yields. Nitrogen is an essential nutrient for plants, and it is often the limiting factor in plant growth. The addition of nitrogen to the soil can help to increase the rate of photosynthesis, which in turn can lead to increased growth and yields. Nitrogenous fertilizers can also help to improve the structure of the soil, making it more porous and better able to retain water and nutrients.
4. The rising cost of raw materials is a major challenge for the market.
The rising cost of raw materials is a major challenge for the nitrogenous fertilizer market. The prices of key raw materials, such as natural gas, have been on the rise in recent years, putting pressure on fertilizer producers. In addition, the increased demand for nitrogenous fertilizers from emerging markets has resulted in higher prices for these products.
The rising cost of raw materials is a major challenge for the nitrogenous fertilizer market. The prices of key raw materials, such as natural gas, have been on the rise in recent years, putting pressure on fertilizer producers. In addition, the increased demand for nitrogenous fertilizers from emerging markets has resulted in higher prices for these products.
The increased cost of raw materials has led to higher prices for nitrogenous fertilizers, which has in turn put pressure on farmers. In order to stay profitable, farmers have been forced to increase their use of nitrogenous fertilizers, which has led to higher demand for these products. As a result, prices for nitrogenous fertilizers are expected to continue to rise in the future.
5. The key players in the market include Yara International, CF Industries,
The nitrogenous fertilizer market is expected to grow at a CAGR of around 5% during the forecast period of 2020-2025. The key players in the market include Yara International, CF Industries, PotashCorp, EuroChem, Mosaic, and Agrium.
Yara International is a leading provider of mineral fertilizer solutions. The company offers a wide range of products, including nitrogen, phosphate, and potash fertilizers. It also provides technical services to farmers. Yara International has a strong presence in Europe, North America, South America, Asia, and Africa.
CF Industries is one of the largest producers and distributors of nitrogenous fertilizers in the world. The company produces ammonia, urea, and urea ammonium nitrate (UAN) fertilizers. CF Industries has a strong presence in North America and Europe.
PotashCorp is one of the largest producers of potash in the world. The company produces a range of potash products, including muriate of potash (MOP), sulfate of potash (SOP), and potassium chloride (KCl). PotashCorp has a strong presence in North America and Europe.
EuroChem is a leading provider of nitrogenous and phosphate fertilizers. The company produces a range of products, including ammonia, urea, and urea ammonium nitrate (UAN) fertilizers. EuroChem has a strong presence in Europe and Asia.
Mosaic is one of the largest producers of phosphate fertilizers in the world. The company produces a range of products, including diammonium phosphate (DAP), monoammonium phosphate (MAP), and triple superphosphate (TSP). Mosaic has a strong presence in North America and Europe.
Agrium is a leading provider of nitrogenous and phosphate fertilizers. The company produces a range of products, including ammonia, urea, and urea ammonium nitrate (UAN) fertilizers. Agrium has a strong presence in North America and Europe.
LIST OF KEY COMPANIES PROFILED:
- Yara International ASA
- Nutrien Ltd.
- EuroChem Group AG.
- CF Industries Holdings Inc.
- PJSC Togliattiazot
- Koch Fertilizers, LLC
- OCI Nitrogen
- Sinofert Holdings Limited
- Coromandel International Ltd.
- URALCHEM Holding Plc.
Report Scope & Segmentation
ATTRIBUTE
| DETAILS |
Study Period
| 2015-2026
|
Base Year
| 2018
|
Forecast Period
| 2019-2026
|
Historical Period
| 2015-2017
|
Unit
| Value (USD Billion) |
Segmentation
| By Type
|
By Crop Type
| |
By Region
|