Global Nitrogen Fertilizers Market Growth Prospects, Future Industry Landscape 2031

The global nitrogen fertilizer market report by the business research company urea market is witnessing to be a major growth driver for the nitrogen fertilizer market. Urea is an easily water-soluble compound that consists of 46% of nitrogen and it can be stored, transported, and handled easily. It increases soil productivity and soil nutrients. According to International Fertilizers Association (IFA), global urea capacity is going to increase by a net of 17 metric tons by volume for each year and the total production is estimated as 226 metric tonnes by 2021. Thus, the expected increase in the production of urea promotes the sales of nitrogen fertilizers market.

The global nitrogen fertilizer market size is expected to grow from $81.51 billion in 2021 to $87.76 billion in 2022 at a compound annual growth rate (CAGR) of 7.7%. The global nitrogen fertilizer market size is expected to grow to $115.82 billion in 2026 at a CAGR of 7.2%.

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Asia Pacific was the largest region in the nitrogen fertilizer market in 2021. North America was the second-largest region in the global nitrogen fertilizer market. The regions covered in the global nitrogen fertilizer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Major players in the nitrogen fertilizer market are Yara International, CF Industries Holdings Inc, PJSC Togliattiazot, Nutrien Inc, OCI NV, Coromandel International Ltd, EuroChem Group, Koch Industries Inc, SABIC Group, and Bunge Limited.

The global nitrogen fertilizer market is segmented -
1) By Type: Urea, Calcium Ammonium Nitrate (CAN), Ammonium Nitrate, Ammonium Sulphate, Ammonia, Other Nitrogenous Fertilizers
2) By Form: Liquid, Dry, Other Forms
3) By Treatment: Soil, Foliar, Fertigation, Other Treatments
4) By Application: Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Other Applications

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The Nitrogen Fertilizer Market Report Contents Include
1. Executive Summary
2. Nitrogen Fertilizers Market Characteristics
3. Nitrogen Fertilizers Market Trends And Strategies
4. Impact Of COVID-19 On Nitrogen Fertilizers
5. Nitrogen Fertilizers Market Size And Growth
....
26. Africa Nitrogen Fertilizer Market
27. Nitrogen Fertilizer Market Competitive Landscape And Company Profiles
29. Key Mergers And Acquisitions In The Nitrogen Fertilizers Market
29. Nitrogen Fertilizers Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the Nitrogen Fertilizer market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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