Nitrogenous Fertilizers Market Projected to Reach $127.00 Billion by 2022

09/apr/2019 09:23:39 MarketsandMarkets Contatta l'autore

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The report  " Nitrogenous Fertilizers Market  by Type (Urea, Ammonium Nitrate, Ammonium Sulfate, and Calcium Ammonium Nitrate), Form (Liquid and Dry), Mode of Application (Soil, Foliar, and Fertigation), Crop Type, and Region - Global Forecast to 2022 " , The nitrogenous fertilizers market is projected to reach USD 127.00 Billion by 2022, at a CAGR of 2.33% from 2016. 

The years considered for the study are as follows:

  • Base year - 2015
  • Estimated year - 2016
  • Projected year - 2022
  • Forecast period - 2016 to 2022

Nitrogenous Fertilizers Market

The objectives of the report are as follows:

 

  • To define, segment, measure, and project the nitrogenous fertilizers market with respect to fertilizer type, crop type, mode of application, form, and key regions.
  • To identify, analyze, and comment on crucial factors influencing overall market (drivers, restraints, opportunities, and industry-specific challenges)
  • Key players to comprehensively analyze their core competencies and market strategies and provide overall competitive landscape in the market

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The ammonium nitrate projected to be the fastest growing from 2016 to 2022

The ammonium nitrate is projected to grow at the highest CAGR from 2016 to 2022.Ammonium nitrate is the most effective means of increasing crop yield and major impact in the productivity of the crop. The increase in awareness with regard to nitrate

The fruit and vegetables segment is to grow during the forecast period

Fruits and vegetables are highly sensitive to the deficiencies of nutrients in the soil. These crops are of high value. Increased demand for nutrients is driving the fruits and vegetables segment.

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The South American region is projected to grow at a significant rate from 2016 to 2022

The South American region has developed disposable incomes, progressive urbanization, and increased demand for nutritional food products in turn drive the demand for agricultural products. Growth is major witnessed in China, India, and Japan's increase in purchasing power of the population.

 

This report includes   a series of leading companies such as Yara International,  ASA (Norway), Agrium Inc. (Canada), Coromandel International Limited (India), Potash Corp. of Saskatchewan Inc . (Canada), and Koch Industries Inc. (US).

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