DUBLIN – (COMMERCIAL THREAD)–The “Nitrogen Fertilizer Market Size, Share and Trend Analysis Report by Product (Urea, Methylene Urea, Ammonium Nitrate), by Application (Cereals & Grains, Oilseeds & Legumes), by Region and segment forecast, 2021-2028 “ the report was added to ResearchAndMarkets.com offer.
The global nitrogen fertilizer market size is estimated to be USD 82.0 billion by 2028. The market is expected to grow at a CAGR of 5.2% from 2021 to 2028. The growth can be attributed to the growing awareness of the maintenance of the nutritional balance of the soil in farmers. The increase in the world’s population has resulted in an increase in the annual crop yield, which has boosted the agricultural sector across the world.
Major manufacturers are investing heavily in R&D activities to launch new products and expand their product portfolios. Multinational companies are extending the reach of their products to a wider customer base by establishing retail outlets at strategic locations in various countries to assist farming communities in localities.
Asia-Pacific is expected to register significant growth in the coming years due to the presence of a large number of agrarian economies like India, China, Indonesia and others in the region. India and China are expected to dominate the market during the forecast period.
Highlights of the Nitrogen Fertilizer Market Report
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In 2020, urea merged as the dominant product segment contributing around 47.0% of the revenue share. This is attributed to its affordability compared to its other counterparts
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Ammonium sulfate was the second largest product segment and is expected to experience a CAGR of 4.1% by 2028, due to its high solubility and wide agricultural applications.
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The grains and grains segment dominated the market in terms of turnover and volume, due to the increasing demand for food crops such as wheat, corn, rice, barley and oats.
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In 2020, Asia-Pacific was the largest regional market due to advancements in farming methods and the presence of large farmlands in the region.
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In January 2021, the ICL group acquired Fertilaqua, a company specializing in plant nutrition for $ 122 million. This initiative aimed to increase ICL’s organic fertilizer sales by utilizing a strong market presence and distribution capabilities.
Companies mentioned
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Organic Waitaki
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Sorfert
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Bunge Limited
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Nutrien Ltd.
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Yara
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Omnia Holdings Limited
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Sasol
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Aquasol Nutri.
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Triomfsa
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Rolfes Agri (Pty) Ltd.
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OIC nitrogen
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ICL fertilizers
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Eurochem Group
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CF Industries Holdings, Inc.
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Koch Fertilizers, LLC
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Hellagrolip
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Coromandel International
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Haifa Negev Technologies Ltd.
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Notore Chemical Industries Plc
Main topics covered:
Chapter 1. Methodology and scope
1.1 Market segmentation and scope
1.2 Market definition
1.3 Information acquisition
1.4 Information analysis
1.5 Market formulation and data visualization
1.6 Data validation and publication
Chapter 2. Executive summary
2.1 Nitrogen Fertilizer Market Outlook
2.2 Sectoral outlook for nitrogen fertilizers
Chapter 3. Variables, Trends and Scope of Nitrogen Fertilizers Market
3.1 Market Lineage Outlook
3.1.1 Agrochemicals Market Outlook
3.1.2 Global Nitrogen Fertilizer Market Outlook
3.2 Mapping of penetration and growth prospects, 2017 – 2028
3.3 Industry Value Chain Analysis
3.3.1 Trends in commodities
3.3.2 Manufacturing / Technology Trends
3.3.3 Analysis of sales channels
3.3.4 Supplier selection criteria / Analysis of consumer purchases
3.4 Regulatory and political landscape
3.4.1 Standards and conformities
3.5 Supply and demand scenario
3.6 Price trend analysis, 2017 – 2028
3.7 Market dynamics
3.7.1 Analysis of the impact of market drivers
3.7.1.1 Growing demand for food crops
3.7.1.2 Growing awareness of fertilizer use
3.7.2 Analysis of the impact of market restrictions
3.7.2.1 Threat of substitutes due to environmental risks
3.7.3 Industry challenges
3.8 Industry Analysis Tools
3.8.1 Porter’s analysis
3.8.2 Macroeconomic analysis
Chapter 4. Nitrogen Fertilizer Market: Product Estimates and Trend Analysis
4.1 Analysis of Product Movement and Market Share, 2020 and 2028
4.2 Market Size, Forecast and Trend Analysis, 2017 – 2028
4.2.1 Urea
4.2.2 Methylene urea
4.2.3 Ammonium nitrate
4.2.4 Ammonium sulphate
4.2.5 Ammonia
4.2.6 Ammonium calcium nitrate
4.2.7 Others
Chapter 5. Nitrogen Fertilizer Market: Application Estimates and Trend Analysis
5.1 Analysis of Application Movement and Market Share, 2020 and 2028
5.2 Market Size, Forecast and Trend Analysis, 2017 – 2028
5.2.1 Cereals and cereals
5.2.2 Oilseeds and Legumes
5.2.3 Fruits and vegetables
5.2.4 Others
Chapter 6. Nitrification and urease inhibitors
6.1 Analysis of Application Movement and Market Share, 2020 and 2028
6.2 Analysis of regional movements and market share, 2020 and 2028
6.3 Market Size, Forecast and Trend Analysis, 2017 – 2028
6.3.1 Nitrification inhibitors
6.3.2 Urease inhibitors
Chapter 7. Nitrogen Fertilizer Market: Regional Estimates and Trend Analysis
7.1 Analysis of regional movements and market share, 2020 and 2028
7.2 Market Size, Forecast and Trend Analysis, 2017 – 2028
7.2.1 North America
7.2.2 Europe
7.2.3 Asia-Pacific
7.2.4 Central and South America
7.2.5 Middle East and Africa
Chapter 8. Nitrogen Fertilizer Market: Competitive Landscape
8.1 Recent developments and impact analysis, by major market players
8.2 Categorization of companies / competitions (key innovators, market leaders, emerging players)
8.3 Supplier landscape
8.3.2 List of major distributors and distribution partners
8.4 Market Positioning Analysis of Key Companies, 2020
8.5 Analysis of major transactions and strategic alliances
Chapter 9. Nitrogen Fertilizer Market: Company Profiles
For more information on this report, visit https://www.researchandmarkets.com/r/6gdb9a
