Sep 4, 2017   SOURCE: BusinessWire

Global Nitrogenous Fertilizer Market to Grow at a CAGR of 3.6% by 2021: Analysis By Type, Application & Geography - Research and Markets

The "Global Nitrogenous Fertilizer Market - Growth, Trends and Forecasts 2017 - 2022" report has been added to Research and Markets' offering.

Global Nitrogenous Fertilizer market is estimated to grow at a CAGR of 3.6% during the forecast period 2016-2021 from an estimated market value of $86793.4 million in 2015. Nitrogen is the most vital nutrient required by all plants for growth and development. Though present in abundance in nature, it is not readily taken by all plants and that leads to higher application of nitrogenous fertilizers in the agricultural fields.

High population growth leading to food security concern over the globe along with increasing need of better field productivity primarily drive the nitrogenous fertilizer market growth. Increasing consumption of meat based food products around the globe and the increased need of fertilizers in biofuel production have further led to the market growth. Growing demand from developing regions like Asia-Pacific and Latin America, and increased government and industry support would help in sustaining the market growth in the forecast period. However, regulatory and environmental constraints pertaining to fertilizers and popularity of organic options are creating obstacles for market growth.

The global nitrogenous fertilizer market is classified by type, application and geography. In term of product type, Urea, Calcium Ammonium Nitrate (CAN), Ammonium Nitrate, Ammonium Sulfate, Ammonia and Other Nitrogenous Fertilizers. While the market share for urea is reported to be the highest, the ammonium nitrate fertilizer market is expected to grow at a faster rate. By application, the usage of fertilizers is explained based on crops and non-crops. Crop based application account for majority of nitrogenous fertilizer usage which is led by oilseeds, cereal and grains.

Companies Mentioned:

  • Yara International
  • Agrium Inc. (Canada)
  • Coromandel International Ltd.
  • Potash Corporation of Saskatchewan
  • Koch Industries Inc.
  • CVR Partners
  • K+S AG
  • Uralkali
  • Belaruskali
  • CF Industries Holdings Inc.
  • OCP
  • Sinofert Holdings Ltd
  • Bunge Ltd.
  • The Mosaic Company
  • Eurochem
  • Israel Chemicals Ltd.
  • Indian Farmers Fertiliser Cooperative
  • Sociedad Quimica Y Minera De Chile SA
  • Haifa Group

Key Topics Covered:

1. Introduction

2. Research Approach & Methodology

3. Key Findings of the Study

4. Market Overview

5. Market Segmentation

6. Competitive Landscape

7. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/q34rmg/global