Nitrogenous Fertilizers Market – Projected to Reach $127 Billion by 2022 – Research and Markets
DUBLIN–(BUSINESS WIRE)–The "Nitrogenous
Fertilizers Market – Global Forecast to 2022" report has been
added to Research and Markets' offering.
The market for nitrogenous fertilizers is projected to reach USD 127
Billion by 2022, at a CAGR of around 2.33% from 2016. The global
nitrogenous fertilizers market has grown exponentially in the last few
years. Need to increase productivity and level yield and fertilizer
intensity gaps across regions, rise in awareness regarding soil profile,
and nutritional balance backed by state support are the major drivers
for the market.
On the basis of type, the nitrogenous fertilizers market is segmented
into urea, ammonium nitrate, ammonium sulfate, calcium ammonium nitrate
(CAN), and other nitrogenous fertilizers (NPK blends, potassium nitrate,
diammonium phosphate (DAP), monoammonium phosphate (MAP), and other
nitrogen & phosphate compounds). The urea segment accounted for the
largest in 2015, followed by ammonium sulfate. The ammonium nitrate
segment is projected to be the fastest-growing segment during the
forecast period.
The fruits & vegetables segment, on the basis of crop type, is projected
to grow at a significant rate during the forecast period. As fruits &
vegetables are sensitive crops, their growth can be affected due to the
nutrient deficiencies in soil. Awareness regarding the importance of
nutrients for these crops and demand for increased production drives the
demand for nitrogenous fertilizers.
Companies Mentioned
- Agrium Inc.
- Bunge Limited
- CF Industries Holdings Inc.
- CVR Partners, LP
- Coromandel International Ltd.
- Eurochem Group AG
- Koch Industries, Inc.
- Potash Corp. of Saskatchewan, Inc.
- Sinofert Holdings Limited.
- Yara International ASA
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Nitrogenous Fertilizers Market, By Type
8 Nitrogenous Fertilizers Market, By Form
9 Nitrogenous Fertilizers Market, By Crop Type
10 Nitrogenous Fertilizers Market, By Mode of Application
11 Nitrogenous Fertilizers Market, By Region
12 Competitive Landscape
13 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/vdqjsz/nitrogenous
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Related
Topics: Agrochemicals
and Fertilizers, Fertilizer