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Nitrogen Fertilizers Market In-deep Analysis and Experts Review Report 2020 (Based on 2020 COVID-19 Worldwide Spread) : Yara International, CF Industries Holdings Inc., PJSC Togliattiazot
The latest market report on Nitrogen Fertilizers Market 2019 offers an in-depth analysis of this business vertical involving key information concerning industry deliverables, predominantly market tendencies, market size, market share, present valuation, and profits estimations for the estimate period. The brief information regarding the industry also analyzes and elucidates the Nitrogen Fertilizers Market growth rate in the forecast timeline, incited by certain catalysts.The global Nitrogen Fertilizers Market was worth $ 54.61 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 7% and reach $70.62 billion by 2023.
Nitrogen Fertilizers Market: Overview
The nitrogen fertilzer market covered in this report is segmented by type into urea, calcium ammonium nitrate (CAN), ammonium nitrate, ammonium sulphate, ammonia, other nitrogenous fertilizers. It is also segmented by application into cereals & grains, oilseeds & pulses, fruits & vegetables, others.
Globally, governments are investing to uplift the agricultural sector, thereby contributing to the growth in demand for fertilizers. For example, in 2014, the government of India announced plans to invest INR 50,000 crore ($ 7.4 billion) to set up two new fertilizers plans and revive four fertilizers plants in different parts of the country. Also, INR 10,000 crore ($1.5 billion) was invested by the government to build a national gas grid to support the fertilizers plants with gas supply. Similarly, in 2014, the Chinese government announced a total fund of 122.2 billion yuan ($19.7 billion) as subsidies to farmers for the production of grains and purchase of agricultural production resources such as fertilizers and pesticides. The initiatives taken by government to promote agricultural sector will drive the fertilizers market.
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Major players in the Nitrogen Fertilizers Market are Yara International, CF Industries Holdings Inc., PJSC Togliattiazot, Nutrien Inc., OCI NV, Coromandel International Ltd, EuroChem Group, Koch Industries Inc., SABIC Group, Bunge Limited, and other.
Industry News:
"Bela" derives from the Old Norse word "beyla," meaning fertility.
The YaraBela nitrogen fertilizer range is a proven solution for the strong, prolonged growth of fertile crops; products that have been tried, tested and proven as a result of practical experience across a range of crops worldwide.
YaraBela nitrogen fertilizers comprise cost-effective sources of nitrogen and calcium to fuel growth and productivity. Most commonly packaged as bulk products, YaraBela fertilizers are widely used as dry applications on large-scale field crops.
They supply a balanced source of nitrogen, usually as a mix of ammonium and nitrate forms, to maximize soil fertility and boost growth processes and yield. This combination provides the best of both worlds; rapidly available nitrate for immediate growth, and slow-release ammonium for prolonged plant development.
Where formulated with calcium – as calcium ammonium nitrate (CAN) – YaraBela fertilizers also boost crop quality. This includes improved tuber quality in potatoes and better storability in high-quality brassica crops.
Geographic scope:
For comprehensive understanding of market dynamics, the global Nitrogen Fertilizers Market is analyzed across key geographies namely: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
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The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Nitrogen Fertilizers market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market and forecasting the future. Drivers and restraints looks at the external factors supporting and controlling the growth of the market.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers all the regions, key developed countries and major emerging markets. It draws comparisons with country populations and economies to understand the importance of the market by country and how this is changing.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section highlights the likely future developments in the market and suggests approaches companies can take to exploit this.
- The Nitrogen Fertilizers market section of the report gives context. It compares the Nitrogen Fertilizers market with other segments of the Nitrogen Fertilizers market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, Nitrogen Fertilizers indicators comparison.
Browse in-depth and report summary TOC on "Nitrogen Fertilizers Market"
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Note - All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
We Offer Customization On Report Based On Specific Client Requirement:
- Free country Level analysis for any 5 countries of your choice.
- Free Competitive analysis of any 5 key market players.
- Free 40 analyst hours to cover any other data point.
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