DUBLIN--(BUSINESS WIRE)--The "Global Nitrogenous Fertilizer Market - Global Industry Growth, Trends and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The market is estimated witness at a CAGR of 3.6% over the forecast period 2018-2023 from an estimated market value of USD 89917.9 million in 2016. Asia-Pacific, with its thriving economy and rapidly expanding population, is the largest market for nitrogenous fertilizers and the regional market is expected to experience the highest consumption.
The nitrogenous fertilizer market is likely to gain growth due to increasing population and governments' funding to use of advance techniques and fertilizer for high productivity to meet the growing demand. Europe and North America are likely to witness steady growth over the forecast period due to market saturation. While, South America and Africa are predicted to exhibit high growth in the coming years due to huge cultivation of rice, corn, and sugarcane in these regions.
Major Players: Agrium Inc, Yara International, Coromandel International Ltd, Potash Corporation of Saskatchewan, and Nufarm Ltd, among others.
- Technological Innovations in the Fertilizer Industry
- Growing Demand for Bio-based Fertilizer
- Growth in Demand for Micronutrient Fertilizer
- Regulatory and Environmental Constraints
- High Production Cost
- Low Crop Prices
Key Topics Covered
2. Research Scope & Methodology
3. Market Dynamics
4. Market Segmentation
5. Competitive Landscape
6. Company Profiles
- Agrium Inc.
- Bunge Ltd.
- CF Industries Holdings Inc.
- Coromandel International Ltd.
- CVR Partners
- Indian Farmers Fertiliser Cooperative
- Koch Industries Inc.
- Nufarm Ltd
- Potash Corporation of Saskatchewan
- Sinofert Holdings Ltd.
- Yara International
7. Future Outlook of the Market
For more information about this report visit https://www.researchandmarkets.com/research/g5q3gp/global?w=4