Nitrogenous Fertilizers Market: Introduction
Nitrogen is an essential nutrient element for the growth of crops and most of the nitrogen utilised by the plants is derived from synthetic nitrogen fertilizers. It is basically made from ammonia which is produced by Haber Bosch process. In this process the natural gas supplies the hydrogen and the nitrogen is derived from the air.
Nitrogenous Fertilizers Market: Market Overview
The nitrogenous fertilizers market has gained sustainable growth owing to rising investment in research and development in agriculture sector and increasing demand of food and production globally.
The global nitrogenous fertilizers market is estimated and forecasted in terms of volume (KT) and revenue (USD million) generated by the market.
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Nitrogenous Fertilizers Market: Segmentation
Based on type, the nitrogenous fertilizers market is bifurcated into urea, ammonium nitrate, ammonium sulphate, ammonia and calcium ammonium nitrate (CAN) and others including NPK blends, potassium nitrate, diammonium phosphate (DAP), monoammonium phosphate (MAP), etc.
By form, the global nitrogenous fertilizers market is bifurcated into dry and liquid.
Based on crop type, the market is segmented into cereals & grains, oilseeds & pulses, fruits & vegetables and others.
Based on mode of application, the market is segmented into soil, foliar, fertigation and others. Among these, the fertigation segment is expected to account for largest share during the forecast period. The significant shift of farmers towards technological farming from traditional framing is primarily attributed to the rising adaptation of fertigation mode of application.
By geography, the global nitrogenous fertilizers market is studied across the countries of key regions such as, North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
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Some of the key participants of the global nitrogenous fertilizers market are,
Bunge Limited, Agrium Inc., Bunge Ltd, CF Industries Holdings Inc, Coromandel International Ltd, CVR Partners, LP, Eurochem Group AG, Indian Farmers Fertiliser Cooperative, Koch Industries, Inc, Nufarm Ltd, Potash Corporation of Saskatchewan, Sinofert Holdings Limited, SQM and Yara International ASA. Agrium Inc and Potash Corporation of Saskatchewan are among the leading manufacturers of nitrogenous fertilizers globally.
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