Nitrogen is a vital nutrient required by all crop plants for growth and development. Nitrogen is present in large quantities in nature, but only a few crop plants are able to exchange atmospheric nitrogen that is useable.
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The North American market for nitrogenous fertilizers had been valued at $15,401.5 million in 2013, and is expected to grow at 2.5% annually, to reach $17,451.6 million by 2018. The North American market constituted 15.0% of the global nitrogenous fertilizers market in 2013, and the market share is projected to grow to 15.3% by 2018.
The nitrogenous fertilizer market is highly consolidated and rationalized. Nations that have a constricted supply-demand status of fertilizers discourage the export of these. Bans and higher duties on fertilizer are made to meet their domestic demand and also frequent change in policies restricts manufacturers to expand their business aggressively.
Nitrogenous fertilizers are inorganic in nature and contain nitrous compounds such as ammonium nitrate, ammonium sulfate, calcium ammonium nitrate, and others.
This report provides a competitive landscape of the top players in the North American nitrogenous fertilizers market. Under the strategic benchmarking section, we will provide you with their key developments along with the impacts that include new product developments, M&A, a strategic focus on any specific application, technology, and geography. Under the Financials section, we will provide you with details that span Capex (Investments), revenues, EBITDA, and so on. Under the operational insights section, we will provide you with the new capacities added, new centers, and new key employments. Under the sales and marketing section, we will provide you with insights on new contracts (available on the public domain), new distribution channels added, new marketing initiatives, and so on.