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Global Nitrogenous Fertilizer Market - Growth, Trends and Forecasts 2017 - 2022

  • ID: 4384943
  • Report
  • Region: Global
  • 170 pages
  • Mordor Intelligence
until Dec 31st 2019
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Global Nitrogenous Fertilizer market is estimated to grow at a CAGR of 3.6% during the forecast period 2016-2021 from an estimated market value of $86793.4 million in 2015. Nitrogen is the most vital nutrient required by all plants for growth and development. Though present in abundance in nature, it is not readily taken by all plants and that leads to higher application of nitrogenous fertilizers in the agricultural fields.

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.
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1. Introduction
1.1 Key Deliverables of the study
1.2 Study Assumptions
1.3 Market Definition
2. Research Approach & Methodology
2.1 Introduction
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
4.1 Introduction
4.2.1 Drivers Rising Diversified Food Demand Increased Biofuel Production Growing Meat Consumption Shrinking Farm Land
4.2.2 Constraints Regulatory and environmental constarints Popularity of Organic Fertilizers
4.2.3 Opportunities Growing Demand from Developing Regions Industry and Government Support
4.2.4 Porter's Five Forces Analysis Bargaining Power of Suppliers Bargaining Power of Buyers Threat of New Entrants Threat of Substitute Products and Services Degree of Competition
5.1 By Type
5.1.1 Urea
5.1.2 Calcium Ammonium Nitrate (CAN)
5.1.3 Ammonium Nitrate
5.1.4 Ammonium Sulfate
5.1.5 Ammonia
5.1.6 Other Nitrogenous Fertilizers
5.2 By Application
5.2.1 Crop based Grains & Cereals Oil seeds Fruits & Vegetables
5.2.2 Non Crop based Turf & Ornamental Grass Others
5.3 By Geography
5.3.1 North America U.S. Canada Mexico Others
5.3.2 Europe Germany U.K. France Spain Italy Others
5.3.3 Asia-Pacific China Japan India Australia Others
5.3.4 South America Brazil Argentina Other
5.3.5 Africa Egypt South Africa Others
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
7.8 Uralkali
7.9 Belaruskali
7.10 CF Industries Holdings Inc.
7.11 OCP
7.12 Sinofert Holdings Ltd
7.13 Bunge Ltd.
7.14 The Mosaic Company
7.15 Eurochem
7.16 Israel Chemicals Ltd.
7.17 Indian Farmers Fertiliser Cooperative
7.18 Sociedad Quimica Y Minera De Chile SA
7.19 Haifa Group
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