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Nitrogenous Fertilizer Market 2023 - Key Players, Analysis, Growth, Opportunities And Outlook By 2032
Nitrogenous Fertilizer Market
As per the Nitrogenous Fertilizer Global market report by The Business Research Company, the increasing demand for fertilizers is driving the nitrogenous fertilizers market. Fertilizers are a substance that contains chemical components that help plants grow and produce more. The demand for fertilizers is constantly increasing, as it has potential to restore chemical elements that previous crops removed from the soil or increase the land's inherent fertility.
The global nitrogenous fertilizer market size grew from $67.21 billion in 2022 to $71.02 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The nitrogenous fertilizer market size is expected to grow to $88.68 billion in 2027 at a CAGR of 5.7%.
Read More On The Nitrogenous Fertilizer Global Market Report Here:
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Major competitors in the Nitrogenous Fertilizer Global market include Kynoch Fertilizer, Sorfert Algerie Spa, OCI Nitrogen, Nutrien Ltd., Yara Fertilisers India Private Limited, Rolfes Agri (Pty) Ltd., SABIC Group, Koch Fertilizer, LLC, Triomf SA, ICL Fertilizers, Eurochem Group AG, CF Industries Holdings Inc., Sinofert Holdings Limited.
The Nitrogenous Fertilizer Global market is segmented -
• By Type: Urea, Ammonium Nitrate, Ammonium Sulfate, Calcium ammonium nitrate (CAN), Others Types
• Crop Type: Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, Others Crops
• Form: Dry, Liquid
• Application: Soil, Foliar, Fertigation, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Nitrogenous Fertilizer Global market.
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Nitrogenous fertilizer refer to mineral and organic substances utilized as a source of nitrogen nutrition for plants. It comprises a chemical composition in which nitrogen makes up a higher percentage than any other nutrient. Nitrogen is present in fertilizers frequently used in crop production as nitrate, ammonia, ammonium, or urea. The main types of nitrogenous fertilizers are urea, ammonium nitrate, ammonium sulfate, calcium ammonium nitrate (CAN), and other types.
The Table Of Content For The Nitrogenous Fertilizer Global Market Include:
1. Executive Summary
2. Nitrogenous Fertilizers Market Characteristics
3. Nitrogenous Fertilizers Market Trends And Strategies
4. Nitrogenous Fertilizers Market - Macro Economic Scenario
5. Nitrogenous Fertilizers Market Size And Growth
6. Nitrogenous Fertilizers Market Segmentation
.............
26. Africa Nitrogenous Fertilizers Market
27. Nitrogenous Fertilizers Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Nitrogenous Fertilizers Market
29. Nitrogenous Fertilizers Market Future Outlook and Potential Analysis
30. Appendix
The "Global Nitrogenous Fertilizer Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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