Analysis of COVID-19 Crisis-driven Growth Opportunities in Nitrapyrin Market

Global Nitrapyrin Market: Overview

Nitrapyrin is an organic white crystalline solid, which is commonly used as a nitrification inhibitor in agriculture. The combination of nitrapyrin and urea, or other ammonia containing fertilizers significantly lessen nitrogen loss from the soil. Nitrapyrin retains the fertilizer-applied nitrogen in the substrate in a form which is resistant to loss from the soil structure, but is readily available to the crops. Nitrapyrin delays the nitrification process by inhibiting the bacteria responsible for the conversion of ammonia to nitrite. In this manner, nitrapyrin controls the loss of soil nitrogen through gaseous emissions, leaching, or runoff. Nitrapyrin is formulated either as an emulsifiable concentrate or as a capsule suspension. For instance, DowDuPont Inc’s INSTINCT nitrapyrin is formulated as a capsule, while N-SERVE nitrapyrin is formulated as an emulsifiable concentrate.

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Global Nitrapyrin Market: Trends & Developments

Nitrapyrin usage augments grain protein, enhances crop drydown, increases agricultural harvest, and diminishes the threat of stalk rot. These benefits are likely to boost the demand for nitrapyrin during forecast period. The U.S. Environmental Protection Agency (EPA) has approved nitrapyrin for the use on wheat crops and sorghum corn. Nitrapyrin usage increases crop yields by retaining nitrogen in the root zone. According to the United Nations, the world population is projected to surpass 9.1 billion by 2050. High population amid the scarcity of arable land is anticipated to increase the demand for rich agricultural yields in the near future. This, in turn, is likely to boost demand for nitrapyrin.

According to the European Commission’s estimates, approximately half of anthropogenic nitrous oxide releases are originated from the agriculture sector across the globe. Agriculture is an important sector for controlling the emissions of nitrous oxide, which is a potent greenhouse gas. Nitrapyrin inclusion in the agricultural system contributes to the climate change mitigation.

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Global Nitrapyrin Market: Drivers & Restraints

Nitrapyrin reduces nitrous dioxide emissions from the soil and increase the storage of ammonium in the soil. Ammonia emissions is a threat to the global ecosystem. However, ammonia emissions can be controlled with the use of urease inhibitors and nitrification inhibitors. Stringent regulatory framework concerning application of nitrification inhibitor is likely to restrain the nitrapyrin market during forecast period. Based on application, the global nitrapyrin market can be classified into oilseeds & pulses, cereals & grains, fruits & vegetables, and others.

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Global Nitrapyrin Market: Regional Outlook

In terms of region, the global nitrapyrin market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is likely to be key rejoin for the nitrapyrin market during the forecast period. However, Asia Pacific is expected to constitute a large share of the global nitrapyrin market during the forecast period. Rise in demand for high agricultural yield due to growing population is expected to be a key factor fueling the demand for nitrapyrin market in the region by 2027. Factors such as increasing usage of controlled release fertilizers (CRFs) and technological progressions in farming techniques are expected to create significant opportunities in nitrapyrin market in Asia Pacific during the forecast period.

Global Nitrapyrin Market: Key Players

The global nitrapyrin market was highly consolidated in 2018 with strong presence of DowDuPont Inc. and Merck KGaA. However, several small- and medium-scale manufacturers such as Zhejiag Aofutuo Chemicals, Jinan finer chemical Co., Ltd., and Jubilant Life Sciences Ltd. operate in the nitrapyrin market in Asia Pacific.

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