Global Nitrogenous Fertilizers Market is Projected to Reach US$ - Erie News Now | WICU & WSEE in Erie, PA

Global Nitrogenous Fertilizers Market is Projected to Reach US$ 127 Billion By 2022


The global nitrogenous fertilizers market is expected to exceed US$ 127 billion by 2022, registering a compound annual growth rate (CAGR) of more than 2.33% during the forecast period. The need to increase productivity and level yield & fertilizer intensity gaps across regions and growing awareness about soil profile and nutritional balance are expected to drive the market. However, the increasing trend of organic consumption, unfavorable regulatory systems, and environmental changes are hampering the growth of the market.

In this report, the global nitrogenous fertilizers market is segmented by type, crop type, mode of application, and region. On the basis of type, the market is segmented into urea, ammonium nitrate, ammonium sulfate, calcium ammonium nitrate, and others including NPK blends, potassium nitrate, diammonium phosphate, monoammonium phosphate, and other nitrogen & phosphate compounds. The market on the basis of crop type is segmented into cereals & grains, oilseeds & pulses, fruits & vegetables, and others including floriculture crops, permanent crops, plantation crops, pastures, grasslands, and other agricultural cultivation. On the basis of mode of application, the market is segmented into soil, foliar, fertigation, and others including aerial application, basal application, and starter solution.

The global nitrogenous fertilizers market is segmented on the basis of key regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Furthermore, each region is segmented to provide market revenue for select countries such as the U.S., Canada, the U.K., Germany, China, Japan, India, Brazil, and GCC countries. The report includes a detailed study of the global and regional nitrogenous fertilizers market and analyzes the variations in the growth of the industry in certain regions.

A glimpse of the report structure is provided in the report description available on the website.

Agrium Inc. (Canada), Coromandel International Limited (India), Yara International ASA (Norway), Potash Corp. of Saskatchewan Inc. (Canada), and Koch Industries Inc. (U.S.) are the most active players in the nitrogenous fertilizers market.

This report covers the nitrogenous fertilizers market, in terms of value, and forecasts the market size till 2022. In addition, the report identifies key growth segments and opportunities in the industry. This report also covers detailed competitive outlook including the share and company profiles of the key players in the global nitrogenous fertilizers market. Company profile includes company summary, financial summary, business strategy and planning, SWOT analysis, and current developments.

The deep-dive study on the nitrogenous fertilizers market will help customers with the identification of new market opportunities and targeted promotional plans.


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