Nitrogenous Fertilizers Market Size, Share, Analysis Report

Nitrogenous Fertilizers Market By Type Analysis (Urea, Ammonium nitrate, Ammonium sulfate, Calcium ammonium nitrate (CAN)); By Crop Type Analysis (Cereals & grains, Oilseeds & pulses, Fruits & vegetables); By Mode of Application Analysis (Soil, Foliar, Fertigation) and By Regional Analysis – Global Forecast by

The Nitrogenous Fertilizers Market is expected to be around US$ 144.80 Billion by 2028 at a CAGR of 2.33% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • grium Inc
  • Coromandel International Limited
  • Yara International ASA
  • Potash Corp. Of Saskatchewan Inc
  • Koch Industries Inc
  • Study period:

    2023-2028

    Base Year:

    2022

    CAGR:

    2

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    Nitrogen is an idle gas present 78% in the earth’s atmosphere. Though nitrogen is available in huge quantity in the environment, only a couple of plants have the capability to absorb and usage the same. Nitrogenous fertilizers were used from very ancient times.Mineral and natural substances utilized as a wellspring of nitrogen sustenance for plants.Nitrogen fertilizers are viable methods for expanding crop yield and profitability, particularly in the nonchernozem zone, moist areas of the backwoods steppe, and the zone of watered farming where the dirts don’t contain enough nitrogen. Nitrogen fertilizers are specially used as a supplementary for the crops. The preparation rates shift with soil conditions, natural qualities of the harvests, and accessible supply of excrement or other natural manures. Nitrogen fertilizers are inorganic in nature and are mostly utilized in the agriculture industry for harvesting. It contains nitrous compounds for instance ammonium sulfate, ammonium nitrate, calcium ammonium nitrate and other compounds in minor proportions.

    How Big is the Global Nitrogenous Fertilizers Market?

    The Nitrogenous Fertilizers Market is expected to be around US$ 144.80 Billion by 2028 at a CAGR of 2.33% in the given forecast period.

    The major driving factors of Nitrogenous Fertilizes Market are as follows:

    • Requirement to rise productivity and to level yield & fertilizer intensity gaps across regions
    • Growing knowledge on soil profile and nutritional balance, backed by state support

    The restraining factors of Nitrogenous Fertilizes Market are as follows:

    • Growing trend of natural & organic consumption
    • Unfavorable regulatory systems
    • Environmental changes

    The Nitrogenous Fertilizes Market is segmented on the lines of its type, crop type, mode application and regional. Based on type segmentation it covers urea, ammonium nitrate, ammonium sulfate, calcium ammonium nitrate (CAN), Other nitrogenous fertilizers (NPK blends, potassium nitrate, diammonium phosphate (DAP), monoammonium phosphate (MAP), and other nitrogen & phosphate compounds). Based on crop type segmentation it covers cereals & grains, oilseeds & pulses, fruits & vegetables, other crops (floriculture crops, permanent crops, plantation crops, pastures, grasslands, and other agricultural cultivation). Based on mode application segmentation it covers soil, foliar, fertigation, others (aerial application, basal application, and starter solution). The Nitrogenous Fertilizes Marketon geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

    This report provides:

    1) An overview of the global market for Nitrogenous Fertilizes Market and related technologies.
    2) Analyses of global market trends, with data from 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2028.
    3) Identifications of new market opportunities and targeted promotional plans for Nitrogenous Fertilizes Market.
    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry.

    REPORT SCOPE:

    The scope of the report includes a detailed study of global and regional markets on Nitrogenous Fertilizes Market with the reasons given for variations in the growth of the industry in certain regions.
    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Agrium Inc. (Canada), Coromandel International Limited (India), Yara International ASA (Norway), Potash Corp. Of Saskatchewan Inc. (Canada), and Koch Industries Inc. (U.S.A.).Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
    The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

    The Nitrogenous Fertilizes Market has been segmented as below:

    By Type Analysis:

    • Urea
    • Ammonium nitrate
    • Ammonium sulfate
    • Calcium ammonium nitrate (CAN)
    • Other nitrogenous fertilizers (NPK blends, potassium nitrate, diammonium phosphate (DAP), monoammonium phosphate (MAP), and other nitrogen & phosphate compounds)

    By Crop Type Analysis:

    • Cereals & grains
    • Oilseeds & pulses
    • Fruits & vegetables
    • Other crops (floriculture crops, permanent crops, plantation crops, pastures, grasslands, and other agricultural cultivation)

    By Mode of Application Analysis:

    • Soil
    • Foliar
    • Fertigation
    • Others (aerial application, basal application, and starter solution)

    By Regional Analysis:

    North America
    Europe
    Asia-Pacific
    Rest of the World

    Reasons to Buy this Report:

    1) Obtain the most up to date information available on all Nitrogenous Fertilizes Market.
    2) Identify growth segments and opportunities in the industry.
    3) Facilitate decision making on the basis of strong historic and forecast of Nitrogenous Fertilizes Market data.
    4) Assess your competitor’s refining portfolio and its evolution.

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    1    INTRODUCTION       

        1.1    Key Take Aways    
        1.2    Report Description    
        1.3    Markets Covered    
        1.4    Stakeholders    
        1.5    Research Methodology    
            1.5.1    Market Size    
            1.5.2    Market Share    
            1.5.3    Key Data Points From Secondary Sources    
            1.5.4    Key Data Points From Primary Sources
     

    2 Research Methodology 

        2.1 Introduction 
        2.2 Research Data 
               2.2.1 Secondary Data
                        2.2.1.1 Key Data From Secondary Sources
               2.2.2 Primary Data
                        2.2.2.1 Key Data From Primary Sources
                        2.2.2.2 Key Industry Insights
                        2.2.2.3 Breakdown of Primaries
        2.3 Macro Indicators 
               2.3.1 Shrinking Arable Land Area
               2.3.2 Growth in Global Population
               2.3.3 Rising Food Prices
               2.3.4 Increased Reliance on Use of Fertilizers for Productivity Enhancement
               2.3.5 Expected Improvement in Non-Fuel Commodity Prices
               2.3.6 Downward Trend in Input Prices
               2.3.7 Regulatory, Fiscal, and Trade Policy Developments
        2.4 Market Size Estimation 
        2.5 Market Breakdown & Data Triangulation 
        2.6 Research Assumptions and Limitations 
               2.6.1 Assumptions
               2.6.2 Limitations

    3 Executive Summary 

    4 Premium Insights 

        4.1 Attractive Opportunities in this Market 
        4.2 Nitrogenous Fertilizers Markets, By Key Country 
        4.3 Life Cycle Analysis: Nitrogenous Fertilizers Market, By Region 
        4.4 Nitrogenous Fertilizers Market, By Type 
        4.5 Largest and Fastest Growing Nitrogenous Fertilizers Markets, 2018 vs 2024
        4.6 Nitrogenous Fertilizers Market, By Type & Region 
        4.7 Asia-Pacific Nitrogenous Fertilizers Market, By Country & Crop Type 
        4.8 Nitrogenous Fertilizers Market, By Mode of Application

    5 Market Overview 

        5.1 Introduction 
        5.2 Market Segmentation 
               5.2.1 By Type
               5.2.2 By Crop Type
               5.2.3 By Mode of Application
               5.2.4 By Form
               5.2.5 By Region
        5.3 Market Dynamics 
               5.3.1 Drivers
                        5.3.1.1 Need to Increase Productivity and to Level Yield & Fertilizer Intensity Gaps Across Regions
                        5.3.1.2 Rising Awareness About Soil Profile and Nutritional Balance, Backed By State Support
               5.3.2 Restraints
                        5.3.2.1 Increasing Trend of Organic Consumption
               5.3.3 Opportunities
                        5.3.3.1 Rising Input Demand as A Result of Increasing Investment in Agriculture, Especially in Africa
               5.3.4 Challenges
                        5.3.4.1 Environmental Concerns
                        5.3.4.2 Unfavorable Regulatory Stance

    6 Industry Trends 

        6.1 Trade Analysis 
        6.2 Supply Chain 
        6.3 Porter’s Five Force Analysis 
               6.3.1 Threat From New Entrants
               6.3.2 Threat of Substitutes
               6.3.3 Bargaining Power of Suppliers
               6.3.4 Bargaining Power of Buyers
               6.3.5 Intensity of Competitive Rivalry

    7 Nitrogenous Fertilizers Market, By Type 

        7.1 Introduction 
        7.2 Urea 
        7.3 Ammonium Nitrate 
        7.4 Ammonium Sulfate 
        7.5 Ammonia 
        7.6 Calcium Ammonium Nitrate (CAN) 
        7.7 Others

    8 Nitrogenous Fertilizers Market, By Form 

        8.1 Introduction 
        8.2 Dry 
        8.3 Liquid 
        8.4 Other Forms

    9 Nitrogenous Fertilizers Market, By Crop Type 

        9.1 Introduction 
        9.2 Cereals & Grains 
        9.3 Oilseeds & Pulses 
        9.4 Fruits & Vegetables 
        9.5 Others

    10 Nitrogenous Fertilizers Market, By Mode of Application 

         10.1 Introduction 
         10.2 Soil 
         10.3 Foliar 
         10.4 Fertigation 
         10.5 Others

    11 Nitrogenous Fertilizers Market, By Region 

         11.1 Introduction 
         11.2 North America 
                 11.2.1 U.S.
                 11.2.2 Canada
                 11.2.3 Mexico
         11.3 Europe 
                 11.3.1 U.K.
                 11.3.2 Germany
                 11.3.3 France
                 11.3.4 Italy
                 11.3.5 Spain
                 11.3.6 Rest of Europe
         11.4 Asia-Pacific 
                 11.4.1 China
                 11.4.2 India
                 11.4.3 Japan
                 11.4.4 Rest of Asia-Pacific
         11.5 South America 
                 11.5.1 Brazil
                 11.5.2 Argentina
                 11.5.3 Rest of South America
         11.6 Middle East & Africa 
                 11.6.1 Africa
                 11.6.2 Middle East

    12 Competitive Landscape 

         12.1 Overview 
         12.2 Competitive Situations & Trends 
                 12.2.1 Acquisitions
                 12.2.2 Expansions
                 12.2.3 Investments & Divestments
                 12.2.4 Agreements
                 12.2.5 Collaborations & Joint Ventures
                 12.2.6 New Product Launches
         12.3 Vendor Analysis 
         12.4 Ranking Analysis, By Company

    13 Company Profiles

         13.1 Introduction 
         13.2 Bunge Limited 
         13.3 Agrium Inc. 
         13.4 Yara International ASA 
         13.5 Potash Corp. of Saskatchewan, Inc. 
         13.6 Eurochem Group AG 
         13.7 CF Industries Holdings Inc. 
         13.8 Sinofert Holdings Limited. 
         13.9 Coromandel International Ltd. 
         13.10 CVR Partners, LP 
         13.11 Koch Industries, Inc.

    The Nitrogenous Fertilizes Market has been segmented as below:

    By Type Analysis:

    • Urea
    • Ammonium nitrate
    • Ammonium sulfate
    • Calcium ammonium nitrate (CAN)
    • Other nitrogenous fertilizers (NPK blends, potassium nitrate, diammonium phosphate (DAP), monoammonium phosphate (MAP), and other nitrogen & phosphate compounds)

    By Crop Type Analysis:

    • Cereals & grains
    • Oilseeds & pulses
    • Fruits & vegetables
    • Other crops (floriculture crops, permanent crops, plantation crops, pastures, grasslands, and other agricultural cultivation)

    By Mode of Application Analysis:

    • Soil
    • Foliar
    • Fertigation
    • Others (aerial application, basal application, and starter solution)

    By Regional Analysis:

            North America
            Europe
            Asia-Pacific
            Rest of the World

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    The market is expected to grow at a CAGR of 2.33% during the study period (2023-2028)
    The Nitrogenous Fertilizers Market is expected to be around US$ 144.80 Billion by 2028
    The segment included in the Nitrogenous Fertilizers Market is Type, Crop Type, Mode of Application and region.
    Some key players operating in the Nitrogenous Fertilizers Market include Agrium Inc. (Canada), Coromandel International Limited (India), Yara International ASA (Norway), Potash Corp. Of Saskatchewan Inc. (Canada), and Koch Industries Inc
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