Global Nitrogenous Fertilizers Market Research Report and Forecast 2021-2026
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Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group
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Report Description and Highlights
Report Description
Global Nitrogenous Fertilizers Market Outlook 2026: The latest report by IMARC Group, titled “ Nitrogenous Fertilizers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026 ,” finds that the global nitrogenous fertilizers market reached a value of US$ 68.01 Billion in 2020. Nitrogenous fertilizers are inorganic nitrous compounds that are applied directly to the soil, plants, and aqueous solutions to maintain soil fertility. These fertilizers consist of ammonium nitrate, ammonium sulfate, calcium ammonium nitrate, and urea, which are mixed with animal manure. Nitrogen is an important nutrient required for the healthy development of foliage and fruits as it is involved in the process of photosynthesis. It also improves the growth, yield, color, and quality of crops. Request for a free sample: https://www.imarcgroup.com/nitrogenous-fertilizers-market/requestsample
Report Description and Highlights
Report Description
Global Nitrogenous Fertilizers Market Trends: The market is primarily driven by the increasing demand for food due to rapid population growth and the rising need to increase productivity and fertilizer intensity gaps. In addition to this, the growing awareness about nutritional balance and soil profile is also fueling the market growth. Moreover, the continuous decrease in arable land has increased the demand for nitrogenous fertilizer to improve soil fertility and enhance the yield of crops. Along with this, various advancements in technology, such as the development of efficient and eco-friendly variants of the fertilizer, are also significantly impacting the market growth. Furthermore, favorable government schemes and subsidized policies across emerging economies are promoting the use of cost-effective nitrogenous fertilizers in agricultural activities.
Report Description and Highlights Report Description Market Summary: Breakup by Type: • Urea • Ammonium Nitrate • Ammonium Sulfate • Calcium Ammonium Nitrate (CAN) Breakup by Crop Type: • Cereals & Grains • Oilseeds & Pulses • Fruits & Vegetables Breakup by Application: • Soil • Foliar • Fertigation
Report Description and Highlights Report Description Breakup by Form: • Liquid • Dry Breakup by Region: • North America • Asia Pacific • Europe • Middle East and Africa • Latin America Looking forward, the market is expected to reach a value of US$ 85.67 Billion by 2026, exhibiting a CAGR of 3.90% during the forecast period (2021-2026).
Report Description and Highlights Report Description Competitive Landscape With Key players: • 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 View Report TOC, Figures and Tables: https://www.imarcgroup.com/nitrogenous-fertilizers-market
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Report Description and Highlights
Report Description
© 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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