Press release
Nitrogenous Fertilizers Market Share, Size, Growth & Forecast 2021
According to the report “Nitrogenous Fertilizers Market", published by Market Data Forecast, the Latin America market is projected to reach $12.53 billion by 2021, at a CAGR of 3.12% from 2016 to 2021Nitrogen is the most essential nutrient needed for the plants for their growth and development. Though available in abundance in the environment, it is not promptly taken by all plants.
Nitrogenous fertilizers are inorganic in nature and are typically utilised in the agriculture industry. It consists of nitrous complexes such as Calcium Nitrate, ammonium sulphate, calcium ammonium nitrate and other compounds in minute amounts. Fertility of soil and the type of crop used are the factors that decide the amount of nitrogenous fertilizers required.
The rise of the Latin America Nitrogenous Fertilizers market is majorly driven by factors such as rising disposable income, increasing population, and high efficiency of nitrogenous fertilizers. However, different regulatory structures, volatile economies, and various environmental and health hazards linked with nitrogen-based fertilizers are the major restraining factors for the market. Also, an increase in the cost of raw materials is a major challenge for the companies in the market.
Free sample of the report is available at http://www.marketdataforecast.com/market-reports/latin-america-nitrogenous-fertilizers-market-919/request-sample
The Nitrogenous Fertilizers Market is segmented as following:
Based on Ingredients
• Urea
• Ammonium Nitrate
• Ammonium Chloride
• Sodium Nitrate
• Ammonium Sulphate
• Calcium Nitrate
• Calcium Ammonium Nitrate (CAN)
• Other Nitrogenous Fertilizers
Based on Application
• Crop Based
• Oil seeds
• Fruits & Vegetables
• Grains & Cereals
• Non Crop Based
• Turf & Ornamental Grass
• Others
The major companies dominating this market are Agrium Inc., Coromandel International Ltd., Potash Corp., KOCH Industries Inc., CF Industries Holdings Inc., CVR Partners, Lp., Bunge Ltd., Sinofert Holdings Ltd., Eurochem, and Yara International ASA.
Enquire more about the report here http://www.marketdataforecast.com/market-reports/latin-america-nitrogenous-fertilizers-market-919/inquire
The Nitrogenous Fertilizers Market study offers the following deliverables:
• Latin America, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the Latin America market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in the Agrochemicals Segment:
Latin America Bio Pesticide Market: http://www.marketdataforecast.com/research-reports/agriculture/agrochemicals-8/market-reports/latin-america-bio-pesticide-market-497/
Latin America Biofertilizers Market: http://www.marketdataforecast.com/research-reports/agriculture/agrochemicals-8/market-reports/latin-america-biofertilizers-market-1367/
Latin America Controlled Release Fertilizers Market: http://www.marketdataforecast.com/research-reports/agriculture/agrochemicals-8/market-reports/latin-america-controlled-release-fertilizers-market-969/
Latin America Crop Protection Pesticides market: http://www.marketdataforecast.com/research-reports/agriculture/agrochemicals-8/market-reports/latin-america-crop-protection-pesticides-market-458/
Latin America Feed Mineral Market: http://www.marketdataforecast.com/research-reports/agriculture/agrochemicals-8/market-reports/latin-america-feed-mineral-market-1124/
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Contact:
Abhishek Shukla
Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
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