5th Floor, Rajapushpa Summit
Nanakramguda Rd, Financial District, Gachibowli
Hyderabad, Telangana - 500008
The market is segmented by Type (Urea, Calcium Ammonium Nitrate (CAN), Ammonium Nitrate, Ammonium Sulphate, Ammonia, and Other Nitrogenous Fertilizers); by Application (Grains and Cereals, Pulses and Oilseeds, Fruits and Vegetables, Turf and Ornamentals and Other Applications); and Geography (North America, Europe, Asia-Pacific, South America, and Africa).
Fastest Growing Market:
The global nitrogenous market is projected to grow at a CAGR of 3.2% during the forecast period (2020-2025).
The International Fertilizer Association defines a fertilizer as “any solid, liquid, gaseous substance containing one or more plant nutrient in known amount, which is applied to soil, directly on plants, or added in aqueous solutions (as in fertigation) to maintain soil fertility, improve crop development, yield, and/or crop quality". The corporations in the fertilizer industry operate in B2B, as well as B2C business format. To eliminate any ‘double-count’ error in market estimations, bulk buyers procuring fertilizers for retail sale, after value addition through further processing, are not considered as part of the fertilizer market.
The market is segmented by type into urea, calcium ammonium nitrate (CAN), ammonium nitrate, ammonium sulphate, ammonia, and other nitrogenous fertilizers. By application the market is fragmented into grains and cereals, pulses and oilseeds, fruits and vegetables, turf and ornamentals and other applications. Further thu study also inclides segmentation by geography, into North America, Europe, Asia-Pacific, South America, and Middle East and Africa.
|Calcium Ammonium Nitrate (CAN)|
|Other Nitrogenous Fertilizers|
|Grains and Cereals|
|Pulses and Oilseeds|
|Fruits and Vegetables|
|Turf and Ornamentals|
Report scope can be customized per your requirements. Click here.
Urea is the most widely used nitrogenous fertilizer across the world, primarily because of the high nitrogen content (46%). China and India are the largest producers and consumers of urea in the world. The major exporters of urea are countries rich in natural gas, especially those in the GCC region. According to the International Fertilizer Association (IFA), the global demand for urea is expected to increase at 1.6% per annum, to reach 188 million metric ton, by 2022, while the supply (effective capacity) may reach 197 million metric ton. Over the course of the forecast period, the regional demand for urea is projected to increase in all regions, except Europe, with Latin America, South Asia, and Southeast Asia being the largest contributors.
To understand key trends, Download Sample Report
The Asia-Pacific region holds the largest share among all regions in the nitrogenous fertilizer market, accounting for 60% of the total global nitrogenous fertilizer usage. China and India share the largest consumption share in the Asia-Pacific fertilizer market, with China alone accounting for more than 50% of the consumption in the region. In 2018, rice production in Asia used the highest quantity of nitrogenous fertilizer, accounting for 35% of the total consumption. Oil palm, the second-largest consumer of nitrogenous fertilizer, accounted for 17% of the total fertilizer consumption. Rice and oil palm production growths are expected to remain robust, driven by population and economic growth in the region.
To understand geography trends, Download Sample Report.
The nitrogenous fertilizer market is fragmented and has a significant presence of various small and large manufacturers. The top three companies have just about 15% of the nitrogenous fertilizer production capacity. However, there has been a little consolidation of the market over the past five years, especially in Europe and North America. The fragmented nature of the market is due to the wide availability of raw material required for the manufacture of nitrogenous fertilizers.
1.1 Study Deliverables
1.2 Study Assumptions and Maret Definition
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1.2 Calcium Ammonium Nitrate (CAN)
5.1.3 Ammonium Nitrate
5.1.4 Ammonium Sulphate
5.1.6 Other Nitrogenous Fertilizers
5.2.1 Grains and Cereals
5.2.2 Pulses and Oilseeds
5.2.3 Fruits and Vegetables
5.2.4 Turf and Ornamentals
5.2.5 Other Applications
5.3.1 North America
126.96.36.199 United States
188.8.131.52 Rest of North America
184.108.40.206 United Kingdom
220.127.116.11 Rest of Europe
18.104.22.168 Rest of Asia-Pacific
5.3.4 South America
22.214.171.124 Rest of South America
5.3.5 Middle East and Africa
126.96.36.199 South Africa
188.8.131.52 Rest of Middle East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Yara International ASA
6.3.2 CF Industries Holdings Inc.
6.3.4 Nutrien Inc.
6.3.5 UralChem JSC
6.3.6 OCI NV
6.3.7 Indian Farmers Fertiliser Cooperative
6.3.8 Coromandel International Ltd
6.3.9 EuroChem Group
6.3.10 Koch Industries Inc.
6.3.11 SABIC Group
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. IMPACT OF COVID-19 ON THE MARKET
** Subject to Availability