The global nitrogen fertilizer market is expected to grow from $67.82 billion in 2020 to $73.02 billion in 2021 at a compound annual growth rate (CAGR) of 7.7%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $78.22 billion in 2025 at a CAGR of 2%.
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The nitrogen fertilizers market consists of sales of nitrogenous fertilizers. Nitrogen fertilizer manufacturers produce fertilizers from sewage or animal waste and manufacture nitrogenous materials and mix them into fertilizers. Ammonium nitrate, ammonium sulfate and anhydrous ammonia are considered to be part of the nitrogenous fertilizer manufacturing segment.
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The nitrogen fertilizer market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Some of the major players of 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, Bunge Limited, Sinofert Holdings Limited, CVR Partners, LP, PotashCorp, Agrium, Coromandel.
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 Application: Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others
3) By Form: Liquid, Dry, Others
4) By Treatment: Soil, Foliar, Fertigation, Others
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The nitrogen fertilizer market report describes and explains the global nitrogen fertilizer market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The nitrogen fertilizer report evaluates the market across each region and for the major economies within each region.
The countries covered in the global nitrogen fertilizer market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global nitrogen fertilizer market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Full Report Includes
- Executive Summary
- Report Structure
- Nitrogen Fertilizer Market Characteristics
- Nitrogen Fertilizer Market Product Analysis
- Nitrogen Fertilizer Market Supply Chain
- Key Mergers And Acquisitions In The Nitrogen Fertilizer Market
- Market Background: Machinery Manufacturing Market
- Copyright And Disclaimer
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