The global nitrogen fertilizer market report provides an in-depth study of the market dynamics such as drivers, restraints, opportunities, and the current market scenario. The nitrogen fertilizer market report also focuses on the subjective aspect of the industry. Furthermore, the study takes in the key findings, in regards to market overview and investment opportunities. At the same time, the report also encompasses the competitive landscape including comprehensive profiles of the major frontrunners in the industry. The leading players are considered based on their revenue size, product portfolio, market share, key marketing stratagems, and overall contribution to the market growth.
The rising population and decreasing arable land across the globe are among the key factors driving the growth of the market. Furthermore, the implementation of favorable government policies promoting the usage of advanced fertilizers for higher yield is another major growth-inducing factor. There has been a significant increase in the crop demand also to cater to the rapidly increasing global population, which has consequently led to the growing adoption of these fertilizers for improved soil fertility and enhanced yield of crops, such as corn, rice and sugarcane. In addition to this, the shortage of arable land, owing to growing urbanization and industrialization, is augmenting the utilization of these fertilizers for maximizing productivity.
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Growing health awareness globally has driven the demand for pulses owing to their dietary protein content. Pulses can convert and utilize the atmospheric nitrogen and hence consume less volume of fertilizers compared to the other crops.
The global nitrogen fertilizer market is analyzed on the basis of type, application, end user, and region. Based on type, the market is divided into Urea, Ammonium Nitrate, Ammonium Sulfate, Calcium Ammonium Nitrate and others. By application, the report categorizes the market into Soil, Foliar, Fertigation and others. By end user, the market is classified into Soil, Foliar, Fertigation and others. By region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. The region across North America is classified into the U.S, Canada, and Mexico. Europe includes countries such as Germany, the UK, France, Italy, Spain, and rest of Europe. At the same time, Asia-Pacific covers countries such as Japan, China, South Korea, India, and rest of Asia-Pacific. Finally, LAMEA is segmented into Latin America, the Middle East, and Africa
Some ruling enterprises in the global nitrogen fertilizer market are examined in the report along with the citation of innovative product launches by them, their collaborative undertakings & endeavors, several merges & acquisitions, and many more. The frontrunners operating in the global nitrogen fertilizer industry include Yara International, Bunge, CF Industries, TogliattiAzot, Nutrien, EuroChem, OCI, URALCHEM, ICL Specialty Fertilizers, SABIC.
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COVID-19 impact analysis
The outbreak of the COVID-19 pandemic left a significant impact on the global economy. The nitrogen fertilizer market report provides a detailed study of the micro- and macro-economic impacts of the pandemic. Moreover, the analysis depicts the direct impact of COVID-19 on the nitrogen fertilizer market. It recapitulates the detailed information about the market extent and shares owing to the impact of the outbreak. The report also emphasizes on the supply chain and the sales of the nitrogen fertilizer market. Last but not the least; the study also exhibits a post-COVID-19 scenario, portraying different measures and initiatives taken by the government bodies across the world.
- Qualitative as well as quantitative assessment of the market on the basis of the detailed categorization involving both the economic and non-economic factors.
- Analysis at country and regional level, which portrays the share of the product or service in different regions.
- Elaborative company profiles section, which provides different pointers such as key executives, business enactment, company overview, product/service portfolio, R&D expenditure, current scenario, and prime strategies of the key market players.
- The forecasted market outlook of the nitrogen fertilizer market based on recent developments, which incorporate the analysis of drivers, market trends, and growth opportunities.
- The COVID-19 impact on the nitrogen fertilizer market
- Post-sales support and free customization
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