Nitrogenous Fertilizers Market: Outlook, Global Size, Share, Price Trend, Top Worldwide Competitors, and Report 2022-2027

As per the latest report by IMARC Group, titled "Nitrogenous Fertilizers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on the global nitrogenous fertilizers market. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The global nitrogenous fertilizers market size reached US$ 65.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 85.6 Billion by 2027, exhibiting a growth rate (CAGR) of 4.6% during 2022-2027.

Nitrogenous fertilizers refer to inorganic nitrous compounds which are mainly utilized to improve the texture, color, growth rate, and quality of crops. Nitrogen acts as a preliminary building block for protoplasm and is applied in the process of photosynthesis. These fertilizers mostly contain varying amounts of ammonium sulfate, calcium ammonium nitrate, ammonium nitrate, urea, and other substances, which are mixed with animal manure. When used in specific quantities, they aid in rapid shoot growth, production of healthy flower buds, enhanced flower differentiation, and improved quality of fruit. As a result, nitrogenous fertilizers find widespread applications in soil improvement, foliar, and fertigation.

Request Free Sample Report: https://www.imarcgroup.com/nitrogenous-fertilizers-market/requestsample

Global Nitrogenous Fertilizers Market Trends:

The rising population and the decreasing arable land across the globe are among the primary factors driving the nitrogenous fertilizers market. Besides this, the launch of several policies by the government bodies to promote the usage of advanced compounds for higher yield is further augmenting the market growth. Moreover, the growing popularity of nitrogenous fertilizers for improved soil fertility and enhanced output of harvests, such as corn, rice, and sugarcane, owing to the escalating crop demand, is also catalyzing the global market.

Apart from this, the shortage of cultivable land, on account of the increasing urbanization and industrialization, is propelling the utilization of these compounds for maximizing productivity, which is acting as another significant growth-inducing factor. Furthermore, the elevating requirement for grain-based biofuels and the extensive research and development (R&D) activities to develop more efficient and eco-friendly variants are expected to bolster the nitrogenous fertilizers market in the coming years.

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/nitrogenous-fertilizers-market

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Yara International ASA
• Bunge Limited
• CF Industries Holdings, Inc.
• TogliattiAzot
• Nutrien Ltd.
• EuroChem Group
• OCI Nitrogen
• URALCHEM JSC
• ICL Specialty Fertilizers
• SABIC
• Indian Farmers Fertiliser Cooperative Ltd.
• Coromandel International Limited.
• Koch Industries, Inc.
• Hellagrolip SA
• Sinofert Holdings Limited
• CVR Partners LP

Key Market Segmentation:

Breakup by Crop Type:

• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Others

Breakup by Form:

• Liquid
• Dry
• Others

Breakup by Type:

• Urea
• Ammonium Nitrate
• Ammonium Sulfate
• Calcium Ammonium Nitrate (CAN)
• Others

Breakup by Mode of Application:

• Soil
• Foliar
• Fertigation
• Others

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Latest Research Reports by IMARC Group:

• Fruit Beer Market Report: https://www.imarcgroup.com/fruit-beer-market

• India Confectionery Market Report: https://www.imarcgroup.com/india-confectionery-market

• India Tomato Seed Market Report: https://www.imarcgroup.com/india-tomato-seed-market

• India Basmati Rice Market Report: https://www.imarcgroup.com/india-basmati-rice-market

• India Higher Education Market Report: https://www.imarcgroup.com/india-higher-education-market

• Burger Boxes Market Report: https://www.imarcgroup.com/burger-boxes-market

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.