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COVID-19 Impact on NPK Fertilizers Market 2020-2021: Nutrien Ltd, Yara International ASA, ICL and Others.
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Post COVID-19, the NPK Fertilizers Market size is estimated to grow from USD 87.2 Billion in 2020 to USD 88.7 Billion by 2021, at a CAGR of 1.8% from 2020 to 2021.
Top Key Players Profiled in the Digital Agriculture Market:
• Nutrien Ltd. (Canada)
• Yara International ASA (Norway)
• ICL (Israel)
"By nutrient type, nitrogenous fertilizers segment to hold the largest market share between 2020 and 2025."
Nitrogenous fertilizers contain nitrogen in ammonia, ammonium nitrate, nitrate, and amide forms. Nitrate form is required by most crop plants, while paddy requires nitrogen in ammonical form. Nitrate fertilizers are readily soluble in water and are quickly available for plant uptake. Amide fertilizers include urea, which contains a high nitrogen level and is used for acidifying soils.
"By crop type, cereals & grains segment to hold the largest market share during the forecast period."
Wheat and other cereal crops are consumed as a major staple food across the world. According to the FAO, ~60% of the corn cultivated across the globe was used as feed in 2016.
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"Asia Pacific expected to hold the largest share of the NPK fertilizers market during the forecast period."
Asia Pacific is estimated to account for the largest share of the NPK fertilizers market during the forecast period. According to the FAO, in 2018, the Asia Pacific region was the largest consumer of fertilizers in the world. The share of Asia in world consumption of nitrogen is 62.1%, phosphate 57.6%, and potash 46.4%.
Breakdown of primary participants’ profile:
• By Company Type: Tier 1 – 55 %, Tier 2 – 20%, and Tier 3 –25%
• By Designation: C-level Executives – 40%, Directors – 35%, Others – 25%
• By Geography: North America – 10%, Europe – 20%, APAC – 40%, and RoW – 30%
Research Coverage:
This report covers the COVID-19 impact on the NPK fertilizers market based on nutrient type, crop type, and geography. A detailed analysis of the key industry players has been carried out to provide insights into their business, products, and services, and key strategies associated with the NPK fertilizers market.
List of Tables:
Table 1 Covid-19 Impact On Npk Fertilizers Market, By Nutrient Type, 2020–2025 (Usd Million)
Table 2 Nitrogenous Fertilizers: Covid-19 Impact On Npk Fertilizers Market, By Region, 2020–2025 (Usd Million)
Table 3 Phosphate Fertilizers: Covid-19 Impact On Npk Fertilizers Market, By Region, 2020–2025 (Usd Million)
Table 4 Potash Fertilizers: Covid-19 Impact On Npk Fertilizers Market, By Region, 2020–2025 (Usd Million)
Table 5 Covid-19 Impact On Npk Fertilizers Market, By Crop Type, 2020–2025 (Usd Million)
Table 6 Cereals & Grains: Covid-19 Impact On Npk Fertilizers Market, By Region, 2020–2025 (Usd Million)
Table 7 Oilseeds & Pulses: Covid-19 Impact On Npk Fertilizers Market, By Region, 2020–2025 (Usd Million)
Table 8 Fruits & Vegetables: Covid-19 Impact On Npk Fertilizers Market, By Region, 2020–2025 (Usd Million)
Table 9 Other Crop Types: Covid-19 Impact On Npk Fertilizers Market, By Region, 2020–2025 (Usd Million)
Table 10 Covid-19 Impact On Npk Fertilizers Market, By Region, 2020–2025 (Usd Million)
Table 11 Asia Pacific: Covid-19 Impact On Npk Fertilizers Market, By Country, 2020–2025 (Usd Million)
Table 12 Asia Pacific: Covid-19 Impact On The Npk Fertilizers Market, By Nutrient Type, 2020–2025 (Usd Million)
Table 13 Asia Pacific: Covid-19 Impact On The Npk Fertilizers Market, By Crop Type, 2020–2025 (Usd Million)
Table 14 Europe: Covid-19 Impact On Npk Fertilizers Market, By Country, 2020–2025 (Usd Million)
Table 15 Europe: Covid-19 Impact On Npk Fertilizers Market, By Nutrient Type, 2020–2025 (Usd Million)
Table 16 Europe: Covid-19 Impact On Npk Fertilizers Market, By Crop Type, 2020–2025 (Usd Million)
Table 17 Us: Covid-19 Impact On Npk Fertilizers Market, By Nutrient Type, 2020–2025 (Usd Million)
Table 18 Us: Covid-19 Impact On Npk Fertilizers Market, By Crop Type, 2020–2025 (Usd Million)
Table 19 Rest Of The World: Covid-19 Impact On Npk Fertilizers Market, By Country, 2020–2025 (Usd Million)
Table 20 Rest Of The World: Covid-19 Impact On Npk Fertilizers Market, By Nutrient Type, 2020–2025 (Usd Million)
…and More
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