High population growth leading to food security concern over the globe along with increasing need of better field productivity primarily drive the nitrogenous fertilizer market growth. Increasing consumption of meat based food products around the globe and the increased need of fertilizers in biofuel production have further led to the market growth. Growing demand from developing regions like Asia-Pacific and Latin America, and increased government and industry support would help in sustaining the market growth in the forecast period. However, regulatory and environmental constraints pertaining to fertilizers and popularity of organic options are creating obstacles for market growth.
The global nitrogenous fertilizer market is classified by type, application and geography. In term of product type, Urea, Calcium Ammonium Nitrate (CAN), Ammonium Nitrate, Ammonium Sulfate, Ammonia and Other Nitrogenous Fertilizers. While the market share for urea is reported to be the highest, the ammonium nitrate fertilizer market is expected to grow at a faster rate. By application, the usage of fertilizers is explained based on crops and non-crops. Crop based application account for majority of nitrogenous fertilizer usage which is led by oilseeds, cereal and grains.
Asia-Pacific, with its thriving economies and rapidly expanding population, is the largest market for nitrogenous fertilizers and the regional market is expected to experience the highest consumption from 2016 to 2021. Due to high demand from grains and oilseed crops, China leads the consumption both globally and regionally. South American countries like Brazil and Argentina are driving the trade in the region. United States is the key market in North American nitrogenous fertilizer industry. The five years growth would be rather static in developed nations of Europe and North America.
The global market for Nitrogenous fertilizers is characterized as being consolidated and rationalized market. The market is dominated by key companies like Agrium, Yara International, Potash Corporation of Saskatchewan, The Mosaic Company, K+S and ICL etc. Individual companies have acquired specific competitive advantage in case of nitrogenous fertilizer supply. Extensive investments in research and development activities are religiously pursued by companies to gain maximum market share.
1.1 Key Deliverables of the study
1.2 Study Assumptions
1.3 Market Definition
2. Research Approach & Methodology
2.2 Research Designs
2.3 Study Timelines
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering and Econometric Modelling
2.4.4 Expert Validation
3. KEY FINDINGS OF THE STUDY
4. MARKET OVERVIEW
4.2 MARKET DYNAMICS
126.96.36.199 Rising Diversified Food Demand
188.8.131.52 Increased Biofuel Production
184.108.40.206 Growing Meat Consumption
220.127.116.11 Shrinking Farm Land
18.104.22.168 Regulatory and environmental constarints
22.214.171.124 Popularity of Organic Fertilizers
126.96.36.199 Growing Demand from Developing Regions
188.8.131.52 Industry and Government Support
4.2.4 Porter's Five Forces Analysis
184.108.40.206 Bargaining Power of Suppliers
220.127.116.11 Bargaining Power of Buyers
18.104.22.168 Threat of New Entrants
22.214.171.124 Threat of Substitute Products and Services
126.96.36.199 Degree of Competition
5. MARKET SEGMENTATION
5.1 By Type
5.1.2 Calcium Ammonium Nitrate (CAN)
5.1.3 Ammonium Nitrate
5.1.4 Ammonium Sulfate
5.1.6 Other Nitrogenous Fertilizers
5.2 By Application
5.2.1 Crop based
188.8.131.52 Grains & Cereals
184.108.40.206 Oil seeds
220.127.116.11 Fruits & Vegetables
5.2.2 Non Crop based
18.104.22.168 Turf & Ornamental Grass
5.3 By Geography
5.3.1 North America
5.3.4 South America
22.214.171.124 South Africa
6. Competitive Landscape
6.1 Mergers & Acquisitions
6.2 Joint Ventures
6.3 New Product Launches
6.4 Most active companies in the past five years
6.5 Market Share Analysis
7. Company Profiles
7.1 Yara International
7.2 Agrium Inc. (Canada)
7.3 Coromandel International Ltd.
7.4 Potash Corporation of Saskatchewan
7.5 Koch Industries Inc.
7.6 CVR Partners
7.7 K+S AG
7.10 CF Industries Holdings Inc.
7.12 Sinofert Holdings Ltd
7.13 Bunge Ltd.
7.14 The Mosaic Company
7.16 Israel Chemicals Ltd.
7.17 Indian Farmers Fertiliser Cooperative
7.18 Sociedad Quimica Y Minera De Chile SA
7.19 Haifa Group