Global N-(n-butyl) Thiophosphoric Triamide (NBPT) Market Research Report 2017
Summary Due to the environmental protection issue and production cost, now there are nearly no manufacturers located outside China. NBPT is mainly produced by Zhejiang Sunfit, Jinma Chemical, Jiangxi Jixiang, Jiujiang Woxin and Hubei Hengshuo, and these top 5 companies occupy about 85% production market share in 2016.
In the world, the production of NBPT is almost all concentrated in China, this country occupy about 90% of the global production in 2016, and Chinese market share has been increasing in recent years.
The global NBPT market was valued at USD 50.8 million in 2016 and is projected to reach USD 60.9 million by 2022. The NBPT products are projected to reach 6.76 thousand tons by 2022 from 4.43 thousand tons, at a CAGR of 7.3%. The driving factors for NBPT market are increase in applications of urease inhibitors such as high efficiency in crop production, ease of application, reduced application cost, environment-friendly properties, and decrease in the availability of arable land.
This report studies N-(n-butyl) Thiophosphoric Triamide (NBPT) in Global market, especially in North America, Europe, China and Australia, focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer,