Nitrogenous Fertilizer Market to Register Steady Growth During 2017 - 2027
Nitrogen helps in faster growth and provides better texture and color to plants thus, increasing productivity and yield. This is expected to be a vital factor in driving the growth of the market. Extensive research & development by all major companies to develop advanced products also has been a major factor driving market growth. However, environmental and health hazards associated with nitrogen based fertilizers has been a major restraint for the growth of the market. Emerging regions in the RoW region is expected to offer huge growth opportunity for the industry.
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Asia Pacific region has been leading the nitrogenous fertilizers market over the past few years and the trend is expected to continue in the near future. The developing economies of India and China are amongst the leading consumers of nitrogenous fertilizers in this region. Huge rice production has been a major driver for nitrogenous fertilizers market in this region. In Europe, the demand for nitrogenous fertilizers is driven by the growing demand for ammonium nitrate. The U.S leads the North American market in terms of consumption. High production sugarcane and corn in Latin America is expected to drive the market in the region. RoW is expected to be the fastest growing region in the near future.
Major players in the nitrogenous fertilzer market include Yara International ASA, Coromandel International Ltd., CF Industries Holdings Inc., Potash Corp. of Saskatchewan, Agrium Inc. and Eurochem among others.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
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The report covers exhaust analysis on:
Supply & Demand
Competition & Companies involved
Regional analysis includes:
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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